Chris Cooke - CMU | the music business explained (Page 161)

Concord makes $468.8 million bid for Round Hill Music Royalty Fund catalogue

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Deals • 1 min read

Concord makes $468.8 million bid for Round Hill Music Royalty Fund catalogue

Concord has made a $468.8 million bid for the catalogue of rights owned by the Round Hill Music Royalty Fund, which includes songs by Bruno Mars, Céline Dion, Louis Armstrong and Carrie Underwood…

Chris Cooke • 08 Sep 2023

French billionaire completes acquisition of majority stake in CAA

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Deals • 1 min read

French billionaire completes acquisition of majority stake in CAA

Francois-Henri Pinault has bought a majority stake in CAA via his Groupe Artémis company in a deal that values the Hollywood talent agency at $7 billion…

Chris Cooke • 08 Sep 2023

Spotify to offer premium subscribers free access to audiobooks

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Spotify • 2 min read

Spotify to offer premium subscribers free access to audiobooks

Spotify is reportedly going to offer its premium subscribers free access to 20 hours of audiobook content each month, as it continues to try to establish itself in the audiobook sector…

Chris Cooke • 08 Sep 2023

43% of Brexit-hit artists say touring EU is no longer viable, according to UK Music survey

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Brexit • 2 min read

43% of Brexit-hit artists say touring EU is no longer viable, according to UK Music survey

UK Music has published the results of a new survey of 1461 music-makers about the impact of Brexit - with 30% stating that the UK leaving the EU has impacted on their income…

Chris Cooke • 08 Sep 2023

Key stakeholders say industry has shared responsibility to tackle crime links to streaming fraud

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Streaming Fraud • 4 min read

Key stakeholders say industry has shared responsibility to tackle crime links to streaming fraud

Two global music organisations have commented on the report in Swedish newspaper Svenska Dagbladet about criminal gangs using streaming fraud as part of their money laundering activities, renewing calls for the industry to take action…

Chris Cooke • 07 Sep 2023

PRS expands Nexus programme to facilitate faster ISRC/ISWC matching

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Music Data • 3 min read

PRS expands Nexus programme to facilitate faster ISRC/ISWC matching

UK collecting society PRS has announced an expansion to its Nexus data programme which aims to make it easier for record labels and music distributors to include an ISWC when delivering tracks to streaming services, so it is clear what song is contained in the recording…

Chris Cooke • 07 Sep 2023

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Labels • 2 min read

Apple buys classical music record label

Apple has acquired BIS Records - with the classical music label’s founder Robert Von Bahr saying that its alliance with the tech giant will help “usher in the next era of classical”c…

Chris Cooke • 07 Sep 2023

Deezer set to roll out Universal Music endorsed "artist centric" model to royalty payments in France next month

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Streaming • 5 min read

Deezer set to roll out Universal Music endorsed "artist centric" model to royalty payments in France next month

Deezer has announced that it will start using a new “artist-centric” system for allocating royalties in France next month, which will prioritise “professional artists” and “active engagement”, and exclude functional audio…

Chris Cooke • 06 Sep 2023

BMI boss responds to speculation over reported private equity sale

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Collecting Societies • 3 min read

BMI boss responds to speculation over reported private equity sale

The boss of BMI has responded to speculation about an imminent sale of the US collecting society to a private equity outfit, insisting that changes at the organisation have been “mischaracterised” - though he doesn’t actually answer the specific questions songwriters have asked about those changes…

Chris Cooke • 06 Sep 2023

Elliot Grainge joins Warner leadership team via 10K Projects partnership

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Labels • 2 min read

Elliot Grainge joins Warner leadership team via 10K Projects partnership

10K Projects - the music company founded by Elliot Grainge, son of Universal Music boss Lucian Grainge - has announced a joint venture with Warner Music, which will also see Grainge Junior join the major’s leadership team…

Chris Cooke • 06 Sep 2023

Sean Combs reassigns publishing rights back to Bad Boy artists

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Diddy • 2 min read

Sean Combs reassigns publishing rights back to Bad Boy artists

Sean ‘Diddy’ Combs has reassigned song rights to a number of artists who were previously signed to his Bad Boy label, despite having received mega-bucks offers for his company’s publishing catalogue…

Chris Cooke • 05 Sep 2023

Spotify bans white noise podcasters from Ambassador Ads programme

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Spotify • 2 min read

Spotify bans white noise podcasters from Ambassador Ads programme

Spotify will stop the makers of white noise podcasts from participating in a programme where podcasters can earn money by promoting the streaming service’s own products…

Chris Cooke • 05 Sep 2023