According to a new report from BMI, the company has surpassed revenue records for the fiscal year ending on June 30. The company distributed more than $1.118 billion in royalties to songwriters, publishers, and composers. That’s an increase of 9…
Category archives: Music Publishing
Major Publishers Will Receive an Estimated $1.5 Billion In the First Year After the Music Modernization Act Passes, Sources Say
Major music publishers are expected to reap a massive and near-immediate windfall if the Music Modernization Act (MMA) passes into law, according to sources. But critics argue that this unclaimed money doesn’t belong to them. As the Music Modern…
Embattled 6ix9ine Signs a Multi-Million Dollar Publishing Deal with Create Music Group
Create Music Group has announced the company’s new music publishing division and has signed a multi-million dollar deal with the controversial rapper Tekashi 6ix9ine. Yesterday, the University of Central Florida cancelled a performance by rapper …
A Fresh Battle Erupts Between Spotify and the Music Industry Over Music Videos
Spotify needs major labels and publishers, and major labels and publishers need Spotify. But that doesn’t mean they have to like each other. Several months ago, Spotify unveiled an interesting plan. The company would offer select indepen…
A Music Modernization Act Compromise Emerges — With Time Running Thin
Jockeying over the Music Modernization Act (MMA) continued this week in Washington. Now, another breakthrough compromise may be afoot — but time is precious. Royalty advocacy group Songwriters of North America (SONA) may have cause to celebrate, at le…
Music Modernization Act: NMPA Calls Sirius’ Protests ‘Patronizing,’ ‘Disingenuous,’ and ‘Pure Bullshit’
So much for diplomacy and compromise. Now, major music publishers are going for the jugular against Sirius XM Radio and its CEO, Jim Meyer, over the company’s recent protest against the Music Modernization Act. A spirit of compromise on Capitol …
Rocket Songs Is A Marketplace Of Original Songs
Jonathan Stone of original song marketplace Rocket Songs joins Michael Brandvold and Jay Gilbert on the Music Biz Weekly podcast. Music publishing is a multi-billion dollar industry that has been mostly undisrupted by the tech and data revolution. Rocket Songs is working change that and democratize music publishing. Music publishing…
There’s a Brand-New Management Company — for Songwriters & Producers
The most storied music managers are always tied to recording artists. But maybe that’s starting to change. Of course, the biggest hit songwriters and hotshot producers have their reps. And compositional machines like Hans Zimmer have their own …
G. Schirmer President Faces Legal Action Over Workplace Improprieties
G. Schirmer and its president, Robert Thompson, have been sued in the state of New York on allegations of workplace improprieties and sexual misconduct. The company, a widely-known classical publisher, is a division of Music Sales Corporation, which is…
US-Based PRO Pro Music Rights Reaches a 7.4% Market Share
Pro Music Rights — the fifth Public Performance Rights Society In U.S. — now controls a market share of 7.4%. The following announcement comes from Pro Music Rights, a company we’re excited to partner with to help broaden their awareness within …