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FYI

CIMA Relaunches Weekly Indie Charts

The CIMA 20 chart ranks the top 20 Canadian artist album packages and The CIMA 40 ranks Canadian and international album packages.

CIMA Relaunches Weekly Indie Charts

By FYI Staff

CIMA, in partnership with BuzzAngle Music, has resumed publishing weekly Canadian independent-only music charts, the CIMA 20 and CIMA 40. 

The CIMA 20 chart ranks the top 20 Canadian artist album packages and The CIMA 40 ranks Canadian and international album packages.

The two charts represent the market success of independent artists in Canada, by ranking their current album packages encompassing music sales, downloads and streams.

Link here to view both.

CIMA
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Music Streaming Illustration by Michael M. Santiago/Getty Images

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LyricFind Sues Rival Musixmatch in Antitrust Suit Over ‘Unprecedented’ Warner Licensing Deal

The lawsuit claims that a "first-of-its-kind" agreement between Musixmatch and Warner Chappell means streamers like Spotify will have "no choice" about where to get lyrics.

LyricFind is suing Musixmatch over allegations that its rival struck an exclusive licensing deal with Warner Music Group (WMG) that’s “unprecedented in the music industry” and is aimed at securing an illegal monopoly for providing lyrics to streamers like Spotify.

In a complaint filed Wednesday (March 6) in San Francisco federal court, the Canadian-founded company LyricFind accuses Musixmatch and private equity owner TPG Global of violating federal antitrust laws by signing the deal with Warner Chappell Music (WCM), the publishing division of WMG, claiming it was designed to crush competition.

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