1. Spanish collection society SGAE booted out from global body CISAC
Music Business Worldwide reported that after a vote by the General Assembly of CISAC, the International Confederation of Societies of Authors and Composers, Spanish collection society, SGAE, has been banned from the global pro body for a year. It was sanctioned after complaints by publishers of ‘discriminatory treatment of rightsholders and unfair practices relating to the distribution of royalties’.
2. Sofar Sounds secures US$25 million funding round
Sofar Sounds, the ‘secret gig’ platform that puts on events in ‘unusual, spontaneous places’ announcing locations at the last minute, has just secured a US$25 million funding round. Read more on IQ Mag.
3. Live Nation launches global sustainablity coalition Green Nation
Live Nation Entertainment has set new ‘green’ goals as part of its Green Nation global sustainability coalition. Live Nation Entertainment said they are ‘committing to new environmental goals for all Live Nation owned and operated venues, clubs, theaters and festivals, with the primary targets of reducing greenhouse gas emissions by 50% by 2030, and ending the sale of single-use plastics at all owned and operated venues and festivals by 2021.’
4. PRS revamps Major Live Concert Service
Music Week reported that PRS for Music has revamped its Major Live Concert Service under new brand MLCS. ‘In addition to new technological solutions and streamlined processes, the service will also feature fixed payment terms and further reduced administration fees’.
5. Debbie Harry to release autobiography Face It
Debbie Harry, best known for her work in Blondie, is due to release an autobiography, Face It. Read more on Gig Wise.