Category Archives for "Music Industry News"

Believe It Or Not, Apple Music Is About To Surpass Spotify In The US

Apple Music

When we look at streaming subscriber numbers, it always looks as if Spotify is in a commanding lead with over 70 million paid users as compared to Apple Music’s 36 million. But as we’ve seen so many times before, statistics can be deceiving. According to an article in the Wall Street Journal (subscription required to […]

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YouTube Introduces Official Artist Channels

YouTube official artist channel

Up until now, official artists video channels were part of the record label-owned Vevo, much to the chagrin of Google-owned YouTube, but now the platform is fighting back by launching its own version of artist channels. Starting this week all unofficial channels will be consolidated into one YouTube artist destination. Vevo stands for “Video EVOlution” and […]

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February 2, 2018

NOI LOOKUP May Make It Easier To Get Paid From Spotify

NOI Lookup

Spotify has been in running battles with songwriters and publishers for the last year over the fact that the platform was playing music without complete copyright information, and therefore without a license. This has resulted in several lawsuits against the streaming giant, with more threatened. A new free service launched recently by SXWorks, a subsidiary of […]

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Songwriters Getting A 44% Boost In Pay From Streaming

CRB songwriters

While payouts averaging $0.005 to $0.007 to artists from streaming seems pretty minimal, it’s even worse for songwriters, who generally only see about a tenth of that revenue. That’s why the recent ruling by the Copyright Royalty Board’s (CRB) that awards songwriters a 44% increase is so important. While still just a fraction of what […]

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January 29, 2018

Legendary Producer Quincy Jones Wants To Create Music Stock Index Fund

Quincy Jones

One way to invest in the stock market reasonably safely is by investing in an index fund, which is a type of mutual fund with a portfolio constructed to match or track a market index, such as the Standard & Poor’s 500 Index (S&P 500). Advantages of an index fund include broad market exposure combined with very low operating expenses, so it becomes sort of […]

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January 26, 2018

YouTube To Assign ISNI ID Numbers To Creators

isni logo

YouTube has decided to begin assigning ID numbers to creators using the International Standard Name Identifier (ISNI) initiative, which may be enough to other distributors to begin adopting the system as well. The platform will share ISNIs with its label and publishing partners in an effort to promote the standard. ISNI is the ISO-certified global standard number […]

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Is The MP3 Era Coming To An End?

MP3 era

Reports are that Apple is moving up its timetable for killing the MP3 download from its iTunes Store to later this year. Originally the company was planning on next year for end-of-life, but have accelerated the schedule thanks to quickly declining sales and the unprecedented growth of music streaming. There has been no official announcement […]

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January 10, 2018

With Jimmy Iovine Leaving, A Look Back At What Apple Got For Its $3 Billion Purchase Of Beats

Jimmy Iovine

Reports from all over the Internet suggest that Jimmy Iovine will be leaving Apple shortly after the stock he received in the company’s 2014 acquisition of his previous enterprise, Beats Electronics, vests in August. There’s been no denial or even suggestion that the story isn’t true, so it prompts a retrospective question – What exactly […]

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