Stories
Slash Boxes
Comments

SoylentNews is people

Submission Preview

Link to Story

DOJ to Require Changes to Music Royalty Collection

Accepted submission by frojack at 2016-08-04 23:11:23
Business

NBCNews [nbcnews.com] reports that changes are coming for the music industry, and Big Music is not happy about it.

For years, in cases where ASCAP (the American Society of Composers, Authors and Publishers) or BMI (Broadcast Music Inc) did not represent all of the authors of a song, they would issue fractional licenses and presume that the licensee would ensure others were paid. Instead, the Justice Department's new rules would require "full-work" licenses.

We've all heard stories about some song-writers or lyricists being cut out out of the proceeds of music sales because they were not members of these big licensing agencies, never signed a release of rights, or a variety of other issues. Big Music (ASCAP and BMI) more or less ignored these artists, assuming they would get their share via some other means. Of course, in the end, that usually meant somebody pocketed all the money and somebody else didn't get paid. That's not how it is supposed to work. [howstuffworks.com]

BMI said in a statement that it would fight the change in court, while ASCAP said it would press for legislative reform. The groups said in a press release that the decision "will cause unnecessary chaos in the marketplace and place unfair financial burdens and creative constraints on songwriters and composers."

This all arose after Big Music claimed that the internet music streaming services were under-paying for song streamed, and cheating artists. They complained to the DOJ and wanted to renegotiate a 1941 era consent decree. It appears the DOJ agrees that some artists were indeed being cheated, but not necessarily by streaming services.

Some artists refuse to let their music be streamed simply because they believe it is being pirated at alarming rates. Other artists are waking up to the music industry's games [mosesavalon.com].


Original Submission