Welcome to Music Business World’s weekly roundup – where we make sure you catch the 5 biggest stories that have made our headlines over the past seven days. MBW’s review is supported by China Travel Servicehelping more than 500 of the world’s best-selling artists maximize their income and reduce touring costs.
This year has proven to be a headache for regulators live country and its ticketing subsidiaries, Ticket Master. Not only is the company battling an antitrust lawsuit brought by the U.S. Department of Justice, it is also currently facing a challenge from the U.K. competition regulator over its use of dynamic pricing On sale for tickets oasisReunion tour next year.
In a new analysis, MBW Founder Tim Ingham examined the dilemma posed by the fact that demand for Oasis tickets far exceeds any possible supply, and concluded that Ticketmaster may offer The most important artist service On the market today: pain relief sponge.
Elsewhere in the music world, we got news this week that BrazilThe recorded music industry is one of the fastest growing industries in the world, and its growth rate is impressive 21% annual increase First half of 2024.
at the same time, Bertelsmannowned bone cement is facing a patent infringement lawsuit in the United States, filed by a company called MULWAX LIMITED.accused the music company of infringing a patent covering the selection of songs based on mood.
Speaking of court battles, this week we dive into the details below: SpotifyVictory in lawsuit against unlicensed streamers slim Shady Songs – The streaming companies won the lawsuit despite the court finding that the streamers did not actually have a license to the songs.
Here’s what happened this week…
Photo credit: Simon Emmett
1) UK competition watchdog launches investigation into Ticketmaster over OASIS ticket sales
British Competition and Markets Authority (China Manufacturers Association) has launched an investigation live countryticketing giant Ticket Master.
Investigate the cause? Saturday specials are oasis2025 stadium tour of UK and Ireland including ‘alleged’dynamic pricingThe CMA said in a statement on September 5 that it “may have been used”.
The competition watchdog said it planned to examine “whether Ticketmaster breached consumer protection laws by selling Oasis tickets”.
Exceed 10 million fans from 158 On Saturday (August 31), various countries confirmed that they had lined up to purchase tour tickets…
Photo credit: Simon Emmett
2) About… OASIS, Ticketmaster, “dynamic” pricing, Uber, money, and the truth.
It seems like everyone who works in music now wants to join artist services.
But do you know what is the most valuable artist service provided by any corner of the music industry?
as a pain relief sponge. Soak up the hate, the brickbats, the accusations of greed and fraud so that artists don’t have to do it—and do it without complaint.
Who is the world’s number one pain relief sponge artist?
Ticket Mastercertainly…
Image source: Press/UMG
3) The U.S. music streaming market may feel less volatile, but in Brazil… it’s still party time.
It’s fair to say that the global music industry was in a bit of a downturn last week.
Only a reckless executive could Recording Industry Association of America It was confirmed on Thursday (August 29) that industry revenue in the United States, the world’s largest recorded music market, increased by only 4% annual increase First half of 2024. Annual increase of 2.7% during the same period.
But what is it?
One of the most exciting and fastest-growing markets for business in the world without any trouble Double-digit rally First half of 2024…
Image source: N Universe/Shutterstock
4) BMG faces patent infringement lawsuit in the United States
An obscure company named MULWAX LIMITED. A lawsuit has been filed bone cement Sued in the United States for patent infringement.
The lawsuit, filed last month in Texas state court, cites a patent titled “Music Streaming, Playlist Creation, and Streaming Architecture,” which describes a system based on music with similar “emotions.” “A way to choose songs” for other songs.
As first reported by Patent Litigation Information Resource RPXlitigation target”Song recommendation function” Inside BMG sync Serve.
According to a lawsuit filed in the same Texas court on August 21, the company sued bone cement Seems to be suing tech giants too International Business Machines Corporation Suspected of infringing on the same patent…
Jacob Jampa/Shutterstock
5) Spotify just won a long-running lawsuit against streaming of Eminem’s work – even though the court found it didn’t have a license for the music. What does this mean for publishers?
After a five-year court battle, Spotify Has effectively won court cases against people accused of streaming slim Shady Unlicensed songs.
Despite the court ruling Spotify no license Stream these tracks.
The court also concluded that if Spotify is held accountable for copyright infringement, the fine must be paid by… Kobart Music Group.
However, the biggest loser in this case is eight mile styleco-publisher of 242 Eminem tracks, including the rapper’s biggest hits, lose yourselfas well as other hits like Stan, real slim shady, That’s how I amand without me…
MBW’s weekly roundup is powered by Centtrip, a company that helps more than 500 of the world’s best-selling artists maximize their earnings and reduce touring costs.global music business
