MediaNet Blog

Digest: Spotify Inks Long-Term Deal With Merlin, Google Play Now Samsung’s Default Music Service, SAG-AFTRA Fund

Posted by Glen Sears, Editorial Content Manager | April 24, 2017 9:21 am | No Comments

Daniel-Ek-CEO-Spotify-Tokyo-Conference-2016-billboard-1548

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.”

Digest: SOCAN & SODRAC Set To Join Forces, Spotify Signs UMG Deal, May Avoid IPO

Posted by Glen Sears, Editorial Content Manager | April 10, 2017 9:40 am | No Comments

Eric-Baptiste---CMW-2013

Top Music News Story

SOCAN Set To Join Forces With Reproduction Rights Body SODRAC
Canadian music rights bodies SOCAN (the Society of Composers, Authors & Music Publishers of Canada) and SODRAC (Society for Reproduction Rights of Authors, Composers and Publishers in Canada) are actively discussing the possibility of combining operations.

‘The integration of the management of public performance rights and reproduction rights could have many advantages and would reduce operating costs for rights holder members of each organization, and promises to increase efficiencies, leverage licensing relationships, and reduce operating costs, resulting in even more money to go to those who have earned royalties for their music and streamlined licensing for businesses using music,’ read a press release.

Read the full story on Music Business Worldwide

Other Music News Highlights

Canadian Music Rights Groups Hope to Make ‘Quick Progress’ on Merger. Baptiste expects to have board approval “within the next few months,” but notes that timeline could change: “We are meeting again. It’s going to be up to the board of SOCAN and the board of SODRAC to decide, but we hope to make quick progress on this.”

Spotify Signs Long-Term Deal With Universal, Opens Door on Windowing. The agreement, announced last week, represents the end of Spotify’s long-standing policy of granting all of its users — both free and premium alike — access to complete albums on their release dates.

Universal And Spotify’s Deal Is An Even Bigger Deal Than It Looks. Mark Mulligan writes that “Although the big focus across the industry so far is, understandably, on what this means for Spotify, it is also part of a bigger story, namely that of the maturation of the streaming market and its associated business models.”

Could Spotify ‘IPO’ (Without An IPO) As Early As September? Much has been made of Spotify’s imminent IPO, but a new report suggests the streaming service is instead considering a different approach – through a direct listing on a US stock exchange.

Google Play Music Launches in India, Undercuts Apple. Google is offering users its streaming service and radio stations for an initial discounted price of Rs 89 per month ($1.40) for those that sign up within 45 days, reports the India Times.

Major Scandal At The Copyright Office With $25 Million ‘Fake Budget’ Line Item. According to a Techdirt report, Register of Copyrights Maria Pallante put in place a fake twenty-five million dollar budget line item, and then intentionally deceived congress about it.

YouTube, Creators Respond To Monetization Threshold Change. Many throughout the industry have had strong reaction to YouTube’s changes to their monetization rules, including YouTube itself.

Digest: Spotify Close To Major Label Deals, Budging on Windowing, UMG Partners For VR Experiences

Posted by Glen Sears, Editorial Content Manager | March 20, 2017 9:30 am | No Comments

spotify-video

Top Music News Story

Spotify To Sign New Licensing Deals With Major Labels ‘Within Weeks’?
The Financial Times is reporting optimistic news: it says that “licensing talks have picked up considerably” between the Spotify and Universal Music Group – and even that “deals [with the major labels] could be inked within weeks.”

According to the FT’s sources, Spotify has changed stance on one crucial point: finally agreeing to allow blockbuster album releases to be ‘windowed’ on its premium tier.

Read the full story on Music Business Worldwide.

Other Music News Highlights

Spotify Softens Stance on Windowing New Music In Exchange For Lower Royalty Rates. The concession, which Spotify has long resisted, would reportedly be in exchange for the labels agreeing to reduced royalty fees for songs — the proposed deals are seen as a crucial step as Spotify tries to clear the path for an IPO in 2018.

Drake Has Reportedly Generated More Than $50m On Spotify. A spokesperson said: “Drake continues to break Spotify records, including his own, and is now the number one streamed artist and the first to reach over 10 billion streams.

Universal Inks Deal With MelodyVR For ‘Revolutionary Music VR Experiences.’ MelodyVR says it will be creating experiences with UMG artists including sell-out concerts, live performances, immersive music videos and intimate behind-the-scenes content.

