[PIAS] founders explain why they sold 49% of their company to UMG: ‘The battle lines in our industry have been redrawn.’

Independent music giant [PIAS] revealed on Wednesday (November 30), that Universal Music Group has made a minority investment in the company.

Read More: https://www.musicbusinessworldwide.com/pias-founders-explain-why-they-sold-49-of-their-company-to-umg-the-battle-lines-in-our-industry-have-been-redrawn/

  • Fairness Rocks news

    SOURCE: Music Business Worldwide

    Date: November 30, 2022

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  • New report suggests Amazon is snubbing Prime Video with big movie theater push

    Amazon’s leaked shift to the cinemas almost deprioritizes Prime Video.

    You may know Amazon’s Prime Video streaming service as the home of The Boys or The Rings of Power. Or you may see it as the place you buy and rent digital movies. But you might start to see it as another streaming service that gets movies shortly after a theatrical run.

    Read More: https://www.tomsguide.com/news/new-report-suggests-amazon-is-snubbing-prime-video-with-big-movie-theater-push?utm_term=2DD1C848-0360-4DAB-AD3E-1761AED26A20&utm_medium=email&utm_content=4D1CDEEB-C868-4649-B8B9-4810C22F20DF&utm_source=SmartBrief

  • Fairness Rocks news

    SOURCE: Tom's Guide

    Date: November 30, 2022

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  • CMA Issues ‘Final Report’ On Music Streaming: ‘Competition Appears to Be Working Reasonably Well’

    In late July, the UK’s Competition and Markets Authority (CMA) decided against launching a full-scale investigation into streaming and the wider music industry. Now, the government agency has explained the decision in a 165-page-long “final report.”

    Read More: https://www.digitalmusicnews.com/2022/11/29/music-industry-report-cma-2022/?mc_cid=848cb36057&mc_eid=bc3b3ee17f

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    SOURCE: Digital Music News

    Date: November 29, 2022

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  • CMA concludes that competition issues are not creating challenges for music-makers in the streaming economy

    The UK’s Competition & Markets Authority has published the final report from its study of the streaming music market, concluding that challenges faced by artists and songwriters in the streaming economy are not the result of competition issues within the marketplace, and that therefore an intervention from the competition regulator is not appropriate.

    Read More: https://completemusicupdate.com/article/cma-concludes-that-competition-issues-are-not-creating-challenges-for-music-makers-in-the-streaming-economy/

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    SOURCE: CMU

    Date: November 29, 2022

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  • Progress report on UK Economics of Music Streaming Recommendations

    Readers will remember that the UK Economics of Music Streaming Inquiry [full Kat coverage here] took place last year. The DCMS Select Committee Report following the Inquiry made several recommendations, and the government responded with general agreement and action for further steps.

    Read More: https://ipkitten.blogspot.com/2022/11/progress-report-on-uk-economics-of.html

  • Fairness Rocks news

    SOURCE: The IPKat

    Date: November 28, 2022

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  • How To Grow Your Music Career While Working a Day Job

    Most indie musicians work a day job (yay, capitalism). And it can be frustrating trying to balance your passion with your paycheck. We don’t talk about it enough. So here are four small but effective steps you can take this week to grow your music career while you work a day job.

    Read More: https://www.digitalmusicnews.com/2022/08/29/how-to-grow-your-music-career-while-working-a-day-job/?mc_cid=2e90791b08&mc_eid=3d7da4c48d

  • Fairness Rocks news

    SOURCE: Digital Music News

    Date: August 29, 2022

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  • @SenatorLeahy Starts the Countdown for MLC Review

    Many songwriters are not aware that the mechanical licensing collective is a statutory entity that is required to be operated by a nonprofit company with certain characteristics. The nonprofit is appointed to a five year term by the Register of Copyrights, the head of the U.S. Copyright Office.

    Read More: https://musictechpolicy.com/2022/11/25/senatorleahy-starts-the-countdown-for-mlc-review/

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    SOURCE: Music Technology Policy

    Date: November 25, 2022

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  • Strike Watch: Would WGA Build Coalition With DGA & SAG-AFTRA In Upcoming Contract Negotiations?

    On the party circuit during Emmy weekend, one topic inevitably found its way into every conversation, the possibility of a writers strike. Even back in September, the consensus was that there likely will be a strike.

    Read More: https://deadline.com/2022/11/strike-watch-wga-coalition-dga-sag-aftra-contract-negotiations-issues-1235168378/

  • Fairness Rocks news

    SOURCE: Deadline

    Date: November 23, 2022

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  • Sen. Amy Klobuchar Confirms Congressional Antitrust Hearing In Wake Of Ticketmaster’s Taylor Swift Fiasco – Update

    UPDATE: Sen. Amy Klobuchar (D-Minn.) is following through on plans to hold a U.S. Senate antitrust panel hearing into the lack of competition in the ticketing industry. Public outrcry over the issue has reached a crescendo in recent days after the fiasco of Ticketmaster’s chaotic handling of the upcoming Taylor Swift tour.

