LONDON – Digital music services like Spotify, Deezer and Apple Music are being called upon to make faster royalty payments and hand over a higher percentage of revenues to artists and rightsholders to help them survive the coronavirus crisis.
The recommendation is one of 10 proposals made by European indie labels trade body IMPALA in its COVID-19 Crisis Plan. Other recommendations include increased promotion of local music by European radio stations and the establishment of emergency funds by collecting societies (where they don't already exist), making advances available for all members, as well as interest free loans.