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Creative Industries

US book publishing industry generated $29.33 billion in revenues in 2021

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The US book publishing industry posted revenues of $29.33 billion in 2021, up 12.3% compared to 2020 revenues of $26.1 billion, according to statistics published by the Association of American Publishers (AAP) in its StatShot Annual report.
The AAP said it was "the highest number ever reported" in its StatShot Annual. “The industry was firing on all cylinders in 2021, delivering benefits up and down the value chain for literature, scholarship, and educational materials,” said Maria A. Pallante,...

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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).

Creative Industries

peermusic signs Norwegian artist Aurora Aksnes to a global publishing deal

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Independent music publishing company peermusic has signed Norwegian singer, songwriter, producer and recording artist Aurora Aksnes, professionally known as Aurora, to a go-forward worldwide publishing agreement.
Aurora commented: “I’m really excited to work with the team at peermusic. After spending some time with Ralph [W. Peer, Managing Director, U.K., Australasia and Vice President of peermusic’s African and Middle East operations], Harry [Knyt, Head of A&R, UK, peermusic] and Dylan [Mye...

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Copyright & Regulation

Australia plans mandatory content obligations for video streaming services

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Australia is joining the cohort of countries with a mandatory content obligation on streaming services. The Labour Government will introduce in Parliament in the coming weeks legislation that will require video streaming with more than one million Australian subscribers to invest at least 10% of their total expenditure for Australia – or 7.5% of their revenue – on new local drama, children’s, documentary, arts and educational programmes.
The figure falls short of the 20% quota requested by Scree...

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Creative Industries

Sony Music Australia and New Zealand Chair & CEO Vanessa Picken steps down

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Vanessa Picken, who served as Chair and CEO of Sony Music Australia and New Zealand for the past three years, is stepping down. No replacement has been announced by parent company Sony Music Entertainment. Picken took over from Denis Handlin, who departed the company after 37 as CEO of the company, amid allegations of discrimination, bullying and harassment.
Picken made the announcement in a note to staff published by The Music. "It has been a privilege to lead such a dedicated and talented com...

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