It said the consolidated royalty schedule, which governs how royalties are calculated, had not been updated in the last 10 years.
Under the proposal, providers of such services will pay a royalty of 10.5percentt of revenue after other royalties are calculated.
But exactly how those royalties are calculated is often in dispute.
Similarly, the rapper sued his record label, Universal Music Group, for the way royalties are calculated for digital music -- whether they are considered a license or a sale.
The Barnett government has already scored a minor win in its campaign for a greater share of GST revenue, with Hockey writing to the Commonwealth Grants Commission on 23 December to request advice on how to account for "volatile" state revenue – such as mining royalties – when calculating a state's share of the GST.
For the latter requirement, Amazon says it will provide tools to automate the process, and that the 70percentt royalty will be calculated off the sales price.
For sales of Subscription In-App Products to renewing subscribers, your Royalty will be calculated based on the lower of (i) the then current List Price and (ii) the List Price in effect at the time the applicable end user first subscribed.
Defendants apply an incorrect formula for calculating royalties with respect to those royalties to be paid to Plaintiffs which results in the payment of approximately twelve percent (12%) of receipts instead of the fifty percent (50%) required by the terms of the agreements".
In the short term, artists are complaining that their streaming royalties are pitiful and that these online services seem to calculate royalties in ways that are opaque even by the black magic accounting standards of the music business.
The Australian National Audit Office has released a report, Collection of North West Shelf Royalty Revenue, which finds "significant shortcomings" in the framework for calculating royalties levied on off-shore petroleum operations from the north west shelf (NWS) off Western Australia.
