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“US music publishers are ready to “fight again” as they attempt to halt efforts by Spotify to reclassify its subscription package. The streaming service wants to say that its main subscription product is a ‘bundle’ of music, podcasts and audiobooks. This would allow it to pay less to songwriters. The campaign against Spotify’s sneaky audiobook bundling plans in the US is gaining momentum, with the boss of the National Music Publishers Association declaring “it’s time to fight again”, and the Association Of Independent Music Publishers committing its “unequivocal support” for the NMPA as it embarks on a “critical battle to prevent Spotify’s scheme from taking effect”…. Spotify has been reshuffling its range of subscription products in the US, so that there is one subscription option that offers music and podcasts, and another that offers audiobooks. Meanwhile, the existing premium subscription option - which includes music, podcasts and audiobooks - is being defined as a bundle of those two other products. That is important because of the compulsory licence that sets out the payments streaming services must pay to music publishers and songwriters in the US. That licence has provisions for bundles, meaning that if Spotify reclassifies its main premium subscription as a bundle it will reduce what it has to pay publishers and songwriters on its core product. It’s been estimated that this move could result in $150 million of lost revenue.” #Spotify #NMPA #AIMP #Streaming #Songwriters #StreamingRoyalties #Royalties #MusicTracks #MusicStreams #Music #MusicBusiness #Musica #MusicIndustry #Musique #Musik #MusicBiz #CompulsoryLicense #US #MusicPublishing #CRB #DiMA #StreamingServices #StreamingMedia #MLC #Pandora

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Music Business Association Music Biz 2024 coming up in May. Find out more about Reactional Music and what we are delivering across interactive music, music personalisation, in-game economies, generative composable music and the possibilities for creators, composers, artists and developers

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"Bundling, even with would-be competitors, is not a new idea and is a tactic multiple streamers have explored as they look, in part, to grow subscriber value and reduce churn and marketing expenses." "Who is best served to deliver streaming bundles is still somewhat a point of debate in the ecosystem, where WBD sees benefits in cutting out the middleman in some cases." "Zaslav acknowledged positive results from the Verizon-offered Max-Netflix bundle, saying it’s “doing much better than expected” and provides another example of “more strength together,” with the strategy behind bundles driven by the need for change in consumer experience in a very crowded streaming space. With Disney and WBD working together, he noted the companies get all of the data, can work directly with consumers and enhance that experience, as it’s already doing for Max." "A key theme emphasized throughout the call, is WBD’s belief that amid a crowded and fragmented streaming and TV viewing ecosystem where viewers are burdened by numerous options and rising prices, consumers will follow great content." #svod #ott #video #streaming #tv #bundle #content

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The Cumulus compensation ploy • May 2nd Cumulus had their annual shareholders meeting and they were not talking about what their angry investors did. • They approved one thing – their account firm. • When asked to re-elect their board of directors, a surprising and resounding outcome. • The company is still laying employees off and shrinking operations so when they asked shareholders to show a financial vote of confidence in them, an even greater surprise. • What’s really going on here – a questionable debt exchange deal, a second bankruptcy and a growing rift between investors and their top management. https://lnkd.in/gQRZYCWq

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Having long been on the FCP side of the "which software" debate, the availability and uptake of AI tools within the different video editing softwares has given me reason to question this as of late. I must admit that I've started to view the others with envious eyes.... This article from fxguide breaks down what I mean by this: https://lnkd.in/ev65F_G8 p.s. the generative AI banner could have done with a second look. #videoediting #software #AI

