Music Business Worldwide News

1. From the 120,000 tracks hitting streaming services daily to Universal’s AI sound partnership… it’s MBW’s Weekly Round-Up

   The biggest music biz headlines from the past week, all in one place

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2. Copyright Royalty Board confirms streaming royalty rate for songwriters for 2018-2022

   The Copyright Royalty Board issued a written determination this week upholding the Phonorecords III mechanical royalty rate

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3. Live Nation President and CFO talks AI, ticketing legislation and TikTok at J.P. Morgan conference

   Live Nation President and CFO Joe Bertold was interviewed at the J.P. Morgan Global Technology, Media and Communications Conference this week

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4. CISAC reports ‘sharp’ rise in collections in Greece and global music identifier system progress in annual report

   International Confederation of Societies of Authors and Composers (CISAC) has published its latest annual report

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5. Jen Hubbard appointed Director, Sync A&R at Concord Music Publishing

   Exec will be responsible for the development and management of Concord’s US songwriter roster for the purpose of sync activity

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6. Personalised video platform HiNOTE teams up with Ticketmaster, Wu-Tang Clan and De La Soul

   Platform has secured what it says is a "strategic placement" on Ticketmaster

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7. After raising $25m, BandLab parent offloads UK music media brand Uncut

   Divestment of Uncut arrives in the same week that BandLab Technologies raised $25m, valuing the company at $425m

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8. Andrew Spence promoted to General Counsel at Sony Music Publishing UK

   Spence first joined the company in 2014 as a Business Affairs Manager

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9. Snapchat teams up with Republic Records to launch virtual ‘Band Tees’ merch

   Debut collection features 'digital merch tops' from Greta Van Fleet, Jonas Brothers, Kim Petras, Lil Wayne, Metro Boomin and Nicki Minaj

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10. Nathan Barley Phillips and Shawn Keith upped to Heads of A&R in Europe and North America at Nuclear Blast

    Believe-owned metal label Nuclear Blast has restructured its A&R department

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