License This… Please: Synch Revenues Still Under Serious Pressure
The current publishing puzzle started with marked mechanical income declines, though performance and synchronization streams are also under pressure. Undoubtedly, the macro-economy is playing a significant role, but a decline in mechanicals is also boosting publisher competition for synch licenses across film, television, and online productions.
What Warner Music Is Teaching Us About Publishing…
Publishing is losing its veneer of stability, thanks partly to an incredibly unstable recording cousin. The continued downturn within recordings is causing more problems for mechanical royalty streams, and a recent Warner Music Group earnings call reaffirmed the trend. During the most recent quarter, mechanicals slipped 20.4 percent year-over-year on a constant currency basis. Overall, WMG publishing revenues dipped 12.5 [...]