Music & Copyright has published its annual review of the performance rights sector, claiming total distributions were up 8.9% in 2010 to $1.59 billion, compared to the mere 0.6% growth seen in 2009. Performance rights distribution to record companies totaled $868 million in 2010, up 9.2% year-on-year. Meanwhile, performers took $721.5 million, up 8.5%. The report anoints SoundExchange as the world’s largest performance-rights collection society, having distributed $249.2 million last year. Music & Copyright warns that “comparing one performance-rights society against another is a little unreliable because of the many territorial and operational differences”, while also noting that six of the top 10 societies were in Europe. Read more:http://tinyurl.com/3j7wrmy
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Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…