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From Ed Sheeran’s copyright win to Grammys viewership stats, it’s MBW’s Weekly Round-Up

Welcome to Music Business Worldwide’s weekly roundup – in which we’re making sure you catch the five biggest stories to make our headlines over the past seven days. MBW’s synopsis is powered by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce touring costs.


One of the biggest stories to hit our site this week came from the UK, where superstar artist Ed Sheeran won a copyright lawsuit over alleged infringement of his hit song. shape of you.

A British artist called Sami Chokri (aka Sami Switch) claimed Sheeran copied his own song Oh why to donate shape of you, which Sheeran wrote with Snow Patrol’s Johnny McDaid and producer Steve Mac.

Judge Antony Zacaroli concluded that Sheeran and his associates “neither intentionally nor unknowingly” copied Chokri’s song.

In an Instagram post released after the ruling, Sheeran said that “baseless” copyright claims are “harming the songwriting industry.”

Elsewhere, according to Nielsen data only 2.24% of 18-49 year old television viewers in the US tuned in to the 2022 Grammys on Sunday.

That percentage was actually easy Low to the 2.28% of that demographic who watched the Grammys show in the previous year.

(For explanation, Nielsen gave the 2022 Grammys a “rating” of 2.24 for an 18- to 49-year-old audience; this “rating” represents the percentage of all US adult television viewers in that age range who have seen the show .)

In other words, almost 98% of 18- to 49-year-olds in the States just didn’t see the Grammys on Sunday.

Also this week, Bloomberg reported that Concord was seeking an “extraordinary plus” takeover bid in the region of $6 billion.

Sources speaking to the publication indicated that to date, Concord has turned down $4.5 billion and $5 billion in takeover bids.

In addition, BMG entered into a global publishing agreement with the George Harrison Estate to manage the Harrisongs catalog while Ingrooves received a patent for new music marketing technology.

Here’s what happened in the music business this week…


Ed Sheeran

1) ED SHEERAN WINS UK COPYRIGHT SUIT

Ed Sheeran has filed a lawsuit in the UK alleging infringement of his single Shape of You.

The case was brought against Sheeran by a British artist named Sami Chokri (aka Sami Switch), who claimed that Sheeeran stole his 2015 song “Oh Why”.

The verdict was handed down in a British Supreme Court on Wednesday (April 6) in favor of Sheeran…


2) AGAIN AGAIN, ALMOST 98% OF 18-49 YEAR OLDS IN THE US DID NOT WATCH THE GRAMMYS ON SUNDAY

The televised portion of the 64th Grammys, held in Vegas on Sunday (April 3), was watched by 9.59 million viewers across the US on the big night.

That’s according to the latest figures from Nielsen, which, in addition to viewers from home, includes everyone who watched the show live on TV via CBS and/or streaming platforms like Paramount+.

(Previous figures from Nielsen, which left out out-of-home viewers, suggested the show had an audience of 8.93 million.)

Nielsen’s viewership of 9.59 million, according to the Hollywood Reporter, was 3.9% higher than last year’s viewership (9.23 million).

But the most damning statistic for the Grammys was, once again, their appeal to younger viewers…


Concord Music logo

3) CONCORD REFUSES $5 BILLION BUYOUT OFFER, BLOOMBERG SOURCES RECOMMEND

There have long been rumors that Concord is exploring the possibility of a $4 billion sale.

According to Bloomberg, that’s true, but the company has been looking for an “extraordinary plus” offer in the region of $6 billion.

In fact, sources speaking to Bloomberg’s Lucas Shaw suggest that Concord has turned down $4.5 billion and $5 billion in takeover bids to date.

Concord is majority owned by Michigan Retirement Systems…


4) BMG REPRESENTS GEORGE HARRISON PUBLISHING CATALOG VIA GLOBAL DEAL

BMG has entered into a worldwide publishing agreement with the George Harrison Estate to manage the Harrisongs catalogue.

The catalog features more than 200 songs written by George Harrison with The Beatles, The Traveling Wilburys and for the artist’s solo career. The catalog was previously managed by Concord.

The BMG deal expands the company’s relationship with Harrison’s music company Dark Horse Records, with BMG acting as a global recording, music publishing and merchandising partner while expanding into additional business…


5) INGROOVES HAS NOW WON A PATENT FOR NEW MUSIC MARKETING TECHNOLOGY THAT HAS PLAN TO “DRIVE STREAMS AT ALMOST TWICE THE RATE OF TRADITIONAL METHODS”

Two years ago, Ingrooves Music Group received a patent for an impressive AI-driven music marketing technology.

Since then, the Universal Music Group-owned company has been working behind the scenes to further develop its marketing technology and has just received another US patent (which you can see in full here).

Ingrooves’ new patented technology powers its proprietary Smart Audience advertising solution, capable of identifying “high quality” streaming audiences for an artist/label based on users’ listening behavior…


MBW’s Weekly Round-Up is powered by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce touring costs.music business worldwide

https://www.musicbusinessworldwide.com/from-ed-sheerans-legal-victory-to-the-grammys-viewer-stats-its-mbws-weekly-round-up/ From Ed Sheeran’s copyright win to Grammys viewership stats, it’s MBW’s Weekly Round-Up

Fry Electronics Team

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