Spotify plots changes to the way it pays out royalties
Listen now
Description
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, Spotify's plans to change the way it allocates revenues to individual tracks and catalogues each month, and the confirmation that digital is now the biggest driver of revenue for the song rights collecting societies. SECTION TIMES 01: Spotify (00:04:35) 02: CISAC (00:18:27) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Spotify also in talks with industry to change track allocation process • Digital now biggest revenue generator for song right collecting societies, CISAC confirms ALSO MENTIONED • Hipgnosis vote shock: 83.2% of shareholders vote against continuation • Read CISAC's Global Collections Report 2023
More Episodes
On this week’s show, we discuss the launch of the record industry’s first major lawsuits against music-generating AI companies - with the RIAA coordinating litigation against Suno and Udio - plus a group of songwriters are suing PRS. SECTION TIMES 01: Labels v Suno + Udio (00:04:30) 02: News in...
Published 06/28/24
On this week’s show, we discuss the latest escalation in the fight over Spotify’s reclassification of its premium subscription as an audiobook and music bundle in the US, the lawsuit against Drake for putting one of his own song titles on a t-shirt, and the return of the band formerly known as...
Published 06/14/24
On this week's show we discuss the US government’s legal action against Live Nation that seeks to force it to sell off Ticketmaster, ticket touts’ plans to fight the Labour Party’s proposed 10% price cap on the resale of tickets, and more. SECTION TIMES 01: Live Nation (00:06:40) 02: News in...
Published 05/31/24