PROFILE Warner Chappell Music’s VP of Digital Licensing Natalie Madaj is at the forefront

PROFILE Warner Chappell Music’s VP of Digital Licensing Natalie Madaj is at the forefront

By Jonathan Dekel There is no doubt that the current pandemic has forced the majority of the workforce to shift how they do business, but for Natalie Madaj, Warner Chappell’s Vice President, Digital Licensing, North America, little has changed. “I have been extremely lucky to work remotely fairly often during my time with Warner Chappell,” Madaj says, “so I’m pretty used to it.” The only East Coast member of the Digital team, Madaj, who currently calls Washington D.C. home, spends […]

L’ARABIE SAOUDITE VA ACHETER WARNER MUSIC GROUP?

L’ARABIE SAOUDITE VA ACHETER WARNER MUSIC GROUP?

Le troisième plus grand détenteur de droits musicaux au monde, détenu à 100% par Access Industries de Len Blavatnik, pourrait plutôt envisager une vente privée. C’est selon une rumeur dans The Hollywood Reporter , citant une source proche de Blavatnik, qui suggère que le propriétaire milliardaire de Warner pourrait envisager de vendre la société de musique au Fonds d’investissement public saoudien. Si ce nom vous dit quelque chose, c’est probablement parce que le PIF – qui investit pour le compte […]

Saudi Arabia buys 5% of Live Nation

Saudi Arabia buys 5% of Live Nation

The country of Saudi Arabia has bought approximately $500 million of stock in Live Nation giving the nation’s Public Investment Fund a 5.7% stake in the live entertainment giant, making it the firm’s third biggest shareholder overall. Live Nation’s share price has taken a hammering since it became clear in mid-February that the COVID-19 pandemic was going to result in major lockdowns all across the world. All of the company’s core businesses – concert promotion, venue management and ticketing – […]

Vivendi : Le groupe LEGO annonce un partenariat international exclusif avec Universal Music Group (UMG)

Vivendi : Le groupe LEGO annonce un partenariat international exclusif avec Universal Music Group (UMG)

Le groupe LEGO annonce un partenariat international exclusif avec Universal Music Group (UMG), la première entreprise de divertissement musical au monde, qui permettra aux enfants du monde entier d’explorer leur créativité à travers le jeu, tout en s’exprimant grâce à la musique. Le partenariat s’articule autour du développement d’une nouvelle gamme de produits LEGO qui sortira en 2021, créée pour encourager et inspirer la prochaine génération de musiciens, d’artistes et de fans. Cette initiative ludique a pour objectif de renforcer […]

Sony invests $400m in Chinese video streaming platform Bilibili

Sony invests $400m in Chinese video streaming platform Bilibili

Live-streaming platforms are big business in China right now. On Friday (April 3), Linen Investment Limited – a wholly-owned subsidiary of China-based Tencent Holdings Limited – revealed that it is acquiring a controlling stake in Twitch rival Huya from NASDAQ-listed social media platform JOYY, for approximately $262.6 million in cash. Today, Sony Music parent company Sony Corporation, revealed that it has invested (via wholly-owned subsidiary Sony Corporation of America) approximately $400 million in China based mobile games, live streaming and […]

Deezer sees sports, meditation and kids podcast content spike during coronavirus isolation period as streams stabilize – Deezer Press

DEEZER SEES SPORTS, MEDITATION AND KIDS PODCAST CONTENT SPIKE DURING CORONAVIRUS ISOLATION PERIOD AS STREAMS STABILIZE Today we’re revealing the world’s new audio consumption habits that are emerging during the covid-19 pandemic. While on-the-move listening is obviously affecting streams, we’re seeing a positive shift towards home devices, live radio and mood listening. We’ve looked at the streams of music, podcast and radio across the world between March 2 – March 22, 2020 and here’s what we discovered: Lire la suite […]

Sony Launches $100M Virus Relief Fund

Sony Launches $100M Virus Relief Fund

BUSINESS FACEBOOK TWITTER EMAIL ME Sony CEO Kenichiro Yoshida The money will be split between supporting front-line medical workers, aiding educational efforts for kids who can’t go to school, and “supporting members of the creative community in the entertainment industry.” Sony Corp. said Thursday that it will launch a $100 million fund to support those around the world affected by the new coronavirus that causes COVID-19. The Tokyo-based conglomerate said the initiative would target three areas: supporting frontline medical professionals […]

BMG revenues climbed 10% to $674m in 2019… with a 23% profit margin

BMG, the world’s fourth biggest music rights-holder, saw its revenues increase 10.1% to €600m ($674m) in 2019. That’s according to a new annual report from the firm’s Germany-based parent, Bertelsmann, which further reveals that BMG’s operating EBITDA (Earnings before Interest, Tax, Depreciation and Amortization) stood at €138m ($155m) in the year. That operating EBITDA was up 13.1% on the prior year’s haul of €122m, and represented a profit margin of 23.0% (up on 22.5% in 2018). Impressively, BMG’s Euro-level revenues […]

Cents and Sounds: How Music Streaming Makes Money

Cents and Sounds: How Music Streaming Makes Money

The global music market experienced its fourth consecutive year of growth in 2018, generating over $19 billion in revenue. Music streaming now accounts for almost half of that revenue, with 255 million paid users worldwide. Today’s infographic from Global Web Index compares the popularity of streaming services, exploring how streaming behavior differs by age group and region. While listeners can now gain access to an abundance of streaming options—is the success of the industry good news for everyone? The Age […]

