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Creative Industries

Main stories — Week 34, 2022

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

LEAD STORIES
GEMA study shows music creators receive about 22% of streaming net revenues
The UK’s CMA plans to launch an in-depth probe into Microsoft’s $69 billion acquisition of Activision Blizzard
Delhi High Court orders Telegram to disclose details about online infringers
IMPEL seals a strategic partnership with SoundExchange’s SX Works and CMRRA
> SCPP sets up a scheme to help labels pay guaranteed minimum advances to artists
New chapter opens for Kobalt as Francisco Partners takes a controlling stake
> Italy’s recorded music sales were up 18.3% to €153m in the first half of the year
Tencent Holdings becomes Ubisoft Entertainment’s largest shareholder
Mozaic launches a pre-Series A funding round with the goal to raise $5.5 million

BRIEF NEWS
– Japan’s Agency for Cultural Affairs sets up portal to inform creators on online piracy
– MPLC joins the Copyright Society
– Dreame launches campaign to fight digital piracy and copyright infringement
– Apple settles lawsuit with the heirs of songwriters Harold Arlen, Harry Warren and Ray Henderson
– Pokémon Company sues Chinese video games publishers for infringement
– California court dismisses lawsuit filed by Spencer Helden who was featured on the cover of Nirvana’s album ‘Nevermind’
– Kuaishou inks ‘dynamic’ licensing agreement with Warner Chappell Music
– Strange Fruits re-brands as Fruits Music
– TikTok’s parent ByteDance is shelving plans to go public — report
– CT Investments launches the KPOP and Korean Entertainment exchange-traded fund (ETF)

DEALS
– South Korea’s broadcaster MBC signs partnership with metaverse gaming platform The Sandbox
– Lauren Spencer-Smith signs her first global publishing deal with Warner Chappell Music
– Warner Music Mexico and ADA Latin sign Mexican duo Efecto Elegante to an exclusive deal

IN THE NEWS
– Michelle Donelan appointed Culture Secretary in the new UK government
– SABAM names Maud Van de Velde Head of AV, performing & visual arts and literature
– Soundstripe promotes Sourav Nayak to CFO
– lan Willick has joined rights management firm Catch Point Rights Partners as Investment Associate
Damian Christian has been named Chair of the BRIT Committee
– Hélène Larrouturou, has been appointed Managing Director of MEWEM (Mentoring Program for Women Entrepreneurs in Music Industry) France

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)
– Paul Pacifico (AIM)
Spek (PopArabia)
– Merk Mercuriadis (Hipgnosis) (Part 1)
– Merk Mercuriadis (Hipgnosis) (Part 2)

OPINION
In case you missed it, Creative Industries News published recent opinion pieces from:
– Susan Cotchin (Good Neighbour Rights): ‘Australia’s decision to limit the application of Art. 15 of WIPO’s WPPT has impacted Australian artists in a big way’
– Helen Smith (IMPALA): ‘We don’t believe equitable remuneration is equitable at all’
– Jonathan Reichman and Jeremy King (Hunton Andrews Kurth): ‘Warhol Foundation v. Goldsmith is an opportunity for US Supreme Court to clarify fair use’
– Kevin Casini: ‘Stakeholders need to take a long-term view with the Copyright Royalty Board’s rate-setting proceedings’
– Barry Scannell (IMRO): ‘Royalty-based NFTs have limited fungibility’

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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Copyright & Regulation

WIN calls on EU Commissioner Valdis Dombrovskis to “block” the acquisition of Downtown by Universal Music Group

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Independent music company's global organisation WIN has warned the European Commission that the proposed acquisition of Downtown Music Holdings by Universal Music Group "must be blocked outright" as the merger of the two companies poses "grave risk" to "fair competition" in the music market. EU's competition authorities launched an in-depth investigation into the transaction in July 2025. In November, following an in-depth investigation to assess the potential impact of the transaction, the Comm...

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Creative Industries

Kobalt seals a global publishing partnership with India’s Madverse music

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Music publishing company Kobalt has secured a new publishing partnership with India-based independent distribution and services platform Madverse Music. As per the agreement, Kobalt will provide Madverse’s community of songwriters, composers, and producers with global publishing administration, including royalty collection, enhanced metadata accuracy, and expanded sync opportunities across more than 180 territories.

Pictured (l. to r.): Madverse Music's Rohan Nesho Jain and Kobalt's Simon Moor...

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Creative Industries

Atlantic Screen Group raises up to $30m in funding from Corrum Capital

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Atlantic Screen Group (ASG) has secured up to $30 million in funding from private investment firm Corrum Capital. ASG said the investment will enable the London-based company "to continue its strategic acquisition of film and television scores, while also providing additional capital for the acquisition of new music publishing catalogues." “Atlantic Screen Group has built an exceptional track record in acquiring and managing high-quality music and film assets. We’re proud to support their conti...

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