TUESDAY 12 JANUARY 2016
TODAY'S TOP STORY: SoundCloud has confirmed that last year it secured debt financing from 'alternative investment management firm' Tennenbaum Capital Partners. The monies, which totalled $32 million according to Swedish news outlet Di Digital, helped the digital firm as it got busy spinning round its business model into advertising and subscriptions. 2015 was a tricky year for... [READ MORE]
 
TODAY'S APPROVED: FEMM are back, and they're holding fast to their joyous if ludicrous gimmick of pretending to be mannequins (which is made even more ludicrous - and joyous - when they collaborate with other artists). The duo will release a new EP featuring two new songs - 'PoW!' and 'LCS' - on 3 Feb. The CD release will also come bundled with their 2014 debut album... [READ MORE]
 
CMU PODCAST: In the final CMU Podcast of 2015 CMU's Andy Malt and Chris Cooke review the year in music and the music business, plus the rates personalised radio services in the US will pay from this year and how streaming platforms are headhunting radio people. The CMU Podcast is sponsored by 7digital... [LISTEN HERE]
TOP STORIES SoundCloud confirms debt financing, as Universal deal seemingly gets closer
JUMP | ONLINE
LEGAL More sites blocked in the UK as FA secures injunction
JUMP | ONLINE
DEALS BMG buys two Spanish pop catalogues
JUMP | ONLINE
DIGITAL & D2F SERVICES South Korean messaging app owner takes control of local music service
JUMP | ONLINE
MEDIA Weekly airplay charts spin off from European Border Breakers Awards
X-Factor should take a year off, says O'Leary
JUMP | ONLINE
ARTIST NEWS Blackstar always intended to be David Bowie's final album, says producer
Motörhead members explain absence from Lemmy's funeral
JUMP | ONLINE
ONE LINERS Capitol Records, Finetunes, Last Shadow Puppets, more
JUMP | ONLINE
AND FINALLY... Glenn Tilbrook discusses lyrical attack on David Cameron
JUMP | ONLINE
 
Click JUMP to skip direct to a section of this email or ONLINE to read and share stories on the CMU website (JUMP option may not work in all email readers). For regular updates from Team CMU follow us on Twitter, Facebook or Tumblr.
 
 
SECRETLY DISTRIBUTION - PROJECT MANAGER, EUROPE (LONDON)
Secretly Distribution is seeking a full-time Project Manager - Europe for our extensive family of distributed labels. Join Secretly Distribution’s growing international team. The ideal candidate is a skilled writer and communicator with at least three years' professional experience related to product management, artist relations, marketing and/or promotions in the music industry.

For more information including a full job description and how to apply click here.
   
KILIMANJARO LIVE - PAID INTERNSHIP (LONDON)
Kilimanjaro Live are starting a year-long paid internship programme to give individuals an opportunity to learn the various elements of concert and festival booking, promotion and production with a view to establishing a career in the live music industry.

For more information including a full job description and how to apply click here.
   
CR2 RECORDS - DIGITAL CONTENT MANAGER (LONDON)
We are looking for an experienced Digital Content Manager to manage the scheduling and delivery for digital releases to all retailers ensuring quality control and accurate, timely delivery. The applicant will also be responsible for producing sales data and also registering all repertoire with relevant collection societies for both copyright and publishing.

For more information including a full job description and how to apply click here.
   
SIX07 PRESS - SENIOR PRESS CONSULTANT (LONDON)
Six07 Press is looking for an experienced music PR to join us as a Senior Press Consultant. It is vital that applicants have two to three years’ experience in national UK print PR, as well as online PR campaign management. We are looking for someone who is self-motivated, flexible and has initiative.

For more information including a full job description and how to apply click here.
   
HOSPITAL RECORDS - HEAD OF PUBLISHING (LONDON)
Hospital Records are hiring a Head Of Publishing for their in-house department, Songs In The Key Of Knife. Based in our South London office, we are looking for someone with 12-18 months minimum publishing experience to administrate all aspects of our catalogue worldwide.

For more information including a full job description and how to apply click here.
   
