IPO Archives

UK music industry pledges to improve streaming metadata

02/06/2023

UK music industry pledges to improve streaming metadata although it appears that the focus is on the commercial with little said over the other aspects of information tagging. The voluntary agreement is the work of the UK’s Intellectual Property Office (IPO) chaired working group of industry experts, who met throughout 2022. This initiative forms part of the UK Government’s programme of work to address issues identified by the DCMS Select Committee’s Inquiry into the Economics of Music Streaming. The […]

UK music copyright infringement sees slight decline in 2021

11/01/2022

UK music copyright infringement sees a slight decline in 2021 despite a small increase across all content categories according to the Online Copyright Infringement Tracker Survey (11th Wave) conducted by the UK Government’s Intellectual Property Office (IPO). The report is based on a survey of 5000 nationally representative individuals aged 12+ and 50 in-depth interviews of 16+ adults conducted between 21/03/21 and 24/04/21. This was a time when the UK was in lockdown and consumption […]

1 in 5 Brits listen to pirated music

01/03/2020

1 in 5 Brits listen to pirated music according to a new report from the UK’s Intellectual Property Office (IPO) entitled Online Copyright Infringement Tracker. The report is the ninth in a series of reports originally commissioned by Ofcom in 2012 to ‘monitor the impact of new online platforms on infringement behaviours.’ The overall summary reported that ‘For all categories, consumption (i.e. downloading, streaming/accessing content online) remained consistent or increased since the previous wave’ with […]

Sonos goes public on Nasdaq

05/08/2018

Sonos listed on the Nasdaq (Thursday 2nd August) raising $208 million making it the 2nd-largest consumer discretionary IPO of 2018, the share prospectus initially valuing the company at $1.8 billion. The shares were offered at $15 and after an initial surge followed by profit taking the share price is fluctuating around $20 per share giving the company a market capitalisation (5th August 2018) of just under $1 bn. Sonos files to go public Despite […]

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China’s Tencent Music looks to go public in US

01/08/2018

Hong Kong based Tencent Holdings has submitted a proposal to the Hong Kong Stock Exchange to spin-off its Tencent Music Entertainment Group (Tencent Music) on the New York Stock Exchange. Tencent Music is the leading online music entertainment platform in China and Chinese media sources believe that Tencent Music will be valued at between $29 bn and $31 bn after this flotation. The Initial Public Offering (IPO) is expected to raise up to $4 bn […]