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A six-minute blast of news you need to know in streaming audio.
THIS WEEK: Streaming surpasses CD sales in 2014 RIAA report; iTunes Radio goes to programmatic sales; Rdio’s new social features; Rhapsody plays on Twitter; BBC seeks to reinvent radio. Continue Reading
Double-digit growth in all forms of streaming buttressed the U.S. music industry against the continued slide in music purchases, holding the industry’s total value steady at 7-billion dollars. For the first time, streaming revenue surpassed CD revenue. Continue Reading
ReelRadio has obtained pro bono legal assistance in its argument with the RIAA. ReelRadio streams vintage radio airchecks, some of which include music, and the RIAA says the site is out of complicance. The law firm of King & Spalding has agreed to partner with the ReelRadio and handle the case. Continue Reading
The RIAA released sales and revenue numbers for the first half of 2014. At the top line, a decrease of 4.9% in overall revenue. Streaming posted 28% growth during the half-year — those services supplied 27% of total industry revenue during the front half of the year, drawing close to the 28% share represented by physical music sales. Click through for more. Continue Reading
REELRADIO, which streams radio airchecks, announced that it received a copyright compliance notice from the Recording Industry Association of America (RIAA). The company notes that structural and technical facts make compliance difficult. Continue Reading
The Internation Federation of Phonographic Industries (IFPI) released its summary of digital music usage and revenue for 2013. As with the RIAA report issued this week, the IFPI document shows vigorous growth of streaming and subscription music, bolstering a general industry picture of declining physical sales. Continue Reading
The Recording Industry Association of America (RIAA) released its report of 2013 sales and revenue today. (PDF here.) The main bullet point is that streaming is the fastest-growing segment of the recorded-music industry, and its revenue contributes to keeping the industry stable. Streaming has contributed a continually escalating percentage of total revenue since 2007. Continue Reading
Does Internet radio solve piracy? Let’s be clear about the question. By “Internet radio” we mean all forms of interactive listening that reflect the consumer trend to access as a new form of ownership. In other words, reaching for the… Continue Reading