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CMU Insights: Get to grips with the streaming business next Monday
By CMU Editorial | Published on Wednesday 26 February 2020
Given today’s big stat that streaming now accounts for nearly 80% of US recorded music revenues – and it generates more than half of record industry income worldwide – you should probably all have a decent understanding of how the streaming music business works.
How do the services get their content? Who do they need to do licensing deals with? How are royalties calculated and paid each month? What does Merlin do? Where do the distributors fit in? Why do both publishers and collecting societies license on the songs side? How does the money get shared out between all the stakeholders? And what the fuck is ‘user-centric royalty distribution’ all about?
We’ll answer all these questions in one afternoon next week with the return of the ‘Dissecting The Digital Dollar’ masterclass. Based on five years of research undertaken by CMU Insights for the UK’s Music Managers Forum, we’ll explain how digital licensing works, and provide you with the copyright, record contract and publishing knowledge you need to understand it all.
The masterclass takes place at the London HQ of Lewis Silkin next Monday afternoon. Tickets are available here.