Tag: digital royalties
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
Exactuals software will match recordings and publishing data
From collecting-society supergroups to blockchain startups, plenty of people are working on the historically-tricky challenge of matching data for music recordings to the songs that they feature. Now you can add one more...
May 16, 2018
Universal promises to share Spotify windfall with its artists
With Spotify preparing for its direct public listing, Universal Music has settled a long-running question over how it will deal with any windfall from its shares in the streaming service. “Consistent with UMG’s approach...
March 6, 2018
New study explores impact of user-centric music-streaming payouts
‘User-centric’ streaming payouts refers to a proposed system where the royalties generated by someone’s subscription would be divided only between the artists that they listen to, rather than going into a central pool...
March 5, 2018
How would user-centric payouts affect the music-streaming world?
‘User-centric’ licensing is where the royalties from a streaming subscription only go to the artists who that subscriber listens to, rather than into a bigger pool split by overall share of all the streams on the platform. There...
March 2, 2018