News

MMF Welcomes Breakage Payments

04 June 2015

 

The MMF welcomes the addition of Universal Music Group and Universal Publishing to the list of companies that will pay breakage to artists. Warner Music , Sony Music and the independents who signed the WIN charter have been doing the right thing in this area already – some for up to 6 years. The change comes as the voice of the artist has taken centre stage with public statements from the newly formed International Artists Organisation after years of campaigning by the MMF and the FAC.

Many have spoken as the voice of the creator in recent years but the only people who can realistically make that claim are the artists themselves. The IAO have our full support in carrying out this task and shining the light of transparency in all the dark corners of a music business that would not exist without artists’ creativity. We hope that we are seeing a new beginning and welcome an open discussion – however difficult – of all the issues that concern us and to replace a broken ecosystem with one that recognises the value that all parties bring to the table.

It is said you can’t make an omelette without breaking a few eggs. We want to see more eggs broken and put to work baking a bigger pie that is sliced up fairly  – with all the ingredients in it .

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