Pink Floyd’s music rights sale has had plenty of twists and turns, like a screenplay stuck in development hell. But the legendary English rock band has agreed to sell its recorded music, name, image, and likeness to Sony Music for $400 million. But it’s rare to see a deal that large that doesn’t include publishing rights. Instead, this Pink Floyd deal should be looked at as a pure streaming revenue play given its focus on recorded music.
Source: Pink Floyd’s Complicated $400 Million Music Rights Sale to Sony
The Authors Guild, the largest and oldest professional organization for writers in the United States, is teaming with a new start-up, Created by Humans, to help writers license rights to their books to artificial intelligence companies. The partnership, announced Wednesday, comes as authors and publishers are wrestling with the rapid incursion of artificial intelligence into the book world.
If rights holders don’t want their content to be used for the training of language models, they must attach a legally compliant, machine-readable usage reservation (TDM opt-out) to their content. 
The Mechanical Licensing Collective (The MLC), the entity that collects mechanical royalties in the US, has announced it has distributed nearly $2.5 billion in royalties since it began operations three-and-a-half years ago. That’s up by roughly $1 billion in just the past year (The MLC reported in October 2023 that it had distributed $1.5bn in royalties) and up by almost $500 million since March,
