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BMG renews and expands global publishing deal with TikTok
BMG has renewed its direct music publishing agreement with TikTok.
According to the press release issued on Wednesday (December 17), the global deal adds provisions aimed at improving how songwriters are credited on the video-sharing platform.
"The new agreement strengthens BMG’s leadership in modernizing publishing deals by raising reporting and attribution standards across digital platforms and introducing meaningful improvements to how publishing rights are managed and promoted," the companies said on Wednesday.
Tracy Gardner, Global Head of Music Business Development, TikTok, said: “BMG truly understands the power of TikTok and the opportunity it creates for songwriters today.
“They understand the platform, they embrace innovation, and they work with us hand-in-hand to strengthen rights management and unlock meaningful value.
“This expanded partnership reflects the trust and momentum we’ve built together — and we’re excited to continue driving growth for the songwriters at the heart of music discovery on TikTok…” (MBW)
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Top Stories
Beggars Group confirms transfer of ownership to Trust ‘to preserve the company’s independence’
Beggars Group has confirmed that ownership of the UK-based indie music company was transferred to a trust in October 2024, a strategic move designed to “preserve the company’s independence”.
The company has, for many years, been owned by its Chairman, Martin Mills, but, as first reported by MBW yesterday (December 16), newly filed documents with the UK's Companies House revealed that control of the company was transferred to a trust connected to Mills, named as the MM Settlement Trust.
The company has today shed more light on the decision, telling MBW in a statement that the transfer of shares to the trust “aims to preserve the company’s independence and help to ensure continuity over future generations, in the interests of both artists and employees…” (MBW)
On-demand streams to count more under Billboard’s new method for measuring chart hits
Billboard is making changes to how it weighs streams in its album and singles charts, and the new method will give more influence to free/ad-supported streams.
It will also weigh streamed music more when calculating album sales. According to a notice on the Billboard website, starting on January 17 (for charts for the week of January 2-8), Billboard will count a smaller number of streams as being equivalent to an album sale.
Currently, one “album consumption unit” is equal to one sale of an album, or 10 sales of songs from an album, or 1,250 paid/subscription streams of songs from an album, or 3,750 free/ad-supported streams of songs from an album.
As of January 17, 2026, it will take only 2,500 free/ad-supported streams or 1,000 paid/subscription streams to equal one album sale… (MBW)
Global value of music copyright reached $47.2bn in 2024, says new Will Page report
The global value of music copyright (both recordings and compositions) reached a new all-time high of $47.2 billion in 2024.
That’s according to a new report from Will Page, the former Chief Economist at both Spotify and UK collection society PRS for Music, published on Page’s website, Pivotal Economics... (MBW)
PRS for Music reports largest-ever quarterly royalty payout at $368m, up 4% YoY
UK-based collection society PRS for Music says it has made the largest-ever quarterly royalty payout in its 111-year history.
PRS paid out GBP £274.9 million (USD $367.6 million at the current exchange rate) to songwriters, composers and music publishers in December, a 4% increase over the same period a year earlier.
In all, 51,500 PRS members will receive a payment this quarter, among them 400 songwriters and composers who will receive royalties for the first time… (MBW)
"Donna Summer is not only one of the defining voices and performers of the 20th century; she is one of the great songwriters of all time who changed the course of music.”
Paul Williams
Iconic singer-songwriter Donna Summer (pictured) has been posthumously inducted into
The Songwriters Hall of Fame (SHOF).
Summer, who passed away in 2012 at age 63, was honored during an intimate ceremony held on December 15 in Los Angeles.
Described by the SHOF as the “defining voice of the disco era”, Summer wrote many of her globally popular hits including Love to Love You Baby, I Feel Love, Bad Girls, Dim All the Lights, On the Radio, She Works Hard for the Money, Heaven Knows, Spring Affair, This Time I Know It's for Real, and Melody of Love (Wanna Be Loved), among many others.
Academy Award-winning songwriter Paul Williams, a SHOF inductee and Johnny Mercer Award honoree, led the induction, which celebrated her “extraordinary songwriting contributions and enduring musical legacy”.
“She wrote timeless and transcendent songs that continue to captivate our souls and imaginations, inspiring the world to dance and, above all, feel love,” said Williams. “I am pleased and honored to posthumously induct Donna Summer into the Songwriters Hall of Fame…” (SHOF)
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