Brazilian CMO SOCINPRO and Barcelona-based Independent Management Entity (IME) organization Unison have signed a partnership to collect mechanical and public performance digital publishing rights for SOCINPRO’s members in all European territories. This collaboration agreement mandates Unison to collect digital publishing rights, both mechanical and public performance, on behalf of SOCINPRO for these territories.
This week, it was reported that Mayer’s company is in talks to acquire Will Smith and Jada Pinkett Smith’s Westbrook Inc, marking its second major buy, and the exec today teased that the deals won’t end there. “We’re going to bring in other category-defining businesses and brands that will fill out a whole spectrum of audiences,” he commented, adding that he couldn’t spill the beans on any specific acquisitions but that they “are considering some”.
The suit revolves around Chegg Study, a subscription service that among its offerings features answers to end-of-chapter homework questions from various texts for $14.95 a month, with the textbook questions often copied nearly verbatim or with just slight changes, the suit alleges.
Paramount has a bunch of movies — either greenlighted or in some stage of production — with major players whose deals were made with the assumption of a traditional theatrical release. Having signaled what appears to be a hard pivot to streaming by replacing Jim Gianopulos with Nickelodeon chief Brian Robbins, ViacomCBS may have plunged itself into another round of the fights that have embroiled WarnerMedia and Disney.
After ten years, EMI Production Music has returned to its brand name of KPM Music. As a library music company spanning over 60 years, KPM represents more than 40 labels and is home to a range of genres. Its roster of composers and producers have penned No. 1 hits for Shirley Bassey, Blur, Lana Del Rey, Flo Rida and more.
Los Angeles-headquartered GDMG has teamed with MEP Capital to acquire Sound Royalties, the music financing platform that pays out advances to artists and rights-holders based on predicted future royalty income. Peterson didn’t disclose the price of the deal but confirmed it was a “high eight-figure purchase” – i.e. tens of millions of dollars – backed by funding from MEP.
Using technology from Shazam, the music recognition service Apple acquired in 2018, Apple Music is now able to rapidly identify the songs within a DJ mix, the rights holders of those songs, and directly pay them, as well as compensate the DJ and the mix supplier, a first for a major streaming service.
After seeing success with its hit show “Ted Lasso,” Apple is doubling down on its streaming endeavors for its nascent service AppleTV+. The Silicon Valley giant will ramp up its output of new TV shows and movies next year, pumping out at least one a week, which will more than double its pace this year, according to a new report from The Information.
Danielle Bregoli, aka Bhad Bhabie, is going indie, launching her own label, BHAD Music, and releasing a new single called “Miss Understood” on Sept. 17. She’s also advocating for artists to retain master rights to their music, crediting Kanye West for inspiring the move.
A federal judge on Friday struck a serious blow to Apple’s control of its App Store, giving companies a way to avoid handing Apple a cut of their app sales and potentially upending a $100 billion online market. The order was part of the ruling in a prominent legal case between Apple and Epic Games, which makes the popular game Fortnite and sued Apple last year over its App Store policies.