6

iHeartMedia proposes reducing webcast royalty rates by 80%

by Brad Hill

iHeartMedia has proposed reducing the royalty rate webcasters pay to artists and labels, cutting the existing rate set for terrestrial webcasters by 80 percent. The suggested royalty amount is less than half of Pandora’s suggested rate, which in turn is about half the rate suggested by SoundExchange, which represents music labels. iHeart’s argument is based on its negotiated deal with Warner Music Group, which provides lower royalty rates in exchange for greater exposure of Warner music. Continue Reading

Bono and other music leaders talk streaming’s positive future at Web Summit

Several leaders from the music industry spoke last week at the Web Summit in Dublin about the role of streaming for musicians and listeners. One panel included several managers discussing the current environment for music. Jonathan Dickins, who represents popular singer Adele, spoke favorably about the role of streaming. Another panel from the Summit focused on Music and Movies in the 21st Century. At that discussion, U2’s Bono also spoke out in support of a streaming music economy. Continue Reading

Spotify Connect lets your phone be a musical remote control

Spotify introduced a new use for its Spotify Connect feature, letting listeners use their mobile devices as a remote control for music playing from a desktop. Once you’ve linked up your computer, you can use the mobile app to skip songs and change tracks from the phone or tablet. through this and other features, Spotify seeks to keep users connected to the platform anywhere, and through multiple devices. Continue Reading

Streaming talk content gets another boost: Scribd adds audiobook subscription service

Scribd, a digital book service, launched an all-you-can-read ebook subscription program last year. Now, it has added an audiobook component to its offerings. The plan costs $8.99 a month and offers unlimited reading and listening within its catalog. It currently has more than half a million ebooks and more than 30,000 audiobooks available. The rollout of audiobooks within Scribd’s service highlights a few of the recent trends that the entertainment and media industries should be keeping tabs on. Continue Reading

Rumor Fact(ory): Microsoft may launch music locker to supplement streaming service

Earlier this week, sources hinted that Microsoft may be working on a music locker service. Windows Central reported that the company’s cloud storage service, OneDrive, will now automatically create a music folder for your account. This folder would store a person’s own music collection, but sources said it would likely also connect with the existing Xbox Music service. Continue Reading

1

BMI tells Pandora it’s not expecting publisher withdrawal

A legal tug-of-war between Pandora and performing rights organization BMI has been in progress since a ruling last December, and it took a new twist last week when BMI reportedly advised Pandora that it does not expect any major music publishers to withdraw their catalogs at the end of 2014. This communication was strong on reassurance but weak in specifics. Continue Reading

Australia and New Zealand to reflect streaming figures in singles charts

Streaming just got a little more legitimacy from industry leaders in Australia and New Zealand. Singles charts in both countries announced that they will factor streaming numbers into their calculations. Both the Australian Recording Industry Association and the New Zealand Top 40 said streaming data will help determine the No. 1 songs. Continue Reading