The United States’ Copyright Royalty Board has approved new rates amid a long-standing battle between digital service providers and songwriters, recording artists and music publishers. Known as “Phonorecords IV” or “CRB IV,” the settlement will incrementally increase royalties for over the next five years until it reaches 15.35% in 2027, according to the board’s members. …
Tag Archives: Music Publishing
Insomniac Music Group and Sony Music Publishing Ink International Administration Partnership – EDM.com
Insomniac has signed a worldwide administration cope with Sony Music, inking a partnership that has the look of watershed second for the digital music powerhouse. Billboard studies the deal entails royalty assortment between the 2 corporations in addition to collaborative A&R schematics. The partnership arms Insomniac Music Group with a longtime administration associate to increase …
Swedish Home Mafia’s Masters and Publishing Catalog Acquired by Pophouse – EDM.com
Swedish Home Mafia’s catalog of music has been bought by Pophouse Leisure, an leisure funding firm based by ABBA member Björn Ulvaeus and EQT Founder Conni Jonsson in 2014. The acquisition consists of the grasp recordings and publishing, in addition to the author’s share, of the legendary dance music trio’s catalog. It additionally consists of …
Warner Music Acquires David Guetta’s Recorded Music Catalog for Practically $100 Million
When David Guetta in 2010 penned his timeless lyric, “These would be the finest memories,” little did he know these reminiscences would fetch almost $100 million. Warner Music has has acquired the rights to the dance music luminary’s recorded music catalog, which incorporates world hits “Hey Mama,” “Titanium,” and “Flip Me On,” amongst many others. …