Also today: Creator groups criticise slashing of private copy compensation in Finland
| We've covered the music business each day since 21 Jun 2002 Today's email is edition #5275 |
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| | | In today's CMU Daily: Cox Communications' latest attempt to overturn a $1 billion copyright infringement ruling has been rebuffed by the major labels. The ISP claims evidence mishandling, but the majors say that Cox âlost this case in a fairly litigated trial", urging the court to reject its attempt to force a retrial
One Liners: What do you do when you get sidelined as top dog at a major? Remind yourself that youâre JULIE FUCKING GREENWALD, pick yourself up and get on with things. Also today: Sentric, Gamma, Believe, Bandlab, ProRata.ai, IPOA, SoundExchange, Paquin, Sony, WMG, Hybe plus Pitbullâs $6m stadium deal + more
Also today: Finlandâs decision to halve private copying compensation to âŹ5.5 million has drawn the ire of creator groups. Critics argue that the cut violates EU law and jeopardises funding for crucial arts programmes, while demanding a return to âŹ11 million and warning of âharmful and destructiveâ consequences
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| Majors hit back at Coxâs latest attempt to overturn billion dollar copyright ruling | | The major labels have hit back at the latest attempt by US internet service provider Cox Communications to overturn the 2019 billion dollar judgement that held it liable for its usersâ copyright infringement.
This time Cox is trying to use Rule 60 of the US Federal Rules Of Civil Procedure to overturn the copyright ruling. That rule says a court can ârelieve a party from a final judgementâ in various scenarios, including if it turns out the other side misbehaved during trial.
Cox claims the majors mishandled key evidence in the case. That claim was previously rejected by the district court, but the ISP has taken the matter to the Fourth Circuit Appeals Court.
In a new filing with the appeals court, the majors say, âCox lost this case, in a fairly litigated trial where it had every opportunity to defend itself. Cox - and its appellate counsel - clearly regret some of its trial teamâs decisions. But Rule 60 does not provide a pathway to re-try a case with the benefit of hindsightâ. | | Read the full story | | |
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| | | | | | | | | | | | | | | | | | Horizon is CMU's new weekly newsletter - published each Friday - that brings you a hand-picked selection of early-stage career opportunities from across the music industry.
Whether you're looking for your first job in music or you're ready to take a step up, Horizon is here to help you find your dream job faster.
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| | Deals Sentric has signed an administration agreement and formed a creative joint venture with Cooking Vinyl Publishing. Gamma, the media company founded by former Apple Music executive Larry Jackson, has established strategic partnerships with several African and Middle Eastern music entities. Believe has fully acquired DoÄan Music Company, reportedly Turkeyâs largest independent label, by purchasing the remaining 40% stake for âŹ38.3 million. BandLab has partnered with Londonâs Strongroom Studios to create exclusive royalty-free sample packs for its online music production platform. Universal Music has partnered with ProRata.ai, a new venture developing technology to compensate content owners when generative AI uses their work. IPOA has been established as the new collecting society for performance rights in the country of Georgia, replacing the previous society after winning a government-sponsored open competition. Warner Chappell Music has signed singer-songwriter and producer Hueston to a publishing deal. Appointments US collecting society SoundExchange has appointed Jessica Roffe as Associate Director on its industry relations team. Julie Greenwald has announced her unexpected departure from Warner Musicâs Atlantic Music Group during an emotional staff meeting. Canadian talent agency Paquin Entertainment Group has appointed Andrew Akman as Chief Operating Officer. Venue operator ASM Global has appointed Ralph Marchetta as Regional Vice President of Live Entertainment. Labels, Publishing & Distribution Sony Music has reported its financial results for its fiscal first quarter ending 30 Jun, with recorded music revenue up 26% to $1.8 billionand publishing revenue rising 28.7% to $602 million. Warner Music has reported its fiscal third quarter results for the period ended 30 Jun with total revenue hitting $1.554 billion. HYBE has reported record quarterly revenue of $465 million for Q2 2024, a 3.1% year-on-year increase, despite a sharp 85.9% drop in net profit. Legal Rammstein frontman Till Lindemann has filed a criminal complaint against German news outlet Der Spiegel over its reporting of sexual misconduct allegations from 2023. Space Ibiza has been forced to rebrand its residency at Eden nightclub as âNOSPACEâ following a trademark dispute. Former US President Donald Trump has claimed that Georgia District Attorney Fani Willis is treating rapper Young Thug âunfairlyâ in his ongoing criminal trial. BTS member SUGA has been fined and had his licence revoked for riding an electric scooter while intoxicated in Seoul. Live Journey have cancelled their upcoming UK and Ireland tour due to âcircumstances beyond the bandâs controlâ, amid escalating internal strife. The Australian government has launched the Revive Live Program, offering $8.6 million in grants to support established live music venues and festivals across the nation. Lauryn Hill and The Fugees have abruptly cancelled their US âMiseducation Anniversary Tourâ three days before its scheduled start, with no reason provided to fans. Pitbull has secured naming rights for Florida International Universityâs football stadium in a deal worth $6 million over five years. Other industry news & events Taylor Swift has dominated the nominations for the 2024 MTV Video Music Awards, securing ten nods including Video Of The Year Releases & Tours Toro y Moi has released two new singles, âHollywoodâ featuring Ben Gibbard and âCD-Râ. His new album âHole Erthâ is out 6 Sep. yunĂš pinku has released her new single âBelieveâ. Her new EP âScarlet Lambâ is out 4 Oct. Logic1000 has released her new EP âmother :;~ rebirthâ. Fontaines D.C. have released their new single âHereâs The Thingâ. Their new album âROMANCEâ is out 23 Aug. Asake and Travis Scott have collaborated on new single âActiveâ. Drake has shared three new singles on a website called â100 Gigs for Your Headtopâ. The three tracks are âItâs Upâ featuring Young Thug and 21 Savage, âBlue Green Redâ, and âHousekeeping Knowsâ featuring Latto. Nina Leo has released her new single âBlind Spotâ. Massive Wagons have released their new single âNight Skiesâ. Their new album âEarth To Graceâ is out 8 Nov. Yu Su has released her new single âAvanveraâ. Rex Orange County has released his new single âThe Tableâ. His new album âThe Alexander Techniqueâ is out 6 Sep. INVT and K-LONE have collaborated on new EP âLOCAâ. B.D.B aka Bicep and Benjamin Damage have released their new single âCHROMA 005 A.L.O.Eâ. Laurie Anderson and ANOHNI have collaborated on new single âIndia And On Down To Australiaâ. piri & tommy have released their new single â99%â. Kylie V has released her new single âLucky Streakâ. Fleet Foxesâ frontman Robin Pecknold has announced a solo US tour. Bright Eyes have released their new single âRainbow Overpassâ. | | đ Read today's One Liners in full | | | Finland slashes private copying compensation, sparking creative industries backlash | | The Finnish governmentâs decision to halve state-funded compensation for private copying from âŹ11 million to âŹ5.5 million has drawn sharp criticism from organisations representing creator collecting societies. CISAC and GESAC, which both represent songwriter societies, are among those condemning the move.
Compensation for private copying is intended to reimburse creators and copyright owners when individuals make private copies of their works, and is distributed to rightsholders and funding schemes through the collective licensing system.
The significant reduction in revenue will, say the creator organisations, have âharmful and destructive consequences for authors and the whole creative ecosystem in Finlandâ. They go on to add that the Finnish government is failing to meet its obligations under European law to âorganise and secure fair compensationâ for creators.
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