Chris Cooke - CMU | the music business explained (Page 52)

“YouTube isn’t here”, says Yout lawyer in latest from legal battle with RIAA

public

Yout • 2 min read

“YouTube isn’t here”, says Yout lawyer in latest from legal battle with RIAA

A lawyer for stream-ripping site Yout argued in court last week that YouTube’s input was required to settle key questions in its ongoing legal battle with the Recording Industry Association Of America…

Chris Cooke • 12 Feb 2024

Setlist Podcast: AI developments cause celebration and concern

public

Artificial Intelligence • 5 min read

Setlist Podcast: AI developments cause celebration and concern

The music industry welcomes the final draft of the EU AI Act but sees plans for the UK to develop an AI code of conduct collapse, and allegations that the BBC is going head to head with its commercial rivals by launching new decade and genre specific music radio stations…

Andy Malt & Chris Cooke • 09 Feb 2024

New Mountain Capital completes its acquisition of BMI

public

BMI • 2 min read

New Mountain Capital completes its acquisition of BMI

US collecting society BMI is now owned by New Mountain Capital - it was announced last year that the rights organisation, previously owned by a group of broadcasters, would be acquired by a consortium of investors led by the private equity firm…

Chris Cooke • 09 Feb 2024

⏩ One Liners: JULiA LEWiS, Mad Professor, Little Simz + more

public

One Liners - quickfire news from the music business • 3 min read

⏩ One Liners: JULiA LEWiS, Mad Professor, Little Simz + more

JULiA LEWiS, Papa Roach, Snow Tha Product and OneLand Music Group deals; Joe Rogan podcast returns to Apple; Mad Professor and Ariwa Sounds show; new music from Dizzee Rascal, Little Simz, Paul Morricone and Kacey Musgraves, and David Guetta reworks Mason and Princess Superstar track…

Chris Cooke • 09 Feb 2024

AIF renews call for ticket VAT cut as Standon Calling cancels 2024 edition

public

Standon Calling • 3 min read

AIF renews call for ticket VAT cut as Standon Calling cancels 2024 edition

The Association Of Independent Festivals has again called for more government support for the festival sector after organisers of Standon Calling announced they are cancelling their 2024 edition after production costs "significantly increased again"…

Chris Cooke • 09 Feb 2024

SeatGeek sued in multi-million class action over ticket price listings in New York

public

SeatGeek • 2 min read

SeatGeek sued in multi-million class action over ticket price listings in New York

Following proposals for a US-wide law forcing ticketing platforms to show the full price of every ticket upfront, including booking fees, SeatGeek has been sued in New York for allegedly failing to follow existing laws in that state regarding how ticket prices are displayed…

Chris Cooke • 09 Feb 2024

Kakao insists it isn’t selling the SM Entertainment shares it fought so hard to acquire

public

SM Entertainment • 2 min read

Kakao insists it isn’t selling the SM Entertainment shares it fought so hard to acquire

There have been rumours of late that South Korean internet firm Kakao was planning on selling its controlling stake in K-pop company SM Entertainment, which it acquired last year following a bidding war with Hybe - however, both Kakao and SM have now issued statements insisting that’s not true…

Chris Cooke • 08 Feb 2024

Commercial radio sector calls on OfCom to block BBC's plans for four new radio stations

public

BBC • 3 min read

Commercial radio sector calls on OfCom to block BBC's plans for four new radio stations

The BBC’s plans to launch four new radio stations have been criticised by the commercial radio sector, which argues that the proposed new genre and decade specific services simply replicate what commercial stations are already doing. Trade body Radiocentre says OfCom should block the move…

Chris Cooke • 08 Feb 2024

Key Production now owned by employee ownership trust

public

Key Production • 1 min read

Key Production now owned by employee ownership trust

Ownership of Key Production has been transferred by CEO Karen Emanuel to an employee ownership trust. The move, says Emanuel, will “empower the people that have helped me build the company, namely the staff”…

Chris Cooke • 07 Feb 2024

Hipgnosis shareholders back £20 million bidder fee proposal

public

Hipgnosis • 1 min read

Hipgnosis shareholders back £20 million bidder fee proposal

An Extraordinary General Meeting of shareholders of the Hipgnosis Songs Fund took place earlier today, with investors backing a proposal by the board that gives directors discretionary powers to pay multi-million pound fees to entities interested in bidding to buy its catalogues…

Chris Cooke • 07 Feb 2024

Michelle Jubelirer stands down as Capitol CEO as Universal Music restructure goes into effect

public

Universal Music • 2 min read

Michelle Jubelirer stands down as Capitol CEO as Universal Music restructure goes into effect

As Universal Music restructures its US recordings business, the boss of one of its big divisions there has resigned. Michelle Jubelirer was CEO of the Capitol Music Group, most of which will now be subsumed by the major’s Interscope Geffen A&M division…

Chris Cooke • 07 Feb 2024

SoundCloud partners with Trolley on artist payouts

public

SoundCloud • 1 min read

SoundCloud partners with Trolley on artist payouts

Canada-based payouts platform Trolley - which already works with a number of music companies on their royalty payout systems - will be employed by SoundCloud to make payments via its SoundCloud For Artists service…

Chris Cooke • 07 Feb 2024