music publishing
The COVID-19 Impact on Publishers and Songwriters—A Look Ahead to 2021
This story was co-written with Amanda Montgomery and Laura Veras. In today’s marketplace, there is no doubt that one of the toughest avenues to establish a viable career is as a songwriter. The 9.1c mechanical royalty—which has not been adjusted for inflation since 2006—has become less significant due to the emergence of streaming and the plunge of physical sales and downloads. Now, the impact of COVID-19 has contrived new challenges for songwriters and their publishers to tackle as alternative revenue streams, such as touring, continue to erode in the virus’ wake. To give a general idea of how COVID-19 has trickled down to the publishing community, the International Confederation of Societies of Authors and Composers (CISAC) projected that global music publishing collections will fa...
Pro Tips For Buyers And Sellers
When it comes to music publishing catalogs, which genres command the biggest dollars? Are all royalties created equal? And should you keep an eye on your matching rights? Buying and selling music publishing catalogs is filled with costly pitfalls. The complexity of publishing contracts, copyright law and royalty streams create pitfalls that can add unforeseen costs and hamstring the buyer or seller with unwanted terms. Billboard spoke with leading attorneys and experts to identify trouble spots and provide solutions. How should a catalog seller prepare? Deals can become “lopsided” when a seller cannot match the buyer’s institutional knowledge and ability to value a catalog, says Scott Bradford of DLA Piper: “They don’t look into the value and instead go with what the buyer is offering.” Ch...
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