Publisher Wixen hits Spotify with a $1.6bn lawsuit
If Spotify was hoping 2018 would see its publishing woes die down… well, Wixen Music Publishing has put those hopes to rest. The publisher has filed a lawsuit seeking damages of at least $1.6bn for Spotify’s use of...
January 3, 2018
From ICOs to ISOs: what is an Initial Song Offering?
The chance to own a portion of the rights to a Drake song? Make it ‘Hotline Bling’ and we’re in! Make it ‘Jodeci Freestyle’, a 2013 collaboration with J Cole chucked out for free in the promotional run-up to...
November 17, 2017
Kobalt’s second music-royalties fund reaches $600m capacity
Kobalt has announced its second managed fund to invest in music copyrights, with a capacity of $600m thanks to $345m of equity commitments plus debt. It follows the company’s first music-royalties fund, which invested...
November 7, 2017
NMPA boss on production music: ‘The licensing system is broken’
The National Music Publishers Association’s boss has criticised something in public. No, not Spotify this time. David Israelite has been casting his eye over the way publishing works with the production-music sector, and...
October 9, 2017
Spotify bags Pandora exec for publisher-licensing role
As hot potatoes go, the New York-based role of global head of publisher licensing at Spotify is a scorcher, given that the boss of the US publishers’ association recently said his members were in a “state of war” with...
October 5, 2017
Spotify courts songwriters with Secret Genius Awards
Spotify is currently facing a renewal of hostilities in its longstanding issues around mechanical-licensing in the US, with National Music Publishers Association boss David Israelite recently describing the situation as “a...
September 29, 2017
Access to new sources of finance could fuel a new golden age for music (guest column)
The international music industry is entering a new golden age. A kind of second gold rush. We’re right at the start, and it’s streaming that’s largely responsible. This business has suffered a long period of decline...
September 25, 2017
Spotify mechanical-licensing woes mount with new legal filings
Spotify’s mechanical-licensing problems in the US aren’t easing. In fact, they’re escalating. Hundreds of artists and songwriters have put their names to a legal objection to Spotify’s proposed $43m settlement over...
September 14, 2017
Songs Music Publishing may be up for $160m+ sale
Another catalogue of copyrights appears to be up for grabs, with news that respected US publisher Songs Music Publishing may be up for sale. Hits and Billboard both reported that the company has hired LionTree Advisors...
September 12, 2017
RIAA says it *does* support attribution rights for songwriters
The RIAA has responded to criticism over its stance on ‘moral rights’ for songwriters, saying that it is “puzzled” by the claim that it is against better credits. “We wholeheartedly believe that all creators...
August 29, 2017
Tomplay reaches 50k musicians with interactive sheet music
Sheet music is perhaps the oldest element of the modern music ‘industry’ as we know it, but it’s no surprise to find a number of startups exploring how it can evolve in the digital world. Swiss firm Tomplay is one...
August 17, 2017
Loudr boss: Spotify songwriter settlement is just a ‘speeding ticket’
When Spotify agreed a $43.4m deal in May this year to settle a class-action suit brought against it over mechanical royalty payments – in a case combining lawsuits filed by David Lowery and Melissa Ferrick – it was no...
August 16, 2017