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In light of the recent copyright infringement lawsuit targeting over 100 of the biggest names in reggaeton, it’s crucial to recognize the value of creative expression in the music industry. This case, which involves iconic artists like Bad Bunny and J Balvin, underscores the complex intersection between originality and influence in artistic endeavors. Artists drive cultural evolution by building on the past, blending inspirations to create something uniquely their own. While legal processes will determine the specifics of this case, it’s important to support artists who bring joy, identity, and innovation to our lives. In challenging times, let’s stand by our artists, ensuring they continue to thrive and inspire, while also advocating for fair recognition of foundational contributions. Together, we can foster an environment where creativity is celebrated, protected, and encouraged. #SupportArtists #CreativeFreedom #MusicIndustry #Reggaeton #ArtisticInnovation #taylorswift #latammsuic #latinomusic #creators

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The UPROXX newco is a smart media M&A rollup. Music and culture focus + a strong leadership team. I'm bullish on them doing well by *brands and fans*, and getting immediate revenue traction based on their WMG YouTube media sales partnership. In my newsletter tomorrow, I explain my insights on the deal, key questions I'm asking, why I think UPROXX STUDIOS is setup for success. For now, let's review the key deal details... UPROXX STUDIOS OVERVIEW • A new “brand solutions studio” that “connects brands with talent, cultural arenas, and audiences”  • Founded by media veterans Jarret Myer (CEO), Rich Antoniello (Exec Chairman), and will.i.am (Chief Visionary Officer) • Result of acquisitions of Uproxx, HipHopDX, Dime Magazine, and other Warner Music Group media assets • Reaches 170M+ monthly US visitors and generates 12B+ monthly US video views POST DEAL OPS • “Expect significant investments in our brands, team, and the experiences we offer” • Includes the excl license to represent WMG’s YouTube inventory for all US media sales  • Will integrate will.i.am’s FYI AI tech and FYI radio into ops UPROXX DIVISIONS • Uproxx – Millennial-focused culture media brand and production co (acquired by WMG in 2018) • HipHopDX – Digital mag of hip hop music criticism and news (acquired by WMG in 2020) • Dime Magazine – Digital mag of American basketball lifestyle (acquired by Uproxx in 2015) • FYI – productivity tool designed to serve Creatives. Combines messaging and collab tools with file mgmt and content pub features NEWCO VALUE PROP  • Access to A-list stars via WMG YouTube inventory + UPROXX superfan communities gives brands and advertisers new ways to participate in music culture • FYI AI tech will enable creation of AI StoryLabs, a new branded content and social media mgmt unit within UPROXX Studios  • "Merging the agility and freedom of an independent entity with the reach and resources of a major music label.” UPROXX HISTORY • f/k/a as Uproxx • Founded 2008 by Jarrett Meyer and Brian Bater (also co-founded Rawkus Records in 1996) • Acquired by male-focused media ad network Woven Digital in 2015 • Rebranded to Uproxx Media, Jarrett became GM • Bought by WMG in 2018 • Price undisclosed, but previous Uproxx Media investment was ~$43M • Value prop of acquisition was to “create engaging new experiences for young consumers, global promotional possibilities for brands, and innovative marketing opportunities for artists” • WMG exec Max Lousada and Uproxx co-founder Jarrett Myer used to work together at Rawkus Records WMG RELATED HISTORY • Announced 600 layoffs in Feb 2024, incl potential sale of Uproxx and HipHopDX • Also wound down its podcasting brand Interval Presents and social media publisher IMGN • Overall faced challenges in its O&O and digital brand sales biz -- I'm the founder of RockWater Industries. We do M&A and strategy advisory for media, agencies, and creator economy. My DMs are open.

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O P T I M I S T I C ! ! ”Los Angeles Film and TV Production Sees Sluggish Rebound From Strikes, but There’s Optimism” according to a report from FilmLA which notes an anemic return to filming in the region but that jobs appeared to return in full force in March. Filming in Los Angeles has been slow to bounce back after production in the region was decimated by Hollywood’s historic season of strikes.  The main reason for the sluggish rebound: A double-digit drop in television shoots compared to the same period last year.  Also playing a factor in the decline were reductions in content spend across most major studios, series cancellations and runaway production.  While the difference was steep in January (30.6 percent fewer jobs, totaling 2,282), it was modest in February (5.1 percent fewer jobs, totaling 3,061) and nearly unnoticeable by the end of March (a 0.4 percent increase, totaling 3,274 jobs).  There’s optimism in production levels for feature films. The category rose slightly in the quarter, picking up 634 shoot days to finish an estimated 7 percent ahead of the same months last year. Movies in production included Beverly Hills Cop 4, Atlas, and Lurker, all of which are getting tax credits to film in California.  FilmLA also flagged the loss of commercial production — which slipped nearly 10 percent year-over-year and more than 33 percent below the five-year average — to other jurisdictions as a concern. Filming for smaller, lower-cost shoots, such as documentaries, music videos and still photography, similarly fell by roughly 5 percent. Entertainment Partners https://lnkd.in/g5veEE6R https://lnkd.in/gjhbnQdG

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“Music recording companies have been urging streaming services to raise their subscription prices for some time now, and over the past 18 months, they’ve succeeded, with most of the major DSPs hiking prices. Some in the music industry have hinted these price hikes – typically an increase of $1 per month for individual subscriptions – isn’t quite enough to keep up with inflation. But Sony Music Group Chairman Rob Stringer is setting his sights on another monetization goal: Getting the music streaming services to start charging for their ad-supported subscription tiers.” “The value of the paid music product remains incredible. And we appreciate that our partners recognized that with price increases over the past year. However, it also highlights that the price gap between free and paid has gotten wider in mature markets. We hope that our partners close that gap by asking consumers using ad-supported services to additionally pay a modest fee.” “Besides Sony’s take on ad-supported streaming services, here are five other things we learned from Rob Stringer’s presentation at Sony’s business segment meeting:” #Sony #SonyMusic #Spotify #AppleMusic #YouTubeMusic #Deezer #Streaming #Songwriters #StreamingRoyalties #Royalties #MusicTracks #MusicStreams #Music #MusicBusiness #Musica #MusicIndustry #Musique #Musik #MusicBiz #DSPs #StreamingServices #StreamingMedia

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I'm happy to announce that my original TV pilot screenplay, PROSPERITY, was awarded a semi-finalist spot in Filmmatic's drama competition! PROSPERITY is now listed in the top 5% of all projects on Coverfly. Jen Grisanti, a writing coach and story consultant was pivotal early on in the process. Writing on the side and continuing to find inspiration, while being a full-time business owner, especially in the age of AI, is not easy. But I continue to do it for the love of bringing forth my vision. When you truly love what you're doing, while you're doing it, and realize it as what it is, a Divine gift, nothing can stand between you and your vision. No matter how easy it gets to seemingly create via AI (and will continue to get easier), there's always room for your human vision to influence it. After all, it was trained on human creation and human intelligence. Even in a new coming world filled with instantly prompted niche movies, people will crave something human-centric. Something they can empathize with, identify with, and feel inspired by the journey they're taken on by a human-centric hero. I truly believe nothing will replace human creativity. As long as humans are watching, reading and paying attention to a hero's journey, nothing will replace that human-centric story. #screenwriting #screenwriter #entrepreneur #marketing #storyteller

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Deepna Devkar, Ph.D. what a treat having you on the podcast! If you’ve ever wondered what goes into building your personalised experience on Max, this is the episode for you. Tune in to hear from one of the minds leading the build of the platform experience!

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“Sony Music Entertainment is set to acquire the catalog of legendary rock band Queen in a landmark deal worth GBP £1 billion (USD $1.27 billion at current exchange rates). That’s according to Hits, which reported on Wednesday (June 19), citing sources, that Sony Music has emerged as the winning buyer for Queen’s recording and publishing rights, as well as royalties from previous deals with Disney Music Group and Universal Music Group. Disney owns the band’s recorded music catalog in North America, while UMG has a global distribution agreement with Disney. Separately, Queen band members Brian May, Roger Taylor, and John Deacon – plus the Freddie Mercury estate – each own equal shares in the company Queen Productions Ltd, which owns the group’s recording catalog outside the US and Canada, Music Business Worldwide noted in a report last year. UMG, as Disney’s distributor, will reportedly retain distribution rights in North America, although Sony will receive the royalties. UMG’s worldwide distribution rights will then transfer to Sony in 2026 or 2027, making Sony Music the sole distributor and owner of all Queen content globally, Hits explained. The deal also reportedly includes name and likeness rights, opening doors for merchandise and other ventures. Meanwhile, Queen’s founding members, May and Taylor, who continue to tour with vocalist Adam Lambert, will reportedly retain control of revenue from live performances.” Read the full article for more: #Queen #SonyMusic #UMG #DisneyMusicGroup #UniversalMusicGroup #Music #MusicBusiness #Musica #MusicIndustry #Musique #Musik #MusicBiz #Creators #Artists

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Mission: Impossible—Troika Force Logline: In a world where media giants wrestle for dominance, Paramount Global entrusts its fate to ‘THE TROIKA’— 3 visionary leaders tasked with a high-stakes mission to rescue the studio from the brink. Through strategic cuts, covert partnerships, and bold innovations, they race against time to save PARA from collapse. Will they succeed in this epic quest, or will their efforts be the final act in a storied legacy? Originally seen as a temporary fix, ‘THE TROIKA’ is now set to steer the ship through some stormy seas and possibly redefine Paramount’s future. With PARA’S $14 billion debt & lagging stock, ‘THE TROIKA’ are tasked with making tough decisions, including significant layoffs & asset sales. Their goal? Transforming Paramount into a leaner, more agile company. Despite the unconventional setup and skepticism from some analysts, the team has a unified vision & close working relationship, always a good omen — if sustained. Cough. However, their success could end up paving the way for JUST 1 of them to take the helm — solo — eventually. #ParamountGlobal #Leadership #MediaIndustry #BusinessTransformation #filmindustry #entertainment #media #business #news

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It's NOT. But what this really is about is a call-to-action and reaction to the industry earthquakes of the past year or so. One thing's clear: It's never going to be same again. And to be honest, things will probably be worse for a while longer before they get better - if they even do get better. But we have to change. We have to adapt. That's just the way it is, folks. #animation #cartoons #cartoonnetwork https://lnkd.in/gn3T-9fP

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“The UK recorded music industry grew for the ninth consecutive year in 2023, bringing in £1.43 billion. Streaming and physical music saw growth, and the independent sector also enjoyed an increased share of album sales and streams. This is all according to a new stats pack from BPI The BPI has published its annual ‘All About The Music’ report on the British record industry's performance in the previous calendar year. The topline stat is that revenues grew by 8.1% in 2023 to £1.43 billion. That’s the ninth consecutive year of growth. According to the record industry trade group’s stats pack, more than half of that (58%) came from subscription streaming, sync and public performance combined contributed 13.6%, vinyl sales 9.9%, ad-funded audio and video streams 9.5%, and CDs 6.8%. Physical media actually saw stronger percentage growth than streaming last year, with CDs, vinyl and other formats all up individually, and collectively up 12.8% on 2022 - vinyl seeing the biggest jump, up 18.6% year-on-year. Streaming overall saw revenues rise by 8.4%, with ad-funded streaming growing fastest at 12.4%. In terms of actual revenues, physical brought in £243.4 million, while streaming generated £962.1 million. In terms of what people were listening to, Miley Cyrus came out top with her song ‘Flowers’, which enjoyed ten consecutive weeks at number one in the UK singles chart. This run helped female artists to score a record tally of weeks at the top of the UK top 40 - 31 out of 52 weeks. Women appear in seven slots in the top ten for the full year, including Raye, Taylor Swift, Ellie Goulding and SZA.” #BPI #UK #Streaming #Artists #StreamingRoyalties #Royalties #RecordedMusic #StreamingServices #StreamingMedia #MusicStreams #MusicRoyalties #Songs #Recordings #MusicBusiness #Music #Musica #MusicIndustry #Musique #Musik #MusicBiz

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“Apple Music is rolling out a new ‘premium’ data analytics toolkit for its record label and distributor partners. The new ‘Apple Music Partner Program’ features various tools for Apple Music’s partners to track trends on its streaming service as well as global radio plays using Shazam technology. According to the landing page for the platform, it offers “access [to] more tools to break the next talent, spot emerging trends, and uncover new insights about your content”. “Apple Music already runs another analytics platform in Apple Music For Artists, which was made available for every artist on Apple Music in August 2019. Apple Music For Artists allows artists to monitor the volume of their streaming plays on Apple Music, all within a data set that updates daily. Spotify launched its own Spotify For Artists app in 2017 (an evolution of the ‘Fan Insights’ tool it introduced two years earlier) to provide artists and their teams with information pertaining to their popularity on the service. Like Spotify for Artists, the Apple Music For Artists service is available as both a desktop interface and a standalone mobile app.” #Apple #AppleMusic #Artists #RecordLabels #Spotify #Fans #Fandom #Streaming #StreamingRoyalties #Royalties #RecordedMusic #StreamingServices #StreamingMedia #MusicTracks #MusicStreams #Music #MusicBusiness #Musica #MusicIndustry #Musique #Musik #MusicBiz

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I recently had the opportunity to sit down with Net Influencer to discuss the creator economy's rapid growth, the expansion of 456 Growth (456 Growth Media and 456 Growth Talent); 25th Hour Social, and my predictions for the industry's future. Here are a few impactful insights from the interview that my partners Robert Bocchicchio, and Austin Cohen Esq., and the entire team at 456 Growth feel strongly about. Leveraging Data and Testing to Stay Ahead of Trends For us at 456 Growth, the key to staying ahead in the creator economy is a relentless focus on data, testing, and identifying new opportunities before they become industry norms. “You work for a big agency, and you have red tape that slows you down,” I said. “But overnight, snap your fingers—something could collapse. But also, an opportunity pops up.” 456 Growth’s agile, service-based approach involves “continuous testing, evaluation, and scaling” across its creator management and brand media divisions. According to our co-founder, some partners are eager to be on the cutting edge, while others prefer to see consistent results before adopting new strategies. “The brands that tested, even in a down economy, dominate because they didn’t lose their competitive advantage,” I explained. “The brands that tested early with things like whitelisting or Instagram Stories crushed it and built massive pyramids of creators driving 6 or 9-figure returns.” Moving from a “data-last” to a “data-first” perspective allows partnerships to be structured in a way that unlocks their full potential over the long term. With full visibility into both sides of the brand/creator relationship, 456 Growth can serve as an effective matchmaker. https://lnkd.in/e8Q6qej4 📊 #CreatorEconomy #DataDriven #InfluencerMarketing #456Growth #IndustryInsights #DigitalMarketing #Innovation #NetInfluencer #ContentCreation

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Is "THE FUTURE SO BRIGHT"...that "I GOTTA WEAR SHADES"? FYI - Per PwC’s annual “Global Entertainment & Media Outlook (link attached below), the Global box office and total cinema revenue are predicted to surpass pre-COVID-19 levels in 2026, but admissions won't recover within the next five years. Streaming services will see a 5.6% annual growth rate in subscriptions from 2023 to 2028, with revenue growth trailing at 4%. Advertising revenue will exceed $1 trillion in 2026, becoming the fastest-growing revenue segment in entertainment and media. PwC’s annual report also highlights a shift towards business model reinvention, driven by technological disruption, economic challenges, and the potential of generative AI.   https://lnkd.in/gsvFxinQ   https://lnkd.in/gqrft4UE

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