Chance The Rapper Says Apple Music Paid $500,000 For 2 Week “Coloring Book” Exclusive. “I just wanna remain transparent, folks out there without a deal need to know they’re doing everything right just keep at it…I think (an) artist can gain a lot from the streaming wars as long as they remain in control of their own product.”

Pandora Not For Sale, Will Be Profitable This Year, Says Pandora CEO As Stock Falls. Pandora founder and CEO Tom Westergren made some bold claims during a CNBC appearance Monday — Wall Street seemed unimpressed, pushing the stock -6.3% to $11.60 by midday Tuesday.

Performance Rights in Pre-1972 Sound Recordings Kicked to California Supreme Court. The development is the latest in a high-stakes showdown that’s been unraveling since Flo & Eddie of The Turtles brought class actions against Sirius XM and Pandora for broadcasting hits like “Happy Together.”

Ticketmaster Expands ‘Verified Fan’ Program To Combat Bots, Ticket Scalping. Ticketmaster’s Verified Fan uses a combination of expert systems and customer data such as purchasing history in an effort to identify fans purchasing tickets and cut down on automated ticket buying systems or bots.

Digest: Spotify Acquires Sonalytic To Improve Pub Data, Pandora Premium Launching, NMPA Goes To Court

Posted by Glen Sears, Editorial Content Manager | March 13, 2017 10:14 am | No Comments

Spotify

Top Music News Story

Spotify Acquires Audio Detection Startup Sonalytic To Improve Publishing Data
Spotify has acquired Sonalytic, a UK based startup that specializes in audio identification that enables us to connect creators and rights-holders to monetization opportunities.

Spotify says it will use Sonalytic audio detection to improve its personalized playlists and to match songs with compositions to improve their publishing data system. Publishing data and subsequent payments have been a source of tension between the music streamer and music publishers and songwriters.

Read the full story on Hypebot.

Other Music News Highlights

Opinion 1: “Spotify Could Use It’s New Acquisition To Take On Shazam.” Hypebot reports that, “in addition to its public intent to use Sonalytic’s audio detection to improve its personalized playlists and to match songs with compositions to improve their publishing data system, Spotify could use it to build its own Shazam.”

Opinion 2: “Could Sonalytic Help Spotify Build, Not Buy SoundCloud?” “If Spotify is so minded, then, it could use Sonalytic’s technology to build its own version of the kind of technology SoundCloud has been developing – and thus open up Spotify’s platform to the kind of mixes, mash-ups and other user-generated content that has been the engine behind SoundCloud’s growth.”

Pandora Premium $9.99 On Demand Streaming To Launch Wednesday. Invites for a free trial will be sent to select users this Wednesday; and an option to upgrade will be available to all listeners over the coming weeks.

Liberty: We’d Buy Pandora… For $1bn Less Than We Offered Last Year. At the Deutsche Bank Media, Internet & Telecom Conference in Florida, Greg Maffei stated that Liberty believes Pandora’s “stock is overvalued. We will not pay the current market price so I think it’s very unlikely we’re going to end up buying them.”

Amazon Is Getting Involved In The Music Festival Business. The plans will involve a “physical festival presence” which could include “on-site food and product delivery, custom tour merchandise for purchase, artist meet and greets, and convenience amenities such as free Wi-Fi, water, charging stations, and restrooms”.

4,000 Songwriters Sign NMPA Petition As Copyright Royalty Rate Hearings Heat Up. The NMPA, in a statement last week, said, “This week the most important trial most people have never heard of will begin in Washington, D.C.”

“I Don’t See A YouTube Value Gap.” Believe boss Denis Ladegaillerie claims his digital distribution and artist services company earns 20% of its overall revenues worldwide from YouTube, and sees it as a vital revenue and promotion tool.

Digest: Facebook Is Hiring A Licensing Expert, YouTube Is Launching a TV Service, Global Music Revenue at 15-Year High

Posted by Glen Sears, Editorial Content Manager | March 6, 2017 9:09 am | No Comments

mark-zuckerberg-headshot

Top Music News Story

Facebook Is Hiring A Legal Music Licensing Boss
According to a freshly-posted job advert, the company is seeking a Legal Director of Music Licensing, based at its HQ in Menlo Park, California. “In this role, you will be responsible for solving cutting-edge licensing issues on a global scale, with an opportunity to help shape the future of music use on Facebook.”

