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Creative Industries

Key figures — Week 2, 2023

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62 billion That's the total number of streams registered in Italy in 2022, according to record label's trade body FIMI. In 2022, no less than 558 albums (+79 compared to the previous year) exceeded the fateful threshold of 10 million streams: they belong to a total of 336 artists (+34 compared to 2021). $29 billion That's the potential valuation of OpenAI, the developer behind artificial intelligence bot ChatGPT, once it will finalise a pending rise in capital. According to Seeking Alpha, the tr...

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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

CISAC adopts a declaration calling for human creativity to be protected and respected

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Creators from across the globe have adopted a declaration putting the protection of human creativity at the heart of artificial intelligence policies. The declaration, known as The Paris Commitment, was unveiled in Paris on June 4 during the centenary General Assembly of the International Confederation of Societies of Authors and Composers (CISAC). The declaration states: “At a time when rapid advancements in artificial intelligence risk undermining the value of creative work, we affirm a shared...

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Creative Industries

Chordal

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Chordal, the leading innovator in music rights technology that last year announced partnerships with Kobalt Music and TikTok, today announced a significant wave of new international rightsholder partners joining its platform. Among the latest to come aboard are Warp (UK), Believe Publishing (UK), 3000 Years (UK), AMF Publishing (UK), Material Music (UK), Aura (UK), Bohemia Records (Ireland), Colorburst Records (Germany), German Bulldozer (Germany), Springstoff (Germany), Loudkult (Sweden), Hear...

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Creative Industries

BMG acquires music producer Luca Anzilotti’s publishing interests in Snap!

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BMG has acquired the publishing interests of German music producer Luca Anzilotti, co-founder of the Eurodance group Snap!. Terms of the transaction were not disclosed. Anzilotti co-founded Snap! in 1989 with Michael Münzing. BMG previously acquired the sound recordings to the entire Snap! catalogue in 2016 and then acquired Münzing’s writer shares in 2022. "This acquisition represents a significant step in BMG’s long-term strategy to consolidate the Snap! catalogue," said the company.

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