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Business News Labels & Publishers
FXR and CMU put the spotlight on music royalty reporting – provide your input now
By CMU Editorial | Published on Wednesday 12 July 2023
FXR (pronounced ‘fixer’) provides artists and songwriters with a single platform to help manage their music royalties and has teamed up with CMU Insights to explore how different collecting societies around Europe report royalties to their members.
The research is part of a project co-funded by the European Union’s MusicAIRE programme and will result in a report later this year which will identify best practices in royalty reporting within the collective licensing system, and offer recommendations for artists, songwriters and their managers, as well as societies and policy-makers.
As part of the research, FXR and CMU are currently asking music creators and their managers about how they access and use the usage and royalty data offered by their collecting societies or, if you prefer, collective management organisations or performing rights organisations. That includes societies that represent the performing and mechanical rights in songs and those that operate on the recordings side.
FXR explains: “This research is to help us know more about how music creators and their teams use portals offered by CMOs and PROs, and how those portals help them to understand how the music they have created is being used, and how that usage is reported”.
“We’re interested in whether the current information provided by CMOs gives songwriters enough detail and how easy it is to find the data that is important”, it adds. “We’re also looking at how different CMOs make that data available to download as a statement, CSV or other file”.
Music creators and managers interested in sharing their insights as part of this research can do so right now in a brief online survey. Everyone who participates in the survey can also opt to enter a draw to win €250. You can fill out the survey here.
