MediaNet Blog

Digest: Spotify Close To Major Label Deals, Budging on Windowing, UMG Partners For VR Experiences

Posted by Glen Sears, Editorial Content Manager | March 20, 2017 9:30 am | No Comments

spotify-video

Top Music News Story

Spotify To Sign New Licensing Deals With Major Labels ‘Within Weeks’?
The Financial Times is reporting optimistic news: it says that “licensing talks have picked up considerably” between the Spotify and Universal Music Group – and even that “deals [with the major labels] could be inked within weeks.”

According to the FT’s sources, Spotify has changed stance on one crucial point: finally agreeing to allow blockbuster album releases to be ‘windowed’ on its premium tier.

Read the full story on Music Business Worldwide.

Other Music News Highlights

Spotify Softens Stance on Windowing New Music In Exchange For Lower Royalty Rates. The concession, which Spotify has long resisted, would reportedly be in exchange for the labels agreeing to reduced royalty fees for songs — the proposed deals are seen as a crucial step as Spotify tries to clear the path for an IPO in 2018.

Drake Has Reportedly Generated More Than $50m On Spotify. A spokesperson said: “Drake continues to break Spotify records, including his own, and is now the number one streamed artist and the first to reach over 10 billion streams.

Universal Inks Deal With MelodyVR For ‘Revolutionary Music VR Experiences.’ MelodyVR says it will be creating experiences with UMG artists including sell-out concerts, live performances, immersive music videos and intimate behind-the-scenes content.

Chance The Rapper Says Apple Music Paid $500,000 For 2 Week “Coloring Book” Exclusive. “I just wanna remain transparent, folks out there without a deal need to know they’re doing everything right just keep at it…I think (an) artist can gain a lot from the streaming wars as long as they remain in control of their own product.”

Pandora Not For Sale, Will Be Profitable This Year, Says Pandora CEO As Stock Falls. Pandora founder and CEO Tom Westergren made some bold claims during a CNBC appearance Monday — Wall Street seemed unimpressed, pushing the stock -6.3% to $11.60 by midday Tuesday.

Performance Rights in Pre-1972 Sound Recordings Kicked to California Supreme Court. The development is the latest in a high-stakes showdown that’s been unraveling since Flo & Eddie of The Turtles brought class actions against Sirius XM and Pandora for broadcasting hits like “Happy Together.”

Ticketmaster Expands ‘Verified Fan’ Program To Combat Bots, Ticket Scalping. Ticketmaster’s Verified Fan uses a combination of expert systems and customer data such as purchasing history in an effort to identify fans purchasing tickets and cut down on automated ticket buying systems or bots.

Digest: Spotify Acquires Sonalytic To Improve Pub Data, Pandora Premium Launching, NMPA Goes To Court

Posted by Glen Sears, Editorial Content Manager | March 13, 2017 10:14 am | No Comments

Spotify

Top Music News Story

Spotify Acquires Audio Detection Startup Sonalytic To Improve Publishing Data
Spotify has acquired Sonalytic, a UK based startup that specializes in audio identification that enables us to connect creators and rights-holders to monetization opportunities.

Spotify says it will use Sonalytic audio detection to improve its personalized playlists and to match songs with compositions to improve their publishing data system. Publishing data and subsequent payments have been a source of tension between the music streamer and music publishers and songwriters.

Read the full story on Hypebot.

Other Music News Highlights

Opinion 1: “Spotify Could Use It’s New Acquisition To Take On Shazam.” Hypebot reports that, “in addition to its public intent to use Sonalytic’s audio detection to improve its personalized playlists and to match songs with compositions to improve their publishing data system, Spotify could use it to build its own Shazam.”

Opinion 2: “Could Sonalytic Help Spotify Build, Not Buy SoundCloud?” “If Spotify is so minded, then, it could use Sonalytic’s technology to build its own version of the kind of technology SoundCloud has been developing – and thus open up Spotify’s platform to the kind of mixes, mash-ups and other user-generated content that has been the engine behind SoundCloud’s growth.”

