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At least half a dozen distributors and record labels are frustrated with the streaming service Napster due to late royalty payments, executives tell Billboard. In some cases, rights holders say Napster is a few months behind schedule; in others, the lag on payments is well over a year. Napster, despite its history as a pirate-disruptor to the recorded music business around the turn of the century, has long operated as […]
Queen's legendary guitarist Brian May is singing the praises of the up-and-coming U.K. band The Last Dinner Party, going so far as to call them "the new British Rock Royalty."May attended the band's Wednesday performance (Oct. 17) at London's Eventim Apollo, which was the first of two nights the rising rockers were playing at the venue as part of their Prelude to Ecstasy tour.What Brian May Said About The Last […]
The Irish Association of Independent Music (AIM Ireland) joins the pan-European Independent Music Companies Association (IMPALA) in seeking clarification from Spotify on new measures announced by the streaming platform. The Association of Independent Music Ireland has joined the independent music community in seeking clarification from Spotify on revamped royalties’ system In late November 2023, Spotify announced revenue allocation reforms which the company said were aimed at tackling the issue of […]
Naples, Florida - Newsfile Corp. - November 27, 2023 - In a momentous stride, Music Licensing, Inc. (OTC Pink: SONG) has etched its name in the annals of the music industry by acquiring substantial royalty stakes in the Mechanical Rights, Public Performance Rights, and Sync Rights of timeless works by global sensations Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey. This extraordinary move underscores Music Licensing, […]
PLEASE NOTE: If you place any of this information onto your site/news outlet, please feel free to send me the link to your post, so that we can further circulate. Thank you for posting! FOR YOUR POSTING CONSIDERATION, below, please find the recently released press announcement celebrating the arrival of music royalty, LALAH HATHAWAY to the SRG-ILS/Virgin Music family. New York, NY – The SRG-ILS Group (Universal Music Group/Virgin Music), […]
A headset is seen in front of displayed Hipgnosis logo in this illustration taken, June 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 6 (Reuters) - Hipgnosis Songs Fund Ltd (SONG.L), which had been undertaking a review of its financial position, said on Monday it would not declare dividends before its new fiscal year starting April 1 to save cash.Shares in the music investor dropped as much as 6.5% to […]
Photo Credit: Geo ChierchiaPRS for Music reports a record quarterly royalty distribution — the largest single royalty payment in the organization’s 109-year history — with live music touring and revenues from international markets among the key contributors.UK-based royalty collection and distribution pillar PRS for Music announces a record quarterly royalty distribution of $288.7 million (£239 million), a 13% increase compared to last October. The largest single royalty payment in PRS […]
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