Day: 8 février 2021

Distributor PlayTreks hopes to stand out with analytics focus

At last week’s indies session at the UK’s parliamentary inquiry into music streaming, Aim boss Paul Pacifico suggested that major labels buying independent distributors wasn’t necessarily a concern as long as new independent firms sprung up to keep that sector thriving. We’re not saying PlayTreks is the next Awal, but it’s one of the newest companies to […]
The post Distributor PlayTreks hopes to stand out with analytics focus appeared first on Music Ally.
Source: Music ally

Mike Shinoda releases his first NFT – and it’s valuable

NFTs – nonfungible tokens – are rapidly pinging the radar of the music industry, as it wakes up to the decent sums of money being paid for digital collectible assets of various kinds. We expect to see a growing number of music-related NFTs this year, and Linkin Park’s Mike Shinoda – often early into new tech trends […]
The post Mike Shinoda releases his first NFT – and it’s valuable appeared first on Music Ally.
Source: Music ally

Hipgnosis Songs Fund raises another £75m for acquisitions

On the rare news-day when we don’t have a Hipgnosis catalogue acquisition to report, it feels like there’s often news of the company raising more money for its next swathe of deals instead. On Friday, Hipgnosis announced that it had raised £75m (around $103m) through its latest sale of shares, with MBW reporting that Morgan Stanley Investment Management led […]
The post Hipgnosis Songs Fund raises another £75m for acquisitions appeared first on Music Ally.
Source: Music ally

Triller hits back at UMG claiming artists can license direct

If you thought Donald Trump’s advisers’ attempts to overturn the US presidential election would be the most surprising legal arguments you’d hear in 2021… Well, Triller might just have, ahem, trumped them. After Universal Music Group pulled its catalogue from the short video platform saying it had “shamefully withheld payments owed to our artists”, Triller […]
The post Triller hits back at UMG claiming artists can license direct appeared first on Music Ally.
Source: Music ally

Spotify has now paid out more than €21bn to rightsholders

Spotify has filed its full report for 2020 with US regulator the SEC, and there are some interesting nuggets on the company’s business in there. For example: “Through December 31, 2020, we have paid more than €21 billion in royalties to certain record labels, music publishers, and other rights holders since our launch,” explains the filing. […]
The post Spotify has now paid out more than €21bn to rightsholders appeared first on Music Ally.
Source: Music ally

Aller à la barre d’outils