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Setlist

Business & Economics Podcasts

SETLIST is the music business podcast from CMU

Location:

London, United Kingdom

Description:

SETLIST is the music business podcast from CMU

Twitter:

@cmu

Language:

English

Contact:

+442080999050


Episodes

When arts funding and politics collide

2/16/2024
On this week's show we discuss questions and potential legal action over the politicisation of arts funding, as Kneecap are denied money by the British government and Arts Council England issues new guidance for anyone thinking of being controversial, plus the legal battle over royalties currently brewing between MLC and Pandora, and more. SECTION TIMES 01: Arts funding (00:04:23) 02: News in brief (00:14:54) 03: MLC v Pandora (00:16:46) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • UK Business Secretary Kemi Badenoch’s decision to block MEGS funding for Kneecap “unlawful” says band as it prepares legal action • Arts Council says free speech and controversy is fine, but please follow a detailed risk assessment first • MLC sues Pandora over unpaid royalties NEWS IN BRIEF • Tributes pour in as BBC radio presenter Steve Wright dies • Musicians' Union reluctantly reaches deal with English National Opera over orchestra cutbacks • NTIA says nightlife faces cultural crisis after 400 club closures since 2020 • As another grassroots venue closes, MVT renews calls for a ticket levy ALSO MENTIONED • Music industry welcomes German ruling holding TikTok liable for unlicensed content

Duration:00:23:11

AI developments cause celebration and concern

2/9/2024
On this week's show we discuss new developments on AI in the EU and UK that have given the music industry cause for both celebration and concern, and the commercial radio industry's anger as BBC Radio looks to give music fans more choice. SECTION TIMES 01: AI regulation (00:05:24) 02: News in brief (00:15:52) 03: BBC Radio (00:19:11) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Music industry welcomes EU member states agreeing AI Act • Planned UK code of practice on copyright and AI shelved • Government needs to "urgently reconsider" approach to copyright and AI, says culture committee Chair • Commercial radio sector calls on OfCom to block BBC's plans for four new radio stations NEWS IN BRIEF • Spotify CEO slams Apple in earnings calls and hints at more job cuts • Warner Music’s Kyncl goes big on importance of major labels and data, says he is confident UMG TikTok dispute will be resolved • Michelle Jubelirer stands down as Capitol CEO as Universal Music restructure goes into effect • Indie labels say Apple's new payment model will take money from their artists to benefit the majors • Megan Thee Stallion marks “beginning of a new chapter” with Warner deal ALSO MENTIONED • Music mogul Irving Azoff and Apple exec Eddy Cue build their ultimate golf course (Golf Digest) • And Finally! Irving Azoff and Eddy Cue’s new golf course is open for business. And no, you can’t join

Duration:00:26:31

Universal and TikTok accuse each other of “bullying” and “greed”

2/2/2024
On this week's show we discuss Universal and TikTok’s big bust up that has seen the major label’s music removed from the social network, the damning report on the “boys’ club” music industry and how it holds women back, and more. SECTION TIMES 01: UMG v TikTok (00:02:49) 02: News in brief (00:13:57) 03: Misogyny In Music report (00:17:20) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Universal Music is going to war with TikTok, accusing the social media giant of bullying and intimidation • TikTok accuses Universal of “greed” and “false narrative”, begins removing tracks • Misogyny remains “endemic” in “boys’ club” music industry says UK parliamentary report NEWS IN BRIEF • Lords committee calls on government to clarify copyright obligations of AI companies • 71% of music creators fear multi-billion dollar music AI business could stop songwriters from earning a living, says new report • Music industry celebrates YouTube passing 100 million premium subscribers • UK government publishes new UK streaming transparency code ALSO MENTIONED • RIAA welcomes US government's latest piracy reports, but urges a "close look" at voice cloning sites • Read the full 'Misogyny In Music' report • The F-List’s Vick Bain on UK Parliament’s Misogyny In Music report and the industry’s next steps

Duration:00:23:12

Apple Music’s “spatial audio bonus” favours major labels

1/26/2024
On this week's show we discuss how Apple Music's "spatial audio bonus" will benefit major labels to the detriment of independent labels and creators, the report finding that on average two grassroots music venues per week closed down in the UK in 2023, and more. SECTION TIMES 01: Apple Music (00:04:23) 02: News in brief (00:11:43) 03: Music Venue Trust report (00:14:26) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Apple Music’s “spatial audio bonus” will favour major labels at the expense of small labels and creators • Two grassroots venues close down every week, according to new report from Music Venue Trust NEWS IN BRIEF • Madonna and Live Nation will "vigorously" defend late show start lawsuit • American musicians' union begins talks over AI and streaming with the Hollywood studios • Spotify uses EU Digital Market Act blog post to take potshots at Apple, announces superfan clubs • Publishers hit back at Anthropic's claim that AI copyright cases should be filed in "its Silicon Valley backyard" • Hipgnosis Song Management “cherry picked assets” for proposed sale to Blackstone says latest briefing from Hipgnosis Songs Fund ALSO MENTIONED • BRIT Awards nominations finally balance gender, genre and independence • MVT Annual Report

