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

FINNEAS announces debut album 'Optimist'

After spending the last few months dropping an array of enticing singles, FINNEAS has now announced his plans for his debut studio album, arriving... 1 hour 26 min ago

Holly Humberstone announces new EP 'The Walls Are Way Too Thin'

After returning earlier this year with her brilliant comeback singles 'The Walls Are Way Too Thin' and 'Haunted House', Holly Humberstone has now... 6 hours 30 min ago

Purity Ring return with new single 'soshy'

Following the enormous praise they received for their stunning 2020 album 'WOMB', Purity Ring have now returned to share a brand new single. The... 8 hours 33 min ago

Jordan Rakei unveils new single 'Send My Love'

With his eagerly-awaited new album arriving next month, Jordan Rakei has now unveiled the next cut to be lifted from his forthcoming full-length.... 1 day 39 min ago

Unknown Mortal Orchestra share new single 'That Life'

After returning last month to deliver their brilliant comeback single 'Weekend Run', Unknown Mortal Orchestra are back once again to deliver their... 1 day 6 hours ago

Hand Habits announce new album 'Fun House'

Following up the release of their much-loved 2019 LP 'placeholder', Hand Habits are back to announce the details behind their next studio album,... 1 day 8 hours ago

Hayden Thorpe shares new single 'Parallel Kingdom'

With his highly-anticipated new album set to land in the coming months, Hayden Thorpe has now dropped the next cut to be lifted from his forthcoming... 2 days 37 min ago

Public Service Broadcasting deliver new single 'Blue Heaven'

With their highly-anticipated new album landing later next month, Public Service Broadcasting have now returned to deliver the next cut to be lifted... 2 days 6 hours ago

IDER share new track 'cbb to b sad'

With their highly-anticipated new album now just days away, IDER have dropped the final cut to be lifted from their forthcoming full-length. The... 3 days 1 hour ago