Indie labels team up to curate 'Fair Digital Deals Declaration'

After labels like Domino and XL expressed their anger at YouTube earlier this year over how the video streaming site paid its royalties to their artists, a huge number of independent labels have now come together to support a new declaration that is aimed at creating transparency over what musicians actually get paid.

After it emerged that indie labels were getting the raw end of the deal in terms of royalty payments, the 'Fair Digital Deals Declaration', overseen by the Worldwide Independent Network, “exists to support the independent music community through interaction with representative trade organisations and groups” to ensure that all artists, regardless of their labels, are paid equally.

4AD, Warp, XL, Domino, Ninja Tune, Mute, Brainfeeder, Sub Pop, Drag City, Merge, Jagjaguwar, Smalltown Supersound, Rough Trade, Moshi Moshi and many more are just some of the hundreds of labels already showing their support for the charter, which so far includes the following terms:

1. Ensure that artists’ share of download and streaming revenues is clearly explained in recording agreements and royalty statements in reasonable summary form.

2. Account to artists a good-faith pro-rata share of any revenues and other compensation from digital services that stem from the monetization of recordings but are not attributed to specific recordings or performances.

3. Encourage better standards of information from digital services on the usage and monetization of music.

4. Support artists who choose to oppose, including publicly, unauthorized uses of their music.

5. Support the collective position of the global independent record company sector.

The Worldwide Independent Network has also drawn up a ‘Global Independent Manifesto’, which highlights the inequality between major and independent labels when it comes to royalty shares, and states that payments “should be valued and remunerated at the same level as a major company copyright.”

For more information on this, visit the official WIN website here.

[Via FACT]

More News

Royal Blood top UK album charts

Brighton two-piece Royal Blood have topped the UK album charts this week with their self-titled debut album, making it the fastest selling rock... 6 years 8 months ago

Aphex Twin sets up 'SYRO' listening parties

Ahead of the release of his first album in 13 years next month, producer Aphex Twin has announced a series of listening parties to take place... 6 years 8 months ago

US albums sales hit all time low

The United States has seen its biggest drop in album sales since records began this week. Nielson SoundScan, which tracks sales data, reported... 6 years 8 months ago

Martin Scorsese signs up to Ramones biopic

The Departed and Wolf Of Wall Street director Martin Scorsese has reportedly signed up to direct a forthcoming Ramones biopic, according to the band'... 6 years 8 months ago

Weezer tease Best Coast collaboration 'Go Away'

With Weezer due to release their ninth studio album later this year, the band have previewed another track from the record, this time featuring a... 6 years 8 months ago

Skream unveils new track 'Let It Go'

It's been no secret that producer Skream has been broadening his musical horizons over the last few years. The former dubstep pioneer became a disco-... 6 years 8 months ago

Action Bronson and Hudson Mohawke collaborate on new track

After a recent live set from Hudson Mohawke for the Boiler Room earlier this week, we found out that the Scottish producer has been working with... 6 years 8 months ago

Stevie Nicks unveils new song 'Lady

Ahead of the release of her forthcoming double album '24 Karat Gold: Songs From The Vault' later this year, Stevie Nicks has unveiled another slice... 6 years 8 months ago

Bob Dylan announces 138-track Basement Tapes collection

Who would have released that Bob Dylan could write so much material for one album? But that's exactly what he did for his 1975 album 'The Basement... 6 years 8 months ago