Our biggest stories of the week, brought to you in association with Centtrip
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Author archives: Music Business Worldwide
India is home to the largest number of YouTube viewers in the world. But the platform’s music chart isn’t without flaws.
Amit Gurbaxani investigates why a lyric video with more than 400m views hasn’t charted on YouTube’s charts for India
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Phonorecords IV: Music publishers react to US streaming royalty rate rise
The headline royalty rate will be set at 15.35% for the years 2023-2027
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Following global success of acts like BTS and Blackpink, new fund launches in US to let investors back K-pop companies
“The global market for K-pop is still at an early stage of growth,” says Jangwon Lee, CEO of CT Investments
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Firebird takes flight, acquiring a stake in Red Light Management – with more deals on the way
Nat Zilkha and Nathan Hubbard are the co-founders of acquisitive, Raine-backed venture, say MBW sources
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Italy’s recorded music revenues grew 18.3% in H1, with Top 10 singles and albums dominated by local acts
Italy’s recorded music revenues topped €153 million in H1 2022
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The Beatles return North American merchandise rights to Universal’s Bravado
Deal reunites legendary band’s merchandise business with their recorded music catalog
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Warner Chappell Music strikes licensing deal with short-form video platform (and TikTok rival) Kuaishou
App reports to reach more than 180m monthly active users outside of China
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Can you feel the love tonight? Spotify and fellow music streamers strike agreement with publishers for 15.35% go-forward royalty rate in the US.
NMPA, DiMA and songwriter group NSAI send joint proposal to CRB – and avoid a costly legal war
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Repost is the cornerstone of SoundCloud’s artist services business. Repost’s founder just left SoundCloud.
SoundCloud acquired Repost in May 2019 for around $15 million
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