MediaNet Blog

RECAP: What Brexit Means For The U.K. Music Business, Led Zeppelin Wins In Court, Ticket Bots Under Attack

Posted by Glen Sears, Editorial Content Manager | June 27, 2016 9:32 am | No Comments

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Story of the Week

What Brexit Means For The U.K. Music Business
The British music industry and wider touring business faces a turbulent future after the United Kingdom voted to leave the European Union (EU). Thursday’s historic referendum saw 52 percent of the electorate vote to exit the EU – dubbed Brexit – with more than 30 million people voting, the country’s highest turnout at an election in over 20 years.

The implications for the music industry are similarly grave with the decision to leave the economic stability of the EU anticipated to impact heavily on the live sector. A members’ survey conducted before the vote by the labels trade group BPI found that a two-thirds majority opposed Brexit on the grounds that going alone would carry grace consequences for the U.K. music biz.

“We’re stunned and saddened at the UK’s decision to leave the EU family,” Beggars Group founder and chairman Martin Mills said of the news in an email to his staff provided to Billboard. “While we digest the consequences, we’d just like to re-assure you all that the Beggars family is, always has been, and always will be, international, with no frontiers.”

Read the entire story on Billboard.

Top Music News Stories

European Commission, IFPI, BPI, AIM and Others’ Full Statements on Britain’s Exit. “We regret this decision but respect it.”

Led Zeppelin Wins ‘Stairway to Heaven’ Jury Trial. The jury — eight California citizens — delivered its verdict that the plaintiff owned the copyright to “Taurus,” that Led Zeppelin members indeed heard it, but that there was no substantial similarity in the extrinsic elements of “Taurus” and “Stairway to Heaven.”

Inside the Music Industry — and Congress’ — Fight Against Ticket Bots. “I don’t know how people in the first 30 rows get their ­tickets,” Q Prime’s Peter Mensch, ­longtime Metallica and Red Hot Chili Peppers co-­manager, told Billboard in January. “But none of my friends seem to be able to do it. And no one seems to care.”

U.S. Copyright Office Modernizes Key Part of Digital Licensing. The U.S. Copyright Office has taken an important step, finally making it possible to file compulsory licenses digitally.

Irving Azoff Calls On Music Industry To “Work Together.” “The music industry has never been more powerful and popular and we as an industry have never done a shittier job of rallying together as one industry.”

Pandora Listeners Added 1 Million New Music Stations In First 24 Hours. Each week, Pandora’s music team will handpick recently released music for each New Music Station blending emerging, underground and well-known artists across 9 genres.

Spotify, IHeartMedia Sued Over Audio Playback Patents. As the value of music streaming has grown, so have the legal action surrounding it—Spotify and iHeartMedia are the latest targets.

Our best wishes for a great week! – MediaNet

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RECAP: Artists Petition Against DMCA, Apple Slams YouTube, TuneCore & SOCAN Deliver Huge Payments

Posted by Glen Sears, Editorial Content Manager | June 20, 2016 9:30 am | No Comments

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Story of the Week

Taylor Swift, Paul McCartney Among 180 Artists Signing Petition For Digital Copyright Reform
In an ad that will run Tuesday through Thursday in the Washington DC magazines Politico, The Hill, and Roll Call, 180 performers and songwriters are calling for reform of the Digital Millennium Copyright Act, which regulates copyright online. A range of big names from every genre signed the ad — from Taylor Swift to Sir Paul McCartney, Vince Gill to Vince Staples, Carole King to the Kings of Leon — as did 19 organizations and companies, including the major labels.

Artists are usually reluctant to get involved in copyright policy debates, but several signed an April 1 petition on the same topic. Like the petition many artists signed in 2012 against the Internet Radio Fairness act, which would have lowered online radio royalties, this represents a rare case in which most of the music business agrees on something.

Two other artists have been especially critical of YouTube. Trent Reznor, no stranger to technology given his role at Apple Music, told Billboard on June 13 that YouTube was “built on the backs of free, stolen content.” Nikki Sixx’ band Sixx:A.M. also wrote a detailed open letter to YouTube, appealing to Larry Page, chief executive of Google’s parent company Alphabet, to better compensate musicians. Last week, YouTube responded, in a statement to Music Business Worldwide that said “the voices of the artists are being heard.”

Read the entire story on Billboard.

