Kobalt Music Group has fully acquired the music publishing and Neighbouring Rights businesses of Fintage House – one of the biggest players, and Kobalt’s toughest rivals, in the multi-billion dollar NR space.
The deal brings Fintage’s NR roster of artists – including Katy Perry (pictured), Bruce Springsteen and Britney Spears – into Kobalt, which already looks after Neighbouring Rights for acts such as Paul McCartney, Sam Smith, Ariana Grande and many more.
Source: Kobalt buys Fintage House’s music business to create Neighbouring Rights empire – Music Business Worldwide
The international debate over creators’ rights will soon have a new player, run by songwriters who understand it from the inside.
Swedish hitmaker Max Martin, ABBA member Björn Ulvaeus and pop songwriter Niclas Molinder are forming Music Rights Awareness, an organization that will work to educate musicians about their rights. Each will serve on the board of directors. Music Rights Awareness will work internationally, and its first project, Music Rights In Africa, will aim to educate songwriters in Rwanda, Malawi and Tanzania.
Source: Hitmaker Max Martin, ABBA’s Björn Ulvaeus Form ‘Music Rights Awareness’ Organization | Billboard
The deal marks the first major agreement for reproduction rights between YouTube and CMRRA in the territory – and comes less than a month after Canadian society SOCAN announced it was moving into mechanical rights with the purchase of Audiam.
CMRRA called the deal “a major step forward for Canada” – and an agreement which “completely changes the landscape for rights administration in this country”.
Source: YouTube strikes deal with Canadian mechanical rights agency CMRRA – Music Business Worldwide
Copyright Clearance Center, Inc. (CCC), a global licensing and content technology company, has announced the launch of its cloud-based RightFind™ Content Decision Support (CDS), an easy-to-use analytics platform that helps information center managers leverage the power of usage data to make smart decisions around content investments.
RightFind CDS combines comprehensive usage and spend data, predictive analytics and data visualizations, and budget forecast and planning tools in a single solution designed to help information managers bring actionable intelligence to their content acquisition strategy.
Source: Copyright Clearance Center Announces Launch of RightFind™ Content Decision Support Solution – Copyright Clearance Center
Keynote Conversation with Benji Rogers, Founder & Chief Strategy Officer, PledgeMusic
Interviewed by: Robert Levine, Contributor, Billboard / Author, Free Ride
Watch the RightsTech Summit Keynote HERE!
All together, our generous valuations of the entire major music rights industry – including both recorded and publishing catalogues – comes to $27bn.
If you had ownership of the kitty Softbank used to buy ARM, that would leave you a measly $5bn in change to pick up as much of the independent sector as you could muster. Which would be nigh on all of it. In other words, the amount Softbank just paid for ARM would, by and large, buy you the entire history of music rights. Just like that.
Source: A quick reminder of the power of the tech biz vs the music biz – Music Business Worldwide
PluraVida is an emerging company at the forefront of the RightsTech movement for digital content distributors, focused on the need for more accurate rights and ownership tracking and payments administration. After two decades in the industry, CEO and founder Sam Gilchrist sought to fill that need with the launch of PluraVida in 2014.
In the complex ecosystem of partners and channels that digital media companies operate in, PluraVida provides platforms that allow content creators and distributors to manage things like analytics, data, and revenue settlement. In the world of movies, video, music and video games, PluraVida plays a critical role in tracking rights and ensuring fair payment to artists and rights owners.
Prior to founding PluraVida, Gilchrist was President of Tradescape, and before that, he was Chief Information Officer at The Harry Fox Agency, and held leadership positions at SoundExchange and British Telecom. Digital Media Wire had the chance to ask Sam some questions about PluraVida and about his inspirations and goals as a company founder. Check out the interview below.
Source: 5 Questions With PluraVida’s Sam Gilchrist – Digital Media Wire