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Sony/ATV's Martin Bandier is threatening to withdraw all rights from ASCAP and BMI. Most major music publishers are looking to withdraw digital rights from the PROs and negotiate direct deals with digital services due to low royalty rates for publishers from digital services. Withdrawing digital rights from the PROs presents challenges to publishers like licensing to small businesses. Martin Bandier, the CEO of Sony/ATV has made it clear that if the Decrees are not amended he will “explore other options”. MORE: Over 700 Independent labels have come together against digital services to support fair deals for their recordings. This follows... Continue reading
Posted 4 days ago at hypebot
Image has raised $2 Million in funding from Charles River Venutures. Launched in December 2013 by CEO Shehzad Daredia, the startup music streaming service provides a single platform for users listen to any song from any music service. With Rdio, Beats, Deezer, Spotify, Youtube, and Soundcloud integrated into their system, is attempting to bridge the gap between the several growing music services that may have different catalogs available. The company has also verified several of their artists and included tour dates, song lyrics, and playlists in their profiles. They hope that artists will also use their link to reach... Continue reading
Posted Jul 11, 2014 at hypebot
Google has acquired Songza for a financial figure undisclosed to the public. Launched in 2010, the music streaming app is designed to curate playlists for a listener according to their mood. Unlike other competitors, Songza doesn’t use algorithms, they employ over 50 employees to create playlists for specific settings including weather, special activities, and moods. Google plans to bring on all of Songza’s current staff and eventually incorporate the service into Google’s “Google Play Music” and the new subscription based Youtube Music streaming service. Early investors in the company were music executives Scooter Braun and Troy Carter who manage the... Continue reading
Posted Jul 4, 2014 at hypebot
SoundExchange announced a record-setting first quartrer distribution of digital royalties. The independent performing rights organization announced that $162.4 million were distributed to artists and labels in the first quarter of 2014, marking their largest Q1 payment to date. The report also indicated that SoundExchange payments represented 8.4% of all recorded revenue in the US in 2013. MORE: Amazon Prime Music is now available for Prime members in the US. Amazon's new streaming service will compete with Spotify and Apple. According to Amazon, members will have access to over a million songs. Amazon hopes that the new service will increase Prime... Continue reading
Posted Jun 20, 2014 at hypebot
Apple has acquired Beats for $3 BIllion. After much negotiation, Beats Electronics and the new Beats Music Service was acquired for a purchase price of $2.6 Billion and roughly $400 Million to vest in time, a lower price than the $3.2 Billion earlier speculated. This is Apple’s largest acquisition to date and will generate millions for majority stake holders and co-founders Dr. Dre and Jimmy Lovine as well as 14% stake holder, Universal Music Group. Apple CEO Tim Cook is quoted saying that part of the Beats team will move to Apple including the co-founders and their team who will... Continue reading
Posted May 30, 2014 at hypebot
The 62nd Annual BMI Pop Awards were held Tuesday, May 13th at the Beverly Wilshire Hotel in Los Angeles. Songwriter and Publisher members of BMI spent the night celebrating the PRO's top songs in the pop genre. Stevie Nicks was honored with the BMI Icon award and a tribute performance was given by artists Adam Levine, Cheryl Crow, and Lady Antebellum among others. Other notable awards include Pop Song of The Year to Jeremy Fraites and Wesley Schultz of The Lumineers for their song “Ho Hey” as well as Pop Publisher of The Year to Sony/ATV. MORE: The First-Quarter rankings... Continue reading
Posted May 16, 2014 at hypebot
The NMPA has partnered with Rap Genius after months of legal controversy. Founded in 2009, Rap Genius has been getting major attention as it allows artists and fans to analyze lyric annotations and communicate in online forums. Up until now, the site has been in violation of copyright law by using unlicensed song lyrics. The NMPA sent take-down notices to Rap Genius as well as 50 other rising websites with similar unlicensed content. As of May 6th, the two parties have reached an agreement and will work together to allow the publishers under the NMPA to legally license their song... Continue reading
Posted May 9, 2014 at hypebot
(UPDATED) PRS For Music has released its overall numbers for 2013. The U.K. Performing Rights Organization increased their annual revenue by collecting £596 million in 2013 to distribute to its collective estimated 100,000 members. Public performance royalties were the highest for the PRO with a total of £162.3 million. The majority of this was from U.K. television and radio broadcasts. A new law was also passed this week within the U.K. Government to ensure that U.K. collection societies comply with a regulated “Codes of Practice” when negotiating performance licenses with businesses. MORE: Diane Warren received International Music Industry Person of... Continue reading
Posted Apr 11, 2014 at hypebot
