We catch up on the latest music publishing news, from key deals and signings to new hires, legislation and more.
Deals & Acquisitions
Sony Music’s spent $1.4bn on acquisitions in the last 6 months… & Rob Stringer’s not stopping there (MBW)
Those deals included the $430m acquisition of AWAL and Kobalt Neighbouring Rights, the $255m acquisition of Brazilian label Som Livre, and Sony Music Publishing’s buyout of Paul Simon’s song catalog.
Bruno Mars Sells Part of Song Catalog to Warner Chappell Music (Billboard)
Bruno Mars quietly sold off a portion of his song catalog to Warner Chappell Music more than six months ago, according to sources and confirmed by the company.
Universal Music and Triller bury the hatchet with licensing deals (Music Ally)
“We’re pleased to have a deal with Triller that embraces the importance of compensating our artists, especially given the tremendous value music generates across their platform,” said UMG’s EVP of digital business development and strategy Jonathan Dworkin.
Creative technology firm Artlist joins independent licensing agency IMPEL (Music Week)
Israeli audiovisual content provider Artlist has joined international collective licensing agency IMPEL. IMPEL will represent the digital rights for Artlist’s music catalogue of Artlist Originals.
Sony Music Publishing UK signs rock band Del Amitri to worldwide publishing deal (MBW)
The agreement covers the band’s entire catalog, including the songs Roll To Me, Nothing Ever Happens and Always The Last To Know, as well as future works.
Concord Music Publishing signs Everything Everything (Music Week)
Formed in Manchester in 2007, Everything Everything have released five albums across their career, garnering two Mercury Prize nominations and have also been nominated for five Ivor Novello awards.
Facts & Figures
Sony Music’s $400m social, gaming and fitness revenues (Music Ally)
Stringer talked about a “meaningful increase” in Sony Music’s partner base in social, gaming and fitness, highlighting virtual concerts from Lil Nas X (Roblox) and Travis Scott (Fortnite) as well as artist partnerships with Peloton.
Publishers Quarterly: ‘License’ Drives Sony to No. 1 on Hot 100, Universal Rules Airplay (Billboard)
Olivia Rodrigo’s “Drivers License” dominated Hot 100 Songs, and she and co-writer Daniel “Dan” Leonard Nigro tied atop the list’s songwriters ranking.
Finance & Investment
Common Music Catalog Sales Pitfalls and Tips on How to Avoid Them (Rolling Stone)
The challenges that can arise with catalog sales are numerous, and in working across the industry, we’ve seen far too many creatives struggle with them.
Big Bank Theory: Inside the Nuances of Blockbuster Catalog Deals (Variety)
A bank that understands the complexities of artists’ wealth plan and income needs — like City National — is a must for those aiming to cash in on their creative output.
Royalties & CMOs
Songwriter Groups Want Their Voices Heard on CRB Royalty Rate ASAP (Billboard)
A group of songwriter organizations have urged the Copyright Royalty Board to ensure they have the chance to publicly comment on a mechanical royalty rate settlement for CDs, vinyl, downloads and ringtones that was agreed upon by the three majors, the National Music Publishers’ Assn., and the Nashville Songwriters Assn. International.