KINC - MUSIC MARKETING COORDINATOR (LONDON)
KINC is a communications agency that specialises in music, sports and entertainment. We have an exciting new role that has become available working across all of our music clients. It is a full time role in Islington, London starting in February 2016.

For more information including a full job description and how to apply click here.
   
NEW CROSS INN - LIVE BOOKINGS MANAGER (LONDON)
As a member of our live events team you will be responsible for the booking, programming and promotion of our live music calendar alongside the current events manager. You will have experience booking and contracting live acts and will have a strong network of contacts to draw on.

For more information including a full job description and how to apply click here.
   
MANNERS MCDADE - COPYRIGHT & ROYALTIES MANAGER (LONDON)
We are an independent music publisher based in Central London, specialising in indie-classical and electronic music. We also manage the rights of the media composers managed by our sister company, Manners McDade Artist Management. Due to expansion we are recruiting an experienced Copyright & Royalties Manager to work with our International catalogue.

For more information including a full job description and how to apply click here.
   
THE COLUMBO GROUP - PRESS OFFICER (LONDON)
We are looking for a highly motivated and creative individual to be the Press Officer for an exciting venue re-launch in London. The ideal candidate will have at least a year's experience in the PR industry, with a passion for nightlife, music and food, and a keen eye for detail. We are looking for someone who has the ability to deliver excellent press coverage, offer fresh ideas for our communications strategies and thrive under a heavy work load.

For more information including a full job description and how to apply click here.
   
 
CMU Jobs is a proven way to recruit the best music business talent for roles across the industry at all levels, from graduate to senior management. To book an ad contact Sam on 020 7099 9060 or email ads@unlimitedmedia.co.uk
 
 
A guide to upcoming events from and involving CMU, including seminars, masterclasses and conference sessions from CMU Insights and workshops from CMU:DIY, plus other events where CMU journalists are speaking or moderating.
 
18 Jan 2016 CMU Insights Seminars: How The Music Business Works Programme
CLICK FOR INFO
18 Jan 2016 CMU Insights Seminar: Making Money From Music
CLICK FOR INFO
25 Jan 2016 CMU Insights Seminar: How Music Rights Work
CLICK FOR INFO
1 Feb 2016 CMU Insights Seminar: How Music Licensing Works
CLICK FOR INFO
8 Feb 2016 CMU Insights Seminar: The Music Rights Sector
CLICK FOR INFO
10 Feb 2016 CMU Insights Masterclass: Key Developments In Music Rights
CLICK FOR INFO
15 Feb 2016 CMU Insights Seminar: The Live Sector, Brand Partnerships & Fan Services
CLICK FOR INFO
22 Feb 2016 CMU Insights Seminar: Building A Fanbase - Social Media Tools
CLICK FOR INFO
29 Feb 2016 CMU Insights Seminar: Building A Fanbase - Music Media
CLICK FOR INFO
6 Mar 2016 CMU Insights Seminar: Building A Fan-Orientated Business
CLICK FOR INFO
6 May 2016 CMU Insights @ Canadian Music Week 2016
CLICK FOR INFO
19-20 May 2016 CMU Insights @ The Great Escape 2016
CLICK FOR INFO
 

SoundCloud confirms debt financing, as Universal deal seemingly gets closer
SoundCloud has confirmed that last year it secured debt financing from 'alternative investment management firm' Tennenbaum Capital Partners. The monies, which totalled $32 million according to Swedish news outlet Di Digital, helped the digital firm as it got busy spinning round its business model into advertising and subscriptions.

2015 was a tricky year for SoundCloud, of course, despite its impressive user figures and continued importance as a music discovery and marketing platform. The company has been busy trying to generate revenue streams beyond the fees it traditionally charged content producers, with the On SoundCloud ad platform and a long-in-development subscription offer.

Getting the labels and publishers on board has been a challenge, even though they more than anyone have wanted SoundCloud to get into the advertising and/or subscription game, so that content owners can generate revenue via the platform as well as boosting audiences for new acts.

