SONO Music Updates: Artists Rally Behind Groundbreaking Living Wage for Musicians Act

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Revolutionizing Artist Compensation: The Living Wage for Musicians Act Returns

In a bold move to reshape the economics of the music industry, the Living Wage for Musicians Act is set to make its comeback to the US Congress on September 29. Spearheaded by US politician Rashida Tlaib and championed by the United Musicians and Allied Workers (UMAW) union, the bill promises to pay artists a fair share per stream—a minimum of a penny—thereby challenging the current streaming royalty dynamics. By levying a 50% fee on Digital Service Providers (DSPs), the Act aims to create an ‘Artist Compensation Royalty Fund’ that directly benefits performers, bypassing traditional rightsholders. This revolutionary proposal comes on the heels of the New York City Council’s backing in May, signalling a growing momentum for artist rights and fair compensation. UMAW is rallying artists and fans to advocate for congressional support, highlighting the urgency of this initiative in the lead-up to its reintroduction. Originally introduced by Tlaib and Jamaal Bowman in March 2024, the bill faced hurdles, not passing before that year’s elections.

The concept of a penny per stream may ruffle feathers among streaming giants and major labels alike, both accustomed to a more corporate-centric revenue model. Streaming services, in particular, could see significant economic implications, facing a potential $6 increase on an $11.99 premium subscription if the Act passes. While skepticism from major rightsholders is anticipated, especially given international resistance to direct artist royalties, the Act presents an opportunity to redefine how music subscriptions should truly value musicians. UMAW’s vision extends beyond financial aspects, striving to ignite a broader dialogue around equitable pay for creators—a cause that resonates deeply within the indie music community. As the bill re-emerges on the congressional stage, anticipation builds around whether this could catalyze meaningful change or spark heated debates across the music world. Whatever the outcome, the Living Wage for Musicians Act underscores a crucial step towards elevating artist rights and redefining industry standards. Stay tuned as September 29 approaches—this conversation is just beginning, and it brings the promise of a fairer future for musicians everywhere.

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