Daniel Ek responds to Taylor Swift with comprehensive defense of Spotify

Posted on by Anna Washenko

The decision by Taylor Swift and her label, Big Machine, to remove her entire back catalog from Spotify sparked a wave of debates and arguments about the pros and cons of the streaming music economy. Swift herself said in an interview with Yahoo that the reason for her action was her skepticism about streaming platforms. Spotify CEO Daniel Ek wrote a lengthy blog post in an effort to clear up misunderstandings about the streaming ecosystem that have sparked many of the most vocal diabtribes. Continue Reading →

Rdio contributed most of Cumulus annual growth in digital ad revenue (earnings call recap)

Posted on by Brad Hill

Radio group Cumulus Media and online music service Rdio forged their partnership last September, so yesterday’s earnings call from publicly traded Cumulus could be approached as a one-year anniversary of the terrestrial/online hook-up. In year-over-year growth in ad revenue, digital led the way, and Rdio led digital. Continue Reading →

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iHeartMedia proposes reducing webcast royalty rates by 80%

Posted on by Brad Hill

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

Posted on by Anna Washenko

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 →

Universal prepares for ongoing legal licensing fights, hires performing rights special advisor

Posted on by Anna Washenko

Universal Music Publishing Group announced that it has hired a special advisor on performing rights. The new post will be filled by Richard Conlon, who will advise the publisher on matters tied to advocating, protecting, and maximizing the value of performing rights for its songwriters. Conlon led the label’s digital new media licensing divisions as a former senior vice president at BMI. Continue Reading →

Spotify Connect lets your phone be a musical remote control

Posted on by RAIN News Staff

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 →