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Creative Industries

User-centric model would not lead to significant changes in the distribution of music streaming royalties

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By Emmanuel LegrandA new study into the impact of a music streaming User-Centric Payment System (UCPS) to remunerate rights holders concluded that a switch to the UCPS model rather than the current pro rata model, or Market Centric Payment System (MCPS), would not fundamentally result in massive shifts in revenues but could have some benefits for under-represented music genres in the current system. With MCPS, all streams are put in a pool and then royalties are distributed to rights holders b...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

Calendar — Week 21, 2024

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MAY 2024

- May 28

Board of Directors of the International Confederation of Societies of Authors and Composers (CISAC) in Seoul, South Korea.

- May 30

General Assembly of the International Confederation of Societies of Authors and Composers (CISAC) in Seoul, South Korea.

JUNE 2024

– June 2-8

Canadian Music Week conference (June 3-5) and festival (June 2-8) at the The Westin Harbour Castle in Toronto, Ontario.

– June 10-13

Indie Week in New York, organis...

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Copyright & Regulation

EU adopts the Artificial Intelligence Act

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The Council of Europe has approved the AI Act, a legislation aimed at harmonising rules on artificial intelligence in the Union. All 27 EU members have approved on May 21 the compromised text presented by the Belgian Presidency. A minimum of 15 countries representing 65% of the EU's population was necessary to get the text through.

The legislation — which sets a precedent in the world — relies on a "risk-based" approach. The Council said the Act "can set a global standard for AI regulation."...

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Collective Management Organisations

Licensing hub ICE reaches €1 billion in distributions over a period of 12 months

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ICE — the digital licensing platform co-owned by the UK's PRS for Music, Germany's GEMA and Sweden's STIM — has disclosed that for the first time it has distributed more than €1 billion to rights holders in a consecutive 12-month period (May 2023-April 2024 inclusive). ICE has now delivered a cumulative amount of €4.5bn to its members and clients since its first royalty distributions in 2016.

"It took just under 3½ years to reach the first €1bn in distributions, just over two more years to...

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