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Why Songwriters Must Pay Attention To A Trump Tax Reform Plan
Source:
HypeBot
In 2006, congress reclassified songwriters income from the sale of a catalog as “capital gains" as opposed to ordinary income, giving artists an important tax break. Under the newly proposed tax reform bill, however, artists are at risk of losing this big break. Guest post from Royalty Exchange Songwriters came dangerously close to losing a key break that allows them to cut their tax bill by almost 50%. When The U.S. House of Representatives submitted its tax reform bill last ...
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Founding Member Of Jefferson Starship's Lawsuit Over Name Continues
Source:
HypeBot
A federal judge Tuesday refused to dismiss a lawsuit from Jefferson Starship’s former lead guitarist, who wants the group to stop using the rock band’s famous name. U.S. Magistrate Judge Maria Elena James denied a motion to dismiss Craig Chaquico’s second amended complaint. Chaquico sued his former bandmates David Freiberg and Donny Baldwin in April, claiming they are using his likeness and the Jefferson Starship name to promote their new group, despite a 1985 agreement to retire the band’s name. Freiberg and Baldwin argued ...
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Goliath Never Learns: Google Yanks True Parody By Content Creators Coalition
Source:
HypeBot
While people are quick to call foul when YouTube issues take-downs on what the creators think are parodies, the video sharing site recently removed a true parody from the creatives at C3, calling out YouTube for its failure to properly compensate artists. Guest post by Chris Castle of Music Technology Policy If you’ve ever heard some of the truly muddled gibberish from YouTubers or Facebookers justifying counternotifications after being hit with a copyright claim, you’ll know that what seems like ...
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FCC Boss Wrecks Media Ownership Rules In Huge Gift To Sinclair Broadcasting
Source:
HypeBot
While the FCC's Ajit Pai has been working hard to ignore the public outcry against the death of net neutrality, he's also been busy actively gutting media consolidation and ownership regulations solely, says Karl Bode of Techdirt, for the benefit of Sinclair broadcasting. By Karl Bode of Techdirt FCC boss Ajit Pai has been busy ignoring the public while he kills popular net neutrality rules. But he's also been working hard to weaken broadband deployment standards to obfuscate a lack of broadband competition, to gut ...
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38% Of The Music Business Now Indie Labels
Source:
HypeBot
While it may be a commonly held belief that a choice few major labels dominate the music industry, new data reveals that this simply isn't the case, with indie labels having generated over $6 billion in the past year, and making up roughly 38% of overall music business. Guest post by Bobby Owsinski of Music 3.0 If you thought that there are only three major labels working in the music industry today, then you’re wrong. A new study has found ...
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What Promises To Transform Music Listening In The Age Of Alexa? Lyrics.
Source:
HypeBot
We've come a long way since the wild west of lyrics, which are now easily searchable and provide artists with an additional source of income. Moving forward, lyrics will provide essential contextual metadata in the age of voice command. Guest post by Darryl Ballantyne of Lyric Find Lyrics provide essential contextual metadata, information about tracks that can’t be extracted and discovered any other way. They can unlock a future when you can walk into a room and ask via voice command ...
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UNBUNDLED: Reformatting Music's Barriers
Source:
HypeBot
The unbundling of music has been a hot topic within the industry ever since Steve Jobs insisted that iTunes be able to sell every individual album track for 99 cents. Here, Adam Marx continues his deep and important analysis of the practice with a look at how unbundling has unwrapped previous barriers and changed music. By Adam Marx The first movement in this symphony is the “unbundled” piece. It’s all about “reformatting” the conceptual barriers that initially existed for decades. It’s divided into two parts: Choice and Format. ...
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Record Growth: Pressing Plants Invest In Vinyl
Source:
HypeBot
While streaming may be the dominant form of music consumption, it's no secret that vinyl is also seeing an impressive renaissance among music consumers, which is causing more pressing plant to make the smart investment and poney up for vinyl. Guest post by William Glanz of SoundExchange [Editor’s note: We’re all about streaming at SoundExchange. But we have a special place in our hearts for vinyl. We all remember the first album we bought (but couldn’t find it now if ...
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