Country Profile – Italy 2021
Italy made a great leap in the transition to digital music during the pandemic. Now its music industry is growing strongly.
The post Country Profile – Italy 2021 appeared first on Music Ally.
Source: Music ally
NMPA and Roblox reach a deal to dismiss $200m lawsuit
To co-opt the old adage about buses… you wait ages for a rancorous music publishing / tech dispute to be put to rest with an agreement that isn’t a licensing deal in itself, but paves the way for such deals… then two come along at once!
Yes, less than a week after the US National Music Publishers Association buried the hatchet with Twitch, it has now reached an agreement with Roblox – the gaming company it was suing for $200m alleging “unabashed exploitation of music without proper licences”.
As with the Twitch news, this is not a platform-wide licensing deal covering the NMPA’s members, but rather a bridging agreement that will give Roblox the time and space to reach its own deals with those publishers.
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Source: Music ally
WMG and Epic Games invest in music licensing startup Lickd
UK firm Lickd is one of the startups trying to make it easier for YouTubers and other online creators to license commercial music to use in their videos.
Now it has raised £5.1m of funding from some very interesting investors: Warner Music Group, Fortnite publisher (and Apple nemesis) Epic Games, and the investment firm of Pink Floyd’s Nick Mason, which led the round.
The WMG investment follows the major label’s licensing deal with Lickd in August 2020, which itself came a few months after the startup signed a similar agreement with Universal Music Group.
Lickd says it will use the funding to continue growing its library of tracks, developing its technology and expanding internationally.
The company first emerged in 2017, initially called Hookd before changing its name to Lickd later that year. It joined the Abbey Road Red incubator in early 2018, was a finalist in the Midemlab startups contest that year, and then raised £1.7m of funding in early 2019.
The post WMG and Epic Games invest in music licensing startup Lickd appeared first on Music Ally.
Source: Music ally
Report: Google may soon be indexing TikTok and Instagram videos
You’ll see a lot of YouTube videos when searching for artists on Google. What you won’t see are TikTok and Instagram videos. This may be changing soon.
The post Report: Google may soon be indexing TikTok and Instagram videos appeared first on Music Ally.
Source: Music ally
Tangy Market sells slice of song recorded by Christina Aguilera
Tangy Market analyses music’s past performance and future potential, then pays musicians upfront, converting the predicted royalties into shares to sell.
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Source: Music ally
YouTube launches music charts in Egypt, Saudi Arabia and UAE
YouTube launched its music charts in May 2018 in 44 countries initially, and has been expanding them geographically ever since.
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Source: Music ally
Poppy is the first artist to hold a listening party on Roblox
Gaming platform Roblox has hosted a number of music performances over the last year, but now it has launched another way for artists and labels to work with it: listening parties. Poppy (and her label, Sumerian Records) were the first to take advantage this past weekend. Unlike the concerts, this isn’t about an artist creating […]
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Source: Music ally
Dice raises $122m: ‘We’re now scaling, because we’re ready for it’
Ticketing firm Dice has raised $122m in its Series C funding round. Venture capital giant SoftBank’s Vision Fund 2 led the round, with Future Shape.
The post Dice raises $122m: ‘We’re now scaling, because we’re ready for it’ appeared first on Music Ally.
Source: Music ally