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Charter provides architecture for ‘fairer deal in the digital marketplace’ for music publishers and songwriters

 

IMPEL Collective Management (IMPEL) and the Independent Music Publishers International Forum (IMPF) have agreed a ground-breaking Charter of Co-operation to share experiences and best practices in the digital music marketplace. Their shared goal is to drive streamlining and innovation in digital licensing, as well as increased choice, flexibility, and transparency for independent publishers and their songwriters.  

The Charter provides the architecture for an assertive and meaningful voice for independent music publishers. Combining IMPEL’s expertise in the digital market and IMPF’s lobbying and campaigning skills not only enables independent music publishers to compete with their major counterparts in the digital music ecosystem, but also amplifies the unique space that the independents are claiming within it. 

Actions under the Charter include carrying out practical research projects of common interest, the exchange of knowledge and best practise (within the boundaries of commercial confidentiality and competition law), and any other initiatives of mutual interest.

A working group of members of both organisations is shaping the agenda for this historic co-operation and are collaborating in such a way that maintains the core mission of each while deploying their own skills and resources.

To cement their vision, IMPEL and IMPF have developed a set of 10 beliefs and principles to afford independent publishers and songwriters their rightful place within the digital music ecosystem, and to be fairly and properly compensated for their unique and vital contribution to the modern music business.  These principles build progressively on IMPALA’s recent 10 Point Plan to Make Streaming Work, which is warmly welcomed by both IMPEL and IMPF.

These 10 guiding principles are: 

 

1. Music is not fungible; It is unique.

2. Independent music publishers are the creative and economic stewards of songs, and developers of songwriters in the earliest stages of their professional careers. They are indispensable to the music ecosystem and, therefore, to streaming services.

3. The value of a publisher’s repertoire should be measured by its contribution to a digital platforms’ success.

4. What publishers do is not quantifiable by market share alone; in a world of personalised playlists, recommendations and programming strategies, songs hold a higher value as the conduit to the user.

5. Value should be attributed to the way songs resonate with listeners, reduce churn and attract advertisers and brands.

6. Commercial licensing models should suit both the platform and the rightsholders.

7. Digital services should provide publishers with the information needed to achieve a fair bargain.

8. Collaboration with digital services is essential for a common and better understanding of the real and measurable value that songs bring, and to create innovative ways to elevate the song and the art of songwriting on streaming services.

9 Together, we need to focus on a vision of operational excellence. 

10. Ultimately, streaming services should be contributing more revenue to songwriters and publishers.

IMPEL and IMPF both believe that real progress will only come from concrete, energetic action from the music community. Acceptance of slow incremental growth over time is insufficient.

 

“This is a moment for the independents to really roll up our sleeves and get to work. We have a lot to offer the digital services but we believe that they have a lot more to offer us.  Engagement and proactivity are key here.” Simon Platz, Chair of IMPEL and Managing Director of Bucks Music Group

“The more likeminded organisations can work together the better we can serve our constituents. Strengthening the collaboration between IMPF and IMPEL is part of the process to bring about better remuneration for the songwriters, composers and music publishers we represent.”  Annette Barrett, President of IMPF and Managing Director & Global Strategic Liaison at Reservoir Media 

Much needs to be done to get songwriters and music publishers a better, fairer deal in the digital market. Working together we can achieve more.”  Ender Atis, IMPF Board of Directors and COO Budde Music

 “We as independents are stronger together by sharing our collective perspectives rather than operating solely for the benefit of one’s own organization.  By looking at the big picture, we can tackle larger issues that can be addressed globally by regional experts, which, in turn, may have greater results.” Mary Jo Mennella, IMPEL and IMPF Board of Directors and CEO Music Asset Management 

19 Jun 2021 | Press release

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17 Jun 2021 | Press release

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17 Jun 2021 | Press release

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17 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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16 Jun 2021 | Press release

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18 Jun 2021

  • David Guetta strikes partnership with Warner Music (see Business)

  • Def Jam: how a new British imprint of the iconic rap label poached Stormzy (see Features)

17 Jun 2021

  • Sony launches global podcast division; acquires Somethin’ Else (see Business)

  • Darcus Beese joins Warner Music (see Business)

  • Spotify launches live audio app Greenroom (see Digital)

  • Hipgnosis aims to raise £150m (see Business)

16 Jun 2021

  • Ditto Music Publishing launches (see Business)

  • BPI figures show success of UK sales and streams overseas (see Analysis)

15 Jun 2021

  • Venues and clubs face further challenges as easing of Covid restrictions postponed (see News) 

  • Vivendi shareholders could disrupt Bill Ackman's investment in Universal (see Business)

30 Nov 1999

    14 Jun 2021

    • Sony Music to waive unrecouped debts for pre-2000 acts (see Business)

    • Government expected to announce ongoing restrictions; impact on live industry anticipated (see News)

    • IMPALA calls for reciprocal treatment, domestic US performance rights and warns of €125m transfer away from Europe (see News)

    11 Jun 2021

    • Elton John warns MPs "a generation of talent" could be lost due to post-Brexit touring issues (see News)

    • Roblox insists that it does not tolerate copyright infringement (see Digital)

    • Crispin Hunt on why streaming payments must be in line with radio royalties (see Opinion)

    10 Jun 2021

    • Roblox hit with $200m+ lawsuit from NMPA alleging unauthorised song use (see News)

    09 Jun 2021

    • [PIAS] and Universal Music Group announce global alliance (see Business)

    • The relationship between an artist's Spotify followers and their monthly listeners explored (see Analysis)

    08 Jun 2021

    • Apple Music launches spatial audio and lossless audio playback, plus SharePlay (see Digital)

    • European songwriters criticise the slow pace of Copyright Directive adoption (see News)