[CURA x GAM] Enquête sur la santé et le bien-être dans l’industrie musicale en France : une industrie de passionné.es sous pression

[CURA x GAM] Enquête sur la santé et le bien-être dans l’industrie musicale en France : une industrie de passionné.es sous pression

La Guilde des Artistes de la Musique et le collectif CURA , [crée en 2019 par Shkyd (beatmaker), Suzanne Combo (artiste / dg de la GAM), Sandrine Bileci (naturopathe) et Robin Ecoeur (journaliste)], vous révèlent aujourd’hui les résultats de la première enquête en France sur un sujet encore tabou : la santé mentale dans l’industrie musicale. Les spécificités de nos métiers engendrent des problèmes de santé physique et mentale sérieux (rythme de travail, voyages, travail nocturne, environnement festif, pression des […]

European music sector calls for ambitious export strategy

European music sector calls for ambitious export strategy

To overcome Europe’s fragmented landscape, cultural specificities and multiple languages, the music sector is asking for specific European Union-wide policies and increasing cooperation between Member States in order to improve the export of European repertoire within and outside the EU. Proposals to boost European music exports were outlined during the European Music Export Conference in Brussels, at the initiative France’s Le Bureau Export , Brussels-based research firm KEA , and EMEE (European Music Exporters Exchange), which have been tasked to […]

SoundExchange to launch online process to make claims on recordings

US rights society SoundExchange will introduce in November new features on its portal that will allow artists and sound recording owners to better manage their existing repertoire and to make new claims on recordings in SoundExchange’s databases. “This marks the most significant update to our client portal since it was introduced in 2014,” wrote SoundExchange Director of accounts services Michael Darpino and Director of rights management Scott Berenson in a blogpost . The new features will be part of the […]

Deezer IPO is back on – possibly; Middle East growth is happening – definitely

Deezer IPO is back on – possibly; Middle East growth is happening – definitely

Way before Spotify did its direct listing, Deezer was shaping up to be the music streaming service most likely to do an IPO. Everything was going swimmingly until October 2015 when it announced that it was postponing its plans to raise $343m this way – citing “market conditions” as the reason why. As Spotify was gearing up to make its play on Wall Street, Deezer CEO Hans-Holger Albrecht suggested in September 2017 that if its Swedish rival emerged covered in […]

How Music Publishers Are Driving a Full Stack Revolution

How Music Publishers Are Driving a Full Stack Revolution

Music publishing catalogues are gaining momentum fast as an asset class for institutional investments, with transactions ranging from large catalogue mergers and acquisitions (M&A) through to investment vehicles for songwriters’ shares such as the Hipgnosis Fund and Royalty Exchange. Since 2010 the number of publicly announced music catalogue transactions – across recordings and publishing – totalled $6.5 billion, with a large volume of additional non-disclosed transactions. This growing influx of capital has implications far beyond publishing, however, as ambitious publishers […]

New blockchain-based music streaming service Audius is a copyright nightmare

New blockchain-based music streaming service Audius is a copyright nightmare

New startup Audius says its blockchain-based music streaming service is the solution that finally pays attention to indie artists’ needs. It’s also full of pirated material. Audius’ website says “music platforms were at their best when they listened to what artists and fans wanted – not corporations or major labels” and that uploaded tracks can “never be censored or removed.” TechCrunch called Audius’ blockchain move its “ secret sauce ,” while Yahoo finance said it is “ adequately addressing the […]

Tencent Music to Face U.S. Lawsuit for Exclusive Licensing Deals

Tencent Music to Face U.S. Lawsuit for Exclusive Licensing Deals

Investor rights firms have called on investors to join the class action, yet in its early stage, against China’s music conglomerate. author: Belinda Zhou Tencent Music Entertainment Group (NYSE: TME) may soon face a class action suit as more than 10 U.S. law firms have called on investors in the Chinese music giant to join in the investigation. It was late August when it surfaced that China has been scrutinizing TME’s exclusive licensing deals with major record labels Sony Music […]

More Than 200 Quebec Musicians Demand Government Action Against Spotify, YouTube, Apple Music, Other Streaming Giants

More Than 200 Quebec Musicians Demand Government Action Against Spotify, YouTube, Apple Music, Other Streaming Giants

Quebec musician Pierre LaPointe Over 200 musicians signed a letter demanding that the Québécois government take action so that they can receive fair compensation from music streaming services such as Spotify. Recording industry revenues are surging, with the US-based market enjoying $5.4 billion in revenues during the first six months alone. The situation is similarly buoyant in Canada, but not everyone is profiting equally from this growth. According to measly stats recently shared with Digital Music News, Spotify pays music […]

Global Music revenues rise while songwriters find it difficult to maintain a livelihood

Global Music revenues rise while songwriters find it difficult to maintain a livelihood

Increases in music revenues are not being reflected in the paycheques received by artists and songwriters. This is a result of bad music metadata and low rates of pay per stream. By improving their matching CMOs (Collective Management Organisations) can promote sustainable careers in the music industry. Global music revenues have risen. This is largely as a result of the success of streaming. Even in the first 6 months of 2019, streaming in the US grew by 26 per cent. […]