Welcome to Music Enterprise Worldwide’s weekly round-up – the place we be sure you caught the 5 greatest tales to hit our headlines over the previous seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their revenue and cut back their touring prices.
That is proving to be a 12 months of regulatory complications for Reside Nation and its ticketing subsidiary, Ticketmaster. Not solely is the corporate battling an antitrust lawsuit introduced by the US Division of Justice, it’s now dealing with a probe by the UK’s competitors regulator over using dynamic pricing within the on-sale of tickets for Oasis‘ reunion tour subsequent 12 months.
In a brand new evaluation, MBW founder Tim Ingham took a have a look at the predicament created by the truth that demand for Oasis tickets far exceeds any doable provide, and concluded that Ticketmaster may be providing crucial artist service in the marketplace immediately: Being a ache sponge.
Elsewhere within the music world, we received phrase this week that Brazil‘s recorded music business, one of many fastest-growing on the earth, grew a powerful 21% YoY in H1 2024.
In the meantime, Bertelsmann-owned BMG is dealing with a patent infringement lawsuit within the US, introduced by an organization referred to as Muvox LLC, which alleges the music firm infringed on a patent masking track choice primarily based on temper.
Talking of courtroom battles, this week we dug into the main points of Spotify‘s victory in a lawsuit over unlicensed streaming of Eminem songs – a lawsuit the streamer gained regardless of the court docket concluding that it didn’t even have a license for these songs.
The UK’s Competitors and Markets Authority (CMA) has launched an investigation into Reside Nation-owned ticketing large Ticketmaster.
The explanation for the investigation? Saturday’s on-sale for Oasis’ 2025 UK and Eire stadium tour, together with “how so-called ‘dynamic pricing’ might have been used”, the CMA stated in an announcement on September 5.
The competitors watchdog stated that it plans to scrutinize “whether or not the sale of Oasis tickets by Ticketmaster might have breached client safety legislation”.
Over 10 million followers from 158 nations are confirmed to have queued up on Saturday (August 31) to purchase tickets to the tour…
Looks like everybody working in music as of late needs to be in artist companies.
However are you aware what may be probably the most beneficial artist service provided by any nook of the music business?
Being a ache sponge. Absorbing the hate and the brickbats and the accusations of greed and skulduggery so the artist doesn’t must – and doing it with out grievance.
It’s truthful to say that the worldwide music enterprise felt a bit glum final week.
It will have taken a foolhardy exec to pop open the Tattinger after the RIAA confirmed on Thursday (August 29) that the most important recorded music market on the earth, the US, solely grew business revenues by 4% YoY within the first half of 2024. Complete streaming subscription accounts within the US grew by simply 2.7% YoY in the identical interval.
However what’s this?
One of many world’s most commercially thrilling – and fastest-growing – markets had no hassle bouncing up by double digits in H1 2024…
An obscure firm referred to as Muvox LLC has filed a lawsuit towards BMG in the US for alleged patent infringement.
The lawsuit was filed in a Texas court docket final month and references a patent titled ‘Music streaming, playlist creation and streaming structure‘, which describes “a way for choosing a track” primarily based on different songs with comparable “moods”.
As first reported by patent litigation info useful resource RPX, the lawsuit targets “track advice options” inside the BMG Synch service.
In keeping with a lawsuit filed in the identical Texas court docket on August 21, the corporate suing BMG additionally seems to be suing expertise large IBM for alleged infringement of the identical patent…
After a five-year-long court docket battle, Spotify has successfully gained a court docket case wherein it was accused of getting streamed Eminem songs with out permission.
The music streaming large gained the case regardless of the court docket discovering that Spotify didn’t have a license to stream these tracks.
The court docket additionally concluded that, if Spotify have been to be on the hook for copyright infringement, the penalty would have needed to be paid by… Kobalt Music Group.
But the most important loser on this case is Eight Mile Model, the co-publisher of 242 Eminem tracks, together with the rapper’s greatest hit, Lose Your self, and different hits akin to Stan, The Actual Slim Shady, The Approach I Am, and With out Me…
MBW’s Weekly Spherical-Up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximise their revenue and cut back their touring prices.Music Enterprise Worldwide
