We’re still trying to avoid the term ‘post-pandemic’ as Covid-19 is far from eradicated. But we can talk about a bounceback.
Tag: STIM
Posted inNews
STIM collections rose by 13% in 2021, fuelled by streaming
STIM outlined some of the developments that helped its collections bounce back from the initial hit of Covid-19 in 2020.
Posted inNews
Swedish collecting society STIM’s revenues grew 15% in 2019
STIM is the main collecting society in Sweden, and like many of its counterparts around the world, it enjoyed healthy growth in its royalty collections last year. According to its […]
Posted inNews
Today’s positive coronavirus-related industry stories (14 April)
Start today with the news that the Australian government has provided $10m of funding to music industry charity Support Act, which will be used to provide crisis relief to artists, crew […]
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TikTok issues statement on its UK Copyright Tribunal music-licensing referral
Yesterday, Music Ally broke the news that social app TikTok has referred three collecting societies – PRS for Music, STIM and GEMA – and their joint-venture licensing hub ICE to the UK’s Copyright Tribunal, in a dispute over music-licensing terms.
ICE issued a statement yesterday on the case, but this morning TikTok has also sent Music Ally an official statement on the referral.
“TikTok is an exciting way for songs and emerging artists to gain exposure and break through with a wide and varied audience. As a platform for unique and original creative content, we place high value and respect upon intellectual property rights, and we work closely with music rights holders to protect a library of sound on the platform which is available for users to infuse in their own short videos,” said its spokesperson.
Posted inNews
TikTok takes on collecting societies at UK Copyright Tribunal
Social app TikTok is set for a battle with three European collecting societies and their joint venture, via the medium of the UK’s Copyright Tribunal.
That’s the body that resolves copyright-related commercial-licensing disputes in the UK. Copyright Tribunal Ref 132/19 will be of intense interest to the music industry, then.
“Notice is hereby given of a reference to the Copyright Tribunal under section 125 of the Copyright Designs and Patents Act 1988 by TikTok Inc (Applicant) of 10100 Venice Boulevard, Culver City, California 90232, USA,” it explains, adding that “a dispute has arisen concerning the terms of a licence” between TikTok and collecting societies PRS for Music, STIM and GEMA, as well as ICE, their joint-venture licensing hub.
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Ice says it has paid out €340m as it signs latest deal
Ice is the pan-European licensing hub set up by collecting societies PRS for Music, Stim and Gema, which claims a database of more than 32m songs, and representation for more than 290,000 rightsholders.
The body announced its latest licensing deal yesterday, with audio-streaming service Mixcloud, using a new ‘Core’ licence covering the three societies’ repertoire.
“The service offers a fantastic opportunity for the songwriters and publishers we represent to have their works feature in a diverse range of content and be properly paid for it,” said Ice’s head of licensing Tim Rawlinson.
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MelodyVR signs European collecting-society deals
British virtual-reality startup MelodyVR has announced its latest set of deals this morning: with various European collecting societies.
The agreements, covering use of songwriter copyrights in MelodyVR’s upcoming service, are (so it claims) the first such deals to license a VR service. They cover rights in Germany, the UK, Ireland, Sweden, Greece, Belgium, the Netherlands and Switzerland.
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STIM Spotify royalty payouts delayed after ‘unmatched tracks’ dispute
The relationship of Spotify and Swedish collecting society STIM has encountered a bump in the road, relating to the terms of their royalties agreement.
“We have informed our rightsholders that the royalties from Spotify will be delayed, since Spotify has not yet payed the invoice regarding Q4 2016,” STIM’s spokesperson told Music Ally.
“We have invoiced according to the same routines as during the whole of 2016, but Spotify now makes a new interpretation of the terms of our current agreement. STIM’s position is that already agreed principles and business standards shall apply.”
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ICE is nice for PRS, STIM and GEMA licensing hub
European collecting societies PRS for Music, STIM and GEMA have confirmed that the brand for their joint licensing and processing hub will be ICE, matching that of their copyright database.
PRS is playing a big role in the development of the new hub too: executive Ben McEwen is transferring across to ICE Licensing as its commercial director, while Neil Jones is becoming the services director for ICE Services – both join PRS for Music chief executive Robert Ashcroft, who had already been appointed as CEO of ICE Licensing and ICE Services.
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PRS for Music, STIM and GEMA cleared to launch licensing hub
Three of the key collecting societies in Europe have been cleared to continue their plans to create a pan-European licensing and processing hub, following an investigation by the European Commission. […]
Posted inAnalysis, News
STIM responds to Swedish songwriters: defends Spotify and streaming payouts
Earlier this month, a group of 133 Swedish songwriters signed an open letter published in Aftonbladet protesting at the payouts (and lack of transparency surrounding those payouts) from streaming music services.
It included criticism of Swedish collecting society STIM for striking what the songwriters suspected were unflattering deals with Spotify ahead of its launch in 2008. Now STIM has responded with its own open letter titled ‘The value of streaming music services’.
“STIM welcomes a discussion of music’s value and compensation to those who create the music. It is a pertinent question. We agree that transparency is an absolute requirement in order to assess whether songwriters get paid enough, and STIM works continuously for more transparency,” it claims. “For a collective management organisation, which STIM is, openness towards our associates is the only way to preserve our legitimacy.”