Music Ally Focus Equitable Remuneration: will it really boost artist streaming payments – or leave them worse off? Economist Will Page and legal expert Dr Hayleigh Bosher explain.
Music Ally Focus Ep. #80: In this episode, we’re going to talk about Equitable Remuneration (ER) and how it works out in practice, IRL, with two people who truly understand the economics and legality of it. What is ER? In the UK and some other countries, it’s the practice of dividing certain radio play royalties 50-50 between artist and label - and in the UK’s long-running parliamentary inquiry into music streaming economics, ER became a widely-requested solution to many artists’ claims that they were not being paid enough.
So, we’ve got two people who really know their stuff to talk about whether applying ER to music streaming is a good idea. Spoiler: it might actually leave artists worse off. Dr Hayleigh Bosher, Senior Lecturer in Intellectual Property Law and Associate Dean at Brunel University London, and Will Page, former Chief Economist at Spotify and PRS for Music. They explore from a legal and economic perspective which are of the three real-world ER options available the most likely to happen – and reveal that ER might actually leave artists worse off. So… what does the future hold for artist royalties in an environment where many artists still want to be paid differently? And will streaming platforms be able to increase monthly subscription costs in the middle of economic hardship? Hayleigh and Will look ahead and try to navigate the likely path forward.
Dr Hayleigh Bosher: https://www.brunel.ac.uk/people/hayleigh-bosher
Will Page: https://tarzaneconomics.com
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