Congressional Democrats Sound Antitrust Alarm Over Discovery-WarnerMedia Merger

Democrats in Congress are taking aim at the pending $43 billion merger of WarnerMedia and Discovery, pushing the Justice Department to scrutinize the transaction on antitrust grounds. In a letter sent Monday to Attorney General Merrick Garland and Justice Department antitrust chief Jonathan Kanter, the legislators assert that too much consolidation in media will hurt competition in Hollywood’s labor market Read More …

Comedy-Focused Royalty Company Word Collections Announces $3.5M Raise 

The New York City-based entity intends to put the $3.5 million tranche towards accelerating the “first of its kind direct global digital licensing and collection for Comedians and other spoken word authors, music publishers and songwriters.” The latter two groups, Word Collections relayed, will benefit from “30% more revenue annually along with unparalleled transparency.” Source: Read More …

Bill that would have hit record company profits in the UK rejected by British government

The bill contained a number of proposals that would, in essence, have monetarily benefitted artists and featured performers to the detriment of record labels with whom these artists had signed contracts. Proposed by Labour politician Kevin Brennan MP, the headline suggestion of the ‘Brennan bill’ was the introduction of ‘Equitable Remuneration’ into UK law. Source: Bill Read More …

Youtube Ripper Strikes Back at the RIAA in DMCA ‘Circumvention’ Lawsuit 

YouTube-ripping service Yout.com sued the RIAA last year in an attempt to have its platform declared legal in the US. The music industry group asked the court to dismiss the case, arguing that Yout clearly circumvents technological protection measures. However, Yout counters that YouTube doesn’t have any meaningful restrictions and wants the lawsuit to move Read More …