Indian streaming service Gaana went premium only after takeover talks with a big tel co fell through. However, while the judge said that Sony Music’s attempts to hold Bang liable for so called contributory infringement regarding the influencer content would have to go to a jury, it had sufficiently demonstrated why the drinks firm should be deemed liable for vicarious infringement in relation to those videos. Universal failed to get a summary judgement in its favour on that point. The two music firms also want to hold Bang liable for the unlicensed music in videos posted by influencers that it works with. Universal Music also successfully sued Bang over its social posts, it winning a summary judgement in its favour in July. The licences secured from the music industry by platforms like Instagram and TikTok only cover user-generated content, not brand-made videos. Ī judge ruled that energy drink Bang had infringed the copyrights of Sony Music by using the major’s recordings in its social media posts without licence. Cohen also said that YouTube’s newish TikTok-style Shorts set-up was now generating over 30 billion views per day, and that the company would soon be announcing “long-term monetisation solutions” for its short-form content service. In a blog post that accompanied the new stats, YouTube’s Global Head Of Music Lyor Cohen said that the Google-owned video platform was now aiming to be the “number one contributor of revenue to the industry by 2025”, ie bringing in more money for labels and distributors across its different services than Spotify. That’s an increase of $2 billion year-on-year, and about 30% of the money came from music used in user-generated content. YouTube said that it paid out more than $6 billion to the music industry in the twelve months up to June this year.

The key stories from the last week in the music business… Business News CMU Digest CMU Digest 18.09.22: YouTube, Bang, Gaana, Universal Music, Lizzo By Chris Cooke | Published on Sunday 18 September 2022

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