Duration:00:18:51

The new certification for “respectful” AI companies

1/19/2024
On this week's show we discuss the new certification for "respectful" generative AI companies that get permission before training their models on copyrighted content, redundancies at Pitchfork as its team is merged with men's magazine GQ, and more. SECTION TIMES 01: AI certification (00:05:15) 02: News in brief (00:15:16) 03: Pitchfork (00:18:29) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Former Stability exec Ed Newton Rex launches Fairly Trained AI certification • Job cuts at Pitchfork as its team is merged in with GQ NEWS IN BRIEF • Council Of Music Makers sets out its five key priorities ahead of ministerial review of economics of streaming work • Council Of Music Makers memo • UK’s IPO to look at neighbouring rights and reciprocal payments to foreign performers • UK's largest nightclub operator heading into administration • Universal Music to lay off hundreds says Bloomberg: company responds and says it will create “efficiencies” • Apple changes App Store rules following Supreme Court announcement, but Epic vows more legal action • Spotify hits out at Apple's "outrageous" new App Store rules ALSO MENTIONED • Music data white paper

Duration:00:22:55

Major label bosses put the spotlight on superfans

1/12/2024
On this week's show we discuss the start-of-year memos from the bosses of Universal Music and Warner Music, both of whom put the spotlight in super-serving superfans, plus the ASA ruling against Viagogo's advertorial pieces in the NME, and lots of stats about the music market in 2023. SECTION TIMES 01: New year memos (00:04:45) 02: News in brief (00:18:37) 03: Viagogo (00:25:01) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Universal “most successful company in the history of the music industry” hoots Grainge in 2024 memo • Lucian Grainge's 2024 memo to Universal Music Group staff • Warner Music boss talks streaming model and super-fans in start-of-year memo • UK’s Advertising Standards Authority raps Viagogo over NME paid editorial NEWS IN BRIEF • Vinyl sales grow, cassettes slump; streaming now 87.7% of UK music consumption • UK music retail brought in £2.2 billion in 2023 says ERA • India’s streaming growth explodes to hit over one trillion streams, Gen Z pull back on streaming subscription spend ALSO MENTIONED • Music industry welcomes proposed new laws to help performers protect their voices and likeness from AI clones • Artificial Intelligence and the music industry in 2023 • CMU's 2024 Masterclass Sessions • Sony Music chief talks streaming, short-form, gaming and AI in investor presentation (May 2023)

Duration:00:30:43

Spotify’s about-turn on threats to quit Uruguay

12/15/2023
On this week's show we discuss Spotify’s change of heart on shutting down in Uruguay, the latest easyJet lawsuit against a musician - this time PC Music-signed producer Easyfun - and more. SECTION TIMES 01: Spotify (00:04:45) 02: News in brief (00:13:37) 03: Easyfun (00:18:29) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Spotify won't exit Uruguay following clarification to new ER rule in copyright • easyGroup sues PC Music producer Easyfun NEWS IN BRIEF • Music consumption at an all time high, IFPI reports, though "unlicensed music is still an issue" • Music industry cautiously welcomes outcome of last week's EU AI Act talks • European Commission set to force changes to Apple's rules around in-app payments • Hipgnosis Songs Fund confirms sale of catalogue of "non-core songs" • Vinyl sales of two 1980s classics may decide who is Christmas number one in 2023 ALSO MENTIONED • Taylor Swift's record breaking tour topped a billion dollars

Duration:00:23:19

Grassroots venues need ticket levy to survive

12/8/2023
On this week's show we look at calls for government support for the grassroots live music industry following the closure of music venue Moles and the announcement that the Nozstock festival will shut down after its 2024 edition, plus the next evolution of Kiss as superhero holograms. SECTION TIMES 01: Grassroots live music (00:03:13) 02: News in brief (00:10:44) 03: Kiss (00:14:53) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Music Venue Trust calls for law forcing live industry support for grassroots venues, as Bath Moles closes after 45 years • Nozstock festival to end after 2024 edition, prompting new call for government support for festival sector • Kiss preview new avatar show at final human performance NEWS IN BRIEF • Spotify confirms the cost of its dramatic downsizing, cancels two in-house podcasts • Indie labels suggest delaying Spotify’s royalty payout revamp to allow proper consultation • CISAC President Björn Ulvaeus calls on EU to keep clear transparency obligations in AI Act • Record industry tells US Copyright Office training AI with existing music is “rarely, if ever, fair use” • BBC Sound Of 2024 longlist revealed ALSO MENTIONED • Blackpink renew deal with YG, but uncertainty over group’s future remains • IMPALA’s questions for Spotify over the changes it is making to its model

