Music Industry Advocates Urge U.S. Trade Representativeto Reject EU Proposal to Protect Artist Royalties
Music Industry Advocates Urge U.S. Trade Representative to Reject EU Proposal Endangering $300 Million in Artist Royalties
In a unified effort, a broad coalition of prominent music industry organizations has reached out to the United States Trade Representative (USTR) to express their deep concerns regarding a potential European Commission proposal. This proposal could significantly undermine nearly $300 million in annual royalties that are currently paid to American artists and rights holders.
The coalition, including influential entities such as SoundExchange, ASCAP, and the American Federation of Musicians, has highlighted the risks associated with this legislative proposal, which aims to reverse a crucial decision made by the Court of Justice of the European Union (CJEU) in 2020. The CJEU ruling extended national treatment protections to American recording artists, which has been a vital safeguard for American creators in foreign markets.
The proposed change to a
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