It explains: “This position will partner closely with internal business counterparts in driving licensing negotiations, as well as coordinating with product, engineering, operations, finance and legal teams in support of the company’s evolving music licensing needs.”

Read the full story on Music Business Worldwide

Other Music News Highlights

YouTube to Launch Live TV Service. The new service will include content from all four broadcasters as well as some cable channels, all for $35 a month, the company announced Tuesday at an event for press and partners at YouTube Space LA.

Global Recorded Music Industry Reached $16.1bn In 2016. Discussing the numbers, MiDIA’s Mark Mulligan said: “The recorded music industry changed gear in 2016 and revenue looks set to be on an upward trajectory over the next few years.

SoundCloud Launches $4.99-A-Month Fully On-Demand Streaming Product. “SoundCloud Go answers the call from our users who want the ability to take the huge catalog of content found in SoundCloud’s free, ad-supported offering with them anytime, anywhere, without interruptions, at a very affordable price.”

Spotify Tops 50m Subscribers As Growth Rate Slows Down. It’s an impressive climb, and over double the latest equivalent figure from Apple Music – but actually represents a slowdown in subscriber growth percentage terms.

A Look At The 11 Startups Named To TechStar Music’s Inaugural Class. Bas Grasmayer of Music Tech Future takes a brief look at the eleven startups TechStar Music has inducted into their inaugural startup investment class.

RECAP: Dubset Launches Remixes on Streaming, Techstars Announces Music Startup Incubator, Azoff Goes After “Pirates”

Posted by Glen Sears, Editorial Content Manager | October 10, 2016 10:16 am | No Comments

apple-music-payouts

Spotify And Apple Music Dubset Deals Start To Pay Off

Startup Dubset Media is trying to license the kind of remixes and mash-ups previously only available on SoundCloud for other streaming services, with Apple Music and Spotify already on its slate of distribution deals.

TechCrunch reported that one of the first Dubset-licensed remixes has gone live on Spotify and Apple Music: a DJ Jazzy Jeff remix of Anderson Paak’s ‘Room In Here’. Interestingly, on Spotify the track’s rightsholder is listed as Dubset Media.

“Mixes are coming next,” Dubset boss Stephen White told TechCrunch. “Content owners have been very supportive. The publishing and label deals we have under license provides a large catalogue to work with.”

Read the full story on Music Ally.

Top Music News Stories

Techstars to Launch Accelerator for Music-Industry Tech Startups. It is the second music-focused accelerator to start in recent months, [paywall] after artist-management firm Th3rd Brain started one to help launch careers for individual musicians.

Irving Azoff Claims YouTube “Pirates” Are “Really Evil.” The CEO and Chairman of Azoff MSG Entertainment, Irving Azoff, is leveling some heavy criticism at YouTube in very public war as he attempts to get the popular video sharing site to properly compensate artists for their music.

What Is Google Daydream And What Does It Mean For Music VR? There are a growing number of VR/music startups who are expected to explore the Daydream platform alongside Gear VR, Oculus Rift, HTC Vive and other VR platforms.

Amazon Reportedly to Launch Amazon Music Unlimited and Echo-Only Streaming Service. A new post from German blogger Carsten Knobloch points to a clue hidden deep in the code for the Amazon Music app for the Fire TV media streamer that shows the company is due to launch their new music service soon.

Deezer Partners With Feature.fm to Let Artists Pay for Sponsored Plays. Feature.fm promises “unprecedented exposure” to artists who find themselves outside the radio system, offering a self-service way to upload music, choose a target audience and then monitor its performance — for a fee.

Download Revenue To Shrink 50% As Streaming Music Grows To 950 Million Users. According to the latest forecast by Strategy Analytics, streaming will account for 95% of all mobile music use, and that will grow the market to $12 billion by 2022.

TuneCore Acquires JustGo, Relaunches It As A Free Social Media Tool. TuneCore Social offers streamlined posts to Facebook, Twitter, Mixcloud, Soundcloud, YouTube, and Instagram, plus scheduled posts and analytics.

