Songwriters Are Tired of Having Their Money Taken -- By Artists

  • 📰 RollingStone
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The industry's top songwriters are tired of having their money taken by superstar artists. They're now asking their peers to support the Pact, an open letter calling for fairer treatment in an industry that often takes them for granted.

community this week. The document, dubbed the Pact, declares that those who sign “will not give publishing or songwriting credit to anyone who did not create or change the lyric or melody or otherwise contribute to [a] composition without a reasonably equivalent/meaningful exchange for all the writers on the song.” Warren signed it, as did a slew of sought-after writers, including Justin Tranter, Victoria Monet, Ross Golan, Tayla Parx, Savan Kotecha, Amy Allen, and more.

The Pact is the latest bid for economic justice from songwriters in a streaming landscape that has, as Tranter puts it, “completely decimated the middle class” of the writing community due to low per-stream payouts. The way the system is designed, labels and artists make more money than writers from streaming, and artists can also supplement that income by playing shows, selling T-shirts, and campaigning for brands.

Publishing executives say superstar artists may demand between 20% and 35% of writing income on songs they didn’t help compose; one A&R calls it a”toll” for recording the songs. Shy Martin, a Swedish songwriter whose compositions have been streamed over 3 billion times collectively, says in some cases she has encountered acts asking for as much as 50% of the publishing from songs they didn’t write.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Rolling stone is fake news.

Stop selling your music to them. Problem solved

Max Martin is shaking right now 🤭

Start naming the artists that demand the nonsense and the nonsense will stop.

Shame on you for your disgusting behaviour towards MeidasTouch

they mad at this joke

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 483. in BUSİNESS

Business Business Latest News, Business Business Headlines