Katy Perry, Capitol Records and others ordered to pay $2.8m for copyright infringement

“Any song with a cowbell will [now] be sued by Blue Oyster Cult. Blue Oyster Cult will be sued by a cow.”
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‘Masters are owned by [the] artist’: Chance The Rapper manager Pat Corcoran inks ‘unprecedented’ deal with Warner Records for 99 Neighbors

“Proud to be a part of big changes in the music industry. Proud of the amazing art 99 has coming.”
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‘For artists, work ethic and intelligence are just as important as talent.’

What does the future of the recorded music business look like – and what role will labels play in its evolution? Mike Caren, one of the standout A&R minds in the US industry, gives his view…
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Sony/ATV to pay songwriters faster, introduce cash withdrawal service, in new royalty system upgrade

“I am proud to announce these ambitious new initiatives that will help to deliver our strategy to be the best service company in the world for songwriters.”
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Who are the two ‘major labels’ that have signed new deals with Spotify? Clue: not Universal or Warner.

Sony and Merlin both have active deals in place with Daniel Ek’s company, MBW understands
The post Who are the two ‘major labels’ that have signed new deals with Spotify? Clue: not Universal or Warner. appeared first on Music Business World…

Spotify’s paying subscriber base grows to 108m, as total Monthly Active User count hits 232m

Latest figures show growth both quarter-on-quarter and year-on-year
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FUGA acquires publishing rights management platform Songspace

FUGA claims that deal will “provide the only unified, end-to-end solution for record labels and music publishers that supports the full lifecycle of music”.
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Pandora user base fell by 6.5m in Q2 – but parent SiriusXM posts record $2bn in quarterly revenues

SiriusXM’s radio platform ended Q2 with 29.3 million self-pay subscribers
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Official: Mike Biggane leaves Spotify to join Universal Music Group as EVP, Music Strategies and Tactics

Creator of Spotify’s New Music Fridays moves label-side in Santa Monica
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Lil Nas X helps drive Sony Music streaming revenues up 27% to $605m in last quarter

Major labels now turning over more than $20m from streaming every single day
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