Pierre Mossiat Keynote Speaker at AEDEM Meeting 25 May 2017
The AEDEM annual meetings held north of Barcelona from 8-10 May, where Pierre Mossiat was the keynote speaker, and Ger Hatton was a panellist speaking on international and EU copyright legislation. Teresa Alfonso, Board Member of IMPF was reelected as Chair of the Board of Directors of AEDEM.
Breakfast Label Lab in Barcelona 05 April 2017
The Catalan Government’s SDE division - business development services - and the record industry association APECAT/AFYVE, organise a monthly Breakfast Label Lab in Barcelona, Spain. Pictured above is IMPF Board Member Teresa Alfonso speaking on the work of independent music publishers, particularly IMPF’s outreach on digital, FastTrack projects and the role publishers are playing on an international level.
In the photo are APECAT President Oriol Orfila and journalist Javier Cervantes. Following the session Alfonso received a lot of interest on the matters raised.
IMPF 2016 Annual Report 28 February 2017
Click here to download the full report
2016 was an eventful year as the music publishing industry faced uncertainty with, at times, adverse copyright developments and decisions emanating not only from EU countries and the US, but around the world. IMPF consolidated its remit and work in 2016 and Board has worked throughout the year to support and uphold the independent music publishing community and promote the interests of the sector. It has engaged with key stakeholders at international and regional level, including dialogue with media and policymakers, and has consolidated its position through a range of initiatives, including events, speaker platforms, position papers, media relations, meetings and partnerships. There has been consistent work on addressing music publishing issues and the challenge posed by digital platforms that ‘underpay’ and the rapid online consumption of creative content. On that note one spark of hope has seen EU legislators finally addressing the issue of this imbalance of payments and the notion of the “value gap” as introduced by music industry advocacy in Brussels is echoing around the world. While 2016 was challenging, and 2017 is likely to remain so, there are nevertheless reasons for optimism and opportunities abound.
At the General Assembly held in London delegates were asked to list their top three priority areas for IMPF in 2016. This exercise which was subsequently sent out to the wider membership saw some 50 responses in total with 150 +/- suggestions for work, which were consolidated into four key areas and a work schedule of some 30 separate items. The Board and Secretariat have been engaging on those ever since along with additional items arising. This report addresses the work achieved and underway.
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IMPF Press Release 23 February 2017
Indie music publishers call on policy makers everywhere to take good heed of their decision making
February 23 Paris – Yesterday at SACEM in Paris, the Independent Music Publishers Forum (IMPF) held a General Assembly in front of some 80 indie music publishing companies and guests representing international writers organisations, publishers and CMOs from Europe and the US. In his opening address, President of IMPF Pierre Mossiat, and CEO of Strictly Confidential Music Publishing, commented on how, despite the changes brought about by digital, the fundamentals of the indie music publishing business haven't changed, as they are based on the close, one to one engagement with authors and composers. Echoing that sentiment, Lorenzo Ferrero attending in his capacity as President of CIAM said "Publishers have always been the natural partners of music creators. But the relationship between CIAM and IMPF is more than that: it’s a frank, concrete and constructive cooperation on common global issues".
CEO of SACEM Jean-Noël Tronc, in a wide-ranging address including the current copyright reform on both sides of the Atlantic, emphasised the importance of the continuing need for unity amongst the broader music community in light of those who want to undermine the vibrant industry, and also stressed his personal support for the vital voice of the indie sector.
Spotify’s European Director of Songwriter and Publisher Relations, Jules Parker, gave an impressive presentation on the work that Spotify is doing with songwriters in liaison with publishers, offering training and showcasing creators and artists through talent hubs and workshops.
Rolf Budde, (IMPF vice chair and Chair DMV Germany, (Budde Music)), addressed the mammoth task publishers and GEMA undertook recently to change the law in the aftermath of the November ruling in Germany, a topic of great interest to the publishers and writers present, given the action it necessitates but the disaster it avoided. Teresa Alfonso (Teddysound), Filippo Sugar (Sugar Music), Simon Platz (Bucks Music), Angela Rose White (David Rose Publishing) and Ger Hatton also presented on various topical EU and US issues.
In closing, Mossiat stressed IMPF’s commitment to working closely with organisations that represent collective management and writers and reminded everyone that IMPF was established as a forum for indie music publishers to engage and dialogue at just such an international level.
He added, "with policy makers on both sides of the Atlantic making decisions that significantly impact our business, we must remain proactive and forceful in our collective efforts to ensure that the decisions they make today don't adversely affect our business tomorrow”.
