Thursday, 6 August 2015

BUMA Stemra Review Board rules against new rates and 'kickback' scheme

The supervisory board reviewing problems issues between Dutch royalty collection society BUMA Stemra, including an expired deal with promoters and venues and claims for recompense over “kickbacks”, has rejected the new rate offer from the organisation and has told Buma Stemra to re-open talkns with promiters and venues.  Alongside the royalty rate impasse, the UK’s Music Manager’s Forum (MMF) is pressing BUMA for recompense for its members’ artiste clients who lost out when BUMA refunded up to 25% of monies collected for writers and music publishers to some to promoters and venues, which reportedly has been ruled invalid by the Board. The Board's deliberations continue.

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