    Read More: https://deadline.com/2022/11/taylor-swift-ticketing-fiasco-draws-ticketmaster-apology-1235176790/

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    SOURCE: Deadline

    Date: November 23, 2022

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  • Ben Affleck and Matt Damon unveil Artists Equity to spread the wealth

    The Future. Ben Affleck and Matt Damon have closed up shop on their long-running Pearl Street Films (which had a deal at Warner Bros.) and are launching a new studio called Artists Equity. The goal is to be a United Artists of the modern age — an artist-driven studio giving collaborators creative freedom and a share of financial success. Once the company gets up and running, it could be a key player in realigning creatives’ pay with the gains generated by Hollywood’s push into streaming.

    Read More: https://futureparty.com/stories/ben-affleck-matt-damon-artists-equity/

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    SOURCE: The Future Party

    Date: November 22, 2022

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  • UTA’s Jeremy Zimmer: As Streaming Giants Evolve Their Business, It’s Time to Rethink Talent Deals

    The trade-off of back-end incentives for upfront fees needs to be updated and platforms should work with partners to develop transparent performance metrics for creatives, the agency chief writes.

    Read More: https://www.hollywoodreporter.com/business/business-news/uta-jeremy-zimmer-talent-deals-streaming-1235265743/

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    SOURCE: The Hollywood Reporter

    Date: November 21, 2022

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  • Fear for Your Megamergers: The Justice Dept. Is (Finally) Taking Action

    Paramount’s blocked sale of Simon & Schuster marks an early win for an emboldened DOJ’s antitrust enforcement while a reported renewed look at Live Nation could be a worrying sign for media chiefs playing a scale game.

    Read More: https://www.hollywoodreporter.com/business/business-news/paramount-doj-simon-schuster-penguin-random-house-1235265709/

  • Fairness Rocks news

    SOURCE: The Hollywood Reporter

    Date: November 19, 2022

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  • Fear for Your Megamergers: The Justice Dept. Is (Finally) Taking Action

    On Oct. 31, the Department of Justice antitrust division landed a major victory when a federal judge blocked Penguin Random House’s $2.175 billion bid to buy rival Simon & Schuster from Paramount Global. After legal wrangling in a trial closely monitored by Hollywood, U.S. District Judge Florence Pan found that combining two of the world’s largest book publishers would hurt competition for best-selling books. “The government has presented a compelling case that predicts substantial harm to competition as a result of the proposed merger,” Pan wrote. “The post-merger concentration of the relevant market would be concerningly high: The merged entity would have a 49% market share, more than twice that of its closest competitor.”

    Read More: https://www.hollywoodreporter.com/business/business-news/paramount-doj-simon-schuster-penguin-random-house-1235265709/

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    SOURCE: The Hollywood Reporter

    Date: November 19, 2022

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  • Taylor Swift tour: Excruciating to watch Ticketmaster ticket chaos, says pop star

    Taylor Swift says it was “excruciating” to watch fans struggle to buy tickets for her upcoming US tour, after sales descended into chaos this week.

    Ticketmaster was criticised over its handling of the sales – which saw widespread site crashes in the presale and then cancellation of the main sale.

    It blamed unprecedented demand, saying it worked quickly to fix issues.

    But responding on Instagram, US pop star Swift said she had been assured that Ticketmaster could handle demand.

    Read More: https://www.bbc.com/news/entertainment-arts-63679936

  • Fairness Rocks news

    SOURCE: BBC News

    Date: November 19, 2022

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  • French ruling on transposition of the principle of appropriate and proportionate remuneration

    Yesterday, by Decision n° 454477, the French Conseil d’État stated that Directive (EU) 2019/790 (DSM Directive) has been insufficiently transposed in France, in particular concerning Article 18.

    Articles 18-22 of the DSM Directive establish a series of protective measures in favour of authors and performers who license or transfer the exclusive economic rights over their works or performances to third parties for the purpose of exploitation.

    Read More: https://ipkitten.blogspot.com/2022/11/guest-post-french-ruling-on.html

  • Fairness Rocks news

    SOURCE: The IPKat

    Date: November 16, 2022

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  • Defeat chokepoint capitalism to get artists paid

    a book about why creative labor markets are rigged – and how to unrig them

    Competition is supposed to be fundamental to capitalism. Over the last four decades though, greedy robber barons have worked out how to lock in customers and suppliers, eliminate competitors, and shake down everyone for more than their fair share.

    Read More: https://chokepointcapitalism.com/

  • Fairness Rocks news

    SOURCE: Chokepoint Capitalism

    Date: September 27, 2022

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  • Ticket sales for Taylor Swift tour reignite fan frustration over Ticketmaster

    Ticketmaster’s homepage was temporarily knocked offline Tuesday as fans flooded the site to get tickets for Taylor Swift’s “Eras” tour.

    “HOW IS TICKETMASTER ALREADY DOWN ?????? #TaylorSwiftTix” one fan wrote, echoing the frustration of thousands of “Swifties,” the nickname for diehard Swift fans, vying to see their favorite artist in her first concert tour since before the pandemic.

