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Leadership changes at Exactuals with President/COO Bryan Walley promoted to CEO and Mike Hurst becoming Chairman

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Exactuals has promoted President and Chief Operating Officer Bryan Walley to CEO of the rights management company, taking over from Co-Founder and CEO Mike Hurst, who will transition into the role of Chairman.

Based in Los Angeles, Walley will report directly to Verna Grayce Chao, Executive Vice President at City National Bank, the parent company of Exactuals. Walley has served as COO for eight years and President for almost two years. In this role, Walley will lead all day-to-day aspects of...

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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).

Collective Management Organisations

PPL paid out £244.9 million to performers and labels in 2022, up 7.1% over 2021

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British neighbouring rights society PPL has distributed £244.9 million (€278.3m) to its members — performers and owners of sound recordings — and other collective management organisations in 2022, up 7.1% over 2021's £228.7m.

PPL said the figure marks the second highest total of monies paid out by PPL in a calendar year, the highest being £260.2m in 2020, a total achieved thanks to the record collections of £271.8m the previous year in 2019, before the adverse impact of the COVID pandemic.
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Orfium acquires cue sheets management company Soundmouse

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Music technology platform Orfium has acquired London-based Soundmouse. The deal — the terms of which were not disclosed — brings together "the global market leaders in digital music and broadcast rights management and reporting," according to Orfium.

Orfium said that the combination of Soundmouse’s leadership in cue sheet management and monitoring for the broadcast and entertainment production space with Orfium's expertise in UGC tracking and claiming for publishers, labels and product...

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Revelator picks Stripe to provide NFT payment infrastructure

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Rights management platform Revelator has partnered with Stripe to provide payment infrastructure for NFTs.

Stripe will allow people to use a credit card to purchase digital collectibles directly from artists, with no additional digital wallet required. "By offering fans the ability to purchase using their credit cards, Revelator has optimised for simplicity and conversion of web2 users into web3 buyers," said the company in a statement.

Revelator’s platform has integrated web3 functio...

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