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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

Creative Europe-backed Artistic Futures launches to help rights holders detect unclaimed royalties

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Seven companies from six European countries active in the music sector have joined forces to launch Artistic Futures, a new initiative designed to create an "AI-powered platform to help independent songwriters, labels and publishers detect unclaimed royalties, fix broken metadata, and take control of their rights across borders and collection societies." The promoters of the project have the ambition to tackle what they consider as "one of the music industry’s most persistent problems: the hundr...

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Notting Hill Music signs drum & bass artist Sota to a global publishing deal

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British independent music publishing company Notting Hill Music has signed Tom Southon, the up-and-coming drum & bass artist known as Sota, to a global publishing agreement that covers his catalogue and future works worldwide. Notting Hill Music said the new deal will see the company focus on "developing Sota’s catalogue globally, expanding songwriting opportunities and supporting the continued growth of the project as it enters its next phase." Notting Hill Music will work closely with Sot...

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Symphonic expands by offering tailored financial solutions and access to capital to artists, managers, labels and rights holders

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Independent distribution and services company Symphonic has launched Symphonic NEXT, a new initiative to provide clients with tailored financial solutions, including flexible royalty advances, partial or full catalogue sales, strategic partnerships, and long-term distribution support. As part of the initiative, Tampa, Florida-based Symphonic will work closely with artists, managers, labels, and other rights holders "to evaluate their catalogues, identify opportunities to enhance value, and dete...

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