rights tech

Home rights tech

Licensing Platform Pex Secures $57m Investment From Tencent, Tencent Music Entertainment...

Music Business Worldwide reports: "The round was joined by existing investors with additional participation from Tencent, Tencent Music Entertainment, the CueBall Group, NexGen Ventures...

Answers to questions about Copyright in 2021

Hypebot reports: "Although they were easy to miss in the end of year kerfuffle, several new copyright bill and proposals were not only announced,...

Universal Music Pulls Song Catalog From Triller, Saying TikTok Copycat ‘Shamefully’...

Variety reports: "Universal Music Group has removed its entire music library from video app Triller, a would-be TikTok competitor, alleging Triller has withheld payments...

Sony Music Acquires Kobalt’s Label and Neighboring Rights for $430 Million

Variety reports: "Sony Music Entertainment announced it has entered into a definitive agreement with Kobalt Music Group to acquire Kobalt’s recorded-music operations, including AWAL,...

Why Video on Demand Data Won’t Be Public Any Time Soon

The Hollywood Reporter reports: "While Comscore, Nielsen and Screen Engine/ASI are now tracking SVOD performance (mostly for clients), studios don’t yet have an incentive...

Liberty Media Offshoot Raises $575m to Buy Huge Company – Will...

Music Business Worldwide reports: "Liberty Media Acquisition Corporation (LMAC), the newly formed “blank check” acquisition company launched by Liberty Media, raised $575 million in...

Comscore Introduces ‘Movies Everywhere’ Cross-Screen Measurement System

Deadline reports: "With the nature and business of feature films changing almost daily, Comscore has announced “Movies Everywhere,” a new cross-screen measurement system." Read more

Hipgnosis Plans Billion-Plus Shares to Raise Funds for More Catalogs

Billboard reports: "Hipgnosis Songs Fund Limited is planning to issue up to 1.5 billion new shares as it eyes more catalog acquisitions, according to...

SiriusXM Takes $1B Pandora Hit Due To ‘Royalty Cost Structure’

Hypebot reports: "SiriusXM added 909,000 new subscribers last year, bringing their total monthly self-pay subscriber base to a record of 30.9 million at the...

Audible Magic Acquires SOCAN’s MediaNet

Hypebot reports: "Canadian PRO SOCAN has sold its global content fulfillment and rights administration service MediaNet to Audible Magic." Read more