Digital music downloads have new regulation. Those parts of the Consumer Rights Act 2015 (the “Act”) that relate to digital music retail – streaming and downloading, and eCommerce websites will come into force 01st October 2015.
For those eCommerce businesses (retailers including those on Amazon, EBay and other third party websites) that comply with The Consumer Contracts (information, Cancellation and Additional Charges) Regulations 2013 (the “2013 Regulations”) governing cancellations of purchases via websites and the Consumer Protection (Amendment) Regulation 2011 (amends the 2008 Unfair Trading Regulations) (the “2011 Regulations), the Act is to be read in conjunction with the 2013 and 2011 Regulations.
Its official! The major music labels have abandoned the traditional business model where the goal is to sell music. With the emergence of successful streaming services like Spotify, Google Play Music, Yala Music, Deezer, and probably twenty-plus others, it is impossible for a company to make money if it depends solely on consumers purchasing music. Not only are sales (both physical and digital downloads) down, but the revenue generated through streaming services is only a fraction of what sales use to generate back in the “good ole days”.
Promoter contracts govern the relationship between the promoter and the booking agent, venue, contractor, venue, artist or other promoters. A promoter acts as intermediary between a booking agent, venue, contractor, and the artist/other promoters. By artists I mean performance artists including: singers, DJ’s, dancers, actors, models, poets, conductors, choreographers, magicians and broadcast journalists.