New York-based Creative Intell, which describes itself as an artificial intelligence-powered dealmaking platform for the music industry, has raised USD $3 million in its seed funding round. With Creative Intell, artists and related parties will be able to negotiate contracts on a “seamless, secure, real-time environment” platform, the startup said.
Meta announced today that creators on Facebook can now earn money through their Facebook videos that use licensed music. The company is launching “Music Revenue Sharing” to allow video creators to include licensed music in their videos on Facebook and earn a share of in-stream ad revenue.
According to a memo sent to Kobalt writers and partners yesterday (July 23), Kobalt’s existing US licensing deal with Meta (parent company of Facebook and Insta) has expired – and the two parties have failed to reach a new agreement. Kobalt estimates that it is the publisher of songwriters behind over 40% of the Top 100 tracks and albums in any typical week in both the UK and US.
In a lawsuit filed in California on Wednesday (July 20), Epidemic Sound claimed that its legal action seeks “to stop the theft of music created by hundreds of musicians, songwriters, producers and vocalists, theft occurring knowingly, intentionally and brazenly by Meta on its Facebook and Instagram social media platforms on a daily basis”.
NFTs don’t themselves convey any intellectual property rights, unless a contract specifically provides those rights and vests them in ownership of the token. But that hasn’t stopped many NFT buyers from trying to convince themselves and others that owning a shoe, screenplay or some other form of intellectual property gives them the right to mint digital assets off of it.
About three months after celebrating the anniversary of its fan-powered royalty model, SoundCloud has officially inked a global licensing deal with Warner Music Group. Under the pact, WMG will become the first major label to support payouts based upon actual listening as opposed to a portion of total streams. Multiple artists have offered positive assessments of fan-powered royalties, which deliver the monthly revenue (less fees) of each subscriber or ad-supported user to the creators whose work they enjoyed.
Songwriters are entitled to just one royalty — not two — when their music is streamed or downloaded through an online service, the Supreme Court of Canada has ruled. The top court’s decision Friday clarifies the meaning of a Canadian copyright law provision dealing with communication of a work to the public online. In writing for a majority of the Supreme Court, Justice Malcolm Rowe said the Copyright Act does not exist solely for the benefit of authors.
Senators are gearing up to advance a proposal to empower small news organizations to negotiate compensation from technology giants such as Facebook and Alphabet, people familiar with the discussions said. The US — trailing the European Union and Australia — is inching toward passing its own law after senators appeased unions’ concerns and are poised to win greater bipartisan backing for the measure.
If a creator files a dispute, copyright owners have 30 days to manually review the video and its supposed violation and decide whether Content ID’s flag was accurate. Creators whose disputes are turned down can appeal, asking YouTube and the copyright owner to take another look at their videos. Before today, that appeal period was another 30 days. But now, YouTube is narrowing it to seven days.
Digital collection society AMRA has expanded its operations to license on behalf of its songwriters and publishers in Canada. The Kobalt Music Group-owned company says that it is working closely with all digital streaming providers (DSPs) for mechanical rights licensing in Canada and began collecting on April 1, 2022. Since 2015, AMRA has established global licensing agreements with more than 29 DSPs operating a multi-territorial service.