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Breakaway, the company behind the touring dance event Breakaway Music Festival, is launching a label and management division focused on emerging artists called Breakaway Projects. The first wave of signees to the label, which is partnered with The Orchard for distribution, includes a fresh collection of electronic producers such as Surf Mesa, Jaded, Evan Giia, […]
“The middle class is growing, and it’s only going to accelerate with AI,” says Laurent Hubert, CEO of Kobalt. It’s a sentiment that’s widely held in the music industry today and one that’s backed by hard data. According to Luminate’s Midyear Music Report for 2024, the number of mid-tier artists — those earning between 1 million and 10 million on-demand audio streams — grew to 29,253, a 5.1% increase from the first half of 2023 to the first half of 2024. That number is set to grow even more in the coming year.
Though the recorded music sector has already moved fast to capture the value amassed by these middle-classers by creating or acquiring distribution and artist services companies, the publishing industry has yet to do the same. Currently, there are DIY songwriter administration services, like Songtrust and Sentric, that automate practically all services and are open for anyone to sign up for a one-year minimum term; and traditional music publishers — like the majors, Kobalt and other indies — that selectively offer advances and sometimes take a piece of copyright ownership in exchange.
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But as Jacob Paul, director of creative strategy at Kobalt, stresses, “there’s a lot of people in-between. The middle class is growing year on year, and yet this community is still locked out of publishing earnings because publishing is so complicated.” Enter: KOSIGN, Kobalt’s new platform targeting the creator middle class. Whether it’s an anti-establishment-minded songwriter who wants to be independent forever, a fast-rising singer-songwriter who wants to hold for another year before signing a traditional deal, or a seasoned vet who needs a place to collect their royalties in between publishers, KOSIGN promises to be a high-tech, transparent solution for those with about $5,000 or more to collect. It’s not for the “long, long tail” says Paul, but it’s not just for bankable stars either.
There’s no advance, but there are also no strings attached. A KOSIGN agreement operates on a rolling quarterly basis, can be used on a partial or full catalog, and features an 80% writer/20% publisher royalty split. And some KOSIGN writers will have the ability to upstream to Kobalt if desired.
For the Kobalt team, it feels like a win-win. With KOSIGN, “underserved artists,” as Jeanette Perez, president/CCO, puts it, have the ability to collect royalties that are nearly impossible to collect without a publishing partner, while Kobalt captures value from middle-class talent and forges bonds with tomorrow’s stars before its competitors are even looking. “We’ve found the market is chomping at the bit for this type of solution,” says Paul. “The inbound interest for KOSIGN is already incredible.”
What sparked the idea for KOSIGN?
HUBERT: We looked at the market and what we’ve seen in recorded music is that there was a large market [of up-and-coming artists] that was being serviced by distribution companies but there was no equivalent on the publishing side. We saw an opportunity to target an underserved market, and it is one that is also growing. We believe that AI will also flex that. We said that we have to be in this space. We have the capabilities from what we’ve built over the last 20 years. We have a best-in-class platform, and the idea was to… provide that service to a market that deserves [more help.]
Kobalt was the original home of AWAL, one of the biggest success stories in the artist services/distribution market today and now home to talent like Laufey, Jungle, Djo and more. In 2021, Kobalt sold AWAL to Sony Music. What did you learn from building AWAL that could apply to KOSIGN, which also targets a similar demographic of music creators?
HUBERT: What was interesting with AWAL is we really designed this not as a label service business but as an artist service business, so really focusing on the need of the creator. In that particular case, it was the artist. With KOSIGN, it’s the writer. We learned from AWAL that we had to find a path to minimize friction, and also, we needed to learn how to speak to that audience. It’s a different audience than your traditional one.
PEREZ: One of the theses behind AWAL, even back then, was this growing middle class of artists. That has just held through year after year. That is something else that we ported into the thesis for KOSIGN. The other important thing then and now is the idea that you can give artists flexibility.
