CDs on a shelf
Media playback is unsupported on your device
Video

Will simpler music licences change the industry?

A report out on Tuesday suggests that simplifying music and image licensing could bring more money into the UK.

Business Secretary Vince Cable commissioned the independent review into what can be done to change the licensing process while internet piracy is rife.

5 liveWake Up To Money asked Richard Hooper, one of the report authors, for more details.

To listen to other Radio 5 live interviews, please visit the Best Bits page.