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Vinyl Group announced on Thursday a binding agreement to acquire The Brag Media, publisher of Australian and New Zealand editions of Rolling Stone and Variety, as well as publisher of its own tiles including TheBrag. com, Tone Deaf and industry news outlet The Music Network.
The proposed takeover of Brag Media, pending certain conditions and expected to close by Jan. 31, is being funded by an $11 million AUD ($7.5 million USD) round of investment in Vinyl Group by billionaire Wisetech Global chief executive Richard White, who when completed will own more than a third of the ASX-listed business. With funding in place, Vinyl Group’s purchase of 100% of Brag Media will break down as $8 million in cash and a further $2 million in deferred compensation through cash or stock.
Brag Media originated as Seventh Street Media in 2017, launching local trade outlet The Industry Observer and youth-focused title Don’t Bore Us, before rebranding as The Brag Media in 2019 — the same year it partnered with Billboard parent Penske Media to launch Rolling Stone Australia. Brag also represents the digital audiences in the market for Billboard and The Hollywood Reporter, as well as Rotten Tomatoes, Hypebeast and others. In 2022, Brag bought The Music Network and shuttered Industry Observer. Based on unaudited figures disclosed in the announcement, The Brag Media generated $8.39 million in revenue in its current fiscal year, generating a net profit of $334,824.
Once the acquisition is complete, Brag Media’s portfolio will join a Vinyl Group that also includes music credits specialist Jaxsta, social networking platform Vampr and online record store Vinyl.com. As part of the deal, Brag Media’s co-founder and CEO Luke Girgis is set to remain as publisher and managing director of the company’s publishing business.
“Vinyl Group’s suite of products work together to empower participants of the music ecosystem and reach all corners of the creator economy, and we can’t wait to start working with the iconic mastheads that Luke and The Brag Media have successfully developed in Australia,” said Vinyl Group CEO Josh Simons, who took over the top job in late June following the departure of Beth Appleton. “We’ve identified several impactful synergies between the two businesses that will deliver immediate cost efficiencies and revenue, including streamlining Vampr’s in-app ads business and leveraging The Brag Media’s impressive audience reach to bolster Jaxsta, Vinyl.com and Vampr in the market.”
Girgis added that he “couldn’t be happier about” the consolidation. “Right from the earliest discussions we had, it was clear that the Board, Josh and the team shared our vision for the future of the business, and I’m thrilled that they’ve made this commitment with us.”
White said there is “no doubt that iconic brands like Rolling Stone and Variety make sense and add value to VNL. Combined under the leadership of Josh and Vinyl Group, the consolidated business and team will have a lot more growth levers and options.”
Vinyl Group is Australia’s only ASX-listed music business and trades under the ticker code VNL (it was JXT before a recent parent company name change). Its share price jumped 22% to .055 following the acquisition announcement.
In the 36 years since The Pogues released the band’s now-seminal “Fairytale of New York,” the acerbic holiday classic has occupied every single position on the Official U.K. Singles Chart’s top 20 — except for No. 1.
If there was ever a year when that changed, this would be it.
Following frontman Shane MacGowan‘s death on Nov. 30, “Fairytale of New York” is once again in the running for the coveted top spot on the annual “Official Christmas Number 1” chart put out by the U.K.’s charts organization, The Official Charts Company (OCC). On Monday, the track was No. 5 on the preliminary Christmas chart, which closes at midnight on Thursday (Dec. 21); the winner will be announced on BBC Radio 1’s The Official Chart show the following day. A mix of fan engagement and label strategy may push it up the ranking — but, as in previous years, the song faces strong competition, and a fairy tale ending is far from guaranteed.
“It’s going to be very, very tight this year and it’s not really until the week itself that you can tell who the main contenders are going to be,” says Martin Talbot, chief executive of the OCC.
Sales for MacGowan’s duet with Kirsty MacColl, co-written with Jem Finer, climbed to 77,000 in the week after MacGowan’s death, a rise of 170% from the week before, according to the OCC.
U.K. streams of “Fairytale of New York” crossed 9 million over the same period, reports OCC, giving the song its biggest-ever streaming total in the country outside the Christmas period. Total U.K. streams over the past month stand at just under 23 million, up 13% on average compared to the same period over the past five years.
The singer’s death also saw several covers of the song generate renewed traction on TikTok — including clips of Ed Sheeran, Saoirse Ronan and, of course, Travis Kelce, who recently earned his first Billboard chart-topper with “Fairytale of Philadelphia,” a spoof on The Pogues’ original version featuring his brother, Jason Kelce.