It seems that the recorded music side of the industry has gone all-in on companies like AWAL — the artist service companies — since that flexibility is what many middle-class or rising artists want. To date, there has not been a good equivalent on the publishing side. Why do you think that is?
PAUL: The advantage Kobalt has had is that we’ve always been a service company. We’ve always been oriented that way. Because when we first launched, even 25 years ago, we weren’t launching on a model of copyright acquisition. I think traditionally, the publishing industry was predicated on the idea of acquiring copyrights and not necessarily the idea of servicing, but for Kobalt, even at its first founding, we started with the idea that we’d have admin deals, and we’re gonna have three-year terms.
At Kobalt, every three years, we have to re-earn [our writers’] trust so that they stay here. We’re not 50% owners of their copyrights. So I think Kobalt already had the service orientation, and I think that’s what helped us to view this middle market as a group to be serviced and not a group to merely be acquired.
PEREZ: Scaling a publishing platform is much more challenging than scaling a recorded music distribution platform. The number of sources you have to collect from on the publishing side is tenfold what you have to collect from on the recorded music side. You have to have an infrastructure and a foundation to then unlock that.
HUBERT: The challenge is that we have to manage the complexity [of publishing collections] in a way that still works on a pure unit economics as you go down the deal curve. We’ve been able to do that. It requires enormous amounts of resources.
There are some options on the market for DIY songwriters today, including Songtrust and Sentric, but unlike KOSIGN, these companies are open to all and really target the smallest creators. What did you learn from watching those companies develop?
PAUL: One thing that we’ve learned is that being open to everyone and prioritizing openness and volume doesn’t work from a scalable service perspective. That’s never been our interest. That’s a key difference between KOSIGN and others who are in this space. We very much want to be accessible in the sense that it’s extremely easy to apply and to join, you can get going very quickly, but we’re not really interested in touching the long tail where, frankly, there isn’t enough out there to collect to justify a Kobalt level of service. That’s the critical difference. It’s what allows us to not compromise on the level of core admin service that we’re providing.
There’s some other critical differences. One is our infrastructure, which we believe remains best in class. We think that client experience, the actual going-onto-the-portal, and the beauty and simplicity of the [app], is peerless. And then the last thing I would say is that when you look at the publishing terms of service for KOSIGN, we truly think that they’re the most flexible in the industry. Our goal here is to have something that’s not only simple to use and simple to understand but is truly simple from a deal perspective.
How does KOSIGN provide a competitive advantage for Kobalt?
PAUL: We really look forward to seeing KOSIGN as a pipeline for Kobalt in cases where it is right for the artist… KOSIGN allows us to open a door much earlier and much more often. We’re in a landscape creatively where access to the tools to create the next hit are more available than ever, and we see important artist stories and song stories accelerating really quickly these days, and it’s hard to predict where they’re going to come from. KOSIGN allows us to open the funnel.
HUBERT: It also reinforces our core value of empowerment. We created the business over 25 years ago to empower songwriters, and that’s what we’re doing here, in a way that is going down the deal curve but still aligned with our mission.
PAUL: We’re covering really the full life cycle of the songwriter in one ecosystem now. We don’t think other platforms in the space are able to do that the way that Kobalt and KOSIGN can.
Why do you think that none of the majors ever tried to build their own KOSIGN before you?
HUBERT: First, I don’t see that as being core to their strategy. At least there’s no real sign that this is something that they are focusing on. Number two, as we said earlier, you need to have built the proper infrastructure. If you look at many of the measures, they’re still relying on legacy tech stacks. So I think both strategically and operationally, this would present a challenge. It doesn’t mean that they could never get into that space. It would be naive to think that, but also, we have always built a business based on service, not on ownership. This only works when you really do it on a pure service level.
PEREZ: We are, in comparison to other players in the market, a fairly young company. We can still behave as a start-up, which enables us to move very quickly and be nimble. We don’t have 100 years of catalog to bring along.
