It was not just a venture capital company To raise hundreds of millions of dollars to invest in fast-growing markets. After more than 15 years of activity, the music industry came back and money is full of purchase rights to popular songs.
While paid streaming distribution services are widely adopted, major music streaming services such as Spotify, Apple Music, Tencent Music, Pandora, Amazon Music, YouTube Music, Deezer and others have been launched. now 51 million Paid subscription account for US music streaming service. Music industry increased by 8% last year $ 17.3 billionStreaming revenue increased by 41% and streaming revenue increased by 45% paid Streaming income.
The rise of music streaming leads to people who own copyrights of songs, the growth of entertainment in emerging markets, and the increased use of video in new formats such as VR. Not surprisingly, private equity firms, family offices, companies and pension funds want some of their behavior.
There are two general types of song copyright: Publishing rights and rights master. Composition of songs such as lyrics and melodies belongs to a composer with the right to publish (although, in general, signing an editing agreement, the publisher owns in addition to half of the royalties). On the other hand, the version of the song being played comes from an artist who owns the master right (in general, they sign a recording contract and the label gets most of the ownership and royalties from the master).
Popular songs are played each time a song is covered with a streaming service, downloaded from iTunes, or played on YouTube (a mechanical license) played at a radio or grocery store.
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