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Spotify Admits Their Music Publishing Payment System Is Broken, Commits To Major Overhaul
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HypeBot
Spotify has gotten a lot of flack in recent months from music publishers and songwriters over unidentified and misidentified tracks leading to incorrectly paid or unpaid royalties. Today, Spotify pledged to fix the problem, while admitting that it will take some time. Spotify is pledging significant resources to build a “comprehensive publishing administration system” that will get songwriters and music publishers paid more accurately and quickly. “One of the most difficult challenges is the lack of accurate data as to who ...
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Songkick Sues Live Nation, Ticketmaster For Abusing Power To Stop Direct To Fan Ticket Sales
Source:
HypeBot
2015 was the year that artists and their teams learned the advantages of and profits earned from selling directly to fans. It's a hugely disruptive shift that is threatening to those who profit from their position as an intermediary; and few in the old guard have been as protective of their gatekeeper status as Ticketmaster. Concert listings and direct to fan ticketing platform Songkick has taken Live Nation and its ticketing arm Ticketmaster to court. Their federal court filing alleges that ...
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Should Musicians Opt Out Of Pandora’s Rdio Purchase?
Source:
HypeBot
Following its recent purchase of a bankrupt Rdio, Pandora has sent out an email that music industry pundit David Lowery believes is misleading. In it, Lowery says, Pandora appears to be attempt to get rights holders to allow Pandora to use their music in its future projects. Guest post by David Lowery of The Trichordist Remember that Pandora is buying some assets from the Rdio bankruptcy with the intention to expand its webcasting service into a windowing service like Spotify? How can they do that ...
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BitTorrent Report 2015 Shows 50% Growth For Direct To Fan Distribution Platform
Source:
HypeBot
BitTorrent has been recasting itself a mainstream direct to fan distribution platform for several years now, but 2015 was the year that their aspirations came closer to reality. Their annual BitTorrent Report chronicles activity on the platform. A recent survey showed that 41% of artists say they now use some for of direct-to-fan distribution, BitTorent, who sponsored the study, hopes to be at the forefront of this seismic shift. In the last year their Bundle publisher network grew 50% to more 30,000 creators with ...
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Copyright Royalty Board, Pandora Rate Ruling Reveals Cracks In Streaming Economics [Mark Mulligan]
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HypeBot
Yesterday's Copyright Royalty Board ruling, while raising key rates, is generally be seen as a win for Pandora and other non-interactive music services. But it also serves as a reminder of of just how, despite and even because of its huge success, allusive profits may be for Pandora, says top industry analyst Mark Mulligan. By Mark Mulligan of MIDiA The much anticipated outcome of yesterday’s Copyright Tribunal decision was a 20% increase of Pandora’s ad supported stream rate from $0.0014 ...
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2015: Year Of A Million Streaming Services [Cortney Harding]
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HypeBot
While there are a plethora of streaming services currently available, most of which are reasonably well designed and user friendly, none of them seem to have gained enough traction as to become especially profitable, meanwhile the market has become saturated. Guest Post by Cortney Harding on Medium 2015 will go down as the year that Apple, YouTube, and Jay Z all looked at the current music landscape and thought, “You know what the world needs? Another streaming service.” Now, none of these ...
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MIDEM 2016 To Have International Focus
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HypeBot
Music industry convention MIDEM will celebrate its 50th anniversary with an international focus.Taking place in Cannes, France, on June 3-6, the international dimension of the music ecosystem will be at the core of next year’s event, and will act as the central theme of 2016 conference program. It will examine how the music industry needs to build development strategies with a cross-border perspective and encompass best practices in digital, marketing, and monetization from all around the world. The conference program ...
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