Warner Music and many indies are on board, but the two big majors are not. Though Universal Music was close to a deal at one point last year, but then the announcement that UK collecting society PRS was suing SoundCloud seemingly put everything on hold.

That litigation was settled just before Christmas, and the New York Post is now reporting that the mega-major is once again close to announcing a tie-up with SoundCloud around its new revenue streams. This would just leave Sony Music as the remaining hold-out on the recordings side, with more work to be done in the publishing domain.

It is interesting though not that surprising that SoundCloud has been funding its latest evolution through credit rather than raising new capital by selling further equity. Some analysts reckon that the SoundCloud company would have been in a stronger position had it been acquired by a major tech or media player before 2015, but the firm's high valuation coupled with licensing issues made such an acquisition unlikely as of last year. Debt financing possibly makes more sense given the current position.

Confirming its credit facility with Tennenbaum Capital Partners, which was seemingly struck up early last year, the digital firm told tech.eu that the financing deal was "an attractive option for companies like SoundCloud that have a solid credit rating, and offers an appropriate funding option for a company at our growth stage".

More sites blocked in the UK as FA secures injunction
The web-blocking party continues, with dozens more domains added to the big British blockade list, this time as a result of action by the Football Association and Premier League.

As much previously reported, web-blocking has become an anti-piracy tactic of choice in numerous countries where such blockades have been allowed, either by a change in the law or, as with the UK, by judges interpreting existing copyright rules as allowing injunctions that force internet service providers to block access to websites deemed to be liable for rampant copyright infringement.

Hundreds of sites have now been blocked in the UK, with the record industry - via trade body BPI - a prolific web-blocker, even though it was the movie industry which secured the key landmark ruling that allowed web-blocks in the first place.

The football industry has also adopted this approach and, according to Torrentfreak, the FA recently secured a new injunction forcing net firms to block access to dozens more piracy sites, most of which specialise in streaming or linking to unlicensed sports coverage.

Of course, the effectiveness of web-blocking is limited because users can usually access blocked sites via proxies, which are usually easy to find with a Google search.

The operator of one of the recently blocked sites, FirstRow, honed in on that fact when speaking to Torrentfreak about the web-block. "FirstRow will remain accessible for all other countries", they noted. "And UK users can use proxies or the thousands of other websites like ours that remain open".

However, rights owners remain committed to web-blocking, arguing that anything that makes accessing unlicensed sources of content just a little bit irritating makes legit channels more attractive, even if they require a subscription.

Though labels, studios and, no doubt, the football sector very much wish Google would play its part by delisting sites that have been blocked by the courts in any one jurisdiction. But they might have to wish harder if that's to ever happen.

BMG buys two Spanish pop catalogues
BMG has got in quick with its first acquisition of the year, having bought a stack of song rights from Spanish media firm PRISA. The deal includes, says BMG, "some of the most notable titles in Spanish pop history". And yeah, that includes 'Macarena', what of it?

BMG boss man Hartwig Masuch said he was "delighted" to be buying PRISA's Nova and Lirics & Music catalogues. Is this going to be the year of delight? No more thrills? "We are delighted to further build the strength of BMG in Spain", he told reporters. "Our investment in these classics of Spanish language music is a reflection of our long-term commitment both to the Spanish and Latin American markets and to creating a truly international music company".

BMG's MD for Spain and Portugal, Daniela Bosé, added: "This acquisition is a milestone for BMG as it builds its position as one of the most significant music companies in the Spanish language market. In recent years we have reached agreements with many renowned writers such as Pablo Alborán, Miguel Bosé, Macaco and Nacho Cano and are also investing in new and emerging talent. These two historic catalogues will further build our presence in the market".

South Korean messaging app owner takes control of local music service
The integration of content services into messaging apps remains an interesting evolution in digital entertainment, even if dabblings in this space in Western markets have so far been limited.

In the Asian market, we had the launch of Line Music in Thailand and Japan last year, a joint venture between messaging app Line and various record companies. Meanwhile major Chinese messaging app WeChat, from web firm TenCent, also has a music service.

