Chris Cooke - CMU | the music business explained (Page 38)

AI generated music will suck €4 billion a year away from music creators by 2028 says CISAC

public

Artificial Intelligence • 3 min read

AI generated music will suck €4 billion a year away from music creators by 2028 says CISAC

CISAC has published a new report looking at the impact generative AI will have on music creators’ earnings. It estimates that 24% of those earnings could be at risk, resulting in annual losses of €4 billion by 2028, while the value of AI-generated music will surge to €16 billion a year…

Chris Cooke • 04 Dec 2024

Lizzo can’t be sued by former employee, but the company Lizzo runs can

public

Lizzo • 2 min read

Lizzo can’t be sued by former employee, but the company Lizzo runs can

Last year Lizzo was sued by a clothing designer who previously worked on the musician’s tour, and who claims she was the victim of sexual and racial harassment. Both Lizzo and her company Big Grrrl Big Touring were named as defendants. A judge has now ruled that Lizzo herself can’t be sued…

Chris Cooke • 04 Dec 2024

Village People founder loves Trump using YMCA, but hates people calling it a gay anthem

public

Village People • 3 min read

Village People founder loves Trump using YMCA, but hates people calling it a gay anthem

Despite previously complaining about Donald Trump’s regular use of ‘YMCA’ at his rallies, Village People’s Victor Willis says he’s now happy for the President Elect to use his song. However, he wants everyone who reports on that usage to stop calling his track a ‘gay anthem’…

Chris Cooke • 04 Dec 2024

HYBE denies wrongdoing over pre-IPO deals that netted founder Bang Si-hyuk $285 million

public

Hybe • 3 min read

HYBE denies wrongdoing over pre-IPO deals that netted founder Bang Si-hyuk $285 million

HYBE has denied any wrongdoing after it emerged South Korea’s Financial Supervisory Service is investigating deals done between founder Bang Si-hyuk and investors before the K-pop company’s IPO in 2020. The regulator is investigating whether those deals should have been declared ahead of the IPO…

Chris Cooke • 03 Dec 2024

Sony Music commits “blatant and massive piracy”, says a former business partner

public

Sony Music • 2 min read

Sony Music commits “blatant and massive piracy”, says a former business partner

Ultra Music Publishing has sued Sony Music over allegations of copyright infringement. Sony now owns the Ultra record label, but not the publishing company. It says Sony has infringed rights in compositions it controls by uploading, selling and synchronising them without the necessary licences…

Chris Cooke • 03 Dec 2024

Youth Music calls on industry and education to collaborate to “close the gap from learning to earning”

public

Youth Music • 2 min read

Youth Music calls on industry and education to collaborate to “close the gap from learning to earning”

A new report from Youth Music makes four recommendations for how the music industry can collaborate with music education to better support its future workforce. It calls for more joined-up thinking, career skills in the curriculum, funding for non-formal pathways and safer working cultures…

Chris Cooke • 03 Dec 2024

UK government “broke own laws” by blocking Kneecap export grant

public

Kneecap • 3 min read

UK government “broke own laws” by blocking Kneecap export grant

Kneecap went legal earlier this year after the then Conservative government stopped them from receiving funding via the Music Export Growth Scheme on political grounds. The new Labour government agrees that blocking the grant in that way was unlawful, meaning the rap trio has won their legal action…

Chris Cooke • 02 Dec 2024

“Unprecedented theft” by AI companies of creators work must be tackled say Australian MPs

public

Artificial Intelligence • 2 min read

“Unprecedented theft” by AI companies of creators work must be tackled say Australian MPs

A committee in the Australian parliament has published a report on AI urging the country’s government to help creators stop the “unprecedented theft of their work” by AI companies. Unsurprisingly, the music industry has welcomed the report and its key recommendations…

Chris Cooke • 02 Dec 2024

Music piracy in Europe down 75% in seven years, and significantly behind TV piracy

public

Piracy • 2 min read

Music piracy in Europe down 75% in seven years, and significantly behind TV piracy

The EU’s Intellectual Property Office has published its latest report on piracy across Europe. Although music piracy in 2023 was up slightly, it’s down significantly compared to 2017. Europeans are also illegally accessing unlicensed TV services much more frequently than they are pirating music…

Chris Cooke • 02 Dec 2024

NewJeans ditch deal with Ador to avoid “mental distress”, but Ador says contract “remains in full effect”

public

NewJeans • 3 min read

NewJeans ditch deal with Ador to avoid “mental distress”, but Ador says contract “remains in full effect”

Earlier this month NewJeans demanded that their label Ador address a list of grievances. It having failed to do so, the K-pop group says their deal with the company has been terminated. Unsurprisingly, Ador does not agree…

Chris Cooke • 29 Nov 2024

Australia passes social media ban for under sixteens

public

Digital services and platforms news • 3 min read

Australia passes social media ban for under sixteens

A new law in Australia will ban under sixteens from using social media. The country’s Parliament has backed the ban despite criticisms that it will be hard to enforce and that young people themselves haven’t been properly consulted…

Chris Cooke • 29 Nov 2024

Live Nation expands venues business in South Africa and Portugal

public

Live Nation • 2 min read

Live Nation expands venues business in South Africa and Portugal

Live Nation continues to expand its venues business, this week announcing the launch of its first permanent venue in Africa, The Dome in Johannesburg, and the acquisition of a majority stake in Lisbon’s MEO Arena…

Chris Cooke • 29 Nov 2024