Post-COVID pay cuts and Jay-Z's love chat

CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including Live Nation's planned changes to artist agreements post-COVID that will mean performers receiving lower fees and taking on more risk, plus Jay-Z and Beyonce being sued for allegedly using a spoken word recording on their track 'Black Effect' without permission.

SECTION TIMES
01: Artists face lower pay, higher risks for live shows post-COVID (00:02:59)
02: Jay-Z and Beyonce sued of ‘Black Effect’ spoken word section (00:18:31)

STORIES DISCUSSED THIS WEEK
• Live Nation memo confirms promoters want artists to share the risk when the live industry swings back into action (https://completemusicupdate.com/article/live-nation-memo-confirms-promoters-want-artists-to-share-the-risk-when-the-live-industry-swings-back-into-action/)
• Beyonce and Jay-Z sued over Black Effect monologue
(https://completemusicupdate.com/article/beyonce-and-jay-z-sued-over-black-effect-monologue/)

ALSO MENTIONED
• EMI Records is “reborn” (https://completemusicupdate.com/article/emi-records-is-reborn/)
• The 40 year old Virgin announces birthday plans (2013 report)
(https://completemusicupdate.com/article/the-40-year-old-virgin-announces-birthday-plans/)

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