France hails victory as Facebook agrees to pay newspapers for content
Two year battle ends in deal Read More …
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Sony Music Loses Bid for Secrecy in Dr. Luke-Kesha Fight
On Tuesday, as the legal battle between Lukasz “Dr. Luke” Gottwald and Kesha Rose Sebert continues to progress after seven years in court, New York Supreme Court Justice Jennifer Schecter rejected Sony Music’s concerns and ordered that various contracts, business plans and other financial records be unsealed within days. Source: Sony Music Loses Bid for Secrecy in Dr. Read More …
Analysts Say Increased Content Spend Is Needed to Halt Disney Plus Subscriber Slowdown
The slowdown in Disney Plus subscriber growth has helped push the stock down by more than 7% over the past month, and two influential analysts said the entertainment giant will likely have to dig deep and spend more on content to get itself back on track. Source: Analysts Say Increased Content Spend Is Needed to Halt Disney Read More …
Indie Music Giant Concord, Worth Over $4 Billion, Eyes Potential Sale
Concord is exploring a sale, according to a source familiar with the situation – a deal that would likely top $4 billion, based on Billboard’s estimates. If the record label and music publisher does hit the auction block, it would be an attractive target for one of the three major record companies, some industry sources Read More …
The name’s bonds. Music bonds.
The genius of Bowie bonds is making a comeback, 14 years after they went away. MBW’s sources tell us that at least one major music rights portfolio owner is currently seeking a handsome rating (perhaps a platinum-plated, bet-the-house-on-it, super-solid-stuff rating) for bonds securitized against music assets. Source: The name’s bonds. Music bonds.