Spotify Reportedly Dealing With Malware Issue On Its Free Service. Spotify has acknowledged the issue, blaming “an isolated issue with an ad on our free tier” and promising that “We have now identified the source of the problem and have shut it down.

BitTorrent Reportedly Fires Co-CEOs, Shutters Streaming Service. During Delamar and Johnson’s brief tenure, the company launched BitTorrent Live, an app featuring 16 channels of live streaming content from independent video producers.

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.

RECAP: The Whole Story on the Frank Ocean Apple Music Exclusive, Spotify’s Label Contracts Expire, Closing the Value Gap in Europe

Posted by Glen Sears, Editorial Content Manager | August 29, 2016 9:14 am | No Comments

frank-ocean

Story of the Week

What the Frank Ocean Apple Music Exclusive Deal Means for UMG, Artists, and Labels
When Frank Ocean’s latest album ‘Blond’ dropped, it did so like a nuclear bomb, sending shockwaves throughout the music industry. In one of the audacious release strategies of recent years, Ocean and his team at 360 fulfilled the final album contractual commitment to Universal Music by ushering his breaking-the-mold visual album ‘Endless’ onto Apple Music.

But no sooner had Universal executives started daydreaming about Grammys then along came what turned out to be the ‘actual’ album ‘Blonde’, self released by Ocean (Universal contractual commitments now of course conveniently fulfilled) and, for now at least, exclusively available on Apple Music. Universal boss Lucian Grainge then reportedly sent a memo to the entire company outlawing exclusive deals with streaming services.

Sean Glass – a former Apple Music employee – wrote: “Contrary to what you read, there’s no scary Apple board room conspiracy where corporate is plotting to take over creativity via artist exclusives. There’s one guy who is behind ALL of these campaigns — and he is light years ahead of everyone else. He works intimately with each artist as a creative peer, and develops an amazing plan, this is no simple land grab. He works closer with the artists than labels do.”

That ‘one guy’ is very likely Larry Jackson – a Jimmy Iovine protege, who is tasked with striking artist relationships that result in exclusive deals for Apple.

Mark Mulligan of MiDiA Reseach claims, “Streaming exclusives (and indeed label services deals) work best when an artist has already established a brand and an audience. Most often that means after an artist has had a record label recording career. Apple cannot be relied upon to build anything more than a handful of artist brands.”

“Labels still account for the vast, vast, vast majority of music listening. Make no mistake, a momentous value chain shift is taking place, with more power and autonomy shifting to the creators, but that is a long journey and ‘Blond’ is but one part of this much bigger shift.”

Read the entire story on Music Business Worldwide & MiDiA Music Industry Blog.

Top Music News Stories

Spotify Is Out Of Contract With All Three Major Labels – And Wants To Pay Them Less. Spotify continues to be licensed by all three majors on a rolling month-by-month basis, and the possibility of UMG, Sony or Warner catalogues being pulled is widely regarded as out of the question.

Should We Believe All The Negative Hype Surrounding New DOJ Rules On PROs? Dave Brooks of Amplify offers an alternative perspective on the recent Department of Justice ruling, suggesting that the rules may in fact help rather than harm venues and event producers.

European Commission Seeks Solutions for YouTube Value Gap. Plans for user-generated platforms like YouTube and DailyMotion to require licenses or sign-up to revenue sharing deals with rights holders are reportedly being considered by the European Commission.

Playlists Dominate Listening For Most Music Streamers. Streaming music users love playlists and use them to drive their music consumption, according to a new survey and infographic just released by the analysts at Music Watch.

Amazon’s Echo-Only Music Streaming Service Again Rumored. The service will cost half of the now-standard $10-per-month that Spotify, Apple Music, Tidal (minus hi-res) and Amazon’s own rumored, full-feature service will cost.

Soundcloud Logs 175 Million Monthly Listeners To Massive 135 Million Track Catalog. New Soundcloud stats show just how big its footprint is, both in terms of listenership and the size of its music catalog — but most of their listeners are free and monetizing them, along with making such a massive catalog user-friendly, presents a challenge.

The Coming Arms Race In Online Music: Artist Services. Digital music industry veteran Tim Quirk examines the coming arms race in the music industry, with online music services competing to offer artists programs and features which enable them to generate revenue beyond just streaming royalties.

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!

