Tag Archive | Music Publishing

How Blockchain And Cryptocurrency Can Speed Up Spotify International Publishing Royalty Payments To US Songwriters

cryptocurrency and music

There’s been a lot of talk about applications of blockchain technology and cryptocurrency payments in the music industry. In fact, there isn’t a single major music industry conference that doesn’t dedicate some programming to related topics. There are several projects and startups currently underway to address licensing, discovery, attribution, remuneration and more with blockchain, smart contracts, and cryptocurrency.

For those of us who aren’t blockchain developers, simply keeping up with the many applications of blockchain in the music industry is the closest we’ll get actually knowing how this all (could) works.

I’ve been thinking about how blockchain and cryptocurrency could speed up the process of paying U.S. songwriters, who wait upwards of 1.5 years to get paid for the use of their songs on Spotify outside the U.S.

The current state of the flow of international publishing income to U.S. Independent Songwriters who own their publishing and use traditional publishing administrators to collect in the U.S. is quite depressing.

As an example, Tommy released a song on Spotify in January 2018. In the United Kingdom, the song earned $100 “publisher share” Spotify UK digital public performance royalties.

Here’s the breakdown:

START: $100 “publisher share” of Spotify UK digital performance royalties in January 2018.

1. PRS collects Tommy’s publishing income in the UK ($100) in January 2018.

2. PRS retains 10% admin fee and remits the balance ($90) to ASCAP in October 2018.

3. ASCAP retains 12% admin fee and remits the balance ($79.20) to the Publishing Administrator in February 2019.

4. Publishing Administrator retains 20% admin fee and pays Tommy ($63.36) in July 2019.

END: Tommy is paid $63.36 for his Spotify UK “publisher share” income (earned $100) after waiting 1.5 years and experiencing a reduction of 37% of his royalties. Imagine $1,000 reduced to $633.60 or $10,000 reduced to $6,336.00.

Had Spotify used blockchain technology to dynamically identify Tommy as the rightsholder in his song and paid him instantly at the close of the month with cryptocurrency, Tommy would have already spent his $100 on studio time!

[VIDEO] Watch How TuneRegistry Can Help Indie Music Creators Protect Music & Unlock Royalties

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Are you an indie artist looking to unlock additional income streams from your music?

Are you a band confused about what rights each member owns and how to protect them?

Are you a manager looking to save time and streamline reoccurring music industry administration tasks?

Are you an indie label or publisher looking for a better way to organize your company’s catalog in a collaborative space?

TuneRegistry is a next generation music management platform that enables creators and rights-holders to streamline the administration of their music catalogs.

Check out this tutorial reel to see how TuneRegistry can help you.

Learn more at www.tuneregistry.com.

Independent Artists: TuneRegistry Wants To Help You Register Your Music Rights

TuneRegistry Website Promo.jpg

After months of planning, we are finally excited to release additional information about TuneRegistry.

TuneRegistry is an easy-to-use and cost-effective solution to streamline music rights registrations and metadata delivery. We’re building TuneRegistry for the independent music community — to empower you with a powerful, yet simple, platform to manage your music catalog and associated rights administration all in one place.

TuneRegistry Screenshots

Who is TuneRegistry for?
From indie artists and artist managers to indie record labels and music publishers, we believe that the any music creator and rights owner within the independent music community will find value in TuneRegistry’s suite of tools and services. Even music attorneys like us!

We are currently seeking private beta testers from the independent music community. Request an invite.

Artist Josh Garrels Invests in His Future, by Utilizing ‘Free’ as a Format via NoiseTrade

(This article was written by Chandler Coyle and published on The Coyle Report on May 13th, 2015)

Josh Garrels – © Sasha Arutynova

You’re an independent artist and are about to release your first album in almost four years. You’ve been running a pre-order on your website, iTunes, and Bandcamp during the weeks leading up to the release. On release day, in addition to making the album available via download stores and streaming services, you decide to give free downloads of the album away via NoiseTrade. Are you crazy? No, you are Josh Garrels and your new album Home just charted on Billboard despite also being available as a free download.

Giving away a new album on the day that it’s first made available has become for me, the ultimate form of ‘release,’” explains Garrels. “I pour my sweat and blood into the work and an album often takes me years to complete, but somehow, making it available for free creates a healthier relationship between myself, the work and the listener. In short, giving away my music over the years has proven to be life-giving practice.

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Dae Bogan’s “Music Publishing & Copyright Administration in the Internet Age” Workshop at the Indpendent Music Conference in Los Angeles on October 25th

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I am excited to return to the Independent Music Conference to teach a workshop on music publishing and copyright administration. The “Music Publishing & Copyright Administration in the Internet Age” workshop will cover basic music publishing and copyright administration from the perspective of a DIY independent artist. Attendees will learn about self-publishing in the Internet age and takeaway resources for music placement, music licensing, and royalty collection around the world. Attendees should leave with an understanding of synchronization rights, mechanical rights, and performance rights in the United States.

  • When: Saturday, October 25th, 2014
  • Time: 9:00am to 11:00am
  • Where: SAE Institute – 6565 Sunset Blvd., Suite 100, Los Angeles, CA
  • Cost: Conference attendees and SAE students. To become a conference attendee, visit http://www.indiemusicon.com.

The Independent Music Conference will take place October 22 – 25, 2014 in Los Angeles. The conference will be head at The Songwriting School of Los Angeles and SAE Institute. The conference includes professional development mentorship sessions, workshops, seminars, panels, and live performances and networking events at night. See the complete schedule at http://www.indiemusicon.com.

Dae Bogan Confirmed To Teach ‘Music Publishing & Copyright Administration’ Workshop At The Independent Music Conference In October – Scholarships Available For Attendance

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I am excited to return to this year’s Independent Music Conference to teach a basics workshop on Music Publishing & Copyright Administration on Saturday, October 25th. Time TBD. This workshop will explore basic music publishing and copyright administration from the perspective of a DIY independent artist. Attendees will gain a better understanding about self-publishing in the Internet age with key takeaways including resources for music placement, music licensing, and royalty collection around the world. Scholarships are now available to attend the Independent Music Conference taking place October 22th – 26th in Los Angeles. For details, visit http://IndependentMusicConference.com.

 

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