Media +Technology Intelligence
Hipgnosis Songs Fund (HSF), the UK-listed entity founded by Merck Mercuriadis, now owns a music rights catalog worth over USD $2.5 billion. That’s according to an independent valuation revealed within Hipgnosis’ new interim financial report, covering the six months to end of September 2021. Source: Hipgnosis Songs Fund now owns a catalog of 65,413 songs… worth a combined $2.55bn
Spotify continues to beef up its audio product arsenal. Today, it announced the acquisition of Whooshkaa, a nearly six-year-old Australian company focused on helping radio broadcasters monetize, edit, and distribute their shows as podcasts. Radio networks will be able to prepare shows for publishing by capturing live broadcasts and using the Whooshkaa tech to edit and remove ads Read More …
Biggest deal yet for single artist’s works Read More …
Covid and streaming have changed how everyone in Tinsel Town gets paid Read More …
The European Union’s ambitious plan to update its pioneering internet rules gained momentum Tuesday after a key committee passed measures requiring technology companies to better police content and lawmakers prepared to vote on regulations to rein in Big Tech. One set of EU rules, the Digital Services Act, aims to make tech companies more responsible Read More …