Posted by Glen Sears | March 14, 2016 10:43 am | No Comments
Story of the Week
68% Of Smartphone Users Stream Music Daily
Illustrating just how pervasive streaming music has become, a new study shows that 68% of smartphone users listen to an average of 45 minutes of streaming music daily. By comparison, 71% watch video daily on their smartphones, but only for an average of 24 minutes.
According to a new Parks Associates study, digital media usage varies based on OS brand and carrier. iPhone users consume more media than Android and other operating systems. T-Mobile and Sprint customers have the highest incidence of daily music consumption among U.S. carriers – over 75% of subscribers for T-Mobile or Sprint listen to streaming music daily, versus 66% of Verizon users.
“Currently Amazon Prime Music is the most popular paid music subscription service among U.S. broadband households, thanks to its inclusion in Amazon Prime, but the streaming music war has intensified as the large connected entertainment companies are driving to consolidate their offerings,” said Harry Wang, Director, Health & Mobile Product Research, Parks Associates. “Apple launched Apple Music, and Google is consolidating its music offerings across its Play content store and YouTube platform. Consumers are getting more music options as the competition for users escalates.”
Top Music News Stories
More Than 50% Americans Listen To Online Radio Weekly. The number of listeners is up from 44% last year, according to new Edison Research survey, with 126 million Americans over age 12 now listening weekly.
French Music Sales Plummeted Last Year. France was hit particularly hard with a 7% drop in 2015, and although streaming was up, it was hardly enough to counteract overall plummeting sales.
Tuesday Was The Most Important Day For Direct To Fan Music Since CDBaby & Tunecore. Three significant players in music tech placed big bets that the future of the new music industry lies in the powerful connection between artists and fans; and those companies that enable that direct connection will be the winners.
Sony Develops App For Streaming Royalty Reports. The app is only available to Sony artists in Sweden (where the app was developed) at the moment, but is expected to be rolled out to Sony artists globally later in the year.
SoundExchange Launches Free 20 Million Song Search Database. From music streamers lawsuits to takedowns on iTunes, song identification has become a major issue. To help solve the problem, SoundExchange has launched free ISRC Search Site that includes 20 million songs.
Allison Moore Hired As Chief Revenue Officer As Paid Launch Nears. New deals with the major labels require monetization and recent filings point to a company bleeding cash at alarming rate. Now an experienced digital executive has been hired to sort out the mess.
Settlement May Be In Sight For U.S. Publishing Royalties Suit. While the National Music Publishers Association (NMPA) may well be on the verge of brokering a deal with Spotify that could in turn help its rivals sort out their publishing-licensing problems, that may not be the final word.
FCC Plans to Expand Low-Income Assistance to Broadband Ahead of Privacy Rules. FCC chairman Tom Wheeler posted a lengthy letter to his office’s website that laid out the Commission’s plans for Lifeline, a federal program which provides a $10 per month subsidy to the lowest-income Americans for wired phone services.
Last week famed producer and “fifth Beatle” George Martin passed away at the age of 90. His mark on popular music will last many generations, and our thoughts go out to his family and friends. Read a retrospective of his life and career here.
Our best wishes for a great week! – MediaNet
Posted by Glen Sears | January 19, 2016 10:47 am | No Comments
Story of the Week
Soundcloud Strikes Licensing Deal With Universal Music Group
The agreement covers SoundCloud’s planned expansion of advertising on its free service, which has 175 million monthly listeners, as well as its plans to introduce subscription services in the US and other markets later this year.
“At UMG, we have long embraced empowering entrepreneurs and innovative services such as SoundCloud,” said Universal chairman and CEO Lucian Grainge, in a statement. “With this partnership, we’re ensuring recording artists, songwriters and labels benefit, both creatively and commercially, from the exciting new forms of music community engagement on SoundCloud. We look forward to working with SoundCloud and supporting the company’s evolution into a successful commercial service.”
SoundCloud now has deals with Universal and Warner; with indie-labels licensing agency Merlin; with the National Music Publishers Association (NMPA) in the US and with PRS for Music in the UK – having settled the latter’s recent copyright infringement lawsuit. The Universal deal, like those other agreements, covers tracks added to SoundCloud by labels and artists, but also user-generated content: remixes and mash-ups, which have been both one of the key attractions of SoundCloud for music fans, and one of its biggest headaches from a copyright perspective.
Read more on Music Ally
Top News Stories
YouTube Launches in Pakistan, Where It Is Banned. The launch is seen as a positive step in lifting the blockade, put in place after the emergence of an American-made video that depicted the Prophet Mohammed in a negative light.
Apple Will Start Charging for iTunes Radio. The Pandora-like online radio service will only be available for Apple Music paid subscribers paying $9.99 per month, the company said in a statement.
SFX’s Bumpy Ride Continues With $20 Million in New Financing. The troubled EDM promoter, having just defaulted on a loan, revealed Friday it raised $20 million “for itself and certain of its operating subsidiaries.”
The Spotify/Genius Deal Has Potential. Stuart Dredge claims the partnership for displaying contextual content for songs “may be a gimmick that gets quietly forgotten by 2017, but the potential is there for it to be more.”
Labels Still Don’t Get YouTube. Analyst Mark Mulligan says the consumption of music on YouTube has seen incredible growth, but if labels don’t update how they’re using the platform, they risk of being edged out by YouTube’s native content creators.
Posted by Glen Sears | August 31, 2015 11:06 am | No Comments
Story of the Week
PRS Music Sues Soundcloud After “5 Years Of Unsuccessful Negotiations.”
Read More: http://bit.ly/1KXvSJU
After careful consideration, and following five years of unsuccessful negotiations, we now find ourselves in a situation where we have no alternative but to commence legal proceedings against the online music service SoundCloud.
When a writer or publisher becomes a member of the Performing Right Society, they assign certain rights to their works over for us to administer, so it’s our job to ensure we collect and distribute royalties due to them. SoundCloud actively promotes and shares music. (more…)
Posted by Glen Sears | May 26, 2015 8:47 am | No Comments
Last wee’s music news cycle focused heavily on streaming services and subsequent publishing rights, in large part due to The Verge’s leak of a Sony/Spotify contract agreement. The agreement sent shockwaves through the music industry as many were surprised by the full spectrum of the deal. Here are last week’s top stories:
Former Rhapsody Exec Jon Maples Joins 8Tracks
International Music Managers Forum Publishes Open Letter to EU on Publishing Laws
Long-Time ASCAP Executive Karen Sherry Is Retiring
Sony Prepares To Remove More Music From Soundcloud, While Ultra Questions Its Model
Jack White Defends Tidal & Jay-Z, Asks “Should Movies Be Free?”
Spotify Moves Into YouTube Territory With New Video Offerings
Beloved Executive & Blue Note Veteran Bruce Lundvall Dies at 79
The MediaNet Blog
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- SoundCloud Rescued and Installs New CEO, TIDAL Names New CEO Too, Amazon Eyes U.S. Ticketing
- August 14, 2017
- SoundCloud Speculation Continues, Apple Courting Indian Music Company, Sony Music Has Huge Q1
- August 7, 2017
- SoundCloud May Have New Equity Deals, YouTube Red Merging with Google Play, SESAC Strikes U.S. Radio Deal
- July 31, 2017
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