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RECAP: iHeartMedia Announces On-Demand Streaming, Publishing and Safe Harbors Take Center Stage in U.S. and E.U.

Posted by Glen Sears | September 26, 2016 9:04 am | No Comments

Our October 3rd newsletter mistakenly redirects to this page. You can find the entire “Major Record Labels Sue Over Ripping Audio Tracks from YouTube Videos” here.

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iHeartMedia Announces Plans for Its Entry Into Paid Streaming

Story of the Week
Just a week after Pandora announced the relaunch of its mid-tier streaming product and rough timing for its forthcoming Spotify competitor, iHeartMedia has announced its own plans for the same, set for launch in January, 2017.

iHeartRadio Plus will be a similar product to Pandora Plus, described by the company as “enhancing the radio listening experience.” iHeartRadio All Access will be the company’s on-demand streaming service, set to compete directly with Spotify, Apple Music, Tidal, Rhapsody/Napster, Google Play, and forthcoming services from Pandora and Amazon.

It’s all good news for the record business, which saw significant growth this year for the first time in nearly 20 years thanks to the streaming. iHeart’s announcement is part of a “race to the middle” — offering listeners products at $4.99 per month instead of the now-standard $9.99 in order to capture revenue from more casual fans — and the result will likely be increased growth for the recording industry.

Read the full story on Billboard

Top Music News Stories

Streaming Helps Drive 8.1 Percent Growth in Revenue for U.S. Recording Industry. The biggest growth, which will no doubt receive cheers from labels, was in paid subscriptions which saw the overall subscriber count rise to 18.3 million — double the 9.1 million subscribers counted in the middle of 2015.

Publishing Industry Praises BMI Consent-Decree Decision. “I don’t think even [the DOJ] would want two different rules applying to ASCAP and BMI; that would take an extraordinary level of hostility on their part to force that [dichotomy] on the marketplace.”

Europe Leads The Way With “Safe Harbor” Solution. Although safe harbor laws have done little to help law abiding citizens, and made it easy for conniving entrepreneurs to earn big while hiding DMCA laws, it seems Europe at least is leading the way with a solution to the safe harbor problem.

European Court Rules Wi-Fi Providers Can’t Be Punished For Piracy by Users. The ECJ was ruling on a 2010 German case, where Sony Music sought to hold a shop in Munich liable for some illegal file-sharing that took place via the free wi-fi it provided for its customers.

The Orchard Signs New Chinese Distribution Deal. The agreement will see The Orchard’s catalog made available on Chinese music services including Ali Music, Kugou, Kuwo, NetEase Cloud Music, QQ Music and Baidu Music – the latter of which Taihe merged with in December 2015.

Playlists Have Passed Album Listenership, Says New Study. Based on a May survey of 3,014 U.S. respondents, the report shows that playlists accounted for 31% of total listening time across all demographics, while albums accounted for only 22%.

Facebook Overestimated Key Video Metric for Two Years. Facebook disclosed in a post on its “Advertiser Help Center” that its metric for the average time users spent watching videos was artificially inflated because it was only factoring in video views of more than three seconds.

Our best wishes for a great week! – MediaNet

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RECAP: Judge Rules Against ‘100 Percent Licensing,’ IFPI Releases New Reports, TIDAL Posts Big Losses

Posted by Glen Sears | September 19, 2016 8:43 am | No Comments

bmi rate court overturn 100 percent licensing

Story of the Week

Federal judge rules against Dept. of Justice’s ‘100 Percent’ Licensing decision
In a surprise move, BMI’s rate court judge ruled on Friday that fractional licensing is allowed under the consent decree the performing-rights organization operates under, according to a statement from BMI.

According to Stanton’s ruling, “The consent decree neither bars fractional licensing nor requires full-work licensing,” which is the exact opposite of what the DOJ argued when it gave ASCAP and BMI one year to employ full-works licensing.

Since the ASCAP and BMI consent decrees are similar, some hope that the ASCAP rate court Judge Denise Cote will follow suit, should the matter come before her. Now the question becomes, will the Dept. of Justice turn to Court of Appeals for the Second Circuit? “The Department of Justice has received the Order and is reviewing it,” a DOJ spokesperson said in a statement.

