The Senate Judiciary Committee’s Subcommittee on Intellectual Property on Tuesday continued its year-long series of hearings on the Digital Millennium Copyright Act (DMCA), this time focusing on the question, “How Does the DMCA Contemplate Limitations and Exceptions Like Fair Use?”
The pandemic dramatically shifted the power dynamics between studios and exhibitions, giving content creators more leverage in the debate over how films are made, marketed, and distributed. “Pre-coronavirus, we were marching toward shorter windows,” said Erik Gordon, an associate professor at University of Michigan. “Covid changed the balance of power so now we’re racing toward shorter windows.”
The new rules, which need to be passed by Australia’s Parliament, would require digital platforms to take part in negotiations with media companies over payment, Australia’s competition regulator said Friday. If the media companies and the platforms can’t reach an agreement during three months of talks, an independent arbitrator would pick a compensation plan from one of the sides.
Ahead of Spotify’s earnings call for its 2020 second-quarter results on Wednesday morning, the company’s cofounder and CEO Daniel Ek and CFO Paul Vogel got on the phone for a short call with Variety’s Jem Aswad and Todd Spangler. The conversation follows in full.
In responding to a lawsuit filed by four publishers last month, lawyers for the Internet Archive argue that the IA has made careful efforts to ensure its uses are lawful, and contend that its program to scan and lend print books from library shelves is sheltered by the fair use doctrine, and buttressed by traditional library practices and protections.
Since the coronavirus pandemic began shuttering much of the world’s live music scene in March, many in the industry have wondered how much revenue digital livestream festivals could generate and what kind of paydays artists and headliners would earn.
Newly appointed TikTok CEO Kevin Mayer announced Wednesday that TikTok’s code will be made available for experts to study, as the company pushed back strongly against “rumors and misinformation” around its data security practices and ties to the Chinese government.
At issue is whether two 80-year-old antitrust decrees are still useful in an industry that has been completely transformed by digital innovation time and again over the decades. Most recently, the streaming model has overtaken sales as the dominant driver of revenue in a music business that increasingly sees its music used in more significant ways by massive tech giants like Amazon, Apple, Google and Spotify.
Spotify’s user and subscriber growth came in at the top end of expectations for the second quarter of 2020, but the company’s bottom line was hit by a 48% increase in operating costs from stock-related compensation charges. In addition, ad revenue fell 21% — which Spotify blamed on the coronavirus pandemic — but the drop wasn’t quite as bad as forecast.
Universal Pictures and AMC Theatres have put aside a bitter feud and signed a multi-year agreement that will allow the studio’s films to premiere on premium video on-demand within three weeks of their theatrical debuts. The pact, sure to send shockwaves throughout the exhibition industry, has the potential to reshape the ways that movies are marketed and distributed.