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Creative Industries

Main stories — Week 44, 2022

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Here’s a list of the main stories published this week by Creative Industries News:

LEAD STORY
> IFPI’s 2022 global survey shows people listen to more music than ever before

COPYRIGHT & REGULATION
AEPO-ARTIS recommends the introduction of a right to equitable remuneration for on-demand streaming in Europe
> Copyright Office to hold seminars on the new Recordation System
Nigerian Copyright Commission signs MoU on piracy with publishers and booksellers

LITIGATION
Paramount’s motion to dismiss in ‘Top Gun: Maverick’ copyright case is rejected by California court

CMOs & LICENSING
SACEM and Pianity’s agreement on music NFTs includes a ‘droit de suite’
The UK’s DACS appoints COO Christian Zimmermann as its new Chief Executive
Hungarian society ARTISJUS signs representation agreement with SACEM for the online licensing of its repertoire

DATA
Stem introduces Royalty Services for labels
Mandolin releases new features for artists to optimise data about their fanbases

CREATIVE INDUSTRIES
> French creative sector urges President Macron to cancel plans to postpone festivals in 2024 because of the Olympics
> Warner Music’s Emerging Markets division launches new label called OUT OF ORDER
Music sector contributed £345 million to Northern Ireland’s economy in 2019
MENA media company MBC Group joins the Alliance for Creativity and Entertainment
BPI report: British independent record labels’ share of the UK music market grows to 28.6% in the first 10 months of 2022
Has Pink Floyd’s catalogue sale hit a wall?
Believe forecasts 2022 full-year revenue to grow over 30% year-on-year

DIGITAL ECONOMY
Tencent Music Q3 2022 revenue were down 5.6% year-on-year to $1.04 billion, but paying users were up 19.8% to 85.3 million
YouTube has processed 757.9 million unique copyright claims in the first half of 2022
CD Baby inks partnership with Groover to help emerging artists promote their music
Amazon to cut down on production investments at its Hollywood studio
US video games market down 5% to $12.34bn during Q3 2022
The future of TV is not linear…

DEALS
– BMG acquires Harry Nilsson’s songbook
– Downtown Music Services has signed Masego to a global music publishing administration agreement
– Bucks Music Group signs Tom Webber to an exclusive global publishing agreement
– The Orchard signs production and DJ duo Christian Rich to a global distribution and publishing administration agreement

IN THE NEWS
 MaryLynne Drexler appointed Head of Business & Legal Affairs for WMG’s ADA
– Dani Deahl named Head of Communications & Creator Insights at BandLab Technologies
– Heather Walters joins US Copyright Office as a fellow in the Barbara A. Ringer Copyright Honors Programme
– Bob Workman promoted to SVP, International Brand Partnerships at Warner Music and General Manager at WMX UK
– Blue Raincoat Music/Chrysalis Records taps James Meadows as SVP of Marketing
– SACEM makes a series of key hires to strengthen its management committee
– Warner Music Japan names Kazuhiro Shimada as 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:
– Chola Makgamathe (SAMRO): South Africa needs a comprehensive, multifaceted strategy to curb the economic impact of piracy
– 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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Creative Industries

Musical chairs — Week 46, 2022

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GLOBAL

Reservoir's Rell Lafargue

NASDAQ-listed independent music company Reservoir Media has joined the board of ICMP, the global trade body representing the music publishing industry. Reservoir Media’s President and Chief Operating Officer Rell Lafargue will join the ICMP board, chaired by Universal Music Publishing‘s Jackie Alway. Reservoir was founded in 2007 and represents over 140,000 copyrights and 36,000 master recordings. “ICMP is delighted to welcome Reservoir President and COO R...

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Creative Industries

Music deals — Week 46, 2022

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Here is a list of the main music deals this week:

Universal Music Group (UMG) has acquired a 49% stake in Brussels-based independent music company [PIAS]. Terms of the transaction were not disclosed. The announcement follows the formation of the strategic global alliance between the two companies in June 2021. In a statement, the companies said that under the new agreement [PIAS] will remain “fully independent” and its founders Kenny Gates and Michel Lambot&...

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Creative Industries

Quotes of the week — Week 46, 2022

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"I’ve had a bad month.”By Sam Bankman-Fried, the founder and CEO of bankrupt crypto platform FTX, speaking at the New York Times' DealBook Summit, in his first public appearance since the collapse of his company amid allegations of fund mismanagement.

“The fact that companies have to deliver their apps exclusively from platforms controlled by competitors — there is a conflict of interest there.”By Mark Zuckerberg, founder of Meta, the parent company of Facebook and Instagram, expla...

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