MicrostockGroup
Microstock Photography Forum - General => General Stock Discussion => Topic started by: Uncle Pete on April 26, 2022, 19:05
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“While streaming has brought significant profits to the recorded music industry, the talent behind it — performers, songwriters and composers — are losing out,” said DCMS Committee chair Julian Knight MP. “Only a complete reset of streaming that enshrines in law their rights to a fair share of the earnings will do.”
First in the committee’s sights were the “pitiful returns” it said artists and songwriters earn from streaming. To help remedy that, the report calls on the government to introduce a right to equitable digital music remuneration.
A similar non-waivable, non-transferrable right to equitable remuneration (ER) — which is not subject to recoupment — already exists for U.K. radio play, and would mean streaming recording royalties would be split 50/50 between performers and rights-holders.
To bad there's no lobby or representation for artists who create stock images. I mean, imagine that, a fair share and 50/50 of subscription sales for example?
Bold is mine.