Songwriters and Publishers Fight for Royalties From Lyric Sites
Some began as a hobby, but now, many of the websites that publish song lyrics bring in serious revenue. For example, Metrolyrics.com, which is owned by 24-year-old Milun Tesovic, hauled in about $10 million last year. According to The New York Times, songwriters and music publishers are now grappling with how to grab their share of these profits. However, it's not easy for them to collect royalties from these sites. First, there are a ton of them out there, meaning that one could collect from one site but another may publish the same lyrics the next day. Aside from that, many of these sites operate outside the U.S., making it far more difficult to obtain information about the owner and to collect money. Finally, publishers have begun authorizing sites to publish lyrics from the outset. Not only does this ensure that songwriters get their money, but it encourages better sites with more accurate lyrics.
Still, David Israelite, chief executive of the National Music Publishers' Association, says it's nearly impossible to completely end the practice of illegally posting lyrics. "I think it will be like shoplifting at stores, in that we're hoping to keep it manageable enough," Israelite told the Times. "It will always exist, just a matter to what degree." Songwriters and publishers should focus on obtaining licensing fees for future sites, rather than treading water by attempting to track down thousands of old ones. [From: The New York Times]





Disney World Scammers Scored Four Years of Free Vacations
Stranger's Kiss Keeps 16-Year-Old From Committing Suicide
Rookie Cop Reportedly Berated, Called 'A Rat' For Arresting Off-Duty Officer
Walmart Ending Membership in Conservative Group
How I Went Bankrupt at 23
Can a New Guy Save Best Buy?
Woman Claims Kangaroo Stalked Her for 2 Days, Then Attacked
Pete Cosey Dead: Chicago Guitar Great and Miles Davis Collaborator Dies at 68
Facebook, Week Two: Fortunes Made and Fortunes Lost (Mostly Lost)
Michael Grant Dead: Crescent Shield Singer Dies Aged 39