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IP Summit 2016 02 December 2016
Pierre Mossiat, President of IMPF, pictured with Jackie Alway from Universal Music Publishing and Nicolas Galibert from Sony/ATV after speaking on a panel on the growing importance of online services and restoring the "value gap" at the 2016 IP Summit in Brussels.
IFPI's 'Investing In Music' Report Shows Record Labels Invest US$4.5 Billion Annually in A&R And Marketing 30 November 2016
- US$4.5 billion – record labels’ global investment in A&R and marketing in 2015
- 27% - share of record company revenues invested in A&R and marketing
- US$0.5 – $2 million – typical cost to break worldwide-signed artist in major market
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London, 30th November 2016 – Record companies remain the largest investors in music, providing more than US$4.5 billion for “Artists & Repertoire” (A&R) and marketing in 2015, according to a new report published today by IFPI, representing the recording industry worldwide, in association with the World Independent Network (WIN), representing independent labels internationally.
Investing in Music details record companies’ global investment in discovering, nurturing and promoting artists and their music. The report highlights the extensive ‘behind the scenes’ work performed by teams of professionals at record companies supporting these efforts.
Jointly introducing the report, Frances Moore, Chief Executive of IFPI and Alison Wenham, CEO of WIN, said: “Investing in Music highlights not just record companies’ financial investment in artists, but also the enduring value they bring to artists’ careers. In the digital world, the nature of their work has evolved, but their core mission remains the same: discovering and breaking new artists, building their careers and bringing the best new music to fans. These are the defining qualities of record companies’ investment in music.”
Key data highlights from the report include:
- Record companies invest 27% of revenues back into A&R and marketing – this is the work of discovering, nurturing and promoting artists. Investment in A&R and marketing totalled US$4.5 billion in 2015. Companies sustained this level of annual investment even as the industry weathered two decades of revenue decline.
- Of that 27%, record companies invest 16.9% of revenues in A&R – this is a higher proportion than the equivalent research and development (R&D) investment ratio of all the leading sectors included in EU Industrial R&D Investment Scoreboard 2015.
- A major international signing will cost between US$0.5 million and US$2 million to break in a major market such as the US or UK – including investment in everything from artist advances to recording costs, videos, tour support, and marketing and promotion.
- Music companies also invest, along with distributors, in developing the infrastructure of the digital market, servicing more than 360 digital music sites globally with more than 40 million tracks.
Indies shocked and appalled that GEMA can no longer distribute a share of authors’ royalties to its music publishers. 16 November 2016
Indie music publishers everywhere are shocked by the Berlin court ruling of Monday that GEMA can no longer distribute a share of authors’ royalties to its music publishers. Furthermore the court ruled that publishers should return payments made since 2010.
“This would result in the devastation of the German music industry, and yet another example of attempts to legislate and regulate our industry that end up annihilating the long standing work of the music publishing community” said VP of the IMPF, the Independent Music Publishers Forum, Prof. Dr. Rolf Budde. “The implications of this latest ruling are far ranging and shocking. The system of partnership between authors and publishers in GEMA is a constant for decades in Germany and therefore this decision is both wrong and damaging”he added.
“The underlying principle is the agreement of authors and publishers that both parties should benefit from income arising from the rights, and as this is a legitimate contractual arrangement between two parties, the interpretation of the courts is simply wrong. What’s more GEMA does not involve its music publishers on a flat-rate basis, but only if authors and publishers have agreed to such a participation in the publishing contract.” said IMPF.
“Indie publishers are calling for an immediate solution to address this grave problem and we demand that GEMA meanwhile pays the royalties owed to the international repertoires. Once we see the grounds for judgment, which are not yet available, we will decide our next course of action, but support for our German music publisher and GEMA colleagues is imperative”, said Pierre Mossiat, President of the IMPF.
The starting point for the decision was the action of two authors and GEMA members Bruno Kramm and Stefan Ackermann. The applicants had argued that, in addition to the authors share, they also had the right to the publishers share, since the rights of use were introduced into GEMA by the authors alone. According to the oral submissions of the Kammergericht in Berlin, the decision is based in particular on the fact that the existing publishing agreements do not reveal any clear statement on the involvement of the publisher.
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Independent music publishers upholding their interests in a global marketplace 07 November 2016
Independent music publishers upholding their interests in a global marketplace; Roundtable discussion underlines the importance of a collective voice for Indies
A roundtable discussion held in New York last Friday gathered more than 60 members of the independent music publisher community from around the world to debate the public policy, legal and marketplace challenges facing the sector.
