344 episodes

SETLIST is the music business podcast from CMU

Setlist Complete Music Update (CMU)

    • Music
    • 4.9 • 43 Ratings

SETLIST is the music business podcast from CMU

    The music business in 2024

    The music business in 2024

    In this special edition of Setlist, Andy Malt and Chris Cooke dive into topics covered in CMU's latest series of masterclasses, which look at the music business in 2024. We talk through key trends in streaming, copyright, AI and more.

    SECTION TIMES
    01: The music business in 2024 (00:04:58)
    02: Music streaming in 2024 (00:12:51)
    03: News in brief (00:19:55)
    04: Music copyright in 2024 (00:22:51)
    05: Music and AI in 2024 (00:33:01)
    (Timings may be slightly different due to adverts)

    CMU'S 2024 MASTERCLASS SESSIONS
    Get an expert overview of the topics that will define the music business in 2024, including copyright, streaming and AI, as well as economics of streaming developments.

    The four sessions discussed on this edition of Setlist are available to watch on demand, with four more still to come.

    Find out more and book all eight sessions for just £299 including VAT here

    NEWS IN BRIEF
    • Apple faces €500 million fine after Spotify-prompted EU competition investigation
    • EU to investigate TikTok over online safety concerns
    • Universal splurges almost quarter of a billion dollars to buy KKR out of Chord Music
    • Music industry’s billion dollar damages win in Cox case overturned
    • Sam Mendes’ Beatles biopics

    • 40 min
    When arts funding and politics collide

    When arts funding and politics collide

    On this week's show we discuss questions and potential legal action over the politicisation of arts funding, as Kneecap are denied money by the British government and Arts Council England issues new guidance for anyone thinking of being controversial, plus the legal battle over royalties currently brewing between MLC and Pandora, and more.

    SECTION TIMES
    01: Arts funding (00:04:23)
    02: News in brief (00:14:54)
    03: MLC v Pandora (00:16:46)
    (Timings may be slightly different due to adverts)

    THIS WEEK'S MAIN STORIES
    • UK Business Secretary Kemi Badenoch’s decision to block MEGS funding for Kneecap “unlawful” says band as it prepares legal action
    • Arts Council says free speech and controversy is fine, but please follow a detailed risk assessment first
    • MLC sues Pandora over unpaid royalties

    NEWS IN BRIEF
    • Tributes pour in as BBC radio presenter Steve Wright dies
    • Musicians' Union reluctantly reaches deal with English National Opera over orchestra cutbacks
    • NTIA says nightlife faces cultural crisis after 400 club closures since 2020
    • As another grassroots venue closes, MVT renews calls for a ticket levy

    ALSO MENTIONED
    • Music industry welcomes German ruling holding TikTok liable for unlicensed content

    • 23 min
    AI developments cause celebration and concern

    AI developments cause celebration and concern

    On this week's show we discuss new developments on AI in the EU and UK that have given the music industry cause for both celebration and concern, and the commercial radio industry's anger as BBC Radio looks to give music fans more choice.

    SECTION TIMES
    01: AI regulation (00:05:24)
    02: News in brief (00:15:52)
    03: BBC Radio (00:19:11)
    (Timings may be slightly different due to adverts)

    THIS WEEK'S MAIN STORIES
    • Music industry welcomes EU member states agreeing AI Act
    • Planned UK code of practice on copyright and AI shelved
    • Government needs to "urgently reconsider" approach to copyright and AI, says culture committee Chair
    • Commercial radio sector calls on OfCom to block BBC's plans for four new radio stations

    NEWS IN BRIEF
    • Spotify CEO slams Apple in earnings calls and hints at more job cuts
    • Warner Music’s Kyncl goes big on importance of major labels and data, says he is confident UMG TikTok dispute will be resolved
    • Michelle Jubelirer stands down as Capitol CEO as Universal Music restructure goes into effect
    • Indie labels say Apple's new payment model will take money from their artists to benefit the majors
    • Megan Thee Stallion marks “beginning of a new chapter” with Warner deal

    ALSO MENTIONED
    • Music mogul Irving Azoff and Apple exec Eddy Cue build their ultimate golf course (Golf Digest)
    • And Finally! Irving Azoff and Eddy Cue’s new golf course is open for business. And no, you can’t join

    • 26 min
    Universal and TikTok accuse each other of “bullying” and “greed”

    Universal and TikTok accuse each other of “bullying” and “greed”

    On this week's show we discuss Universal and TikTok’s big bust up that has seen the major label’s music removed from the social network, the damning report on the “boys’ club” music industry and how it holds women back, and more.

