Royalties – Doite Media

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August 28, 2020

Blockchain, Smart Contracts, and Reconstructing the Music Industry

Many have heard of the famous cryptocurrency named Bitcoin, but many have not heard of blockchain. Blockchain is the underlying technology that allows Bitcoin to function as a decentralized currency. Imagine blockchain as a shared database. Unlike the Cloud, where Google or Apple control all the data, a public blockchain is not controlled by a central authority. Instead, anyone connected to the internet can take part in storing the data. Because it is not controlled by one party, theoretically, a blockchain cannot be shut down, hacked, and most importantly, the data cannot be altered again. Cryptocurrencies are one tiny possibility of the power of blockchain.
August 27, 2020

MUSIC COMPANIES THAT ARE RESHAPING THE MUSIC INDUSTRY THROUGH BLOCKCHAIN

Blockchain is solving some of the major problems currently plaguing the music industry. With blockchain, musicians are able to receive equitable royalty payments, venues are able to curb counterfeit tickets and record companies can easily trace music streams and instantly pay all artists who contributed to songs or albums.
August 19, 2020

Streaming’s remuneration model cannot be ‘fixed’

there is a risk of the market falling into streaming fatalism; that the obsession with trying to fix a model that might not be fixable distracts us from focusing on trying to build alternative futures.
August 19, 2020

Digital services secured a “procedural victory” to overturn 44% increase paid to songwriters in the US

Digital services including Spotify, Amazon Music and YouTube have reportedly secured a “procedural victory” in their bid to overturn the 2018 Copyright Royalty Board (CRB)’s ruling that would see a 44% increase to streaming royalty rates paid to songwriters in the US.
March 9, 2020

David Israelite to Songwriters: Court Case With Spotify, Amazon Has ‘Seismic Implications’

This week, Spotify and Amazon are quite literally taking you to court. A great deal of the business of how much you get paid happens in a room a few blocks from the U.S. Capitol. Every five years a board of three judges sets your royalty rates for mechanical uses – including those in interactive streaming like Spotify and Amazon. Two years ago, in January of 2018, after months of argument, those judges gave you a 44% raise.