Media +Technology Intelligence
BMG has pledged its support for Credits Due, a new campaign by songwriters to ensure they are credited and paid for their work. The campaign was launched yesterday (September 21) by ABBA’s Bjorn Ulvaeus at the Ivors music awards event in the UK. BMG is the first international music company to commit to the campaign. Source: BMG Read More …
Bjorn Ulvaeus, co-founder of ABBA and president of CISAC, unveiled a new global initiative called “Credits Due” on Tuesday that is intended to upgrade the music industry’s payment processes. The initiative, created by the Ivors Academy and the Music Rights Awareness Foundation is intended to “unite the music industry’s approach to ensuring that complete and Read More …
It’s worth repeating: the song is the currency of our business. Yet the songwriter — who delivers the most important component to the success of a record company, publisher, promoter, manager, agent, music venue, radio station, broadcaster et al – is the lowest paid person in the economic equation. An equation that has made the modern music Read More …
Frontline investment is actually getting more aggressive than it ever did before, and yet if you look at some industry numbers, catalog is heading towards 70% market share on streams. It raises the question: why the hell is so much money being applied to that remaining 30% [i.e. frontline A&R]? Source: Hartwig Masuch thinks the Read More …
Stockholm-based Tracklib, a platform providing music producers and artists with pre-cleared original music for sampling, has secured $12.2 million in investment in its latest funding round. The funds come from both existing and several new investors, including former NBA player, actor and music producer Baron Davis. Source: Music Sampling platform Tracklib raises $12.2m, led by Sony Read More …