Now the maker of KakaoTalk, the most popular mobile messaging app in South Korea, has taken a majority stake in Loen Entertainment, which operates local digital music service MelOn, seemingly with a plan to integrate the two services, both domestically and worldwide.

Confirming the deal, which will see Kakoa take 76.4% of Loen Entertainment, the former's CEO Jimmy Rim said: "By combining Kakao's various platforms and content services and Loen's leading music content, we expect tremendous synergy that could establish a strong foundation for global expansion".

Weekly airplay charts spin off from European Border Breakers Awards
Organisers of the European Border Breakers Awards, which celebrate new European talent enjoying success in countries other than their own, will this week officially launch the European Border Breakers Charts, which will do the same but on a weekly basis.

An alliance between Eurosonic Noorderslag and the European Broadcasting Union, the new charts will be based on airplay on 48 radio stations operated by EBU-affiliated broadcasters in 32 countries. Radio Monitor will do that tracking, with only emerging artists and tracks under two years old being tracked, and only when they are played in a countries other than the artist's own.

Got that? No? Really? You should pay more attention. Oh well, don't worry about the maths. You can just check out the charts - including standalone lists for new entries and songs that are 'bubbling under' - each and every New Music Friday (oh yes) at www.europeanborderbreakerscharts.eu.

Actually, there's already a chart up there from last Friday, but don't tell anyone. It'll ruin the official launch at the Eurosonic conference this week, where the annual Border Breakers Awards show also takes place.

Says Eurosonic Creative Director Peter Smidt: "As the hosts of the European Border Breakers Awards, this is a really exciting new tool for us. We all know how difficult it is for new talent to break through. We believe that these charts and the sub charts will help everyone to discover border breaking European talent in an early stage".

Meanwhile the EBU's pop chief, Laurent Marceau, added: "The European pop music scene is absolutely buzzing these days and 'border breakers' have become something to be reckoned with on the music and media landscapes. The European Border Breakers Charts will be a great tool for professionals and provide great information to music professionals, thereby helping the circulation of emerging and promising acts from all corners of Europe".

--------------------------------------------------

X-Factor should take a year off, says O'Leary
'The X-Factor' is looking a bit tired and could do with a rest. Not my words, people. Oh no. Those are the (somewhat paraphrased) words of Dermot O'Leary (formerly) off of 'The X-Factor'.

Speaking to the Radio Times, O'Leary said that the talent show is losing viewers because changes to the competition mean it now lacks the warmth of BBC rival 'Strictly Come Dancing'.

"If I was Simon I'd take it off air for a year", he said. "I'd rest it, and then I'd get back to the rooms. For me it was always room [auditions], arena, boot camp".

Of the recent updates to the show, he particularly singled out the 'Six Chair Challenge' - a kind of musical chairs where hopeful finalists are picked to go forward but can be removed in favour of others until six are decided upon - as a feature that should go. The gimmick was variously described by critics as "torture", "traumatic" and "brutal".

"I was really uncomfortable about the 'Six Chair Challenge'", says O'Leary. "I don't think it's a particularly nice bit of television. One of the reasons people like 'Strictly' is because 'Strictly' is a very warm show, and I think you've got to keep that in mind".

Yes, although you have to differentiate yourself as well, don't you? Maybe the problem is that 'X-Factor' just isn't tough enough. Isn't it about time Cowell went full 'Hunger Games' on the country's amateur singers?

  Approved: FEMM - PoW!
FEMM are back, and they're holding fast to their joyous if ludicrous gimmick of pretending to be mannequins (which is made even more ludicrous - and joyous - when they collaborate with other artists).

The duo will release a new EP featuring two new songs - 'PoW!' and 'LCS' - on 3 Feb. The CD release will also come bundled with their 2014 debut album 'FEMM-isation' (though if you already bought that record as a download you can opt for a special edition of the EP which comes with, well, a blank CD-R onto which you can burn the older tracks).

Daft as their mission to save mannequins from being oppressed by humans may be, it still doesn't overshadow the quality of FEMM's music. 'PoW!' is a great pop track with a solid earworm of a chorus, fed fat and showing no signs of coming back out of my head now it's bedded down.

