The IFPI has called for a fairer digital marketplace to ensure songwriters and record producers are paid properly for the use of their music.
Frances Moore, IFPI chief executive officer, made the comments in a blog post on the organisation’s website.
She revealed that the IFPI has conducted research into artist remuneration showing that while artist revenues have dropped, this needs to be placed in the context of a decline in the value of the recorded music industry of more than a third from 2009-2014.
Commenting on the findings, Frances said: ‘IFPI found that while payments to artists have declined over the past five years, the decline was substantially smaller than the reduction in corresponding sales revenue. This means that artist remuneration has actually increased as a proportion of record companies’ revenues in the last five years.’
She also called for clarification over the application of safe harbour legislation. Frances stated that certain user upload platforms, such as SoundCloud and YouTube, are taking advantage of these copyright law exemptions to publish unlicensed content.
Further findings from the IFPI research revealed that subscription services are today the fastest growing sector of the digital business. In Sweden, where paid subscription predominates, local artists have seen payments increase by 111 percent.
Frances Moore, IFPI chief executive officer, made the comments in a blog post on the organisation’s website.
She revealed that the IFPI has conducted research into artist remuneration showing that while artist revenues have dropped, this needs to be placed in the context of a decline in the value of the recorded music industry of more than a third from 2009-2014.
Commenting on the findings, Frances said: ‘IFPI found that while payments to artists have declined over the past five years, the decline was substantially smaller than the reduction in corresponding sales revenue. This means that artist remuneration has actually increased as a proportion of record companies’ revenues in the last five years.’
She also called for clarification over the application of safe harbour legislation. Frances stated that certain user upload platforms, such as SoundCloud and YouTube, are taking advantage of these copyright law exemptions to publish unlicensed content.
Further findings from the IFPI research revealed that subscription services are today the fastest growing sector of the digital business. In Sweden, where paid subscription predominates, local artists have seen payments increase by 111 percent.
