Fairness Rocks News HAVING TURNED OVER $27M IN 2018, EPIDEMIC SOUND IS ROASTED BY SONGWRITER GROUP FOR BUY-OUT DEALS


Fairness Rocks News HAVING TURNED OVER $27M IN 2018, EPIDEMIC SOUND IS ROASTED BY SONGWRITER GROUP FOR BUY-OUT DEALS

Home Industry News HAVING TURNED OVER $27M IN 2018, EPIDEMIC SOUND IS ROASTED BY SONGWRITER GROUP FOR BUY-OUT DEALS

Author: TIM INGHAM

Date: December 18, 2019

Original Source: Music Business Worldwide

Industry News

HAVING TURNED OVER $27M IN 2018, EPIDEMIC SOUND IS ROASTED BY SONGWRITER GROUP FOR BUY-OUT DEALS

Epidemic Sound is a name that will be well-known to MBW readers: the Swedish production music company is behind many of the ‘fake artists’ on Spotify whose presence tends to agitate record labels.

 

Those ‘fake artists’ are, of course, actually composers signed to Epidemic Sound, whose work is uploaded to Spotify under pseudonymous monikers. Nothing wrong with that, and Epidemic has previously explained that these clients get handed a 50/50 split of royalty payouts from Spotify (and other streaming services) when their tracks are played on the platform.

 

Read more: https://www.musicbusinessworldwide.com/having-turned-over-27m-in-2018-epidemic-sound-is-roasted-by-songwriter-group-for-its-buy-out-deals/