Music Mondays – Songwriters loose under Spotify and Amazon’s fight against new Copy Rights Board license

Music Mondays – Songwriters loose under Spotify and Amazon’s fight against new Copy Rights Board ruling

In the bulls-eye of Amazon and Spotify’s appeal of the Copy Rights Board is an increase to songwriters royalty payments. The CRB increased the percent in royalty payments to songwriters and publishers from 10.5% to 15.1%. While the giants have gotten away with classifying their family packages and memberships under CRB discounts in the past, the National Music Publishers Association now questioning their rationale. For example, Prime members pay $2.99 a month for access to the music platform, and the NMPA wants to know why on what basis did Amazon make this decision?

For the time being, Spotify is complying to the new rules but is appealing the new license. Spotify claims it is fighting new regulations such as performing rights royalties, not the rate increase. Valued in the billions, NMPA boss David Israelite says: “Amazon has concocted a scheme where its Prime Music service is priced so low, songwriters will reap almost no royalties from its platform. This violates the law that protects songwriters work from being bundled with other offerings and essentially used for free.”

 

– Excerpt from an article for Complete Music Update by Chris Cooke. Find the full article here

—————————————————————————————————————————–

Disclaimer: Please note that the information contained within this news post and site is offered simply as a consideration to visitors who are in the entertainment industry and are seeking to learn more about various areas of entertainment, be it in film, movies, television, music, digital, new media, film financing, merchandising and/or branding. As such, the information so provided should never be construed as legal advice. If you need further assistance or legal advice for your specific matter, please do not hesitate in contacting an entertainment attorney (film, music, digital, licensing, financing) here in Los Angeles, California at The Hollywood Lawyer by(1) emailing us at info@hollywoodlawyer.com; (2) calling us at (323) 300-4184; or (3) filling out our online form. www.thehollywoodlawyer.com

%d bloggers like this: