David McCullagh

Laura, good morning to you.

We have been here before with rumours of a deal being close.

A transformation that requires a fundamental re-evaluation of how music is marketed, distributed and consumed to help us delve into the changes in how music is sold and listened to.

Good morning to you both.

You're very welcome.

Peter, if I might start with you.

Thanks so much for joining us.

Just explain to us, if you would, Laura, what the system is at present and what this proposed change might involve.

Alison, good morning to you.

What is your read of the latest situation?

What exactly are these changes?

Good morning.

This is something I think rural backbenchers have been looking for for some time.

An extraordinary story.

It's caught the imagination in both France and Portugal.

I'm joined now by Chris Keeler.

Can you take us through the timeline of events?

Chris is a veteran of the Irish music industry and a career spanning over 30 years with the likes of Virgin Megastore, HMV...

How did this story unfold?

and Warner Music.