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Ed Christman, Billboard

More from Ed Christman, Billboard

ASCAP and BMI Consent Decrees Review Expected to Conclude This Year While Both Sides Argue Worst-Case Scenarios

The U.S. Deptartment of Justice's ongoing review on whether the ASCAP and BMI consent decrees should be amended, sunsetted or simply left alone will likely be concluded before the end of the year, according to a comment made Aug. 13 by Makan Delrahim, the DOJ assistant attorney general for the antitrust division.

Music Modernization Act Passes in Senate With Unanimous Support

The U.S. Senate passed the Music Modernization Act by unanimous consent Tuesday. The move mimics the House's unilateral support of the bill by a vote of 415-0 back in April.

Sony Buys Additional 60 Percent Stake in EMI Music Publishing

Sony's purchase from Mubadala Investment Company — which is pending regulatory approval before it can close — brings the Japanese conglomerate's total share up to 90 percent.

As Spotify Trading Begins, Labels Fret Over When to Sell — and How to Share Profits

"What message are we sending if we start dumping shares and tell everybody about it?" asks one executive.

Dept. of Justice Makes a Dramatic Change for Music Licensing Official

Songwriters and music publishers, as well as the U.S. Copyright Office, have voiced vehement opposition to the mandate.

Sony to Buy Out Michael Jackson Estate’s Half of Sony/ATV Music Publishing

Sony will pay $750 million for the 50 percent interest in the publishing company it doesn't already own.

Spotify Hit With $150 Million Class Action Over Unpaid Royalties

According to sources, Spotify has created a $17 million to $25 million reserve fund to pay royalties for pending and unmatched song use.

Dept. of Justice Eyeing Music Publishers, Perf Rights Orgs for Possible ‘Coordination’

The Department of Justice is investigating major publishing companies and is rumored to be looking into possible behind-the-scenes collusion among the companies in regard to their negotiations with Pandora.

Spirit Music Group Acquires Nashville-Based Cal IV Entertainment

The acquisition gives the music publisher a notable presence in Music City.

ASCAP’s 2013 Revenues, Distributions Up From 2012

Distributions to members jumped 2.9% last year, while revenues were up slightly to $944 million.

U.S. Album Sales Hit Historic Lows

The last five weeks has marked the longest consecutive stretch in the SoundScan era that the industry has gone without scanning more than 5 million units.

New Details about Apple’s iTunes Radio Revealed in Licensing Agreement to Indie Labels

Apple won't have to pay for content during beta launch of the service, which can last up to 120 days.