Canadian music investment firm buys publishing rights from Drake producer Murda Beatz

Kilometre Music Group tells The Canadian Press it has purchased 285 songs that the 27-year-old helped create up until 2020, including Drake's No. 1 single "Nice For What," and other tracks from the Toronto rapper's library, among them "Elevate," "Portland" and "With You."

What Kilometre gets are royalty payments each time the lyrics or music is used in a variety of circumstances, including if the composition is recreated in another song, printed as sheet music, performed by another artist in concert or placed in a film or TV series. Earlier this week, Sony Music Entertainment announced it acquired Bob Dylan's catalogue of music, including recordings of "Knockin' on Heaven's Door" and "Blowin' in the Wind."

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

What it means for the music industry after Neil Young’s music is pulled from SpotifyWhose call was it to pull Young music’s from Spotify? Does it matter that Young recently sold half his publishing rights? Here’s what you need to know I hope he started a waterfall exit by artists who demand the same thing. Not nice Spotify It means nothing for the music industry but it's a HUGE win for free speech & free expression.
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Top investment banks scramble to change their Federal Reserve rate calls after hawkish shiftThe U.S. Federal Reserve’s announcement on Wednesday surprised investors who had already braced for as many as four rate hikes until the end of the year
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Britain’s competition regulator launches investigation into music streaming marketBritain’s competition regulator said it launched the investigation to establish whether innovation in the music streaming market is being stifled and if any companies hold excessive power
Fuente: globeandmail - 🏆 5. / 92 Leer más »