Lisa Filipelli

California Production Coalition: Fighting to Keep Hollywood Filming in California. https://lnkd.in/g-BtDZgq Entertainment Partners is excited to be part of the California Production Coalition to ensure California remains THE place to film! California has phenomenal resources and over 100 years of experience in productions. Excited to see this coalition being launched today! It's very important to note, Productions in California bring high-paying jobs and economic activity to every part of our state. And I'm proud to be part of the fight to protect that. Are you ready to join the fight for film, TV, and streaming production in California?   Along with nearly early three dozen film, television, and streaming production businesses and associations have formed the California Production Coalition to advocate for policies that strengthen California’s film industry. It’s a pleasure to be working alongside other businesses to improve conditions for filming in our home state. The group, including members like the Motion Picture Association (MPA), Television City Studios, and the Hollywood Chamber of Commerce, aims to address declining production activity, which has been slow to recover after the pandemic and last year’s strikes.   Representing prop houses, equipment leasing firms, payroll companies and other service providers, the coalition is focused on expanding California’s film tax credit program. Their first priority: supporting Gov. Gavin Newsom’s proposal to increase the annual program from $330M to $750M. This expansion could boost local jobs and revenue, building on the $961.5M in tax revenue and over 110,000 jobs supported by the credit between 2015 and 2020, per the LAEDC.   The coalition, which began organizing last summer, aims to educate policymakers and the public on the benefits of keeping productions in-state. They also advocate for reducing red tape to make California more competitive with rivals like Georgia, New Mexico, Canada, the UK and Australia.   With production volumes down 17% globally and reality TV shoots in Los Angeles declining by 56%, coalition members warn of the economic ripple effects on businesses that rely on a thriving production ecosystem.   The coalition’s mission: ensure that Hollywood’s legacy and economic contributions remain rooted in California, while creating a stronger, more competitive future for the state’s film and TV industry.   https://lnkd.in/gxXi4BuQ https://lnkd.in/gxXi4BuQ Entertainment Partners #CaliforniaProductionCoalition #CaliforniaFilmIndustry #TaxCredits #Hollywood #jobs

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“Sony Music Entertainment is set to acquire the catalog of legendary rock band Queen in a landmark deal worth GBP £1 billion (USD $1.27 billion at current exchange rates). That’s according to Hits, which reported on Wednesday (June 19), citing sources, that Sony Music has emerged as the winning buyer for Queen’s recording and publishing rights, as well as royalties from previous deals with Disney Music Group and Universal Music Group. Disney owns the band’s recorded music catalog in North America, while UMG has a global distribution agreement with Disney. Separately, Queen band members Brian May, Roger Taylor, and John Deacon – plus the Freddie Mercury estate – each own equal shares in the company Queen Productions Ltd, which owns the group’s recording catalog outside the US and Canada, Music Business Worldwide noted in a report last year. UMG, as Disney’s distributor, will reportedly retain distribution rights in North America, although Sony will receive the royalties. UMG’s worldwide distribution rights will then transfer to Sony in 2026 or 2027, making Sony Music the sole distributor and owner of all Queen content globally, Hits explained. The deal also reportedly includes name and likeness rights, opening doors for merchandise and other ventures. Meanwhile, Queen’s founding members, May and Taylor, who continue to tour with vocalist Adam Lambert, will reportedly retain control of revenue from live performances.” Read the full article for more: #Queen #SonyMusic #UMG #DisneyMusicGroup #UniversalMusicGroup #Music #MusicBusiness #Musica #MusicIndustry #Musique #Musik #MusicBiz #Creators #Artists

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Music Business Association Music Biz 2024 coming up in May. Find out more about Reactional Music and what we are delivering across interactive music, music personalisation, in-game economies, generative composable music and the possibilities for creators, composers, artists and developers

