MONDAY 20 JUNE 2016
TODAY'S TOP STORY: Expect plenty of speculation about the future of streaming music company Guvera this week, following the news on Friday that the Australian Securities Exchange has blocked the firm's bid to float, despite said bid being approved by the Australian Securities And Investments Commission. As previously reported, when Guvera announced its plans for an IPO last month, the... [READ MORE]
 
TODAY'S APPROVED: Darkstar return with new EP 'Made To Measure' on 15 Jul, the follow-up to last year's acclaimed 'Foam Island' album. The four-track release includes collaborations with Gaika and Empress Of, the latter of which is the first single, 'Reformer'. "Lorely [aka Empress Of] came over to our studio in North London at the end of summer, where we played through... [READ MORE]
 
CMU TRENDS: Who the hell is buying all these CDs? In the final CMU Trends report based on presentations give by CMU Insights at The Great Escape this year, CMU Business Editor Chris Cooke looks at the physical market, and why CD sales remain healthier than we might have expected by 2016. To access CMU Trends become a premium subscriber for just £5 a month. [READ MORE]
 
CMU PODCAST: CMU's Andy Malt and Chris Cooke review the week in music and the music business, including all the goings on at the Led Zeppelin song-theft court case, Apple Music's big revamp announcement at Worldwide Developers Conference, Foo Fighters' insurance litigation and some pop-related EU referendum news. The CMU Podcast is sponsored by 7digital. [READ MORE]
TOP STORIES Australian Securities Exchange blocks Guvera IPO
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LEGAL Google and GoDaddy sign up to new US ad-industry-led anti-piracy initiative
Industry execs appointed to manage Prince legacy
The Pirate Bay's Swedish domain dispute to go to Supreme Court
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MEDIA BBC One and Gary Barlow hunt for Take That tribute act
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ARTIST NEWS Brian Eno calls on "complacent" Remain supporters to get out and vote
Meat Loaf "recovering well" after on stage collapse
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RELEASES Posthumous Viola Beach album to be released next month
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ONE LINERS Mabel, Patrick Doyle, Christina Aguilera, more
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AND FINALLY... Jake Bugg "can't really get excited about anything in the charts"
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RESIDENT ADVISOR - AD OPERATIONS EXECUTIVE (BERLIN)
RA seeks an ambitious and detail-oriented ad-operations executive with a passion for music. Taking ownership of RA’s ad operations you will be responsible for trafficking online creative, campaign management, tracking, optimising and reporting for all client digital advertising on Resident Advisor.

For more information including a full job description and how to apply click here.
   
PROPER MUSIC - E-COMMERCE CO-ORDINATOR (LONDON)
The E-commerce Co-ordinator will support the E-commerce Manager with all administration and operational processes required for Propermusic.com (PMC) to run effectively and efficiently. The successful candidate will be overseeing and managing the processing, picking, packing and despatching of all orders for PMC and other fulfilment services we offer to our clients.

For more information including a full job description and how to apply click here.
   
PURPLE PR - ENTERTAINMENT PUBLICIST (LONDON)
Purple, who look after publicity for a roster of high profile international and domestic clients including Adele, Beyonce, Grimes, Pusha T, Major Lazer, Lewis Hamilton and Zayn are seeking an Entertainment Publicist.

For more information including a full job description and how to apply click here.
   
BILLS PR - FREELANCE PUBLICIST (LONDON)
Bills PR has a position available for a Freelance Publicist to work across a range of clients and projects. The candidate should have at least two years music PR experience, covering both print and online.

For more information including a full job description and how to apply click here.
   
HART MEDIA - RADIO PROMOTIONS ASSISTANT (LONDON)
Hart Media is one of the UK’s leading Radio PR agencies. Our clients have included Joss Stone, Ward Thomas, Passenger, The Prodigy, Public Service Broadcasting, Sophie Ellis Bextor, Motorhead, Deaf Havana, Madness, Alison Moyet to name a few.

For more information including a full job description and how to apply click here.
   
