Business News - CMU | the music business explained (Page 64)

Business News • 2 min read

Music Venue Trust annual report says grassroots venues are "operating on razor thin margins" and often "struggling to survive"

Music Venue Trust's annual report finds grassroots venues employ 30,000 people and staged 177,000 events in 2022, but average profit margins are just 0.2%.…

Chris Cooke • 31 Jan 2023

Business News • 2 min read

TikTok CEO to address the concerns of US Congressional committee at hearing next month

TikTok CEO Shou Zi Chew will face questions from the House Energy and Commerce Committee in March over data security, child safety and links to the Chinese government.…

Chris Cooke • 31 Jan 2023

Business News • 2 min read

Hartwich Masuch to step down as BMG CEO, replaced by CFO Thomas Coesfeld

Hartwig Masuch will step down as BMG CEO at the end of the year, with CFO Thomas Coesfeld taking over, and Masuch remaining with Bertelsmann in an advisory role.…

Andy Malt • 31 Jan 2023

Business News • 2 min read

Rinse FM acquires Kool FM

London station Rinse FM has taken over Kool FM and its Jungle Fever events from co-founder Eastman, who is retiring from radio.…

Chris Cooke • 31 Jan 2023

Artist News • 3 min read

One Liners: Metallica, ie:music, Madonna, more

Peermusic signs The Reytons, ie:music's Tim Clark steps back, Warner Chappell signs Shirin David, and IFPI appoints a new Latin America director.…

Andy Malt • 31 Jan 2023

Business News • 2 min read

"Strong possibility" Brixton Academy crowd crush investigation will result in criminal charges, police say

Police investigating the fatal Brixton Academy crowd crush say criminal charges are a strong possibility, with the inquests expected to take years.…

Chris Cooke • 30 Jan 2023

Business News • 2 min read

Termination right case against Universal Music denied class action status

A US judge has refused class action status to a termination rights lawsuit against Universal Music, ruling each artist's claim depends on individual contract details.…

Chris Cooke • 30 Jan 2023

Business News • 2 min read

Comedy rights agency seeks court sanctions against Pandora in ongoing copyright dispute

Spoken Giants has asked a US court to sanction Pandora and its lawyers over claims made in an amended complaint in the ongoing comedy copyright dispute.…

Chris Cooke • 30 Jan 2023

Business News • 2 min read

Bauer might be fined for switching off Absolute Radio on AM while OfCom licence still active

OfCom is considering revoking Bauer Media's national AM licence for Absolute Radio, after Bauer stopped broadcasting on AM, and may impose a financial penalty.…

Chris Cooke • 30 Jan 2023

Business News • 3 min read

CMU Digest 29.01.23: Spotify, Live Nation, merch commissions, Rick Astley, Warner Music

CMU's weekly digest covers Spotify's 6% workforce cut, the Live Nation Congressional hearing, a venue merch commission U-turn and Rick Astley's publicity rights lawsuit.…

Chris Cooke • 29 Jan 2023

Artist News • 2 min read

Rick Astley says Yung Gravy track infringed his publicity rights

Rick Astley has sued Yung Gravy, claiming a soundalike singer imitating his voice on Betty (Get Money) infringed his publicity rights.…

Chris Cooke • 27 Jan 2023

Artist News • 3 min read

Man who sued over Cardi B mixtape cover featuring his tattoo wants another trial

Kevin Brophy, who lost his lawsuit over Cardi B's use of his tattoo on a mixtape cover, has requested a new trial, citing prejudicial legal errors.…

Chris Cooke • 27 Jan 2023