Tag Archives for " Metallica "
Here’s the Music Industry News Roundup for the week of January 20th, 2017. We’re back in the swing of things as everyone hits the ground running in the new year. Here are some of the news highlights for the week.
There’s speculation that Sony Japan is tiring of the entertainment business and might now want to sell out. That means Sony Music and Sony/ATV publishing as well. Could the 3 major labels soon be down to 2?
It looks like Sirius XM is still interested in buying Pandora. But only at the right price. Pandora is in trouble, so that price is sure to be coming down to where Sirius likes it soon.
There are predictions that the US radio industry is going to change big time soon. Back to local and away from big station groups, as iHeartRadio is in big financial trouble that could start the change. This is a good thing.
The long term trends in radio don’t look good. Despite what you might read, fewer people are listening to radio, a figure that looks like it will only decrease. Is it because of the product (too many commercials) or the format? Could a big industry shakeup change the trend?
Norway shuts down its analog radio system. It’s trying to make a clean shift to digital. This is for national stations only though, as lots of independent analog stations will still stay on the air.
Facebook has decided to stop paying publishers for live videos. It seems like this was just a short term deal to establish the format and now it wants to put more emphasis on long-form videos instead. This is no-doubt because it will soon be inserting mid-roll ads after 20 seconds, so the longer the video, the better.
Apple is looking to produce TV content. Could this be Netflix/Amazon envy, or has it just lost confidence in the core product of Apple Music?
The hottest selling metal records of 2016 holds a surprise. Metallica holds 6 of the top 10 spots and is still selling physical product like crazy.
Music streaming now has more paying users than Netflix. Of course, Netflix is only one company, while the more than 100 million music streaming subscribers is across all the streaming networks world-wide.
10 virtual reality observations. Will it be the next big thing? It could be, but probably not in the way you think.
That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!
Well, this may seem odd. Metallica has uploaded all 10 songs of its latest album Hardwired….To Self-Destruct to its YouTube channel. That means that fans can get the album online for free.
Wasn’t Metallica the band that lead the charge against Napster way back when, making a case against free online music? And isn’t the band’s management, Q-Prime, one of the leaders in railing against YouTube as “the devil,” stating that “If someone doesn’t do something about YouTube, we’re screwed. It’s over. Turn off the lights.” Yep, one in the same.
So did a record label upload the songs against the band’s wishes? No, that didn’t happen either, since the band owns this album outright and released it on its own label called Blackened Recordings Inc.
The fact of the matter is that the band and management is just being pragmatic and understands that the music game is now played differently in 2016 than it was way back in 1999. If the band didn’t upload the songs themselves, then within 10 minutes of its release the fans would’ve done it anyway. At least this way Metallica has at least some control over the situation and has a chance to monetize the videos. Sure, it’s not at a rate that anyone wants, but at least doing it this way allows them to maximize the little they’ll bring in. Plus, they’ll incentivize fans to continue to visit the band’s YouTube site and other online properties, which will be valuable down the line for marketing tours, mech and other releases.
So on the surface, this might seem like a sellout (as was the band’s recent return to Napster after 17 years), but the fact is that they’re doing what every artist should be doing today, and that’s maximizing its social authority and keeping fans in the right places, rather than have them scattered around online.
Here’s the Music Industry News Roundup for the week of November 18th, 2016. Lots on the legal front this week, and streaming news is back strong again. Let’s get into it.
The Justice Department wants BMI to collect fees in a different way. It asked for “full work licenses” where all songwriters must agree to a license, but lost the argument in court recently. It has now announced that it will appeal. Not good for the publishing business if it wins as licensing will get a lot harder if there are multiple songwriters involved.
A long list of music industry associations have asked the US government to support European copyright actions aimed at YouTube. They’re hoping that the royalty payout from YouTube ultimately rises to that of Spotify or Apple Music. This is a long shot at best, but certainly worthy of continued discussion.
Some insiders think that Trump might be good for business. They site the close ties of the Obama administration to Google. Good luck with that one.
Prince’s estate is suing Tidal. It says that the streaming service has been illegally streaming a number of the superstar’s albums without a license. This could end up being the death knell for the service.
Google Play Music rolled out some new features. Improvements to the user interface include contextual song recommendations, which are garnering kudos all around. This could end up being a big deal, as Apple Music is generally thought of as clunky to use, while Spotify as a little stodgy in its UI.
Amazon launched Amazon Music Unlimited in Europe to much fanfare. It’s now available in the UK, Germany, and Austria. And the service rolled out a Family Plan as well.
More than a quarter of all music streaming subscribers hop around. They go from service to service on the free plans with different email addresses, according analyst Mark Mullligan. Not good that they can’t be converted.
Spotify now driving concert ticket sales. It’s now sending out emails to subscribers with ticket offers.
BMG going all in with Alibaba in China. It had signed a 2 year deal to supply music to the Chinese giant, and now extended the agreement for 3 more years.
Metallica’s music returns to Napster. 17 years after the group had a collective thrombo over the music service, their music is back on the platform. We’ve come full circle on that one, haven’t we?
That’s the Music News Roundup of what went on in the music industry last week. Let’s see what next week brings.