FABRIC RECORDS / HOUNDSTOOTH - FABRICFIRST SECRETARY (LONDON)
The position involves managing the day-to-day running of the Fabric membership club, comprising electronic music lovers from around the World. The role is a mix of customer care through email, social media and telephone channels, database management, stock dispatching and control, and assisting on both fabric and Houndstooth record labels.

For more information including a full job description and how to apply click here.
   
FABRIC RECORDS / HOUNDSTOOTH - ASSISTANT ACCOUNTANT (LONDON)
Fabric Records / Houndstooth are looking for an Assistant Accountant to work alongside their MD, ensuring the smooth running of day to day finance operations. This is a great opportunity to develop your existing skills in a social, fast paced team within the much sought-after music industry.

For more information including a full job description and how to apply click here.
   
THE BREWHOUSE - EVENTS & LIVE MUSIC MANAGER (LONDON)
The Brewhouse at London Fields Brewery is one of East London’s most exciting event spaces. As the Events and Live Music Manager, you will be responsible for the booking, programming and promotion of our live music and club nights.

For more information including a full job description and how to apply click here.
   
PROPER MUSIC - NATIONAL ACCOUNT MANAGER (LONDON)
Proper Music Distribution is now the largest truly independent, full service distributor of music on all formats in the UK. Reporting directly to the Head of Sales, the National Account Manager’s role is to develop strong direct relationships with key domestic retail partners. Customers include HMV, Fopp, Amazon and supermarkets.

For more information including a full job description and how to apply click here.
   
PROPER MUSIC - ROYALTIES ACCOUNTANT (LONDON)
Proper Music Distribution is now the largest truly independent, full service distributor of music on all formats in the UK. The Royalty Accountant role exists to make sure that the companies’ contractual royalty obligations are interpreted accurately and on time.

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.
 
20 Jun 2016 CMU Insights Seminar: How Music Licensing Works
CLICK FOR INFO
27 Jun 2016 CMU Insights Seminar: The Music Rights Sector
CLICK FOR INFO
4 Jul 2016 CMU Insights Seminar: Merch, Live & Brands
CLICK FOR INFO
6 Jul 2016 CMU Masterclass: Navigating The Digital Market
CLICK FOR INFO
11 Jul 2016 CMU Insights Seminar: Building A Fanbase - Social Media Tools
CLICK FOR INFO
18 Jul 2016 CMU Insights Seminar: Building A Fanbase - Music Media
CLICK FOR INFO
25 Jul 2016 CMU Insights Seminar: Building A Fan-Orientated Business
CLICK FOR INFO
 

Australian Securities Exchange blocks Guvera IPO
Expect plenty of speculation about the future of streaming music company Guvera this week, following the news on Friday that the Australian Securities Exchange has blocked the firm's bid to float, despite said bid being approved by the Australian Securities And Investments Commission.

As previously reported, when Guvera announced its plans for an IPO last month, the prospectus it published set out in black and white just how challenging it is to get a streaming music service off the ground. Despite an attempt to position Guvera as being akin to a "major social media platform ... positioned ... to take advantage of the mobile advertising explosion", it was very hard to look beyond the debts that any new investors' money would be used to settle, not to mention the ongoing legal battles.

Many in the Australian investment community questioned whether the streaming firm should be allowed to list at all, given the debts, low revenues and high losses, with the Australian Shareholders' Association dubbing the business a "lemon". A revised prospectus was rushed together to overcome some concerns, though - ABC reports - it still revealed that the business would owe lenders $14.5 million even if it managed to raise the minimum of $50 million the IPO was setting out to achieve.

Although the ASIC green-lighted the revised prospectus, on Friday the ASX wrote to Guvera stating that: "We write to advise that the ASX has exercised its discretion to refuse the applicant admission to the official list. The ASX must be satisfied that a company is appropriate to be listed on ASX and can exercise its discretion to refuse admission even where a company otherwise satisfies all of the specific conditions for admission".

Responding to what is a highly unusual decision on the ASX's front, Guvera told reporters that the stock exchange had offered a meeting to discuss its thinking, and that meeting could take place this week. Meanwhile the digital music firm told reporters that it is "currently reviewing its legal options and obligations and will be communicating to the market when it is more informed about the position and course of action the company can take".

