authors harmed “hundreds of millions of dollars”, for lack of reliable metadata

by time news

According to Björn Ulvaeus, President of the International Confederation of Societies of Authors and Composers (Cisac), “Creators need reliable metadata in the streaming world.” The former guitarist and singer of the group ABBA estimates, thanks to the annual study published Thursday, October 27 by this organization bringing together 228 societies of authors and 4 million creators in 119 countries, that“too much of the data needed to identify and compensate creators is incomplete or missing when works are integrated by streaming services [dans leur catalogue] ». So that “hundreds of millions of dollars remain unattributed, instead of returning to the creators”, he assures.

M. Ulvaeus is pleased that CISAC has already modernized the identification of musical works in its repertoire, while making it available to societies. Most “wider adoption of this identifier is still slow”, he regrets. He welcomes the first step taken by the British government which, in a campaign in 2021, invited companies and organizations in the sector to commit to ensuring the accuracy and completeness of metadata from the moment of the creation of records. sign that “Things are moving seriously, in the right direction”.

Read also Article reserved for our subscribers The precarious of music streaming go on the counterattack

The other necessity for creators is, according to him, “a better sharing of value”. An old claim. The CISAC president notes that tens of thousands of new titles are offered on streaming services every day, which “offers wonderful opportunities”most “Nevertheless leaves a taste of unfinished because [le streaming] has still not resolved the question of its ability to support creators in a fair and equitable way”, he points out. A report from GEMA (the German equivalent of the Society of Authors, Composers and Music Publishers) on the music streaming sector across the Rhine provides him with arguments in favor of his fight on the remuneration of authors.

Strong structural growth in digital revenues

The study covering the year 2021 shows a 7.2% increase in global music-related rights collections, to 8.48 billion euros. Better but not yet a return to what prevailed before the Covid-19 pandemic. This result reverses the decline in 2020, but remains 5.1% below the 2019 level.

It is explained by “the hesitant revival of live” – which remains stable, at nearly 1.49 billion euros in 2021 (compared to 2.7 billion in 2019) – and by a slight decline which has continued for five years in television and radio rights (- 1 .8%), but still retains the lion’s share (3.19 billion euros).

You have 20.31% of this article left to read. The following is for subscribers only.

You may also like

Leave a Comment