It sounds like the app is quite transparent, but still, publishing is confusing and a lot of artists and writers don’t understand it. When you’re trying to run a lean, mostly automated service platform, I imagine this will be a point of friction. How do you plan to manage customer service and education for KOSIGN signees?
PAUL: There’s three layers to this. One is to build the platform, which we think we’ve done, and we’ll continue to invest in it. It is so beautiful and simple to use [that] in a way, it explains how publishing works by virtue of its design. Two is our messaging to the marketplace. So not only are we investing in the platform, we’re going to invest in educational materials, and we’re going to invest in content to reach up-and-coming artists and songwriters. Three is that we are really investing in the service aspect [of the] platform. So if you have a question, if you need help on the platform, you can go to a very specific place where you can really quickly get resources that we’re constantly going to be buildingto answer questions. And then if that doesn’t go all the way, you still have access to an admin team.
PEREZ: Again, we get to rely heavily on what we already paid to build out for Kobalt. That’s an advantage. There’s something called Kobalt Knowledge which is hundreds of articles about music publishing and navigating the publishing business. All of that will be immediately available to a KOSIGN client. We aren’t starting at zero.
Members of the British band The 1975 cannot be held personally liable for losses of a Malaysian music festival that was shut down by authorities after lead singer Matty Healy kissed a male bandmate on stage, a London judge ruled Monday.
The organizer of the Good Vibes Festival is seeking 1.9 million pounds ($2.4 million) in losses after Healy criticized the country’s anti-homosexuality laws and then kissed bassist Ross MacDonald at the Kuala Lumpur show in July 2023.
Footage of the kiss sparked a backlash in the predominantly Muslim country, where homosexuality is a crime punishable by up to 20 years in prison and caning. Some LGBTQ+ groups also criticized the band for endangering its community and disrupting the work of activists pushing for change.
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Future Sound Asia sued The 1975 Productions LLP in the High Court over breach of contract and said its four members owed a duty of care. But the band’s lawyer argued that the suit should only target the company — not the musicians.
Judge William Hansen said the claims against the band members were “bad as a matter of law and that there is no good reason why the matter should go to trial.” He allowed the case to proceed against the company, but ordered FSA to pay 100,000 pounds ($126,000) in legal costs.
Band attorney Edmund Cullen had argued the claim was an “illegitimate, artificial and incoherent” attempt “to pin liability on individuals” because FSA only had a contract with the band’s company.
FSA’s attorney Andrew Burns said authorities had initially refused to let the band perform because of reports about Healy’s drug addiction and subsequent recovery. They relented after the band promised he would follow guidelines and regulations, he said.
When the band played the same festival in 2016, they had agreed not to swear, smoke, drink, take off clothes or talk about religion and politics on stage, Burns said.
Burns said the band deliberately provoked Malaysian authorities in 2023 by smuggling a bottle of wine on stage, and through Healy’s “obscene speech” and the kiss. He said the band also performed a “second-rate set of songs” to upset the crowd.
“They could be argued to have been on a frolic of their own rather than simply acting within the course of their ordinary role as LLP members,” Burns said.
The band was supposed to be paid $350,000 (276,000 pounds) for a one-hour set, Burns said.
The show wasn’t the first time Healy made a political statement in the name of LGBTQ+ rights: he kissed a male fan at a 2019 concert in the United Arab Emirates, which outlaws same-sex sexual activity.
After the show in the Malaysian capital, The 1975 canceled its concerts in Taiwan and Jakarta, Indonesia.
The Malaysian government has blacklisted the band.
This article was originally published by the Associated Press.
Mom+Pop Music has become the latest coastal label to open an office in Music City, naming Katie Fagan as president of Mom+Pop Music Nashville.
Fagan was previously head of A&R for Prescription Songs in Nashville for the last eight years and had opened Prescription’s first office outside of Los Angeles.
