Consumer digital spending grows; digital advertising grows faster

Consumer spending on digital products will grow a projected 5.1% to $2.1-trillion in 2019, according to McKinsey’s newly released State of Global Media Spending report. Advertiser spending on digital is growing even faster, and the trend, when combined with new CRB webcaster rates, might have implications for radio stations. Continue Reading

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Live365 suffers a collision of misfortunes, lays off most employees and vacates office

Live365, one of the most venerable brands in this industry, is affected by shifting regulations that change the cost of music on January. In addition, the company’s investors have pulled support from the company, forcing an immediate financial crisis. RAIN News has learned that as a result, nearly the entire staff was laid off this week. Continue Reading

CRB Developments: Revised Rates and Terms, Issues about Performance Complement and Small Webcasters

Unsettled issues are flowing into the industry mindspace following the Copyright Royalty Board (CRB) ruling of new webcast royalty rates to labels on December 16. Broadcast law attorney David Oxenford untangles what the issues mean to broadcasters and small webcasters. Continue Reading

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CRB: Small webcasters face January 1 with fear, anger, hope, and strategies

Small webcasters feel left out. The music licensing terms under which they have been operating since 2006 are about to expire. Countless small businesses, many of them streaming unique programming in specialized music categories, could shut down this week. Owners of independent streaming stations who have contacted RAIN News have expressed dismay, fury, and guarded hope that the omission of a carve-out for small webcasting represents a delayed announcement that could still arrive in time. Continue Reading