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“In 2022, the Copyright Royalty Board (CRB) accepted a (near) music industry-wide settlement to improve songwriters’ streaming royalty rates in the United States from January 1, 2023. The settlement – known as ‘Phonorecords IV’ or ‘CRB IV’ – will see songwriters and music publishers paid a headline rate of 15.35% of a given interactive streaming service’s US revenue by 2027. That rate is being ‘phased in’, because ‘Phonorecords IV’ covers the five-year period between 2023 and 2027: In 2023 (starting January 1), songwriters and music publishers were to be paid a headline rate of 15.1% of a US service’s revenue; in 2024, this increased to 15.2%; in 2025, it will increase to 15.25%; in 2026 it will increase to 15.3%; and in 2027 it will reach 15.35%. The deal also included a number of changes to other components of the rate, including increases to the per-subscriber minimums and the “Total Content Costs (TCC)” calculations which reflect the rates that services pay to record labels.” #Spotify #NMPA #Streaming #Legal #StreamingRoyalties #Royalties #RecordedMusic #StreamingServices #StreamingMedia #MusicStreams #MusicRoyalties #Songs #Recordings #US #Music #MusicBusiness #Musica #MusicIndustry #Musique #Musik #MusicBiz #Songwriters #MusicPublishing #RecordLabels

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Deepna Devkar, Ph.D. what a treat having you on the podcast! If you’ve ever wondered what goes into building your personalised experience on Max, this is the episode for you. Tune in to hear from one of the minds leading the build of the platform experience!

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O P T I M I S T I C ! ! ”Los Angeles Film and TV Production Sees Sluggish Rebound From Strikes, but There’s Optimism” according to a report from FilmLA which notes an anemic return to filming in the region but that jobs appeared to return in full force in March. Filming in Los Angeles has been slow to bounce back after production in the region was decimated by Hollywood’s historic season of strikes.  The main reason for the sluggish rebound: A double-digit drop in television shoots compared to the same period last year.  Also playing a factor in the decline were reductions in content spend across most major studios, series cancellations and runaway production.  While the difference was steep in January (30.6 percent fewer jobs, totaling 2,282), it was modest in February (5.1 percent fewer jobs, totaling 3,061) and nearly unnoticeable by the end of March (a 0.4 percent increase, totaling 3,274 jobs).  There’s optimism in production levels for feature films. The category rose slightly in the quarter, picking up 634 shoot days to finish an estimated 7 percent ahead of the same months last year. Movies in production included Beverly Hills Cop 4, Atlas, and Lurker, all of which are getting tax credits to film in California.  FilmLA also flagged the loss of commercial production — which slipped nearly 10 percent year-over-year and more than 33 percent below the five-year average — to other jurisdictions as a concern. Filming for smaller, lower-cost shoots, such as documentaries, music videos and still photography, similarly fell by roughly 5 percent. Entertainment Partners https://lnkd.in/g5veEE6R https://lnkd.in/gjhbnQdG

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“Warner Music Group (WMG) CEO Robert Kyncl has come out in favor of a US Senate bill that would crack down on unauthorized deepfakes, arguing that the technology could ruin lives, reputations and businesses if left unchecked. Although many in the music business are embracing AI, it’s also the case that “generative AI is appropriating artists’ identities and producing deepfakes that depict people doing, saying, or singing things that never happened,” Kyncl will tell a subcommittee of the Senate Judiciary Commitee on Tuesday (April 30). “Through AI, it is very easy for someone to impersonate me and cause all manner of havoc,” Kyncl said, according to his pre-prepared remarks shared with MBW. “They could speak to an artist in a way that could destroy our relationship. They could say untrue things about our publicly traded company to the media that would damage our business.” #AI #ArtificialIntelligence #Legal #GenerativeAi #GeAi #Music #MusicBusiness #Musicians #Musica #MusicIndustry #Musique #Musik #MusicLicensing #WMG #MusicVideos #Artists #MusicBiz #Streaming #StreamingServices #StreamingMedia #WarnerMusicGroup #USCongress #USA

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Neighbouring rights are often overlooked in music acquisition deals. It's crucial to consider them when reviewing rights to be acquired. Could they be a standalone asset? Do they include sub rights that could increase their value in the future? Let's spark a conversation on this topic. #musicacquisition #musicrights #AImusic #mentor Read more: https://lnkd.in/ePgeKZWB

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“Facebook parent company Meta and Universal Music Group have signed an expanded global, multi-year deal. UMG said in a press release on Monday (August 12) that the new deal will “further evolve the creative and commercial opportunities” for UMG artists and Universal Music Publishing Group songwriters across Meta’s global network of platforms, including Facebook, Instagram, Messenger, Horizon, Threads and, for the first time, WhatsApp. The inclusion of Meta’s instant messaging service, WhatsApp, means that its users can now share licensed music from UMG within the app. UMG said on Monday that its partnership with Meta to license music for WhatsApp unlocks “new value for UMG artists and songwriters in the future”. Plus, as part of their new partnership, Meta and UMG said that they will work together “to address, among other things, unauthorized AI-generated content that could affect artists and songwriters” Read the full article for more: #Facebook #Meta #UMG #UniversalMusicGroup #Instagram #Messenger, #Horizon #Threads #WhatsApp #MusicLicensing #Global #Artists #Songwriters #AI #ArtificialIntelligence #IP #IntelectualProperty #GenerativeAi #GeAi #Music #MusicBusiness #Musica #MusicIndustry #Musique #Musik #MusicBiz #Creators #Songs

