YouTube & ASCAP Announce Landmark Data Sharing Agreement, SOCAN Beats Royalty Records, Believe Digital Seeking Sale

Story of the Week YouTube, ASCAP to Share Data in First-Ever Voluntary Deal In what is the performance rights group’s first-ever fully-negotiated, voluntary licensing deal with the decade-old video hub not prompted by a rate-court proceeding, ASCAP will combine its database of 10.5 million musical works with YouTube’s data exchange, a move that ASCAP’s CEO… Continue reading YouTube & ASCAP Announce Landmark Data Sharing Agreement, SOCAN Beats Royalty Records, Believe Digital Seeking Sale

Digest: SOCAN & SODRAC Set To Join Forces, Spotify Signs UMG Deal, May Avoid IPO

Top Music News Story SOCAN Set To Join Forces With Reproduction Rights Body SODRAC Canadian music rights bodies SOCAN (the Society of Composers, Authors & Music Publishers of Canada) and SODRAC (Society for Reproduction Rights of Authors, Composers and Publishers in Canada) are actively discussing the possibility of combining operations. ‘The integration of the management… Continue reading Digest: SOCAN & SODRAC Set To Join Forces, Spotify Signs UMG Deal, May Avoid IPO

Digest: Big Players Back dotBlockchain, ESPN Reaches Licensing Settlement, Sprint Reveals TIDAL Details

Top Story Last Week SOCAN, CD Baby, SongTrust And FUGA Back DotBlockchain The dotBlockchain Music Project (dotBC), which aims to solve data, rights, ownership and payment issues in the music industry, has won backing from SOCAN and subsidiary MediaNet, plus Songtrust, CDBaby and FUGA. The partners will contribute technical and financial resources to the project,… Continue reading Digest: Big Players Back dotBlockchain, ESPN Reaches Licensing Settlement, Sprint Reveals TIDAL Details

RECAP: Music Piracy Costs Hundreds of Millions, SOCAN Releases New APIs, Spotify Gets Millions of DJ Mixes

Story of the Week Music Piracy Costs Europe $190 Million a Year, EU Study Estimates Music piracy has taken a small but noticeable bite out of potential profits for the recording industry throughout Europe, according to a new study by the European Union Intellectual Property Office. The report places an estimate on lost music sales… Continue reading RECAP: Music Piracy Costs Hundreds of Millions, SOCAN Releases New APIs, Spotify Gets Millions of DJ Mixes

RECAP: ASCAP Settles With DOJ, SOCAN Acquires MediaNet, U.K. Announces Safe Harbor Review

Story of the Week ASCAP Pays $1.75 Million To Settle DoJ Investigation The U.S. Department of Justice announced on Thursday that the American Society of Composers, Authors and Publishers (ASCAP) has agreed to pay $1.75 million to settle allegations that they had engaged in anti-competitive practices in violation of a court order. According to DoJ,… Continue reading RECAP: ASCAP Settles With DOJ, SOCAN Acquires MediaNet, U.K. Announces Safe Harbor Review

MediaNet Has Been Acquired By SOCAN

We are thrilled to announce that, effective Tuesday, May 10, MediaNet has been acquired by SOCAN, Canada’s premier performing rights organization. This is very exciting for us as a company and enables us to develop exciting new technologies that will benefit the entire digital music industry. Today at 9 AM PT a press release was issued… Continue reading MediaNet Has Been Acquired By SOCAN