The judicial trend in cases about the copyright pre-1972 recordings has swung decidedly in the favor of artists. In August, Judge Mary Strobel issued a tentative ruling in support of Sirius XM in its legal defense against major record labels. However, on Tuesday she ruled in favor of the plaintiffs, securing compensation for the labels for the public performance of pre-1972 recordings. Continue Reading
College radio stations, represented by College Broadcasters, Inc. (CBI), will see their webcast royalty rates for the use of music recordings unchanged in the looming 2016-2020 royalty period. Most stations will use a simplified “proxy” reporting method to SoundExchange, an easier administrative process than the fastidious reporting that commercial stations must supply. Continue Reading
Webcast companies have filed written arguments with the Copyright Royalty Board, as the streaming industry moves inexorably toward a new licensing period for the use of music recordings starting in 2016. The filing deadline was last night at midnight.
The National Association of Broadcasters (NAB) and SoundExchange have both filed their documents. The two petitions use some of the same language, but to opposite purposes. We examine both arguments. Continue Reading
The latest quarterly data from SoundExchange revealed that non-interactive digital radio services are making progress in matching the royalties from other digital revenue streams. Last year, subscription music services such as Spotify, Rhapsody, and Beats Music posted a growth rate of 57 percent. If that rate holds, then those services will make $987 million this year. That would yield $690 million for rights holders, assuming a 70/30 split of the revenue. Continue Reading
Pandora inked its first direct record-label deal thanks to its new partnership with Merlin. Under this arrangement, Pandora will negotiate its payments directly with the independent rights group for the music Merlin represents rather than paying the Copyright Royalty Board’s statutory rates. Continue Reading
SoundExchange released the first edition of a new quarterly royalty breakdown called Digital Radio Report — an animated infographic that promotes SoundExchange’s contribution to the economy of streaming music (plus comedy), and reveals general music-licensing information to demystify how royalties work. Continue Reading
In a punchy keynote address at the New Music Seminar in New York yesterday, SoundExchange CEO Michael Huppe provocatively claimed that music sales decrease when radio plays songs. Huppe used that theme to support an argument that broadcast radio should be required to pay performance royalties to artists and labels, from which radio is currently exempt. Continue Reading
PPL (Phonographic Performers Limited), the British collection agency of performance royalties to labels and artists, announced its 2013 revenues, showing year-over-year growth in money collected, and clients served. PPL performs a parallel function in Britain’s music ecosystem as SoundExchange does in the U.S. Continue Reading
SoundExchange and a coalition of recording artists launched an awareness campaign called Project72, coordinated with the introduction of new legislation in the U.S. House of Representatives called The RESPECT Act. At stake is the earning power of records released before February 15, 1972. Continue Reading
In this guest article, IP attorney Angus MacDonald of the University of California analyzes the recently-released 2013 annual report from SoundExchange, and Pandora’s financial statements, to conclude that Pandora pays over 50% of SoundExchange collections to labels. What does this mean for U.S. regulations in the next royalty period? Continue Reading
Last year SoundExchange paid out $590-million to labels and performers, an all-time high. Over 10 years, it has distributed about $2-billion. 2013 was SoundExchange’s 10-year anniversary. SoundExchange collects royalties from Internet, satellite, and cable radio. Continue Reading
Library music streaming: You can borrow ebooks from public libraries with an intermediary app called OverDrive. Now, a similar service has arrived for borrowing music and movies from local libraries, assisted by software app Hoopla. Hoopla stands between provider (media… Continue Reading