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California Production Coalition: Fighting to Keep Hollywood Filming in California. https://lnkd.in/g-BtDZgq Entertainment Partners is excited to be part of the California Production Coalition to ensure California remains THE place to film! California has phenomenal resources and over 100 years of experience in productions. Excited to see this coalition being launched today! It's very important to note, Productions in California bring high-paying jobs and economic activity to every part of our state. And I'm proud to be part of the fight to protect that. Are you ready to join the fight for film, TV, and streaming production in California?   Along with nearly early three dozen film, television, and streaming production businesses and associations have formed the California Production Coalition to advocate for policies that strengthen California’s film industry. It’s a pleasure to be working alongside other businesses to improve conditions for filming in our home state. The group, including members like the Motion Picture Association (MPA), Television City Studios, and the Hollywood Chamber of Commerce, aims to address declining production activity, which has been slow to recover after the pandemic and last year’s strikes.   Representing prop houses, equipment leasing firms, payroll companies and other service providers, the coalition is focused on expanding California’s film tax credit program. Their first priority: supporting Gov. Gavin Newsom’s proposal to increase the annual program from $330M to $750M. This expansion could boost local jobs and revenue, building on the $961.5M in tax revenue and over 110,000 jobs supported by the credit between 2015 and 2020, per the LAEDC.   The coalition, which began organizing last summer, aims to educate policymakers and the public on the benefits of keeping productions in-state. They also advocate for reducing red tape to make California more competitive with rivals like Georgia, New Mexico, Canada, the UK and Australia.   With production volumes down 17% globally and reality TV shoots in Los Angeles declining by 56%, coalition members warn of the economic ripple effects on businesses that rely on a thriving production ecosystem.   The coalition’s mission: ensure that Hollywood’s legacy and economic contributions remain rooted in California, while creating a stronger, more competitive future for the state’s film and TV industry. Entertainment Partners #CaliforniaProductionCoalition #CaliforniaFilmIndustry #TaxCredits #Hollywood #jobs

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In the world of entertainment, the concept of residuals is both fascinating and vital for those who create the content we love—be it films, television shows, or digital media productions. Residuals are essentially forms of additional compensation paid to actors, writers, directors, and other creatives after the initial release of a project. This payment is not just a bonus but a right, often secured by unions, to ensure that creatives receive their fair share of the revenues generated over time from their works. https://lnkd.in/eutQDFdt

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Two days until our film financing/production seminar at UCLA (attend in person or virtually, or order a taped version - details on that last one soon). We're going to drill down on how to finance films (studios, streamers, equity, debt, pre-sales, tax credits, and philanthropy) with special guests from these worlds. And we're going to review the critical path once you have the funding. https://lnkd.in/g-n7HSr3

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From the Latest FilmLA Report • Scripted TV production in Los Angeles dropped 99% in Q3 2023 compared to 2022. • FilmLA calls for a significant expansion of California’s $330 million production incentive due to a 20% drop in local filming. • Other jurisdictions like New York, Ontario, Georgia, and the U.K. offer more competitive, uncapped or larger subsidies, putting California at a disadvantage. • Strikes in 2023 and a decline in Peak TV also contributed to a production slowdown. • Global production declines occurred, with Georgia and the U.K. also seeing reduced TV releases. • California temporarily boosted its incentives in 2021, but ongoing state budget deficits limit further expansions. • FilmLA warns California must act to support its entertainment industry or face continued market share losses. FilmLA Seeks 'Vast Expansion' of California Tax Credit (variety.com) https://lnkd.in/gps_6c9A

