tagged w/ Music Royalties
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"Musicians ranging from will.i.am to Emmylou Harris and Sheryl Crow gathered for a different kind of performance on Tuesday, pushing for legislation to require radio stations to pay royalties to musicians when the stations play their songs.
Bills have been introduced in the House and Senate to require radio stations to pay royalties to performers. Songwriters already receive royalties.
The bills are co-sponsored by the Democratic chairmen and ranking Republicans on the Judiciary Committees in each chamber, which means they have a good chance of advancing.
Tennessee Reps. Marsha Blackburn, R-Brentwood, and Jim Cooper, D-Nashville, and Republicans Sens. Lamar Alexander and Bob Corker are co-sponsors of the bills.
"This is not a partisan issue; this is a fairness issue," Blackburn said at the news conference. "They own that creation. Let's honor their good works and creativity."
They are part of the musicFIRST (Fairness in Radio Starting Today) Coalition, which includes the Recording Industry Association of America and several other industry groups.
On the other side of the debate is the radio industry, which has its own group called the Free Radio Alliance. Station owners argue that radio play acts as free promotion for the musicians and that many smaller stations would be forced out of business if they had to pay royalties.
A House resolution opposing the fees is signed by 125 lawmakers.""Musicians ranging from will.i.am to Emmylou Harris and Sheryl Crow gathered for... more
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"Radio stations will pay lower fees through 2010 to recording artists and labels for streaming music on the Internet under an agreement with the organization that collects royalties.
The deal between SoundExchange and the National Association of Broadcasters, announced yesterday, replaces government-set rates called too high by providers of music over the Internet.
The agreement with broadcasters sets rates through 2015 for local radio stations that provide simultaneous broadcasts over the Internet or that create new stand-alone Internet stations, according a statement released by the two groups yesterday.
Rates are being reduced in 2009 and 2010 by about 16 percent, then gradually increased to 0.25 cent per streamed sound recording by 2015, the press release said.
Royalties are evenly split between labels and artists, said Ades, the SoundExchange spokesman. The Washington-based group on its Web site says it collects and distributes performance royalties for more than 3,500 labels and more than 31,000 artists. The labels include the four major record companies: Vivendi SA’s Universal Music Group, Sony Corp.’s Sony Music Entertainment Inc., EMI Group Ltd. and Warner Music Group Corp.
SoundExchange and public radio stations represented by the Corporation for Public Broadcasting on Jan. 15 announced an agreement for new rates to supplant those set by the copyright board. That joint press release didn’t offer details.""Radio stations will pay lower fees through 2010 to recording artists and labels... more
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Apple has threatened to shut down the iTunes music store if an obscure three-person board appointed by the Librarian of Congress increase the royalties paid to publishers and songwriters by six cents per song.
The Copyright Royalty Board is scheduled to hand down its decision on these rates by Thursday. As part of their general muscle-flexing of late, music publishers asked the board to increase the royalties paid to publishers and songwriters for the sale of digital downloads from 9 cents to 15 cents per song.
Apple -- which has mightily resisted tampering in any way with its 99 cent price point for tracks -- said that if the rate hike goes through and the labels refuse to absorb the entire resulting increase, the iTunes music store will become unprofitable.
And, Apple says, it likes making money.Apple has threatened to shut down the iTunes music store if an obscure three-person... more
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Your favorite music Web sites may be going out of business due to falling music sales and struggling record labels.Your favorite music Web sites may be going out of business due to falling music sales... more
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3 years ago
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Global music sales dropped 8 percent to $19.4 billion in 2007, according to a report from the International Federation of the Phonographic Industry. Revenue came in at its slowest pace since at least 1997, the first year for which the body issued figures. Physical sales of CDs and DVDs fell 13 percent to $15.9 billion. Sales of downloaded songs and mobile-phone ringtones rose 34 percent to $2.9 billion.Global music sales dropped 8 percent to $19.4 billion in 2007, according to a report... more
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3 years ago
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Pandora -- practically the poster child for online radio -- says it will shut down if royalty rates enacted in March of 2007 are not altered soon.Pandora -- practically the poster child for online radio -- says it will shut down if... more
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3 years ago
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The firms deserve a bigger piece of the profit from music titles, Warner CEO Edgar Bronfman Jr. says.The firms deserve a bigger piece of the profit from music titles, Warner CEO Edgar... more
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3 years ago
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Or at least that's what the recent survey by NPD group says about tweens.
Here's where the 70 percent of tweens who download digital music in an average month are getting their tunes, according to the survey:
- Apple iTunes: 49 percent
- Limewire: 26 percent
- MySpace: 16 percentOr at least that's what the recent survey by NPD group says about tweens.... more
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In a letter to its members, ASCAP stated it's unhappiness with its impending battle with these 2 orgs:
"Both the RIAA and DiMA have proposed significant reductions in mechanical royalty rates that would be disastrous for songwriters and music publishers."
Well, how much is the proposed decrease?
"The RIAA has proposed slashing the rate to approximately 6 cents a song - a cut of more than one-third the current rate! For permanent digital downloads...The RIAA has proposed the outrageous rate of approximately 5 to 5.5 cents per track, and DiMA is proposing even less."
We'll see how this works out. Congresss' Copyright Board begins a hearing today to consider these propositions.In a letter to its members, ASCAP stated it's unhappiness with its impending... more
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