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Creative Industries

Main stories — Week 35, 2022

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Here’s a list of the main stories published by Creative Industries News in the past week.

LEAD STORY
> BMI hails ‘an exceptionally strong year’ with record revenue ($1.573bn) and distributions ($1.471bn) in 2021-2022
> Analysis: A good omen for the future of music rights

COPYRIGHT & REGULATION
China is cracking down on online infringement with a focus on NFTs and digital collectibles
MEPs and media companies urge EU Commission to introduce a legislative proposal to fight the piracy of live content
Sony and Zee offer concessions to appease regulators about plans to merge their television operations in India

LITIGATION
Appeals court overturns a ruling awarding $1.4 million to rapper Rackboy Cam
Voltage Holdings sues Verizon for enabling copyright infringement via BitTorrent sites

CMOs & LICENSING
PRS for Music joins forces with KOMCA to ensure that Korean OTT services secure licenses and remunerate creators
Nigerian Copyright Commission (NCC) confirms MCSN as the sole CMO for music works and sound recordings

DATA
IMPALA seals partnership with AudioSalad to provide indie labels with data and content management services

CREATIVE INDUSTRIES
Sony Music re-brands Kobalt Neighbouring Rights as Kollective Neighbouring Rights with Ann Tausis named CEO of KNR
Universal Music Group launches a new stand-alone division — Virgin Music Group
ANote Music ventures into metal with the catalogue listing of Machine Head’s guitarist and songwriter Logan Mader
Cineworld files for bankruptcy in the US
Norway’s FONO receives IMPALA’s Outstanding Contribution Award
Sony Music exits the Russian market
IMPALA launches new Climate Training and Standards project IMPACTS

DIGITAL ECONOMY
YouTube paid $6bn to the music industry in 2021-22 and pledges to be the sector’s #1 contributor of revenue by 2025
Beatstar has generated $73m in revenue with $16m paid to labels and publishers
Gaana switches to a subscription model
Spotify to launch audiobooks offer

DEALS
– Utopia acquires distributor Cinram Novum
– PopArabia and Reservoir Media acquire Lebanese music company Voice of Beirut
– Chris Stapleton renews global publishing agreement with Warner Chappell Music
– Public Enemy’s Chuck D sells song catalogue to Reach Music Publishing
– Position Music signs Brandyn Burnette to a worldwide publishing deal
– Prescription Songs and Linear Management sign Dominique Sanders to a global publishing deal

IN THE NEWS
– PIXELYNX introduces advisory board
– Spirit Music Group promotes Frank Rogers to Chief Creative Officer
– Tuned Global appoints Rick Gleave as SVP, Head of Europe & MENA
– Believe has named Béatrice Dumurgier as the Group’s Chief Operating Officer

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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