Despite the song’s New York setting and memorable black and white video (featuring a cameo from Pogues fan and Hollywood star Matt Dillon), “Fairytale of New York” has proved considerably less popular in the United States, where it has never reached the Billboard Hot 100. It has charted on Billboard‘s Holiday Digital Song Sales chart, climbing to a new peak of No. 16 in the wake of MacGowan’s passing (on the chart dated Dec. 9, 2023). According to Luminate, “Fairytale of New York” also earned just under 400,000 on-demand U.S. streams the day MacGowan passed (Nov. 30), marking a 227.2% increase in streams from the day prior.
Tom Gallacher, the London-based senior director of digital and marketing at Warner catalog imprint Rhino Music, which owns the worldwide rights to The Pogues’ repertoire, including “Fairytale of New York,” says that organic searches for the song and the group’s catalog on streaming services were “significantly up” across multiple markets in the week following MacGowan’s passing, with the biggest surges taking place in the United Kingdom and Ireland. (The song returned to No. 1 in Ireland in early December).
In tribute to the late frontman, who was born on Christmas day 1957 and died from pneumonia in a hospital aged 65, Rhino is re-releasing “Fairytale of New York” on 7-inch vinyl (limited to 5,500 copies) in the United Kingdom, with all proceeds going to homeless charity Dublin Simon Community. The direct-to-consumer release shipped on Monday (Dec. 18), meaning that those sales will count towards the all-important Christmas week tally.
“When you have a very tight chart race, physical product can make the difference,” says Talbot. “It also acts as a good marketing tool, reminding people about a record.”
MacGowan’s widow, Victoria Mary Clarke, has meanwhile given her backing to a fan-led social media campaign to get the song to No. 1 almost four decades after it was first released in 1987.
“Fairytale of New York” propelled The Pogues to a new level of mainstream success and is the band’s highest charting song to date; when it peaked at No. 2 on the U.K. chart, it was behind only the Pet Shop Boys‘ version of “Always On My Mind.”
The song served as a single from the Pogues’ 1988 album If I Should Fall From Grace With God — which became their highest-peaking entry on the Billboard 200, at No. 88 — and is routinely voted the U.K. public’s favorite Christmas song in polls.
Despite its enduring popularity, “Fairytale of New York” has also generated controversy over the years concerning its lyrics, in particular the Kirsty MacColl-sung line “You scumbag, you maggot, you cheap lousy fa–ot.”
Shane MacGowan of The Pogues performs at 02 Arena on December 20, 2012 in London, England.
Caitlin Mogridge/Redferns/Getty Images
In 2007, BBC Radio 1 announced that it would be bleeping out the slur to avoid offending listeners before immediately reversing its decision following complaints by fans and MacGowan’s mother, Therese.
In 2020, the BBC Radio 1 again announced that it would play a censored version of the track with the offending word, along with “slut,” removed. In response, musician Nick Cave accused the broadcaster of “mutilating” the festive classic.
Addressing the issue in 2018, MacGowan said that the words were not intended to offend but reflected the language that the song’s female character — “a woman of a certain generation at a certain time in history… down on her luck and desperate” — would use.
“Sometimes characters in songs and stories have to be evil or nasty in order to tell the story effectively,” said MacGowan.
Currently leading the race for the U.K. Christmas No. 1 is pop duo Wham!, whose evergreen 1984 single “Last Christmas” has spent the past two weeks at the top of the British charts.
The Yuletide-themed George Michael and Andrew Ridgeley song first went to No. 1 on New Year’s Day 2021, at the time breaking a chart record — now held by Kate Bush‘s “Running Up That Hill” — for the longest time a track has taken to top the U.K. singles chart.
“Last Christmas” has now topped the Official U.K. Singles Chart on five non-consecutive occasions, but never on the “Official Christmas Number 1” tally — traditionally seen as the most coveted chart position in the U.K. music industry.
To give “Last Christmas” a final push, Wham’s label, Epic, is releasing a limited-edition vinyl version of the track as well as a CD single release, complete with download promotion.
Hot on Wham’s heels is U.K. Eurovision 2022 entry, Sam Ryder, whose original song “You’re Christmas To Me” (East West/Rhino) climbed eight places to No. 2 in the first 48 hours of the current Dec. 15-21 chart week.
Other front runners include Mariah Carey‘s “All I Want For Christmas Is You” (currently No. 3 based on preliminary sales), Ed Sheeran and Elton John‘s “Merry Christmas” (No. 4), Noah Kahan‘s “Stick Season” (No. 6) and British TikTok collective Creator Universe’s charity fundraising cover of Wizzard‘s “I Wish It Could Be Christmas Everyday,” which is just outside the top 10.
If “Fairytale of New York” does finally top the charts on Friday it would be a “beautiful and fitting” tribute to the late singer, reflects Gallacher, who says MacGowan’s best-known song continues to resonate with audiences because “it goes beyond the usual saccharine sentiment of a lot of Christmas songs.”
“It’s totally unique,” adds Mike McCormack, U.K. MD of Universal Music Publishing Group, which represents “Fairytale of New York” on the publishing side.
