MUSIC INDUSTRY NEWS

Facebook Secures Major Label And Publisher Rights For Its Twitch-Rivalling Gaming Platform

Twitch remains without live-stream music licenses from major and indie labels and publishers alike… but it’s a different story over at Facebook Gaming, the video game-leaning live stream platform with over 200 million monthly viewers.

TikTok Owner Chooses Oracle Over Microsoft As US Tech Partner

Oracle spokeswoman Deborah Hellinger said she was confirming remarks made by U.S. Treasury Secretary Steven Mnuchin, who told CNBC on Monday that TikTok’s parent company, ByteDance, submitted its proposal to the U.S. government for approval.

CMW Announces Virtual Jim Beam National Talent Search Tour

October 13 – October 20, 2020 Featuring 40 Bands from Toronto, Halifax, Ottawa, Montreal, Edmonton, Vancouver, Calgary, and Saskatoon

Hipgnosis Buys Chrissie Hynde Catalog, Including Hits By The Pretenders

Hipgnosis has acquired 100% of Chrissie Hynde’s music publishing catalog of 164 songs including Publishing and Writer’s Share (PRS) from the Pretenders and her other projects.

New Music Drops Every Minute. But Back-Catalogs Are Driving the Industry’s Transformation

Amid a pandemic and an abundance of new music, the value of older music catalogs keeps rising — and the investor interest may spark seismic shifts in the record business