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Creative Industries

Round Hill Music plans to raise $375m via an IPO on the London Stock Market

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By Emmanuel Legrand Round Hill Music, a New York-based private equity firm investing music copyright assets, has outlined plans to be listed on the London Stock Exchange, with the goal to raise up to $375 million. RHM will make the jump through Round Hill Music Royalty Fund, based in Guernsey. The company said it plans to deliver annual returns between 9 and 11%. Since its launch in January 2011, RHM has spent some $650m in acquisitions, building a catalogue of over 120,000 songs from 78 music c...

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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).

Creative Industries

Warner Chappell Music taps Edward Matthew as VP, International A&R and Head of Creative, WCM Scandinavia 

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Warner Chappell Music (WCM) has appointed Edward Matthew as VP, International A&R and Head of Creative, WCM Scandinavia. Based in Stockholm, Matthew will report to Shani Gonzales, Managing Director, WCM UK & Head of International A&R, and Lars Karlsson, Managing Director, WCM Scandinavia. In his dual role, Matthew will bring “extensive cross-border expertise and entrepreneurial vision to WCM’s global creative operations,” said the company. He will focus on "driving international coll...

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Creative Industries

Dutch authors and journalists send cease-and-desist letter to Meta over the use of copyrighted works to train Llama

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The Dutch Association of Journalists (NVJ), the Authors’ Union (Auteursbond), and writers’ rights organisation Lira Foundation have sent a cease-and-desist letter to Meta, enjoining the parent company of Facebook and Instagram to using copyrighted material written by Dutch authors, reporters, and translators to train its Llama artificial intelligence models. NVJ General Secretary Thomas Bruning said the letter was a first step. If Meta fails to address the issue exposed in the letter, the organ...

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Creative Industries

British media groups launch the SPUR (Standards for Publisher Usage Rights) coalition to promote responsible AI

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Five leaders of British media groups have joined forces to establish the SPUR (Standards for Publisher Usage Rights) coalition, with the mission to establish shared technical standards and responsible licensing frameworks as a response to the development of AI. The guidelines and standards will "ensure AI developers can access high quality, reliable journalism in legitimate, responsible and convenient ways, while guaranteeing that publishers retain practical control of their content and receive ...

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