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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

Music deals — Week 37, 2022

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Blackway and the Position/Hive team

Ghanian rapper Blackway has signed an exclusive global record and co-publishing deal with Position Music/Hive Music. Blackway is most known for his work on the single ‘What’s Up Danger’ with Black Caviar, which was featured in the 2018 film ‘Spider-Man: Into the Spider-Verse’. “For about a year and a half, the entire team at Position Music and Hive Music have shown me immense support and provided me with amazing opportunities,” says Blackway. “They have he...

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Creative Industries

Quotes of the week — Week 37, 2022

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"I don't know what to say. What a dump."By Elton John, taking to the stage at the White House where he was presented by President Joe Biden with the National Humanities Medal, during an event on the South Lawn of the White House, drawing laughter from the audience. He went on to perform 'Your Song', 'Rocket Man', 'Tiny Dancer' and 'Crocodile Rock'. John was unaware that he was receiving a medal as President Biden and first lady Jill Biden invited him to the White House to thank him for his musi...

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Creative Industries

Key figures — Week 37, 2022

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1.68 billion

That's the estimated number of SVoD subscriptions in the world by 2027, up from 1.2 billion in 2021, according to a report from Digital TV Research. By 2027, SVoD global revenues will reach $132 billion.

€364.4 million

That's the value of the French recorded music market in the first half of the year, up 8.2% compared to the same period the year before, according to statistics published by trade organisation SNEP. Digital accounted for €282m during the period, up 14% year-...

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