Posted by Glen Sears | May 1, 2017 9:26 am | No Comments
Top Music News Story
Musical.ly, Apple Music Ink New Partnership
With the new partnership, Musical.ly users will be able to stream full-length songs — rather than just 15-second clips — from Apple Music’s catalog directly within the Musical.ly app, with the further option to save particular songs to their own playlists within Apple Music and access Musical.ly-branded playlists via the streaming service as well.
Other Music News Highlights
Apple Music To Reportedly Relaunch With More Video, Original Programming. “A music service needs to be more than a bunch of songs and a few playlists. I’m trying to help Apple Music be an overall movement in popular culture, everything from unsigned bands to video. We have a lot of plans.”
Merlin Reduces Fees For Indies 25%. “On the back of our new agreement with Spotify, I am proud to announce yet another reduction in our Administration Fee,” Charles Caldas, CEO, Merlin said. “Together it means Merlin continues to deliver maximum value to our members’ digital business, and highlights our ongoing commitment to provide ever greater efficiencies.”
Spotify Hires Mediachain Labs, Blockchain Developers. When applied to the music industry, blockchain technology resembles a secure-but-shared ledger that connects data “blocks” containing data about every song and its rights holders.
Bill to Make Register of Copyrights a Presidential Appointee Approved by U.S. House. The next stop for this reform effort will be the Senate, where thus far legislation to accomplish that end has not been approved.
VKontakte (Russia’s Facebook) Launches Built-In Music Streaming Service. The built-in music service allows users to choose between the subscription-based and ad-supported models, giving them access to tracks licensed from Universal Music Group, Warner Music Group, Sony Music Entertainment, Merlin Network and local labels.
Universal Music Group Valued At $22bn – Three Times What It Was Worth In 2013. That’s according to top brass at UMG parent Vivendi, speaking at its annual shareholders’ meeting April 25th in Paris.
Streaming Income For TuneCore Artists grew 85% Last Year. Streaming revenue for TuneCore artists was up 85% with top streaming stores including Apple Music, Tidal, Spotify and Google Play. Publishing revenue for TuneCore artists was up 42% percent from 2015, and sync revenue up 28%.
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