Internet Radio REWIND, an audio recap of the week. This weekly podcast is a quick and concise catch-up of the week’s top stories. This week: Apple’s announcements …. The future of the music industry … the U.S. government might change music licensing … and independent labels throw YouTube under the bus. Continue Reading
This week, the United States Department of Justice announced that it would review the consent decrees that set the rules for Performance Rights Organizations ASCAP and BMI for the licensing of musical works on all forms of broadcast and in venues. Guest commentary by Casey Rae, VP for Policy and Education at the Future of Music Coalition. Continue Reading
Can a music service deliver good comedy programming? That’s what we intended to find out. We turned off the tunes and hunted for laughs in major music services to see how well the genre was represented and serviced. Continue Reading
Boutique investment banking firm Coady Diemar released its June edition of the Random Bits note to investors. Focused on digital music, with particular attention to the Apple/Beats acquisition, the analysis concludes that the so-called access model is supplanting music ownership. Continue Reading
Apple has non-publicly introduced high-def audio into the new iOS 8 mobile operating system which will be launched later this year. Coupled with Apple’s acquisition of Beats Electronics, the addition of high-quality audio eats into the market Pono Music hopes to establish. Continue Reading
Music licensing is a hot topic in 2014 in the U.S., with all constituencies — broadcast, streaming, creators, labels, artists, lobbying groups — jockeying for position to make an argument for change … or trying to halt change. The U.S. government, which regulates the maddening thicket of music licensing rules and rates, is trying to understand all the angles just as industry observers are. Continue Reading
PPL (Phonographic Performers Limited), the British collection agency of performance royalties to labels and artists, announced its 2013 revenues, showing year-over-year growth in money collected, and clients served. PPL performs a parallel function in Britain’s music ecosystem as SoundExchange does in the U.S. Continue Reading
Most publicity around Pandora is U.S.-based, naturally enough since most of its business and audience are stateside. But Pandora is available in two other national markets — Australia and New Zealand. Today comes an announcement of Pandora partnering with Samsung in a distribution agreement that puts the Internet radio platform on Samsung Smart TVs. Continue Reading
Yesterday we posted main points from Price Waterhouse Cooper’s Entertainment & Media Outlook study — an analysis and economic projection of several media industry categories that was introduced in a live webcast. PWC provided RAIN with deeper dives into the Radio and Music Industry portions of the report. Continue Reading
In the latest update of a standoff between Google’s YouTube platform and organizations of independent music labels, the labels are escalating the argument to the British and Belgian governments. The complaint centers around YouTube’s “bullying and intimidating behavior” during contract negotiations for a new YouTube music service. Continue Reading
In 1941, the U.S. Justice Department set up a music licensing system that still governs publishers, composers, and songwriters. Today, the Justice Department announced its intention to review the 73-year-old laws and consider changing them. At stake — how publishers negotiate royalty payments, how much money music creators earn, and costs to streaming music services. Continue Reading
Today Pandora released the final edition of its monthly audience metrics report, bringing to an end a two-year series of disclosures. Audience metrics were essentially flat month-ever-month, with year-over-year gains. Pandora stock (P) opened sharply lower this morning, and remains down about 2.5% as of this post. Continue Reading