Either way, it's an undeniable blow to the streaming music firm and anyone who has so far pumped money into the company. Not least because, by attempting the IPO route, Guvera has confirmed its precarious position, and made it much harder to justify the argument previously put forward by management there that rivals in the streaming music space had given up too quickly on the ad-funded side of the business.

Guvera's problematic IPO attempt follows Deezer's decision to abandon its plans to float on the French stock exchange last year. And although that wasn't quite so dramatic as this debacle, Deezer too had to formally set out the challenges it faces before pulling back from its IPO bid. Deezer, at least, could fall back on some existing well-funded investors. But many will wonder whether these two incidents will have any impact on plans by the market leading streaming service Spotify to likewise IPO.

The streaming music start-ups all need significant scale for their business models to work of course, and Spotify is much further on in terms of achieving that scale than any of its competitors. Which means that Spotify, when it floats, will be looking for investment to help maintain rather than kickstart the crucial up-scaling.

Although it remains unknown as to just how much scale a Spotify needs to achieve to go into profit, and whether that is actually achievable. What Guvera seemingly confirms, is that even if that scale is achievable, only the minority of start-ups in this space will likely achieve it.

Google and GoDaddy sign up to new US ad-industry-led anti-piracy initiative
Google and GoDaddy have both signed up to a new initiative being led by the US advertising industry to try to stop piracy websites from benefiting from ad income.

The so called 'follow the money' approach to targeting online piracy - so trying to cut off the income of piracy set-ups - has been popular for a while in a number of countries, and especially in the UK where the City Of London Police's IP Crime Unit has been very vocal about this tactic over the years. The relatively new Trustworthy Accountability Group is now promoting these efforts in the US.

The organisation says its priorities are: "eliminating fraudulent digital advertising traffic, combating malware, fighting ad-supported internet piracy to promote brand integrity, and promoting brand safety through greater transparency".

And now tech firms Google and GoDaddy have both signed TAG's 'anti-piracy pledge', which means that they are committing to "take commercially reasonable steps to minimise the inadvertent placement of digital advertising on websites or other media properties that have an undesired risk of being associated with the unauthorised dissemination of materials protected by the copyright laws". Simple.

Though, TAG confirms to Torrentfreak, so far Google's commitment is as an advertiser itself, rather than as the operator of an ad-network that distributes other people's advertising to third party sites. Commitments from the Google ad-network are arguably more significant, though TAG says that it is working to achieve that too.

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Industry execs appointed to manage Prince legacy
Prince's long-time attorney L Londell McMillan and one-time EMI executive Charles A Koppelman have been appointed to manage the late musician's business affairs moving forward.

A Minnesota judge last week told the trust company currently overseeing Prince's estate that it could hire people from the entertainment industry to start the process of preserving, managing and exploiting the legendary artist's catalogue and legacy, while the courts try to figure out who should be beneficiaries of that work. As previously reported, with no will found, the courts are now trying to work out who Prince's heirs should be.

The judge told the trust that it should "take all prudent steps" to generate income from Prince's intellectual property, not least to cover the costs of administering the estate, and other related expenses, such as what is expected to be a sizable tax bill early next year.

McMillan was a long-time advisor to and friend of Prince, while Koppelman, who has led various media and entertainment businesses over the years, signed Prince while he was at EMI for the musician's first release after parting company with his original label Warner.

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The Pirate Bay's Swedish domain dispute to go to Supreme Court
The Pirate Bay co-founder Fredrik Neij is trying to take the long-running case over the file-sharing site's Swedish domain to the country's Supreme Court.

As previously reported, the Swedish authorities have been trying to seize control of thepiratebay.se for sometime. Its initial attempts led to the Bay jumping to an assortment of since suspended alternative domains, while a recent ruling in the Swedish Court Of Apple resulted in the piracy operation making thepiratebay.org its primary domain once again, leading to new action in the US to have that seized too.

But thepiratebay.se has continued to work throughout, as attempts to seize it have been caught up in various legal wranglings. The latest wrangling is Neij's attempt to take the matter to a final stage of appeal.

