Join date: May 15, 2022






In the last year, the RIAA members have increased their pace of legal action, filing more than 1,500 lawsuits, according to a new study by the Center for Copyright Information (CCI). CCI said the members of the music industry trade group are on pace to spend more than the $1 billion in lost earnings the group forecast in its most recent report. In the last three years, the record labels have tallied more than $1 billion in lost royalties for songs licensed to the sound track of movies and TV shows. And now, the RIAA members have added streaming to their list of revenue streams. According to CCI, the RIAA members currently estimate that they are losing about $200 million annually to streaming revenue that they are owed under their contracts. On a larger scale, the RIAA has a longstanding list of concerns about streaming. One of their most prevalent problems is the lack of support for a universal rights administration. They want to protect artists and composers from the difficulties of dealing with various competing labels, and they want to protect artists from "service providers" who don't fairly compensate them. The RIAA hasn't come up with a system to deal with this issue yet, but they are working on it. According to CCI's report, the RIAA's legal team is already working on plans to use the courts to force internet service providers to do more to support artists' and composers' copyrights. In addition to their request for a copyright code of conduct to handle streaming, the RIAA is reportedly also pushing for an internet tax that would target major streaming sites like Spotify and Google Play Music. While these efforts are happening behind the scenes, artists are becoming more aware of the issue. "We've seen more and more artists and songwriters speaking out about how important it is that they are fairly compensated for their content. That's a big issue for the RIAA, and it should be a big issue for every artist," CCI Executive Director Jennifer Pariser told CNBC. The problem is that the RIAA is losing their largest battles, and it's in their interest to keep it that way. Streaming Services Have More Power Over the Industry Than Ever Before Not only has the RIAA changed their tactics by filing legal actions in order to protect their members' intellectual property, they have also shifted their priorities from the old system of negotiating for a higher royalty rate. "The big issue facing the RIAA is the disconnect between them and






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