Music Business Roundup: Dept. Of Justice Proposal, BMG Partnership, & More

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 July 31st. Department Of Justice Proposes New Rule The announcement that the Department of Justice is considering a new piece of legislation caused a lot of discussion in the industry yesterday. The proposal includes a new rule that would allow any partial owner of a song to license the entire work - essentially saying that you would no longer have to have each share's approval to be granted a license. For example, this would allow a song with four co-writers to be licensed by just one writer, without consent or knowledge of the other three. It appears to be an uninformed proposal that disregards how the licensing process normally works. Read More... BMG Lands A New Partnership The music publishing company BMG has a new partner: BroadbandTV. The goal of the partnership is to give BMG artists more exposure by having more opportunities for online video. BroadbandTV owns two major YouTube music channels, which could be great spaces for BMG to promote their music. Read More... Sony Music's Quarterly Revenue Explained One interesting aspect of…

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