    SECTION TIMES
    01: UMG v TikTok (00:02:49)
    02: News in brief (00:13:57)
    03: Misogyny In Music report (00:17:20)
    (Timings may be slightly different due to adverts)

    THIS WEEK'S MAIN STORIES
    • Universal Music is going to war with TikTok, accusing the social media giant of bullying and intimidation
    • TikTok accuses Universal of “greed” and “false narrative”, begins removing tracks
    • Misogyny remains “endemic” in “boys’ club” music industry says UK parliamentary report

    NEWS IN BRIEF
    • Lords committee calls on government to clarify copyright obligations of AI companies
    • 71% of music creators fear multi-billion dollar music AI business could stop songwriters from earning a living, says new report
    • Music industry celebrates YouTube passing 100 million premium subscribers
    • UK government publishes new UK streaming transparency code

    ALSO MENTIONED
    • RIAA welcomes US government's latest piracy reports, but urges a "close look" at voice cloning sites
    • Read the full 'Misogyny In Music' report
    • The F-List’s Vick Bain on UK Parliament’s Misogyny In Music report and the industry’s next steps

    • 23 min
    Apple Music’s “spatial audio bonus” favours major labels

    Apple Music’s “spatial audio bonus” favours major labels

    On this week's show we discuss how Apple Music's "spatial audio bonus" will benefit major labels to the detriment of independent labels and creators, the report finding that on average two grassroots music venues per week closed down in the UK in 2023, and more.

    SECTION TIMES
    01: Apple Music (00:04:23)
    02: News in brief (00:11:43)
    03: Music Venue Trust report (00:14:26)
    (Timings may be slightly different due to adverts)

    THIS WEEK'S MAIN STORIES
    • Apple Music’s “spatial audio bonus” will favour major labels at the expense of small labels and creators
    • Two grassroots venues close down every week, according to new report from Music Venue Trust

    NEWS IN BRIEF
    • Madonna and Live Nation will "vigorously" defend late show start lawsuit
    • American musicians' union begins talks over AI and streaming with the Hollywood studios
    • Spotify uses EU Digital Market Act blog post to take potshots at Apple, announces superfan clubs
    • Publishers hit back at Anthropic's claim that AI copyright cases should be filed in "its Silicon Valley backyard"
    • Hipgnosis Song Management “cherry picked assets” for proposed sale to Blackstone says latest briefing from Hipgnosis Songs Fund

    ALSO MENTIONED
    • BRIT Awards nominations finally balance gender, genre and independence
    • MVT Annual Report

    • 18 min
    The new certification for “respectful” AI companies

    The new certification for “respectful” AI companies

    On this week's show we discuss the new certification for "respectful" generative AI companies that get permission before training their models on copyrighted content, redundancies at Pitchfork as its team is merged with men's magazine GQ, and more.

    SECTION TIMES
    01: AI certification (00:05:15)
    02: News in brief (00:15:16)
    03: Pitchfork (00:18:29)
    (Timings may be slightly different due to adverts)

    THIS WEEK'S MAIN STORIES
    • Former Stability exec Ed Newton Rex launches Fairly Trained AI certification
    • Job cuts at Pitchfork as its team is merged in with GQ

    NEWS IN BRIEF
    • Council Of Music Makers sets out its five key priorities ahead of ministerial review of economics of streaming work
    • Council Of Music Makers memo
    • UK’s IPO to look at neighbouring rights and reciprocal payments to foreign performers
    • UK's largest nightclub operator heading into administration
    • Universal Music to lay off hundreds says Bloomberg: company responds and says it will create “efficiencies”
    • Apple changes App Store rules following Supreme Court announcement, but Epic vows more legal action
    • Spotify hits out at Apple's "outrageous" new App Store rules

    ALSO MENTIONED
    • Music data white paper

    • 22 min

Customer Reviews

4.9 out of 5
43 Ratings

43 Ratings

Cue-Ball Z ,

REALLY REALLY REALLY

Really really informative if you are interested in the inner workings of the music industry.

Ace Bermuda ,

Necessary and entertaining

Always useful and interesting, love these guys!

ZiggyRex ,

Always good

A staple of Music Industry news output. Insights delivered in very fun and easily digestible way from the CMU team.

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