Music Rights Management Newsletter No. 11
TuneRegistry - Music Rights Administration Platform
A Publishing Administration Platform for Independent Rightsholders.
Intro
Welcome to the 11th edition of TuneRegistry's Music Rights Management Newsletter.?
Notable news this week:
Pinterest Strikes Deals with Warner, Merlin, and BMG to Expand Music On Platform
Help Articles
How to Setup Your Account for SoundExchange Registrations
Learn about the Harry Fox Agency and how to affiliate?
Learned about this unique identifier that is used within the Music Publishing industry
In the News
Asked whether the rapidly changing music business has made it untenable for a PRO to operate on a not-for-profit basis, O’Neill said, “We found that the old model stifled us in terms of investing in BMI, and investing for the future, and that we weren’t able to actually grow. For example, if we wanted to invest in an IT project, that meant we couldn’t invest in other areas of the company, because it would affect that year’s distribution. But by changing the model, we’re able to bring in financing, we’re able to reinvest in companies, we’re able to profit from those companies and invest those to the benefit of BMI. We’ll be using this to enable BMI to do things that we were held back from doing.”
“The subscription prices for Apple Music, Apple TV+, and Apple One will increase beginning today,” an Apple spokesperson said in a statement to 9to5Mac — the new prices are already live on the company’s site. “The change to Apple Music is due to an increase in licensing costs, and in turn, artists and songwriters will earn more for the streaming of their music. We also continue to add innovative features that make Apple Music the world’s best listening experience.”
A court in California has ruled in favor of US performance rights organization SoundExchange in its lawsuit against Slacker, Inc. and parent company LiveOne in the US over unpaid royalties owed to creators and rights owners.
SoundExchange in June sued Slacker, a music platform that offers free and subscription-based access to licensed songs via music stations, accusing the firm of failing to pay statutory royalties to creators in 2017.
The new partnerships expand Pinterest’s existing royalty-free music library to include licensed tracks powered by B2B digital music platform 7Digital.
Additionally, according to the announcement issued on Wednesday (October 19), music licensing company (HFA’s) Rumblefish is providing Pinterest with music metadata and license management services.
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But with non-DSP partners, rightsholder recognised that it was still too early to define exactly what the dominant use cases would be and opted for blanket type deals instead, thus monetising new partners while leaving room for innovation. Now though, creators and rightsholders alike are coming to the point of view that the time is right for greater clarity and definition, with calls for ad revenue share as a starting point. But even if these changes were to come into play, there is a much more fundamental issue at hand: the music business does not have a format to license to non-DSP partners.
Responding to a request from the Office of the US Trade Representative (USTR), the music group highlighted several of these sites in its annual overview of ‘notorious’ piracy markets.
“There are online services that, purportedly using artificial intelligence (AI), extract, or rather, copy, the vocals, instrumentals, or some portion of the instrumentals from a sound recording, and/or generate, master or remix a recording to be very similar to or almost as good as reference tracks by selected, well known sound recording artists,” RIAA writes.
Worthy Reads
Partner?News
The First Set of Unmatched Data from Spotify Now Available In The MLC Portal
Members are now able to search the next set of historical unmatched royalty data — data that remained unmatched after we completed our initial internal matching processes — using the Matching Tool in The MLC Portal. This set of data consists of unmatched data from Spotify for usage that took place between 2011-2013.
Due to the large amount of unmatched data from Spotify, we will be uploading this data to the Portal in phases. We expect the remaining sets of unmatched data from
We are happy to report that SoundExchange distributed $238.9 million in digital royalties to creators in the third quarter of 2022. When combined with the $464.9 million distributed the first half of the year, this brings annual distributions to date to $703.8 million.
As the only U.S. entity designated by Congress to administer the Section 114 sound recording license, SoundExchange collects and distributes these royalties to the musicians and rights owners to which they are due. Since 2003, SoundExchange has distributed more than $9 billion directly to 570,000 music creators.
We’ve seen the return of a vibrant music community in 2022, and SoundExchange will continue to work to make the business of music easier for creators to receive payment for their artistic contributions.
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