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Revenues from audio streaming: the figures don’t add up

The streaming business model

The fig­ures pub­lished by the indus­try are clear: since 2012, the music stream­ing mar­ket has been pro­gress­ing con­tin­u­ous­ly. This growth is accel­er­at­ing year after year, in a spec­tac­u­lar way. In the United States, streaming-​generated rev­enues for 2019 exceed­ed the total record­ed music mar­ket for 2017 (RIAA data). The trend is the same on the British mar­ket, where fig­ures for 2019 set new records: for the first time, the annu­al num­ber of streams exceed­ed 100 bil­lion (BPI data).

As the stream­ing econ­o­my devel­ops, the ques­tions grow as to the way in which rev­enues are divid­ed between the var­i­ous sec­tor play­ers.
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UK | Fix streaming to Keep Music Alive

UK campaign ‘Keep Music Alive’

The Covid-​19 cri­sis has hit music per­form­ers hard. Gigs have been can­celled, fes­ti­vals and per­for­mances post­poned, and record­ing stu­dios closed. It has brought into sharp relief the fact that musi­cians are sus­tained pri­mar­i­ly by income gen­er­at­ed by the live side of the music busi­ness and that stream­ing roy­al­ties are woe­ful­ly insuf­fi­cient.

It would take 53 mil­lion Spotify streams to break even on a € 24,000 loss, a fig­ure that is unat­tain­able for most musi­cians. In the UK, one in five respon­dents to an MU sur­vey said they were con­sid­er­ing leav­ing music alto­geth­er.
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Fair Internet coalition meets with Commissioner Gabriel

Commissioner Mariya Gabriel Press release I BRUSSELS, 9 June 2020

Exchanging with Commissioner Gabriel today, AEPO-​ARTIS, FIA, FIM and IAO shared with her what they con­sid­er the European Commission’s key pri­or­i­ties should be in order to strength­en per­form­ers’ pro­tec­tion and enable them to envis­age ful­fill­ing pro­fes­sion­al careers.

AEPO-​ARTIS, FIA, FIM and IAO wel­come that the European Commission recog­nised the impact of the COVID-​19 pan­dem­ic on the cul­tur­al and cre­ative sec­tor in its recent EU recov­ery plan. In this regard, it is absolute­ly essen­tial that the EU can pro­vide per­form­ers with appro­pri­ate short- and mid-​term sup­port, finan­cial and oth­er­wise.
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The Beijing Treaty: what consequences for musicians?

FIM delegation of Beijing Diplomatic Conference

As a result of the rat­i­fi­ca­tion, on 28 January 2020, by Indonesia of the Treaty on intel­lec­tu­al prop­er­ty rights of per­form­ers over their audio­vi­su­al per­for­mances, the Beijing Treaty, also known as the WAPT, offi­cial­ly came into force on 28 April last, that is to say, eight long years after being adopt­ed. Indonesia is the thir­ti­eth sate to have deposit­ed an instru­ment of rat­i­fi­ca­tion with WIPO.

Subject to rat­i­fi­ca­tion by the Member States, this treaty guar­an­tees per­form­ers an inalien­able and unas­sign­a­ble moral right as well as five types of exclu­sive eco­nom­ic rights grant­ed to ben­e­fi­cia­ries for their per­for­mances fixed in an audio­vi­su­al fix­a­tion: rights of repro­duc­tion, dis­tri­b­u­tion, rental, mak­ing avail­able, broad­cast­ing and com­mu­ni­ca­tion to the pub­lic.
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Daren Tang (Singapore) appointed as WIPO Director General

Daren Tang, SCCR Chair

Photo: Emmanuel Berrod | Copyright: WIPO

On May 8th, 2020, the Member States of the World Intellectual Property Organization (WIPO) appoint­ed by con­sen­sus Mr Daren Tang as the Organisation’s next Director-​General, with Mr Tang’s six-​year term begin­ning on October 1st, 2020.

He will suc­ceed Mr Francis Gurry, who has served as Director-​General since October 1st, 2008.

Mr Tang cur­rent­ly is the Chief Executive of the Intellectual Property Office of Singapore (IPOS). He has also served as Chair of the WIPO Standing Committee on Copyright and Related Rights (SCCR) for the past two and a half years.
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International Conference on Streaming | Mumbai, 2 – 3 Dec. 2019

4th International Conference on Streaming
Mumbai | 2 – 3 December 2019
Hosted by MFI
MFI logo

Click here to reg­is­ter

I. VENUE
IMC con­fer­ence cen­tre (Indian Merchants’ Chamber aka Chamber of Commerce and Industry). IMC Marg, Mumbai, Maharashtra 400020
Locate the IMC on a map
How to get to the IMC from the Trident Nariman Point

II. HOTEL & ROOM BOOKING PROCEDURES

TRIDENT NARIMAN POINT*****
Mumbai 400 021, India
Prices are valid for a stay between 30 Nov. – 6 Dec. Breakfast and WiFi includ­ed.

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Ivory Coast | SAMCI rounds off its training cycle

SAMCI workshop attendance

FIM and the Musicians’ Union of the Ivory Coast (SAMCI) organ­ised a third nation­al work­shop in Abidjan from 17 to 20 June 2019, with­in the scope of a 3‑year union train­ing cycle backed by Union to Union. Opened and closed by “diva” Aicha Koné, the work­shop was divid­ed up into three parts:
1. Internal organ­i­sa­tion;
2. Intellectual prop­er­ty rights and col­lec­tive man­age­ment;
3. Gender equal­i­ty, in part­ner­ship with LeadAfricaines, a spe­cial­ized Abidjan-​based NGO.

SAMCI has made sev­er­al changes over the past year.
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EU | The directive on copyright adopted by the Parliament

Votes count for copyright directive

Adopted on 26 March 2019, the direc­tive on copy­right in the dig­i­tal sin­gle mar­ket opens up the way for a fair remu­ner­a­tion of per­form­ers.

With its part­ners from the Fair Internet coali­tion, FIM has been work­ing relent­less­ly and con­tin­u­ous­ly for four years now to pro­mote per­form­ers’ inter­ests with mem­bers of the European Parliament, the Commission and the Council.

Our pri­or­i­ty aim was to intro­duce a remu­ner­a­tion mech­a­nism enabling all per­form­ers to receive a fair share of the rev­enue gen­er­at­ed online by the exploita­tion of their record­ings, includ­ing after the trans­fer of their exclu­sive rights.
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