Google wanted to buy Michael Jackson’s $750m stake in Sony/ATV 

For many in the music business, the repercussions of Google being allowed to get near a 50% stake Sony/ATV would be deeply worrying. Sony/ATV manages 4m music copyrights written by the likes of The Beatles, Taylor Swift, Michael Jackson, Ed Sheeran, James Brown, Elvis Presley, Lauryn Hill, Oasis and Eminem.

Remember that those 4m copyrights are spread through countless recordings and, therefore, master rights deals with labels. That would have been the first headache for the likes of Universal Music Group.

Source: Google wanted to buy Michael Jackson’s $750m stake in Sony/ATV – Music Business Worldwide

SoundCloud and Sony/ATV Announce Licensing Deal in Europe

SoundCloud, the user-driven streaming platform which recently announced a paid tier of its service, and Sony/ATV, the world’s largest music publishing company by market share, have announced a “multi-territory agreement for Europe” around the publisher’s vast catalog.

The deal will allow Sony/ATV’s catalog to generate money for its songwriters via SoundCloud’s bleeding-edge identification technology.

“These deals for the US and Europe create the best opportunity for Sony/ATV and its songwriters to maximize the creative and revenue benefits of SoundCloud’s multi-territory business,” wrote Sony/ATV CEO Martin Bandier in a statement on the news.

Source: Billboard

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