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White Sky Royalties Update - Issue #11

News and views from the money side of music. (And Happy New Year!)
White Sky Royalties Update
White Sky Royalties Update - Issue #11
By White Sky • Issue #11 • View online
News and views from the money side of music. (And Happy New Year!)

User-centric streaming payouts: Not a new idea, but still no sign of adoption.
Streaming payouts, huh? The recurring topic on everyone’s lips … always. The headline issue is generally “We only make $0.00xx per stream!” Yes, that’s a small number but there’s no use comparing $-per-transaction any more. There are plenty of articles on all sides of the debate on the value of music and the pittance received by artists for each individual stream so I won’t go into that here.
What I want to revisit is the more basic idea of how the revenue is split. Not necessarily how much a stream is worth, (though it feeds into that), but the basic premise of how subscription money is handled. Basically: the way it is now vs. the user-centric model.
To give you an idea of how long these ideas have been kicking around, here are two articles from 2015 speaking on the subject. One from renowned industry data analytics firm MIDIA Research, and one from head Vulfmon, Jack Stratton, of Vulfpeck/Sleepify fame.
Still relevant today, but there’s no serious talk on even addressing the issue, let alone changing the status quo. At this stage I wonder if that change will ever happen … Major labels are making money again and Spotify has shareholders to answer to now. We’ll see.
In the news:
Article 13 in disarray as European Copyright Directive stalls
Commentary on the SiriusXM/Pandora situation.
On the radar:
  • PPCA cheques should be in: If you haven’t received your PPCA cheque for the 17/18 FY, you should have. Get in touch with PPCA if you’ve changed address or hit us up if you’re not sure what this is about.
  • SoundExchange cheques should be in: You should also have received some quarterly accounting from SoundExchange at the end of December.
  • Spotify Publishing settlement: STILL hasn’t been finalised! I think this was one of our first topics 12 months ago … Don’t take it off your list yet.
White Sky Service Spotlight:
Royalty Health Check: A complete overview of your current royalty income setup and “general well-being”. A super simple report that includes.
  • An easy to follow Royalty Flow Diagram, showing how your income should be flowing to you.
  • Key contract points and advice on potential pitfalls.
  • Key royalty statement and income receipt dates relevant to you.
  • Assessment of your current royalty income set-up and potential issues.
  • Health improvement recommendations.
Find out more about our Royalty Health Check service, right here.
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