U.S. performance-rights organizations ASCAP and BMI have teamed up to fight fraud associated with the registration of musical works.
The task force will comprise a team of experts across copyright, technical, legal, business, distribution and product from the two organizations, according to Music Ally. The PROs also plan on working with other peers around the globe, sharing information and best practices to mitigate the fraudulent registrations.
"Fraud is a complex global challenge that all collective management organizations and DSPs must confront with increasing frequency," ASCAP CEO Elizabeth Matthews said in a statement.
Songwriters and publishers have been under siege for many years, and they're now finally getting the attention (and raises) they deserve. Earlier this year, the Copyright Royalty Board approved an industry-wide settlement to increase songwriters' royalties to 15.35% by 2027, ensureing songwriters and publishers are compensated similarly to recorded music rights-holders, like record labels.
Scroll to ContinueRecommended ArticlesINDUSTRYASCAP and BMI Form Anti-Fraud Task Force to Combat "Suspicious Registrations"
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"Bad actors don't just limit themselves to one company, or one territory, and the more we can collaborate on this issue, the better it is for everyone involved," added BMI CEO Michael O'Neill.
Tagsterms:BMIASCAPPerformance RightsBy Lennon Cihak
Lennon is a music journalist who has contributed to EDM.com for over five years. A seasoned music business reporter, his writings bridge the gap between education and technology through a musical lens. He is also the host of the music business podcast “When Life Hands You Lennons” and founder of his own electronic music website, EDM In a Soda.
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