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Mission: Impossible—Troika Force Logline: In a world where media giants wrestle for dominance, Paramount Global entrusts its fate to ‘THE TROIKA’— 3 visionary leaders tasked with a high-stakes mission to rescue the studio from the brink. Through strategic cuts, covert partnerships, and bold innovations, they race against time to save PARA from collapse. Will they succeed in this epic quest, or will their efforts be the final act in a storied legacy? Originally seen as a temporary fix, ‘THE TROIKA’ is now set to steer the ship through some stormy seas and possibly redefine Paramount’s future. With PARA’S $14 billion debt & lagging stock, ‘THE TROIKA’ are tasked with making tough decisions, including significant layoffs & asset sales. Their goal? Transforming Paramount into a leaner, more agile company. Despite the unconventional setup and skepticism from some analysts, the team has a unified vision & close working relationship, always a good omen — if sustained. Cough. However, their success could end up paving the way for JUST 1 of them to take the helm — solo — eventually. #ParamountGlobal #Leadership #MediaIndustry #BusinessTransformation #filmindustry #entertainment #media #business #news

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“…music copyright valuation continues to grow at an accelerated pace. The global valuation ascribed to music copyright reached $41.5bn, according to industry economist Will Page. This is 14.5% more than 2022. More folks are streaming music than ever before. Vinyl sales are up. Concert ticket sales surpassed 2019’s figures, according to Live Nation. And beneath all of this are the songs, or copyrighted works. Without them, there would be no tours, no vinyl records and no streaming services. Funds that invest in this intellectual property are expected to continue to see a return. But across the industry, this is not the case.” “There are reasons for this - based both on data and perception. Qualitatively, the way the music industry - as a monolith - is perceived continues to be challenged. For example, in BBC’s daily news podcast, Global Story, a report on Taylor Swift referred to the music industry as ‘in crisis’ despite the macroeconomic data arguing otherwise. This is supported by the evidence of burgeoning inequality. While arenas and stadiums celebrate a bumper year, small music venues in the UK suffered their “worst year in a decade” according to the Music Venue Trust. Music education hubs - often the places where music is first created - are being cut by two-thirds in 2024-2025. However, quantitatively, the data reveals a different story. Music listenership is up, according to the IFPI. Revenue collections from CISAC, the international trade body representing collective management organizations was up 28% in 2022. Simply, more music would mean more return, especially for firms that own much of the music that is consumed, such as funds like Hipgnosis, Round Hill or Primary Wave or the three multinationals, Universal Music Group, Warner Music and Sony Music. However, debt is now more expensive, and liabilities are outstripping return. Listening to more music is not enough.” #CMOs #CISAC #IFPI #Artists #UK #RecordingRights #Performers #Royalties #MusicRoyalties #Music #Musica #MusicIndustry #Musique #Musik #Copyright #Copyrights #Songs #Songwriters #Recordings #MusicPublishing #Streams #Streaming #MusicStreaming #LiveMusic #Global #RecordedMusic #RecordLabels #IndieMusic

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Luminate's 2024 Midyear Music Report is out! It dives deep into the first half of 2024, exploring key trends that shaped the industry. The report highlights the continuing rise of streaming, the evolving landscape of live entertainment, the growing influence of global markets and the changing nature of artist fanbases. Some highlights follow: 🎵 US On-Demand Audio Streams were up >8% over H1 2023 🌎 Latin is the fastest-growing genre in US ODA streaming compared to H1 2023 👩‍🎤 43 of 46 artists with 1B+ US On-Demand Audio streams in the first half of 2024 had major distribution listed on their most-streamed track 🎙 Indie artists made up 62% of all artists who accumulated between 1M and 10M US On-Demand Audio streams in H1 of 2024 🎸 According to Luminate’s consumer research data, live music events made up 64% of all music-related money spent amongst US music listeners 🎮 Analysis of select tracks included in Fortnite Festival announcements showed an average lift of 9% in ODA streaming 📺 Usage of YouTube Shorts grew between Q2 2023 and Q2 2024, closing the gap of TikTok's lead amongst US music listeners 🌎 Artists from Mexico, Brazil and France increased their Global Audio streaming share the most in the first half of 2024 compared to FY 2023 🎶 Premium streaming accounted for 58% of total On-Demand streaming share, meaning Ad-Supported streams made up 42% 💿 The Top 10 US physical albums of 2024 carried an average of seven different LP variants, 13 CDs and two Cassettes Access the full report here: https://lnkd.in/g4nSZ6BC Thank you to the whole Luminate team who delivered this including: Jaime Marconette, Meghan Fell Avanzino, Jimmy Harney, Nick Lanzafame, Alexia Chicles, Alexandra Chan, Paul Tuch and Tyler Moore!

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