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Soundcheck: Your 5-Minute Recap Of Last Week’s Most Important Music News

Posted by Glen Sears | June 29, 2015 9:00 am | No Comments

Story Of The Week

Merlin, WIN, Beggars, IMPALA, and Other Indies Agree To Bring Over 20,000 Artists Into Revised Apple Music Ecosystem
http://bit.ly/1U0ZbCW
The weeks leading up to tomorrow’s Apple Music launch have been nothing if not eventful. After announcing huge artists for the new Beats One radio station and securing Taylor Swift as a fan, Apple Music scored another coup last week. Huge indie labels and organizations are now flocking to the new streaming service, and bringing with them enormous libraries of music.

It wasn’t without an uphill battle. Organizations such as independent music licensor Merlin boycotted Apple Music after it became public that Apple wouldn’t pay royalties to songwriters during the service’s 90-day free trial. Despite the fact that this is fairly standard practice across the industry, many (including Swift, an independent artist herself) looked to Apple to set the tone for the future of streaming music, saying “I find it to be shocking, disappointing, and completely unlike this historically progressive and generous company.”

After Apple announced it would pay on its free trial of Apple Music, indie labels, publishers, and associations came around quickly. Beggars Group, one of indie music’s largest label groups, summed up the greater feelings toward Apple: “Over the last few days we have had increasingly fruitful discussions with Apple. We are now delighted to say that we are happy to endorse the deal with Apple Music as it now stands, and look forward to being a big part of a very exciting future.”

Other Important Headlines

TIDAL Parent Aspiro Removes CEO Andy Chen, Replaces Him With The CEO He Replaced – As the streaming company struggles to gain foothold, more shakeups on their Executive Team. Read More

Spotify Buys Beats’ Analytics Provider Seed Scientific – Spotify doubles down on data-driven recommendations and services, now boosted by the purchase of a data firm who previously served its primary competitor. Read More

American Idol Winners Sue Sony Music: “Your Equity Stake In Spotify Cheats Artists” – “…Together, and individually, Sony and the other major record labels therefore have significant power to exert control over Spotify in order to not only dictate how revenue will be paid, but wrongfully and in bad faith divert money from royalties that must be shared to other forms of revenue that they can keep for themselves.” Read More

SiriusXM Settles Lawsuit, Agrees To Pay $210 Million For Use Of Pre-1972 Recordings – They’ll also be able to play pre-1972 music through 2017. After that, they’ll have to come to new agreements. Read More

Linkin Park Looks For New Music Revenue, Ends Up At Harvard, Starts Venture Capital Firm – “To be clear, we are still in the music business, but creating and selling music now plays more of a supporting role in our overall business mix.” Read More

Courtney Love Attacked in Paris, Uber Driver Held Hostage by ‘Mob of Taxi Drivers’ – Love tweeted her experience during Paris’ protests-turned-violent against rideshare company Uber. Read More

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