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iHeartMedia will get $100-million in BMI sale. So will creators. Not everyone is thrilled.

The acquisition of performance rights organization BMI by New Mountain Capital, which transpired late last week, will put approximately $100-million of cash into iHeart’s balance sheet. Along with that, BMI announced that $100-million of post-sale proceeds will be distributed to music creators. There is some controversy. Continue Reading

RIAA asks U.S. government for protection against AI; targets Voicify

The Recording Industry Association of America (RIAA) has identified voice-cloning services as threats to musicians’ intellectual property, and reported Voicify particularly to the U.S. government. Voicify.ai was the only service called out by name, though it certainly is not the only service in the game. The RIAA makes two specific complaints. Continue Reading

Digital distribution companies criticize the UMG/Deezer royalty breakthrough

The new royalty attribution method recently deployed by Universal Music Group and streaming music platform Deezer seeks to make royalty calculation more fair. But the change is not universally applauded. Two digital distribution companies Believe and TuneCore, whose customers are mainly indie musicians, calls the system “reverse Robin Hood.” Continue Reading

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Major labels sue Internet Archive over pre-1972 recordings

Universal Music Group (UMG), Capitol Records, Sony Music Entertainment, and Arista Music have filed a copyright infringement lawsuit against the Internet Archive. The heart of this confrontation is a branded section of the Internet Archive’s Great 78 Project, a streaming database of 400,000 streaming, downloadable, and shareable recordings. Click through for the whole story. Continue Reading