Duration:00:20:33

Sony Music tells US politicians to act on AI loopholes

12/1/2023
On this week's show we have a good old chat about Sony Music exec Dennis Kooker's call for a US-wide publicity right through which artists can protect their voices and identity in order to stop the unauthorised cloning of their vocals by AI, plus the big bust up between Hall & Oates over “the ultimate partnership betrayal” and more. SECTION TIMES 01: AI loopholes (00:06:54) 02: News in brief (00:16:53) 03: Hall & Oates (00:20:14) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Sony Music digital chief asks Congress to close “legal loopholes” to ensure artists can stop authorised AI voice clones • Hall & Oates both make court filing as the legal dispute over their joint venture company continues NEWS IN BRIEF • Shane MacGowan dies • UK government pauses the blocking of the proposed London MSG Sphere - even though MSG has given up on the plan • BMG announces restructure to “future proof” the business • European Parliament committee calls for new EU rules to regulate streaming • Caity Baser, The Last Dinner Party and Sekou named BRITs Rising Stars ALSO MENTIONED • Spotify unwraps Wrapped - assigns everyone a Sound Town

Duration:00:24:54

Spotify insists royalty changes will help emerging artists

11/24/2023
On this week's show we've got a big round-up of Spotify news, in particular the company's confirmation of changes to the way it pays out (or doesn't pay out) royalties. We also discuss plans for an MSG Sphere venue like the one recently opened in Las Vegas being bounced out of London. Oh, and we've spruced up the format of the show a little, including the introduction of a news in brief section to bring you even more music industry news. SECTION TIMES 01: Spotify (00:03:30) 02: News in brief (00:16:37) 03: MSG Sphere (00:20:35) (Timings may be slightly different due to adverts) THIS WEEK'S MAIN STORIES • Spotify confirms changes to its payment process - including the 1000 plays a year threshold • Specifics of Spotify’s deal with Google on in-app payments revealed in Epic court case • Spotify says it will exit Uruguay next year because of new performer ER right in copyright law • London mayor blocks MSG’s grand plan to build a Sphere venue next to the Olympic Park NEWS IN BRIEF • BMI confirms deal to sell to New Mountain Capital • US Senate committee subpoenas Live Nation to access documents for its investigation into “abusive consumer practices” • Council Of Music Makers criticises lack of music-maker representation at government roundtable on AI and the creative industries • Shakira strikes deal with Spanish prosecutors to avoid €14.5m tax fraud trial • LadBaby bow out of Christmas number one race ALSO MENTIONED • Monkey Week • O. - ATM

Duration:00:25:44

Stability AI exec resigns over fair use claim

11/17/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, the resignation of Stability AI's VP Of Audio Ed Newton-Rex over the tech company's position that the training of generative AI models constitutes fair use under American copyright law, and YouTube’s plans to get AI generated clones both off and onto its platform. SECTION TIMES 01: Stability AI (00:06:04) 02: YouTube (00:14:08) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Stability AI's VP Of Audio resigns over its position that training AI with copyright works is 'fair use' • YouTube to allow labels to remove AI-generated voice clones • YouTube begins piloting voice cloning tool to provide AI-generated vocals for creator videos ALSO MENTIONED • Edith Piaf to narrate her own life story through AI

Duration:00:24:40

Competition law concerns over Spotify’s royalty plans

11/10/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, competition law expert (as well as musician and label owner) Amelia Fletcher's letter to Spotify boss Daniel Ek about the streaming service's plan for a two-tier royalty system, and the rickrolling takedown battle between two stream-ripping platforms. SECTION TIMES 01: Spotify (00:04:27) 02: Stream-ripping (00:19:56) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Spotify two-tier payment “discriminatory and exploitative” says competition law expert • Stream-ripper gets court order to identify who is behind rick-rolling Google takedown notices ALSO MENTIONED • Music industry contributes £6.7 billion GVA to British economy • Download the UK Music This Is Music 2023 report • Amelia Fletcher's full letter to Daniel Ek

Duration:00:26:09

Tech companies say fair use trumps copyright in AI

11/3/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, big tech companies' insistence that training AI on existing content constitutes fair use under US copyright law, and the Grammy Awards' insistence that Christians do not swear. SECTION TIMES 01: AI fair use (00:03:55) 02: Grammy Awards (00:15:02) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Tech companies insist training AI models with existing content is fair use in Copyright Office submissions • There is no swearing in Christian music, says Grammys ALSO MENTIONED • Eminem launches Mom's Spaghetti pasta sauce

