Hints and tips:
...Universal wants TikTok’s royalty money to go towards musicians, while TikTok wants the “royalty pot” to also be shared with fans who use AI to make their own tracks....
...In a separate antitrust case, Brussels is consulting with Apple’s rivals over the tech giant’s concessions to appease worries that it is blocking financial groups from its Apple Pay mobile system....
...Apple last month told music companies that it would pay up to 10 per cent more in royalties for songs produced in spatial audio....
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
...Grimes, the electronic artist, has offered to let people use her voice in AI-generated songs and split the royalties....
...Brookfield Asset Management has acquired the copyrights to Whitney Houston’s hit songs “How Will I Know” and “I Wanna Dance With Somebody (Who Loves Me)” as part of a $2bn push into music royalties in partnership...
...Big music companies earn billions of dollars a year through royalty payments from streaming services and social media groups including Spotify, Apple and Meta....
...Universal owns the copyrights of West’s recordings up to 2016 and distributed his music until last year. It collects royalties when this music is played....
...The big music companies earn billions of dollars a year through royalty payments from streaming services and social media sites including Spotify, Apple and Meta....
...Investors, who were once roped in with Mercuriadis likening music royalties to “oil or gold”, have been facing uncertainty for over a year now....
...Massarsky, whose Massarsky Consulting was bought by US professional services group Citrin Cooperman in 2022, has made a name for himself crunching the numbers for pop stars and record labels — Hipgnosis...
...Hipgnosis also axed payment of its interim dividend after warning over debt covenants following a change in royalty payments to songwriters in the US....
...The company is also in line to receive a windfall from a US court ruling that increased royalty payments....
...The music management group had floated a royalties fund in London with a tricksy corporate structure and an asset class that might be considered cool, at least relative to peers....
...In 1997 Bowie considered selling his master recordings before deciding to instead work with the insurance company Prudential to issue “Bowie bonds” that used future royalties from his songs as collateral...
...And then finally, pretty important issue as well is royalties. So how do you tax deep-sea mining? Marc FilippinoKenza Bryan is a Moral Money reporter for the FT. Thanks, Kenza....
...“It’s not about trophies this time,” said Rochelle Kopp, managing principal at the M&A advisory boutique Japan Intercultural Consulting in Tokyo....
...Brookfield puts $2bn in the jukebox Wall Street has been pouring cash into music royalties at a record pace, the latest entrant to the biz being financial behemoth Brookfield Asset Management....
...Big investors such as Pimco and Apollo were lured into music royalties for the first time....
...While it made €9.7bn in revenue in 2021, it also paid out $7bn in royalties. It ended last year with a net loss of €34mn....
...Despite courting criticism about royalty payments and the problematic $200mn deal with podcaster and arch-controversialist Joe Rogan, Spotify continues to grow while it, and its co-founder Daniel Ek, have...
...Having disrupted the music industry, books, travel, banking, taxis — you know the list by now — the Valley came for Tinseltown....
...This month, a ruling by the Copyright Royalty Board proposed an increase of more than 30 per cent in mechanical royalties for songwriters from sales and streams of their compositions....
...It doesn’t own the product it’s selling — music. So it paid $7bn in royalties in 2021. As a result, it is a low-margin business....
...It also receives royalties from the world’s biggest game makers, which licence its graphics software, the Unreal Engine....
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