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Creative Industries

SAG-AFTRA celebrates one million direct deposits worth $200m to its members

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By Emmanuel LegrandUS entertainment union SAG-AFTRA, which manages on behalf of its members residuals payments, has been switching gradually to a direct-payment system with payment-processing company Exactuals providing direct deposit of members' residuals. At the end of September, SAG-AFTRA said it had processed over one million deposits, representing some $200 million in direct deposits, into members' bank accounts since it launched the scheme nationally on May 1, 2019. SAG-AFTRA said that f...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Creative Industries

Taylor Swift tops IFPI’s 2023 Global Recording Artist of the Year Award

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Taylor Swift was the winner of IFPI’s 2023 Global Recording Artist of the Year Award, which is based on artist’s or group’s worldwide sales across streaming, download and physical music formats during the calendar year and covering their entire body of work, according to the International Federation of the Phonographic Industry..

This year marks the 11th year of the IFPI Global Recording Artist of the Year Award, with Swift being the artist who has topped the chart more than any other arti...

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Creative Industries

Position Music acquires selected publishing works of French artist Gesaffelstein

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Independent music company Position Music has acquired a portion of the publishing catalogue of French artist, DJ and producer Gesaffelstein, a.k.a. Mike Levy. Terms of the deal were not disclosed.

Gesaffelstein retains his future royalties and is currently signed to Sony Music Publishing and Columbia Records. In the agreement, Position Music will own and administer the publishing rights of Gesaffelstein's catalogue prior to his Sony Music Publishing deal, giving Position Music publishing rig...

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Creative Industries

Kings of Convenience sign with p.r.o. agency for their global neighbouring rights

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German neighbouring rights management agency p.r.o. agency has signed Norwegian duo Kings of Convenience — Erlend Øye and Eirik Glambek Bøe — to a representation agreement for their neighbouring rights, The deal also includes Øye's neighbouring rights as a solo artist.

Erlend Øye and Eirik Glambek Bøe commented: "We are very pleased to be part of p.r.o. agency and to work with their team." p.r.o. agency will now collect on behalf of the band royalties from the use of their sound recordings b...

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