It’s not even funny how much money the legal fraternity makes from music and Copyright issues. The legal teams of labels, artists and the heirs of artists make money from Copyright disputes. The legal teams of the same group make money from just representing those groups in contract negotiations and so forth.
But depending on what you read, streaming services are the problem because they don’t pay enough. Because these services also make money. While the streaming companies are running at a loss, the value of the people at the top of the Executive doesn’t diminish and their stock value is high.
Everyone is making money from so many different things except the artist. But it’s the artist who creates the content that engages with a person, who then becomes a fan and decides to spend their money on the artist.
This is what happens when artists are never allowed to be in the negotiation room when legislation is being drawn up.
When Corporations like the record labels are involved in the negotiations with their list of politicians on their payroll, well legislation looks very one sided. And when the labels get artists involved like Sonny Bono, these artists gets a handsome payday from the labels for their involvement which is probably a lot more than they would get from sales or even streams of their recorded music at that point in time.
So artists are now waiting for a judge to clarify whether they can reclaim their rights from record labels, even though the Copyright legislation states that they can.
The labels are digging deep with their counter arguments to prove that the termination requests are invalid. There best one is to say that the songs are “works for hire” which means that the label was an employer and the artist an employee, however the label didn’t meet any commitments that an employer needs to meet to be classed as an employer like annual leave, long service leave, sick leave, retirement pension contributions and yearly review of said salary and bonuses and so forth.
And the lawyers make even more money.
Remember when the streaming bodies disagreed with the Copyright Royalty Board on the new rates they need to pay to songwriters for streaming.
Well this disagreement went to an Appeals Tribunal and it’s all going back to the Copyright Royalty Board to renegotiate/review and to be a bit more transparent as to how the CRB do things or come up with things. Of course, this will be another public relations nightmare for Spotify, but then again they are the labels biggest client.
And it’s more money from the artists diverted to lawyers.