<jats:title>Abstract</jats:title><jats:p>Phosphate‐dependent changes of the mycelial lipid composition were studied in the streptothricin‐producing parental strain <jats:italic>Streptomyces noursei</jats:italic> JA 3890 b/2 and its mutant RG 2. In contrast to its ancestor, the mutant was capable of producing the antibiotic nourseothricin even when large quantities of inorganic phosphate were present in the medium. The apparent insensitivity of the secondary metabolism to phosphate inhibition corresponds to a decreased level of phospholipids in the presence of excessive inorganic phosphate and, during phosphate limitation, to a much higher production of the alkaline phosphatases. A model is discussed which proposed the control by a common genetic element of both the phospholipid and antibiotic production.