PRS for Music collections fell by 19.7% in 2020 due to Covid-19
There is good news and bad news in this morning’s financials announcement from British collecting society PRS for Music. 2020 saw record payouts from the PRO of £699.4m ($973.5m) to songwriters, composers and music publishers....
April 26, 2021
Music Ally Report : Q1 2021 Edition
Our main feature this quarter is an analysis of the UK’s music streaming economics inquiry, including its key talking points so far, and what might happen next. The report went to press before this morning’s story...
April 21, 2021
MLC collects over $40m in first month of operations
The US Mechanical Licensing Collective (MLC) is up and running, collecting and matching publishing royalties from streaming services. The organisation has revealed details of its January collections and distributions, with...
April 20, 2021
Sentric blogs ‘the life cycle of a publishing copyright’
Pure-Horse sound amazing. “A four piece alternative band who are influenced by Radiohead, ABBA, The Ronettes, Slipknot, BTS and Little Mix,” apparently. “Imagine the songwriting sensibilities of The Beatles...
April 19, 2021
Björn Ulvaeus calls for higher songwriter royalties
‘Today’s pop industry cheats songwriters‘ is quite the headline for a Guardian guest column by one of the biggest songwriters of all. Björn Ulvaeus was writing as he co-launched a report with Midia Research...
April 19, 2021
Apple strikes at Spotify with streaming royalties claim
If you missed Friday’s breaking news: a company that pays out 52% of its music streaming revenue to labels is attacking a company that pays out 50-53% of its revenue to labels for being less artist-friendly! Or rather:...
April 19, 2021
PPL’s Q1 distribution is down 30% due to Covid-19 impact
UK collecting society PPL has announced its Q1 2021 distribution to artists and recorded music rightsholders, and it’s a good (if bleak) marker for the impact that Covid-19 has had on performance rights collections....
April 1, 2021
T-Series finally joins Indian collecting society IPRS
India’s collecting society IPRS now has a full set of major music companies from the country, after T-Series joined the likes of Saregama and Times Music (plus the local subsidiaries of Sony and UMG) as a member. “With...
March 31, 2021
Impala rejects ER but says labels should pay fair digital rates
Impala, which represents independent music companies in Europe, is the latest organisation to step in to the debate about the music streaming economy and how to reform it. “Our aim is to make streaming fairer and provide...
March 24, 2021
Ditto Music adds NFTs to its Bluebox blockchain platform
Distributor Ditto Music is moving into NFTs, but its plans will enable fans to acquire shares in songs, rather than just digital artwork. The company has launched an ‘NFT exchange’ as part of its Bluebox royalties platform,...
March 18, 2021
Ascap collections grew by 4.2% in 2020 to more than $1.3bn
The publishing side of our industry has been holding its breath waiting for data on the delayed impact of the Covid-19 pandemic, particularly on the revenues collected and distributed by collecting societies. Judging by US...
March 10, 2021