TikTok’s SoundOn distribution arm is enjoying a busy start to 2023. Now it has switched distribution partners to FUGA.
Major labels Sony Music and Warner Music are following Universal Music in suspending their operations in Russia, due to the invasion of Ukraine.
The alliance plans to create “an orchestra of definitive data, with each player maintaining its own information while collaborating to create a symphony of media intelligence”.
Yesterday’s keynote from Mark Mulligan at the NY:LON Connect conference was followed by a panel about the future of music distribution.
Fuga boss Pieter van Rijn has been outlining where he sees future revenue growth coming from, in his speech at the Music Ally China Digital Summit.
“The continuous rise of UGC and social platforms in combination with the emergence of significant locational DSPs in, for instance, Asia and Latin America is really important and it will continue to unlock growth and value for existing and future content,” he said, before predicting that the music industry’s data analysis capabilities will enable it to be “more predictive and more prescriptive”.
Van Rijn also cited blockchain technology as encouraging. “The word that at some point was very popular, then became a bit of a swear word, and is now back on the table again,” as he put it.
Last year, distributor Fuga announced a partnership with Space Shower Networks to launch a joint venture in Japan in 2021. Now it has opened for business.
In its original incarnation of Dot Blockchain, Verifi Media was one of the first startups to explore what blockchain technology might bring to music and other media industries. Post-rebrand, the company launched […]
Music distribution company FUGA has announced the appointment of new senior hires, six months after being acquired by Downtown Music Holdings. The Netherlands-based company has now signalled their ambition by bringing in a […]
This is a guest column from Pieter van Rijn, CEO of FUGA:
“All around the world we are facing an unprecedented crisis, the likes of which haven’t been seen on this scale since before most of us were born. Like most industries, this also has also had implications for the music business, some parts more than others. We are getting all too used to hearing of festival, tour and conference postponements or employees losing their jobs.
Against these truly overcast skies, there are ways to make the best of the situation. We’ve all been forced to refocus on what we do and why, as we reimagine our workforces working from home. While disruptive, this focusing process not only enables us to cope best in the short term but to emerge stronger once the clouds clear.
Of course, working from home presents its challenges; for those looking after children normally at school, for singles and even more so single parents. But most of us who traditionally commuted to the office every day have been surprised by how much can be achieved. We have also quickly shaken off some outdated norms — a video conference with a baby or pet being introduced at the start of the meeting is if anything quite charming.
In this period of disruption, taking the time to revisit your objectives and key results provides an opportunity to clarify staff members’ priorities. And in fact, being removed from the general melee of an office can make it easier for team members to focus more clearly on their individual objectives.
Downtown Music Holdings, the parent company of Downtown Music Publishing and Songtrust, is buying distributor and music/tech services company FUGA, for an undisclosed amount.
The deal comes just 10 months after Downtown made a splash with the acquisition of AVL Digital Group, whose subsidiaries included CD Baby, AdRev, DashGo and Soundrop.
AVL is the entity making the acquisition of FUGA, which means that the latter will now be a sister company of CD Baby under the AVL umbrella. Downtown says that FUGA will “continue to function as a standalone business” within the group.
Distributor FUGA is getting its wallet out again: this time with an acquisition of Nashville-based rights-management firm Songspace. Billed as “your online song catalogue”, the company promises musicians that its tool […]
Spotify and Apple Music have both updated their lists of ‘preferred’ music distributors in recent weeks, with Fuga the prominent new addition to both. The company is now listed alongside The Orchard […]