Watch the video for 'PoW!' here.

Stay up to date with all of the artists featured in the CMU Approved column in 2016 by subscribing to our Spotify playlist.
CLICK HERE to read and share online
 

Blackstar always intended to be David Bowie's final album, says producer
Following the announcement of David Bowie's death yesterday, producer Tony Visconti told fans that he had always known that 'Blackstar' was intended to be a final musical offering from his long-time collaborator. The record was released last week, two days before the musician passed away.

"He always did what he wanted to do", wrote Visconti on Facebook. "And he wanted to do it his way and he wanted to do it the best way. His death was no different from his life - a work of art. He made 'Blackstar' for us, his parting gift. I knew for a year this was the way it would be. I wasn't, however, prepared for it. He was an extraordinary man, full of love and life. He will always be with us. For now, it is appropriate to cry".

As the new album was heard in a different light yesterday, many began to draw new meaning from its lyrics. And even more so from the video for second single 'Lazarus', also released last week, which added further hints that Bowie had stage managed his death - or at least told the unsuspecting world that it was coming.

Meanwhile, another Bowie producer, Brian Eno, also spoke of his memories and final contact with the musician yesterday.

"David's death came as a complete surprise, as did nearly everything else about him", he said in a statement. "I feel a huge gap now. We knew each other for over 40 years, in a friendship that was always tinged by echoes of Pete and Dud. Over the last few years - with him living in New York and me in London - our connection was by email. We signed off with invented names: some of his were Mr Showbiz, Milton Keynes, Rhoda Borrocks and The Duke Of Ear".

"About a year ago we started talking about 'Outside' - the last album we worked on together", he continued. "We both liked that album a lot and felt that it had fallen through the cracks. We talked about revisiting it, taking it somewhere new. I was looking forward to that".

He concluded: "I received an email from him seven days ago. It was as funny as always, and as surreal, looping through word games and allusions and all the usual stuff we did. It ended with this sentence: 'Thank you for our good times, Brian. They will never rot'. And it was signed 'Dawn'. I realise now he was saying goodbye".

There was, of course, a flood of David Bowie tributes yesterday, from tweets to longer statements, from anecdotes to favourite videos, to a mass sing-along in his birthplace of Brixton. Among the many announcements we all saw, it seems decent to note that Rough Trade has announced that all profits from the sale of Bowie's albums this month will be donated to Cancer Research.

--------------------------------------------------

Motörhead members explain absence from Lemmy's funeral
Motörhead guitarists 'Fast Eddie' Clarke and Phil Campbell have explained why they were both unable to attend the funeral of frontman Lemmy, who died last month, which took place on Saturday in LA.

Campbell told fans via Twitter that he had been "advised on doctors orders not to fly on such a longhaul flight due to my recent hospitalisation". Meanwhile, Clarke's reasons for staying in England seemed appropriate for the occasion, saying on Facebook: "I was unable to get a visa to go to Lemmy's funeral. I have past sins, which means it takes longer for me to get a visa and with being Christmas, there wasn't enough time".

Both men said that, like almost a quarter of a million others, they watched the service via the livestream on YouTube this weekend.

Capitol Records, Finetunes, Last Shadow Puppets, more

Other notable announcements and developments today...

• Nate Albert, a one time Mighty Mighty Bostone, is shifting from Universal's Republic Records, where he was SVP A&R, to be Exec VP A&R at the major's Capitol Records unit in the US. It's part of a bigger rejig at Capitol US that saw Ashley Newton become President last week, but also about ten people depart the label.

• Hamburg-based digital distribution company Finetunes has announced four recent appointments that, please note, "underlines its ambition to expand and establish business worldwide". I do hope that's noted. The hires are Peter Wohelski in the US, Abdullah Geels in the Netherlands, Michael Lambert in the UK and Laura Mikolajczak in France.

• The Last Shadow Puppets have released their first new music since 2008, a song called 'Bad Habits'. Their second album is due later this year.

