First, without question songwriters deserve a raise and the idea that there is an appeal against the raise we were just granted is disturbing. To be honest, songwriters deserve a raise and then some! The elephant we need to address is that we on the content side need to fairly share these royalties between us after allowing for a reasonable distribution fee for the DSPs. We all need a healthy business environment.
So what can we do as an industry to hopefully pull the government out of our negotiations and get to a fair place? Each side of the business needs to look at what it has and can offer to the other side that will result in fair rates for all creators. Publishers receive terrestrial radio royalties and labels do not. Both parties should go to radio and negotiate an economically sound and fair overall raise and then split that royalty equally.
Yassss bangtan :))
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »