All the music "ever" for 10 bucks a month or so? Versus 15 bucks in 1995 for a single CD? Secondary markets exist, but these days for memorabilia and artefacts rather than the physical mechanical media. #valuegap

RE: https://bsky.app/profile/did:plc:lr36xv2l64jwtnyoaqem6z2z/post/3md2hnxa55k2y

Universal and two other #copyright cartels swallow 70-90 % of the royalties paid by #Spotify. It's not by chance.
https://www.thebignewsletter.com/p/how-record-labels-came-back-from

But by all means, let's focus our energy and rage on the small potato schemes which might have captured a few million dollars in royalties here and there.

#music #ValueGap

Recent news about #Spotify aren't news at all; they were discussed in #copyright hearings back in 2020. If you control the #music catalogue, of course you'll play what costs you less. It's the entire reason #UMG has the valuation it has (huge catalogue of dead people). It's the stated business model of collecting societies like #Soundreef which sell ambient music. EU collecting societies knew back in 2017, and complained their catalogues were being demoted.

https://mamot.fr/@nemobis/104189296469903761
#ValueGap

#Copyright landlord #UMG lost some 10 G€ in paper value today amid some pessimism about its ability to collect more rents. It remains priced approximately 42 G€ more than its value for society.

#ValueGap

Whatever happened to article 19 of the #copyright directive 2019/790?
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32019L0790#d1e1613-92-1

Does anyone know any musician who actually receives «on a regular basis, at least once a year, [...] relevant and comprehensive information on the exploitation of their works and performances» on #YouTube, #Spotify, #AppleMusic and friends (or radio and TV, for that matter)?

#ValueGap #EUpolicy #MusicStreaming

👇🇮🇹 #copyright directive #article15
---
RT @marcoscialdone
In attesa del regolamento @AGCOMunica su art 43bis LdA, ho parlato con @formichenews del perché la formula di calcolo del c.d #valuegap inserita nella proposta non mi convince e perché il regolamento possa essere casus belli per #CGUE https://formiche.net/2022/12/agcom-direttiva-copyright-scialdone/
https://twitter.com/marcoscialdone/status/1604869084294049792

Only 0.06% had made over the U.S. median household income of $67,521. In a survey of 5,000 community members composed of smaller Twitch streamers, Stream Scheme found that 76% were not able to reach Twitch’s $100 minimum payout threshold. https://every.to/cybernaut/on-twitch-you-can-never-log-off #valuegap

The music industry (#UMG) boasts it's drowning in money thanks to #copyright and the internet. #Spotify never turned a profit.
https://www.theguardian.com/music/2021/sep/21/universal-chief-growth-digital-listening-boom-record-music-flotation-lucian-grainge

#ValueGap was a joke, #Article17 was never needed. #FixCopyright

«Spotify made just 4.42 € per user from its subscription business, and an additional 91 cents per user in advertising revenue. Facebook... $34.18 for each of its North American users».
https://www.bloomberg.com/opinion/articles/2020-05-20/spotify-signs-joe-rogan-becomes-more-like-netflix

Spotify shareholders be outraged, ask #EU law to close the #valuegap!

The problem so-called #valuegap lies here: old crooks leading the fight against innovation & technologies => #innovationgap

RT @midem@twitter.com

“The music industry is run by old men who don’t understand technology at all. History is littered with tech disasters. They even resisted LPs vs 78s! Not to mention mp3s. Tech happens regardless; if the industry can’t keep up, artists are going to suffer” - Rowntree #midem

🐦🔗: https://twitter.com/midem/status/1136641472000921601

RT @midem@twitter.com

On Jun 5 at #midem, @Music_Canada@twitter.com & #IAEL present ‘Addressing the Value Gap’ - an examination of the developing global recognition of the #ValueGap, and why policymakers should act with a sense of urgency to address it. More info: http://bit.ly/2wq7xyN (sponsored post)

🐦🔗: https://twitter.com/midem/status/1133759692679856129

RT @mmasnick@twitter.com: Compare this to how long these works are protected by copyright. If you want to talk #valuegap... https://twitter.com/eLAWnora/status/1048576748777078785

RT @reesmarc@twitter.com: Si vous demandez pourquoi le vote sur la directive droit d’auteur fait plus de bruit en France que dans tel autre État membre, l’analyse des votes par pays :

(Source https://amp.reddit.com/r/europe/comments/8wbbsy/analysis_of_the_copyright_vote_per_country/?__twitter_impression=true)
#CopyrightDirective #Article13 #Article11 #valuegap

RT @jntronc@twitter.com A l'approche du vote décisif de la directive européenne sur le droit d'auteur, près de 70 créateurs apportent leur soutien. Plus que jamais restons mobilisés et unis, pour défendre l'avenir de la création européenne! #ToV #Article13 #ValueGap #Copyright https://twitter.com/lemondefr/status/1014176506896056320

🐦🔗: https://twitter.com/jntronc/status/1014181370887921664

Dankzij streaming zijn de inkomsten van de muziekindustrie terug op pre-internet niveau, maar muzikanten zijn armer dan ooit.

De platenmaatschappijen steken al het geld in eigen zak, zonder het door te geven aan het talent.

De zogenaamde '#valueGap' gebeurt op het niveau van de uitgevers! #FixCopyright

https://boingboing.net/2018/04/24/which-side-are-you-on-3.html

The Music Business Is More Unfair Than Ever

Streaming apps revived the industry, but the record labels collect the profits.

The music business is booming, and it's doing so thanks to streaming. But the tech pioneers who made this possible in the last two years aren't making any money, and neither, really, are musicians: It's legacy businesses -- the music companies that own the catalogs -- that are collecting all the profits.

That is the real so called #ValueGap.

https://www.bloomberg.com/view/articles/2017-09-25/the-music-business-is-more-unfair-than-ever