| We've covered the music business each day since 21 Jun 2002 Today's email is edition #5294 |
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| | In today's CMU Daily: Prosecutors in the US have charged a man accused of running a streaming fraud scam that generated over $10 million. He got individuals abroad to set up âbot accountsâ on the streaming platforms and then set those accounts streaming hundreds of thousands of tracks that he created with an AI company
One Liners: news from Interscope, Blue Raincoat, IDOL, City Slang, Myst Music, The Orchard, Third Side Music, Pulse Music Group, Sony Music Publishing Scandinavia, Beatport, LabelRadar, Bluesky, YouTube, DAACI, Soundstripe, Snap, Safe Superintelligence, Eventbrite +more
Also today: EU officials have reportedly ruled out any deal to remove the hurdles British performers now face when touring Europe; Scotlandâs music industry is breathing a sigh of relief after First Minister John Swinney confirmed that Creative Scotlandâs Open Fund for Individuals will not have to close after all; The Competition & Markets Authority has announced a formal investigation into the use of dynamic pricing for the Oasis reunion shows Plus: yunĂš pinku is CMU Approved
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| Ready for September? Skill up with CMU's Copyright + Licensing Masterclass bundles âĄïž Having a really in-depth understanding of how copyright and licensing work has never been more important. For a limited time we're offering two CMU Masterclass 'mini-bundles': Copyright, Licensing + Data Fundamentals and Streaming + Sync Licensing: The Deep Dive both of which pull together content from our recently releases CMU Masterclass series. Each bundle is available this week at a huge 45% discount off the standard bundle price - which already offers a signficant saving against the individual Masterclass pricing. Copyright, Licensing + Data Fundamentals includes three Masterclasses and is just ÂŁ70.95 - reduced from ÂŁ129. Streaming + Sync Licensing: The Deep Dive include two masterclasses and is just ÂŁ54.45 - reduced from ÂŁ99. đ Click through to see what's include and buy using the coupon BACKTOWORK
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| New York District Attorney brings criminal charges against man accused of sophisticated streaming fraud that raked in more than $10 million | | A man in the US has been charged with wire fraud and money laundering in connection to an alleged streaming fraud enterprise which prosecutors say involved âbillionsâ of fraudulent streams of âhundreds of thousandsâ of AI-generated tracks to generate more than $10 million in royalties.
The defendant, Michael Smith, operated a âbrazen fraud schemeâ, according to Damian Williams, US Attorney for the Southern District of New York, which âstole millions in royalties that should have been paid to musicians, songwriters and other rightsholders whose songs were legitimately streamedâ. Smith has been charged following an investigation by the FBI. Although the music industry has pursued legal action in multiple countries against companies that provide stream manipulation services, there have been relatively few criminal actions over streaming fraud to date. Although, earlier this year, an unnamed Danish music industry executive was sentenced to eighteen months in jail after being found guilty of running a streaming fraud operation.
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| | | | | | | | | | | | | | | | | | | | | | đ See all current jobs at https://completemusicupdate.com/jobs | | Horizon is CMU's weekly newsletter that brings you a hand-picked selection of early-stage career opportunities from across the music industry. Whether you're looking for your first job in music or you're ready to take a step up, Horizon is here to help you find your dream job faster.
đ Click through to see the current selection. | | ONE LINERS | Deals Jennifer Hudson has signed to Universal Musicâs Interscope Records. Blue Raincoat Artists has signed a global management agreement with singer-songwriter Weyes Blood. IDOL has signed a global marketing and distribution deal with Berlin-based independent label City Slang. Myst Music has signed a global distribution and label services deal with Sony Musicâs The Orchard. Appointments Third Side Music has expanded its global creative team into the UK and Europe, appointing Stephen Christian as Executive Vice President Of Creative/A&R: International based in London. PULSE Music Group has promoted Tizita Makuria to Senior Vice President Of A&R. Sony Music Publishing Scandinavia has announced two key promotions in its Stockholm office, with Atena Banisaid named General Manager and Christoffer Lindh appointed Head Of A&R. Streaming, Digital, Broadcast & Retail The Beatport Group has launched the Artist Network, a new feature on its LabelRadar platform designed to facilitate connections and collaborations among artists. Bluesky has added over 2 million new users in four days, following X's shutdown in Brazil. According to Appfigures, Bluesky's downloads in Brazil increased by 1,018,952% compared to the previous weekend. YouTube has announced the development of new AI detection tools to protect creators from having their likeness copied and used in other videos. Soundstripe has launched an AI Song Editing feature in partnership with DAACI, allowing users to customise tracks from its licensed music library. Snap has announced it is testing a simplified version of Snapchat which aims to improve Snapchat's accessibility and usability, potentially to attract older users who have historically found the app difficult to navigate. Safe Superintelligence, an AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, has raised over $1 billion in capital from investors. The Australian government has published a proposals paper for AI regulation, acknowledging that the current regulatory system is not fit for purpose. Live Ticketing company Eventbrite has opened up its platform and marketing tools to all event organisers, offering unlimited event publishing and promotion with no organiser fees. Other Industry News & Events ERA, the UK trade body for entertainment retailers and digital platforms, has honoured seven entertainment industry champions at its second annual summer party in London. The Association Of Independent Music, the trade body representing independent record labels in the UK, has confirmed the full line-up for its annual member gathering AIM Connected, taking place at Londonâs Barbican Centre on Thursday 12 Sep. | đ Read today's One Liners in full | |
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Concessions for UK artists touring EU âimpossibleâ say EU officials | | The European Union is unlikely to offer a new deal to make it easier for British artists to tour around Europe, because doing so would involve wholesale changes to EU rules. This news will be a blow to the UKâs new Labour government, which included âhelping our touring artistsâ as a key priority as part of a manifesto commitment to tear down âunnecessary barriers to EU tradeâ prior to this yearâs General Election.
