🗝 Emilio García’s Post

Why do the US and Canada pay a fixed amount for music royalties, while Europe uses a percentage of the music's price? How has streaming changed how much artists get paid in the UK, and how do companies like Apple and Spotify help with that? Our latest blog article explores the complexity of mechanical royalties and what it means for songwriters, publishers, and streaming services. Discover the essential details and learn how they work, who pays and collects them, and how rates vary by region. 🎵💰🌎

(Music Copyright) Times Are a-Changin: Changing the way artists are getting paid by streaming services based on qualitative criteria is a game changer for the music industry. Anglo -American repertoire revenue would experience an unprecedented growth which could boost the global music streaming economy as a whole. But what about national repertoires in the long run; Could they survive in the digital music arena if the UMP- Deezer deal becomes the new norm; What about preserving cultural diversity; Is this qualitative approach applicable to direct management deals only; Is it compatible with EU collective management rules; How many European artists have less than 1,000 streams per month and less than 500 unique listeners but are still uncontested professional artists that are in it for the living; Hopefully this is for the better of the music economy as a whole..but when reading about the deal, I can't escape from thinking Fahrenheit 451 (the first book I ever read in English as a teenage) and Guy Montag's words when he first started feeling regrets for his actions: "And I thought about books. And for the first time I realized that a man was behind each one of the books. A man had to think them up. A man had to take a long time to put them down on paper". #copyright #copyrightlaw #musicindustry #musicbusiness #streaming #culturalheritage #culturalawareness #royalties

David Philp Songwriters and publishers are expected to receive more than $400M more in royalties from the years 2021-2022. This is a result of a final ruling on streaming royalty rates According to the Mechanical Licensing Collective (MLC), music companies like Spotify, Amazon Music, YouTube, and Pandora underpaid songwriters and publishers over $419.2 million for 2021 and 2022. This $400M includes $281M in mechanical royalties and $137.8M in performance royalties. The issue started from final royalty rates being much higher than the interim rates used during a four-year dispute between music publishers and streamers. The MLC was created by the Music Modernization Act of 2018. "It serves as the sole entity that is authorized to collect and distribute mechanical royalties due for the reproduction and distribution of musical works." The MLC said it expects the total payout to increase by possibly another $10-$15 million as more news regarding streaming services come in.

Songwriters and music publishers are set to receive a net total of nearly $400 million more in royalties for 2021-2022, thanks to a final ruling on streaming royalty rates. This follows a years-long battle between creators and streaming services over fair compensation. The windfall stems from the Copyright Royalty Board’s Phonorecord III determination in August 2023, which established higher royalty rates for music streamed between 2021 and 2022. This means streaming giants like Spotify, Amazon Music, YouTube, and Pandora underpaid songwriters and publishers by $419.2 million, according to information from the Mechanical Licensing Collective (MLC), highlighting underpayments during the 2021-2022 period.

US publishers body the National Music Publishers' Association had hinted at a ‘legislative proposal’ as the next step in its battle with Spotify over bundle royalties. Yesterday, it revealed that proposal in a letter to the leaders of the Judiciary Committee in the Senate and House of Representatives. In short, the NMPA wants a key section of the US Copyright Act to be reworked. “Congress should allow rightsholders the choice to license through the MLC using the statutorily set royalty rates or to withdraw from the MLC and operate in a free market if they meet certain conditions,” suggested the letter. “This would give rightsholders the option to stay within the current compulsory system or to operate within a free market. It would also restore basic principles of fairness to the market by requiring streaming platforms to deal with music makers as partners.” The goal being to give publishers similar leverage with streaming services as labels have in their negotiations. Read The Full Story Here: https://lnkd.in/dXGv9MQh #MusicRights #NMPA #StreamingWars #musically #musicnews #readmore

📰 Songwriters and Publishers to Receive Nearly $400M Payout After Streaming Royalty Ruling in the US, ASCAP Announces Record Revenue for 2023, Spotify Says Independent Artists Received $4.5 Billion in Royalty Payments and much more! 🎶 Check out major music industry news you may have missed this past week! #ascap #spotify #royalties #music #newsletter #explorationweekly #musicnews

https://lnkd.in/egaTFgtn A lawsuit has been filed against Spotify in the United States for failing to pay millions of dollars in royalties. https://lnkd.in/eFVRYfr4 please visit our website  A lawsuit has been filed in U.S. federal court against Spotify, the music streaming giant, for allegedly failing to pay songwriters, composers and publishers millions of dollars in exchange for making their works available on the platform. The lawsuit was filed Thursday in New York against the Swedish company's American arm (Spotify USA) by a group called the Mechanical Licensing Collective (MLC), a nonprofit organization that collects and distributes royalties due from music streaming services. According to the lawsuit, on March 1, without prior notice, Spotify reclassified its paid subscription services, resulting in an approximately 50 percent decrease in royalty-related payments to the MLC. "The financial consequences of Spotify's failure to meet its legal obligations are enormous for songwriters and music publishers," the MLC said. "If left unchecked, the impact on songwriters and music publishers of Spotify's unlawful failure to accurately report (the amount of royalties owed) could reach into the hundreds of millions of dollars," it added. Read more

Understanding Spotify's New Royalty System: What it Means for Songwriters Spotify's recent shift to a new royalty payment system, overseen by the US Copyright Royalty Board, marks a significant change for songwriters and music publishers. This development has sparked diverse reactions, with some industry professionals questioning if these changes truly serve the creative minds behind the music. Having navigated the intricacies of royalty payments in past roles, I see transitioning to a system like the Mechanical Licensing Collective (MLC) as a double-edged sword. It promises more streamlined and timely payments, yet the new rates established by the Copyright Royalty Board have raised concerns, especially among smaller publishers who fear inadequate compensation. The core issue lies in finding the right balance between simplifying payment processes and ensuring fair compensation. This is a crucial point of contention that could potentially reshape the future landscape of music publishing. I'm curious to hear your thoughts: - How do you think these changes will impact the music industry, especially independent artists and smaller publishers? - What strategies should songwriters and publishers consider to adapt effectively to this new system? Please share your views in the comments or write a post and tag me. Let's discuss how we can better support our music creators. Your insights might lead to more equitable solutions in the music streaming world. #MusicIndustry #RoyaltyPayments #Spotify #Songwriters #MusicPublishing

TikTok has been removing all recordings written or co-written by songwriters signed to Universal Music Publishing Group, following on from its takedowns of UMG recordings. But now there’s a new deadline looming that’s going to be a headache for the company. The US National Music Publishers Association (NMPA) has announced that its TikTok licensing deal expires on 30 April, and that “we do not anticipate that there will be an option to renew or extend the current NMPA licenses or participate in a new license with TikTok through NMPA”. It is encouraging its members to strike their own direct deals with TikTok, and noting that for those who do not its lawyers are available to “discuss enforcement options”. (And if there’s one thing we know about the NMPA, it’s that it is not scared in the slightest of suing tech platforms if it thinks they’re a hotbed of unlicensed music…) Come 30 April, TikTok may be forced to remove another swathe of recordings written or co-written by songwriters signed to NMPA members. Read The Full Story Here: https://lnkd.in/ezRVK6vC #MusicLicensing #TikTok #ByteDance #musically #musicnews #readmore