Re:Streaming Is Stalling: Can Music Keep Up in the Attention...
by dmitriid on Saturday December 19, 2020 @03:49AM
(#25476149)
That is true, to. very large extent. However, paying royalties for music is a chore that even big companies struggle with.
Do you know who to pay royalties to for a piece of music if it's broadcast in the US? In Europe? In Japan? It's not uncommon for a piece of music to be co-owned by multiple companies with weird things like "in the US the rights belong to Warner, in Europe it 27.5% Warner, 13% Sony, 1% the original production company that still exists and the rest goes to UMG"
Do you know who to pay royalties to for a piece of music if it's broadcast in the US? In Europe? In Japan? It's not uncommon for a piece of music to be co-owned by multiple companies with weird things like "in the US the rights belong to Warner, in Europe it 27.5% Warner, 13% Sony, 1% the original production company that still exists and the rest goes to UMG"