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Digest: Dubset Announces Major Funding, BMI/RMLC Interim Licensing Rate, “YouTube Can Do Better”

Posted by Glen Sears, Editorial Content Manager | February 27, 2017 9:27 am | No Comments

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Top Music News Story

Dubset Announces $4 Million Funding Round
Dubset Media is getting an injection of funds as it attempts to solve one of dance music’s most frustrating issues. The company, led by CEO Stephen White, announced this morning (Feb. 27) it had completed a $4 million round of Series A funding led by Boston-based equity firm Cue Ball Capital.

In 2015, Dubset — a dance-centric digital distributor based in New York City — introduced a new technology called MixBANK, which identifies individual tracks within DJ mixes, allowing copyright owners to get paid when their work is sampled or remixed within a DJ mix.

MediaNet is proud to be a Series A investor for Dubset, along with Neoteny 3, Resolute Venture Partners and Redwood Venture Partners.

Read the full story on Billboard.

Other Music News Highlights

The Value Of Music Publishing, In 5 Figures. The Midemblog staff take a look at five of Billboard’s latest top 10 publishers in figures and find out how they’re making news.

BMI and Radio Industry Group Agree to Interim Licensing Rate. Broadcast Music Inc. and the Radio Music License Committee have agreed to set an interim rate of 1.7 percent of radio revenue, while the two sides either negotiate a final rate, or failing that, go to rate court to determine the final number.

Coalition of 15 Music Orgs File Complaint Over DMCA. The substance of the filing is fairly similar to what various music business organizations have said before: By setting up a system where rightsholders need to ask websites to remove content uploaded by users, the DMCA erodes the value of music.

Techstars Music Reveals Start-Ups For Inaugural Accelerator Program. Each company will receive a $120,000 investment, mentorship form a vast pool of professionals, support for life, and undergo an intensive three month incubation program out of Techstars’ new L.A. office — in exchange for 6% equity in each company.

‘YouTube Can Do Better’: Cee Lo, Evanescence, Rush Among Artists Calling for DMCA Action. Unlike most such filings, which tend to consist of pages of anecdotes and arguments, the video — titled “YouTube Can Do Better” — couldn’t be much simpler.

Universal Music Group’s Publishing Revenues Have Grown 18% In Two Years. According to new Vivendi data reported in Paris, UMG’s publishing revenues reached €792m ($876m) in 2016, up 4.8% on 2015 in real terms, and up 6.7% at constant currency/perimeter.

Spotify Adds 3 Original Music Business Focused Podcasts. It’s part of a push to add more original content to the music streamer, while still rejecting the exclusive releases favored by some of its major rivals.

Alex Da Kid: “There’s Going To Be A Resurgence In Independent Music Companies.” Universal recently spent big bucks on signing a ‘unique and innovative’ multifaceted deal with the Grammy-winning Brit’s KIDinaKORNER – a combined record label, publisher, production house and marketing agency.

MIDiA: Global Recorded Market Music Market Shares, 2016. MIDiA has created a recorded music market share model to provide a unique view of where the revenue flows in the global business.

RECAP: Dubset Launches Remixes on Streaming, Techstars Announces Music Startup Incubator, Azoff Goes After “Pirates”

Posted by Glen Sears, Editorial Content Manager | October 10, 2016 10:16 am | No Comments

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Spotify And Apple Music Dubset Deals Start To Pay Off

Startup Dubset Media is trying to license the kind of remixes and mash-ups previously only available on SoundCloud for other streaming services, with Apple Music and Spotify already on its slate of distribution deals.

TechCrunch reported that one of the first Dubset-licensed remixes has gone live on Spotify and Apple Music: a DJ Jazzy Jeff remix of Anderson Paak’s ‘Room In Here’. Interestingly, on Spotify the track’s rightsholder is listed as Dubset Media.

“Mixes are coming next,” Dubset boss Stephen White told TechCrunch. “Content owners have been very supportive. The publishing and label deals we have under license provides a large catalogue to work with.”

Read the full story on Music Ally.

Top Music News Stories

Techstars to Launch Accelerator for Music-Industry Tech Startups. It is the second music-focused accelerator to start in recent months, [paywall] after artist-management firm Th3rd Brain started one to help launch careers for individual musicians.

