Here’s the Music Industry News Roundup for the week of November 4rth, 2016. We’re coming to the end of the year, and as a result, starting to see a number of year-end stories. And it looks like the piracy argument will never die. Check it out.
YouTube Red is a bomb. It only managed to sign up 1.5 million subscribers in its first year, a pitifully small number.
On the other hand, Apple Music is coming on strong. Mostly because its users have more disposable income and trust the iOS environment.
The rumor is that Apple Music will soon be cheaper. Inside sources say that it will decrease to $8 a month by the holiday season.
Do A&R people follow online metrics of artists? Not as much as you might think, it turns out. When it comes right down to it, a real show with a real audience is a much better indicator of how good you are than an edited video.
Make way for the new hybrid record labels. Irving Azoff started the trend on the high end, but now there are indie labels attempting to do the same thing and build a label around today’s technology and mindset.
Pirated CDs are showing up on Amazon. The industry brings the pirated music issue up again, but the fact of the matter is that streaming has won, and this is a drop in the bucket revenue-wise.
Speaking of piracy, Facebook has banned several music sharing groups. That’s such an easy thing to do. Piracy may not be that big of a deal these days, but it’s still best to cut it off when you can.
YouTube makes a deal with GEMA. Good news for artists, labels and songwriters to get paid for their video views in Germany.
There’s a reason why tech companies are importing music execs. They just don’t know how to deal with artists and creatives, it seems. Whether this idea will work is yet to be seen.
The highest paid women artists – Forbes knows. And it’s exactly who expect them to be, but the amount they made last year is still staggering.
And finally, for the first time in long time, NPR has seen a large ratings increase. Politics may have something to do with it, but the state of radio in general is deteriorating as streaming takes over and the ad revenue dries up.
That’s the News Roundup of what went on in the music industry last week. Let’s see what next week brings.