“I will continue M+P’s legacy by signing tastemaker artists and bands, leaning into the local talent pool in the Americana, folk, alt-country and indie spaces,” Fagan tells Billboard. “While expanding our footprint in Nashville is a priority, we know that these genres span worldwide, and I want to be cognizant of talent within these spaces globally as well. We hope to provide a home to both legacy acts and up-and-comers looking for a strategic creative partnership where we can elevate and uphold the integrity of their artistic vision.”
For now, Mom+Pop Nashville will rely on existing staff in New York and Los Angeles “with the goal of hiring locally when the timing aligns appropriately and strategically,” Fagan says.
“Katie has proven herself an important voice and advocate for creatives in the Americana, folk, and Alt-Country spaces,” said Michael Goldstone, founder of Mom+Pop, in a statement. “No one is better suited to reinforce and grow Mom+Pop’s presence in Nashville and globally as we broaden our industry aesthetic.”
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At Prescription, Fagan, who has been featured on Billboard’s 40 Under 40 and Women in Music lists, worked with a number of acts, including Joy Oladokun, Anderson East, Maggie Rose, Nick Bailey, Sarah Hudson, Malibu Babie and Cirkut, as well as songwriters/producers who landed placements with Lana Del Rey, Chris Stapleton and Noah Kahan, among others.
Fagan is also co-founder of The Other Nashville Society (TONS), which helps promote non-country music in Music City through its 1,500 members; a member of She Is The Music’s songwriting and publishing committee; and a governor of the Recording Academy’s Nashville chapter.
Mom+Pop, which was formed in 2008, includes Caamp, Chaparelle, Del Water Gap, Magdalena Bay and Pablo Pablo on its current roster. The self-distributed label has a staff of 25 with offices in New York, Los Angeles, London and Nashville.
Billy Joel is in a New York and New Jersey state of mind. During his 2025 tour, which kicks off March 15 in Toronto, Joel will play all three New York City-area sports stadiums, making him the first artist to ever play all three in one summer. His impressive feat will come over a month-long […]
Megan Thee Stallion (Megan Pete) and her legal team have been granted permission to depose Tory Lanez (Daystar Peterson) behind bars following a ruling by a federal judge on Monday (Feb. 24). “Plaintiff may take the oral deposition of Daystar Peterson, either remotely via videoconference technology or as otherwise arranged upon agreement with the California […]
Kate Bush, Damon Albarn, Annie Lennox and Hans Zimmer are among the artists who have contributed to a new “silent” album to protest the U.K. government’s stance on artificial intelligence (AI).
The record, titled Is This What We Want?, is “co-written” by more than 1,000 musicians and features recordings of empty studios and performance spaces. In an accompanying statement, the use of silence is said to represent “the impact on artists’ and music professionals’ livelihoods that is expected if the government does not change course.”
The record was organized by Ed Newton-Rex, the founder of Fairly Trained, a non-profit that certifies generative AI companies that respect creators’ rights. The tracklisting to the 12-track LP reads: “The British government must not legalise music theft to benefit AI companies.”
Is This What We Want? is now available on all major streaming platforms.
Also credited as co-writers are performers and songwriters from across the industry, including Billy Ocean, Ed O’Brien, Dan Smith (Bastille), The Clash, Mystery Jets, Jamiroquai, Imogen Heap, Yusuf / Cat Stevens, Riz Ahmed, Tori Amos, James MacMillan and Max Richter. The full list of musicians involved with the record can be viewed at the LP’s official website. All proceeds from the album will be donated to the charity Help Musicians.
Courtesy Photo
The release comes at the close of the British government’s 10-week consultation on how copyrighted content, including music, can lawfully be used by developers to train generative AI models. Initially, the government proposed a data mining exception to copyright law, meaning that AI developers could use copyrighted songs for AI training in instances where artists have not “opted out” of their work being included.
The government report said the “opt out” approach gives rightsholders a greater ability to control and license the use of their content, but it has proved controversial with creators and copyright holders. In March 2024, the 27-nation European Union passed the Artificial Intelligence Act, which requires transparency and accountability from AI developers about training methods and is viewed as more creator-friendly.
