by Bret Kinsella
Royalty payments are the single biggest cost for Internet radio and audio streaming services. Guest columnist Bret Kinsella examines SoundExchange’s Q4 financial statement, and matches it up to streaming growth metrics. The two datasets don’t match, but it’s not about lower revenue to the music industry. It’s about the money taking different paths to get there.
Garth Brooks has been recognized by SoundExchange as the first country artist to secure more than 1 billion streams on digital radio. The achievement means that Brooks received the SoundExchange Digital Radio Award for his popularity across digital radio. Continue Reading
SoundExchange released its digital radio report for Q4 2015, a publication marking growth for both the quarter and the year. The company’s royalty quarterly distributions increased 16% over the year-ago period to $211.4 million. Continue Reading
The Copyright Royalty Board (CRB) published its acknowledgement of SoundExchange’s intent to audio the music royalty payments of Pandora and several broadcast groups. An audit sounds alarming, but in fact is a standard annual process. Continue Reading
Brief news items and worthy reads from around the web: SoundExchange’s 2014 unclaimed royalties drop; a primer on streaming inequalities; Pirate Bay co-founder at it again. Continue Reading
If it’s difficult to identify winners and losers in the new CRB webcaster rates, the official comments emanating from three major participants tell a story: Major webcasters OK with it; music industry not. Continue Reading
SoundExchange released its third-quarter figures for payments made and received from digital radio. The rights manager paid out $204 million in the quarter to 87,219 payees. The timing of this release is pointed, as today the Copyright Royalty Board is slated to release its decision on the statutory royalty rates to be paid by non-interactive streaming platforms during 2016-2020. Pandora is one of the bigger players to be impacted by this ruling, but SoundExchange has just as much on the line. Continue Reading
The Copyright Royalty Board (CRB) will finalize the Webcaster IV proceeding today. Here’s the background, the players, and what’s at stake.
One aspect of the music licensing ruling expected from the Copyright Royalty Board (CRB) has been delivered, as an answer from the Register of Copyrights to a question posed by the CRB. The question? Whether webcasters could pay different royalty rates to major labels and non-major labels. Continue Reading
SoundExchange and the public radio networks have received approval from the Copyright Royalty Board for their royalty settlement. CRB still needs to approve the part of the settlement that dubs the public radio sector a collective entity, a decision which is not expected until after it has settled rates for all webcasters. Continue Reading
SoundExchange announced that it has surpassed $3 billion in digital royalties paid to recording artists and labels since 2003. Last year, the organization issued payments of $773 million, representing about 16% of total revenue from the entire U.S. recorded music industry. Continue Reading
David Byrne joined SoundExchange as a board member back in May, and today he put his star power to work on the Capitol Hill. He joined SoundExchange CEO Michael Huppe in a meeting with Rep. Jerrold Nadler (D-N.Y.), a co-sponsor of the Fair Play, Fair Pay Act. Continue Reading