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Musical chairs — Week 43, 2022

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USA

Sound Royalties has been expanding its West-Coast team with the appointment of AndrewStess and DavidBlutenthal of StessCo Consulting Group as the music financing company’s new representatives in the western part of the US. Stess and Blutenthal will support songwriters, artists, rights holders, and other music creatives as they seek out the right financial solution to fund their music career. “Our representatives aim to understand a creative’s funding goals before offering them a cust...

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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).

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Collective Management Organisations

APRA AMCOS reports record revenues for Australasia, up 21.6% to A$616.5 million

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Australasian music rights management society APRA AMCOS posted record income for the 2021-22 financial year, with gross revenue of A$616.5 million (€395m), a 21.6% increase on the previous year’s A$506.9m.

Net distributable revenue also increased by more than 20% to A$534.3m, exceeding the half-billion mark for the first time and beating 2020-21’s A$442.6m of royalties earned on behalf of songwriters, publishers, affiliated societies and other rights holders.

Source: APRA AMCOS

"The ...

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Quotes of the week — Week 36, 2022

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"Just like Taylor Swift my publishing is being put up for sale without my knowledge. Not for sale."By Kanye West, reacting on Instagram to a Billboard report suggesting that his publishing catalogue was being shopped for $175 million. 

"In running our portfolio, what we’ve done over the last number of years is reduce our [financial] dependency on superstars. [And] reducing that dependency has allowed us to continue to reinforce our approach to A&R, which is long-term artist development. ...

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Quotes of the week — Week 35, 2022

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"God bless Queen Elizabeth II  May she rest in peaceLong live The King."By Paul McCartney, reacting on Twitter to the news that Queen Elizabeth II had died, and that Prince Charles had become King Charles III.

"We would like to send out deepest sympathy to the Royal family following the passing of Her Majesty, Queen Elizabeth II; a strong and powerful woman whose seventy year reign was served with integrity, dignity, grace and compassion. With love, Yoko and Sean Ono Lennon."By Yoko Ono...

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