“Only a lyricist as gifted and uncompromising as Shane could have written a Christmas song so joyfully sad and unconventional,” McCormack continues. “It’s the antithesis of all the other mainstream perennial hits but is honest and heart-warming… I don’t think it’ll ever be beaten as the greatest Christmas song.”
One of Ibiza‘s most fabled clubbing institutions is under new ownership.
As was rumored this past summer, Pacha Group — which includes the Ibiza flagship club, two hotel island hotel properties and clubs in Barcelona and Munich — has been acquired by FIVE Holdings, the Dubai-based hospitality and real estate group. FIVE encompasses a namesake hotel brand with two locations in Dubai and a property in Zurich, with a third Dubai property currently under construction.
FIVE Hospitality and The Pacha Group CEO Aloki Batra tells Billboard that FIVE’s acquisition of The Pacha Group is worth approximately $330 million, and that conversations regarding the sale started nearly two and a half years ago at an event in Mykonos.
The Pacha Group was previously owned by the private equity firm Trilantic Capital Partners, which acquired the brand in 2017. A representative from Trilantic declined to comment on the sale.
Batra says that as part of the transfer of ownership, Pacha Ibiza will see some light changes, including improvements to the lighting system, slightly expanded VIP areas, enhanced production elements and improvements to the club’s “digital footprint” including systems to track attendance through NFT wristbands.
“If [you’ve] been to been to five or six shows, the next time you show up, we should know that. Now it’s just blind,” says Batra. “[We plan to] increase the quality of experience by getting to know our fans a lot better and then [determining] how we can engage with them and make them feel special.” Batra adds that there’s been a “full continuity” of staff at the club amid the change in ownership.
Batra says FIVE is also looking at ways to revive the club’s longstanding record label, Pacha Recordings with pre-recorded DJ sets delivered to fans globally on DSPs.
“[We’re] definitely looking at that that very seriously,” Batra says. “We have this rich legacy and need to take it ahead for the digital age and the customer of today. I think that’s a huge opportunity for us, and it’s great for the fans, because we intend to bring your favorite club closer to you.”
While programming at the club will remain largely the same — including Solomun’s iconic Sunday night residency — Batra says the plan is to also make offerings “a bit more reggaeton-ey” for the 2024 season. “There’s a lot of demand for it and we’re looking to address that demand,” he says, noting that Maluma and J Balvin have previously performed at Pacha Ibiza. “We want to be well represented in the reggaeton world… We think there’s definitely a trend in that direction.”
The acquisition marks FIVE’s first properties in Ibiza, with the deal also encompassing the resorts El Hotel Pacha Ibiza and Destino Pacha Ibiza. Located approximately 15 minutes north of the club, this latter property will see a series of what Batra calls “significant upgrades” and officially become a FIVE branded property in 2025.
He says that while the Ibiza market is highly competitive, visitors to the island now often come more and stay longer, creating opportunities for property owners. He adds that the same demographic that visits FIVE resorts in Dubai are also likely to travel to Ibiza.
Pacha Ibiza opened in 1973 and, 50 years later, hosts some of the biggest DJs in the world. Batra emphasize that while other clubs in the market offer “a show with a big DJ set” Pacha is still focused on throwing “a party with the DJ right at the center.”
To wit, FIVE will maintain Pacha’s ” bohemian artistic direction…[The plan is] not more pyrotechnics as far as we’re concerned,” says Batra. “We’re more about the party, the atmosphere and enhancing that experience [and not having] people pull out their mobile phones for the entirety of the set.”
“We’re buying into a real legacy,” Batra adds. “It’s one of the greatest entertainment brands out of Europe at the forefront of dance music and culture. The relationship between the success of Ibiza and the success of Pacha is very intertwined; I think it’s almost a definitive story of Ibiza… So it’s very exciting to have an opportunity to be part of this great story and navigate it into a blissful future.”
Hipgnosis Songs Fund has announced a last-second delay in publishing interim results for the six months ended Sept. 30, citing concerns over its valuation following a series of hiccups for the Merck Mercuriadis-led company.
The fund, which owns full or partial rights to the song catalogs of artists ranging from Justin Bieber, Neil Young, Bruno Mars, Jimmy Iovine, 50 Cent, Shakira, Blondie, Justin Timberlake, Lindsey Buckingham and many more, was scheduled to publish it financial results on Tuesday (Dec. 19) but now expects to announce on New Year’s Eve, according to a regulatory filing.
In explaining the delay, the Hipgnosis board said the valuation it received from an independent firm was “materially higher than the valuation implied by proposed and recent transactions in the sector,” namely two deals involving itself: a proposed $417.5 million sale of 29 catalogs to Blackstone-backed Hipgnosis Songs Capital, a price reflecting a 24.3% discount from a valuation dated March 31, and last week’s sale of 20,000 “non-core songs” to an undisclosed buyer for $23.1 million, which it said reflects a 14.2% discount on the songs’ valuation as of early fall.
