The U.S. Copyright Claims Board has been live for a few days and thus far 19 cases have been filed. This doesn’t include any file-sharing piracy claims. Most cases are filed by smaller creators, including an artist who accuses Paris Hilton of repeatedly sharing photos on social media that infringe on her fairy wing design.
According to Reservoir founder and CEO, Golnar Khosrowshahi, Reservoir’s upcoming pipeline of potential deals “remains robust”. Khosrowshahi added that her company expects to “deploy over $100 million in new capital in fiscal 2023 that will help us broaden and further diversify our portfolio”.
President Barack Obama and Michelle Obama are going into business with Audible, the Amazon-owned audio storytelling platform. The deal comes after the Obamas’ exclusive podcast pact with Spotify, originally inked in 2019, came to an end. Spotify says it declined to renew the deal; according to sources, the Obamas wanted their podcast programming to be distributed as widely as possible and not exclusive to Spotify.
For a long time, every Collective Management Organisation (‘CMO’) having their own set of systems and databases was the norm. It was as if being totally self-sufficient was a badge of honour, rather than the result of a properly considered assessment of the economics and risks. To any rational observer, we have lagged behind other industries in identifying opportunities to collaborate and share back-end infrastructure, but things have been changing in recent years.
Google made binding commitments to negotiate license deals fairly with a broader array of French news publishers, part of a changing approach from the search company in a global debate over how tech companies should pay for news content. The deal comes after the regulator fined Google about $525 million last year, contending the Alphabet unit wasn’t negotiating deals with publishers in good faith.
Non-fungible tokens have been blighted with a copyright theft problem. And as one of the biggest depositories of user-generated art online, DeviantArt has been hit more than most. In August 2021, DeviantArt launched a program called DeviantArt Protect, which indexes NFTs from across nine key blockchains. To date, it has indexed more than 400 million NFTs—and found nearly 330,000 NFT copyright infringements.
Consolidation and the accelerating push into advertising are rapidly turning the power structure behind streaming into something more resembling traditional television, or the monopolistic tech sector, than some radical new business model. One example: New requirements being implemented by Roku and other major connected platform players for free, ad-supported streaming service (FAST) partners.
Meta CEO Mark Zuckerberg announced today that the company is rolling out more ways for creators to make money on Facebook and Instagram, and is also expanding some of its current monetization tools to more creators. Most notably, Zuckerberg announced that Meta is testing a designated place on Instagram where creators can get discovered and paid for content.
This past week’s NFT sales across 18 different blockchains saw approximately $184,417,851 in sales, but that’s 17.33% lower than the $223,085,710 recorded the week prior. $151 million of the NFTs sold this past week stemmed from the Ethereum blockchain network but ETH-based NFT sales slipped over 18% this week. Monthly ETH-based NFT sales are down 76.38%.
Subscription streaming video is cooling down from torrid growth rates seen in 2020 and ’21 — fueled by pandemic lockdowns — but is still experiencing healthy expansion in the U.S., one of the segment’s most mature markets. In 2022, SVOD services in the United States will generate revenue of $25.32 billion, up 13% from last year, according to PwC’s Global Entertainment & Media Outlook 2022–2026 report, released Monday.