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Music licensing is the licensed use of copyrighted music. [1] Music licensing is intended to ensure that the owners of copyrights on musical works are compensated for certain uses of their work. A purchaser has limited rights to use the work without a separate agreement.
In December 2021, Bruce Springsteen sold both his master recordings and publishing rights to Sony Music in a deal worth north of $500 million, according to multiple outlets.
Hipgnosis, started by CEO Mark Mercuriadis and Chic frontman Nile Rodgers in 2018, shook up the music industry with an ambitious plan to buy famous artists’ back catalogs and sell the royalty ...
Justin Bieber is reportedly close to finalizing a $200 million deal to sell his music rights. According to The Wall Street Journal, Bieber is in negotiations with Hipgnosis Songs Capital, a ...
In 2023, The Guardian opined that "a revolution is brewing in the music business", witnessing a new generation of female artists, such as Zara Larsson, Dua Lipa, and Rina Sawayama, following Swift's precedence to acquire ownership of their music rights and maintaining a defiant attitude towards forfeiting all rights to the music label. [186]
Recording time, manufacturing, packaging, photos, distribution, marketing, and music videos are just some of the areas where the label must spend money on an act it has signed. The label usually absorbs these expenses, but in some artists' contracts, some of this money may be due back to the label, unless otherwise worded.