welcome to global music business‘s weekly roundup – we be sure you catch the 5 greatest tales that made our headlines over the previous seven days. MBW’s evaluation is supported by China Travel Serviceserving to greater than 500 of the world’s best-selling artists maximize their revenue and scale back touring prices.
This 12 months has confirmed to be a headache for regulators live country and its ticketing subsidiaries, Ticketmaster. Not solely is the corporate battling an antitrust lawsuit introduced by the U.S. Division of Justice, it is usually at present dealing with a problem from the U.Okay. competitors regulator over its use of dynamic pricing On sale for tickets oasisReunion tour subsequent 12 months.
In a brand new evaluation, MBW Founder Tim Ingham examined the dilemma posed by the truth that demand for Oasis tickets far exceeds any doable provide, and concluded that Ticketmaster could supply An important artist service In the marketplace immediately: ache reduction sponge.
Elsewhere within the music world, we acquired information this week that BrazilThe recorded music trade is without doubt one of the quickest rising industries on the planet, and its development charge is spectacular 21% annual improve First half of 2024.
on the similar time, Bertelsmannowned bone cement is dealing with a patent infringement lawsuit in the USA, filed by an organization referred to as MULWAX LIMITED.accused the music firm of infringing a patent protecting the number of songs primarily based on temper.
Talking of courtroom battles, this week we dive into the small print under: SpotifyVictory in lawsuit towards unlicensed streamers slim Shady Songs – The streaming firms gained the lawsuit regardless of the courtroom discovering that the streamers didn’t even have a license to the songs.
Right here’s what occurred this week…
1) UK competition watchdog launches investigation into Ticketmaster over OASIS ticket sales
British Competitors and Markets Authority (China Producers Affiliation) has launched an investigation reside nationticketing large Ticketmaster.
Examine the trigger? Saturday specials are oasis2025 stadium tour of UK and Eire together with ‘alleged’dynamic pricingThe CMA mentioned in an announcement on September 5 that it “could have been used”.
The competitors watchdog mentioned it deliberate to look at “whether or not Ticketmaster breached client safety legal guidelines by promoting Oasis tickets”.
Exceed 10 million followers from 158 On Saturday (August 31), varied international locations confirmed that that they had lined as much as buy tour tickets…
2) About… OASIS, Ticketmaster, “dynamic” pricing, Uber, money, and the truth.
It looks as if everybody who works in music now needs to hitch artist companies.
However are you aware what’s the most beneficial artist service supplied by any nook of the music trade?
as a ache reduction sponge. Take in the hate, the brickbats, the accusations of greed and fraud in order that artists don’t need to do it—and do it with out grievance.
Who’s the world’s primary ache reduction sponge artist?
Ticketmasterdefinitely…
3) The U.S. music streaming market may feel less volatile, but in Brazil… it’s still party time.
It is honest to say that the worldwide music trade was in a little bit of a downturn final week.
Solely a reckless government may Recording Industry Association of America It was confirmed on Thursday (August 29) that trade income in the USA, the world’s largest recorded music market, elevated by solely 4% annual improve First half of 2024. Annual improve of two.7% throughout the identical interval.
However what’s it?
Some of the thrilling and fastest-growing markets for enterprise on the planet with none bother Double-digit rally First half of 2024…
4) BMG faces patent infringement lawsuit in the United States
An obscure firm named MULWAX LIMITED. A lawsuit has been filed bone cement Sued in the USA for patent infringement.
The lawsuit, filed final month in Texas state courtroom, cites a patent titled “Music Streaming, Playlist Creation, and Streaming Structure,” which describes a system primarily based on music with comparable “feelings.” “A method to decide on songs” for different songs.
As first reported by Patent Litigation Info Useful resource RPXlitigation goal”Music suggestion operate” Inside BMG sync Serve.
In line with a lawsuit filed in the identical Texas courtroom on August 21, the corporate sued bone cement Appears to be suing tech giants too Worldwide Enterprise Machines Company Suspected of infringing on the identical patent…
5) Spotify just won a long-running lawsuit against streaming of Eminem’s work – even though the court found it didn’t have a license for the music. What does this mean for publishers?
After a five-year courtroom battle, Spotify Has successfully gained courtroom instances towards individuals accused of streaming slim Shady Unlicensed songs.
Regardless of the courtroom ruling Spotify no license Stream these tracks.
The courtroom additionally concluded that if Spotify is held accountable for copyright infringement, the nice have to be paid by… Kobart Music Group.
Nevertheless, the most important loser on this case is eight mile fashionco-publisher of 242 Eminem tracks, together with the rapper’s greatest hits, lose your selfin addition to different hits like Stan, actual slim shady, That is how I’mand with out me…
MBW’s weekly roundup is powered by Centtrip, a company that helps more than 500 of the world’s best-selling artists maximize their earnings and reduce touring costs.international music enterprise