Exploration Audio Newsletter -April 9, 2021

Indian major label T-Series and Indian copyright collection organization, IPRS, has inked a deal to work together, marking a “watershed moment in the Indian music industry.” T-Series is the largest music label in India and the biggest YouTube channel in the world, boasting a catalog of over 200,000 titles and 178 million subscribers. IPRS says the addition will enhance music publishing operations as well as make doing business easier for numerous music licensees.

The RIAA announced in a newly released 2020 report that Latin music’s total US revenues rose 19%, more than double the 9.2% registered for the overall music industry. This drives Latin music’s total percentage of the market up from 5% in 2019 to 5.4% in 2020. The growth was largely driven by streaming revenues, rising by 20% and now making up 96% of total Latin music revenues.

The MLC recently posted a press release seeking suggestions for a music publisher representative to fill an open seat on its Operations Advisory Committee. According to the Music Modernization Act (MMA), the Operations Advisory Committee “makes recommendations to the Board concerning the operations of the Collective, including the efficient investment in and deployment of information technology and data resources.” Suggestions should be made no later than May 8, 2021.

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