Top Music News Stories

Apple Says YouTube Is “Built On the Backs of Free, Stolen Content.” “Personally, I find YouTube’s business to be very disingenuous. It is built on the backs of free, stolen content and that’s how they got that big. I think any free-tiered service is not fair. It’s making their numbers and getting them a big IPO and it is built on the back of my work and that of my peers. That’s how I feel about it. Strongly.”

Why Apple Music Matters So Much To Apple. Apple is building a new narrative for Wall Street that focuses on the revenue it generates from its existing customer base (in order to distract attention from slowing device sales). Apple Music is the proof of concept. If it gets Apple Music right it will demonstrate its ability to deliver on best-in-class digital services.

Twitter Makes A Massive $70 Million Investment In SoundCloud. Both companies could use some help—Twitter has been punished by Wall Street for its inability to add users at a rapid clip; SoundCloud’s flat valuation indicates that investors are also worried about its own growth prospects.

Rhapsody Rebrands As Napster But Promises ‘No Changes.’ “No changes to your playlists, favorites, albums, and artists. Same music. Same service. Same price. 100% the music you love. Stay tuned!

Guvera $75M IPO Blocked By ASX, Future Of Music Streamer In Doubt. In an almost unprecedented move, the Australian Securities Exchange (ASX) has rejected a $75 million IPO by international music streamer Guvera just one day after its was approved by the Australian Securities and Investments Commission.

Federal Court Upholds FCC’s Net Neutrality Rules. The 2-1 ruling from the U.S. Court of Appeals for the District of Columbia Circuit is a win for the Obama administration, consumer groups, and content companies such as Netflix that want to prevent online content from being blocked or channeled into fast and slow lanes.

SOCAN Reports Record Figures For Canadian Creators In 2015. The PRO brought in $307.8 million in total domestic and international royalties, the first time in its history exceeding $300 million in total revenues from the performance of the music of its more than 135,000 songwriter, composer and music publisher members.

TuneCore Artists Earned $42 Million Last Quarter, Up 16%. Revenue from music streaming services like Spotify, TIDAL, Deezer and Rhaposdy has grown significantly, according to the digital music distributor.

RIAA Writes to Judge About Controversial Ruling Over Remastered Sound Recordings. Despite the view that the RIAA might find the remastered ruling beneficial — some have even argued that remastered albums might allow record companies to avoid copyright termination — the recording industry’s top trade group appears to be siding with ABS in this fight.

Our best wishes for a great week! – MediaNet

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RECAP: Amazon Standalone Streaming Rumors, Majors’ Deal With Publishers, RIAA Battles Pirate Bay

Posted by Glen Sears, Editorial Content Manager | June 13, 2016 8:23 am | No Comments

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Story of the Week

Amazon to Launch Standalone Music-Streaming Service
Amazon’s Prime Music has, through its inclusion in the broader Prime membership, quietly become one of the most popular music-streaming services in the world. Now Amazon is planning to launch a standalone version, including a cut-price subscription option for owners of Amazon’s Echo connected-speaker.

Rumours of the service have been bubbling for some time: back in January, there were reports of Amazon holding licensing talks with music rightsholders for a standalone service. Over the weekend, Reuters reported that those plans have progressed: the $9.99 service will “likely be launched in late summer or early fall” with a “competitive catalogue of songs” to rivals.

Another $9.99-a-month streaming service may not be cause for wild celebrations, but plans to cut its price for owners (or new buyers) of Amazon’s Echo speaker are more interesting. We’ve been hearing rumours that ‘Project Purple’ (as one source described it to us) would see Echo owners pay $2-$3 a month to access the service from just that speaker.

Read the full story on Music Ally.

Top Music News Stories

Two of Three Majors Reach Settlement with Publishers on Digital Sales Rates. While the NMPA and sources at UMG & WMG wouldn’t comment — beyond confirming the agreement — sources tell Billboard it will keep mechanical rates flat for track downloads and CDs and that the mechanical rate, if approved by the CRB, would remain at the current rate of 9.1 cents per song; and 24 cents for ringtones.

SoundExchange Calls for Appeal of New Webcasting Rates, Saying They ‘Erode the Value of Music In Our Economy.’ “SoundExchange believes, respectfully, that the webcasting rates set by the Copyright Royalty Board in the Web IV proceedings do not reflect a fair market price for music and will erode the value of music in our economy,” according to a statement on its website.

