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Creative Industries

Universal Music Group in partnership with digital collectibles marketplace LimeWire

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In its initial incarnation and a peer-to-peer service, LimeWire had a few problems with rights holders, leading to the service shutting down; now, the platform is re-born as a digital collectibles marketplace and has signed a partnership with Universal Music Group (UMG).

As part of this partnership, UMG will provide licenses that will allow LimeWire to partner with UMG artists in order to launch music-based NFT projects utilising the LimeWire marketplace.

The two companies said they would...

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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

British industry reacts to CMA’s report on the economy of music streaming

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Different segments of the British music industry have reacted to the decision from the Competition & Markets Authority to abstain from moving into a full investigation into the economics of music streaming.

The CMA found that the market worked for consumers, but did acknowledge that there were issues related to the sharing of value from music streaming, which should be addressed by policy-makers.

Here's an overview of the comments:

Paul Pacifico, CEO of the Association of Independe...

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Creative Industries

Reservoir Media joins the ICMP board

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NASDAQ-listed independent music company Reservoir Media has joined the board of ICMP, the global trade body representing the music publishing industry.

Reservoir Media's President and Chief Operating Officer Rell Lafargue will join the ICMP board, chaired by Universal Music Publishing's Jackie Alway. Reservoir was founded in 2007 and represents over 140,000 copyrights and 36,000 master recordings.

“ICMP is delighted to welcome Reservoir President and COO Rell Lafargue to our Board. ...

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Creative Industries

Kobalt signs venbee to a global admin deal

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Kobalt has signed English songwriter and performer Erin Doyle, better known by her stage name venbee, to a worldwide publishing administration agreement. The deal includes global synch and creative services for her catalogue and future songs.

venbee's single 'low down' has reached over 13 million plays on Spotify streams since its release, as well as 24 million TikTok views. venbee said, “I’m very excited to start my first publishing journey with Kobalt, and I’m excited to continue writing s...

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