According to internal EU briefing documents seen by the Financial Times, EU officials say âsuch a deal is impossible because it would require rewriting the EU-UK Trade And Cooperation Agreementâ, as well as making changes to EU rules on customs, road haulage and services. Changes, says the FT, that the European Commission is ânot prepared to considerâ. That said, Paul Adamson from the EU-UK Forum, a group which brings together policymakers, told the newspaper that the UK government might still be able to get some of what it wants if it is willing to make some compromises, adding that European Commission President Ursula von der Leyen is likely to be an ally in that domain. âShe sees the bigger picture, the geopoliticsâ, he added. âSheâs anglophile and has intervened before to make compromises to get deals doneâ.
| Read the full story | | Oasis dynamic pricing backlash escalates as UK competition regulator launches formal investigation | | The UKâs Competition & Markets Authority has formally launched an investigation into Ticketmasterâs sale of tickets for the Oasis reunion shows, including the use of dynamic pricing.
News of the investigation came shortly after Oasis themselves issued a statement in which they tried to distance themselves from the backlash over last weekendâs ticket sales, which many are saying will taint their legacy. In their statement, the band basically blame their promoters and management for choosing to employ dynamic pricing.
The CMA says it will investigate whether the ticketing giantâs dynamic pricing system violates consumer rights laws, adding that it will be âengaging with Ticketmasterâ to conduct the investigation, as well as âgathering evidence from various other sourcesâ, including fans.
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| Scottish First Minister says Creative Scotland budget cuts will not go ahead, promising to âsupport Scotlandâs culture sector and creative industriesâ | | In his annual âProgramme For Governmentâ address yesterday, Scotlandâs First Minister John Swinney told the Scottish Parliament that his government will âsupport Scotlandâs culture sector and creative industriesâ, promising that a review of funding body Creative Scotland âwill be undertaken to ensure the appropriate approach is in place to meet the needs of the sectorâ.
More immediately, he also confirmed that âthe resources required to enable Creative Scotland to continue the work of the Open Fund are now availableâ.
The announcement follows a recent open letter from the Scottish music community in response to the closure of Creative Scotlandâs Open Fund for Individuals due to uncertainty regarding government funding, and the delayed reopening of other music funds. Those developments, the letter said, had âignited the worst crisis that Scotlandâs music and wider arts sector has ever facedâ.
Speaking yesterday, Creative Scotlandâs CEO Iain Munro said, âWe welcome todayâs confirmation of ÂŁ6.6 million, originally committed to Creative Scotland by the Scottish Government at the start of the yearâ, adding that the funding body is experiencing âunprecedented levels of demand of the Open Fund for Individualsâ.
Robert Kilpatrick, CEO of the Scottish Music Industry Association said, âWe welcome todayâs announcement from the First Minister, and we would like to acknowledge the efforts of [culture minister] Angus Robertson in ensuring that these vital funds remain available to support artists and creatives across Scotlandâ.
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| đ§ Approved: yunĂš pinku | | Malaysian-Irish producer and songwriter yunĂš pinku harnesses the sounds of the rave to create fresh, melodic soundscapes, blending structured pop with glossy, sci-fi textures and ethereal electronic layers.
Her latest single, âHalf Aliveâ, is an open-hearted anthem driven by a ticking breakbeat and shimmering synth stabs. pinkuâs airy vocals rise above the track, examining experiences of anxiety and depression in a Grimes-worthy falsetto, contrasting the trackâs darker undertones.
âHalf Aliveâ is the second single from her upcoming EP âScarlet Lambâ, due for release on 4 Oct. đ§ Listen to âHalf Aliveâ here
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| | | Op-ed: Jonathan Coote of Bray & Krais on AI and fair use | | As the Suno and Udio lawsuits make their way through the courts, the fundamental issue in the cases is likely to be whether the 'fair use' defence can be successfully run for the training of AI tools on copyright works. Jonathan Coote examines the issue in more detail.
| đ Read Jonathan Cooteâs op-ed in full | |
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