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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: U.S. Publishers In Uproar Against DOJ Consent Decree Ruling, EU Privacy Shield, Streaming Nets Labels $15M Daily

Posted by Glen Sears | August 8, 2016 9:42 am | No Comments

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Story of the Week

U.S. Publishing Industry in Uproar Over DOJ Licensing Plans
The Justice Department announced on Thursday that it had concluded a two-year investigation into the complex world of music licensing and decided against making changes to the regulatory agreements that govern Ascap and BMI, two large clearinghouses for performing rights that process about $2 billion in royalty payments each year.

The DOJ also added a new requirement, saying that for Ascap and BMI to comply with the existing regulations, they must offer “100 percent licensing” of their songs. Since then, members of the publishing community have been having their say, and it should not surprise you to hear that they are pretty much 100% against the plans – with many questioning the motivation behind the DoJ’s move.

“Where will this consistent erosion and undermining of the fundamental rights of authors and composers end? How is it that policy makers, on both sides of the Atlantic, have put themselves in the business of making decisions that are disastrous for the music community, but curiously beneficial for others?” is how IMPF president Pierre Mossiat put it in a statement condemning the plans.

Read the full story on Music Ally & The New York Times

Top Music News Stories

An Alternative View Of The DoJ’s ASCAP/BMI Consent Decree Review. “When the Department says that the PROs are required to offer 100% licensing, it conforms to the default rule of copyright law: so long as one author agrees to let a PRO license their work, the PRO has permission to license the whole work to users.”

European Regulators Greenlight Sony/ATV & Jackson estate Deal. “The transaction will not materially increase Sony’s market power vis-a-vis digital music providers compared to the situation prior to the merger,” Reuters reports an EU competition enforcer as saying of the approval.

Joint EU, U.S. Digital Privacy Shield Comes Into Effect. The “EU-U.S. Privacy Shield” ensures that everyone in the European Union has rights when their data is processed, such as the right to ask a company for information about the data they hold about them on U.S. servers, or to amend their records if the data are outdated or inaccurate.

Warner Music Group And Vevo Reach Deal After 7 Year Impasse. The deal does not extend to Vevo on YouTube, but is part of an extensive reboot for Vevo, including a redesign and new initiatives in programming and branding.

Lenders Crush Sillerman’s Plan To Pull SFX From Bankruptcy. Bob Sillerman’s plan to emerge from bankruptcy and retain some of his SFX assets was foiled by the same lenders he originally dealt with to finance the company, after they filed a new restructuring agreement with dramatically different – and significantly less favorable – terms.

Every Day Major Music Companies Earn $10M Millon, Indies $5 Million In Streaming Revenue. With average payments hovering around $.00575 per play, its easily arguable that Spotify, Apple Music, and others are not returning sufficient revenue to creators, but in aggregate streaming has become a major source of revenue for independent and major labels.

US and Swiss Collection Societies Partner to Form ‘Mint.’ SESAC Holdings, the U.S. company that owns the collecting society SESAC and the Harry Fox Agency, is launching a joint venture with SUISA, the Swiss collecting society.

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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