Kafka’s Hypothetical Market Strikes Again: The DSPs’ Latest Move to Silence Songwriters by Throwing GMR Out of Phonorecords V (opens in new tab)

The streaming services' joint motion to exclude Global Music Rights (GMR) from Phonorecords V highlights their intent to limit representation for songwriters. This maneuver undermines the interests of prominent songwriters and perpetuates a system where their ability to negotiate mechanical royalties is compromised, ultimately disadvantaging their financial rights and market representation.