Spotify updated its annual Loud and Clear report on Wednesday, confirming that for a second consecutive year, the streaming giant paid out half of its royalties to independent artists. Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023. The report comes weeks after Spotify announced its first-ever full year of profit, 18 years after the company was founded in 2006.
Source: Half of Spotify’s Royalties Are Going to Indie Artists
France’s leading publishing and authors’ associations have filed a lawsuit against U.S. tech giant Meta , opens new tab for allegedly using copyright-protected content on a massive scale without authorisation to train its artificial intelligence (AI) systems. This is the first such action against an AI giant in France but there is a wave of lawsuits notably in the United States against Meta and other tech companies.
Catalog management platform OpenPlay has launched OpenPlay Reach, a new service aimed at providing delivery, distribution, and monetization services for music and video assets. The company has appointed Bob Barbiere as Executive Vice President and General Manager to lead the new service. Barbiere brings extensive experience in music technology and rights management from previous executive roles at Dubset Media Holdings and Pex.
In a ruling filed on Friday (March 7), US District JudgeVince Chhabriagranted in part and denied in part Meta’s motion to dismiss the lawsuit. The judge ruled that the authors’ claim under the Digital Millennium Copyright Act (DMCA) over alleged removal of copyright management information (CMI) can go forward. “The plaintiffs have adequately alleged that Meta intentionally removed [copyright management information] to conceal copyright infringement,” Judge Chhabria wrote.
