Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Music

New Penny-Per-Stream Royalty Bill Proposed to Congress

rmtsa by rmtsa
March 9, 2024
in Music
0
New Penny-Per-Stream Royalty Bill Proposed to Congress
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter



You might also like

Mariah Carey Celebrates 20 Years of ‘The Emancipation of Mimi’: Listen

Bruce Springsteen Boosts Mexican ‘Soldaderas’ On ‘Adelita’

Hours of Unreleased DMX Freestyles Are Being Sold at Auction

Musicians may soon get a long-awaited raise at the expense of streaming services.

In an effort led by representatives Rashida Tlaib and Jamaal Bowman, the United Musicians and Allied Workers (UMAW) have proposed the Living Wage for Musicians Act to Congress. The bill would help ensure that artists are able to build a successful career in the tumultuous age of digital music streaming, according to its authors.

“Streaming has changed the music industry, but it’s leaving countless artists struggling to make ends meet behind,” Tlaib said in a statement. “It’s only right that the people who create the music we love get their fair share, so that they can thrive, not just survive.”

It’s important to note that this is an additional royalty on top of artists’ current royalties. The new royalty would be paid directly to artists, bypassing the tortuous, multi-level corporate filter every penny of streaming revenue goes through.

Platform subscription fees and a 10% levy on non-subscription revenue would fund these royalties, ensuring that artists receive a minimum of one penny per stream, a rate that is significantly higher than what streaming services currently pay. The royalties would be paid out through a central fund and would be subject to an eventual cap on the amount of profit per month.

UMAW have also launched a petition in support of the bill, asking for musicians, music professionals, advocacy groups and independent labels to pledge support.

“There is a lot of talk in the industry about how to ‘fix’ streaming – but the streaming platforms and major labels have already had their say for more than a decade, and they have failed musicians,” UMAW organizer and musician Damon Krukowski said in a statement. “The Living Wage for Musicians Act presents a new, artist-centered solution to make streaming work for the many and not just the few. We need to return value to recordings by injecting more money into the system, and we need to pay artists and musicians directly for streaming their work.”



Source link

Tags: BillCongressPennyPerStreamProposedroyalty
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Mariah Carey Celebrates 20 Years of ‘The Emancipation of Mimi’: Listen

by rmtsa
May 30, 2025
0
Mariah Carey Celebrates 20 Years of ‘The Emancipation of Mimi’: Listen

Just over 20 years since its release, Mariah Carey has revisited her chart-topping tenth album, unveiling The Emancipation of Mimi (20th Anniversary Edition). Released April 12, 2005, The...

Read more

Bruce Springsteen Boosts Mexican ‘Soldaderas’ On ‘Adelita’

by rmtsa
May 30, 2025
0
Bruce Springsteen Boosts Mexican ‘Soldaderas’ On ‘Adelita’

Bruce Springsteen pays tribute the female Mexican “soldaderas” who aided the country’s fight for independence on “Adelita,” the latest preview from his upcoming seven-album rarities boxed set, Tracks...

Read more

Hours of Unreleased DMX Freestyles Are Being Sold at Auction

by rmtsa
May 29, 2025
0
Hours of Unreleased DMX Freestyles Are Being Sold at Auction

Another huge hip-hop auction is going down online, and it features several items related to the late DMX, including hours of unreleased freestyles.Hip-Hop Spring 2025 AuctionOn Wednesday (May...

Read more

NYC Council Passes Resolution Supporting Higher Pay for Artists on Streaming Services

by rmtsa
May 29, 2025
0
NYC Council Passes Resolution Supporting Higher Pay for Artists on Streaming Services

The New York City Council on Tuesday passed a resolution endorsing federal legislation that would create new royalty payments for musicians whose work generates billions in revenue but...

Read more

Jason Bonham Extends Tour of Led Zeppelin’s ‘Physical Graffiti’

by rmtsa
May 29, 2025
0
Jason Bonham Extends Tour of Led Zeppelin’s ‘Physical Graffiti’

Jason Bonham has added a string of North American shows on a tribute tour to Physical Graffiti, the chart-topping 16-times-platinum Led Zeppelin LP powered by his late father...

Read more
Next Post
A Love Letter To Black Journalists

A Love Letter To Black Journalists

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Mariah Carey Celebrates 20 Years of ‘The Emancipation of Mimi’: Listen
  • Miley Cyrus ‘Something Beautiful’ Album Review
  • I Ate Everything on Burger King’s ‘How to Train Your Dragon’ Menu

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In