Rhapsody/Napster Restructures, Laying Off Staff, Closing San Francisco Office. “As part of our plan to better position Rhapsody/Napster for long-term profitability and accelerated growth in a competitive global market, we have a new, streamlined structure for the company that unfortunately impacts a number of positions across our global offices.”

RIAA Demands Takedown Of ThePirateBay.Org, EasyDNS Refuses. Following The Pirate Bay’s return to its original .org domain, the RIAA has demanded that the popular search engine be once again taken down, a request complicated by the fact that there doesn’t seem to be much legal precedent to do so.

Inside the ‘Stairway to Heaven’ Lawsuit: Everything You Need to Know. As with 2015’s “Blurred Lines” trial, after which a jury ordered Robin Thicke and Pharrell Williams to pay $7.4 million (later reduced to $5.3 million) in damages for infringing Marvin Gaye’s “Got to Give It Up,” the stakes are high.

Our best wishes for a great week! – MediaNet

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RECAP: Kraftwerk Loses Landmark Sampling Case, MIDEM 2016 Recaps, Understanding Streaming Income

Posted by Glen Sears, Editorial Content Manager | June 6, 2016 9:41 am | No Comments

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Story of the Week

Kraftwerk Loses Round In Long Court Battle Over 2 Second Drum Beat
Electronic music pioneers Kraftwerk were dealt a legal setback after a German court ruled that a hip hop artist could use a two second beat sampled from a Kraftwerk track without infringing on their copyright. According to The Guardian, the court, based in Karlsruhe in south-west Germany, determined that the sequences in question were only seconds long and created a “totally new and independent piece of work”.

The decision overturned a lower court, which had ruled in favor of singer Ralf Hütter, who claimed that his copyright had been breached by the producer Moses Pelham in the song Nur Mir, German for Only for Me, sung by the rapper Sabrina Setlur. Pelham sampled the sequence from Kraftwerk’s track Metall auf Metall. While the sample was only two seconds long, it was looped in the Pelham’s track.

The ruling is widely seen as precedent-setting in Germany and addresses the complex legal issues of fair use and artistic freedom in regards to copyright.

Read the full story on Hypebot.

Top Music News Stories

TuneCore CEO: YouTube Is Not The Enemy – It’s A Goldmine Of ‘Found Money.’ As the major labels tanks rumble towards YouTube’s lawn, TuneCore CEO Scott Ackerman claims that independently distributed artists are increasingly seeing the video channel as both a goldmine and the greatest marketing weapon in their arsenal.

Canadian Rights Group SOCAN Signs Transatlantic Deal With SACEM. With the deal, announced Friday, SOCAN and its 135,000 members will be able to participate in large pan-European deals with digital service providers—the partnership entrusts SACEM to represent the European licensing and sales-processing for SOCAN, providing a single point of collection across the continent.

17% Of Fans Represent 61% Of All $’S Spent On Music. These are the consumers that used to spend $20, $30 or more each month on buying albums—now they spend $9.99.

Explainer: Understanding Streaming Music Income. Bobby Owsinski attempts to make sense of streaming income as he looks at why it varies so much, and why the sales parameters we set in the days of vinyl and CDs no longer apply in the digital age.

EDM Still Has Room For Growth, Contrary To Predictions. While there have been concerns within the industry lately that the popularity of EDM is in decline, the genre has been continuing to gain significant momentum outside of the US, suggesting it may remain one of the profitable areas of the music business.

Spotify Reportedly Prepping July Launch In Japan. Spotify finally appears to be gearing up for a July launch in Japan; Apple Music and several local companies have already launched there, but found the country’s usually tech savvy consumers slow to adopt paid streaming.

Catch Up On All Four Days of MIDEM 2016. Catch up on all the industry chatter from Day 1, Day 2, Day 3, and Day 4.

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RECAP: Music Piracy Costs Hundreds of Millions, SOCAN Releases New APIs, Spotify Gets Millions of DJ Mixes

Posted by Glen Sears, Editorial Content Manager | May 31, 2016 9:38 am | No Comments

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Story of the Week

Music Piracy Costs Europe $190 Million a Year, EU Study Estimates
Music piracy has taken a small but noticeable bite out of potential profits for the recording industry throughout Europe, according to a new study by the European Union Intellectual Property Office. The report places an estimate on lost music sales in 19 EU states as a result of piracy in 2014, and comes up with a total of €170 million ($190 million), or 5.2 percent of all sales.

