Creative Industries
Main stories — Week 29, 2022
Here’s a list of the main stories published by Creative Industries News in the past week.
LEAD STORIES
> European Commission launches a ‘call for evidence’ on the remuneration of sound recordings from non-EU countries
> Reps. Johnson and Bowman introduce the RAP Act to protect artists from the wrongful use of lyrics in court cases
> Nigeria’s National Assembly has passed the New Copyright Act of 2022
> US Federal Trade Commission sues to block Meta’s acquisition of Within Unlimited
> DACS expresses ‘concern’ at the UK’s new text and data mining exception to copyright
> Bright House Networks and major record labels settle copyright infringement case
> OpenPlay’s Sessions tool set now supports the uploading and storage of stem files
> 7digital and Utopia Music sign data pact
> TPG invests in data platform Musixmatch
> Universal Music Group posted consistent growth in revenues in Q2 2022
> Spotify cruises through Q2 2022 with growth in subscribers and revenues
> Serenade launches new NFT music format Digital Pressing with a release from Muse
> MELON closes $5 million seed round
> Meta Platforms posted first year-on-year decline in revenue — CEO Mark Zuckerberg blames ‘economic downturn’
> Alphabet’s revenues were up 13% while profits were down 14% in Q2 2022
> Snap launches the Snapchat Sounds Creator Fund to help emerging artists
> Facebook introduces a Music Revenue Sharing scheme for video creators
BRIEF NEWS
– Qatar takes on the Presidency of the Executive Committee of the Berne Union
– The US Copyright Office has expanded access to the general public for the electronic processing of documents
– BREIN settles with four IPTV providers
– IMPEL and CMRRA/SX Works are finalising a strategic partnership
– MCPS announces a 10% reduction in its commission rates for all members
– BMI renews partnership with C3 Presents
– Mandolin launches Fan Navigator and Fan Pages to activate fandom and drive revenue
– Vivendi plans to divest from Editis to secure the acquisition of Lagardere Group
– ByteDance files for ‘TikTok Music’ trademark with the USPTO
– Overtune has closed a $2 million seed round
– Amazon grows advertising revenues in Q2 2022 despite tougher market conditions
– Apple’s total subscriptions jumped 23% to 860 million at the end of June 2022
DEALS
– Warner Chappell Music signs Stromae’s Mosaert to a worldwide administration deal
– BAM Music acquires French production music specialist Encore Merci
– Exceleration closes its first deal in Europe with the acquisition of Dutch indie Heroic Music Group’s catalogue
– Reservoir acquires music rights catalogues from Guns N’ Roses drummer Matt Sorum
– Sony Music Publishing signs Em Beihold to a worldwide publishing agreement
– Kobalt renews global publishing admin agreement with Rogét Chahayed
– Made in Memphis Entertainment inks publishing deal with Power Entertainment
IN THE NEWS
– SoundExchange has promoted Luis Bonilla to Chief Technology Officer
– The RIAA has hiried Erin Burr as VP of Media Relations; Jonathan Mancera as Digital Strategist; and Ashley Donald as Studio and Stage Manager
– Gary Helsinger has been appointed SVP Licensing & Creative at Melodie
– Soundstripe names Josh Collum as Senior Director of Publishing in Nashville
– Chris Mohr named Interim President of the Software and Information Industry Ass.
– PRS for Music has appointed Laura Mvula to the society’s Members’ Council
– Beatport appoints Matt Gralen as CFO
– PPL has promoted Kate Reilly to Chief Membership and People Officer
– Curve Royalty Systems adds Mhairi Palmer and Britt Timmerman to its executive team
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)
The New York Times’ Hannah Poferl named Chief Data Officer at Universal Music Group
Merlin unveils its new Board as Charlie Lexton starts his mandate as CEO
Sony Music Publishing and Amusement sign Jon Buscema to a global agreement
The MLC plans webinars to show members how to use tools to manage song data
Six takeaways from The MLC’s first annual report for 2021: distributions, membership, matching rates, processed works, historical unmatched works and expenditures
Cécile Rap-Veber (SACEM): ‘We are a solutions provider to create value, a tech company, and we are less and less seen as some sort of cultural institution’
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Collective Management Organisations3 years agoThe MLC plans webinars to show members how to use tools to manage song data
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Collective Management Organisations3 years agoSix takeaways from The MLC’s first annual report for 2021: distributions, membership, matching rates, processed works, historical unmatched works and expenditures
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Collective Management Organisations4 years agoCécile Rap-Veber (SACEM): ‘We are a solutions provider to create value, a tech company, and we are less and less seen as some sort of cultural institution’
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Interview4 years agoOlivier Chastan (Iconoclast): ‘Name, image and likeness will be as important as music rights in the future’