In a wide-ranging discussion, moderated by Jay Rosenthal of Mitchell, Silberberg & Knupp, the meeting explored issues pertinent to the US, Canadian and European Union markets. It examined how copyright and regulatory issues at national, regional and international level impact independent music publishers engaged in a worldwide role and posed the question “How can Indies make sense of it all?” On the table were the recent 100% licensing decision and fallout, the removal of Maria Pallante from her office, and the equally worrying American Law Institute restatement of the Copyright Act. Also addressed was the extension of term in Canada where term sits at life plus 50 in contrast to most other developed nations, where life plus 70 is the standard
Introducing the event, which followed the Independent Music Publishers Forum (IMPF) Board meeting, President of the IMPF Board of Directors, Pierre Mossiat said, “As global players it is essential that the Indie sector has a strategic insight into the future of copyright and the music licensing market. This discussion is timely as today our board has furthered our engagement with Amazon Music and YouTube.”
Key industry figures took part in the panel debate including Matt Pincus of Songs Music Publishing; Michael Sukin of Sukin Law Group/Cowan, Liebowitz & Latman; Alisa Coleman of ABKCO Music and Records; Jacqueline Charlesworth, well-known copyright attorney and co- counsel in the SONA litigation; Robert Levine, journalist and author of Free Ride; Margaret McGuffin of the Canadian Music Publishers Association and Ger Hatton, Adviser to the Board of IMPF.
“The issues currently on the table in both the US and Europe have a direct impact on the work of independents,” asserted Rolf Budde, Vice President of IMPF “these types of debate provide a vital platform for the sector in seeing the way forward. I am encouraged that our industry is able to hold such a broad and timely meeting”.
The Board of IMPF at its earlier board meeting also notably called on collecting societies to radically improve their efficacy regarding online incomes and distribution.
IMPF EU Package 14 September 2016
Independent Music Publishers say European Commission’s copyright package needs to be much stronger for songwriters, composers and music publishers across Europe to get fair pay
Brussels, 14 September 2016; The Independent Music Publishers Forum (IMPF) representing indie music publishers worldwide, expressed disappointment with the EU Copyright Package launched today. While acknowledging that there is a new onus on Internet Service Providers in the Directive, nevertheless IMPF said that the obligations of online platforms fall far below the standard required to ensure effective remuneration and protection for composers and authors.
“The provisions designed to address the issues are not sufficiently robust or concise and the package does not give adequate direction to member states”, commented Pierre Mossiat, President of IMPF. “Without clear regulatory guidance the interests of big business will continue to jeopardize the livelihoods of songwriters all around Europe.”
While timely information and transparency obligations are welcomed, along with the exceptions for scientific research, teaching and cultural heritage, IMPF believes stronger and more concrete provisions are needed to address the Transfer of Value issue as the obligation on ISPs is weak.
“Transfer of value or the Value Gap is about achieving a decent earning for creators from large platforms, such as YouTube, that benefit financially and disproportionately from the creative work of artists. Failing to address this adequately, endangers the livelihoods of creators and at the same time, compromises the freedom of consumers, as they need to have broad access to legal and diverse cultural content”, added Mossiat.
“The bottom line is that authors and composers must be compensated for their work. This much anticipated Copyright Package, while a step in the right direction, has quite some way to go to achieve the level of compensation for the use of their work that songwriters and indie music publishers, the core small businesses in the creative music field in Europe, need”, he concluded.
Statement of IMPF Board of Director on the U.S. DoJ’s 100% licensing scheme 08 July 2016
How is it possible that the U.S. Department of Justice made a decision to not only leave the outdated consent decrees as they are, despite all the meetings, entreaties and ideas of the last two years, but added to its’ interpretation of those decrees in a clearly punitive and devastating move for small and indie music publishers and their songwriters?
In what was described by IMPF, the independent music publishers forum, as ‘an unmitigated disaster’, the decision only looks at the 100% licensing concept, which goes against common practise in the music industry, forcing, as it will, the CMOs to adopt ‘100% licensing’ despite the fact that the CMO may not actually represent all the owners of the musical work.
“This decision will result in confusion and chaos for everyone, from music publishers, to collective rights managements organisations around the world, and licensees and sadly and ultimately for songwriters, who will suffer the most, as this new system will lead to unfair prices that do not reflect the real value of their musical works” said Pierre Mossiat, President of the IMPF Board of Directors. “In short nothing has been fixed but everything has been further broken” he added.