• Courtney Barnett has released a new song, called 'Three Packs A Day'. Three packs of what? Noodles, obviously. She's also on the latest episode of the 'Song Exploder' podcast, deconstructing her song 'Depreston'.

• Anna Meredith has released another track from her upcoming debut album, 'Varmints'. This is 'Taken'. Oh, also, she'll headline the ICA in London on 29 Mar.

• Joanna Gruesome have announced three live dates in March. They'll play The Exchange in Bristol on 18 Mar, DIY Space For London on 19 Mar, and The Hope And Ruin in Brighton on 20 Mar.

Glenn Tilbrook discusses lyrical attack on David Cameron
Squeeze's Glenn Tilbrook has written about his decision to change the lyrics to the band's song 'Cradle To The Grave' during a performance on 'The Andrew Marr Show' this weekend. The switched verse attacked David Cameron's new housing policy, with the Prime Minister sitting feet away having just given an interview on the subject.

Criticising plans to demolish council estates and replace them with 'affordable' housing, Tilbrook switched the third verse of his song to: "I grew up in social housing, part of what made Britain great, there are some here who are hell-bent, on the destruction of the welfare state".

Both Marr and Cameron applauded heartily at the end, though it's not clear exactly what either was clapping at. However, Tilbrook has now revealed in an article for The Guardian that while he had entertained the idea of making the protest ahead of time, he had initially dismissed it. He then changed his mind while listening to Cameron discuss the policy, and wrote the new words in direct reaction to what he'd just heard.

"I didn't write any new lyrics in advance", he wrote. "But then, just ten minutes or so before we went on, I was listening to the interview he gave to Marr and he was talking about his housing policy. And I felt: 'I have to say something. I couldn't look myself in the eye if I didn't take this opportunity'. I didn't tell anybody what I was going to do - I didn't want to make anyone else nervous. But I just knew I'd hate myself if I didn't say something".

He added that he wasn't sure what effect the performance had at the time, but was "surprised" by the reaction afterwards: "There wasn't really any reaction to the performance in the studio. Cameron applauded - he's very professional. I suspect only the technicians and the rest of the band heard what I was singing - I think perhaps Marr and Cameron didn't hear the words at all. I didn't speak to either of them afterwards - I just made my excuses and left".

Read Tilbrook's full article here, and watch the full performance here.

 
ANDY MALT | Editor
Andy heads up the team, overseeing the CMU bulletins and website, coordinating features and interviews, reporting on artist and business stories, and contributing to the CMU Approved column.
Email andy@unlimitedmedia.co.uk (except press releases, see below)
   
CHRIS COOKE | MD & Business Editor
Chris provides music business coverage and analysis. Chris also leads the CMU Insights training and consultancy business and education programme CMU:DIY, and heads up CMU publisher 3CM UnLimited.
Email chris@unlimitedmedia.co.uk (except press releases, see below)
   
SAM TAYLOR | Commercial Manager & Insights Associate
Sam oversees the commercial side of the CMU media, leading on sales and sponsorship, and advising on CMU Insights training courses and events.
Email sam@unlimitedmedia.co.uk or call 020 7099 9060
   
CARO MOSES | Co-Publisher
Caro helps oversee the CMU media, while as a Director of 3CM UnLimited she heads up the company's other two titles ThisWeek London and ThreeWeeks Edinburgh, and supports other parts of the business.
Email caro@unlimitedmedia.co.uk
Send ALL press releases to musicnews@unlimitedmedia.co.uk - this is checked daily by the whole editorial team meaning your release will definitely get to the right person.

For details of the training and consultancy services offered by CMU Insights click here - Andy and Chris are also available to provide music business comment, just email them direct.

To promote your company or advertise jobs or services to the entire UK music industry via the CMU bulletin or website contact Sam on 020 7099 9060 or email ads@unlimitedmedia.co.uk
© UnLimited Media, a division of 3CM Enterprises Ltd

CMU, UnLimited Media, Kemp House, 152 City Road, London EC1V 2NX
t: 020 7099 9050 (editorial) 020 7099 9060 (sales)

publishing@unlimitedmedia.co.uk | complaints@unlimitedmedia.co.uk