    Read More: https://news.yahoo.com/ticket-sales-taylor-swift-tour-203717652.html

  • Fairness Rocks news

    SOURCE: Yahoo! News

    Date: November 15, 2022

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  • YouTube Shorts Are Coming to TVs — With a Big Screen Viewing Format

    YouTube is bringing its YouTube Shorts format to TV with a new look designed to improve how the vertical videos look on widescreens.

    Neal Mohan, YouTube’s Chief Product Officer, says the company has put a lot of work into redesigning how the format appears on TV. “Our research told us that there would be unique perks of watching Shorts on the big screen,” reads the official blog post announcing the change. The customized YouTube Shorts experience now focuses on the video, with creator information to the right.

    Read More: https://www.digitalmusicnews.com/2022/11/08/youtube-shorts-coming-to-tv-heres-how/

  • Fairness Rocks news

    SOURCE: Digital Music News

    Date: November 8, 2022

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  • The coming long-tail cull

    When governments plan to introduce controversial new policies, they prepare the ground in advance (dropping hints in speeches, privately briefing journalists, etc.), so that by the time the new policy finally arrives, it does not feel quite so controversial. A similar process is currently playing out in the music business. The biggest major label executives are starting to seed a narrative into the marketplace about the potentially corrosive effect that the rapidly-growing long-tail of music and creators is having on consumers’ music-streaming experiences. Of course, it also happens to dent major label market share too, but the issue is not quite as clear cut as it might first appear.

    Read More: https://www.midiaresearch.com/blog/the-coming-long-tail-cull

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    SOURCE: Midia

    Date: November 8, 2022

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  • Elon Musk says Twitter will soon ‘share revenue with content creators’. Will that include music?

    Significant change is afoot at social media giant Twitter.

    Within a week of closing his $44 billion acquisition of the company, Elon Musk has started implementing a major overhaul at the platform.

    Read More: https://www.musicbusinessworldwide.com/elon-musk-says-twitter-will-soon-share-revenue-with-content-creators-will-that-include-music/

  • Fairness Rocks news

    SOURCE: Music Business Worldwide

    Date: November 7, 2022

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  • European Songwriter Organizations Call for EU Lawmakers to End ‘The Coercive Buy-Out Practices of US-Based VOD Platforms’

    The European Grouping of Societies of Authors and Composers (GESAC) and The European Composer and Songwriter Alliance (ECSA) are calling on EU officials “to put an end to the coercive buy-out practices of US-based VOD platforms.”

    Read More: https://www.digitalmusicnews.com/2022/11/07/gesac-ecsa-eu-lobbying-vod-platforms/?mc_cid=bc0c4f4eba&mc_eid=3d7da4c48d

  • Fairness Rocks news

    SOURCE: Digital Music News

    Date: November 7, 2022

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  • YouTube will soon roll out a ‘Go Live Together’ co-streaming feature to select creators

    YouTube is gearing up to roll out a new feature that will allow select creators to invite a guest to go live with them, the company announced on its Creator Insider channel and in a blog post. At launch, creators will only be able to co-stream via a phone, as the feature won’t be available on the desktop version of YouTube. The new feature will initially only be available to a select group of creators, but YouTube plans to expand co-streaming to more creators in the future.

    Read More: https://techcrunch.com/2022/11/04/youtube-go-live-together-co-streaming-feature/?guccounter=1

  • Fairness Rocks news

    SOURCE: Tech Crunch

    Date: November 4, 2022

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  • YouTube’s automated copyright tool riles up musicians

    When Rob Jones uploaded a video to YouTube in which he plays a few Nirvana riffs on a guitar, his video was flagged for violating the site’s copyright rules.

    “Literally playing riffs, yeah,” Jones said. “I could play 10 seconds. I could play 30 seconds. Not even with any background music, just a guitar on its own.”

    Read More: https://www.marketplace.org/2022/11/04/youtubes-automated-copyright-tool-riles-up-musicians/

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    SOURCE: Marketplace

    Date: November 4, 2022

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  • Disney sued by musician over song from ‘Frozen II’ soundtrack

    (Reuters) – The Walt Disney Co and songwriters Robert Lopez and Kristen Anderson-Lopez copied another musician’s work in their song “Some Things Never Change” from the hit animated film “Frozen II,” according to a lawsuit filed in Los Angeles federal court on Tuesday.

    Read More: https://www.reuters.com/legal/litigation/disney-sued-by-musician-over-song-frozen-ii-soundtrack-2022-11-02/

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    SOURCE: Reuters

    Date: November 2, 2022

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  • The Orchard founder reveals new venture to “fractionalise ownership of music royalties”

    Scott Cohen has revealed more about the new venture he is leading following his departure from Warner Music. According to Billboard, he has taken on the role of CEO for a fintech platform that aims to facilitate the sale of fractional shares in good old song catalogues.

    Read More: https://completemusicupdate.com/article/the-orchard-founder-reveals-new-venture-to-fractionalise-ownership-of-music-royalties/

  • Fairness Rocks news

    SOURCE: CMU

    Date: November 1, 2022

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