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German managers call for “urgent” meeting with the labels over the slicing of the digital pie

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German managers call for “urgent” meeting with the labels over the slicing of the digital pie

Postby MrFredPFL » Mon Jan 27, 2020 5:34 pm

Story :

The managers – who represent acts like Rammstein, Die Toten Hosen and Helene Fischer – argue that there is an “urgent and fundamental” need to review the current streaming business model, and to confirm if current practices are “legally compliant”.

Ever since the start of the streaming boom – and even before it during the iTunes era – there have been plenty of debates about how digital income is shared out between the various stakeholders in the music community, including frontline artists, session musicians, songwriters, record labels and music publishers.

With both downloads and streams the starting point in terms of sharing out the money was the model employed when CDs are sold. Under that model, most money generated is allocated to the recording rights rather than the song rights. And for artists on traditional record deals, the labels will keep most of the money allocated to the masters.

There has been a slight shift, with artists often getting a few percent more on streams than CD sales, and a few percent more of the money going to the song rights. But plenty of artists – especially those receiving royalties from pre-digital record contracts – argue that they should get significantly more on streams, because the label’s overheads are lower without the need to manufacture and distribute plastic discs. Songwriters employ the same rationale for why they should be getting a bigger slice of the digital pie as well.

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