Doug Morris will receive the Hitmaker Award from The Songwriter’s Hall Of Fame. Morris began his career in music in the mid 1960’s as a songwriter and producer for the publisher Robert Mellin and Laurie Records. During this time he wrote hits for The Chiffon and Brownsville Station. Later, in the 1970’s Morris moved to the business side of the industry and started the label Big Tree Records which was eventually acquired by Atlantic Records. Following this, he served executive roles at Warner Music Group, Universal Music Group, and Sony Music Entertainment. Morris was also the founder and former chairman... Continue reading
Posted Mar 14, 2014 at hypebot
Martin Bandier, CEO of Sony/ATV has written a public letter of complaint to the Academy of Motion Pictures. After the controversial elimination of the song “Alone Yet Not Alone” from the nominations for Best Original Song, the Academy failed to replace the song with the next runner up. This was due to an apparent rulein the Oscar rulebook that says a nominated song that is disqualified will not be replaced. In Bandier's letter, he calls for a formal petition to change the rule while also explaining how important a role music has played in the film industry over the years.... Continue reading
Posted Mar 7, 2014 at hypebot
The Songwriter Equity Act was introduced to Congress by Representative Douglas Collins on Tuesday, February 25th. The purpose of the bill is to update Section 114 and 115 of the Copyright Act that was written in 1909. This would allow songwriters, composers and publishers to receive fair compensation for their works in today's market place. An estimated two-thirds of a songwriter’s income today is heavily regulated by copyright law and consent decrees. This bill will help today’s songwriters and publishers get their fair share of mechanical and performance royalties. ASCAP, BMI, SESAC, and NMPA have all publicly praised this new... Continue reading
Posted Feb 28, 2014 at hypebot
This year’s Super Bowl featured more current hits in commercials than any Super Bowl in recent history. Advertising executives at top music publishers credit their label partners’ role in making more master recordings available this year. The use of newer music also meant higher synch revenue for artists, many of whom signed one-year broadcast-plus-online deals and charged as much as low-six figures apiece for both publishing and master fees. Downtown Music Publishing is opening a Nashville office and has hired industry veteran Steven Markland as Vice President of A&R to help launch. Led by Founder/President Justin Kalifowitz, New York City... Continue reading
Posted Feb 7, 2014 at hypebot
BMI publishers are exploring their options following last December's rate court ruling stating publishers that withdrew their catalog solely for digital licensing on Jan. 1, 2013 are no longer part of any licensing deals that expire as of Jan. 1 2014. They are faced with two options: stay with BMI and hope the DOJ is willing to amend its consent decree or negotiate voluntary licenses at a market rate with music services. While the first option isn't a solution to below-market royalty rates, the second option will drastically change the face of music licensing, which has traditionally been done via... Continue reading
Posted Jan 17, 2014 at hypebot
BMI prevailed over Pandora in a rate court ruling stating that the Internet radio service’s blanket license does not include compositions controlled by publishers that have withdrawn digital rights from BMI. In other words, unless Pandora removes songs from massive publishers including UMPG, BMG and Kobalt or negotiates direct deals by January 1, it will be in copyright violation. This BMI/Pandora ruling has the exact opposite consequences of September’s ASCAP/Pandora ruling. The DOJ’s Ethan Glass had said prior to the BMI rate court’s conclusion that if the two rulings applied different sets of rules to each PRO, the competitive imbalance... Continue reading
Posted Dec 20, 2013 at hypebot
Nominations for the 56th Grammy Nominations were announced on Sunday. Nominees for Song of the Year include Just Give Me A Reason, Locked Out Of Heaven, Roar, Royals and Same Love. You can find the songwriters and publishers nominated for their respective songs here. Winners of this year's American Country Awards were announced Tuesday Night. Songwriters Mark Irwin, Josh Kear, Brad Warren and Brett Warren took home Song of the Year honors for Highway Don’t Care. You can find the full list of winners here. Nominations for the 2014 Golden Globes Awards were announced Thursday morning. The nominees for Best... Continue reading
Posted Dec 13, 2013 at hypebot
The NMPA has agreed to temporarily shelve its takedown actions toward popular lyric annotation site Rap Genius. Last week, the NMPA sent take-down notices to Rap Genius and 49 other unlicensed lyric sites. However, in light of the site’s announcement of a licensing arrangement with Sony/ATV, both sides have agreed to meet for a productive and mutually beneficial agreement, rather than taking legal action. MORE: Sony’s Playstation 4, which hit American and Canadian stores last Friday, sold over 1 million consoles in 24 hours. Each PS4 has the capability to let gamers replace a game’s music with their own music... Continue reading
Posted Nov 22, 2013 at hypebot
Nashville celebrated country music this week with four major awards shows - the CMA, ASCAP, BMI and SESAC awards. SESAC’s Nashville Music Awards honored Keifer Thompson as Songwriter of the Year, Jesse Rice’s “Cruise” as Song of the Year, and Magic Mustang Music as Publisher of the Year. A full list of the night’s winners can be found here. MORE: ASCAP’s 51st Annual Country Awards honored Josh Kear as Songwriter of the Year, both Josh Kear & Chris Tompkins’ “Drunk On You” and Neil Thrasher’s “How Country Feels” as Songs of the Year, and Warner/Chappell as Publisher of the Year.... Continue reading
