CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, Spotify's plans to change the way it allocates revenues to individual tracks and catalogues each month, and the confirmation that digital is now the biggest driver of revenue for the song rights collecting societies.
SECTION TIMES
01: Spotify (00:04:35)
02: CISAC (00:18:27)
(Timings may be slightly different due to adverts)
STORIES DISCUSSED THIS WEEK
Spotify also in talks with industry to change track allocation process
Spotify is in talks with the labels and distributors about changing the way it allocates revenues to tracks each month - like with changes proposed by Deezer, Spotify’s plan will impact functional audio and hobbyist musicians
Chris Cooke
ALSO MENTIONED
Hipgnosis vote shock: 83.2% of shareholders vote against continuation
A significant majority of Hipgnosis Songs Fund shareholders have voted against continuation and also to eject the company’s chair Andrew Sutch
Chris Cooke
Global Collections Report 2023
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Download the CISAC report