When broken down, that amounts to €113 million ($126 million) in lost digital sales and €57m ($63.5 million) in lost physical sales, the report finds. That’s the equivalent of 5.2 percent of the sector’s revenues from both physical and digital sales.

Two member states, Germany and the U.K., account for more than half of those losses. Europe’s biggest market, Germany lost €40 million ($44.5 million) in sales due to piracy, while the U.K. lost €49 million ($54.6 million). In France, where physical sales make up two-thirds of music sales, about €26.4 ($29 million) remained on the floor. And in the land of Spotify — Sweden — €8.9 million of the €9.1 million ($10 million) total lost was in digital formats.

Read the full story on Billboard

Top Music News Stories

SOCAN Launches APIs to Drive Music Royalties Innovation. The first two APIs announced today are “Song Registration” and “Concert Notification,” which enable writers to use new workflow apps and software to register their songs more accurately with their music publishers, labels, digital services, and SOCAN.

Spotify Cuts Dubset Deal To Add Millions Of Mixes. The MixBANK deal makes it possible for DJs to upload and legally stream their mixes and single track remixes, and enable Spotify listeners to stream radio shows and other user generated mixes that have not been previously legally available to music fans.

Global Electronic Music Industry, Worth $7.1 Billion Last Year, Sees Growth Slow. While growth in the sector is slowing — up just 3.5 percent year-over-year, the smallest chunk of a 59 percent increase over the past three — the electronic field is echoing the larger trends of the global recorded music industry as reported by the IFPI earlier this year.

David Lowery and Melissa Ferrick’s Lawsuits Against Spotify Get Combined. The suits were essentially the same in purpose and aim, and now Judge Beverly Reid O’Connell of the Central District of California has granted a motion for them to be consolidated.

Pandora Stock Up 32% On Sale Rumors. No specific suitors have been named, but Pandora has said that it is open to the right merger or acquisition — Pandora’s market cap is currently $2.61 billion.

iHeartMedia Wins Court Case Over Stock Shuffle Designed to Deal with Its Massive Debt. As the San Antonio Express-News reports, Judge Cathleen Stryker ruled in favor of the media company, which was brought to court on the transfer of 100 million shares — valued at over $500 million — from Clear Channel Outdoor Holdings to another subsidiary, Broader Media, LLC.

Spotify’s Discover Weekly Logs 40M Listeners, 5B Tracks Streamed. Discover Weekly is also proving good for artists, with 8,000+ artists having added more than half of their listeners in the last month from Discover Weekly alone.

The Two Spotify Charts You Need To See. Rights and associated costs accounted for 83% of Spotify’s 2015 revenue, up from 81% in 2014, and this resulted in a dramatic fall in Spotify’s gross margin per user: down from $4.20 in 2013 to $3.45 in 2015.

Shamrock Capital Advisors Close $250 Million Fund To Invest In Music Publishing, Record Masters, Other Intellectual Property. Shamrock Capital Advisors today announced the final closing of Entertainment IP Fund (EIP), a $250 million fund focused on acquiring or financing entertainment intellectual property rights including music publishing, recorded music masters, tv, film video games and other entertainment content.

Our best wishes for a great week! – MediaNet

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RECAP: New Streaming Research Drops, Dubset Opens to NMPA Members, Rhapsody Launches VR

Posted by Glen Sears, Editorial Content Manager | May 23, 2016 9:16 am | No Comments

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Story of the Week

New Research Claims Streaming ‘Black Hole’ Beyond Millennials
A new survey of British consumers suggests that people older than 35 may be being “left out in the cold” by music-streaming services. And while there’s a caveat here – the research was commissioned by Electric Jukebox, which is launching a streaming service aimed at exactly that demographic – YouGov’s 2,000-person survey still throws up some talking points.

The study claims that 16% of millennials – defined as 14-34 year-olds in this case – have music-streaming subscriptions, compared to 6% of Generation X consumers (35-55 year-olds) and 3% of Baby Boomers (over-55s). “Our research finds the older you are, the less likely you are to stream music and that if you’re over 35 you’re very unlikely to be a subscriber,” said CEO Rob Lewis.

Read the full story on Music Ally.

