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Here’s the Music Industry News Roundup for the week of January 27th, 2017. There’s lots of varied news that covers the spectrum of the music business. Here are some of the news highlights for the week.
Spotify wants to pay a lower royalty rate. It’s contract with the major labels is up, but it’s offer is to pay 14% less than it’s paying now. Good luck with that.
Spotify also has some big loan payments soon. Which is why the rush for the company to go public this year.
Pandora thinks it can take on Apple Music and Spotify. Maybe, but it has a long way to go. This article provides its plans.
32 online music services have shut down in the last 5 years. It’s getting tough out there unless you’re one of the big boys.
Sony wants to keep its music division. It plans on selling the film studio, but music is making too much money to cut loose.
Artists can make money from YouTube’s new Super Chat feature. It’s a pay-to-comment feature that the service hopes will add some revenue to the artist’s coffers. It’s also killing the Fan Funding feature in the process.
Google Play Music is testing an auto-play option. It’s unique in that it resumes play at the spot where you left off when you launch an app.
Music has to lead the way for VR to succeed. That’s going to be difficult, as most creators still view audio (let alone music) as the poor step-child to the picture.
Movie trailers may be the best marketing for an artist. At least that’s what this Atlantic Records exec thinks.
It looks like protest music is making a comeback. We can thank our new president for that.
Some of the copyright changes that the industry hoped for might not happen. The new administration is strangely silent on the matter, which scares music insiders.
That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!