музика

Meta shakes up music industry with new revenue sharing deal

coins
photo: image: Unsplash

Meta, the parent company of Facebook, has unveiled a new monetization feature that seeks to share revenue between music artists and content creators on the social media platform. 

Music Revenue Sharing is designed to make it easier for creators to monetize videos even when using licensed music, with Meta championing it as “the first of its kind within the music industry,” helping the site’s content creators “access more popular music, deepening relationships with their fans.”

‘Winnie the Pooh' and 400,000 Sound Recordings Enter the Public Domain

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photo: Pixabay, DariuszSankowski

Novels by Agatha Christie, William Faulkner and all pre-1923 sound recordings

A.A. Milne’s Winnie-the-Pooh, classic novels by Ernest Hemingway and Agatha Christie and hundreds of thousands of pre-1923 sound recordings are among the works that entered that public domain on New Year’s Day 2022, reported Rolling Stone.

Bruce Springsteen sells his masters and publishing rights for $500million

Bruce Springsteen
photo: ©Howcheng, wikipedia.org

The Boss has reportedly struck a deal with Sony Music

Bruce Springsteen has sold his masters and publishing rights to Sony Music in a combined deal worth around $500million (£377m), it has been reported.

According to Billboard, the sale will give the company ownership of the musician’s entire back catalogue which includes 20 studio albums, 300 songs, 7 EPs, 23 live records and more.