Manatt Entertainment Leader Jordan Bromley spoke on the Beverly Hills Bar Association’s Annual Music Law panel discussion about recent developments in royalty distributions and termination rights, and the impact of social media and web 3.0 on the current music business model.
Bromley said the industry has currently formed around a model that prioritizes profits for labels and publishers rather than for creators, a system he said needs a conversation about changing in light of new media and platforms.
Watch the full panel discussion here.