Due to the disparity between the independent valuation and the “implied” one tied to recent trends and proposed sales, the board sought advice from its in-house investment advisor, Hipgnosis Song Management Limited, which delivered a “heavily caveated” opinion that led to the board’s concerns as to the valuation of HSF listed in the interim results scheduled to be disclosed today.
Hipgnosis is comprised of three companies: Hipgnosis Song Management, Hipgnosis Songs Capital and Hipgnosis Songs Fund. The latter of the three has been mired in controversy in recent months after it was announced that the London-listed trust would not pay its investors a dividend because of new, lower projections for revenue. On Oct. 26, investors of the fund overwhelmingly demanded structural changes to the music rights company, with more than 80% of Hipgnosis investors voting in favor of the board drawing up “proposals for the reconstruction, reorganization or winding-up of the company to shareholders for their approval within six months.”
Last month the company announced that the fund will not declare dividends before the new fiscal year, which begins next April, in order to ensure it has enough on its balance sheet to pay contractually-mandated catalog bonuses.
Investors are still processing the news, with the company’s stock only slightly down, roughly 2%, in mid-day trading on the London Stock Exchange.
When Frances Moore started in the Brussels office of The International Federation of the Phonographic Industry (IFPI) in 1994 as regional director for Europe, the trade organization represented six major labels that made most of their money selling CDs – and mostly in Europe and the U.S. When she retires at the end of this year, she will leave a business with three majors that’s truly global and focused on streaming. In between, Moore scored some of the key policy wins that made that happen, especially since ascending to the top job in 2010. She also transformed IFPI into a global force and served longer as CEO than any of her predecessors.
Moore started just as the major labels and other media companies began pushing for laws to protect digital content – an effort that ultimately resulted in the 1998 Digital Millennium Copyright Act in the U.S., and the 2001 Copyright and Information Society Directive in the European Union. One of her major achievements was IFPI’s passage of the 2019 copyright directive that addressed some of its shortcomings by tightening up some of the safe harbor rules that created a “value gap” between what rightsholders made from licensed services like Spotify and what they got from user-upload-fueled services like YouTube. In between, she led IFPI efforts to extend the term of copyright protection for recordings in Europe and establish a public performance right for recordings in China, plus strengthened IFPI’s operations in markets that barely existed when she started at the organization three decades ago.
You announced in July that you would retire at the end of the year, but some executives can’t quite picture that – you have a reputation for working extremely hard. What are your plans?
I can’t really picture me retiring, either! Come the first of January, I’ll tell you the answer. I’ll take a rest at the beginning and see what happens afterwards.
You’re leaving an organization that’s much more international than the one you joined in 1994.
When I joined, the two big markets were Europe and the U.S., and the bulk of the industry’s revenues came from those two places – the other territories were much smaller. But IFPI was always an international organization: There was already an office in Hong Kong and two small offices in China, so it was more a question of how you brought everyone together.
You started in Brussels and played a major role in building up the organization there.
There was a Brussels representation [when I started] but they didn’t really have U.S. [style] lobbying and that’s what I brought to build a campaign for the [2001] copyright directive. Back in the ‘90s, Europe had a lot to learn about lobbying. I remember suggesting to one of the major national groups that they bring in a lobbyist and they were shocked. It was as if I had suggested bringing in a lady of the night. Lobbying wasn’t seen then as a clean profession.
You started at IFPI right before the first copyright directive and one of your big accomplishments as CEO was to get the 2019 copyright directive passed. That was supposed to address some of the issues with the first one, but the implementation of it in different EU countries has varied. How do you see that?
For the first copyright directive, we built something at the European level that we never had before – we had 32 organizations working together from books, film, music, you name it. In implementing the WIPO treaty, we had a good, strong directive that let companies go online with confidence. When it came to the second one, the issue was what we called ‘the value gap’ [the difference between what it cost companies to license content and how little some of them were paying to use it]. Companies were doing deals with one hand tied behind their back. That was a hard campaign to fight, not because of the arguments – people could see that – but because we had huge opponents. Now some of these companies we work with and they’re a part of the success of the music industry. But as far as EU Parliament, they said this was the hardest-fought campaign they ever had to deal with. Luckily, they came through in the end.
In theory, you got what you needed. But the directive was implemented quite poorly in some countries, especially Germany.
There are 27 countries and there’s one that hasn’t implemented it yet – Poland. But Donald Tusk [who became Polish Prime Minister on December 13], will make sure it’s implemented. In most countries, it has been done faithfully. In Germany and in Belgium, we had problems and we’re taking it to court. But it was a signal more than anything else. To some degree, once it was adopted, the tech companies realized that they had to do what it was asking for.
What do you consider your biggest accomplishment?
