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How is it songwriters aren't negotiating these individually? Copyright Royalty Board sounds like a union.
by danjoc 9y ago
How is it songwriters aren't negotiating these individually? Copyright Royalty Board sounds like a union.
- wjnc 9y agoIf not kidding: the more skewed the negotiating power, the worse the outcome from an equity perspective. So individual bargaining would favor a fewd make most songwriters worse of. The buyers in the oligopsony (wiki that) will benefit the most.
- jws 9y agoThey are a panel of three judges which sets the statutory compensation rate for music played on streaming services. Their goal is to set it at a market rate of what a willing seller and a willing buyer would agree to. It is what keeps streaming stations from having to have lawyers negotiate hundreds of deals for the content they play and then still get sued when they screw up and play an unlicensed song.
- anonymousab 9y agoIf it suits your palate better, collective bargaining can also be thought of as trade group negotiations, or lobbying collectives.