The Orchard adding royalty processing as more indies seek control

Indie distribution company The Orchard announced that it has purchased RoyaltyShare, a royalty-processing service, and made a strategic investment in a second royalty processor, Korrect. Thanks to the combined elements of those businesses, The Orchard will be providing a standalone royalty processing service for independent record labels. Business management has been a pivotal topic for independent artists as more listening happens in the online space, especially with the popularity of streaming platforms. Continue Reading

Germany reportedly has 2.5 million premium streaming subscribers

New research found that Germany reportedly has 2.5 million are paying for premium streaming services out of about 11.6 million total listeners on streaming platforms. The study, conducted by market research institute GfK for the music trade body BVMI, also reported that 6.4 million German people listen to ad-supported streaming for more than 90 minutes each week. Continue Reading