Pandora Premium $9.99 On Demand Streaming To Launch Wednesday. Invites for a free trial will be sent to select users this Wednesday; and an option to upgrade will be available to all listeners over the coming weeks.

Liberty: We’d Buy Pandora… For $1bn Less Than We Offered Last Year. At the Deutsche Bank Media, Internet & Telecom Conference in Florida, Greg Maffei stated that Liberty believes Pandora’s “stock is overvalued. We will not pay the current market price so I think it’s very unlikely we’re going to end up buying them.”

Amazon Is Getting Involved In The Music Festival Business. The plans will involve a “physical festival presence” which could include “on-site food and product delivery, custom tour merchandise for purchase, artist meet and greets, and convenience amenities such as free Wi-Fi, water, charging stations, and restrooms”.

4,000 Songwriters Sign NMPA Petition As Copyright Royalty Rate Hearings Heat Up. The NMPA, in a statement last week, said, “This week the most important trial most people have never heard of will begin in Washington, D.C.”

“I Don’t See A YouTube Value Gap.” Believe boss Denis Ladegaillerie claims his digital distribution and artist services company earns 20% of its overall revenues worldwide from YouTube, and sees it as a vital revenue and promotion tool.

Digest: Facebook Is Hiring A Licensing Expert, YouTube Is Launching a TV Service, Global Music Revenue at 15-Year High

Posted by Glen Sears, Editorial Content Manager | March 6, 2017 9:09 am | No Comments

mark-zuckerberg-headshot

Top Music News Story

Facebook Is Hiring A Legal Music Licensing Boss
According to a freshly-posted job advert, the company is seeking a Legal Director of Music Licensing, based at its HQ in Menlo Park, California. “In this role, you will be responsible for solving cutting-edge licensing issues on a global scale, with an opportunity to help shape the future of music use on Facebook.”

It explains: “This position will partner closely with internal business counterparts in driving licensing negotiations, as well as coordinating with product, engineering, operations, finance and legal teams in support of the company’s evolving music licensing needs.”

Read the full story on Music Business Worldwide

Other Music News Highlights

YouTube to Launch Live TV Service. The new service will include content from all four broadcasters as well as some cable channels, all for $35 a month, the company announced Tuesday at an event for press and partners at YouTube Space LA.

Global Recorded Music Industry Reached $16.1bn In 2016. Discussing the numbers, MiDIA’s Mark Mulligan said: “The recorded music industry changed gear in 2016 and revenue looks set to be on an upward trajectory over the next few years.

SoundCloud Launches $4.99-A-Month Fully On-Demand Streaming Product. “SoundCloud Go answers the call from our users who want the ability to take the huge catalog of content found in SoundCloud’s free, ad-supported offering with them anytime, anywhere, without interruptions, at a very affordable price.”

Spotify Tops 50m Subscribers As Growth Rate Slows Down. It’s an impressive climb, and over double the latest equivalent figure from Apple Music – but actually represents a slowdown in subscriber growth percentage terms.

A Look At The 11 Startups Named To TechStar Music’s Inaugural Class. Bas Grasmayer of Music Tech Future takes a brief look at the eleven startups TechStar Music has inducted into their inaugural startup investment class.

The MediaNet Blog

Insights, News, Announcements, and Updates on MediaNet and the ever-changing world of music, technology, industry, and law.

Get Weekly Music News Updates Directly To Your Inbox!

Recent posts

Digest: Spotify Close To Major Label Deals, Budging on Windowing, UMG Partners For VR Experiences
March 20, 2017
Digest: Spotify Acquires Sonalytic To Improve Pub Data, Pandora Premium Launching, NMPA Goes To Court
March 13, 2017
Digest: Facebook Is Hiring A Licensing Expert, YouTube Is Launching a TV Service, Global Music Revenue at 15-Year High
March 6, 2017

Archive

Categories

Powered by WordPress