Welcome to Music Enterprise Worldwide’s weekly round-up – the place we make certain 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 Dwell 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 attainable provide, and concluded that Ticketmaster is perhaps providing a very powerful artist service in the marketplace at this time: 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 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 protecting music 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 Dwell Nation-owned ticketing big Ticketmaster.
The rationale 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 mentioned in an announcement on September 5.
The competitors watchdog mentioned that it plans to scrutinize “whether or not the sale of Oasis tickets by Ticketmaster could have breached shopper 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 today desires to be in artist providers.
However are you aware what is perhaps essentially the most priceless 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 need to – and doing it with out grievance.
It’s truthful to say that the worldwide music enterprise felt a little bit 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 the earth, the US, solely grew trade 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 bother bouncing up by double digits in H1 2024…
An obscure firm referred to as Muvox LLC has filed a lawsuit towards BMG in the USA 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 music” primarily based on different songs with related “moods”.
As first reported by patent litigation info useful resource RPX, the lawsuit targets “music suggestion 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 big 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 big 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 largest loser on this case is Eight Mile Type, the co-publisher of 242 Eminem tracks, together with the rapper’s greatest hit, Lose Your self, and different hits similar to Stan, The Actual Slim Shady, The Method 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
