Category: Insights
-
Unstoppable Beats: 2023 Sets New Records as Global Music Streams Surpass One Trillion, Defying Expectations and Ushering in a Year of Epic Proportions!
In an awe-inspiring revelation from Luminate (formerly P-MRC Data), it has been unveiled that despite early signs of streaming subscriber and revenue growth stabilizing, the music-consumption volume has skyrocketed to unprecedented heights in 2023’s first quarter. Brace yourself for this mind-blowing data point: global music streams have shattered the one trillion mark, sending shockwaves through…
-
Is ChatGPT a Job Killer? Goldman Sachs Warns of 300 Million Job Losses Globally
In the wake of the latest technological innovations, the age-old question of job loss due to automation has resurfaced. And with the advent of sophisticated large language models like neural networks such as ChatGPT, concerns are beginning to mount. According to Goldman Sachs economists Joseph Briggs and Devesh Kodnani, around 300 million full-time jobs worldwide…
-
Expand Your Company’s Reach Globally with Sync Licensing Music
This article discusses the benefits of sync licensing music for corporate media managers looking to reach a global audience. By using established music in media productions, companies can build brand recognition, target specific demographics, and create emotional connections with their audience. Working with experienced sync licensing agencies can help navigate the licensing process and find…
-
Sync Licensing Music for Advertising Campaigns: Dos and Don’ts
“Sync licensing music for advertising campaigns can be a powerful tool, but it’s important to work with a reputable agency, obtain all necessary licenses, and choose music that aligns with your brand’s values. Avoid using unlicensed music and overlooking copyright law.
-
Doubtful about grabbing music off the internet for your creative projects?
Understanding the importance of sync licensing in the music industry is essential for creatives. As a creative professional, it is important to secure the right music licensing for your projects to avoid any legal issues and ensure that you have the freedom to use the music in the way that you want.
-
The Next Big Thing in Your Company’s Media: Sync & Share
“Sync and Share” is a business model that allows for the non-exclusive sync-licensing of original music compositions, enabling the music to be used in a variety of media productions such as films, television shows, commercials, and video games.
-
Micro Licensing can be used by Content Creators
If you are a content creator looking for music licensing options, you may have heard of microlicensing. In the world of music licensing, microlicensing is a newer option that offers several advantages over traditional licensing. It is more flexible, affordable, and allows you to stay up-to-date with the latest music trends and use a wider…
-
Navigating Music Licensing for Virtual Reality Team Building Activities
VR can be used to create immersive and engaging experiences that promote communication, collaboration, and problem-solving among team members.
-
What are the tax implications of income from music royalties for your company?
So, can your company claim tax deductions for income from music royalties? The short answer is yes. Income from music royalties is considered taxable income and can be claimed as a tax deduction, just like any other form of income. However, there are some specific rules and regulations that apply to income from music royalties,…
-
Why Sync Licensing is a Key Revenue Stream for Business
Obtaining permission to incorporate a piece of music into a film, television show, video game, or any other form of media is known as sync licensing.