RECAP: U.K. Digital Economy & Piracy Reports, Rdio Goes After Sony, Spotify May Abandon Freemium

Posted by Glen Sears, Editorial Content Manager | July 11, 2016 10:02 am | No Comments

uk-parliment-english-government-placeholder

Story of the Week

U.K.’s Digital Economy Bill Introduced, Would Allow Retransmission Fees
The U.K. government on Tuesday unveiled its Digital Economy Bill, which includes a part that could pave the way to U.S.-style retransmission consent fees and which wants to make the U.K. “the most digital nation in the world.”

The new bill also includes measures designed to strengthen protections for citizens. Among others, it will “protect children from online pornography by requiring age verification for access to all pornographic sites and applications” and “increase the sentencing options for people who infringe [on] copyright laws online, bringing sentences into line with the current penalties available for ‘physical infringement’.”

“We have consistently called for major pay-TV platforms to pay U.K. public service broadcasters (PSBs) fairly for the ‘transmission’ of their channels ending what is effectively a multi-million pound subsidy — and this is clearly a welcome first step in that direction,” an ITV spokesman said. “This is simply about ITV, and other PSBs, being paid fairly for their investment in original U.K. content so that we can continue to invest in the programs viewers love.”

Read the full story on Billboard.

Top Music News

Concerns Loom Over U.K. Music Business’ Future in Wake of Brexit Vote. Two weeks on from the U.K.’s historic decision to leave the European Union, no one is any the wiser about what or how big an impact it will have on the nation’s economy, 64 million population or future.

YouTube Leads Music Consumption While Piracy Dips, According to U.K. Government Survey. An estimated 78 million music tracks were accessed illegally online in the United Kingdom in a three month period, but levels of digital piracy are gradually beginning to decline, according to new research from the U.K.’s Intellectual Property Office (IPO).

What the Dept. of Justice’s Decision Means for Music Publishing. Almost everyone in the music-publishing business has expressed frustration with the Department of Justice’s recent decision not to amend the antitrust consent decree, but they don’t seem to agree on how this decision will affect the music industry — or even exactly what it means.

Sony Music Investigated by Rdio for Alleged Collusion in Streaming Music. The label responds that the suggestion of antitrust violations are “nothing but speculation and conjecture” and pretext for avoiding $17 million claims plus allegations of fraud.

Soundcloud Aims Straight At Spotify, Apple Music With “Artist Stations.” “The algorithm behind Stations serves content in a different way than the Suggested Tracks feature we recently launched — Stations serve a longer queue of songs that are a mixture of similar, new, and popular tracks related to the track or artist you started the Station from, for an experience closer to listening to the radio.

Users Leave Apple Music 3X Faster Than They Do Spotify. Apple Music has a problem with users dropping the service called their churn rate – “the annual percentage rate at which customers stop subscribing to a service” – and Apple Music’s is three times that of Spotify.

The End Of Freemium For Spotify? Analyst Mark Mulligan argues “that mid-priced subscriptions are crucial to driving the streaming market, and the burgeoning success of Spotify’s mid-priced-subscriptions-by-stealth strategy provides a bulging corpus of supporting evidence.”

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!

RECAP: Apple Makes News With Spotify & TIDAL, U.S. DOJ Imposes New Regulation on Songwriters

Posted by Glen Sears, Editorial Content Manager | July 5, 2016 9:59 am | No Comments

JayZ

Story of the Week

Apple In Talks To Buy Tidal Says Wall St. Journal, But New York Times Says ‘No Way’
Apple is in talks to acquire Tidal, the Wall Street Journal blasted late last week; and hours later re/code sources confirmed the conversations. But respected New York Times music journalist Ben Sisario quotes his sources as saying that Apple has no intention of purchasing Jay Z’s music streaming service.

Whoever turns out to be right, Apple buying Tidal is an intriguing concept. For both sides, the pros would seem to outweigh the cons. This would not be the first time that bad feelings and bravado have been overcome by a big check.

Read the full story on Hypebot.

Top Music News Stories

TIDAL Subscriber Count Significantly Lower Than Expected. A chart from analytics firm Statista show it with only 3 million subscribers.

Spotify Says Apple Won’t Approve New version of App Because It Doesn’t Want Competition. The firm says Apple turned down a new version of the app while citing “business model rules” and demanded that Spotify use Apple’s billing system if “Spotify wants to use the app to acquire new customers and sell subscriptions.”

