European Film Music Day 2021: Buyouts in the Audiovisual Sector
Buyouts in the audiovisual sector: How is the problem affecting music creators?
Global streamers are increasing their audiovisual productions in Europe and beyond. In parallel, the number of buy-outs contracts for screen composers is also increasing dramatically in Europe. But what are buy-out contracts? How do they impact the remuneration of screen composers? What solutions to limit their expansion and its detrimental impact on music authors? The panelists will focus on how to improve awareness of creators’ rights on the critical issue of buyouts in the audiovisual sector, and what can be done to ensure composers can get a proportionate remuneration for the exploitation of their works.
This panel discussion was part of the European Composer & Songwriters Alliance’s European Film Music Day 2021. SCL President, Ashley Irwin, and Netflix VP of Music, Dominic Houston, were among the distinguished industry professionals who took part.