Read the full story on Billboard

Top Music News Stories

IFPI makes stream-ripping latest front in YouTube row… The IFPI commissioned research firm Ipsos to survey fans in 13 countries, and claims that the study reveals almost half of 16-24 year-olds now use stream-ripping software, making it a more popular form of music piracy than file-sharing.

…and finds that one-third of under-25’s now pay for a streaming service. South Korea, Sweden and Mexico are identified as the most popular (per population) markets for subscription services, with about four in every ten people paying for a music subscription. In the U.S. and U.K., the number was around two in every ten; in Japan around one in every ten.

Tidal posts $28M net loss in 2015, more than double the year before. It’s been a big year for Tidal, as the company has released exclusive albums from Beyonce, Kanye West and Rihanna…but the company has more than doubled its net losses while increasing its revenue only 30 percent.

Recorded music sales up in Sweden as streaming revenue grows 10%. The results help banish fears that Sweden’s streaming growth had hit a saturation point – a worry first raised when Sweden’s overall recorded music income dipped by 0.4% in 2014.

Pandora launches Pandora Plus, an improved version of its $5 subscription service. “Whether a listener wants to take advantage of our enhanced ad-supported experience, our ground-breaking subscription radio service, or our fully interactive on-demand option coming later this year, we have a solution tailored for you at a price point you can afford,” Westergren said in a statement.

Spotify reaches 40m subscribers six months after passing 30m. Spotify isn’t claiming that all 40 million subscribers are paying $9.99 a month: its milestone is purely about the number of people on its services.

Warner Brothers reports its own site as illegal. As the popularity of takedown notices continues to grow, some are taking things a little too far including, it seems, Warner Brothers Pictures, a company which accidentally requested Google remove Warner Brothers’ own website from its search results.

Our best wishes for a great week! – MediaNet

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RECAP: MiDiA Drops Another Landmark Streaming Report, Sony Slashes EMI Staff, Apple & Beats Win in Court

Posted by Glen Sears | September 6, 2016 9:50 am | No Comments

major-label-streaming1

Story of the Week

MiDiA Research Releases “Just How Well Is Streaming Really Doing?” Report
The report from Mark Mulligan details in numbers how Spotify and payment advances to record labels can skew the numbers and make it more difficult to truly gauge the market growth.

“All of the three major record labels announced strong streaming music revenue growth in the 2nd quarter of 2016. On the surface it is a clear cut success story, but as is so often the case with music industry statistics, all is not quite how it seems.”

Read the full story on Music Industry Blog.

Top Music News Stories

Infographic Shows Growth In Music Streaming Revenue. This revealing new chart shows some surprising changes in the music streaming industry over the past few years, while ad-supported streaming seems to be resting at a relatively stagnant $600 million, subscription-based streaming has climbed demonstrably since 2010.

Sony Slashed 60% Of EMI Publishing Staff After Historic $2.2bn Buyout. Bandier explained to The New York Times following the acquisition: “We are not going to run these as separate entities… at the end of the day, we are going to be one homogeneous company, with one person – myself – running it.”

Apple’s Beats Wins Ruling in Monster Lawsuit. LA Superior Court Judge William Fahey yesterday handed down a summary judgment that effectively dismissed the claims that Beats by Dr Dre had cheated Monster and its CEO Noel Lee out of a 5% share of the Beats brand.

SoundCloud Hires Holly Lim as Its First Chief Financial Officer. At Google, Lim worked as the director of business operations for the joint Cloud/Google for Work Enterprise organization, and was also CFO for Google’s Advanced Technologies & Projects (ATAP) team.

Spotify’s Competitors Turn Up The Heat As Amazon Readies Its Rival. Music Business Worldwide sources tell them Jeff Bezos’s company is adamant about getting licenses together for a September launch, and that the majors remain hopeful of reaching agreements in time.

Kremlin Said to Be Considering Takeover of Russian Collection Societies, As Russia’s royalty collecting sector is in disarray following top-level shakeups and a leader embroiled in controversy over allegations of real estate fraud, the Kremlin is revisiting the idea of taking over this corner of the country’s music business.

YouTube: Friend or Foe? Midemblog gathers YouTube numbers from various reports and websites in the latest attempt to quantify YouTube’s positive or negative impact on the overall music industry.

Our best wishes for a great week! – MediaNet

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Have questions about how Medianet can help your digital music business? Ask us here. Want a topic or insight published on this blog? Ask us here. Other questions or comments? Let us know!

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