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Author Topic: Record labels will start reaching into the pockets of Twitch DJs  (Read 148 times)
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« on: June 09, 2024, 04:05:03 pm »

Record labels will start reaching into the pockets of Twitch DJs

<p>Twitch has entered into a first-of-its-kind partnership <a data-i13n="cpos:1;pos:1" href="https://blog.twitch.tv/en/2024/06/06/introducing-the-twitch-dj-program/">with all of the major record labels[/url] that will <a data-i13n="cpos:2;pos:1" href="https://www.engadget.com/twitch-ceo-says-djs-will-have-to-share-what-they-earn-on-the-website-with-music-labels-060210010.html">force DJs who monetize to pay a fee[/url] to use songs in livestream sets. The actual percentage being paid out to these labels is being kept under wraps and varies according to the chosen monetization method, but the DJs and Twitch will reportedly split these fees 50/50. The company also says that it'll cover more than 50 percent at first, but didn't get into numbers.</p>
<p>Twitch will also be offering a one-year subsidy to select DJs to help cover the difference between earnings and money paid to labels. The company didn’t announce how it would award these subsidies or if it would cover all of the required licensing fees. It did say that the subsidy amount would reduce over time as the program increases in popularity. There are thousands upon thousands of DJs on Twitch, so it’d be nice to get a little bit of clarification here. We’ve reached out to the company and will update this post when we hear back.</p>
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