I think my biggest accomplishment was putting together an A-level team. I don’t like the cult of personality – everything we do, we do as a team.
Your job is like herding cats – there are the national recording business organizations and the major labels – now small, medium, and large. It’s a very tough act to follow.
The job isn’t to be an expert in legal policy – the job is to hold the ball tight and keep running forward. There’s a global search [for a successor] and I think we’ll be able to announce the person shortly, and I wish that person all the best. The most important thing is that the companies speak with one voice – then everything else becomes easier.
Frances Moore and Taylor Swift
Dave J Hogan/Getty Images
You’ve had support on policy issues over the years from some very famous artists. Did you ever get starstruck?
I’m a Scottish rationalist – I don’t do starstruck. We have this program, Friends of Music, when artists come to the Parliament and they perform, and it moves you. I remember Jamie Cullum was performing in Strausberg [Germany] and at one point he stopped playing on the keys of his piano and just strummed on the wood. It was pure music. I don’t get starstruck but I get impressed beyond belief with talent.
You are leaving an organization that’s much more diverse than the one you joined in 1994. For example, you have women regional directors in Sub-Saharan Africa, the Middle East and North Africa (MENA) and Latin America. Was that a priority for you?
That was the state of the world [in 1994] – it wasn’t just the recording industry. In my case, there was never a point of saying I’m going to recruit a woman – you can only put together an A-level team if you choose the best candidates. We have six regional teams, and three are led by men and three are led by women. That’s balanced but not deliberately balanced – it just worked out that way.
What’s going to be the most important priority for your successor?
AI, because if you don’t get it right, it could decimate the industry. That’s the big one. There are some technology companies saying that there are text and data mining exceptions and we fit in there, so we don’t have to respect copyright. Wrong.
The European Union is looking into whether Elon Musk’s online platform X breached tough new social media regulations in the first such investigation since the rules designed to make online content less toxic took effect.
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“Today we open formal infringement proceedings against @X” under the Digital Services Act, European Commissioner Thierry Breton said Monday in a post on the platform formerly known as Twitter.
“The Commission will now investigate X’s systems and policies related to certain suspected infringements,” spokesman Johannes Bahrke told a press briefing in Brussels. “It does not prejudge the outcome of the investigation.”
The investigation will look into whether X failed to do enough to curb the spread of illegal content and whether measures to combat ” information manipulation,” especially through its crowd-sourced Community Notes fact-checking feature, were effective.
The 27-nation EU also will examine whether X was transparent enough with researchers and will look into suspicions that its user interface, including for its blue check subscription service, has a “deceptive design.”
“X remains committed to complying with the Digital Services Act, and is cooperating with the regulatory process,” the company said in a statement. “It is important that this process remains free of political influence and follows the law. X is focused on creating a safe and inclusive environment for all users on our platform, while protecting freedom of expression, and we will continue to work tirelessly towards this goal.”
A raft of big tech companies faced a stricter scrutiny after the EU’s Digital Services Act took effect earlier this year, threatening penalties of up to 6% of their global revenue — which could amount to billions — or even a ban from the EU.
The DSA is a set of far-reaching rules designed to keep users safe online and stop the spread of harmful content that’s either illegal — such as child sexual abuse or terrorism content — or violates a platform’s terms of service, such as promotion of genocide or anorexia.
The EU has already called out X as the worst place online for fake news, and officials have exhorted owner Musk, who bought the platform a year ago, to do more to clean it up. The European Commission, the EU’s executive arm, quizzed X over its handling of hate speech, misinformation and violent terrorist content related to the Israel-Hamas war after the conflict erupted.
Each week we’ll be sharing the most important news from the north with Canada’s top music industry stories, supplied by our colleagues at Billboard Canada.
For more Canadian music coverage visit ca.billboard.com.
PARTYNEXTDOOR’s Decade-Old Track Tops Canada’s TikTok Year-End
Every year, TikTok takes a look back at the songs and creators that made a mark on the year. At times, it feels like an alternate dimension.
The most popular TikTok song in Canada this year belonged to PARTYNEXTDOOR – no doubt a major hip-hop and R&B artist. However, the version of the Canadian star’s 2014 song “Her Way” that tops the list is not the original, but a sped-up version attached to a dance challenge.
“The song’s accelerated tempo seemed to resonate perfectly with the fast-paced, dynamic nature of TikTok,” says Kat Kernaghan, Head of TikTok Music Canada. “It’s not just about consuming the music; it’s about actively participating in the creative process.”
Many of the biggest songs on the social media platform were the ones that people interacted, memed and played with the most. That can resurrect an older song, like Justin Bieber’s “Beauty and a Beat,” which was released over a decade ago in 2012.
