YouTube & ASCAP Announce Landmark Data Sharing Agreement, SOCAN Beats Royalty Records, Believe Digital Seeking Sale
Posted by Glen Sears | June 19, 2017 8:58 am | No Comments
Story of the Week
YouTube, ASCAP to Share Data in First-Ever Voluntary Deal
In what is the performance rights group’s first-ever fully-negotiated, voluntary licensing deal with the decade-old video hub not prompted by a rate-court proceeding, ASCAP will combine its database of 10.5 million musical works with YouTube’s data exchange, a move that ASCAP’s CEO Elizabeth Matthews says will result in bigger payouts.
Other Music News Highlights
Canada’s SOCAN Collected Record-Setting $249M In Royalties For 2016. The PRO said it recorded “new highs on almost every front,” with nearly 4,500 businesses that use music became “licensed to play” with SOCAN and 6,500 additional songwriters, composers and music publishers signed up for membership.
Merlin Deals Paying Out The Equivalent Of Nearly $1M A Day To Independent Labels. Before the end of March, Merlin’s admin fee for these members was 2% of total revenues – it proudly reduced this to 1.5% in April – suggesting its total collections in the 2016/2017 period stood at around $360M.
Believe Digital Actively Seeks Sale, Major Players Show Interest. Global independent distributor, label services provider, and TuneCore owner Believe Digital is for sale, sources tell Hypebot, and a two to three week deadline has been set for initial bids.
Sony/ATV’s Martin Bandier Calls on Spotify, Apple Music, And YouTube To Credit Songwriters. While he acknowledged that songwriters and publishers are beginning to benefit from the uptick in revenues with the rise of streaming, he was quick to note that “songwriters and music publishers, while we’re headed in the right direction, the fruits of our labor are not being equitably rewarded and we are not benefiting from the streaming revolution as meaningfully as we should.”
Spotify Revenues Hit $3.3B In 2016 – But Net Losses Soared To $597M. The streaming giant’s revenues saw healthy growth of 52%, but the ongoing cost of debt and widening operations costs ballooned its net losses over 133%.
Digest: Spotify Inks Long-Term Deal With Merlin, Google Play Now Samsung’s Default Music Service, SAG-AFTRA Fund
Posted by Glen Sears | April 24, 2017 9:21 am | No Comments
Top Music News Story
Spotify Locks Down Long-Term Licensing Pact With Merlin
Spotify and independent label organization Merlin have agreed to a multi-year licensing agreement that ensures an uninterrupted flow of music from non-majors to the music streaming leader, plus extends to Merlin members the same flexible release option that was core to a recent deal with Universal Music Group.
“This new agreement lays the path to future sustainable growth for us both, and we look forward to remaining an integral part in the service’s continued success,” said Merlin CEO Charles Caldas in a statement.
Other Music News Highlights
Spotify Has Launched A Facebook Messenger Bot For Music Discovery And Sharing. The bot, originally uncovered by TechCrunch, includes search, recommendations, sharing a 30 second song clip within Messenger, or launching Spotify to hear the full song.
Streaming May Have Slowed Piracy, But It Certainly Hasn’t Stopped It. According to a late 2016 study by Ipsos for the IFPI which surveyed 12,600 internet users in 13 countries, more than 1/3 said they had still accessed copyright infringing music over the previous 6 months.
Google Play Music Becomes Default Music Service On All Samsung Mobile Devices. Google also promised to add more “special features in Google Play Music just for Samsung customers, including expanded cloud music storage and integration with Samsung’s Bixby voice control system.
How Royalties Are Paid On All Three Pandora Music Services. Glenn Peoples explains, in welcome detail, the new royalty distribution processes for all of Pandora’s new streaming tiers.
AFM/SAG-AFTRA Fund Pays Royalties to Oft-Neglected Backup Singers, Session Musicians. The joint fund, the AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund, distributed about $60 million in royalties in 2016 to backup singers and session musicians, who otherwise might not receive music royalties at all.
YouTube Settlement Helps Push GEMA Collections Up 15% In 2016. The PRO collected $1.14B on behalf of its 70,000 members and rights owners last year; That’s up 15% — or $166.9M — from 2015’s $969.7M.
Deezer Is Exploring User Centric Licensing. MiDIA’s Mark Mulligan claims that “The general consensus among labels I have spoken to is cautious optimism..One of the key concerns was that the model could penalize some indie labels.”
Posted by Glen Sears | February 8, 2016 10:00 am | No Comments
Story of the Week
The Pirate Bay Now Lets You Stream Torrents From Your Browser, Music Streaming Coming
Last week the Torrents-Time browser plug-in turned The Pirate Bay into the world’s biggest video streaming portal. Users now find a “Stream It!” links next to video torrents that can be played in-browser without having to leave the Pirate Bay site.
Torrents Time itself was only released at the beginning of this month by the team behind Popcorn-Time.se — the first major fork of the popular Popcorn Time app. The plugin isn’t just built for The Pirate Bay though — any torrenting site can add support. KickAssTorrents, Videomax, and others have already pledged to add support on their sites for the plugin.
Over the weekend, a spokesperson for Torrents-Time confirmed that in-browser music streaming would be added to its plug-in and major torrent sites “within weeks.” “Our audio functionality is currently undergoing QA procedures,” Torrents-Time’s Fedik Nazar told Hypebot. “We’ll advise when ready, not before we are 100 percent sure of excellent quality, flaw-free operation and no copyrights infringements.”
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