New artists and labels need to remember that music royalties are crucial to kick starting their musical careers, an ADE panellist has advised.
Karel-Jan Vercruysse, product manager at intellectual property and legal firm, DeJuristen, made the comments during a panel at the Amsterdam Music Event (ADE) discussing the future of music copyright in a digital world.
Karel-Jan said: ‘Smaller labels and artists may question the point of joining a collecting society as they only receive a small amount of money from them. There needs to be a big shift in mentality that royalties are very important for everyone. Right now, the music is made but doesn’t get to the right pockets.’
He also called for greater transparency surrounding copyright; ‘People are paying money for copyright. Most of these people have no idea what they are paying for. If you pay for it, you need to know what you’re getting.’
The panel, led by Music Tech Fest director Andrew Dubber, discussed the challenges facing the dance music community surrounding the accurate reporting of music use in clubs.
He asked the panel whether they agreed with a quote from Will Page, Spotify’s economist, that royalty distributions from collecting societies will never be 100 percent accurate due to the costs surrounding the process.
The majority of the panel disagreed, stating that technology is now almost at a point where it is financially viable to report music use as accurately as possible.
The discussion followed on from the previous day’s Association for Electronic Music panel and unveiling of Pioneer’s new DJ reporting tool, KUVO. Click here for the full news story.
Karel-Jan Vercruysse, product manager at intellectual property and legal firm, DeJuristen, made the comments during a panel at the Amsterdam Music Event (ADE) discussing the future of music copyright in a digital world.
Karel-Jan said: ‘Smaller labels and artists may question the point of joining a collecting society as they only receive a small amount of money from them. There needs to be a big shift in mentality that royalties are very important for everyone. Right now, the music is made but doesn’t get to the right pockets.’
He also called for greater transparency surrounding copyright; ‘People are paying money for copyright. Most of these people have no idea what they are paying for. If you pay for it, you need to know what you’re getting.’
The panel, led by Music Tech Fest director Andrew Dubber, discussed the challenges facing the dance music community surrounding the accurate reporting of music use in clubs.
He asked the panel whether they agreed with a quote from Will Page, Spotify’s economist, that royalty distributions from collecting societies will never be 100 percent accurate due to the costs surrounding the process.
The majority of the panel disagreed, stating that technology is now almost at a point where it is financially viable to report music use as accurately as possible.
The discussion followed on from the previous day’s Association for Electronic Music panel and unveiling of Pioneer’s new DJ reporting tool, KUVO. Click here for the full news story.
