Lots of artists and especially DJs are livestreaming on Facebook and Instagram, but as the latter platform recently made clear, there are some licensing restrictions on what music can be played.
Canadian collecting society SOCAN has done something interesting though: a new program called ‘Encore!’ that will pay songwriters and publishers when their work is used in livestreams on Facebook and Instagram.
SOCAN is setting aside around $200k every quarter for the scheme from the licensing revenue that it collects from Facebook already.
To qualify, livestreamed performances must be at least 30 minutes long or have at least 10 songs; must have been watched by at least 100 people; and must have a setlist sent to SOCAN using its Notification of Live Music Performance system, with $150 in royalties available for each online concert. SOCAN says that it’s working on adding other livestreaming platforms, while Billboard has been asking other collecting societies about their plans to follow suit.
No comments:
Post a Comment