Top Music News Stories

Dubset/NMPA Deal Means New Income For Indie Artists, Publishers. Just weeks after groundbreaking deals with Apple Music and SoundCloud, Dubset has extended its MixBANK monetization platform to indie songrwriters and publishers that belong to the National Music Publishers’ Association.

SoundCloud Says Reports of DJ Mixes Being Pulled Are Wrong. Despite a report claiming the platform would be pulling down this type of content frequently in the wake of its deals with Universal Music Group and Sony Music, the company tells Billboard that “the story has no truth to it.”

YouTube Adopting New Tool For Faster, More Accurate Royalty Payments. It looks as though the service will soon be implementing a new data standardization tool which will help artists get clearer information regarding views and payments, as well as providing more accurate and efficient royalty accounting.

Pandora’s Biggest Shareholder Urges Sale of Company. In a cage-rattling letter to Pandora’s board of directors, Keith Meister said that Cortex now owns 9.9 percent and urged the streaming company to curb plans to diversify beyond ad-supported radio and explore a sale.

Is Terrestrial Radio Facing Its Judgment Day With Fierce Digital Competition? During a panel discussion at the Worldwide Radio Summit in Los Angeles on April 15, the moderator asked veteran programmer Jim McGuinn, formerly of modern-rock station WPLY (Y100) Philadelphia, why FM was no longer relevant to listeners in their 20s.

Rhapsody/Napster Launches First Virtual Reality Music App. At launch, Rhapsody VR features live performances of Talib Kweli performing his classic “Get By” and Flatbush Zombies performing “Bath Salt” and “Bounce.” There are also performances by The Blind Shake, Low Cut Connie, Sweet Spirit, Eli “Paperboy” Reed and Shannon and The Clams.

Universal Music Appeals Ruling Against VKontakte. Universal was one of the three international majors that filed a lawsuit against VKontake over copyright infringement back in 2014. The others, Sony Music and Warner Music Group, have since signed agreements with the social network.

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RECAP: ASCAP Settles With DOJ, SOCAN Acquires MediaNet, U.K. Announces Safe Harbor Review

Posted by Glen Sears, Editorial Content Manager | May 16, 2016 9:27 am | No Comments

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Story of the Week

ASCAP Pays $1.75 Million To Settle DoJ Investigation
The U.S. Department of Justice announced on Thursday that the American Society of Composers, Authors and Publishers (ASCAP) has agreed to pay $1.75 million to settle allegations that they had engaged in anti-competitive practices in violation of a court order. According to DoJ, ASCAP signed contracts with approximately 150 songwriters and publisher members that made ASCAP the exclusive licensor of their performance rights, despite provisions in a court order prohibiting ASCAP from interfering with its members’ ability to directly license their songs.

As part of the settlement, ASCAP has also promised not to enter into further exclusive contracts and agreed to reform its licensing practices to remove music publishers from overseeing ASCAP’s licensing.

“Settling this matter was the right thing to do for our members,” said ASCAP CEO Elizabeth Matthews in a statement announcing the settlement. “With these issues resolved, we continue our focus on leading the way towards a more efficient, effective and transparent music licensing system and advocating for key reforms to the laws that govern music creator compensation.”

Read the full story on Hypebot.

Top Music News Stories

SOCAN Predicts Dramatic YouTube Revenue Uplift As It Acquires Medianet. Canada-based collection society SOCAN has acquired B2B music tech provider Medianet in a bid to ‘ensure that creators and music publishers, including artists and all relevant rights owners, are properly compensated for their work.’

Medianet, SOCAN, YouTube And The Kobalt Effect. “SOCAN has seized the initiative with the Medianet acquisition, setting out its stall as a rights society that puts tech innovation, effective reporting and accountability at the centre of what it does for its members.” says Mark Mulligan, “It has also positioned itself as a contender for global successor of the GRD—consider this the first major repercussion of the innovation and transparency agenda that Kobalt set in motion.”

U.K. Government Announces Anti-Piracy Strategy, Safe Harbor Review. Published today, the “Protecting Creativity, Supporting Innovation: IP Enforcement 2020” policy paper sets out its four year strategy “to address the multiple and growing challenges posed by IP infringement and counterfeiting” across multiple creative and retail industries.