Irving Azoff Claims YouTube “Pirates” Are “Really Evil.” The CEO and Chairman of Azoff MSG Entertainment, Irving Azoff, is leveling some heavy criticism at YouTube in very public war as he attempts to get the popular video sharing site to properly compensate artists for their music.

What Is Google Daydream And What Does It Mean For Music VR? There are a growing number of VR/music startups who are expected to explore the Daydream platform alongside Gear VR, Oculus Rift, HTC Vive and other VR platforms.

Amazon Reportedly to Launch Amazon Music Unlimited and Echo-Only Streaming Service. A new post from German blogger Carsten Knobloch points to a clue hidden deep in the code for the Amazon Music app for the Fire TV media streamer that shows the company is due to launch their new music service soon.

Deezer Partners With Feature.fm to Let Artists Pay for Sponsored Plays. Feature.fm promises “unprecedented exposure” to artists who find themselves outside the radio system, offering a self-service way to upload music, choose a target audience and then monitor its performance — for a fee.

Download Revenue To Shrink 50% As Streaming Music Grows To 950 Million Users. According to the latest forecast by Strategy Analytics, streaming will account for 95% of all mobile music use, and that will grow the market to $12 billion by 2022.

TuneCore Acquires JustGo, Relaunches It As A Free Social Media Tool. TuneCore Social offers streamlined posts to Facebook, Twitter, Mixcloud, Soundcloud, YouTube, and Instagram, plus scheduled posts and analytics.

Spotify Reportedly Dealing With Malware Issue On Its Free Service. Spotify has acknowledged the issue, blaming “an isolated issue with an ad on our free tier” and promising that “We have now identified the source of the problem and have shut it down.

BitTorrent Reportedly Fires Co-CEOs, Shutters Streaming Service. During Delamar and Johnson’s brief tenure, the company launched BitTorrent Live, an app featuring 16 channels of live streaming content from independent video producers.

Our best wishes for a great week! – MediaNet

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RECAP: Pandora Nearing On-Demand Deals, Dubset Inks Deal with Sony/ATV, More News in U.S. Publishing

Posted by Glen Sears, Editorial Content Manager | August 22, 2016 9:16 am | No Comments

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Story of the Week

Pandora Nears Deals For On-Demand Streaming
Pandora Media Inc. is aiming to start expanding its internet-radio service as soon as next month, offering its hallmark free tier as well as two new monthly subscription options that will mark its foray into on-demand music streaming, said people familiar with the matter.

While the music industry broadly supports the new paid tiers, some record-label executives are still wary of granting Pandora permission to launch its free service in new foreign markets without the ability to control which songs they put on the free tier.

The foreign expansion could jump-start growth for Pandora, which has seen its listenership plateau in recent years at about 80 million active monthly users. Most listeners use Pandora’s free tier, with about 4 million subscribing to an ad-free version of its service, Pandora One, for $5 a month.

Read the full story on The Wall Street Journal

Top Music News Stories

Dubset Inks Deal With Sony/ATV. The Sony/ATV news comes on the heels of Dubset’s landmark rights agreement with the National Music Publishers’ Association (NMPA), giving hundreds of independent songwriters and publishers access to an emerging new royalty system.

Russian Collection Societies Break Ties Amidst Fog of Fraud. Earlier this month, several rights holders registered with RAO called for the organization’s management to be replaced and that fundamental changes to its charter be made, amidst major allegations of embezzlement.

What Is YouTube Red Paying Artists? Digital Music News claims to have been leaked an earnings statement from a “chill electronica catalog” showing the per stream and per-publisher royalty payouts for YouTube Red.

Samsung is shutting down Milk Music in September. Samsung will be shutting down Milk Music on September 22nd, urging its Galaxy and Note smartphone users to switch over to Slacker Radio, which powered the system.

Streaming Music Business Bigger Than Previously Thought. Glenn Peoples from Pandora claims “These adjusted streaming numbers are a good reminder there’s more to the streaming market than on-demand services that dominate the media’s attention.”

“Dept. of Justice’s New Decision Could Wreak Havoc on International Rights.” “When it needs fixing… don’t break it further.” Gadi Oron, the Director General of CISAC, laments the global implications of a new decision.

A Primer for the World of Music Licensing and Its Pricing. To help readers better understand this labyrinthine world, Ed Christman at Billboard put together an explainer, organized from simple to complex.

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!

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.

Our best wishes for a great week! – MediaNet

Follow MediaNet! – Facebook | Twitter | LinkedIn | Medium

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