Media +Technology Intelligence
Blackstone – one of the world’s largest alternative investment houses – is pumping a billion dollars into a new private fund, Hipgnosis Songs Capital. In addition, Blackstone is investing an undisclosed amount into Mercuriadis’ Hipgnosis Song Management, the investment adviser that ultimately chooses how to deploy the money in Hipgnosis Songs Fund… and now, in Read More …
Music streaming service owners including Spotify, Apple, Amazon, Pandora and Google have all filed documents with the US Copyright Royalty Board (CRB) this week to tell them what they think they should pay songwriters for the five years between 2023 and 2027. Source: Spotify and other streaming services propose ‘lowest royalty rates in history’ for Read More …
Rate for current term still pending after court ruling Read More …
Funds will help Spirit continue building its song catalog Read More …
Artists using UnitedMasters can now choose to be paid in US Dollars or in a cryptocurrency of their choice. UnitedMasters says that the goal is “to create more financial opportunities, equity and transparency to the dedicated, rising musicians utilizing our platform and to level the playing field so that they can stay independent and in Read More …