Music company Reservoir Media published its latest quarterly financial results yesterday, and they included its annual figures.
Independent music publishers had a 27.1% market share in 2021
Independent music publishers accounted for 27.1% of the global publishing market in 2021 according to the latest report from the IMPF.
Italian watchdog AGCM investigates Meta over its music dispute
Meta appears to have not just opened a can of worms, but tipped that can all over itself, with its music-licensing dispute in Italy.
Digital sheet-music startup Enote raises €10m funding round
Enote is the latest startup focusing on digital sheet-music, and it has raised a €10m funding round to continue building its technology.
Utopia’s music services boss Roberto Neri joins Believe as publishing CEO
Utopia Music’s head of music services Roberto Neri has announced that he is joining Believe as its CEO of publishing.
Utopia Music sells Sentric to Believe – but what happens next?
Distributor Believe is buying publishing-tech firm Sentric from Utopia Music, in what has been a tough time for the latter company.
Kobalt revenues up 22% as advances and catalogue spend hits $300m
Kobalt’s revenues grew by 22% last year, and that it spent more than $300m on advances and music catalogues.
Musicians name Earth as a co-writer to raise funds for climate activism
We knew that the modern music industry often involves more co-writers on songs, but here’s one we didn’t see coming: the Earth itself.
Lyric Capital raises $800m for music catalogue acquisitions
For all the predictions that the recent boom in music catalogue acquisitions must come to an end, there is still funding pouring in.
Lickd seals metaverse music deals with Empire and Kobalt
The licensing models for music in the metaverse – specifically virtual worlds and online games – are famously… nascent.
Warner Chappell taps startup Song Sleuth to boost UGC revenues
Song Sleuth has built a tool to hunt down “undiscovered” royalties from user-generated content and derivative works.
NMPA boss talks AI music: ‘This is not necessarily bad…’
The boss of the US-based National Music Publishers’ Association (NMPA) has been giving his views on creative AI.