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

Fred again... announces debut album 'Actual Life - (April 14 - December 17 2020)'

After spending the last year releasing a flurry of fresh and enticing offerings, producer Fred again... has now announced his plans for his debut... 1 month 1 week ago

The Joy Formidable return with new single 'Into The Blue'

After returning in 2019 to release the tenth anniversary edition of their breakthrough debut album 'A Balloon Called Moaning', The Joy Formidable... 1 month 1 week ago

BROCKHAMPTON announce new album 'ROADRUNNER: NEW LIGHT, NEW MACHINE'

Having recently returned to deliver their Danny Brown collaboration 'BUZZCUT' earlier this month, BROCKHAMPTON have now announced their plans for a... 1 month 1 week ago

Kele Okereke announces new solo album 'The Waves Pt. 1'

After returning earlier this month to share his instrumental offering 'The Heart Of The Wave', Kele Okereke has now announced his plans for a new... 1 month 1 week ago

Anna Of The North returns with the new single 'Here's To Another'

Following on from the release of her much-loved EP 'Believe' last year, Anna Of The North has now returned with a brand new single. The new track... 1 month 1 week ago

Shamir shares cover of Sharon Van Etten's 'Dsharpg'

With the eagerly-awaited tenth anniversary edition of her breakthrough album 'epic' arriving next month, Sharon Van Etten has now unveiled the next... 1 month 1 week ago

Bloxx return with new single 'Everything I've Ever Learned'

Following on from the release of their highly-praised debut album 'Lie Out Loud' last year, Bloxx have now returned with a brand new single. The... 1 month 1 week ago

Beabadoobee returns with new single 'Last Day On Earth'

Following on from the huge response behind her stunning debut album 'Fake It Flowers' near the end of last year, Beabadoobee has now returned to... 1 month 2 weeks ago

black midi announce new album 'Cavalcade'

Following on from the release of their highly-praised debut album 'Schlagenheim' in 2019, black midi have now announced their plans for a new LP,... 1 month 2 weeks ago