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SoundExchange To Continue To Distribute Most Pandora Royalties To Artists Despite Direct Licensing Deals
Source:
HypeBot
Royalties from Pandora’s ad-supported radio service will continue to be paid to artists through SoundExchange, despite recent direct licensing deals with major music companies. The agreement both insures a major income stream for SoundExchange and maintains the performing rights organization's position as a protector of artists. An agreement for SoundExchange to continue to serve as the distributor for royalties from Pandora’s ad-supported radio service has been completed with the approval of the major labels, Pandora's Glen Peoples announced in a ...
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YouTube’s Safe Harbor: The Push For Reform
Source:
HypeBot
With YouTube being the most used streaming service in the world, the pressure is building from major artists for a reform of the Digital Millennium Copyright Act which currently grants the video site safe harbor provisions harmful to artists. Guest post by Michael Kostaras from Berklee's Music Business Journal. Music industry pressure is mounting on YouTube. In June, a diverse group of 180+ major artists, including Paul McCartney and Taylor Swift, released a petition calling for a reform of the Digital Millennium ...
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High-Res Streaming May Be Getting Closer
Source:
HypeBot
Long awaited by many, it appears as though high-resolution streaming could soon become an industry reality, with the three major labels and several prominent streaming companies announce their support for a new higher quality format. Guest Post by Bobby Owsinski on Music 3.0 I’ve been predicting for over a year that the streaming world would eventually move to high-resolution audio, and a recent announcement from a group of large industry players makes it look like things are finally moving in ...
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Why So Many Music Startups Fail And What We Can Do About It
Source:
HypeBot
Why do so many music startups fail, and can we do anything to prevent it? Here we look at some alarming evidence demonstrating the incredibly high rate of failure in the music startup world, and if the end of innovation is nigh. Digital Deficiency: Why Music Startups Are Failing And What We Can Do About It Guest bost by Andrés Sánchez, CEO and founder of Tribes Just a few weeks ago, at the BBC Music Conference in London, this was the ...
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How To Survive The Music Industry In 2017
Source:
HypeBot
"The music industry can really fuck you up," writes David Emery, VP Global Marketing Strategy at Kobalt Label Services in this important essay/how to guide. “It’s all well and good to talk about it ... (but) breaking it down into some small things that might make working in the music industry slightly less likely to cause more stress than it really needs to." By David Emery from his blog. Let’s take stock, shall we? By all accounts, the world has gone crazy. ...
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Keyboardist And Vocalist Carol Albert Follows Her Radio Hit "Mas Que Nada” With A Burst Of Optimism On Her Latest Single "On My Way”
Source:
Carol Albert
After lighting up radio in the summer and fall of 2016—and celebrating the Rio Olympics- with her fresh and exotic contemporary re-imagining of the Brazilian classic “Mas Que Nada," veteran composer, pianist and keyboardist Carol Albert launches into 2017 with a burst of infectious, high energy optimism on her latest single, “On My Way." Set for release February 1, the percussive, horn-drenched track features Carol’s vibrant vocals conveying words which make this a much needed anthem for our times: “On ...
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Pandora Passes 4.3M 'Plus' Subscribers, Ups Revenue Estimate, Starts Major Staff Cuts (NYSE: P)
Source:
HypeBot
Pandora shared some positive news about both subscribers and earning late today, after investors shaved tens of millions of dollars off it valuation over the last week. Pandora stock was up 7% in after hours trading. After a tough week on Wall Street, Pandora (NYSE: P) announced late Thursday that it expects to exceed previously announced Q4 2016 revenue and adjusted EBITDA guidance ranges thanks to stronger ad sales and new subscribers to Pandora Plus which has surpassed 4.3 million in paid subscribers. ...
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Royalty Exchange Launches “Pay It Forward” with MusiCares and Music For Relief, Will Match Donations
Source:
HypeBot
Royalty Exchange has introduced “Pay It Forward," which offers rightsholders selling royalties through the Royalty Exchange marketplace the opportunity to donate a portion of their proceeds to select charities. With Pay it Forward, any songwriter, performer, or publisher conducting royalty auctions on Royalty Exchange can opt to donate 1%, 5%, or 10% of their sales profits to any of the organizations participating in the program. Royalty Exchange will facilitate the transfer of funds to the selected charities, and will match ...
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