Collusion Is Harming The Music Industry
The music streaming services – both interactive (like Spotify, Apple Music, Tidal, and others) and non-interactive (like Pandora) all have something in common:
The prices are are being set with little-to-no regard for the desires of the artist. Instead, the prices seem nearly uniformly consistent across platforms. This began, of course, when Apple introduced iTunes and effectively set the market price for downloads to be $.99 per song or $10.00 per album. In so doing, they also created the practice of platforms taking 30% of the gross revenue from these sales. This 30% number is now nearly an industry standard, even though there is no market-based evidence to support it being the “right” (i.e. market-clearing) fee.
We at Music Revolt believe strongly that the practice of industry-wide price setting, with little-to-no input from those whose works are being sold – the artists – has resulted in a terrible lack of competition, and thus a landscape dominated almost exclusively by massive companies who are setting prices in a manner that makes it difficult or impossible for other entrants to compete. The result is a failing, anti-competitive music industry that continues to grossly underutilize technology.
Labels and Publishers Are Not Honoring the 35-Year Copyright Reversion
Many people – including artists – are unaware that they have an opportunity to reclaim the copyright to their works – compositions and/or sound recordings – that they assigned to the labels/publishers after thirty-five years.
This is because, of course, the labels and publishers don’t want rightsholders to reclaim their property.