Chris Cooke - CMU | the music business explained (Page 5)

Court rejects Min Hee-jin’s attempt to get Ador top job back, as HYBE boss forced to apologise for dissing rivals

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Hybe • 3 min read

Court rejects Min Hee-jin’s attempt to get Ador top job back, as HYBE boss forced to apologise for dissing rivals

HYBE is hoping it can put its dispute with Ador founder Min Hee-jin behind it after a court dismissed an injunction as part of her bid to be reinstated as CEO. But that seems unlikely. Meanwhile an internal HYBE document that is disparaging of rival agencies’ artists is causing controversy…

Chris Cooke • 30 Oct 2024

Music industry warns of AI “malpractices” on an industrial scale, says EU AI Act must “be made meaningful” to safeguard creatives

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Artificial Intelligence • 2 min read

Music industry warns of AI “malpractices” on an industrial scale, says EU AI Act must “be made meaningful” to safeguard creatives

The EU AI Act was welcomed by the music industry earlier this year because of what it says about copyright and transparency. But how useful the act is will depend on how it is implemented. To that end, the music industry has called on EU lawmakers to ensure the new rules are “made meaningful”…

Chris Cooke • 30 Oct 2024

Artists call for government to implement ticketing levy to support grassroots live music, but live industry split on issue

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Live industry news including ticketing, venues, festivals and more • 3 min read

Artists call for government to implement ticketing levy to support grassroots live music, but live industry split on issue

Earlier this year, UK MPs said that the live music industry should launch a new levy on tickets for large-scale shows to support the grassroots community, and if it didn’t the government should introduce a statutory levy. The FAC and MU wants to make sure that’s still on the agenda…

Chris Cooke • 29 Oct 2024

DistroKid’s face-off with employee union over plans to fire support team and move jobs overseas

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DistroKid • 2 min read

DistroKid’s face-off with employee union over plans to fire support team and move jobs overseas

DistroKid “preached of doing right by their artists and their employees” in the past, but are now laying off 50% of their unionised employees in the US to move their jobs overseas. This is according to the DistroKid union, which says 37 employees have now been put on “administrative leave”…

Chris Cooke • 29 Oct 2024

Oasis promoters take action against touts, will cancel more than 50,000 scalped tickets

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Oasis • 2 min read

Oasis promoters take action against touts, will cancel more than 50,000 scalped tickets

Promoters reckon they have found 50,000 tickets for next year’s Oasis shows being touted on the resale platforms - now they plan to cancel those tickets and put them back on sale on Ticketmaster. Though Viagogo says it will continue to allow the touted tickets to be sold on its platform…

Chris Cooke • 29 Oct 2024

Hollywood studios say AI training opt-out critical, Singapore must clarify copyright rules

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Artificial Intelligence • 3 min read

Hollywood studios say AI training opt-out critical, Singapore must clarify copyright rules

The US Motion Picture Association has made a submission to a US government consultation on foreign trade barriers. It asks the government to put pressure on countries that have or want copyright exceptions for AI training, insisting copyright owners must always have an opt out…

Chris Cooke • 28 Oct 2024

CVC takes stake in KKR owned Superstruct Entertainment

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Superstruct Entertainment • 1 min read

CVC takes stake in KKR owned Superstruct Entertainment

Earlier this year, when Providence announced it was selling festivals company Superstruct Entertainment, rival equity firm CVC was tipped as a possible bidder. In the end another investment outfit, KKR, bought Superstruct, but CVC has now acquired a stake in the business…

Chris Cooke • 28 Oct 2024

Lil Durk charged over alleged murder-for-hire revenge plot

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Lil Durk • 2 min read

Lil Durk charged over alleged murder-for-hire revenge plot

Lil Durk could face a life sentence after being charged over allegations he paid for the attempted murder of rival rapper Quando Rondo. It’s claimed associates of Durk and his collective OTF travelled to LA with the intent of murdering Rondo in retaliation for the killing of OTF rapper King Von…

Chris Cooke • 28 Oct 2024

Bauer utilises changes to broadcasting laws to remove regional shows from Greatest Hits Radio

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Greatest Hits Radio • 2 min read

Bauer utilises changes to broadcasting laws to remove regional shows from Greatest Hits Radio

The UK Media Act passed earlier this year removed the remaining obligations on commercial radio stations operating under local radio licences to broadcast locally-made programmes. As a result, Bauer has announced it is axing the regional afternoon shows that air on Greatest Hits Radio…

Chris Cooke • 25 Oct 2024

Culture minister tells ticket touting platforms to “get ready for change”

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Secondary Ticketing • 4 min read

Culture minister tells ticket touting platforms to “get ready for change”

MPs took part in a debate on secondary ticketing yesterday, with culture minister Chris Bryant insisting the new government will make good on its pledge to introduce a ticket touting price cap, and will do so in a way that ensures this new regulation - unlike past regulations - is properly enforced…

Chris Cooke • 25 Oct 2024

IMPALA urges TikTok to re-open Merlin negotiations as we reach the direct deal deadline for indies

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TikTok • 3 min read

IMPALA urges TikTok to re-open Merlin negotiations as we reach the direct deal deadline for indies

IMPALA has written an open letter to TikTok over its decision to abandon licensing talks with Merlin and force indie labels and distributors to sign direct deals by today. It urges TikTok to return to the negotiating table with the global indie label digital licensing organisation…

Chris Cooke • 25 Oct 2024

Diddy lawyers say gagging order should restrict any government investigator with access to the case files

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Diddy • 2 min read

Diddy lawyers say gagging order should restrict any government investigator with access to the case files

Diddy’s legal team have written another letter to the court about the gagging order they want issued restricting what anyone involved in the criminal case against the musician can say in public. There is currently a disagreement with prosecutors over who the gagging order should apply to…

Chris Cooke • 24 Oct 2024