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SOCAN, RE:SOUND Join To Simplify Performance Licensing
Source:
HypeBot
Canadian performance rights management organization SOCAN and no-profit music licensing company RE:Sound have launched Entandem, a joint venture aimed at simplifying licensing for retailers, restaurants, nightclubs and other businesses. The new JV will allow business owners and other organizations that use music to acquire the legally-required licenses for the use of that music with a single transaction Entandem will administer the licensing process as RE:SOUND and SOCAN do today, allowing songwriters, composers, publishers, labels and performers to collect royalties. Music ...
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UK Musicians Speak Out On Brexit
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HypeBot
UK trade association The Incorporated Society of Musicians has released a new report that chronicles how Brexit, the withdrawal of the UK from the European Union, will impact the music industry. According to the report, 50% of musicians surveyed by the study reported that their future work, mobility and visas, transportation of instruments and equipment, and health and social security had been impacted by Brexit. As well, 95% of those respondents indicated that the impact had been negative, up from ...
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Game Of Thrones Breaks Shazam Record
Source:
HypeBot
Proper placement in a show has long played a major role in boosting a song's profile, as recently evidenced by the Apple-owned music identification app Shazam, which busted through its previous record after the song “Jenny of Oldstones" was played over the credits of Game Of Thrones' most recent episode. Guest post by Bobby Owsinski of Music 3.0 When Apple acquired Shazam last year for a reported $400 million, it was using the song identifying platform as a way to push new users to ...
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Highlights From ASCAP Expo 2019
Source:
HypeBot
ASCAP began its 2019 “I Create Music" Expo with the announcement that total revenues for 2018 topped $1.227 billion, an increase of 7% over the previous year. $1.109 billion in royalties were paid to member songwriters, composers and publishers, up 10% year-over-year. Highlights Atlanta power players including producer Don Cannon (2 Chainz, Lil Uzi Vert, Jeezy), Capitol Music Group SVP of Global Creative Amber Grimes and Tunde Balogun of LVRN, the multi-faceted team behind D.R.A.M., Raury and 6LACK, discussed what ...
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Music Sync Is Ripe For Change [Mark Mulligan]
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HypeBot
Music sync is ripe for innovation and change, says MIDiA's Mark Mulligan, after extensive research of the sector, The number of music syncs is higher than ever and more platforms are seeking new music, but the market with a host of structural challenges. By Mark Mulligan of MIDia and the Music Industry Blog Florence and the Machine’s performance of Jenny of Oldstones, which appeared over the closing credits of the April 21st HBO’s Game Of Thrones episode, has registered the most Shazams in ...
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Copyright Directive: Can We Avoid Rotten Apples Through An Early Harvest? [Neil Turkewitz]
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HypeBot
Now that the EU Copyright Directive has (for better of for worse) passed into law, in this Op-Ed Neil Turkewitz takes a long and hard look at what the fallout from this new legislation, and looking ahead to how we can build a more creator-friendly world of fair compensation and voluntary licensing. Op-Ed by Neil Turkewitz from Medium The EU Copyright Directive has passed. Whether one opposed or supported it, that much has been settled. So where do we go ...
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Pandora Adds Ticketmaster Integration
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HypeBot
Pandora has partnered Ticketmaster to bring more concert dates to the platform. “In our ongoing effort to provide a comprehensive and seamless artist marketing experience, Pandora has partnered with Ticketmaster to transform live event promotion,” SiriusXM owned streamer said in a statement. According to Pandora, which plans to pull touring data in real-time from Ticketmaster’s API, artists will now be able to “communicate with their fans about live events easier than ever before.” The company added, “fans will now be ...
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ASCAP 2018 Revenue Up 7% To $1.2 Billion
Source:
HypeBot
ASCAP has announced that total revenues for 2018 topped $1.227 billion, an increase of 7% over the previous year. That's the second year in a row that ASCAP distributions crossed the $1 billion mark. $1.109 billion in royalties were paid to member songwriters, composers and publishers in 2018, up 10% year-over-year. US Revenue ASCAP domestic revenue from US music licensing surpassed the prior year by 7% to hit $906 million. Key licensing categories saw significant organic growth: Audio Streaming revenue ...
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