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Creative Industries

Main Stories — Week 21, 2022

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These are the main stories published by Creative Industries News in the previous week.

LEAD STORIES
Hong Kong’s new Copyright (Amendment) Bill 2022 to be discussed by the Legislative Council on June 8
IFPI and UAE sign ‘landmark’ MoU to support the continuing growth of the UAE’s recorded music business
GEMA CEO Harald Heker calls for a better remuneration from streaming services
France’s SCAM signs a licensing agreement with Meta covering all platforms
PRS for Music welcomes new elected Council representatives — MMF highlights a ‘disappointing’ lack of diversity
Takeaways from CISAC’s Annual Report 2022: Ukraine, data, priorities, lobbying
Sony Music will expand its Legacy Unrecouped Balance Programme — Rob Stringer
Matt PincusMUSIC has a $200 million war chest to invest in music businesses
NetEase Cloud Music posted revenues up 38.6% to RMB2.1 billion during Q1 2022
Slip.stream has raised $7.5m in a Series A financing round with contributions from Sony Music Entertainment and Third Prime
TikTok launches the beta version of a livestreaming service for creators with monetisation options

BRIEF NEWS
– Vladimir Putin has signed an executive order that will authorise Russian organisations to remunerate copyright holders in rubles
– Music Publishers Canada has urged parliamentarians to “quickly pass” Bill C-11
– Greek MEP Alexis Georgoulis is calling for an ambitious European policy to support creators
– Beatport has acquired LabelRadar
– iQiyi has posted revenues of RMB7.3 billion ($1.1bn) during the first quarter of 2022
– SACD and YouTube renew their licensing agreement for four additional years
– Leonine Studios acquires Berlin-based TV production company Hyperbole Medien
– Voicy secures €1.2m in pre-Seed round

DEALS
– Hipgnosis and Blackstone acquire the song catalogue of Justin Timberlake
– Sun Records makes catalogue available on Tracklib to be cleared and sampled
– Live Nation signs partnership with UMG’s Astralwerks and Capitol Records China for Chinese EDM label Fabled Records
– Universal Music Group‘s Astralwerks and Capitol Records China (CRC) have signed a licensing and distribution agreement for Live Nation’s Fabled Records
– Sony Music Publishing Nashville has signed Black River Publishing to a worldwide publishing administration deal

IN THE NEWS
– Chris Butler has stepped down from the Board of PRS for Music
– Jason Allen has been promoted to the role of Senior Director of Infrastructure Operations at Tunecore
– S10 Entertainment has promoted and appointed four key executives
– Genneah Turner has been appointed General Manager of the Featured Artists Coalition (FAC)
– Tomas Filip was named Managing Director of Universal Music Czech Republic
– Warner Music Group has appointed Mariah Mochiach as the General Manager of Warner Music Israel

INTERVIEWS

In case you missed it, Creative Industries News published recent Q&As with:
– Bruno Guez (Revelator)
Andrea C Martin (PRS for Music)
Cécile Rap-Veber (SACEM)
Molly Neuman (Songtrust)
Jordi Puy (Unison)
Olivier Chastan (Iconoclast)
Ken Umezaki (Verifi)
Spek (PopArabia)

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).

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Creative Industries

Believe promotes TuneCore’s Akhila Shankar to lead Artist Services business across India and South Asia

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Independent music company Believe has increase the remit of Akhila Shankar, who currently heads TuneCore India and South Asia, to also oversee its Artist Services business across India and South Asia. Shankar will take on the new role immediately and will continue to be based in Mumbai. In her new role she will focus "on artist development, deepening artist partnerships, expanding local capabilities, and building pathways for artists to grow both regionally and globally."

Believe's Akhila Sha...

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Creative Industries

Massive Attack sign global recording agreement with UMG’s Play It Again Sam

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Play It Again Sam, the Universal Music Group-owned music company, has signed British band Massive Attack to a global recording agreement. Play It Again Sam said the deal marks "a landmark partnership with one of the most influential and enduring acts in contemporary music." The band released five studio albums between 1991 ('Blue Lines') and 2010 ('Heligoland') through Virgin Records.

Massive Attack (Credit: Warren Du Preez)

“We’re honoured to welcome Massive Attack to Play It Again Sam," said...

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SACEM Day brings focus on AI as rights society celebrates its 175th anniversary

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French rights society SACEM celebrated its 175th anniversary by gathering at its headquarters in Neuilly-sur-Seine creators, policy-makers and industry personalities for the inaugural SACEM Day. The event was the occasion to reaffirm France's attachment to cultural exception, the sanctity of authors' rights, the need to enforce European cultural and tech sovereignty and the importance to establish a different framework for AI that respects the rights of creators.

SACEM"s Patrick Sigwalt

In hi...

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