Here’s the full list of most popular songs on TikTok in Canada this year:
When it comes to the most popular artists on TikTok in Canada this year, it’s an interesting mixed bag. Tate McRae is on the list after a year that saw her transcend social media onto the stage of SNL and the cover of Billboard. Artists like Lauren Spencer Smith, Alexander Stewart and Faouzia made intimate and emotional music that people related to so much they had to use the sound. Others, like Tiagz, blurred the lines between “creator” and “artist,” making content designed to go viral first, then chart later.
Find the full list here.
Why Changes Could Be Coming to Montreal’s Music and Noise Laws
Montreal venue owners have been making noise about existential threats to their businesses. Now, the City of Montreal says a new nightlife policy will make changes to how noise is regulated in the city.
On Nov. 20, Sergio Da Silva incited a conversation about noise complaints when he posted a screenshot of a message recently received by Turbo Haüs, a long-running rock venue he co-owns located in Montreal’s Quartier des Spectacles entertainment district.
In French, the message informs Turbo Haüs that they may be subject to a fine of up to 12,000 Canadian dollars ($8,950) because noise from the venue was audible in a nearby residential region.
Turbo Haüs is far from the only venue affected by noise complaints in Montreal.
Prominent venue The Diving Bell Social Club, is currently preparing to close down this month, in part due to complaints the venue says they’ve received from a neighbouring landlord.
Responding to questions about noise complaints, Julien Deschênes — a political aid for the City of Montreal — tells Billboard Canada that a new nightlife policy is currently under development at the city, and should be ready for city council approval in January. The policy, Deschênes says, will seek to implement the “agent of change” principle, which puts the burden on new buildings that go up near commercial establishments to adapt to the existing noise in the area and not vice versa.
Deschênes says that the specific framework is not yet finalized, but that the policy will aim for implementation in the Ville-Marie borough, home to Turbo Haüs, as well as Plateau-Mont-Royal, where The Diving Bell is located.
Montreal has a reputation for supporting arts and culture — launching the careers of Canadian stars like Kaytranada and Grimes just in the last decade — but as rents rise, new developments go up, and the city landscape changes, artists and cultural workers are raising concern about the future of the city’s venues. READ MORE
SOCAN Foundation Announces Winners for 2023 Black Canadian Music Awards & Young Canadian Songwriters Awards
The SOCAN Foundation has announced the five winners of its fourth annual Black Canadian Music Awards, a group of rising talents in Canada’s music industry. Toronto hip-hop artist DVBLM; R&B singers Liza, Savannah Ré, and Myles Castello; and genre-hopping NAIIM take home $10,000 each as this year’s winners, with support from Sirius XM.
The awards, which were announced on Dec. 12, seek to recognize Black creators from all over the country. They’re determined by a jury of Black artists and industry experts from a pool of applicants.Honourable mentions for this year’s awards went to Eleanor, Tona, Kirk Diamond & FINN, Mah Moud and Ryan Ofei.
The SOCAN Foundation also just announced winners for another awards program: the Young Canadian Songwriters Awards.
The winners include seventeen-year-old Sofia Kay, who recently helped K-POP group Tomorrow x Together hit No. 1 on the Billboard 200, co-writing their single, “Sugar Rush Ride.”
The winners of that award are:
Andelina Habel-Thurton for “Le grand retour de l’insomnie”
Brighid Fry (a.k.a. Housewife) for “Matilda”
Elizabeth Royall,for “Numb”
Fin McDowell for “People I Barely Knew”
Sofia Kay, for “Fuu”
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It’s a big day for Billboard Arabia, a partnership between media giant SRMG and Billboard, with the launch of both a new website and the platform’s first two global charts tracking popular music from the Middle East/North Africa (MENA).
Billboard Arabia made its official debut in June, eyeing to be the premiere global destination for artists with Arab roots. Since then, the platform has built up a sizable audience across social media, and with its website (check it out here), now has a home for evergreen content and timely news on latest releases, plus video, reviews and interviews with top artists, as well as exclusive coverage of regional and global events.
The website will notably spotlight the region’s musical legends and emerging stars with digital cover stories, celebrating the diversity of the Arab music landscape.
Central to the Billboard Arabia site — and any other platform bearing the Billboard name — are the authoritative charts that will live there. Launching this week are two global flagship charts: the Billboard Arabia Hot 100 and the Billboard Arabia Artist 100. The Hot 100, showcasing the most streamed Arabic songs, kicks off with a brace from Sherine Abdel Wahab (“Kalam Eneih” at No. 1 and “El Watar Al Hassas” at No. 2). The chart’s inaugural top five is filled out by tracks from Al Shami, Ayed and ElGrandeToto. The Artist 100 highlights the most popular Arab artists, with Sherine Abdel Wahab at No. 1, followed by ElGrandeToto, Marwan Pablo, Amr Diab and Ahmed Saad rounding out the top five.
