German promoters to receive a cut of concert streams
A contract between promoters' body GWVR and label association BVMI provides for organisers to receive up to 4.5% of the sale price when footage from their shows is reused
News By IQ | 15 July 2020
Concert organisers in Germany are now entitled to a cut of earnings from recordings of their promoted shows, following the signing of a landmark master agreement with record label representatives.
Just over three years after launching, the Gesellschaft zur Wahrnehmung von Veranstalterrechten (GWVR), or Society for the Exercise of Promoters’ Rights, has signed a master contract with the Federal Music Industry Association (BVMI) – the local IFPI affiliate, which represents more than 200 labels and related music companies –…
You've used your free article this month
Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.
