CISAC’s first global study on AI’s impact predicts creators could lose €22 billion in revenue by 2028 (€10 billion in music, €12 billion in audiovisual) if regulations remain unchanged. »
Music copyright brought in $45.5 billion in 2023, according to Will Page, who has collated industry stats to calculate a figure for the entire sector. »
US recording artists will now get neighboring rights royalties from South Africa, thanks to a new deal between SoundExchange and SAMPRA. »
Record labels are urging for per-song rather than per-album damages in their copyright infringement case against Grande Communications. »
Quincy Jones, the legendary musician and producer with a seven-decade career and 28 Grammy wins, passed away at 91 on November 3. »
The Youtube Guide for the Music Business YouTube is enormous! The network spans all corners of the earth, is generating healthy revenues, has more people listening »
In 2023, global music royalty collections hit a record €11.75 billion, up 7.6%, according to CISAC. This growth was driven by a 9.6% rise in digital royalties from streaming subscriptions and an 8.2% recovery in live performances after the pandemic. »
The Mechanical Licensing Collective (MLC) has distributed nearly $2.5 billion in royalties since it started operations three and a half years ago. That’s a $1 billion increase in the past year alone. »
Latin music hit a record $685M in revenue during the first half of 2024, according to the RIAA’s latest report, marking a 7% increase from the same period in 2023. »
A little over two months after SoundExchange filed a lawsuit against AccuRadio over unpaid royalties, the two parties have reached a temporary payment agreement. »
Industry groups representing major record labels and streaming platforms have urged Canada’s telecom regulator, the CRTC, not to treat streaming like radio in its regulations. »
The Human Artistry Campaign and hundreds of creators are urging Congress to pass the No Fakes Act, a proposed law to protect against AI-generated imitations of voices and likenesses. »
The IFPI’s latest report warns that the EU’s music industry risks falling behind in global growth, despite domestic success. »
Spotify has won a long-running court case, in which it was accused of streaming Eminem's music without permission. »
The Brazilian authorities have been running a new anti-piracy programme called Operation Redirect targeting torrent, stream-ripping and illegal download services in the country, with eight websites being taken down so far. »
YouTube Music was named the most adopted music streaming service in Q2 2024 by Kantar’s research, driven by increased interest in non-music audio formats like podcasts and audiobooks. »
The rapid evolution of AI appears to be outpacing the legal system, as evidenced by a copyright infringement lawsuit against Anthropic, which may not go to trial until 2026. »
Trapital Summit is the premier place for visionaries, innovators in music and entertainment. We have a curated lineup of CEO-level speakers to join us for intimate, »
What is Synchronization Licensing? There is a lot of video content out there, and much of it uses music! Synchronization licensing is the process by which »
Luminate’s mid-year report for 2024 reveals significant growth in the recorded music market. »
A number of organizations representing artists and songwriters in the US have praised the US Copyright Office’s ruling on termination rights under the Music Modernization Act. »
What is Non-Interactive Music Streaming? Non-interactive music streaming differs from on-demand, or interactive, streaming because it allows users to play music but does not allow them »
Spotify's annual Loud & Clear report shares country-level data on artist remuneration, offering insights into digital music markets. »
SCPP have entered a partnership to improve royalty collections and enhance their bargaining power in the music industry. »
CMRRA reported an 8.9% year-over-year increase in mechanical royalty payouts in 2023, totaling CAD $78 million (USD $57.8 million). »
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