$300 Million – $600 Million US IPO Planned For China Based Streaming Music Service. China Music Corp, which is backed by Chinese Internet giant Tencent Holdings and operates Chinese digital music services Kugou and Kuwo, has hired Goldman Sachs and Morgan Stanley to prep a US IPO that could take place later this year, sources are telling the Wall Street Journal.

Facebook Working with WMG on ’Slideshows’ Music Feature. Within the past few weeks, the social network has quietly initiated talks with music labels about licensing a limited amount of songs that users can upload to, say, summer vacation videos or birthday parties, sources said.

Beatport Suspends Auction and Shuts Down Streaming, News and Events Divisions. “Beatport has made a strategic decision to return to its roots, focusing its efforts on its flagship Beatport Store, the leading global source of electronic music for DJs and consumers,” SFX wrote in a statement provided to Billboard.

Irving Azoff Pens An Open Letter To YouTube: ‘The Root Of The Problem Here Is You.’ “You have built a business that works really well for you and for Google, but it doesn’t work well for artists. If you think it is just the labels and publishers who are complaining, you are wrong. The music community is traditionally a very fractured one, but on this we are united.”

Amazon Launches a New Rival for YouTube. Amazon Video Direct, which kicked off Tuesday, shares money with video creators through the method they choose: ads, subscriptions, rentals, or simply by the number of hours streamed to tens of millions of subscribers of Amazon Prime, its two-day shipping service.

Apple Music Set To Receive A Facelift. Although the service has certainly been picking up users, Apple Music has received some complaints about its less-than-stellar interface. It looks like this is about to change, however, with Apple set to give its streaming service a much needed facelift, in hopes of catching up with Spotify.

Our best wishes for a great week! – MediaNet

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MediaNet Has Been Acquired By SOCAN

Posted by Glen Sears, Editorial Content Manager | May 12, 2016 9:15 am | No Comments

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We are thrilled to announce that, effective Tuesday, May 10, MediaNet has been acquired by SOCAN, Canada’s premier performing rights organization. This is very exciting for us as a company and enables us to develop exciting new technologies that will benefit the entire digital music industry. Today at 9 AM PT a press release was issued announcing the transaction. It can be found here and is also reproduced in its entirety below:


TORONTO and SEATTLE, May 12, 2016 /PRNewswire/ – SOCAN, the member-based organization that represents the performing rights of more than four-million music creators and publishers, has purchased Seattle-based MediaNet. The addition of this pioneer business-to-business music technology provider offers 360-degree music rights administration to SOCAN members.

MediaNet is the creator of powerful music and metadata delivery technologies that work with streaming services, download providers, media search, and other media discovery tools to provide an exhaustive catalog of music, while ensuring that creators and music publishers, including artists and all relevant rights owners, are properly compensated for their work.

The MediaNet acquisition will have immediate benefits for SOCAN members’ digital performances, as the potential for increased matching on radio, TV and in areas such as nightclub performances is substantial. With MediaNet, SOCAN will be able to identify digital performances from around the world in real-time, with access to granular performance data to make better decisions, identify trends and increase revenue for members. This comes with a level of data accuracy and transparency that few, if any, music rights organizations in the world can provide.

With more than 51 million sound recordings in its database, each containing a unique audio identifier, MediaNet will provide SOCAN with authoritative information pertaining to master rights (sound recordings), and will augment already strong matching capabilities for all kinds of performances and reproductions of music on radio, digital, live, satellite, film and TV and other delivery of music to public audiences.

In keeping with SOCAN’s vision to lead the global transformation of music rights, the acquisition and integration of MediaNet’s technology will make SOCAN the leader in accurate matching of music data, one of the most significant challenges facing the digital music ecosystem worldwide. The benefit of robust, accurate matching of repertoire to rights-owners is significant to SOCAN’s existing and future members, and will especially increase revenue streams for all whose music is played on digital platforms such as YouTube, Facebook, SoundCloud and other services relying on uploads.

“The music ecosystem is in need of data and accuracy and, with MediaNet, SOCAN is the first major music collective to meet this need,” said SOCAN CEO Eric Baptiste. “The expanded family of MediaNet and SOCAN creates an unbeatable combination that will help drive proper compensation for SOCAN’s membership base of songwriters, composers and music publishers and potentially for all parties involved in the music value chain.”

For SOCAN’s more than 135,000 members the acquisition of MediaNet brings immediate dramatic improvement in digital match-rates and the speed of distribution of digital royalties. For digital service providers this means a new dimension of accuracy for matching musical works with rich ownership data.

