Bjorn Ulvaeus Calls For Reforms Of Pricing For Songwriters

Renowned artist Bjorn Ulvaeus behind disco pop group ABBA with megahits like “Dancing Queen” and “Mamma Mia” co-wrote a report entitled “Rebalancing The Song Economy,” which urges revamping pricing structures to ensure fairness for writers behind the music.

Ulvaeus, 75, became president of the International Confederation of Societies of Authors and Composers (CISAC) — a Paris-headquartered rights network representing some four million creators and publishers across the arts — last year.

Pre-pandemic, performing artists could count on income sources like concerts and merchandise, but “most professional songwriters are just that” — songwriters, he said.

Now everyone is relying on streaming, which accounts for 83 percent of US music industry revenue, according to the Recording Industry Association of America.

But many artists have long said they aren’t reaping the benefits.

Streaming giants pool subscription money and divvy it up based on aggregate play counts to rights-holders or management organizations, who distribute it according to their agreements.

Artists have long disparaged that dominant model, holding it favors the globe’s biggest stars at the expense of music’s middle class.

Ulvaeus said, Apple recently disclosed it pays, on average, a penny per stream, approximately double what Spotify — which has far more users and thus more streams — pays rights-holders.

The breakdowns of which players — labels, distributors, streaming services, and the owners of performance and publishing copyrights — receive what fraction of revenues depends on specific record deals that are rarely public. But songwriters, especially if they are not also performers, generally receive the smallest pieces.


Discover more from LN247

Subscribe to get the latest posts sent to your email.

Advertisement

Most Popular This Week

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More from Author

Advertisement

Read Now

5 Blockbuster Movies Produced by David Lynch

David Lynch, a movie and television director who radicalized American film with a dark, surrealistic artistic vision in films died on Thursday, 16th January 2025, at the age of 78. The visionary producer passed away following last year’s reveal of his emphysema diagnosis. Lynch who moved to Los Angeles, where he studied...

Netflix Fined €4.75 Million for Personal Data Handling

Netflix has been fined €4.75 million ($4.98 million) by Dutch authorities for mishandling subscriber personal data, citing issues with clarity and completeness in the company's privacy practices. The Dutch Data Protection Authority (AP) found that between 2018 and 2020, Netflix failed to adequately inform users about how...

Full List: Jagun Jagun Dominates 2024 BON Awards

Femi Adebayo's acclaimed Netflix Original Yoruba film Jagun Jagun emerged as the biggest winner at the 2024 Best of Nollywood (BON) Awards, securing six prestigious awards. The film took home accolades including Best Indigenous Film, Best Actor, Best Production Design, Best Special Effect, Best Costume, and Director...

Discover more from LN247

Subscribe now to keep reading and get access to the full archive.

Continue reading