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Music Publishing News Roundup: Friday, July 1, 2016

nyc

The NYC Mayor’s Office of Media and Entertainment had its first-ever “NYC Music Industry Convening” to brainstorm how the city can support the music industry and its creators. The meeting occurred a week after the New York State Legislature voted to approve the Empire State Production Tax Credit which will give tax breaks for expenses related to recording musical projects within the state. The Office’s Commissioner Julie Menin said, “everyone [is] excited that music is now housed within a City agency that…is…both focused on bringing new opportunities to New York City and being supportive of the music industry.”

Music Reports Inc. is working with the US Copyright Office to make compulsory licensing more streamlined, efficient, and digital. MRI seems to have become the first to digitally file notices of intent (NOIs) for compulsory licenses, rather than the time-consuming and costly process of filing NOIs manually, by paper, and $2 a song. The Copyright Office has revamped the way it accepts NOIs and changed the pricing structure, so that they can be filed on excel spreadsheets for only 10 cents a track. MRI has also made it easy to match songs to their respective master and publisher owners with its Songdex database which has metadata on over 70 million tracks.

Google has partnered with LyricFind to add lyrics from over 4,000 publishers to its search results and and within GooglePlay Music.  LyricFind, which collects rpyalties for songwriters and rightsholders, will provide licensing for lyrics displayed in the search results and in the music app on behalf of publishers from 100 countries, including the majors.  LyricFind CEO Darryl Ballantyne says, “We’re happy to expand the depth and quality of lyrics available on Google’s services.  We’re working together to make lyrics available to a larger audience in a faster and more efficient way.”

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