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Creative Industries

Merck Mercuriadis pledges to lift songwriters from the bottom to the top of the economic equation

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Merck Mercuriadis has invested over two billion dollars in buying music assets through Hipgnosis Songs Fund, his London-listed company, to become one of ther fastest growing new music rights companies.

He is also a man with a mission. On the same day that Universal Music Group was introduced on Euronext Amsterdam, he renewed his commitment to improve the status of songwriters in the music equation and ensure that songwriters "get paid a bigger percentage of the money flowing into (and back o...

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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).

Copyright & Regulation

US House of Representatives passes the TICKET Act to regulate concert ticket prices

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The United States House of Representatives passed the Transparency In Charges for Key Events Ticketing Act or TICKET Act, which will "require sellers of event tickets to disclose comprehensive information to consumers about ticket prices and related fees, and for other purposes."

The bipartisan bill was passed by 388 votes and 24 against (all 24 being Republicans). The law — which has to go through the Senate for approval — will require that, beginning 180 days after the date of the enactme...

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Creative Industries

PMY Group partners with music recognition technology company Audoo

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Technology solutions provider PMY Group has sealed a global partnership with music recognition technology company Audoo. PMY plans to integrate Audoo Audio Meter into large-scale events.

"This collaboration marks a new era in live event technology and royalty management, enhancing public performance reporting," said the company in a statement. The purpose of the agreement is the reduce the level of unclaimed royalties from the use of music during events, in particular the events taking plac...

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Creative Industries

Todd Goodwin promoted to Senior Vice President, Culture Marketing and Creative Strategy at Universal Music Group

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Universal Music Group has promoted Todd Goodwin to the position of Senior Vice President, Culture Marketing and Creative Strategy. Based in Santa Monica, Goodwin continues to report to Michele Anthony, Executive Vice President of Universal Music Group.

In his new role, Goodwin will continue to lead and expand the °1824 Creator Network, UMG’s creative solutions division launched in 2019 focused on the connection of artists and brands directly to fans through storytelling and experiences. He w...

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