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
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.
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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