WASHINGTON D.C. (CelebrityAccess) — Digital efficiency rights group SoundExchange revealed that it has distributed greater than $9 billion in digital royalties to music creators because it grew to become a standalone entity in 2003. That determine contains greater than $235 million distributed in the course of the first quarter…
(CelebrityAccess) – Spotify has revealed its numbers, exhibiting that it paid $7 billion to artists in 2021, greater than every other streaming service. The determine contains recorded music and publishing. The information was printed on the corporate’s Loud and Clear web site, which goals to indicate transparency for artists…
Paramount International is elevating $1 billion in contemporary money by a bond sale anticipated to shut March 29. It stated it intends to make use of proceeds from the providing for normal company functions — which can embrace paying down debt. The corporate previously referred to as ViacomCBS rebranded final month in a nod to…
Congratulations to Linkin Park, as their mega hit “Numb” has now reached one billion streams on Spotify. It is their second track to hit the benchmark, after “Within the Finish” did so final June and grow to be the primary nu-metal track to hitch the billions membership. “Numb” is from the band’s 2003 sophomore album Meteora, which peaked…
(CelebrityAccess) — The Worldwide Federation of the Phonographic Trade or IFPI revealed that 2021 was a banner 12 months for the recorded music trade with the worldwide recorded music market grew by 18.5% with complete revenues of $25.9 billion. Within the newest World Music Report, the IFPI stated the…
UPDATED with quotes: California’s Movie & Tv Tax Credit score 2.0 Program generated practically $21.9 billion in financial output within the state over 5 years at a projected price to taxpayers of little greater than $1.5 billion, in response to a brand new research commissioned by the Movement Image Affiliation, utilizing knowledge from the California…
LOS ANGELES (CelebrityAccess) — Because the scramble for streaming content material continues, Amazon introduced it has accomplished a $8.45 billion deal to amass the venerable MGM Film studio and its belongings. The deal will carry MGM’s catalog of greater than 4,000 movies, together with the James Bond and Rocky…