US music rights society BMI has appointed Todd Horvath as President and Chief Operating Officer, effective January 26. Horvath will report to BMI CEO Mike O’Neill. In his new role, he will "oversee the company’s ongoing efforts to modernise its platforms, identify new sources of revenue and improve the affiliate experience at BMI." He will divide his time between BMI’s Nashville and New York offices.

"Horvath’s addition to the BMI leadership team will enable O’Neill, who recently extended hi...

Australia's Copyright Tribunal has set a new rate for the use of sound recordings by commercial radio stations by increasing the current rate from 0.40% to 0.55% of gross industry revenue, a 38% rise. The measure is expected to bring in an additional A$1.5 million in neighbouring rights to rights holders. The new rate will be backdated to July 1, 2023. The new rate is the result of long, arduous and failed negotiations between neighbouring rights society Phonographic Performance Company of Aust...

German music rights society GEMA has sold its 100% stake in digital distribution company Zebralution to Insight Holdings Group, a New York-based private equity firm. Terms of the agreement were not disclosed. The sale marks a change in strategy from the German rights organisation, GEMA acquired a majority stake in the Berlin-based company in 2019, arguing that the acquisition will allow the PRO to “expand its performance portfolio and continue to develop its digital services and technologies.” G...