Neeta Ragoowansi has been an entertainment attorney for over 28 years, having worked in-house at the Kennedy Center for the Performing Arts, for the National Symphony Orchestra Association, and for the digital performance rights organization SoundExchange. She is SVP, Business Development & Legal Affairs for NPREX (National Performing Rights Exchange) and Artist Relations for RoadNation.
The economic disruption and social dislocation caused by the COVID-19 pandemic is not evenly distributed. Some business face catastrophe, while others thrive. Across the entertainment industries the same is true, ranging from a temporary collapse of the live business through to a surge in gaming activity.
COVID-19 is spreading in the middle of broadcast networks’ program development season, wreaking havoc on this year’s ad upfront and global TV marketplace. The questions are, what will the upfront ad marketplace look like, and how will entertainment executives be able to cobble together a programming schedule at these virtual upfronts?
Telefonica’s Movistar Plus was set to show off a pair of dramas at this year’s MipTV before the market was canceled. Now, Movistar has prepared online presentations on Monday where it will screen episodes of both series as well as conversations with producers and creatives from both series.
Reed MIDEM announces that Midem 2020, which was due to take place June 2-5 in Cannes, is cancelled due to concerns about the coronavirus. Midem is re-loading with a new format, the Midem Digital Edition. This online service, accessible to all, aims to bring the global music community together to discuss, collaborate and share solutions with a focus on the most impacted music stakeholders.
China’s film regulators has slammed the brakes on plans to gradually reopen the country’s cinemas. Over 600 movie theaters across China were given the green light to reopen their doors over the past week, but Beijing’s Film Bureau put out a notice late Friday ordering all theaters to go back into shutdown. No official explanation for the sudden reversal was provided.
Songwriters, along with other “gig economy” workers in the music industry ranging from producers to roadies, will be eligible for grants and loans under the $2 trillion stimulus bill passed by the Senate in response to the coronavirus pandemic, the advocacy organizations Songwriters of North America and Nashville Songwriters Association International announced today.
Scott Ackerman, the long-time CEO of one of the world’s most successful DIY distribution platforms, TuneCore, is stepping down from the role. New York-based Ackerman will vacate the CEO position on April 15. He will stay on as a strategic advisor at the company, reporting to Denis Ladegaillerie – the CEO of TuneCore’s parent, Believe Group.
Studios are making their new and current theatrical releases available for rent on streaming as movie theaters close their doors in the wake of the coronavirus outbreak. But even as consumers say they are watching more content because of the pandemic, the price point on these rentals is more than three times what consumers would prefer to spend.
Digital Entertainment Asset Pte Ltd (DEA) announced that its cryptocurrency “DEAPcoin”, will be listed on OKEx, one of the world’s largest cryptocurrency exchanges. DEAPcoin is designed to be a key currency bolstering DEA’s blockchain-enabled entertainment ecosystem called “PlayMining”. It allows users to play free PvP (player-vs-player) strategy games featuring manga characters created by world-renowned creators.