Kobalt’s AMRA posts 28% increase in Spotify, YouTube earnings

The American Music Rights Association (AMRA), owned by music publisher Kobalt, which claims to be the largest independent music publisher in the world, reported increased earnings from both YouTube and Spotify in Q3 2015. During its first three months of administering Kobalt’s catalog in Europe, AMRA saw a 26% increase in Spotify earnings and a 34% increase in YouTube earnings for the publishing client. Continue Reading

Spotify-owned B2B streaming company makes big splash entering U.S. market

Today marks a big development in the B2B music space, as Soundtrack Your Brand arrives in the U.S. through a deal with McDonald’s. Soundtrack also announced that it has received a total of $20 million in funding to date. It is backed by Spotify, which also owns a third of the company, and works with businesses to set the music they want played at their stores. Continue Reading

David Lowery’s lawyers want details on Spotify/NMPA royalty settlement

The lawsuit filed by David Lowery against Spotify has gotten a new wrinkle today. Lowery’s legal team has filed a request to see all the correspondence sent by the streaming service to potential participants in the class action suit related to Spotify’s recent settlement with the National Music Publishers Association. Continue Reading