Posted Nov 8, 2013 at hypebot
Google’s YouTube is expected to launch a freemium, on-demand music streaming service before the year’s end. Sources report the service, which is designed with mobile usage in mind, will be similar to Spotify, but with video. Google already acquired most of the licenses required to launch the service in preparation for its Google Play Music All Access launch earlier this year. YouTube’s new streaming service is expected to launch before Beats Music, which may not launch until early 2014. STIM, Sweden’s PRO, has inked a deal with YouTube to pay Swedish artists, songwriters and rightsholders a percentage of ad revenue... Continue reading
Posted Oct 25, 2013 at hypebot
The Australian Competition and Consumer Commission (ACCC) is currently reviewing APRA’s virtual monopoly status in the field of performing rights acquisition and licensing. For APRA to continue its current statutory protection from court action under the competition provisions set forth in the Competition and Consumer Act 2010, the ACCC must determine that APRA’s current arrangement contributes more to public benefit than public detriment. In order to satisfy the public benefit test, the ACCC has decided APRA must make improvements and add transparency to its dispute resolution process, licensing schemes and ‘license back’ and ‘opt out’ facilities for direct licensing arrangements.... Continue reading
Posted Oct 18, 2013 at hypebot
BMI has released their latest fiscal report, which includes record-high revenue figures for the fiscal year ended June 30, 2013. Its $944 million in revenue and $814 million in royalty distributions are up 5% and 9%, respectively, from the previous year. BMI credits much of its positive growth to a 65% increase in new media revenues coming from Netflix, Hulu and others. International revenues constituted $297 million, over 30% of its total revenue. - More Music Publishing News: Apple’s iTunes Radio managed to reach 11 million users in less than one week. Apple’s big first step toward Pandora’s 72 million... Continue reading
Posted Sep 27, 2013 at hypebot
Michael Jackson's back catalog is moving from Warner/Chappell Music to Sony/ATV. Jackson's Mijac Music catalog, which also includes some of funk and soul's biggest hits, will now be under worldwide administration of the company he famously founded and his estate still co-owns. MORE: After last week's cease-and-desist by Silversun Pickups to Mitt Romney, former Republican presidential candidate Newt Gingrich is settling with songwriters of Eye Of The Tiger for using their hit during campaign rallies. Producers Marco Rodriquez and Andrews Correa have appeared in a court claiming Young Money, founded by Lil Wayne, has refused to pay mechanical royalties and... Continue reading
Posted Aug 24, 2012 at hypebot
Paul McCartney - and his holding company MPL Communications - is walking away from EMI Music Publishing. This week, Sir McCartney announced that Kobalt will henceforth handle administration and licensing of MPL Communications' catalog outside the US, Britain, and Ireland. As Universal looks at ways to push through its purchase of EMI, there's talk that iconic record label Parlophone - home to The Beatles and Coldplay - could be put on the table for sale. Bertelsmann AG - who have a joint venture for BMG Rights Management - has emerged as a potential suitor. Controversial UK rocker Pete Doherty has... Continue reading
Posted Jul 27, 2012 at hypebot
Music publisher BMG has removed from YouTube a Mitt Romney campaign advertisement citing copyright infringement - the video features President Obama singing Let's Stay Together, a song by Al Green controlled by BMG. Despite the takedown, duplicate versions of the ad have surfaced on YouTube. MORE: The PRS for Music - the UK's equivalent to Performing Rights Organizations such as ASCAP, BMI, and SESAC - has responded to claims about incorrect accounting of royalties. A judge in Virginia has awarded SESAC $276,000 after a classic rock station denied playing songs in SESAC's repertoire. The Harry Fox Agency and lyrics search... Continue reading
Posted Jul 20, 2012 at hypebot
The European Union is planning to introduce law to modernize the 250 collection societies on the continent to help the digital music industry. Sounds good on paper, but not everyone is pleased: artists such as Pink Floyd's Nick Mason and Radiohead's Ed O'Brien are "deeply disappointed by [the European Commission's] choice to defend the interests of a minority of managers and stakeholders". As part of a review on 'fair dealing', the Supreme Court of Canada has ruled that previews of online streams - such as those in the iTunes Store - will no longer generate royalties for songwriters and publishers.... Continue reading
Posted Jul 13, 2012 at hypebot
In the wake of last year's historic agreement between the NMPA and YouTube, the streaming video giant has now reached terms with major publishers to further monetize user-generated content featuring songs represented by those publishers. In theory, music by artists like Iggy Pop (BMG Rights Management) could now be available for hobby videographers to include in their works without infringement concerns. MORE: Clear Channel has signed a deal with Big Machine Label Group - home of Taylor Swift - to pay artist royalties (on the masters side) from terrestrial radio for the first time. Unlike publishers who collect performance royalties... Continue reading
Posted Jun 8, 2012 at hypebot