Initially Neij seemed annoyed that he was named in this case at all, arguing that he hadn't been involved in The Pirate Bay for some time, that he had transferred the domains in question to another party, and therefore he shouldn't be listed as a defendant.

Given Neij has previously served time for his involvement in the copyright infringing website, it seemed likely that a key worry for the Pirate Bay co-founder was that the latest domain action implied he was still involved in the site in some way.

Although, according to Torrentfreak, Neij's latest legal filing focuses more on specific technicalities in the court rulings on this issue so far, with regard to the legal status of domains and the people who register them.

Either way, if the Supreme Court does agree to hear this latest appeal - which it doesn't have to - it could mean thepiratebay.se working for some time yet.

BBC One and Gary Barlow hunt for Take That tribute act
BBC One has announced that it will fill the Saturday night void left by 'The Voice' moving over to ITV with a new talent show search to find the members of a Take That tribute act. No, really. This is a real thing. It really is. The show, created in partnership with Gary Barlow and going by the working title 'Let It Shine', will also be an advert for upcoming stage music 'The Band', in which the winning group will star.

Barlow will lead the judging panel, with three others still to be announced, while the programme will be hosted by Graham Norton and Mel Giedroyc. Obviously.

"Back in 1989, we were just a group of normal guys from Manchester who came together to become Take That", says Barlow. "The secret to our success was that each of us brought something different to the group and that the five of us had real chemistry. Now with 'Let It Shine' we're looking for people from all walks of life to form another unique group who can recreate that magic. If you think you've got what it takes, we want to see it!"

Controller of BBC TV channels and iPlayer Charlotte Moore adds: "BBC One's new Saturday night show will bring families together to celebrate Britain's love of musical theatre, combining singing, performance and dance in a hotly contested search to find a new group. Masterminded by Gary Barlow, our sensational hosts Graham and Mel will guide viewers through eight weeks of unmissable competition, all to win a dream place in a new stage show".

If that sounds like a thing you'd like to take part in, you can apply here.

  Approved: Darkstar x Empress Of
Darkstar return with new EP 'Made To Measure' on 15 Jul, the follow-up to last year's acclaimed 'Foam Island' album. The four-track release includes collaborations with Gaika and Empress Of, the latter of which is the first single, 'Reformer'.

"Lorely [aka Empress Of] came over to our studio in North London at the end of summer, where we played through [some] sketches we had", says James Young of Darkstar. "Lorely [then] played a load of her stuff and [we gave] her a beat called 'Fuck Waiting' that we'd been playing in some sets and wanted to do something with".

"She took it to the 4AD studio the next day and laid the top line on it" he goes on. "We got around to finishing it [in February] and I think she killed it. She's one of the most capable artists I've been in a studio with and a great person to be in that environment with".

So it's safe to say that they're pleased with the track. And rightly so. Empress Of lays her vocals over a backing of warped strings and ominous percussion, creating a close and unsettling mood that somehow still invites you onward.

The video for the track was released last week. Check it out 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
 

Brian Eno calls on "complacent" Remain supporters to get out and vote
Brian Eno has urged those who support the campaign for the UK to remain part of the European Union, but who were not planning on voting in the referendum this Thursday, to sort it out and get down to that polling station.

"Until recently I'd assumed there was no chance we'd vote to leave", wrote Eno in a Facebook post. "However, recent polls seem to be showing 'Leave' and 'Remain' are neck and neck. Some polls even show 'Leave' leading. You may have made up your mind and plan to vote (in which case ignore this letter), but if, like me, you've been complacent about the issue, it might be time to rethink".

"I have a lot of misgivings about the way the EU is run, but they don't make me want to ditch the whole idea", he added. "I feel the EU is one of the only restraints on the kind of neo-liberal market fundamentalism that has seen inequality rising throughout the world. I feel that it has been a net force for good in promoting enlightened social and environmental agendas. It could and should be doing a better job at all these things, but to do any job at all it needs our support".

Rallying less enthused Remainers again, he said: "The Leavers know they can count on their demographic - primarily older people - to get out and vote, whereas the 'Remain' demographic is less reliable (and more complacent). And the Leavers have LOTS of money: seems like a lot of very wealthy people are anxious to get out of the EU".

