Denmark’s music industry increased its total revenue 9% to 494 million kroner ($70.8 million) in 2016. IFPI Denmark found that streaming accounts for the lion’s share of that revenue at 392 million kroner ($56.2 million) and a 79.4% market share. Continue Reading
It seems that acclaimed rapper Jay Z had an odd weekend. He took down his catalog from both Apple Music and Spotify over the weekend. By Monday afternoon, though, he had reversed course on Apple Music and returned his albums to that platform. Spotify, on the other hand, still only has a limited selection from his catalog. Continue Reading
ASCAP has announced a deal with Landr to offer music mastering services to its members. All ASCAP members will now receive a basic subscription to the automated mastering service. Continue Reading
Pandora has promoted Susan Panico to its senior vice president of strategic solutions. Panico’s appointment fills the position left vacant by Heidi Browning, who left the company in the fall of 2016 to join the national Hockey League. Continue Reading
Brief news items and worthy reads from around the web: Beta tests in India for YouTube Go. Music services become memes. Continue Reading
Canada’s Bell Media has entered an exclusive music publishing and administration deal with ole, an independent rights management company. The arrangement covers the in-house music library of the telecom. Continue Reading
Kanye West’s album The Life of Pablo has achieved platinum certification just based on streaming performance. The album, which was released in February 2016, has reached 1.5 billion streams in the U.S., enough to attain platinum certification from the RIAA. Continue Reading
ASCAP announced that it collected revenue of $1.059 billion in 2016, breaking the billion-dollar revenue mark for a third year. The performing rights organization distributed more than $918 million to its members over the course of the year, up 5.6% over the year before. Continue Reading
Nielsen’s Total Audience Report for Q4 2016 placed a focus on news. The results showed how much of a role radio plays in news consumption for U.S. adults. The weekly gross amount news consumption on radio in PPM markets rose from 10.5 billion minutes in 2015 to 11.5 billion minutes in 2016. However, radio did top the share of weekly listening in 2016 among U.S. adults. Continue Reading
Streaming is on the rise among Canadians. According to Solutions Research Group in Toronto, 62% of all online Canadians use a streaming service. The total audience of paying subscribers in Canada was estimated at 1.9 million as of October 2016. Continue Reading
After two years of negotiations, Spotify has broken through with a major label deal. The two companies had been operating on a month-to-month basis while working out a longer-term arrangement. They have been in on-again-off-again negotiations, but now they reportedly just need the sign-off from both CEOs to become official. Continue Reading
Cary Sherman will step down from his role as CEO and chairman of the RIAA at the end of 2018. Sherman has been with the industry group for more than four decades, beginning as an outside counsel and then climbing the ladder to the top post. Continue Reading