Music Industry News

Sony/ATV Inks a Major Partnership With TikTok Talent Agency TalentX — But Is a TikTok Ban Ahead?

Photo Credit: antonbe Sony/ATV Music Publishing and TikTok talent agency TalentX have inked a major partnership agreement, but with rumors of an imminent TikTok ban in the U.S., the deal’s long-term implications are unclear. Sony/ATV and TalentX recently unveiled their global agreement, but haven’t yet addressed the possibility of a TikTok ban. Essentially, the deal […]

Music Industry News

How to License Your Music Directly From Your Website & Win

While most new productions are presently at a standstill, the broader production of visual media, including film, television, commercials, and video games, continues to explode. For artists stuck in isolation, this could be the perfect time to set up a sync licensing machine. Unsurprisingly, streaming platforms like Netflix have exploded in popularity during lockdowns.  But […]

Music Industry News

Hipgnosis Acquires 70% of Mark Ronson’s Song Catalog

Song-investment fund Hipgnosis, evidently unfazed by the economic strains of the coronavirus (COVID-19) crisis, has acquired 70 percent of Mark Ronson’s song catalog. The acquisition is the latest in a series of high-profile catalog purchases for the United Kingdom company, which was founded by former Guns N’ Roses, Elton John, and Beyoncé manager Merck Mercuriadis […]

Music Industry News

SOCAN Says All Its Songwriter Checks Will Arrive on Time — Unlike Some PROs

SOCAN’s Toronto HQ Despite a global pandemic that is wreaking havoc on global public performance royalties, Canadian PRO giant SOCAN says its checks are getting mailed on time. The reassurance comes after a troubling delay at US-based public performance giant ASCAP, which has delayed songwriter payments for weeks as it sorts out its accounting.  “Just […]

Music Industry News

BeatStars Broadens With a Sony/ATV Music Publishing Tie-Up

Sony/ATV employees, including CEO Jon Platt, with BeatStars’s founder, Abe Batshon. BeatStars, the digital marketplace that Lil Nas X utilized when creating his career-launching “Old Town Road” track, has inked a deal with Sony/ATV Music Publishing. Sony/ATV and BeatStars officially shared news of their with Digital Music News today. Per the agreement’s terms, Sony/ATV will […]

Music Industry News

Hipgnosis Songs Secures a $189 Million Credit Facility; Refinances $82 Million Tranche

UK-based song-investment fund Hipgnosis has refinanced an existing $82 million (£65 million) credit line and, in turn, secured a $189 million (£150 million) credit facility. London law firm Herbert Smith Freehills helped Hipgnosis to coordinate and arrange the credit facility, which was issued by a collection of seven banks, including JP Morgan. The involved lenders […]

Music Industry News

ASCAP Plot Thickens: Publishers Are Getting Their Checks — Songwriters Aren’t

More smoke is emanating from ASCAP HQ — and it doesn’t look good for songwriters. Last week, we first reported on a leaked ASCAP memo sent to hundreds of thousands of members, one that pointed to serious disruptions in the US-based performance royalty marketplace.  The letter, from CEO Elizabeth Matthews, described serious drops in collections […]