IMPF also noted that the decision has implications for the way the U.S. does business abroad as it ignores international trade protocols, and may in fact be unlawful under WTO rules, as, applying this rule to copyrights originating in countries other than the U.S., when the rule is not recognised in those other countries, has profound ramifications.
IMPF will lend full support to ASCAP and BMI in the U.S. and to local and international music publishers as they figure out ways to address their options in a situation that was entirely avoidable, and until now has ever been an issue.
IMPF holds inaugural independent music publishers networking breakfast at Midem 2016 05 June 2016
Calls on YouTube to change its business model
Cannes, 5 June 2016 – At its board meeting today, the Independent Music Publishers Forum (IMPF) called on YouTube to change its business model so that royalty payments to composers can increase.
YouTube’s meagre royalty payments were the main agenda point at the meeting of Indie music publishers at Midem. There was much discussion around the safe harbour provisions which shield YouTube from liability and delegates called on regulators to clarify the terms of the provisions both in the EU and the USA, not just to alleviate the value gap, which has grown wider, but also to level the playing field with other platforms.
“Licensed digital music services can't make enough money to pay composers and authors if they have to compete with services that are shielded by out-of-date safe-harbour protections,” said IMPF President Pierre Mossiat.
Another grievance, particularly for small indie music publishers is the complexity and opacity of contracts with YouTube. As Rolf Budde, VP of IMPF said “transparency is key to conducting commercial negotiations on behalf of our composers and authors and with the current agreement mechanisms that You Tube has in place, that is increasingly difficult”.
IMPF said that it fully recognises the importance of the platform for composers and authors and wants to work together with YouTube to find effective solutions.
“YouTube must evolve its current business model or risk jeopardising the creativity and unique culturally diverse source of its content” added Mossiat. “Let’s sit together therefore with You Tube so that the issue of fair digital remuneration can be properly addressed and solved”
IMPF’s inaugural Annual Independent Music Publishers Breakfast
IMPF also held its first Independent Music Publishers Breakfast at Midem today. The event hosted together with AIMP attracted more than 90 industry figures and included guests from collective management organisations, labels and other music trade bodies. The keynote speech was given by the Chair of the International Confederation of Societies of Authors and Composers (CISAC), Eric Baptiste.
(AIMP, CISAC and IMPF at the inaugural indie music publishers breakfast at Midem)
Independent Publishers Fight Against Market Concentration 19 May 2016
'A group of powerful independent publishers have vowed to collectively ensure that their market does not suffer from a damaging concentration of power in the coming years.
The Independent Music Publishers Forum (IMPF) was officially founded at Midem two years ago, and now counts more than 50 rights-holders as members.
They include Bucks Music Group, Reservoir/Reverb Music, Sugarmusic, Budde Music, SONGS Music Publishing, Wixen Music Publishing, ABKCO, Bicycle Music Company and Downtown Music Publishing.
Pierre Mossiat, CEO at Strictly Confidential and another founder member, Annette Barrett of Reservoir/Reverb tell MBW that IMPF was partly created to ensure the independents had a voice on the board of the ICMP – the global trade body representing music publishers’ interests.
Says Mossiat: “We realised that the reaction to our creation may be: ‘Another trade association?!’ But we had the feeling that a few questions were not being answered for us [at ICMP].
“ICMP is doing important things that we don’t always understand or have input into. As independents, we have to have an eye on regulations, but that’s time-consuming and expensive – and ICMP is a perfect tool to manage it, so long as it’s not only in major interests.”
IMPF’s independent publishers certainly won’t see eye-to-eye with their major peers at ICMP on every issue.'... Read More
[Music Week Feature] IMPF Is Moving The Indie Agenda Forward 07 April 2016
With the creation in 2014 of the Independent Music Publishers Forum (IMPF), the global community of independent publishers now has a new organisation to push its specific agenda. The Forum was created by like-minded publishers who believed that their voices were not heard in the discussions on the future of the sector. “Our goal is to be the go-to point for indie publishers”, says Pierre Mossiat, CEO of Brussels-based Strictly Confidential, who serves as IMPF President.
The Forum has doubled its members in two years to over 60 companies nowadays, incuding Imagem, Suga, Rolf Budde and Bicycle Music, among others. The IMPF held its second AGM in Febrauary in London and appointed a new board, which includes Simon Platz, managing director of Bucks Music, and Annette Barrett, MD of Reservoir/Reverd. “I joined IMPF because I felt there was a need for a collective independent music publishing voice”, says Platz.