German collection society posts increased streaming revenue, but critiques royalty rates

GEMA, a German collection society, announced that its 2014 global revenue was €893.6 million euros (about $950 million). Streaming revenue accounted for €44.8 million, up from €26.4 million in 2013, but GEMA came out with a strong statement against the current royalty split between rights holders, songwriters, and publishers. Continue Reading

SoundCloud teams up with the company behind YouTube’s Content ID

SoundCloud has entered into a partnership with content identification service Zefr. The deal appears focused on monitoring what tracks get played and when. Although neither SoundCloud nor Zefr have disclosed much detail about the nature of their new partnership, it’s likely a step in SoundCloud’s push into monetizing its platform. Continue Reading

First hints drop of Justice Department’s consent decree decisions

The Department of Justice has been engaged in a review of consent decrees for more than a year. These rules govern the blanket licenses that performing rights organizations negotiate on behalf of music publishers. Billboard has a piece on the changes the department is reported to be considering, according to its unnamed sources. Continue Reading