Speaking at the beginning of the consultation, Lisa Nandy, the U.K.’s Secretary of State for Culture, Media and Sport, said in a statement: “This government firmly believes that our musicians, writers, artists and other creatives should have the ability to know and control how their content is used by AI firms and be able to seek licensing deals and fair payment. Achieving this, and ensuring legal certainty, will help our creative and AI sectors grow and innovate together in partnership.”
Industry body UK Music said in its most recent report that the music U.K. scene contributed £7.6 billion ($9.6 billion) to the country’s economy, while exports reached £4.6 billion ($5.8 billion).
“The government’s proposal would hand the life’s work of the country’s musicians to AI companies, for free, letting those companies exploit musicians’ work to outcompete them,” said Newton-Rex in a statement on the album release. “It is a plan that would not only be disastrous for musicians, but that is totally unnecessary: the UK can be leaders in AI without throwing our world-leading creative industries under the bus. This album shows that, however the government tries to justify it, musicians themselves are united in their thorough condemnation of this ill-thought-through plan.”
Jo Twist, CEO of the British Phonographic Institution (BPI), added, “The UK’s gold-standard copyright framework is central to the global success of our creative industries. We understand AI’s potential to drive change including greater productivity or improvements to public services, but it is entirely possible to realise this without destroying our status as a creative superpower.”
Speaking to Billboard U.K. in January, alt-pop star Imogen Heap — a co-writer on Is This What We Want? — expanded on her approach to AI. “The thing which makes me nervous is the provenance; there’s all this amazing video, art and poetry being generated by AI as well as music, but you know, creators need to be credited and they need to tell us where they’re training [the data] from.”
Billy McFarland‘s against-all-odds comeback festival has an official ticketing partner, location and new date, but skeptics still have plenty of reasons to doubt the convicted fraudster’s claims that Fyre Fest 2 won’t be a repeat of his 2017 disaster in the Bahamas.
On Monday (Feb. 24), Austin-based secondary ticketing site soldout.com announced an exclusive ticketing partnership with Fyre Festival 2, which the release announced was to be held on Isla Mujeres in Mexico from May 30 to June 2, 2025 (roughly a month later than the previously-announced dates of April 25-28). Isla Mujeres is a popular tourist destination in the Caribbean Sea about a 30-minute ferry ride from Cancun, located in the state of Quintana Roo.
Tickets for Fyre Fest 2 start at $1,400 a piece for a four-day pass (airfare and hotel not included) and go as high as $25,000 for artist passes that include backstage access and overnight stays at one of two high-end hotels on the island. There’s even a $1 million package for eight people that McFarland says includes access to luxury villas, a private marina with high-end yachts and a private jet to and from Cancun.
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Fyre is handling the primary sale of tickets through its own internal system and is utilizing soldout.com for secondary sales. On its website, soldout.com guarantees fans a 100% refund of their money if an event is canceled and not rescheduled. Notably, fans seeking a refund for the 2017 festival received pennies on the dollar due to the festival’s bankruptcy.
Andrew Hentrich, president of Soldout.com, affirms that his company does guarantee refunds if the fest is canceled, noting that “all proceeds from Fyre Festival ticket sales on SoldOut.com are held securely and will not be settled with Fyre until after the event has successfully taken place. Additionally, SoldOut.com is fully insured and financially equipped to issue refunds if necessary, ensuring buyers are protected in the event of cancellation or significant changes to the festival date. This policy applies to all events listed on SoldOut.com, not just Fyre Festival.”
McFarland has been teasing Fyre Festival 2 as a redemption project and personal rebrand since being released from prison and into a halfway house in May 2022. McFarland served four years of his six-year sentence after admitting to defrauding investors in the disastrous 2017 Fyre Festival, which was promised as a luxury destination music event via extravagant promotion from A-list celebrity influencers. But when ticketholders showed up on Great Exuma island in The Bahamas, they found the event they were promised was totally unrealized. McFarland also pleaded guilty to charges in a later ticket-selling scam.
