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Thursday 1st December 2022
Synchblog Highlights
Publishing Catch-Up: Concord to Fuel $1.65bn Apollo Bond Offering, Songwriter Advocates Disappointed by CMA Report & More
We catch up on the latest music publishing headlines, from new deals to signings.

Why Music Clearance Remains So Complex and How That Can Be Fixed
Why is music clearance becoming increasingly complex and what are the solutions?

New Synchtank Report – Communication Breakdown: Complexities and Solutions in Music Rights Clearance
Our new report breaks down the key challenges in sync and how these can be addressed.

CISAC's Global Collections Report 2022: Key Takeaways
Digital music collections power growth as other revenue streams remained flat in 2021.
In the News
Apollo to lead bond sale tied to Phil Collins, R.E.M. royalties
The transaction is Concord Music Royalties’ first securitization. (Bloomberg)

Labels welcome UK CMA report on streaming, as Merck Mercuriadis slams them for not using ‘powers they have to fix the problems they identify’
Streaming market study report receives mixed response from the music industry. (MBW)

Universal Music Group buys 49% stake in indie group PIAS
Deal follows the formation of a strategic global alliance between the two companies. (Music Ally)

YouTube's Lyor Cohen on his plans to save the music industry
The YouTube chief is all-in on YouTube Shorts, can he teach TikTok a thing or two? (GQ)

‘The job is going to die’: songwriters weigh in on music industry economics 
Many songwriters are still deeply worried about their future livelihood. (Rolling Stone)

10 years ago, WMG’s top 5 artists generated 15% of its revenue. Today, it's just 5%
MBW drills into the numbers of Steve Cooper's surprising revelation on WMG. (MBW)
New Synchtank Report
Free Report: Complexities and Solutions in Music Rights Clearance
Our new Synchtank report exposes the disjointed processes behind sync clearance and identifies solutions to key challenges facing music users. Download it now.
Client Sync of the Week
Episode 7 of the new season of the Netflix drama series Manifest features "Carry You" by Novo Amor, repped by our client The Royalty Network! ✈️🎵
See you next time! If you have any queries or ideas, feel free to drop us an email at info@synchtank.com

Best wishes,
The Synchtank Team
www.synchtank.com
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