WIN has been heading the battle against YouTube’s streaming service contract for indie labels. Most recently, The British Academy of Songwriters voiced their support, speaking out against YouTube. The Fair Digital Deals Declaration is the next logical step.
Indie labels that sign the declaration are pledging to treat their artists fairly in regard to digital agreements with third parties.
These are the declaration’s five key points:
We will ensure that artists’ share of download and streaming revenues is clearly explained in recording agreements and royalty statements in reasonable summary form.
We will 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.
We will encourage better standards of information from digital services on the usage and monetisation of music.
We will support artists who choose to oppose, including publicly, unauthorized uses of their music.
We will support the collective position of the global independent record company sector as outlined in the Global Independent Manifesto.
Over 750 independent labels from more than 21 countries have already signed the declaration, and more due to sign on July 16th."