McFarland promises Fyre Festival 2 will be different, and nailing down a location and locking in a date for the festival are major milestones. A press release also announced that Mexican concert production company LostNights would handle festival logistics.
“FYRE Festival 2 is about the adventure into the unknown, curating elite, once-in-a-lifetime experiences,” McFarland said in a statement. “Soldout.com’s background in the music festival world will ensure that our guests have a seamless ticket-buying process from start to finish. Soldout.com is a great addition to the team which also includes Lostnights, our talented and accomplished festival producer and operator.”
The next step will be securing talent for the festival. Billboard reached out to two of the largest booking agencies for music festivals and both said no one has contacted them from Fyre Festival or LostNights to book musical talent.
Gossip blogger Tasha K has agreed in bankruptcy court to pay Cardi B more than $1 million over the next five years and to not make any “derogatory, disparaging, or defamatory statements” about the superstar.
In court filings Friday (Feb. 21), attorneys for Tasha (Latasha Kebe) offered a plan to resolve her years-long federal bankruptcy case — proceedings made necessary by a $3.9 million judgment for defaming Cardi with outlandish claims of drug use, STDs and prostitution.
The new plan will cover only $1.2 million — less than a third of that fine. But under the terms of the agreement, Tasha will still owe the rest of the damages award even after she finishes the repayment plan: “The Almanzar Claim is non-dischargeable.”
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In the first year of the agreement, known as a “plan of reorganization,” Tasha will pay $44,907 per quarter to her unsecured creditors, the vast majority of which will go to Cardi. By year five, those quarterly payments will escalate to $81,057.
In an unusual feature, the bankruptcy plan also includes a non-disparagement clause, barring Tasha not only from defaming Cardi while the plan is in place but also from even mentioning her or any of her family members.
“The Debtor shall ensure that no content related to Ms. Almánzar and/or her family, whether explicitly or implicitly, will be published or disseminated on any of the Debtor’s social media accounts, websites, blogs, or other online communication channels,” her lawyers wrote.
Attorneys for both sides did not immediately return requests for comment.
The filing is the latest wrangling in Cardi’s long-running efforts to collect on the huge 2022 judgment, which came after a federal jury found that Tasha had made false and defamatory statements about the superstar on YouTube and other platforms.
Cardi has repeatedly vowed to recover that money by any means necessary — saying “imma come for everything” and “b—- better have my money.” Tasha filed for Chapter 11 bankruptcy in 2023, saying she still owed $3.4 million to Cardi and had less than $60,000 in assets. But the rapper has pursued her, later winning a ruling that Tasha couldn’t use the bankruptcy process to “discharge” the judgment.
In December, Cardi’s attorneys demanded that the bankruptcy case be dismissed entirely, accusing Tasha of orchestrating a “long-running fraudulent scheme to shield debtor’s assets and income from creditors.” They said she had fraudulently transferred and concealed money and had lied to both Cardi and the federal courts.
“It is clear and irrefutable that debtor has admittedly and repeatedly engaged in bad faith conduct to hinder, delay, and defraud Ms. Almánzar from collecting on the amended defamation judgement,” the star’s lawyers wrote. “This court should not allow debtor to further abuse the bankruptcy process.”
A day after Cardi filed her motion to dismiss, the court-appointed trustee — a neutral third party who helps shepherd a bankruptcy case toward a repayment plan — filed her own motion endorsing Cardi’s arguments and urging the judge to dismiss Tasha’s bankruptcy case.
The threat of such an outcome likely forced Tasha’s attorneys to negotiate Friday’s agreement, avoiding the risk that the bankruptcy would be dismissed entirely.
Warner Music’s independent music distribution and artist services arm, ADA, has partnered with Three Six Zero Recordings to handle global distribution for all new releases from the label, the companies announced on Monday that (Feb. 24). Three Six Zero Recordings represents multi-platinum acts like WILLOW, Jaden and The Prodigy, as well as artists such as […]