Streaming income driving growth for Merlin members

Indie licensing agency Merlin conducted a survey of its members and found that digital service revenue increased in 2014 for nearly three-quarters of its respondents. Digital revenue now accounts for more than half of overall income for more than half of Merlin’s members. The survey pointed to streaming and subscriptions as key factors in the growing digital revenue. Continue Reading

Indies sign on to Apple Music following free trial royalty reversal

Multiple major independent groups have voiced support for Apple Music following the tech company’s choice to pay royalties during the free trial period of its upcoming streaming service, with many signing contracts that reflect that new policy. WIN, Beggars Group, Merlin, and IMPALA are all joining the bandwagon. Continue Reading

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Google goes freemium: Play Music gets ads

Google has unveiled a new free version of its Google Play Music streaming service. This ad-supported tier will offer a more limited lean-back experience compared with the paid subscription to its platform. The free level offers curated playlists designed to pair with specific genres, moods, or activities. It is rolling out first on Android and web, with an iOS update due soon. Continue Reading

Interim CEO steps down from Tidal

Tidal has had another changing of the guard, with interim CEO Peter Tonstad leaving the top position. Tonstad was CEO of Aspiro, which was Tidal’s parent company prior to the buyout by Jay-Z. Tonstad stepped in to replace Tidal’s previous CEO Andy Chen, who stayed only two weeks with the company following the change of ownership. Tidal is also in the news today as a tangent to the latest activities of the current queen of the music scene, Taylor Swift. Continue Reading

Spotify, SoundCloud, and Shazam execs recognized as top European entrepreneurs

The Financial Times published a list of the top 50 tech entrepreneurs in Europe, and the rankings included several key players from the music industry. The list of CEOs and founders was compiled with the help of Founders Forum. Any nominees had to either be European nationals or live in Europe while running a tech company. Spotify CEO Daniel Ek took the top spot. Continue Reading

Guvera looking to offload Blinkbox Music just six months after buying it

Blinkbox Music started out the year with so much promise. The music service was sold by UK retailer Tesco to a new owner, up-and-coming streaming platform Guvera.

Unfortunately, things have gone south with the new alliance. Guvera placed Blinkbox into administration in early June and let 100 of its staff members go. “The company has faced significant financial pressure in recent months, since its acquisition by the Guvera group,” said Finbarr O’Connell, one of the joint administrators for Blinkbox. Continue Reading

Taylor Swift gets Apple Music to reverse policy on free trial royalty payments

We recently reported that Taylor Swift’s latest album would not be available through Apple Music. Yesterday, Swift published a Tumblr post explaining why. She questioned Apple’s decision to not pay any royalties to artists, songwriters, or producers for song plays during listeners’ three-month free trials. “These are the echoed sentiments of every artist, writer and producer in my social circles who are afraid to speak up publicly because we admire and respect Apple so much,” she said. Continue Reading