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Songwriters move closer toward proposing blanket mechanical licensing law

Posted on by Anna Washenko

Several organizations within the music industry are making an effort to create a blanket mechanical license for digital music services. David Israelite, president and CEO of the National Music Publishers Association, introduced the latest push at the monthly meeting of the Association of Independent Music Publishers. The proposed law would streamline the process of collecting mechanical royalties as well as revising the rate-setting process. Continue Reading →

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Indie music is on the rise and benefits from streaming

Posted on by Anna Washenko

Independent record labels have a 38.4% share on the industry based on rights ownership, producing global revenue of $6 billion in 2016. That’s the top-line finding from the Worldwide Independent Network’s annual report on the financial state for indie music. Mark Mulligan of MIDiA Research authored the report, based on a survey of 660 labels and distributors. Continue Reading →

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Billboard charts to distinguish between free and paid streams starting in 2018

Posted on by Anna Washenko

Billboard announced that will adjust how it weights streaming equivalents for its charts. Under the current system, Billboard only distinguishes between streams from on-demand platforms and streams from programmed services, with more weight given to the on-demand plays. Beginning in 2018, Billboard will begin weighting paid streams more heavily than free listening streams. Continue Reading →