Posted by Glen Sears | November 14, 2016 9:23 am | No Comments
Dept. of Justice Appeals BMI Consent Decree Decision
Story of the Week
The Department of Justice has filed a notice that it is appealing a September ruling by federal Judge Louis Stanton that concluded fractional licensing is allowed under the BMI consent decree. This appeal, which was expected, comes after the Judge KO’d the DOJ’s interpretation that the consent decree requires 100 percent licensing, AKA full-works licensing.
“While we hoped the DOJ would accept Judge Stanton’s decision, we are not surprised it chose to file an appeal,” BMI president/CEO Mike O’Neill said in a statement. “It is unfortunate that the DOJ continues to fight for an interpretation of BMI’s consent decree that is at odds with hundreds of thousands of songwriters and composers, the country’s two largest performing rights organizations, numerous publishers and members of the music community, members of Congress, a U.S. Governor, the U.S. Copyright Office and, in Judge Stanton, a federal judge.”
“We believe Judge Stanton’s decision is correct and look forward to defending our position in the Court of Appeals for the Second Circuit.”
Top Music News Stories
Cox Communications Appeals Against $25m BMG Verdict. Cox has said it is entitled to a new trial against music publisher BMG Rights Management because of several errors by a federal judge in Virginia.
Amazon Music Unlimited lands in the UK, Germany, and Austria. One month after the new on-demand streaming service launched in the U.S. Amazon has brought the service to the U.K.; Germany and Austria are close behind.
Apple Aquires Tech, Talent Of Bankrupt Music Streamer Omnifone. According to sources from TechCrunch, Apple hired at least 16 employees and purchased select technology from Omnifone, an early player in streaming music services.
SoundCloud On Acquisition Talk: ‘There Is A Lot Of Interest In Us.’ “We are very determined that we are building a sustainable platform,” he said. “We are focused on the long game here and it has been a long time coming.”
Napster Posted A $1.6m Profit For Its Latest Quarter. Napster recorded a net profit of just over $1.6m in the third quarter of 2016, according to the financial results of RealNetworks, which has a 42% ownership stake in the music streamer.
“Facebook Is Finally Ready To Become A Media Company.” According to analyst Mark Mulligan, Facebook “is now about to start looking and behaving much more like a media company, but in doing so it will rewrite the rule book on what a media company is.”
Orlando Buys Pulse Nightclub, Plans to Turn It Into Memorial. “This location is now a permanent part of Orlando’s history, it’s the site of the most tragic event that has ever occurred in the City of Orlando. We want our entire community to be a part of this site.”
Finally last week, the music industry lost a major talent in Leonard Cohen. As a songwriter, poet, singer, and popular icon, Cohen contributed so much to our industry and will be remembered fondly in our hearts.
Our best wishes for a great week! – MediaNet
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