Music Business Roundup: Copyright Royalty Board Question, Razor & Tie Join With Concord Bicycle Group, & More

john coltrane Each week on Songwriter U, Songspace recaps the top stories in the world of music business. Here’s everything you need to know from the week ending on October 2nd. Copyright Royalty Board Questions Rates The Copyright Royalty Board asked a question this week that could pose many problems and arguments by suggesting they might charge different rates for major vs. indie record labels. They essentially wanted to know if they could "charge varying royalty rates for different music suppliers," which could also refer to different genres. However, the posed question also revealed that UMG and Sony might be gearing up to argue for different rates as well, while independent labels have collectively said through A2IM they are in favor of a singular rate. Read More... Razor & Tie + Concord Bicycle Music The two publishing / record label groups have joined together to form Razor & Tie Enterprises LLC. The new company was created after years of the CEOs looking for the right deal so they could combine forces. It didn't feel right until this recent deal was struck, one which involved Concord investing in Razor & Tie instead of acquiring them. This deal will include working together to advance the Kidz Bop project, as well as Concord providing admin services for Razor & Tie's publishing. Sign In to Keep Reading

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