Category Archives for "Music Industry News"
It’s been a long time coming, but SoundCloud has finally announced its new SoundCloud Premier program that allows artists on the platform to monetize the streams they’re getting. There are still some questions about the program and exactly how much will be paid out, but just launching it is a big step in the right […]
Continue readingIt’s been a very long road but the Music Modernization Act (MMA) was finally signed into law by the President yesterday after the bill was previously unanimously approved by both the House and the Senate. Congratulations to all the industry organizations that put major effort into making this a reality! The new law helps not only […]
Continue readingThe IFPI released its annual Music Consumer Insight Report, and as usual, it has data that confirms suspicions and also surprises. This is a truly a global look at music consumption since the data was collected by AudienceNet from a wide demographic aged 16-64 from Argentina, Australia, Brazil, Canada, France, Germany, Italy, Japan, Mexico, Netherlands, […]
Continue readingNow that some of the dust has settled on SiriusXM’s $3.5 billion acquisition of streaming service Pandora, things have become a little clearer on why the deal makes sense for both parties. Although the all-stock transaction was announced last month, it’s expected to close in the first quarter of 2019. This is a win/win if […]
Continue readingAs you may or may not know, all the services that record labels provide are available for hire under the banner of “label services.” That means that if you want the promotion abilities of Warner Music, for example, they can be available to you for a fee with no other contractual strings attached (in other […]
Continue readingThe giant Tencent Music Entertainment (TME) streaming service out of China has filed for an IPO to go public in the US, which is a big deal in itself. What’s just been revealed is that both Sony Music and Warner Music have invested $200 million in the company prior to the IPO according to the […]
Continue readingRecently I posted about how the streaming services are losing subscribers through family plans, when a user invites people into a plan from outside the family. This is especially the case for Spotify, who reportedly is suffering from this problem more than other streaming services. Now the company has taken the unusual attempt to stop […]
Continue readingLed Zeppelin’s “Stairway To Heaven” is certainly one of the the era’s most iconic rock songs but it’s been wrapped up in a lawsuit that can’t seem to come to a close. The estate of the late Randy California of the band Spirit sued the members of Led Zep for stealing parts of “Stairway To Heaven” from […]
Continue readingHere’s one to keep an eye on as it can open up a whole new set of artist/label lawsuits. The estate of the late 60s pop start Ricky Nelson has filed a class action lawsuit against Sony Music over streaming royalties. The suit alleges that Sony assessed an intercompany charge on international streaming royalties, and as […]
Continue readingA music video for a song is pretty much a requirement these days since YouTube is such an important tool for getting music out to both current and potential fans. That said, video production can get crazy expensive, especially if you’re hiring pros, but it doesn’t have to be that way. You can do it […]
Continue readingAs previously posted, Spotify is now doing both direct deals with artists, and allowing them to directly upload their content onto the platform. There have been a lot of announcements to that effect, but not much on exactly what an artist receives when it comes to royalty payout – until now. Music Business Worldwide did […]
Continue readingIn a surprise announcement, Spotify will now allow indie artists to bypass distributors like CD Baby and TuneCore and directly upload their songs to the platform. Best of all, there will be no charge to do so, relieving artists from paying the nominal fees that distributors charge for the service. The upload feature will be available via the […]
Continue readingWe all love to go to concerts but a lot of us don’t go as much as we’d like to primarily because of the prices. While the face value of a concert ticket might be reasonable, the fact of the matter is that we usually can’t find good tickets available as they’re purchased before we […]
Continue readingThe Music Modernization Act overhaul of music copyright passed the Senate unanimously yesterday, following the House of Representatives previous unanimous vote as well. While this is excellent news for the industry, the bill must now go back to the House for approval since it was changed quite a bit from the original bill, then go to […]
Continue readingAmazon Music has introduced a new series of exclusive recordings called “Produced By…” with the first batch coming from Grammy-winning artists that include Al Green, John Prine and Margo Price. The twist is that Amazon doesn’t actually own these recordings, as the original label retains all the rights. The premise of the “Produced By..” series […]
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