"I wonder why?" he asked. "Is it because many of the constraints on how badly you're allowed to treat workers have been put in place by the EU? Is it because the EU has insisted on environmental legislation which hampers the freedom-to-pollute of corporations and governments? Is it because the EU has established an international criminal court where all those people to whom we sell weapons might be called to account? Is it because the EU has tried to come up with some sort of humane response to immigration other than barbed wire and Trumpian walls?"

"The only good outcome of this referendum is that it might remind us what the original mission of the EU was, and might motivate us to actually make it happen", he concluded. "So, please vote. And please ask your friends to do the same".

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Meat Loaf "recovering well" after on stage collapse
Meat Loaf is recovering after collapsing on stage in Canada last week. In a statement, reps for the singer put the incident down to "severe dehydration", adding that after a brief stay in hospital he is "recovering well".

"Meat Loaf collapsed Thursday night due to severe dehydration near the end of his concert at the Northern Jubilee Auditorium in Edmonton, Alberta Canada", said the statement. "He was admitted to a nearby hospital to undergo routine tests. His vital signs are stable and normal - additional tests are being performed but he is responsive and recovering well".

On Monday last week, Meat Loaf cancelled a show in Calgary due to illness. Another show in Alberta the night following the musician's collapse was also cancelled. His next scheduled performance is at the Enmax Centre in Lethbridge, Canada tomorrow night.

Posthumous Viola Beach album to be released next month
A nine track compilation of songs recorded by Viola Beach is to be released on 29 Jul, it has been announced. All four members of the band and their manager were killed when their car fell into a canal in Sweden in February this year.

In a statement announcing the album release, the families of the band said: "We are tremendously proud of everything the boys achieved in such a short space of time. Craig, Jack, Kris, River and Tom shared a huge passion, talent and dedication to music. We believe the best way to celebrate our sons' lives is to release an album of their songs".

"This is their legacy and we know deep in our hearts that the boys would want the world to listen to the music they poured everything into", they continued. "This was only the beginning for them and these nine songs were written with every intention to be shared, heard and, most of all, enjoyed. We hope that it brings you as much happiness listening to it as we know it did to them making it".

First single 'Boys That Sing' is out now, listen here.

Mabel, Patrick Doyle, Christina Aguilera, more

Other notable announcements and developments today...

• Mabel has released a new video made in partnership with the Tate Modern, and directed by Holly Blankey. Watch here.

• Ex-Veronica Falls drummer Patrick Doyle has gone solo as Boys Forever. He's got an album out on 5 Aug, and here's first single 'Voice In My Head'.

Here's Christina Aguilera's new single 'Change'.

• Usher has released the video for new single 'Crash'.

• Tinie Tempah will release his new album, 'Youth', on 16 Sep. Here's a bit of new single 'Mamacita'.

• Wooden Arms have released a dark and surreal video for new single 'Burial', which you can watch here. They've got them some tour dates in July, starting at St Pancras Old Church in London on 1 Jul.

Jake Bugg "can't really get excited about anything in the charts"
Chirpy ray of sunshine Jake Bugg has brought yet more light into the world in a new interview with the BBC.

Asked about the possibility of his latest album, 'On My One', going to number one in the charts, he said: "Anyone can get a number one now. You only have to sell, like, 20,000 albums or something. If you speak to another band and you say, 'Oh, I had a number one album', they'll be like, 'Yeah, so did we, and John had one last week as well'. It's not really an achievement anymore. You know, the charts are the charts. I can't really get excited about anything I see in them".

It must be exhausting being that giddy with all the fun and joy running through your veins all day long. And well done to John for getting that number one album. We were all rooting for you.

Bugg, whose second album 'Shangri-La' peaked at number three, added that his new long player is a "make or break" release, saying: "This is a pretty brutal industry. If your record sales aren't great, you might not get the chance to make another one".

And then, having given such a conclusive view on the state of the record industry, Jake Bugg skipped off towards the horizon, laughing and singing all the way.

 
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
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