Welcome to Music Enterprise Worldwide’s weekly round-up – the place we be certain you caught the 5 largest 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 yr of regulatory complications for Stay 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 the usage of dynamic pricing within the on-sale of tickets for Oasis‘ reunion tour subsequent yr.
In a brand new evaluation, MBW founder Tim Ingham took a take a look at the predicament created by the truth that demand for Oasis tickets far exceeds any attainable provide, and concluded that Ticketmaster is likely to be providing an important artist service in the marketplace in the present day: Being a ache sponge.
Elsewhere within the music world, we acquired phrase this week that Brazil‘s recorded music trade, one of many fastest-growing on this planet, grew a formidable 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 known as Muvox LLC, which alleges the music firm infringed on a patent overlaying track choice primarily based on temper.
Talking of courtroom battles, this week we dug into the small print of Spotify‘s victory in a lawsuit over unlicensed streaming of Eminem songs – a lawsuit the streamer gained regardless of the courtroom 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 Stay 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’ could have been used”, the CMA stated in a press release on September 5.
The competitors watchdog stated that it plans to scrutinize “whether or not the sale of Oasis tickets by Ticketmaster could have breached shopper safety regulation”.
Over 10 million followers from 158 international locations are confirmed to have queued up on Saturday (August 31) to purchase tickets to the tour…
Looks like everybody working in music today needs to be in artist providers.
However have you learnt what is likely to be essentially the most precious artist service provided by any nook of the music trade?
Being a ache sponge. Absorbing the hate and the brickbats and the accusations of greed and skulduggery so the artist doesn’t should – and doing it with out criticism.
It’s truthful to say that the worldwide music enterprise felt slightly glum final week.
It could 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 this planet, the US, solely grew trade revenues by 4% YoY within the first half of 2024. Whole 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 known as Muvox LLC has filed a lawsuit towards BMG in the US for alleged patent infringement.
The lawsuit was filed in a Texas courtroom 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 related “moods”.
As first reported by patent litigation data useful resource RPX, the lawsuit targets “track advice options” throughout the BMG Synch service.
In keeping with a lawsuit filed in the identical Texas courtroom on August 21, the corporate suing BMG additionally seems to be suing know-how large IBM for alleged infringement of the identical patent…
After a five-year-long courtroom battle, Spotify has successfully gained a courtroom case by which it was accused of getting streamed Eminem songs with out permission.
The music streaming large gained the case regardless of the courtroom discovering that Spotify didn’t have a license to stream these tracks.
The courtroom additionally concluded that, if Spotify had 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 Type, the co-publisher of 242 Eminem tracks, together with the rapper’s largest hit, Lose Your self, and different hits corresponding 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
