Headlines: NFTs Gain Momentum As Songwriters Fight for Higher Rates And Fitness Licensing Increases

The legal details of the NFT trend are getting some much-needed attention. Meanwhile, songwriters want a voice in the CRB mechanical rate-setting discussion, and fitness apps become a source of licensing revenue.
June 1, 2021
Want to invest in the music royalties featured in this article?
Become a Royalty Exchange member.
Start Investing

Copyrights, Royalty Splits & More: 'Ruthless' NFT Market Sparks New Legal Debates (Billboard)

Lawsuits are "coming," says entertainment lawyer Jordan Bromley, who leads the entertainment transactions and finance practice at Manatt, Phelps & Phillips, LLP. "The number of threats being made of litigation is astounding."


Songwriter Groups Want Their Voices Heard on CRB Royalty Rate ASAP (Billboard)

Songwriter groups expressed dismay that if the currently undisclosed settlement rate is the 9.1 cent amount that has been in place since 2006, they would like to object and want a chance to do so publicly and on record before the agency signs off on the settlement.


HOW TUNED GLOBAL IS HELPING FITNESS BRANDS INTEGRATE LICENSED MUSIC INTO THEIR VIRTUAL CLASSES (MBW)

The growth of this space has also created a significant opportunity for music rightsholders, with music’s role in the remote fitness business becoming so central that instructors are now being compared with the likes of “influencers and DJs”.
Become a Royalty Exchange Member
Sign Up
Get An Instant Catalog Analysis & Valuation
Sign Up
Interested In Royalty Investing?
Sign Up

Royalty News and Insights

Concord Acquires Music Catalog of Latin Superstar Daddy Yankee
Concord has finalized the acquisition of key assets from Daddy Yankee's music publishing and master recording catalog, including global hits such as "Gasolina", "Con Calma", and "Despacito".
Read Post
Cardo Sells Publishing Catalog to Kilometre Music as Fund Nears $150M in Music Rights Acquisitions
Canada-based Kilometre Music Group, through its Barometer Global Music Royalty Fund, has acquired the publishing catalog of American record producer Cardo (Ronald Latour Jr.) best known for collaborations with artists such as Drake and Travis Scott.
Read Post
The Impact of Streaming Services on Music Royalties
An in-depth look at how music streaming platforms have shaped recorded music revenue and consumer behavior.
Read Post
No items found.