Royalty

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News

Association of Independent Music Ireland seeks clarification on Spotify’s revamped royalty system

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 […]

todayDecember 7, 2023 3

News

Major Triumph: Music Licensing, Inc. (SONG) Secures Coveted Royalty Stakes in Masterpieces by Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey

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, […]

todayNovember 27, 2023 3

News

For Immediate Release: THE SRG-ILS Group Proudly Welcomes Multi-Award Winning Singer-Songwriter-Producer And Music Royalty, LALAH HATHAWAY To The SRG-ILS Label

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), […]

todayNovember 18, 2023 4

News

Music royalty fund Hipgnosis freezes dividend pay till new fiscal year

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 […]

todayNovember 6, 2023 4

News

PRS for Music Scores the ‘Largest Single Royalty Payment in Its History’

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 […]

todayOctober 25, 2023

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