Billboard Arabia
Utilizing data from top digital streaming platforms such as Spotify, Anghami, Apple Music, YouTube and others, covering 200-plus territories, the charts are designed to reflect Arab music listening globally and not just in the MENA region. Starting in early 2024, Billboard Arabia will introduce eight genre-specific charts to showcase the diversity of Arab music, including Khaleeji, Egyptian, Magharabi, Levant, Arabic HipHop, Arabic Indie, Shelat, and Mahraganat.
These weekly charts will be released on the Billboard Arabia website and social media platforms every Thursday.
Billboard Arabia will also introduce other Billboard franchises to the MENA market, the fastest-growing region according to IFPI, including a Billboard Arabia Music Awards and Arabic Music Week, among others.
“This marks an exciting new chapter in the region’s music infrastructure, establishing a centralized platform to spotlight the thriving Arab music scene,” said Rami M. Zeidan, managing director of Billboard Arabia. “By continuing to elevate fan engagement and commemorate the evolution of Arab music, Billboard Arabia is committed to providing both established and new Arab artists and genres access to the global music market. Already, we’ve seen an increasing number of collaborations between Arab stars like Mishaal Tamer, Nancy Arjam, and Myriam Fares with global icons like Marshmello, Nicki Minaj, and Maluma. Billboard Arabia aims to further enhance this with the launch of our website and charts.”
Billboard president Mike Van added: “Billboard Arabia symbolizes the beginning of a new era—one where Arab artists are heard around the world. Our commitment to ensuring artists have a platform to resonate and engage with music fans has always defined Billboard, and we look forward to bringing this same passion to Billboard Arabia.”
Billboard Arabia is now live on its website and across X, Instagram, Facebook and YouTube — all at the @billboardarabia handle.
More people around the globe are listening to licensed music services than ever before — and are doing so via a growing number of different platforms — but piracy continues to divert cash from creators’ pockets, while a majority of music fans think that artificial intelligence (AI) should not be used to clone music artists’ voices without authorization, according to a new consumer survey from international recorded-music trade organization IFPI.
IFPI’s “Engaging with Music 2023″ study reveals that music consumers are spending on average 20.7 hours listening to music weekly, up from 20.1 hours in 2022 – or the equivalent of an extra 13 three-minute songs per week.
The London-based organization found that 73% of the 43,000-plus music fans it surveyed listen to their favorite artists through subscription or ad-supported audio streaming service such as Spotify, Apple Music or Amazon Music, down slightly from last year’s figure of 74% (IFPI says that the small decrease is down to a change in accounting methodology, rather than a drop in real terms). The proportion of paying subscribers rises from 46% in 2022 to 48% this year.
Audio subscription services are the most used format, accounting for around a third (32%) of music fans’ weekly listening time, closely followed by video streaming via platforms like YouTube or TikTok, which make up 31% of consumption.
On average, people now use more than seven different methods to engage with music, reports IFPI, with other popular formats including radio listening (17%), purchased music (9%) and attending live concerts (4%).
In line with previous years, the adoption of subscription streaming services is highest among younger listeners, with 60% of 16–24-year-olds and 62% of 25-34-year-olds surveyed saying they use subscription music platforms. Usage drops to 28% in the 55-64-year-old age bracket, although consumption is up year-on-year across all age demographics.
Among 16-24-year-olds, short form video platforms such as TikTok are listed as the most popular way that they engage with music on a daily basis, followed by audio subscription streaming services and then video streaming formats like YouTube.
The top five countries where people spent the most time listening to music through a subscription streaming service were Sweden (61% of people surveyed), Mexico (57%), Germany (55%), the U.S. (53%) and New Zealand (52%), with the United Kingdom dropping out of the top five.
Overall, IFPI reports a 7% year-on-year rise in time spent listening to music on paid streaming services – a slower rate of growth than the 10% rise in listening time in 2022.
Artificial Intelligence and the Persistent Piracy Problem
For the first time, IFPI’s research team asked music fans for their views on how they think artificial intelligence will impact on the industry. Nearly eight in ten (79%) said that human creativity is essential to the creation of music and 74% of respondents said that AI should not be used to clone or impersonate music artists without authorization.
The vast majority of people surveyed supported the need for AI systems and developers to be transparent and clearly identify any training data they have used to create new music works, which is one of the key provisions of the recently agreed EU AI Act.
The IFPI report was compiled by surveying internet users aged 16-64 between August and October across 26 countries, including the United States, Japan, United Kingdom, Germany, France, China, Australia, Brazil, Canada, Mexico, Indonesia and Saudi Arabia.
Collectively, these markets accounted for more than 91% of global recorded music revenues in 2022, according to this year’s IFPI Global Music Report. IFPI says the report is the largest music survey of its kind ever conducted.
In terms of genres, pop remains the most popular type of music globally, followed by rock, hip-hop/rap, dance/electronic and Latin. On average, music fans said that they listened to more than eight different genres of music with local-language genres such as K-pop in South Korea or Amapiano in South Africa increasingly popular in domestic markets.
