“The big print giveth and the small print taketh away. ”
– Tom Waits
LABELS’ FAIR DIGITAL DEALS DECLARATION
We make the following declaration in connection with the distribution of recordings in digital services.
We will:
- Ensure that artists’ share of download and streaming revenues is clearly explained in recording agreements and royalty statements in reasonable summary form.
- 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.
- Encourage better standards of information from digital services on the usage and monetisation of music.
- Support artists who choose to oppose, including publicly, unauthorized uses of their music.
- Support the collective position of the global independent record company sector as outlined in the Global Independent Standard below.
We wholly disapprove of certain practices which leave artists under-recompensed and under-informed in the digital marketplace and will work together with the artist community to counter these practices.
Signed on behalf of [Label]
[Print name]
[Date]
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