Beyoncé and the Eve of Disruption

Many people in the music business are anxiously awaiting sales and streaming results from Beyoncé’s newest album “Renaissance,” released last week. As the Wall Street Journal reported Friday, fingers are crossed that Queen Bey can snap the recent streak of commercial and/or critical disappointments among recent releases from major artists, including Post Malone, Drake, Kendrick Lamar and even Adele, whose November release “30” fell well short of her previous record sales. Early signs were not encouraging.

As HBO Max And Netflix Pull Back, What’s a Library Really Worth These Days? 

In the age of streaming, where content access is near bottomless, how much content is enough? How long is that tail? And what do we do with the slightly older stuff no one is looking for or watching?  Maybe the movie business can, once again, take a page from the music industry, where some artists have retaken control of their masters from labels 35 years after the original recording.

Source: As HBO Max And Netflix Pull Back, What’s a Library Really Worth These Days? (Bloom)

Antitrust Bill Targeting Big Tech in Limbo as Congress Prepares to Recess

Congress is set to depart for its August recess soon without acting on a bipartisan antitrust bill targeting the largest U.S. technology companies. Senate Majority Leader Chuck Schumer (D., N.Y.) plans to hold a vote on the legislation when Congress returns this fall. But the shrinking number of legislative days available plays to the advantage of the tech companies, which can declare victory if Congress doesn’t act.

Source: Antitrust Bill Targeting Big Tech in Limbo as Congress Prepares to Recess

‘Batgirl,’ David Zaslav and the End of Streaming Evangelism in Hollywood (Column)

Five years almost to the day after it began, Hollywood’s evangelistic fervor for streaming has been extinguished this week by the “Batgirl” imbroglio. Warner Bros. Discovery’s decision to scrap the completed DC Comics film that was bound for HBO Max marks the boldest example of Old Media economic rigor being applied to contemporary content spending. 

Source: ‘Batgirl,’ David Zaslav and the End of Streaming Evangelism in Hollywood (Column)

Reservoir Media Posts 46% Q2 ’22 Revenue Jump As Sync Thrives

Reservoir Media posted a double-digit revenue hike during Q2 2022 as sync and digital turned in material year-over-year gains.  Per the breakdown, the aforementioned $24.3 million in total revenue marks a 46 percent YoY boost when also factoring for income from acquisitions Reservoir’s made in the interim; the business is said to possess some 140,000 copyrights and 36,000 masters.

Source: Reservoir Media Posts 46% Q2 ’22 Revenue Jump As Sync Thrives

Oxford University Press Is Migrating Its Catalogue to Its Online Platform

A migration of Oxford University Press‘ books as well as journals to the online platform Oxford Academic announced Wednesday (August 3) is expected to “further streamline access to high-quality scholarly content,” according to media messaging. At this point, the company writes, more than 42,000 books and more than 500,000 chapters have been uploaded to the site, which already hosts some 500 journals and roughly 3 million articles.

Source: Oxford University Press Is Migrating Its Catalogue to Its Online Platform

Lawsuit from Grammy winner claims that YouTube’s copyright systems “reduce the value of all works” – Tubefilter

There’s another legal battle brewing between a major video platform and a Grammy winner, and this one has nothing to do with Bridgerton. On August 1, A California judge denied YouTube‘s request to throw out a 2020 lawsuit filed by jazz musician Maria Schneider. The suit, which argues that YouTube fails to protect smaller creators from infringement, will now be allowed to move forward.

Source: Lawsuit from Grammy winner claims that YouTube’s copyright systems “reduce the value of all works” – Tubefilter

Judge Backs Dismissal of ‘Implausible’ Amazon, Big Five Price-Fixing Suit

A week after a marathon hearing, magistrate judge Valerie Figueredo found no direct evidence of a conspiracy to fix e-book prices and eliminate retail competition, and recommended the case be tossed. At the July 27 hearing, lawyers for Amazon and the Big Five publishers insisted the suits were an ill-fated fishing expedition in the wake of the publishers’ 2012 price-fixing conspiracy with Apple.

Source: Judge Backs Dismissal of ‘Implausible’ Amazon, Big Five Price-Fixing Suit

Why HBO Max May Already Have Lost the International Streaming Race 

Warner Bros. Discovery says it will merge HBO Max and Discovery+ into a single platform that is commercially and technologically viable. But the conglomerate looks like it will be playing catch-up in streaming markets outside the U.S. for many years to come. That’s a dreadful blunder for a group that contains the iconic pay-TV brand HBO, and had already started to roll out its own direct-to-consumer service HBO Max.

Source: Why HBO Max May Already Have Lost the International Streaming Race — Analysis

Warner Bros. Discovery Weighs Free Ad-Supported Streaming Plan

Warner Bros. Discovery  is exploring launching a free, ad-supported streaming service, its chief executive said, the latest effort by a streaming giant to reach a broader audience as the competition for users intensifies. The free service would cater to cost-conscious consumers and serve “as an entry point to our premium service,” he said.

Source: Warner Bros. Discovery Weighs Free Ad-Supported Streaming Plan

ONErpm launches global music publishing service, ONE Publishing

ONE Publishing is being made available to both ONErpm’s premium distributed artists and labels, plus DIY-distribution accounts that meet certain criteria. ONErpm says that in the past three years, it has developed the necessary technology to register, identify, and manage compositions in compliance with international standards.

Source: ONErpm launches global music publishing service, ONE Publishing, partnering with multiple PROs worldwide

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