Duration:00:22:23

Spotify plots changes to the way it pays out royalties

10/27/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, Spotify's plans to change the way it allocates revenues to individual tracks and catalogues each month, and the confirmation that digital is now the biggest driver of revenue for the song rights collecting societies. SECTION TIMES 01: Spotify (00:04:35) 02: CISAC (00:18:27) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Spotify also in talks with industry to change track allocation process • Digital now biggest revenue generator for song right collecting societies, CISAC confirms ALSO MENTIONED • Hipgnosis vote shock: 83.2% of shareholders vote against continuation • Read CISAC's Global Collections Report 2023

Duration:00:28:08

Managers criticise Universal's Pandora royalty switch

10/20/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, artist managers criticise Universal Music over a change it made to the way it pays Pandora royalties to artists, and new Bandcamp owner Songtradr making 50% of the direct-to-fan platform's staff redundant. PLEASE NOTE: This episode was recorded before the settlement between Megan Thee Stallion and her former label 1501 Certified Entertainment was announced. SECTION TIMES 01: Universal (00:05:13) 02: Bandcamp (00:21:35) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Universal Music criticised over unannounced change to Pandora payments • Half of Bandcamp’s staff made redundant as Songtradr acquisition is completed ALSO MENTIONED • Megan Thee Stallion has "no label right now" and that's how she wants it

Duration:00:30:26

Easy Life agree to change their name for an easyLife

10/14/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, British band Easy Life agree to change their name following legal action from owner of the easyJet airline easyGroup, and Coldplay’s ongoing legal battle with their former manager Dave Holmes. SECTION TIMES 01: Easy Life (00:05:32) 02: Coldplay (00:20:08) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Easy Life concede defeat in EasyGroup battle, will change name • Coldplay countersue former manager Dave Holmes in £14 million lawsuit

Duration:00:29:27

Musicians and songwriters draw AI red lines

9/25/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, the call for "consent, respect and remuneration" to be central to the development of music AI platforms and tools, and the RIAA’s latest stats on US recorded music revenues. SECTION TIMES 01: AI red lines (00:03:18) 02: RIAA (00:20:41) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • "Consent, respect and remuneration" crucial as music AI evolves, say UK music-makers • BPI boss responds to the five AI fundamentals published by the Council Of Music Makers • Premium streaming and vinyl continue to power growth in US recorded music market ALSO MENTIONED • AMG allowed to re-open Brixton Academy subject to meeting 77 conditions You can read a full transcript of this episode on our website here.

Duration:00:26:54

The call for a UK ticket touting ban

9/18/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including a call from the FanFair Alliance campaign group against ticket touting for the introduction of legislation to ban the for-profit resale of tickets in the UK, and criticism of Deezer’s new proposals for ‘artist-centric’ royalty payments. SECTION TIMES 01: Ticket resale (00:04:13) 02: Deezer (00:11:41) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • FanFair Alliance calls for ban of for-profit ticket touting in the UK • Believe criticises ‘reverse Robin Hood’ elements of Deezer's new artist-centric model for payments ALSO MENTIONED • MMF publishes AI guide • Download the MMF AI guide • The revenue politics of streaming - Chris's session at the Reeperbahn conference, Friday 22 Sep, 12.30pm • Silvia Montello speaking about user-centric royalties on Setlist

Duration:00:22:21

Is Deezer’s new streaming model really artist-centric?

9/11/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including Deezer’s announcement that it is making changes to the way it allocates revenues to tracks later this year, and claims that organised criminals are using streaming services to launder money. SECTION TIMES 01: Deezer (00:04:22) 02: Streaming fraud (00:18:58) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Deezer set to roll out Universal Music endorsed "artist centric" model to royalty payments in France next month • Swedish tabloid alleges streaming fraud organised crime gang link • Key stakeholders say industry has shared responsibility to tackle crime links to streaming fraud ALSO MENTIONED • Ezra Collective become first ever jazz band to win Mercury Prize

Duration:00:31:57

The looming decision on Brixton Academy’s future

9/4/2023
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including the newly announced licensing hearing to decide the future of London’s Brixton Academy venue nine months after it was closed down when two people were killed in a crowd crush incident, plus Eminem’s battle with US presidential hopeful Vivek Ramaswamy. SECTION TIMES 01: Brixton Academy (00:05:33) 02: Eminem (00:11:48) (Timings may be slightly different due to adverts) STORIES DISCUSSED THIS WEEK • Lambeth Council to consider future of Brixton Academy at two day hearing this month • Eminem tells Republican presidential hopeful Vivek Ramaswamy to stop using his music ALSO MENTIONED • ASCAP takes advantage of growing controversy over imminent BMI sale MORE FROM CMU • Upcoming CMU webinars • Buy MMF and CMU Insights’ Dissecting The Digital Dollar book on Amazon • Sign up to receive the CMU Daily news bulletin • Listen to the full Setlist theme tune

Duration:00:24:42