Ivor Novello Music awards 2021 held in London

The transcript discusses the significance of awards to artists, particularly songwriters, and highlights the importance of songs in the music industry. It includes insights from an interview with Ritchie about songwriting and emphasizes the need to celebrate and properly compensate songwriters. The foundational role of songs in entertainment is discussed, along with personal reflections on the courage of songwriters.

What does the speaker imply about the future of songwriters and their contributions to culture?

In what ways does the speaker suggest that songs impact people's lives?