royalties

The value of global music copyright surged to $45.5 billion in 2023, marking an 11% increase from the previous year. This reflects the growing economic strength of music rights, which were valued at $25 billion in 2014. If current trends continue, music copyright could double in value over a decade...

Sony Group Corp. (NYSE:SONY) is poised to acquire Queen’s music catalog in a groundbreaking deal worth £1 billion (US$1.27 billion). According to Hits‘ Rumor Mill, Sony Music Entertainment will secure Queen's recording and publishing rights. The deal, later confirmed by Variety,...

In a move to promote its spatial audio technology, Apple Inc. (NASDAQ:AAPL) is reportedly planning to reward artists and record labels that utilize this technology with higher royalty payouts. What Happened: As per a Bloomberg report published on Monday, Apple has plans to assign extra...

In a recent digital exchange that has music enthusiasts buzzing, Julian Klymochko, the CEO of Accelerate, raised an intriguing possibility surrounding music royalties on Spotify Technology SA (NYSE:SPOT), only to have its founder and chief debunk it. What happened: Citing a...

In a major move, Rarible (CRYPTO:RARI), a prominent decentralized NFT platform, has announced its decision to cease aggregating orders from other NFT marketplaces, including OpenSea and LooksRare. This strategic shift is in line with Rarible's renewed focus on fully embracing the royalty...

If Aaliyah's name is popping up in your newsfeed in recent weeks, there are couple of reasons why. The vocalist and actress who died in a plane crash on Aug. 25, 2001, in the Bahamas is now at a maelstrom of controversy. The new, unauthorized biography, "Baby Girl: Better Known as Aaliyah...

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) CEO Sundar Pichai announced Thursday the tech giant’s initial $1 billion commitment to license news content for a novel service called Google News Showcase. What Happened: It is the company’s largest financial commitment to date to news...

The U.S. House of Representatives unanimously approved the Music Modernization Act Wednesday in an effort to update copyright laws for the digital age, according to Bloomberg.  The proposed law charges Spotify Technology SA (NYSE: SPOT), Pandora Media Inc (NYSE: P), Amazon.com, Inc. (NASDAQ:...

Music streaming service Spotify may soon be the first blockbuster market debut of 2018. Last week, Spotify filed the papers to take its business public, but there are still a lot of moving parts surrounding the company’s turn to public trading. Here’s an overview of everything investors...