The National Music Publishers’ Association, the Nashville Songwriters Association International and Sony Music Entertainment have all submitted a joint agreement with the Copyright Royalty Board that will settle ongoing disagreements over the proposed new statutory mechanical royalty rates from 2018-2022.
Similar to NMPA’s previously announced settlement with record labels Warner Music Group and Universal Music Group, the agreement includes a roll-forward of rates covering physical products, digital downloads, and ringtones.
Source: Sony Music Settles Months Long Dispute With Songwriting Community – hypebot
The Copyright Royalty Board (CRB) is currently fielding proposals from stakeholders around a new rate-setting process that will cover 2018-22, a process that is causing high drama in the music industry as stakeholders debate publicly over each others’ proposals.
The highest-profile of these disagreements stems from the National Music Publishers’ Assn. (NMPA) and the Nashville Songwriters Assn. International (NSAI), which have jointly criticized Sony Music Entertainment for its participation in the rate-setting process. Essentially, publishers and songwriters are on one side, and on-demand (or “interactive”) digital music services like Spotify are on the other.
Source: Copyright Royalty Board? Statutory, Mechanical Performance? A Primer for the World of Music Licensing and Its Pricing | Billboard
The U.S. Justice Department’s antitrust division formally closed its revue of the ASCAP and BMI consent decrees Thursday, issuing a lengthy statement spelling out why it decided not to make any changes to the decrees, at least for now, and why it now reads those decrees to require 100 percent licensing by the PROs of any works in their repertories even if they don’t represent 100 percent of the owners of those works.
The DOJ’s position was, to put it mildly, not universally popular within the music industry.
BMI immediately vowed legal action challenging the 100 percent requirement and sent a letter to the U.S. District Court overseeing its consent decree asking for a pre-motion conference.
David Israelite, president of the National Music Publishers Association (NMPA), appeared on the verge of a stroke. Continue reading “DOJ Cites Music Industry’s Data Problem in Rejecting Changes to ASCAP, BMI Consent Decrees”
In a keynote address at the National Music Publishers’ Assn. legendary music industry executive Irving Azoff called upon the music industry to work together.
“The music industry has never been more powerful and popular and we as an industry have never done a shittier job of rallying together as one industry,” Azoff said. “We should work together to solve the root of the problem” — fair compensation. “I had one artist who was making $450,000 a year between all of his royalties,” Azoff said. Now after the digital revolution, he is down to making “$40,000 a year.”
Source: Irving Azoff Calls on Music Industry to ‘Work Together’ in National Music Publishers’ Assn. Keynote | Billboard
Independent publisher and songwriter members of the National Music Publishers’ Association can now sign up to be paid royalties each time their compositions are used in mix content that’s distributed to digital music services by Dubset. The new deal is the result of a rights agreement between Dubset Media Holdings and the NMPA.
NMPA members who opt-in to the agreement will have access to Dubset’s MixBANK platform where they can set terms and rules around how and where their catalogue may be used in mix content.
Source: Dubset signs deal for indie publisher rights with NMPA – Music Business Worldwide