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Creative Industries

Carlyle-backed Litmus acquires a bundle of rights from Katy Perry for a reported $225m

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Litmus Music, a music rights business backed by private equity firm Carlyle Group’s Global Credit platform, has entered into a creative partnership with Katy Perry in a deal that includes a bundle of rights from her five studio albums released by Universal Music Group's Capitol Records between 2008 and 2020.

The package, which is understood to include Perry's publishing and recording share, includes 16 multi-platinum singles, while UMG retains the master recording rights to the albums — 'One...

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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).

Copyright & Regulation

European creators’ organisations call for a human-centric approach to generative AI

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A coalition of 13 organisations representing creatives in Europe have called for a human centric approach to generative AI, built upon principles of "informed consent, transparency, fair remuneration and contractual practices."

While AI represents "an extraordinary technological advancement with immense potential to enhance various aspects of our lives, including in our sectors," the signatories added that it was crucial "to recognise that alongside these benefits, there exists a darker aspe...

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Creative Industries

BMG acquires recording rights from Jet

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BMG has acquired the recordings catalogue of Australian rock band Jet, in a deal that includes Australian and New Zealand rights to the band’s first two albums, 'Get Born' and 'Shine On', and the global royalty stream for these albums in perpetuity, as well as global rights to their third album 'Shaka Rock'.

This agreement comes in addition to the band’s existing global publishing deal with BMG signed in 2017, which includes rights to songs such as ‘Are You Gonna Be My Girl’, ‘Look What You’...

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Creative Industries

IFPI launches four new charts covering Egypt, Saudi Arabia, UAE and North Africa

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Recorded music trade organisation the IFPI has launched four new streaming-based covering countries across the Middle East and North Africa (MENA) region. In each country it will be the first time ever that official rankings are being made available.

In addition to the Official MENA regional chart, the four new charts will be — the Official Egypt Chart, Official Saudi Arabia Chart, Official UAE Chart, and Official North Africa Chart (which covers Algeria, Morocco and Tunisia).

The fou...

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