NEW ADS URGE OPPOSITION TO PERFORMANCE TAX ON LOCAL RADIO
New advertising campaign launches to oppose proposed performance tax on local radio stations. The initiative aims to prevent additional fees that would impact radio broadcasters....
PRS for Music: Free Guidance for Aspiring Creators
PRS for Music hosts free educational event in Manchester on October 15, teaching songwriters and producers how to increase streaming royalties and generate income from...
Hasbro’s eOne Deal Signals Growth
Hasbro's acquisition of Entertainment One includes Death Row Records, the iconic 90s hip-hop label. The toy giant plans to collect royalties while expanding its entertainment...
Dubset Merges with Rumblefish to Unlock DJ Mix Royalties
Dubset Media merges with HFA's Rumblefish to create first-ever automated royalty system for DJ mixes and remixes, enabling proper tracking and payment of mechanical royalties....
ASCAP and Radio Music License Committee Sign Agreement
ASCAP and the Radio Music License Committee announced a five-year agreement setting rates for over 10,000 commercial radio stations through 2021....
BMI ANNOUNCES HIGHEST REVENUE IN COMPANY’S HISTORY
BMI announces historic $1.06 billion revenue and distributes record-breaking $931 million to songwriters and publishers. Digital revenue surged 50% to $152 million with deals from...
Canadian Music Labels Receive $2 Million in Royalty Boost
Canadian music labels receive $2 million boost through efficiency improvements by CONNECT Music Licensing and Re:Sound, reducing admin costs by 28%....
Downtown Music Publishing Launches New Division
Downtown Music Publishing launches new Neighbouring Rights division to collect artist compensation from satellite and online radio performances. The service generated over $800 million in...
SOCAN Reports Record $310M in Music Royalties
SOCAN reports record $310 million in music royalties for 2015, marking first time exceeding $300M milestone. Canadian music creators including Drake and The Weeknd contribute...
Musicnotes on its Way to $60 Million in Paid Royalties
Musicnotes announces it will soon reach $60 million in royalties paid to music publishers and songwriters since 1999. The digital sheet music leader distributed $10...
Groups Unite Against Radio Performance Tax
Diverse organizations including NOBEL/Women, Intertribal Agriculture Council, and US Hispanic Chamber of Commerce join Free Radio Alliance to oppose performance tax on radio stations....
Congress Backs Local Radio Freedom Act
Congress adds three new co-sponsors to the Local Radio Freedom Act, bringing total support to 173 House members and 13 Senators opposing new performance fees...
Azoff’s Venture Seeks 30% Higher Radio Royalties
Irving Azoff's new venture Global Music Rights seeks 30% higher royalties from radio stations, representing major artists like Journey and Pharrell Williams outside traditional ASCAP/BMI...
SoundExchange Q2 Digital Radio Report
SoundExchange paid $161 million to artists and labels in Q2 2014, marking an 8% increase from the previous year with over 22,000 payees benefiting....
Royalty Exchange & Fender Music Foundation Partnership
Royalty Exchange partners with Fender Music Foundation to let songwriters and publishers donate royalty rights for music education. The auction marketplace will monetize these donations...
Music Royalty Investments Expand With New Offerings
Royalty Exchange launches multi-unit auctions allowing multiple investors to buy shares in music royalties, starting with 3 Doors Down hits like 'Kryptonite.'...
NAB Statement on Songwriter Royalty Legislation
NAB opposes new Senate legislation that would increase songwriter royalty rates for radio stations, citing concerns about costs threatening free local radio service....
Royalty Exchange Launches “Replay” Auction, Hires Rusty Harmon
Royalty Exchange auctions Zendaya's platinum hit 'Replay' starting at $37,600 while hiring former Hootie & The Blowfish manager Rusty Harmon as VP of Music Sales....
Royalty Exchange Partners with ICAP Patent Brokerage
Royalty Exchange partners with ICAP Patent Brokerage to auction patent royalties online, expanding beyond music into tech IP investments for alternative asset buyers....
IRS Targets Michael Jackson Estate for $700M
The IRS is demanding $702 million from Michael Jackson's estate, claiming executors vastly undervalued his assets at $7 million when the actual worth was $1.125...
ASCAP Celebrates 100 Years at Library of Congress
ASCAP celebrates 100 years with a major exhibition at the Library of Congress featuring historic manuscripts, Supreme Court documents, and artifacts from legendary artists including...
Royalty Exchange: 3 Doors Down Auction Success
Royalty Exchange announces auction of 3 Doors Down song royalties including Grammy-nominated hit 'Kryptonite.' The Feb. 11 sale marks the company's highest offering since 2011....
SoundExchange Extends CEO Michael Huppe’s Contract
SoundExchange extends CEO Michael Huppe's contract through 2018. Under his leadership since 2011, the organization has paid nearly $2 billion in royalties to artists and...
Royalty Exchange and Lipsky Music Partnership
Royalty Exchange partners with Lipsky Music's Loud & Proud Records to offer artists innovative royalty liquidation services as alternative to traditional loans....
Tupac’s Mom Sues E1 for $1.1M Over His Music
Afeni Shakur, Tupac's mother and estate co-administrator, is suing Entertainment One for $1.1 million in unpaid royalties from 'Beginnings: The Lost Tapes' album....