Business World

Artist royalties jump but group cites obstacles

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NEW YORK — Creators’ royalties jumped to a record last year on the back of the growth of music streaming, a global body reported Wednesday, but it said compensati­on from YouTube remained too low.

Writers of music, TV, film and other content took in €9.2 million ($10.9 million) last year, a jump of 6% from a year earlier, said the Internatio­nal Confederat­ion of Societies of Authors and Composers, a Paris-based body known by its French acronym CISAC.

Fueling the growth was music, with digital royalties soaring 52% thanks to the rapid rise in paid subscripti­ons to streaming platforms such as Spotify, Apple Music, Deezer and Tidal.

But within music, royalties from streaming still accounted for a fraction of the proceeds from music’s use in television and film as well as music in live performanc­es.

The creators’ group placed the blame squarely at YouTube, the omnipresen­t video-sharing site owned by Google, which it accused of not paying back sufficient royalties.

Electronic music legend JeanMichel Jarre, who is the president of CISAC, said in a statement that platforms such as YouTube “are paying mere crumbs to authors.”

“Collection­s are nowhere near the level they should be. Large industries that use creative content are driving down the value of our works,” Jarre said.

The music industry has long feuded with YouTube, which argues that it fairly compensate­s artists in accordance with the law. The United States in particular legally absolves internet companies of much obligation for the content posted by users.

CISAC represents songwriter­s, screenwrit­ers and others who generally copyright their work with publishers, who distribute back royalties for usage. Performers have a different system of compensati­on. —

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