Business News - CMU | the music business explained (Page 105)

Business News • 3 min read

PACE welcomes court ruling on the live music tariff of Belgian collecting society SABAM

PACE Rights Management has welcomed a Belgian court ruling in a dispute between SABAM and concert promoters over its live music tariff and how it calculates fees.…

Chris Cooke • 15 Sep 2022

Business News • 1 min read

One Little Independent partners with FUGA

FUGA has partnered with One Little Independent to provide distribution and global marketing services ahead of Björk’s album ‘Fossora’ at the end of September.…

Andy Malt • 15 Sep 2022

Business News • 1 min read

Tencent Music confirms secondary listing on Hong Kong Stock Exchange

Tencent Music Entertainment will begin trading its shares on the Hong Kong Stock Exchange, a secondary listing alongside its existing New York listing.…

Chris Cooke • 15 Sep 2022

Artist News • 4 min read

One Liners: Björk, Fred Again, Loyle Carner, more

A roundup of deals, appointments, releases and gig news, including Round Hill’s acquisition of Bruce Fairbairn’s recording royalties and senior moves at Warner, Sony and Universal.…

Andy Malt • 15 Sep 2022

Business News • 1 min read

Reservoir and PopArabia acquire Voice Of Beirut

Reservoir and PopArabia have acquired Lebanese label and publisher Voice Of Beirut, the largest Middle East acquisition by catalogue size for the pair so far.…

Andy Malt • 14 Sep 2022

Business News • 2 min read

Activist shareholder calls on Warner Music to hand over files on sexual misconduct allegations

Former Atlantic Records A&R Dorothy Carvello, a Warner Music shareholder, has requested company records on sexual misconduct and royalty allegations under Delaware law.…

Andy Malt • 14 Sep 2022

Business News • 3 min read

Universal Music announces another revamp of its distribution and label services business

Universal Music has acquired mtheory Artist Partnerships and created a new Virgin Music Group combining its label services and Ingrooves businesses.…

Chris Cooke • 14 Sep 2022

Business News • 2 min read

Sony Music rebrands the neighbouring rights agency it bought from Kobalt

The neighbouring rights agency formerly known as Kobalt Neighbouring Rights is now called Kollective Neighbouring Rights, and is launching a new platform powered by The Orchard.…

Chris Cooke • 14 Sep 2022

Business News • 1 min read

YouTube paid out $6 billion to the music industry over the last year

YouTube says it paid over $6 billion to the music industry in the twelve months to June, with 30% from user-generated content, and aims to become the top music revenue source by 2025.…

Andy Malt • 14 Sep 2022

Artist News • 3 min read

Lizzo can keep $5 million fee from COVID cancelled Virgin Fest, judge rules

A judge has ruled Lizzo can keep her $5 million fee from the cancelled 2020 Virgin Fest LA, because WME amended her contract before the pandemic.…

Chris Cooke • 13 Sep 2022

Artist News • 3 min read

Childish Gambino hits back in This Is America song theft legal battle

Childish Gambino has asked a court to dismiss a lawsuit claiming 'This Is America' copies Kidd Wes's 2016 track 'Made In America', arguing the similarities are unprotectable.…

Chris Cooke • 13 Sep 2022

Business News • 1 min read

Alan Davey to step down as Controller of Radio 3

Alan Davey will step down as Controller of BBC Radio 3 and the BBC’s orchestras, choirs and Proms next March after more than eight years in the role.…

Chris Cooke • 13 Sep 2022