Tuesday 21 February 2023

Rights Reversion and Contract Adjustment


Over the past year, I have been working with Hyojung Sun of the University of York on a report that was commissioned by the UK's Intellectual Property Office. This research was prompted by recommendations from the DCMS Select Committee's Inquiry into the Economics of Music Streaming that there should be changes to UK copyright law to help benefit music creator revenues. These recommendations concern a reversion right (similar to the termination right in the US) and a right of contract adjustment (similar to adjustment right that is outlined in the European Unions's Digital Single Market Directive). The report was published two weeks ago and is available here in html form and here in pdf form. 

Following the publication of this report, Chris Cooke of Complete Music Update commented that government, rights holders and music creators should now begin a 'formal remuneration conversation'. 


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