Not too many people remain ecstatic about the Copyright Directive and its two controversial measures – Article 11 (the link tax) and Article 13 (copyright filters). Several weeks ago, the Copyright Directive – and the controversial Article 13 measure –…
Author archives: Daniel Sanchez
Scooter Braun’s Ithaca Holdings Quietly Settles Bitter Lawsuit Against Troy Carter
Scooter Braun’s very ugly lawsuit against Troy Carter has finally come to an end. Several months ago, Scooter Braun and his company, Ithaca Management Holdings, filed a multi-million-dollar lawsuit against former Spotify executive Troy Carter. Braun al…
Verve Label Group CEO Departs Following a UMG Classics & Jazz Restructuring
Following global consumption growth of classical and jazz music, Universal Music Group has restructured its Classics and Jazz division. Early this morning, Universal Music Group (UMG) has confirmed that Verve Label Group President and CEO Danny Bennett…
Amidst Legal Battles in 3 Continents, Spotify Enters High-Stakes Talks with Each Major Label
Spotify remains entrenched in legal battles across three continents. Will this ultimately hurt the company’s negotiating position? Nearly a year after its IPO, Spotify has reportedly entered into licensing agreement talks with the Big 3 – Universal, S…
Pandora Unveils ‘Sound On’ Marketing Campaign, Including a New Sonic Logo
SiriusXM continues to reshape Pandora’s identity. Yesterday, Pandora updated a key feature. Departing from its previous Thumbs Up/Down recommendation system, the digital radio service unveiled six new listening ‘Modes.’ The changes signaled the company…
Lawmakers Derail Sexual Harassment Law for Artists in Tennessee
Bowing to pressure from lobbyists, lawmakers in Tennessee have scuttled – for now – a new law that would protect musicians. In order to protect artists, songwriters, and other participants in the local music scene, lawmakers in Tennessee introduced HB …
Vinyl Rakes in More Revenue for the British Music Industry Than YouTube
YouTube continues to pay less than most other streaming mediums, according to the BPI (along with every other music industry trade body). According to a full-year 2018 report from the Entertainment Retailers Association (ERA), paid streaming revenue ov…
Sync Licensing Marketplace Songtradr Secures $12 Million in Funding
Songtradr continues its global expansion, with ambitions to transform a fragmented sync licensing industry. Last year, global sync licensing marketplace Songtradr confirmed a major fundraising round. The company had raised $4 million in a Series A roun…
Five Major South Korean Entertainment Companies Lose Nearly 18% of Their Market Value Following Sex Abuse Scandals
Investors aren’t too happy with Korean entertainment companies following multiple sex abuse scandals. Last week, multiple sex abuse scandals rocked the Korean music industry. It also dismantled several well-known K-pop groups. First, Seungri – dubbed …
The Canadian Independent Music Association Receives $20 Million in Budget Increase from Federal Government
The budget increase will allow the Canada Music Fund to offer more opportunities for domestic artists and entrepreneurs. The Canadian federal government has confirmed major budget increases for several artist-centered organizations. Canada Arts Present…