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Creative Industries

Quotes of the week — Week 25, 2023

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“It’s fun-flation, if you’re looking for a word. And the data suggests this brand of inflation isn’t receding. We’re looking at the summer of fun."By Holger Schmieding, chief economist at Berenberg, in an interview with the New York Times about the potential impact on inflation of mega concerts from top acts such as Beyoncé or Taylor Swift. In Sweden, some economists have suggested that Beyoncé's fans were driving up prices of hotels and restaurants when they converged on the country last month...

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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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Creative Industries

Richard Burgess will step down in 2026 after ten years as President/CEO of A2IM

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Richard James Burgess announced that he planned to step down in January 2026 from his role as President and CEO of A2IM, the United States' independent labels' group, to coincide with a decade as the leader of the New York-based organisation.

Burgess' announced his decision at the end of A2IM's Annual General Meeting, which closed the A2IM Indie Week 2024 in New York. Burgess said that after ten years in the job, there were "other ventures" he wanted to pursue, without giving more details.

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NMPA takes Spotify’s audiobooks bundle case to the Federal Trade Commission

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The National Music Publishers’ Association (NMPA) has filed a complaint against Spotify with the US Federal Trade Commission (FTC) regarding the streaming services' decision to reclassify a new offer as a "bundle" by providing audiobooks to consumers.

The NMPA argued in a letter to FTC Chair Lina Khan that Spotify has "engaged in a scheme to increase profits by deceiving consumers and cheating the music royalty system."

David Israelite, President and Chief Executive Officer of the NMPA, d...

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MDLBEAST launches music publishing unit with the global support of Sentric

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Saudi Arabia-based music entertainment company MDLBEAST has launched its music publishing arm, MDLBEAST Publishing, "to support songwriters, producers, and artists in Saudi Arabia and the Middle East and North Africa region."

Believe-owned music publishing division Sentric will provide MDLBEAST Publishing with "global support beyond the MENA region and administrative services for registering authors’ works on the global network ensuring full representation of authors’ rights."

The...

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