Media +Technology Intelligence
In the latest bit of regulatory woe for Big Tech in Europe, Google is trying to settle a German antitrust investigation into its news licensing product by offering not to expand the display of News Showcase “story panels” into general search results. The German Federal Cartel Office (FCO) announced today that the company has proposed Read More …
Cosmos Music, one of Scandinavia’s biggest independent labels, has acquired what it calls “a substantial interest” in the owned master and publishing repertoire of London-based Ace Records – amounting to some 9,000 masters and 3,000 compositions. Source: Cosmos Music buys Ace Records catalog, including recordings by Etta James, B.B. King and more
Last Thursday (January 6), MBW published a jaw-dropping statistic about the US music market in 2021: 82.1% of music consumption in the second half of the year, we calculated, was of ‘catalog’ music, as opposed to ‘current’ music. Now, though, we have a problem: Today (January 11) MRC Data has issued a correction to its annual 2021 report, Read More …
2022 has started off just as hot Read More …
The Stockholm-based company is launching a blockchain-based marketplace for music rights in the first half of 2022 to democratize music ownership. Numerous creators are backing the company, including Steve Angello, a Greek-Swedish DJ, music producer, and label owner. He is also a member of the Swedish House Mafia. Advisors to the project include legendary Canadian-American music producer Read More …