Music Publishing News Weekly Roundup: April 22, 2013

Ken Consor on Apr 23, 2013

Successful pop songwriter, Dr. Luke, made publishing news this week with a few major deals.  Dr. Luke and electronic producer Diplo signed a joint publishing deal between Diplo’s Mad Decent Publishing and Dr. Luke’s Prescription Songs.  Prescription Songs also formed a joint venture with country music group Big Machine Music to allow the two companies to co-publish songwriters.

SoundExchange recently announced that it has distributed $117.5 million of digital performance royalties for the first quarter of 2013.  Although this is the highest ever first-quarter payout for SoundExchange, the number is down from $134.9 million in the fourth quarter of 2012.

On April 20, Spotify announced that French electronic duo Daft Punk set the streaming service’s record for most streams in a single day, in the US and UK, with their new song “Get Lucky”.  The exact number of streams has not been released.

 

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