Jul 20 2006

MySpace faces royalty challenge

  • Written by soulxtc
  • 3 Comments

MySpace should set aside some of its revenues into a pool to compensate musicians, says an industry group.

“We think they should pay,” a spokesman for British Music Rights, a group representing songwriters, publishers and performers, told us today.
Click here to find out more!

At a MusicAlly music industry seminar this week, MySpace’s European VP rejected the idea that MySpace owed anyone performance royalties.

Responding to a question from Jim Griffin, who pointed out that owners of public spaces such as pubs, hotels and stores contribute to a pool of money in exchange for a blanket license, Jamie Kantrowitz said that MySpace already gave musicians enough – in the form of web space, for example.

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Comments

  1. axlman

    Pay people? For what? Artist that decide to post themselves on Myspace? Whatever! It’s not like MySpace is forcing anyone to sign up.

  2. Signa

    i think they meant to say “i think i want more money!”

  3. Andrew110

    Do they think it’s a privilege for myspace to be hosting them? If it wasn’t for myspace they probably wouldn’t hace a website where people actually went to it. It’s just another example of how greedy the artists/industry is.

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