Within the report, the Paris-headquartered organization provides what it calls a “comprehensive” overview of data and analysis of global royalty collections across all repertoires. Music collections were the largest segment, with publisher and songwriter royalties collected by their societies globally growing by a record 28% YoY in 2022 to reach €10.8 billion.
News media publishers, as a group, made what turned out to be a costly error in the early days of the internet. Excited at the prospect of gaining uncounted new readers beyond their home markets they made their reporting openly available online for free. What they did not, and perhaps could not anticipate in those early days, was the monopolistic potency of network effects that would shape the online ecosystem. The result was to concede publishers’ direct connection with readers to search engines and social media platforms and the rupture of their relationship with advertisers.
As AI-generated porn becomes more advanced, adult film performers—like their mainstream peers—are calling for more protections against the unauthorized use of their likenesses and fair compensation for their content. For legendary adult performer Tanya Tate, the rise of artificial intelligence is eerily familiar. “It feels to me the way it did when there was a rise in pirated content,” she said.
Source: Porn Actors Say They Need Help Fighting AI Exploitation, Too – Decrypt
UK-based royalty collection and distribution pillar PRS for Music announces a record quarterly royalty distribution of $288.7 million (£239 million), a 13% increase compared to last October. The largest single royalty payment in PRS for Music’s 109-year history, over 4,000 members received their first royalty payments this month.
Source: PRS for Music Scores the ‘Largest Single Royalty Payment in Its History’
This morning Deezer has announced a partnership with French collecting society Sacem to “explore the artist-centric monetization model for publishing rights in music streaming.” That means “new ways of rewarding the value songwriters and publishers create” that “aims to ensure fairer compensation for publishing rights owners.”
Source: Deezer and Sacem to explore ‘artist-centric’ publishing payouts – Music Ally
Spotify is planning to make significant changes to its royalty payout model in Q1 2024 – with the intent to move USD $1 billion in royalty payments over the next five years to ‘legitimate’ artists and rightsholders. Spotify has been discussing details of its blueprint for the new royalty model with various music rightsholders in recent weeks.
With the dust still far from settled on the UMG / Deezer streaming royalty proposal, something even bigger is coming: Spotify is turning the concept into reality in Q1 2024. Streaming democratized access to the means of distribution, enabling an unprecedented growth in artists and releases. But the brake is now being firmly applied. Streams may have all been created equal, but now some streams are becoming more equal than others.
In a note to shareholders today (October 24) , HSF’s board said that “following substantive engagement with a number of parties”, it did not receive a “Superior Offer” as part of the ‘go shop’ process. HSF’s board said in a shareholder update that it had “received feedback through the process [from] a number of the parties assessed that they could not justify paying a higher price” than the $440 million offer from HSC.
Source: Blackstone-backed $440m acquisition offer for Hipgnosis Songs Fund assets sees off rival interest
Generative artificial intelligence (AI) platforms have been a subject of significant debate in copyright circles over the past year. A petition by Jonathan Weiss seeks a Section 1201 exemption to allow circumvention of access controls on generative AI platforms to enable security research into inherent biases programmed into AI platforms
As short-form video content platform TikTok continues to battle criticism from multiple fronts, the company revealed its latest data on copyright and trademark content removal requests in 2022, which have more than tripled from the previous year. In fact, the numbers from July to December 2022 far outshine and nearly double those from the first half of that year.
Source: TikTok Copyright Takedowns More Than Tripled in 2022