MediaNet will continue to operate under its current name, with all of its 34 employees continuing at the organization’s Seattleoffices. MediaNet CEO Frank Johnson and the company’s leadership team will remain in place.

“SOCAN is a leader in ushering the transition from physical to digital through a commitment to data and artist advocacy,” said MediaNet CEO Frank Johnson. “We are thrilled to join the SOCAN family and realize our shared goal of pioneering high-scale technology solutions that ensure fair and accurate royalty administration.”

The acquisition was completed in May 2016, the terms of which are undisclosed.

Headwaters MB acted as financial advisor and Reitler Kailas & Rosenblatt LLC as legal counsel to MediaNet in this transaction. Venable LLP, Gowling WLG and KPMG advised SOCAN on the matter.

About MediaNet
MediaNet maintains one of the largest B2B rights-managed, global music catalogs of more than 51 million tracks and a database of over 4.1 million rights holders and their respective works. MediaNet’s database of rights holders encompasses composers, publishers, administrators, PROs, collection societies, performers, labels, and distributors. MediaNet leads the music industry by hosting the only commercially available catalog of sound recordings connected directly to a comprehensive database of rights, ownership, and songwriting splits. MediaNet enables accurate royalty administration for streaming music apps, subscription services, and download stores. MediaNet has powered many popular digital music services worldwide including Beats Music, Pulselocker, CÜR Music, Songza, Target, and Univision.

About SOCAN
SOCAN is a member-based organization that represents the Canadian performing rights of more than four-million Canadian and international music creators and publishers. SOCAN is proud to play a leading role in supporting the long-term success of its more than 135,000 Canadian members, and the Canadian music ecosystem overall. SOCAN licenses more than 125,000 businesses in Canada, and distributes royalties to its members and music rights organizations around the world. SOCAN also distributes royalties to its members for the use of their music internationally in collaboration with its peer societies.

(via PRNewswire)

Tuncore Bats for NMPA, PRS and WMG Win Big, The War on YouTube Continues

Posted by Glen Sears, Editorial Content Manager | May 9, 2016 10:05 am | No Comments

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Story of the Week

TuneCore Encourages Members To Opt-In To $25M Spotify NMPA Settement, Artist Advocates Cry Foul
Spotify and the NMPA are contacting artists and publishers encouraging them to sign on to the $25 million settlement they negotiated over unreported and unpaid royalties for unlicensed streams. This week, TuneCore reached out to the artists using their music publishing platform encouraging them to opt-in.

TuneCore sent an email this week to the tens of thousands of independent songwriters that use its Publishing Administration services, encouraging them to opt-in to a $25 million settlement with Spotify over the use of unlicensed tracks negotiated by the NMPA. The email has drawn fire from artists advocates including former TuneCore CEO and founder Jeff Price and musician David Lowery, who has filed a lawsuit against Spotify.

Musician and outspoken industry critic David Lowery, who has filed a lawsuit against Spotify and is seeking class action status to include other artists and publishers, is equally incensed.

Read the full story on Hypebot.

Top Music News Stories

PRS for Music Reports Record Revenues for 2015, Leaders Chide the ‘Value Gap.’ “It’s been an exceptional year for us, revenue was up in all our main revenue streams — online, international, public performance and broadcast — and the growth strategy that we have been pursuing for a number of years is now really beginning to pay off.”

Digital Music Firm Omnifone Placed Into Administration. B2B digital-music firm Omnifone has been placed into administration, resulting in the layoff of up to 70 staff as it seeks a buyer for the company’s technology assets—it is unclear at the present time what the administration means for their services.

Streaming Now Top Recorded Revenue Source for Warner Music. The label group’s streaming income has now overtaken both its physical revenues and its downloads sales – streaming actually overhauled the latter in the first quarter of 2015, so a year later it has now also surpassed physical.


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Old Music Is Selling More Than New Music. Nielsen’s latest music report is out and, as always, it’s very revealing about what we listen to in the U.S. Perhaps it’s biggest revelation is that, for the first time, old music (known as catalog sales) outsold new music in 2015.

Apple Music Reportedly Set for Major Overhaul. Apple is planning sweeping changes to its year-old music streaming service after the first iteration of the product was met with tepid reviews and several executives brought in to revive the company’s music strategy departed.

