MOJO and Buma/Stemra close new deal
Concert and festival organizer MOJO is the first to sign a deal with Buma/Stemra, according to the renewed live tariff of the authors rights organization. The agreement is effective from 2017 and runs until one of the parties terminates.
When concert organizers, venues and other parties organize live music events, they contribute a percentage of revenues from ticket sales among others to Buma/Stemra. It ensures that the authors and publishers of the music played live, receive fair remuneration for the use of their work.
Buma/Stemra CEO Wim van Limpt: “Mojo is a large and important concert and festival organizer in the Netherlands. A good cooperation therefore is essential. This deal ensures that we are ready for the future and our members can trust that they receive the fair remuneration when their music is performed live. This deal is also a good example of how we in cooperation with partners construct agreements that represent both the interests of our members as well as users of music.”
MOJO director Ruben Brouwer comments: “We are glad that we can make this new, future-proof arrangements after a period of constructive dialogue. The scheme creates clarity and uniformity in the market, and is in our opinion a good balance between the interests of MOJO as organizer of musical events, the performing artists and rights holders represented by Buma/Stemra.”
The new rate for live music offers a ‘level playing field’, where it is important that every organizer of live music events operating in similar circumstances, pay the same fee for authors rights. The rate is more accessible for starting organizers and takes fluctuating revenues into account. On Friday, January 13th the new tariff for live performances is highlighted during the panel programme of Eurosonic Noorderslag Conference.