MusicDish e-Journal - November 20, 2017
MusicDish Advertising Network
» HOME » INSIDER SCOOP » CAREER TIPS » MUSIC SPOTLIGHT » MUSICDISH*CHINA
» INDUSTRY INTERVIEWS » NEWS BEAT » DIGITAL SKOOL » OPEN REVIEW » MUSICDISH EDELWEISS
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

Agreement Is Reached On Historic Bill
Sets Out Recording Artists' Right To Audit Record Labels
By Mi2N
(more articles from this author)
2004-06-11
Comment | Email | Print | RSS

MusicDish Network Sponsor
Over the past week the American Federation of Television and Radio Artists (AFTRA), the Recording Industry Association of America (RIAA) and members of the California Legislature, including the bill's author Senator Kevin Murray, have been engaged in intense negotiations to hammer out a compromise version of SB 1034, the "Recording Industry Accounting Practices Act." The amended compromise bill that has emerged would provide recording artists under royalty contracts the statutory right to confirm, through audits, proper payment for their work, and conduct such audits - or have such audits conducted by their chosen representatives - individually or in groups. The bill would also codify the ability to hire auditors on a contingency fee basis, which, combined with the ability to audit in groups, should increase the probability that artists will actually pursue audits.

The bill will now return to the Assembly Arts, Entertainment, Sports, Tourism and Internet Media Committee for a vote on June 15 and then will be heard by the Assembly Judiciary Committee before going to the full Assembly for a vote. The Senate passed an earlier version of the bill last year.

"This legislation represents a necessary and fundamental first step in addressing the long-standing conflict between record companies and recording artists regarding accounting practices. Assuming passage, AFTRA intends to build on this initial success by implementing systems to assist artists in accessing this new statutory right and finding and claiming every penny that is due them. We will be monitoring this area carefully to ensure that the core intent of this bill is fully realized," stated AFTRA National President John Connolly.

AFTRA National Executive Director Greg Hessinger added, "Legislation is an inexact art and compromise is inevitable, but this represents a tremendous advance. By accepting a legislative remedy, the industry has acknowledged the deficiencies in the status quo and taken a step toward greater accuracy and clarity in royalty accounting practices. We will continue to work with managers, accountants, and other ally groups to enforce recording artists' rights created by this statute, as well as to seek even more far-reaching reform."

On Tuesday, Connolly along with other artists and prominent industry figures, including former head of Columbia/Sony Records, Walter Yetnikoff, testified before the California Assembly Arts, Entertainment, Sports, Tourism and Internet Media Committee in support of legislative relief.


Home » News Beat » Agreement Is Reached On Historic Bill
Permalink:http://www.musicdish.com/mag/?id=9545
Email |Print |Comment |RSS

back | top


MusicDish Advertising Network

News Beat

» Women Make An Impact On The 2018 MPG Awards Shortlist

» Two-Sides of Copyright Finance: Sound Royalties & Kobalt

» Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes

» Europe's Digital Music Leaders Form Alliance

» Deezer Becomes Miami Dolphins' Official Music Partner

News Beat Directory



» [2017-11-13] Women Make An Impact On The 2018 MPG Awards Shortlist; Nearly A Quarter Of Those Named This Year Are Female, Proving That Music Production Is No Longer A Bastion For The Boys

» [2017-11-13] The Nashville Musicians Sound Healthcare Plan Rolls Out; Sound Healthcare & Financial Announced The Formation Of A True Group Health Insurance Policy Plan For Musicians And Industry Professionals

» [2017-11-09] Streaming & Listening Diversity - Spotify Case Study; Will Artists Have An Easier Time Finding An Audience, Or Will Streaming Focus Global Attention On A Small Number Of Stars?

» [2017-11-09] Two-Sides Of Copyright Finance: Sound Royalties & Kobalt; Sound Royalties Unearths Millions In Undistributed Royalties While Kobalt Launches Fund To Invest In Music Copyright

» [2017-11-08] Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes; ROLI Chief Creative Officer, Live Nation Sweden Managing Directors, Music Glue Global Head Of Business Development, BBR Music Group VP Of International, Warner/Chappell Music Spain Managing Director And Blue Night Director Of Music Clearance

» [2017-11-08] Europe's Digital Music Leaders Form Alliance; European Digital Music Companies Launch Of Digital Music Europe

» [2017-11-05] Pandora Subscriber Base Grows To Over 5 Million; Pandora Premium Paid Subscribers Cross The 1 Million Milestone In October 2017

» [2017-11-05] Hybrid Studios Announces Online Mastering Services; Engineers Billy Klein And Brian Frederick Spearhead New Online Mastering Effort Through OC Studio

» [2017-11-05] Music Industry Betting On VR & AR For New Revenue; The Music Industry Is Making An Early Bet On VR & AR To Create New Revenue Streams Across All Their Lines Of Business

» [2017-11-04] Sound Royalties Unearths Millions In Undistributed Royalties; Nearly $14 Million In Undistributed Royalties Has Been Found By Music-focused Finance Firm Sound Royalties

» [2017-11-02] MusicDish*China October China Label Music Releases And Charts; Several Tracks From October Releases Have Charted On Chinese Music Portal Kanjian ING Top 10 Weekly Chart

» [2017-11-01] Deezer Becomes Miami Dolphins' Official Music Partner; Deezer's Flirtation With The Sports World Appears To Have Just Begun
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

LOVE MY COUNTRY! Is The Ultimate Compilation Series Featuring 20 Hot New Hits

Getting Restless

Your Favorite Color Releases "Heartache"

Melvin Alan Album "Wonderful Life"

Jean Louisa Kelly Presents A Personal Collection Of Songs From The American Standards And Musical Theater

halie and the moon Signs Distribution Deal For Asia With JVC Kenwood Victor Entertainment

Deadline Looms - The 14th Annual Acoustic Music Awards



Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2017 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships