MI2N
Music Industry News Network
FRIDAY, DECEMBER 15TH
Advanced Search
MusicDish Advertising Network
HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Business News (more headlines) 05-16-2014

Statement By NMPA President And CEO David Israelite On Songwriter Equity Act

Bookmark and Share

"Today's announcement is vital to a songwriters' livelihood and woefully needed. I applaud Senators Alexander, Corker and Hatch for their Senate leadership on the issue.

Roughly two-thirds of a songwriter's income is heavily regulated by law or through outdated government oversight. This results in devalued intellectual property rights.

When you download a song from iTunes or stream music interactively through services such as Spotify, a songwriter's royalty – unlike royalties for a recording artist – is dictated by the Copyright Act. A compulsory license system for "mechanical reproduction" that dates back to 1909 effectively prevents songwriters and music publishers from negotiating for the use of their songs in a free marketplace. Another provision further disadvantages songwriters by directing the Copyright Royalty Board (CRB) to apply a below-market standard when it sets rates for mechanical reproductions. As a result, the two-cent royalty paid when a song was reproduced in 1909 has increased to only 9.1 cents today. To put things in perspective, the dozen eggs that you buy for almost $3 at the grocery store today would have cost 14 cents in 1909, demonstrating that standard rates of inflation seem to somehow not apply to songwriters.

The SEA stops short of deregulating the market for mechanical reproductions. However, it takes an important step directing the CRB to use a "willing-buyer/willing-seller" rate standard to more fairly approximate what a song is worth in the free market.

We must inject fairness into an outdated process that is undeniably stacked against songwriters and publishers, ensuring they are rightly compensated for their work."

Bookmark and Share

back | top



MusicDish Advertising Network

Mi2N Music PR

The Ed Sheeran Of The Hare Krishna World: Meet Cyril Wohrer

"Mountain Songs" Music From The Heart Of The Mountains

Hybrid Studios Now Offering Online Disklavier Services

Roger D'Arcy Releases 'TUMBLING' From Latest Album HOUSE OF HEADS

Katie Garibaldi Releases Original And First Ever Holiday Album, Home Sweet Christmas

Dark Avenue Premiere "The Light" Music Video

A True Life Touching Song Wins Top Honors In The 22nd Annual USA Songwriting Competition



MusicDish*China Song Blast
Promote Your Music Single In China

News Headlines
Mi2N EDITOR'S PICKS
» Kobalt Capital Closes Second Music Royalties Fund With $600 Million In Investment Capacity
» Rare 78rpm Records Are Being Digitized Using Prism Sound Titan Audio Interfaces
» Asylum Records Relaunched In U.S.
» Emiko Releases New Music Video Highlighting Survivors Of Sexual Abuse
» Billboard Single “God With Us” By CLARĒTA Haddon Gains Mainstream Radio Traction
» Jon Batiste Becomes Music Director Of The Atlantic
» Amazing Music Tracks - Free Music Licensing
» Rick Vines All Stars Travel To SPACE! Mon Dec 4th!
» LOVE MY COUNTRY! Is The Ultimate Compilation Series Featuring 20 Hot New Hits
» New Rock Band Cathedral Reign Recording New Music


Get your music news covered...
Have your press release written
by the pros at Mi2N

Articles
MUSICDISH E-JOURNAL
» Lithuanian Band Grabs Bronze At The Silk Road Indie Music Festival 2017
» Live Entertainment Specialists Headliner Launch Premium Artist Booking Service
» Voice-Controlled Speakers & The Music We Listen Too
» Nordic & British Musicians' Unions' Joint Statement On Sexism In The Music Industry
» Women Make An Impact On The 2018 MPG Awards Shortlist
» The Nashville Musicians Sound Healthcare Plan Rolls Out
» Streaming & Listening Diversity - Spotify Case Study
» Two-Sides Of Copyright Finance: Sound Royalties & Kobalt
» Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes
» Europe's Digital Music Leaders Form Alliance
» Pandora Subscriber Base Grows To Over 5 Million
» Hybrid Studios Announces Online Mastering Services

Mi2N's Music PR distribution service guarantees online exposure for your press release. Choose from seven (7) different packages.


HOME | FREE NEWS SUBMISSION | PREMIUM PR DISTRIBUTION | PR COPYWRITING | RSS FEEDS | TESTIMONIALS | CONTACT

Sections: Band | Business | Career | Events | Label | Music Releases | Radio | Tech | Video | Web Events
Genres: Country/Folk | Dance/Electronica | Jazz/Blues | Latin | Rock | Urban | World
International: Asia | Canada | Europe

Advertise | Artist Development | Submit Video | MusicDish*China | MusicDish e-Journal | MusicDish Network | Urban Music News Network
Copyright © 1997-2017 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.