FROM ARTIST & ECR MUSIC GROUP FOUNDER BLAKE MORGAN:
BOWING TO PUBLIC PRESSURE, INTERNET RADIO GIANT ABANDONS LEGISLATION THAT WOULD LOWER MUSIC ROYALTIES
If you spoke up about this, if you posted about it on Facebook or Tweeted about it to your friends, if you added your voice to the courageous chorus who stood up and spoke out, you helped win this fight.
This victory belongs to you.
Onward. Yours, in music…
READ THE FULL POST FROM BLAKE MORGAN HERE:
Posted in Artists Rights Watch, IRFA, Music Streaming, Musician's POV, Pandora Royalty Rates
Tagged Blake Morgan, ECR Music Group, Jason Chaffetz, MusicFIRST, pandora, ron wyden, Tim Westergren
Shannan Ferry interviews ECR Music Group owner Blake Morgan on his music career and Pandora royalties.
Watch the Full Interview at Fox News:
Please sign the Petition Here:
The rights of songwriters are under attack. Pandora Media Inc., which controls 70% of the US streaming market, has launched an aggressive campaign to pay songwriters and composers less than a fair market share for their work – even as the company’s revenue and listener base has soared.
As songwriters and composers, we value the opportunities Pandora and other music streaming companies create for our music to reach new audiences. In return, we want Pandora to value our contribution to your business.
Right now, a song that is streamed on Pandora 1,000 times, earns the songwriter only 8 cents on average. And yet, Pandora is going to great lengths – even taking songwriters to court – to pay us even less.
Music drives Pandora’s business. If the company’s revenues keep getting larger, why should the rate it pays songwriters keep getting smaller?
Songwriters are not the enemy. Instead of fighting to pay music creators less than a fair market rate, join us in an effort to construct fair music licenses that allow songwriters and composers to thrive alongside the businesses that revolve around our music.
Songwriters deserve fair pay. If you agree, commit a tweet and help send this message to incoming Pandora CEO Brian McAndrews.
Posted in Artist Rights, IRFA, Music Streaming, Pandora Royalty Rates, Royalty Rates, Songwriter Rights
Tagged ascap, Congress, exploitation, pandora, Rip Off, royalty rates, Songwriters
Good news: Pandora is scheduled to come to the stock market with a “secondary offering”, meaning the company is essentially having a second IPO. According to the Wall Street Journal:
The Internet radio company and its venture-capital backer Crosslink Capital Inc. are slated to offer 14 million shares late Thursday[, i.e., tomorrow], a stake that was worth $336 million when it was announced after Monday’s close.
So music is good business, right? It sure is–for everyone but the songwriters and artists.
In case any songwriter wondered, Pandora has more money than you and they intend to use it to screw you as hard as they possibly can to enrich themselves.
Today Pandora won a truly Pandora-style “victory” in the ASCAP rate court by getting a federal judge to rule that Pandora–a monopolist in webcasting–can use the out of date ASCAP consent decree to force songwriters to license to them.
And make no mistake–this is a very important case to Pandora because the one way that songwriters have of getting out of the trap inside Pandora’s house of cards is to say no and refuse to license to Pandora. And “no” is the one thing that Pandora can’t have you say because their only product is music. The government granted them an effective monopoly on webcasting and Pandora intends to keep it that way.
READ THE FULL POST HERE AT MUSIC TECH POLICY:
MORE HERE AT DIGITAL MUSIC NEWS:
Let’s see… maybe streaming services are cannibalizing transactional sales, maybe? Streaming Royalties are small but they can really grow? Really? Let us guess… the good news is streaming is reducing piracy? In Norway and Sweden…
According to half-year stats shared by Nielsen Soundscan with Digital Music News this weekend, paid downloads are slumping 2.3 percent at the half-point, meaning the period from January 1st through June 30th.
All of this points to the same issue of streaming services paying too little, while illegally operating, infringing businesses pay absolutely nothing at all. So much for sustainability…
READ THE FULL POST AT DIGITAL MUSIC NEWS: