September, 2024

September, 2024

Pink Floyd Sells Music Rights to Sony for $400 Million
Despite decades of infighting and years of false starts, the members of Pink Floyd have agreed to sell music rights to Sony Music for $400 million. The deal apparently has finally concluded despite de...

MIDiA: A Music creator economy recalibration
The music creator economy was thrust into the wider music industry’s limelight with the Covid lockdowns triggering a surge in new creators. Our latest music creator report shows that progressively m...

GEMA proposes licensing model for AI-generated music
One-time payment for training data not sufficient, CMO says....

Music Industry Funding Fell in Q3 ’24 Despite Some Positive Signs
Overall, Q3 2024’s funding was significantly beneath that delivered by Q3 2023, north of $2.56 billion across 30 rounds. The older period’s average round size was $85.43 million, in excess of thre...

Zuckerberg: creators, publishers ‘overestimate the value’ of their work for training AI
Meta CEO Mark Zuckerberg says there are complex copyright questions around scraping data to train AI models, but he suggests the individual work of most creators isn’t valuable enough for it to matt...

TikTok vs. Merlin: Licensing Impasse Looms for Indie Collective
A letter sent from Merlin to its members states TikTok has walked away from negotiations with the collective in favor of individual deals. “TikTok has asked us for an ‘orderly transition’ to do ...

AI crawlers are hammering sites and nearly taking them offline
Kyle Wiens recognized something was wrong in July when his staff at iFixit began receiving alerts about high traffic on their cellphones. They also were able to identify what had caused the issue: It ...

U.S. Court Orders LibGen to Pay $30m to Publishers, Issues Broad Injunction
A New York federal court has ordered the operators of shadow library LibGen to pay $30 million in copyright infringement damages. The default judgment comes with a broad injunction that affects third-...

Generative AI & Licensing: A Special Report
To date, more than two dozen content owner deals with AI developers have been publicly confirmed, according to VIP+ research. A diverse range of publisher types are now engaged in licensing, with ...

An author has questions on his publisher’s AI deal (opinion)
Informa, the academic publishing powerhouse and parent company of Routledge and Taylor & Francis, recently announced a deal with Microsoft that will feed a massive body of scholarly work to a generati...

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