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Business News Labels & Publishers
Merlin reduces admin fees for second year running
By Andy Malt | Published on Tuesday 29 July 2014
Indie label digital rights rep Merlin has announced it is lowering its administration fees on commercial deals by 17% this year, following a 50% reduction last year.
The non-profit organisation will now charge a 2.5% rate, or 3.25% for members not affiliated to local trade bodies. Fees for obtaining settlements and recoveries from infringing services will remain the same.
Merlin CEO Charles Caldas said: “It is very satisfying to be able to announce another reduction in these fees after the 50% reduction we made in 2013, and we trust that this further underlines our commitment to continuing to deliver the maximum possible value to our members via our activities”.
