Source · Select Committees · Culture, Media and Sport Committee
Recommendation 12
12
Paragraph: 123
We recommend that the Government concurrently expand creator rights by introducing a right to recapture...
Recommendation
We recommend that the Government concurrently expand creator rights by introducing a right to recapture works and a right to contract adjustment where an artist’s royalties are disproportionately low compared to the success of their music into the Copyright, Designs and Patents Act 1988. These rights already exist elsewhere, such as in the United States, Germany and the Netherlands, and would give creators greater leverage when negotiation contracts with music companies. We suggest that the right to recapture should occur after a period of twenty years, which is longer than the periods where many labels write off bad debt but short enough to occur within an artist’s career. This would create a more dynamic market for rights and allow successful artists to go to the market to negotiate better terms for their rights. The right to contract readjustment should similarly be implemented as soon as practically possible to ensure that rights for UK creators do not fall behind rights for European creators.
Paragraph Reference:
123
Government Response
Acknowledged
HM Government
Acknowledged
The Government will commission research on these issues, particularly into countries that have implemented similar measures. This will help to build the evidence base and improve our understanding of the impacts of such rights, which will inform whether and how to take them forward. We expect to update on our progress in spring 2022. Government and Competition and Markets Authority Responses 5 Transparency