Songwriters fear 35% royalty drop in 2020
Nov 02, 2020, 07:00 AM
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including global collecting society grouping CISAC's positive revenue stats for 2019 and very gloomy predictions for 2020, and the news that Harry Styles has invested in a new arena venue in Manchester.
SECTION TIMES
01: CISAC figures (00:04:45)
02: Harry Styles (00:20:16)
(Timings may be slightly different due to adverts)
STORIES DISCUSSED THIS WEEK
• Song right societies saw collections grow 8.4% in 2019, but fear a 35% drop in 2020 due to COVID
• Harry Styles invests in new Manchester arena Co-op Live
SECTION TIMES
01: CISAC figures (00:04:45)
02: Harry Styles (00:20:16)
(Timings may be slightly different due to adverts)
STORIES DISCUSSED THIS WEEK
• Song right societies saw collections grow 8.4% in 2019, but fear a 35% drop in 2020 due to COVID
• Harry Styles invests in new Manchester arena Co-op Live