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Creative Industries

Main stories — Week 30, 2022

Published

10 months ago

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These are the top stories published this week by Creative Industries News.

LEAD STORIES
> Canada plans to introduce a resale right for visual artists in the amended Copyright Act
> US Copyright Office concludes against adopting deferred registration examination process for copyright applications
> UK Music calls for British Conservative leadership contenders Liz Truss and Rishi Sunak to support six key pledges to grow the industry and help drive jobs
> California district court denies motion to dismiss from YouTube in copyright case filed by composer Maria Schneider
> Six takeaways from The MLC’s first annual report for 2021
> DACS distributed £17.2 million in royalties to 79,000 visual artists and estates in 2021
> ONErpm launches new publishing administration service ONE Publishing
> Warner Music Group Q2 2022 revenue affected by slower streaming growth
> Believe’s revenues for H1 2022 were up 35.4% year-over-year to €352.2 million
> Warner Bros. Discovery to merge HBO Max and Discovery+ in the summer of 2023
> Concord acquires independent Australian music publisher Native Tongue and sets up shop in the Australasian region

BRIEF NEWS
– Rep. Rashida Tlaib proposes legislation to guarantee a minimum royalty payment to musicians for the streaming of recordings
– BREIN’s Annual Report 2021 illustrates the ongoing popularity of torrent sites, cyberlockers and illegal IPTV platforms
– SoundExchange has distributed $230.4m in digital royalties to creators in Q2 2022
– Crunch Digital has launched a beta version of music publishing clearance platform Tempo
– MUSO has received a $3.2 million investment from Puma Private Equity
– Distiller Music Group opens new division dedicated to Virtual Reality projects
– MUSEXPO to be held in Burbank, CA March 19-22, 2023 with a focus on A&R and sync
– Livestreaming platform FanTracks Digital has acquired London-based Jazzed
– US gaming market down 13% in Q2 2022
– SoundCloud will reduce its workforce by 20%
– Sony’s Crunchyroll has acquired anime publisher and distributor Right Stuf
– Cyanite raises €800,000 in a seed round
– Walmart in talks to add a video streaming service to its Walmart+ programme

DEALS
– Big Machine Music signs Anna Vaus to an exclusive songwriting agreement
– Dru ‘Falconry’ DeCaro signs global publishing deal with Position Music
– Bucks Music Group signs songwriter Marvee Woods to a global publishing deal
– BMG is acquiring German independent record label Telamo specialised in Schlager music

IN THE NEWS
– Geoff Taylor will leave the BPI in 2023 for ‘a more directly commercial role’
– Sarah Landy has been appointed as SVP Americas of digital distributor FUGA
– ASCAP has promoted Deepak Mohite to Chief Technology Officer
– Merlin has appointed Kyle Elwin to the a newly-created role of People & Culture Lead
– Creative Artists Agency has appointed Joanna Popper as the talent agency’s first Chief Metaverse Officer
– PULSE Music Group has promoted Annie Aberle to Vice President, A&R
– Universal Music Group has promoted Frederic Voillemot to CFO and EVP of Business Development for Africa, Middle East, and Asia

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)

Related Topics:

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

Hailey Willington named Diversity, Equity and Inclusion Manager at the UK’s BPI

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June 6, 2023

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British record labels association the BPI has appointed Hailey Willington to the newly-created post of BPI Diversity, Equity and Inclusion Manager.

Willington, who started in the new role on 1st June, reports to BPI Chief Operating Officer MJ Olaore. She was previously Diversity, Equity, and Inclusion Leader at Merton Music Foundation. Willington commented: “I am thrilled to be joining the BPI to help further the progress of the important diversity, equity, and inclusion initiatives that ha...

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Creative Industries

South Korea’s HYBE plans to raise $380 million to fund acquisitions in the US

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June 5, 2023

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South Korean music company HYBE is seeking to raise around 500 billion won ($380 million) to fund acquisitions in the US and expand its business beyond K-pop, according to a report from Blomberg.

HYBE, home to the band BTS, has already shifted in the past two years from a mainly South Korean-centric company to a player with a larger footprint, thanks to investments in Japan and in the US, where it is now the owner of Scooter Brown's Ithaca Holdings in a deal that included management company...

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Directors Guild of America reaches an agreement with Hollywood studios

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June 5, 2023

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The Directors Guild of America (DGA) has reached a tentative agreement on the terms of a new three-year collective bargaining agreement with the Alliance of Motion Picture and Television Producers (AMPTP), which represents the Hollywood studios, including Netflix and Amazon.

The agreement, which will be submitted to DGA National Board at special meeting on June 6, includes higher wages, a substantial increase in residuals from SVoD, and a determination the "AI is not a person."

The...

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