UK managers’ group issues report arguing for more transparency in digital royalties

The Music Managers Forum released a new report titled “Dissecting the Digital Dollar” that examines the industry’s income from digital sources. The UK group used the report as a chance to push for more transparency in the business of online music. It posed seven key issues for the industry to address and closed with a survey of managers. Continue Reading

CRB may want different royalty rates for different suppliers

The Copyright Royalty Board is still in the throes of its decision-making process of setting webcasting licensing rates for 2016-2020. In the latest development, the CRB has asked the Copyright Office whether it can set different rates for different music suppliers. The query has sent industry leaders into heavy speculation about the intent behind it. Continue Reading

BPI boss fires shots at BBC about royalties for future streaming service

Earlier this week, the BBC unveiled its commitment to making its service more Internet-friendly, including plans for a streaming music service. Geoff Taylor, CEO of the BPI, addressed this as-yet non-existent streaming service by demanding that it pay to license the songs whenever it does come to be. “The starting point for some of the BBC’s suggestions around how such a service might work involved launching such a service but paying no money for it – and I just don’t think that’s viable,” Taylor said. Continue Reading

Recording Academy launches grassroots support for Fair Pay Fair Play Act

The U.S. Recording Academy is planning a grassroots initiative to help promote the Fair Pay Fair Play Act. The campaign will see more than 1,600 of the Academy’s members visiting their local representatives and policy-makers on Oct. 14 to voice their support for the legislation. Continue Reading

BASCA backs PRS for Music in SoundCloud suit

Yesterday, we reported on PRS for Music’s lawsuit against SoundCloud. Today, the plaintiff got a statement of support from their fellow Brits at BASCA. “We acknowledge that streaming is a fantastic means of listening to and enjoying music but SoundCloud’s intransigence in refusing to be licensed through PRS For Music means their model financially damages our members,” CEO Vick Bain said. Continue Reading

IFPI CEO explores the financial breakdown of streaming revenue

The IFPI has thrown its hat into the ring to discuss streaming royalties paid to artists. The group’s CEO Frances Moore penned a blog post about this delicate subject based on IFPI’s own research into the music industry’s financial situation. “The issue is not that artists are getting lower royalty payments from digital services – they are not – but that the overall recorded music market has shrunk, which means smaller revenues for all involved,” she wrote. Continue Reading

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Pandora denied lower royalty rate to BMI after buying radio station

A federal judge has denied Pandora’s request to reverse an earlier rate-setting ruling, and allow Pandora to pay lower music royalties to BMI. The decision is a mile-marker along a twisting path that involves the market-leading Internet radio service (Pandora), both government-regulated PROs (BMI and ASCAP), and South Dakota radio station KXMZ. Continue Reading