Daily Edit | Apr 12

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Coachella 2024: line-up, stage times and how to stream online

In an effort to compete with TikTok, who has seen massive popularity in sped-up or sped-down tracks, Spotify is reportedly working on a feature that lets users create modified versions of songs. Per a Pex report from February, approximately one-third of all songs found on TikTok in 2023 were speed or pitch-modified. While the new feature intends to compensate rightholders for streams of these edited versions, the licensing deals have yet to be worked out. 

Despite being signed to Universal Music Group, how is it that Taylor Swift’s tracks have returned to Tiktok? Per Billboard, some lawyers are devising contractual carve-outs that allow their artists’ music to remain on the platform. “Some labels are allowing some of their artists to exclude newly created music from the grant of rights until the label has a deal in place [with TikTok], says Boyarski Fritz’ David Fritz

After spending over $200 million on more than 100 catalogs to date, South Korea-based Beyond Music has expanded into the Latin space after acquiring the catalog of Yandel. The deal includes the Latin Grammy Award winner’s publishing interests and neighboring rights royalties

Sean Miyashiro, CEO of 88rising, has shared plans to focus “a very concentrated effort [towards] Japanese music – that means staff, time and energy, resources, and really understanding and trying to develop [artists]. Similar to Philippine music- focused Paradise Rising, there are also plans for 88rising to create a label that focuses solely on Japanese artists.

Hires & Promotions

Rose Cook | COO | SESAC

Signings

Andrea Bocelli | Publishing | UMPG

Tinashe | Publishing | Position