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Vickie Nauman: Sustainability in Music
by Vickie Nauman
Guest columnist Vickie Nauman is Principal and Owner of CrossBorderWorks Consulting & Advising, and was U.S. President of 7digital for two years. Here, she identifies five points of sustainability in the new music industry. Continue Reading
Quick Hits: Music industry exodus; The Pirate Bay resurfaces; big App Store changes
Brief news items and worthy reads from around the web: Troy Carter goes to Spotify — is it a trend signal? Also The Pirate Bay returns to its original domain and Apple’s App Store is getting a big revamp. Continue Reading
The industry’s battle against YouTube gathers steam
With the recent wave of music industry organizations worldwide releasing their data for 2015, two distinct trends have emerged. One of them is a growing dissatisfaction with the flow of money through ad-supported streaming services. Some reports just imply frustration, while others have centered on YouTube as the symbolic scapegoat for their anger about the amount of revenue generated by that type of media platform. Continue Reading
Music consumption explodes worldwide, powered by streaming (IFPI)
The IFPI has released its 2016 global report, which points to streaming as the key reason behind music’s first year of significant total revenue growth since 1995. Global revenue rose 3.2% last year to $15 billion. Digital outperformed physical revenue for the first time, a result that echoes the U.S. trend highlighted by the RIAA’s annual report. Within that strong performance, streaming emerged as a powerhouse, accounting for 43% of the year’s digital revenue. Continue Reading
SoundExchange’s Annual Royalty Collections Approaching $1 Billion — Due to Pandora
by Angus MacDonald
Intellectual property attorney Angus MacDonald was the first to calculate that Pandora paid more than half of all SoundExchange collections of royalties to record labels. In this column, he calculates a higher percentage for 2015, noting that the growth of SoundExchange royalty collections is tied closely to Pandora, and that the pace is slowing. Continue Reading
Musicians petition Copyright Office over DMCA
The music industry is taking a stand against the Digital Millennium Copyright Act, with more than 100 artists and managers petitioning the U.S. Copyright Office to change the current safe harbor laws. The industry has submitted three letters to the office – one from music managers, one from creators, and one from artists and songwriters – explaining their concerns with the existing interpretation of the regulation and calling for change. Continue Reading
Streaming services hit with another pre-1972 royalties lawsuit
A large swath of streaming platforms have been hit with another lawsuit over pre-1972 royalties. The plaintiff is Ricky Spicer, a member of the group Ponderosa Twins Plus One, and he is seeking class action status for his case against Spotify, Apple, Google, SoundCloud, iHeartMedia, Pandora, and Sony Computer Entertainment. Continue Reading
Second single from Adele’s ’25’ available to stream
Adele has thrown a new curve into her promotion strategy for the album 25. “When We Were Young,” the second single from the record-breaking album, dropped today. And although the big buzz around 25 when it released was the sales-centric philosophy, the single has also arrived on streaming services. Continue Reading
Mark Mulligan: YouTube Just Broke the Chart’s Back
by Mark Mulligan
Guest contributor Mark Mulligan reacts to the RIAA’s decision to add YouTube music streaming metrics into the organization’s sales calculations and bestowal of Gold and Platinum album awards. But is streaming the same as buying? Here, the key difference. Continue Reading
German album charts to reflect streaming (but it’s complicated)
The Official German Album Charts will begin reflecting streaming counts starting Feb. 5. However, the update from BVMI/GfK comes with several caveats in what streams will be included and how they will be valued in rankings. Continue Reading
Recording Academy to form PAC for music lobbying
The National Academy of Recording Arts and Sciences, the force behind the annual Grammy Awards, announced plans to create a lobbying group dubbed the Grammy Fund for Music Creators. “We won’t be the largest PAC in Washington, but we will be the loudest,” the academy’s Daryl P. Friedman said. Continue Reading