Writing in the study’s foreword, IFPI chief executive Frances Moore says its findings demonstrate how the music industry has evolved to give “artists more opportunities than ever to find audiences,” who are in turn “discovering and engaging with more music in an increasing number of ways.”
Nevertheless, music piracy remains an ongoing issue that has “a severe and direct impact on royalties,” warns Moore. Of those surveyed, 29% of respondents said that use unlicensed or illegal methods to listen to or obtain music, down slightly from the previous year.
Stream-ripping sites remain the most popular way for consumers to access copyright-infringing music, IFPI found, with 41% of 16-24-year-olds confessing to using them. One in five people (20%) said they had used an unlicensed mobile app to illegally download music.
The listening study also contains separate reports looking at music consumption in China, India, Indonesia, Nigeria, the Philippines, Saudi Arabia, UAE and Vietnam.
In China, which last year overtook France as the fifth-biggest music market worldwide with revenues of $1.2 billion, 96% of people surveyed said they now used licensed music streaming services with the total number of hours spent listening to music each week increasing to just under 30 hours among respondents.
Despite the rapid growth in streaming in China, 75% of people surveyed said that they still used unlicensed or illegal ways to access music, demonstrating that piracy remains a serious issue in the world’s most populous country.
Responding to the report’s findings, Moore said that tackling all forms of copyright infringement on a global basis would continue to be a priority for IFPI to “ensure the most secure digital environment possible for music creators and fans alike.”
Legislators have provisionally agreed to sweeping new laws that will regulate the use of artificial intelligence (AI) in Europe, including controls around the use of copyrighted music.
The deal between policy makers from the European Union Parliament, Council and European Commission on the EU’s Artificial Intelligence Act was reached late on Friday night in Brussels local time following months of negotiations and amid fierce lobbying from the music and tech industries.
The draft legislation is the world’s first comprehensive set of laws regulating the use of AI and places a number of legal obligations on technology companies and AI developers, including those working in the creative sector and music business.
The precise technical details of those measures are still being finalized by EU policy makers, but earlier versions of the bill decreed that companies using generative or foundation AI models like OpenAI’s ChatGPT or Anthropic’s Claude 2 would be required to provide summaries of any copyrighted works, including music, that they use to train their systems.
The AI Act will also force developers to clearly identify content that is created by AI, as opposed to human works before they are placed in the market. In addition, tech companies will have to ensure that their systems are designed in such a way that prevents them from generating illegal content.
Large tech companies who break the rules – which govern all applications and uses of AI inside the 27 member block of EU countries — will face fines of up to €35 million or 7% of global annual turnover. Start-up businesses or smaller tech operations will receive proportionate financial punishments, said the European Commission.
Governance will be carried out by national authorities, while a new European AI Office will be created to supervise the enforcement of the new rules on general purpose AI models.
President of the European Commission Ursula von der Leyen called the agreement “a historic moment” that “will make a substantial contribution to the development of global rules and principles for human-centric AI.”
Responding to the announcement, Tobias Holzmüller, CEO of German collecting society GEMA, said the deal reached by the European government was a welcome “step in the right direction” but cautioned that its rules and provisions “need to be sharpened further on a technical level.”
“The outcome must be a clearly formulated transparency regime that obliges AI providers to submit detailed evidence on the contents they used to train their systems,” said Holzmüller.
Representatives of the technology industry, which had lobbied to weaken the AI Act’s transparency provisions, criticized the deal and warned that it was likely to put European AI developers at a competitive disadvantage.
Daniel Friedlaender, Senior Vice President of the Computer and Communications Industry Association (CCIA), which counts Alphabet, Apple, Amazon and Meta among its members, said in a statement that “crucial details” of the AI act are still missing “with potentially disastrous consequences for the European economy.”
“The final AI Act lacks the vision and ambition that European tech startups and businesses are displaying right now,” said CCIA Europe’s Policy Manager, Boniface de Champris. He warned that, if passed, the legislation might “end up chasing away the European champions that the EU so desperately wants to empower.”
Now that an political agreement has been reached on the AI Act, legislators will spend the coming weeks finalizing the exact technical details of the regulation and translating its terms for the 27 EU member countries.
The final text then needs to be approved by the European Council and Parliament, with a decisive vote not excepted to take place until early next year, possibly as late as March. If passed, the act will be applicable two years after its entry into force, except for some specific provisions: bans will apply after six months while the rules on generative AI models will begin after 12 months.
In a statement, international recorded music trade organization IFPI said the first-of-its-kind legislation provides “a constructive and encouraging framework” for regulation of the nascent technology.
“AI offers creators both opportunities and risks,” said an IFPI spokesperson, “and we believe there is a path to a mutually successful outcome for both the creative and technology communities.”
