At a Los Angeles panel, hit writers for Katy Perry and Beyoncé ask the question on the minds of many songwriters who can't pay rent even if they co-write a hit: Is it time to strike?
The songwriters called for a few provisions they feel the industry needs to take to improve the system. Songwriters should be paid a session fee for their work separate from what they make if a song is released, they said. They also said food and travel expenses should be covered.
in May that the industry needs significant upheaval for songwriters, announced last month that his record label Facet Records would start giving three master points to songwriters on Facet songs. It’s still not clear where any such changes would primarily come from; the streaming services contend they give a majority of revenue to the rights holders, while the labels say the streamers are pitting creatives against one another or that the artists are responsible for splits on tracks. Many artists, meanwhile, say a majority of their earnings belong to the label.
“There is money being made, the lion’s share of it is going who knows where, to the labels and to Spotify. It doesn’t cost a lot of money to make music anymore. People make music in their bedrooms and blow up on TikTok,” McKee said. “They already have 5 million followers, so labels don’t give them a marketing budget. ‘We’ll sign you and you do all the fucking work. There is no development. There’s a lot of money that’s not getting spent anymore at labels that they’re keeping.
“Where we go from here is where we are right now. All of us are together. We’re all in one space, and we’re talking,” Red said. “This isn’t going to change overnight but it requires your participation, your will. We’re still in the beginning. We have allies, but we don’t have a lot of allies in songwriters getting paid from artists and record labels yet because we haven’t as a collective body given these people a reason to move. We aren’t angry enough.
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