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Apple seeking lower revenue share payouts to labels

Apple is reportedly looking to renegotiate its deals with record labels in a move that could reduce the share of revenue it needs to pay out to those industry players. Unnamed sources told Bloomberg that the talks cover both Apple Music and iTunes. The current deals are slated to expire in June, but could be extended if new terms are not reached, according to the sources. Continue Reading

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Pandora sells its South Dakota terrestrial radio station

Pandora has sold its terrestrial radio station. It has handed off the South Dakota station KXMZ 102.7 to Haugo Broadcasting for $300,000. Pandora initially purchased the station from Connoisseur Media in 2015 for $600,000. The sale brings an end to a convoluted chapter in the audio company’s legal and licensing history. Continue Reading

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Warner inks YouTube deal despite “difficult circumstances”

Warner Music Group has signed a global licensing deal with YouTube, but the major label still reportedly expressed reservations about working with the video platform. CEO Steve Cooper has reportedly shared an internal memo with WMG that said the YouTube deal was signed “under very difficult circumstances.” Continue Reading

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SoundExchange Q1 report: “Off to a Fast Start”

SoundExchange, which collects and distributes label royalties from streaming music, released its Q1 2017 report this morning, citing growth statistics compared to Q1 2016. It’s a growth story of participating musicians, even as Pandora — the largest single contributor to label royalties from webcasting — reduced its involvement in this particular payment system. Continue Reading

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Radio performance royalty debate escalates with new bill giving control of airplay to artists

The battle of the bills continues in Washington, as over-the-air radio’s music royalty exemption is again under scrutiny by the 115th Congress. In the latest development, Congressman Darrell Issa (R-Calif) has introduced a new bill with a new solution which gives artists the right to forbid airplay of their music without payment. Continue Reading