‘It’s a System That Is Rigged Against the Artists’: The War Against YouTube. Most label executives aren’t ­expecting YouTube to have a change of heart — they’re trying to change the law under which it operates.

vKontakte Launches A (Licensed!) Music-Streaming AppThe company has courted controversy – and lawsuits – within the music industry in the past with the widespread availability of user-uploaded copyrighted music on its platform — however, having signed agreements with Sony Music and Warner Music as well as some Russian publishers, vKontakte is trying to go legit.

Our best wishes for a great week! – MediaNet

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4 Reasons to Use MediaNet for Developing Your Digital Music Product

Posted by Glen Sears, Editorial Content Manager | May 4, 2016 3:58 pm | No Comments

(Additional contribution by Dan Charlson)

Many people ask us, “Why should I use MediaNet? Building a digital music product can’t be that difficult or expensive.” After 15 years in the digital music industry, there’s one thing we know for sure—building a digital music product alone is that difficult and expensive.

Music licensing is deeply complex. Multi-format file distribution requires massive server resources. Most importantly, paying royalties accurately to the law requires a content library that intelligently tracks ownership information for labels and publishers. Only MediaNet has a library like that, available through our MN Open API or Enterprise solutions.

There are four major areas MediaNet offers product teams and developers the tools they need:

  1. Catalog and Label Relationships (Majors, Indies, Aggregators)
  2. Content Fulfillment and Delivery (API, Download/Streaming Servers, CDN)
  3. Rights & Royalty Reporting and Administration (Labels, Publishers, PROs)
  4. Data Access & Management (XML Feeds, Metadata, Trending, Analytics)

Complications in digital music arise when data must be sent between providers for different services. Some companies offer APIs for catalog and metadata, others can administer royalty payments. MediaNet is the company can do it all under one roof, with full transparency at a time when the music industry is turning against the black box.

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Beyond accountability and convenience, the MediaNet Platform is dependable and up-to-date, with rock-solid servers. MediaNet has powered the world’s best-loved music apps. Diverse services like Beats Music, MOG, Google Play, Songza, Yahoo! Music, AOL Music, MTV Urge, Turntable.fm, and so many more. Those services have enjoyed deployment in nine territories—US, Canada, UK, France, Germany, Ireland, India, Australia, and South Africa.

In short, startups and enterprise clients use MediaNet because we:

  • Manage the most complicated digital music installations in the world. If it’s complicated, we get the call.
  • Are pure B2B; we have no consumer-facing product.
  • Are the only company with the tools to ensure all rights holders are paid for every play.
  • Are prepared for the scale of any start-up’s growth; if you go viral, our system won’t even hiccup.

Think of your music service like an iceberg. The visible parts of your service are your focus: user interface, client applications, marketing, ecommerce, and customer support. Everything else? MediaNet does the invisible work, operating out of sight to power your service. We’ve built the tools, systems, and processes to power these services simultaneously, at scale and with maximum availability.

Our music catalog is always growing. MediaNet processes 200,000 new tracks, and 1-2 million updates to our library, per week. We add an average of 5M tracks every year to our catalog. We manage over 2 petabytes of physical storage for these files in 11 formats. Despite the availability of scalable cloud storage, our methodology is more stable and costs less over the long term than using a cloud service.

Contact us about an Enterprise solution!

Growth at this level requires a dizzying amount of data management. Content deliveries (assets, art, XML feeds addressing metadata, rights, and pricing) in multiple formats being delivered from 1000’s of sources that cover over 50 territories and currencies—all while maintaining proper ownership chains for every track so rights owners can be paid.

Additionally, we work with global Content Distribution Network (CDN) partners to deliver an optimal streaming experience to end users everywhere. Akamai, Level3, Verizon-EdgeCast, and Limelight CDN technology ensure that our massive library of groomed content is delivered at better speeds and lower cost than individual services can achieve. We pass 100% of those savings onto our partners (that’s you).

MediaNet is a unique company. We’re the only B2B digital music platform on the planet with a digital content library that intelligently understands the entire ownership structure of each track. We process data at levels only search giants like Google and Facebook can. We have one foot in technology, and the other foot in the music industry.

MediaNet offers the only available digital music platform that can license, distribute, report, and pay under one roof. Call or email us to find out exactly what we can do for you.

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