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Creative Industries

Main stories — Week 2, 2023

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Here’s a list of the main stories published in the past week:

LEAD STORY
>Sweden starts the Presidency of the European Union with a broad agenda

COPYRIGHT & REGULATION
Over 350 artists support US Copyright Office’s rulemaking on termination rights
Belarus Paliament votes bill authorising digital piracy of creative goods

LITIGATION
UMG sues Triller over failed payments
Black Sheep file $750 million class action suit against Universal over unpaid royalties

CMOs & LICENSING
Rotana signs licensing deal with TikTok
WIPO organises a Jan. 18 a seminar on copyright infrastructure with GESAC

DATA
Rights processing platform Curve Royalty Systems acquired by Downtown Music
Revelator picks Stripe to provide NFT payment infrastructure

CREATIVE INDUSTRIES
ERA reports UK home entertainment market grew by 6.9% to £11.1bn in 2022
Damien Jurado withdraws catalogue from Spotify citing ‘unfair treatment of artists’
Italian government shuts down ItsArt, dubbed the ‘Netflix of Italian culture’
One Media iP reports year-on-year revenue up 16% to £5.1 million in 2022
IMPALA renews its data and insights project One Step Ahead for another year with CMU
India’s government merged on January 1 four film organisations into the National Films Development Corporation
Sony Music artists have withdrawn nearly $50 million via the company’s Cash Out and Real Time Advances features

DIGITAL ECONOMY
Global SVoD subscriptions will reach 1.76bn by 2028, up from 1.33bn in 2022

DEALS
– Sony Music Entertainment and Todd Moscowitz launch new artist and label services company Santa Anna
– Round Hill Music acquires various rights from U2 producer Steve Lillywhite
– Bucks Music Group signs Molly Payton to a publishing deal for UK, Eire and Europe

IN THE NEWS
 Cindy Mabe succeeds Mike Dungan as Chair and CEO of Universal Music Group Nashville
– Apple TV+ taps Disney+’s Ricky Strauss to boost the streaming service’s visibility
– Rana Kaplan named General Manager at lifestyle and media platform FaZe Clan
– The Orchard promotes Mary Ashley Johnson to EVP, Sales and Artist & Label Management, US and Canada
– Canada’s ACTRA names Natalie Clancy and Linda Noelle Bush to executive positions
– The BPI promotes Sophie Jones to Chief Strategy Officer and interim Chief Executive
– Jitze de Raaff named President of Dutch music company CTM Entertainment

INTERVIEW
David Israelite (NMPA): ‘The rate setting system is broken and needs to be reformed’

INTERVIEWS
In case you missed it, Creative Industries News published recent Q&As with:
– Robert Singerman (LyricFind/BELEM project)
– 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:
– David Lowery: ‘Why windowing releases works for me’
– 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

Sofi Tukker extends global music publishing admin deal with Third Side Music

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Electro pop duo Sofi Tukker has extended its exclusive, worldwide music publishing administration deal with Canadian independent music publisher Third Side Music (TSM).

"Third Side are really like family to us. Signing with them has been one of the best decisions we've made in our career, so it was an easy decision to do it again!” said Sofi Tukker, a Florida-based duo consisting of Sophie Hawley-Weld and Tucker Halpern.

Their 2022 album 'Wet Tennis' has accumulated over 90 milli...

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peermusic UK and Max Music Publishing sign The Reytons to a global publishing deal

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peermusic UK has signed British indie band The Reytons to an exclusive, global music publishing deal via a joint venture with Max Music Publishing.

The deal was announced by Nigel Elderton, President, Europe & Managing Director, peermusic UK; Mike Sault, Head of A&R, peermusic UK; Dylan Myerscough-Harris, A&R Manager, peermusic UK; and Max Odell, CEO, Max Music Publishing.

“I am delighted to see a great independent band, on an indie label and published by an independent publi...

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Thomas Coesfeld to replace Hartwig Masuch as CEO of BMG in 2024

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German entertainment and media group Bertelsmann has picked Thomas Coesfeld to succeed Hartwig Masuch as CEO of music division BMG, effective January 1, 2024. Coesfeld has served as CFO of BMG since April 2021.

The change in leadership is part of "a long-term succession plan," according to Bertelsmann. Masuch will remain associated with Bertelsmann in an advisory capacity. Thomas Coesfeld will also take a seat on the Bertelsmann Group Management Committee (GMC), which advises the Group Execu...

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