Music Industry News

Music Benefactors Wants to Solve the Crowdfunding Riddle for Musicians — Introducing the ‘Artist Public Offering’

Matthew Lutz, Founder & CEO, Music Benefactors On November 14th, 2019, Taylor Swift wrote an open letter to the public, the music industry, and, most importantly of all, her many millions of fans. In it, Swift — who has sold over 50 million records and became a global sensation long before her 30th birthday — […]

Music Industry News

BMG Parent Company Bertelsmann to Become Carbon Neutral by 2030

Thomas Rabe (l), Chairman & CEO of Bertelsmann; and Immanuel Hermreck (r), Chief Human Resources Officer BMG parent company Bertelsmann has committed to becoming carbon neutral by 2030. The multibillion-dollar conglomerate announced the commitment via a formal media release. Bertelsmann also indicated that the initiative would be undertaken as part of Science Based Targets, a climate-awareness […]

Music Industry News

Primary Wave Inks a Major Publishing+Recording Deal With Power Ballad Gods Air Supply

Primary Wave has purchased a 70% stake in the song catalog of Air Supply, a two-piece soft-rock band from Australia. The deal, loosely valued in the millions, also involves a substantial interest in the group’s recording asset revenue streams.  Popular tracks like “All Out of Love,” “Making Love Out of Nothing At All,” and “Lost in Love” are included […]

Music Industry News

Issa Rae Taps Kobalt for Global Music Distribution for Raedio Publishing

Photo Credit: Bam0822 / CC by 4.0 Today Kobalt announced a global publishing deal with Raedio Publishing, Issa Rae’s company. The new global partnership includes creative and administration services. That includes providing guidance and funding on new Raedio signings and more. Issa Rae’s YouTube series, “The Misadventures of Awkward Black Girl,” started her rise to […]

Music Industry News

Universal Music Publishing Group Offers Realtime Earnings and Data to Its Songwriters — Introducing ‘Window’

Universal Music Publishing Group has launched UMPG Window, a digital resource that provides creators with instant access to their songs’ real-time earnings data and information.  UMPG Window is available both on computers and mobile devices; the website/app bills itself as “The Future of Royalty Portals.” According to Universal Music Publishing Group’s press release and the platform’s Apple Store […]

Music Industry News

Federal Judge Allows Global Music Rights, Major Radio Stations to Air Their Antitrust Grievances

Global Music Rights founder Irving Azoff The legal battle between Global Music Rights (GMR) and the Radio Music License Committee (RMLC) has taken another interesting turn, as a federal judge has allowed each of their antitrust lawsuits to proceed. GMR had been attempting to dismiss the RMLC’s antitrust lawsuit, which alleges that the performers’ rights […]

Music Industry News

Mariah Carey Drops a PRO Bomb — Ditches BMI for ASCAP

Mariah Carey has moved her extensive catalog to performance rights organization ASCAP. The superstar was previously with BMI. ASCAP trumpeted the big news early this morning. ASCAP CEO Elizabeth Matthews indicated that she and her team are “honored” to have a “legend” like Carey join the organization. Carey was previously signed with BMI (Broadcast Music, Inc.), and […]