Merlin, the global rights agency for the indie label sector, has announced it is lowering the administration fees it charges for its services.
More on Merlin
The agency negotiates on behalf of its members and participating indie label deals with digital music services, and then administers payments and provides music play reports to its members.
The organization said it is reducing its administration fee for members to 2.5 percent, down from 3 percent. Additionally, Merlin members who are not participating in their local independent trade groups will see their fee reduced to 3.25 percent from 3.9 percent.
The reduction represents a 16.7 percent decline in the fee it charges.
"It is very satisfying to be able to announce another reduction in these fees after the 50 percent reduction we made in 2013, and we trust that this further underlines our commitment to continuing to deliver the maximum possible value to our members via our activities," Merlin CEO Charles Caldas said in a statement.
However, the organization added that due to the cost and nature of obtaining settlements and recoveries from infringing services, administration fees relating to those activities remain unchanged.