Tag: digital royalties
Sony Music faces streaming-royalties lawsuit from Ricky Nelson estate
There’s a new artist royalties lawsuit in town, with Sony Music Entertainment the target. The class-action lawsuit has been filed by the estate of Ricky Nelson, a rock’n’roll star who had hits from the late...
September 27, 2018
More details emerge on Sony’s ‘Spotify windfall’ for artists
We know from Sony Music’s recent financial results that the label group generated around $768m from the sale of some of its Spotify shares earlier this year. Now we’re finding out more about how the major label is distributing...
August 20, 2018
Royalty Exchange launches valuation app for songwriters
Zillow is the website whose features start with providing an estimate for the value of your house, to help you gauge whether to sell or rent it out (which the site can also help with). Now music firm Royalty Exchange has launched...
August 6, 2018
David Crosby promises ‘real numbers’ on streaming royalties
Artist and songwriter David Crosby, of Byrds fame, is the latest creator to call out music-streaming royalties. In a tweet reading simply “Real numbers” Crosby published a table of his recent per-stream earnings. The...
August 6, 2018
SoundExchange payouts grew by 17.5% year-on-year in Q2
US company SoundExchange has published its latest quarterly figures, and they show strong growth in its payouts to artists and labels. The company paid out $208.7m in the second quarter of this year, up 17.5% year-on-year. That...
July 31, 2018
Royalty Exchange debuts ‘Private Syndicates’ with Cage the Elephant
US firm Royalty Exchange has acquired a co-publishing share in the first four studio albums of rock band Cage the Elephant, for an undisclosed amount. The catalogue will be one of the guinea pigs for a new initiative called...
July 25, 2018
Universal Music targets monthly accounting to artists
Universal Music Group’s head of royalties Cindy Oliver has been talking about the major label’s moves towards accounting to artists on a monthly, rather than a quarterly or semi-annual basis. This is based on the label...
July 23, 2018
South Korea gets new system for distributing streaming revenues
There are changes afoot in the way streaming revenues in South Korea are divided up between the streaming platforms and rightsholders (and thus musicians). From next year, rightsholders will get a 65% share of the streaming...
June 26, 2018
Study: Spotify Today’s Top Hits placement ‘worth up to $163k’
The latest study of Spotify claims that placement on the streaming service’s Today’s Top Hits playlist can be worth between $116k and $163k to an artist. The study was carried out by Luis Aguiar and Joel Waldfogel of...
June 25, 2018
Socan collected $352m to songwriters and publishers in 2017
Canadian collecting society Socan is the latest industry entity to reveal encouraging growth in 2017. It collected $352m in royalties for songwriters, composers and publishers last year, up 8% year-on-year which thus reflects...
June 21, 2018
MMF praises Sony over its Spotify equity split plans
Last week you will have read about Sony’s plans to split its windfall from its sale of part of its Spotify stock and how the company was keen to be seen to be doing the right thing as regards the artists on its books. The...
June 19, 2018
Should Spotify windfall lead majors to cancel unrecouped debts for legacy artists?
Musician Tom Gray of British band Gomez – currently firing up crowds on the 20th anniversary tour celebrating their 'Bring It On' album – has an idea for major labels about how to follow up their windfalls from Spotify's...
May 23, 2018