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Up here at IMNZ we like to keep an eye on music industry things happening out there around the world. We figure it might also be useful and interesting to provide regular international and local updates relevant to record labels and artists…so below is a selected summary – something we hope to do on a regular basis.
APRA Professional Development Awards
The applications for the 2011 APRA NZ Professional Development Awards (PDA) close on December 3. The PDAs are for New Zealand songwriters who can demonstrate that they possess outstanding potential in their field. Three professional songwriters and composers will receive Awards, covering three genres: Pop/Contemporary, Classical & Film/TV.Assistance will be provided in the form of $12,000 towards: overseas travel to enable recipients to further their careers by attending music education courses; participating in co-writing activities; song writing workshops; composer seminars or other relevant opportunities. The Awards are not intended to fund recording or touring activities. More info over at the APRA website APRA/AMCOS also elected a new board including a new writer member Don McGlashan…full details of the election can be found here
NZ Music Commission Offers Benefits to NZ Delegates at MIDEM 2011
MIDEM runs annually over 5 days in Cannes, France. MIDEM is the largest business-to-business music conference in the world with 78 countries involved and over 7000 delegates from 3000 companies attending. MIDEM and MidemNet bring together the music industry’s influencers and decision-makers from across the globe. MidemNet provides insightful analysis into the mobile and digital music markets.
MIDEM, now in it’s 45th year, has been a key yearly event for the music business to license and discover music, find solutions, make deals, keep abreast of industry trends and to meet the people that could transform their business; a concentration of ideas and opportunities on a global scale.
The NZ Music Commission will again host the New Zealand stand at MIDEM 2011 and we encourage all delegates to register through us in order to receive the special discounted rate and other benefits.
Contact the NZ Music Commission for more details
Napier City Showcase Next Weekend
Don’t forget the city showcase next weekend in Napier, based on the London City showcase and featuring 40 local artists. There will also be a series of Workshops at Kazba, Hastings Street, during Friday and Saturday. These are designed as a tool for anyone interested in breaking into, or furthering their careers in, the music industry. Visit the website here. Read these stories on City Showcase on Stuff and the NZ Herald
eMusic Signs Major Labels and Loses Some Independents from Catalog.
This week music subscription website eMusic ("no.1 site for independent music") announced that it had signed up the remaining major record labels to it’s catalog (Universal, Warners and Sony). Previously eMusic was the second largest music download website (after iTunes) it managed to achieve this with only catalog from independent record labels.
The move to include the major labels (including 250,000 tracks from Universal) has been controversial and has resulted in three of the largest independents leaving. These are Merge (Arcade Fire, Spoon etc), Domino (Dirty Projectors, Franz Ferdinand) and the Beggars Group (which includes 4AD, Matador, XL and others). Beggars have issued a statement outlining why it chose to leave eMusic.
Many subscribers also appear to be unhappy about the change, which also includes variable pricing. Previously you paid a set monthly fee that would allow a certain number of downloads per month.
Merlin Signs Deal with Audiotube
Global indie music rights agency Merlin has signed a worldwide licensing deal with online music video platform Audiotube.
Billed as the "home of independent music," Audiotube underwent a re-launch in September this year and recently inked a deal with mobile phone manufacturer Nokia, which will see the digital platform become the choice music video application on Nokia handsets. Full story on Billboard and Merlin over here
Billboard also reports on the ongoing RIAA battle with Limewire here
What is the Latest with Warner Music and EMI?
The Guardian newspaper reports the latest development in the ongoing story of EMI’s financial problems is that Warner Music is planning to make a $750 million bid to buy EMI’s recorded music division. Terra Firma boss Guy Hands bought EMI three years ago for 2.8 million pounds, using funds borrowed from the Citigroup bank.
Neither Guy Hands nor EMI CEO Roger Faxton wants to sell EMI (the latter circulating this memo to staff) but despite this it is possible they may be forced to sell by Citigroup. A more detailed article outlining the story can be read on the Guardian website
Warner music reported revenue of quarterly revenue of $752 million, which was down 13% on the last quarter, however digital music sales wre up by 7%. Warner Music Group CEO Edgar Bronfman Jr also made some interesting comments on Spotify, Google but not on EMI
iTunes and the Beatles
Apple’s iTunes have announced they have added the Beatles to their catalog. There was much speculation about the announcement, many thinking it might be about a rumored cloud based service. Here is a bit of a back story on the Beatles acquisition.
This is a list of the top six bands still not yet on iTunes
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