Justice Department Won’t Alter Music Industry Royalty Rules. Justice Department lawyers told representatives of Ascap and BMI that the two groups, called performing rights organizations, must adopt a policy known as “100 percent licensing,” which means that any party that controls a part of a composition can issue a license for the use of the whole thing.

Global Music Market Expected To Grow Over The Next 5 Years. The market growth is attributed to the rising number of vendors and their expanding reach in developing markets, the popularity of concerts, growing number of music schools, and prevalence of digital music formats.

Music Is Almost As Important As Coffee For Monday Morning Motivation, Says New Survey. A new Spotify Ipsos survey, conducted in the US, Australia, Brazil, France and Sweden, found that music is just as likely as caffeine to motivate people on a typical Monday.

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!

RECAP: What Brexit Means For The U.K. Music Business, Led Zeppelin Wins In Court, Ticket Bots Under Attack

Posted by Glen Sears, Editorial Content Manager | June 27, 2016 9:32 am | No Comments

brexit-2016-billboard-1548

Story of the Week

What Brexit Means For The U.K. Music Business
The British music industry and wider touring business faces a turbulent future after the United Kingdom voted to leave the European Union (EU). Thursday’s historic referendum saw 52 percent of the electorate vote to exit the EU – dubbed Brexit – with more than 30 million people voting, the country’s highest turnout at an election in over 20 years.

The implications for the music industry are similarly grave with the decision to leave the economic stability of the EU anticipated to impact heavily on the live sector. A members’ survey conducted before the vote by the labels trade group BPI found that a two-thirds majority opposed Brexit on the grounds that going alone would carry grace consequences for the U.K. music biz.

“We’re stunned and saddened at the UK’s decision to leave the EU family,” Beggars Group founder and chairman Martin Mills said of the news in an email to his staff provided to Billboard. “While we digest the consequences, we’d just like to re-assure you all that the Beggars family is, always has been, and always will be, international, with no frontiers.”

Read the entire story on Billboard.

Top Music News Stories

European Commission, IFPI, BPI, AIM and Others’ Full Statements on Britain’s Exit. “We regret this decision but respect it.”

Led Zeppelin Wins ‘Stairway to Heaven’ Jury Trial. The jury — eight California citizens — delivered its verdict that the plaintiff owned the copyright to “Taurus,” that Led Zeppelin members indeed heard it, but that there was no substantial similarity in the extrinsic elements of “Taurus” and “Stairway to Heaven.”

Inside the Music Industry — and Congress’ — Fight Against Ticket Bots. “I don’t know how people in the first 30 rows get their ­tickets,” Q Prime’s Peter Mensch, ­longtime Metallica and Red Hot Chili Peppers co-­manager, told Billboard in January. “But none of my friends seem to be able to do it. And no one seems to care.”

U.S. Copyright Office Modernizes Key Part of Digital Licensing. The U.S. Copyright Office has taken an important step, finally making it possible to file compulsory licenses digitally.

Irving Azoff Calls On Music Industry To “Work Together.” “The music industry has never been more powerful and popular and we as an industry have never done a shittier job of rallying together as one industry.”

Pandora Listeners Added 1 Million New Music Stations In First 24 Hours. Each week, Pandora’s music team will handpick recently released music for each New Music Station blending emerging, underground and well-known artists across 9 genres.

Spotify, IHeartMedia Sued Over Audio Playback Patents. As the value of music streaming has grown, so have the legal action surrounding it—Spotify and iHeartMedia are the latest targets.

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!

The MediaNet Blog

Insights, News, Announcements, and Updates on MediaNet and the ever-changing world of music, technology, industry, and law.

Get Weekly Music News Updates Directly To Your Inbox!

Recent posts

Digest: Spotify Inks Long-Term Deal With Merlin, Google Play Now Samsung’s Default Music Service, SAG-AFTRA Fund
April 24, 2017
Digest: Fans More Willing To Pay For Music, Amazon’s Music Plans, Slacker Lays Off Staff
April 17, 2017
Digest: SOCAN & SODRAC Set To Join Forces, Spotify Signs UMG Deal, May Avoid IPO
April 10, 2017

Archive

Categories

Powered by WordPress