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ASCAP Reports Record Collections, Distribution in Songwriter Royalties

ASCAP collections grew 14.1% to $1.737 billion in 2023 and payouts to songwriters and publishers increased 14.7% to $1.592 billion, the performance rights organization reported Wednesday (Feb. 28). Those figures represent a record year for ASCAP in both revenue buckets, as well as all-time highs for any U.S. performance rights organization ever, ASCAP claimed. The last time BMI revealed its annual financials — for the year ended June 30, 2022 […]

todayFebruary 28, 2024 1

News

Israeli troops may have fired on their own citizens at Supernova Music Festival, reports suggest

Fresh reports unveil a troubling narrative surrounding the events near the Gaza border on October 7. They suggest that Israeli troops may have resorted to indiscriminate firing into civilian areas, resulting in a number of Israeli deaths.WhatRegarding the October 7 incident where Hamas reportedly opened fire at Israeli civilians and took many hostages, an Israeli police investigation into the Nova music festival attack has now shed new light on the […]

todayNovember 20, 2023 3

News

Dhanush to play Ilaiyaraaja in the music maestro’s biopic: reports | Tamil News

Actor Dhanush has reportedly been roped in to play the role of legendary music composer Ilaiyaraaja in the latter’s biopic. According to the reports, the film will go on floors in 2024 and aim for a 2025 release. Ilayaraaja’s music is popular around the world and has been bestowed with the moniker of Isaignani, which translates into a ‘musical sage’.Most Read 1 Cricket World Cup: Why India is not in […]

todayOctober 31, 2023 3

News

Drug-spiking reports rise fivefold but proportion leading to charges fall | Drugs

Drug-spiking incidents reported to the police have increased five-fold in five years, yet the proportion leading to a criminal charge is falling, freedom of information (FoI) requests show.Almost 20,000 reports of spiking were received in the past five years by 39 police forces that responded to FoI requests sent out by Channel 4 for a documentary.Yet the proportion of the reports that were investigated and resulted in a criminal charge […]

todayOctober 23, 2023 4

News

BMG Reports 11.6% H1 2023 Growth As Revenue Tops $450M

Berlin, Germany, where both Bertelsmann and BMG are headquartered. Photo Credit: Norbert BraunBMG achieved an 11.59 percent year-over-year revenue boost during 2023’s opening half, generating €414 million (currently $452.33 million) during the six-month stretch, according to a new earnings report from its Bertelsmann parent. By category, roughly 62 percent of the revenue total derived from publishing, per a supplemental H1 2023 resource put out by BMG itself, against 34 percent […]

todayAugust 30, 2023

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