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SoundExchange 2018 Artist Payments Top A Record $953M
SoundExchange distributed $953 million in sound recording performance royalties to recording artists and rights owners in 2018, more than in any year their 15 year history. A strong fourth quarter distribution of $345 million to music creators helped put the PRO into record territory for the year. Thanks in large part to the passage of the ...
SoundCloud Revenues Up 80%, Tops $100 Million
SoundCloud, the Berlin-based music streaming platform, made good on its promise to bring in more than $100 million for the 2017 calendar year, according a filing with UK Companies House this week. According to the filing, SoundCloud’s global revenues hit $102M in 2017. That’s an increase of 80% over the previous year. The figure also accounts ...
SoundRoyalties Opens Nashville Office, Networking Space
Sound Royalties has added a Nashville location. To oversee the expansion of the music industry specialty finance firm, Sound Royalties’ CEO and Founder Alex Heiche is now operating full time out of Nashville. The company will also host events and gatherings in its Nashville space, independently as well as in concert with other music organizations. The ...
Is Printing, Selling Physical CDs Still Worth It?
While there is a lot of nostalgia surrounding the CDs and CD buying culture, the manufacturing costs and associated complexities of creating them leave a lot of more contemporary artists wondering if, in the digital age, CDs are really worth it at all. Guest post by Brad Pack of Soundfly's Flypaper When was the last time ...
Why We Need More (Quality) Music Journalism
In this piece James Shotwell argues that, as music industry becomes increasingly crowded with artists, the need for more music journalists grows, and that social media's ability to fill this void is sorely lacking in the quality department. Guest post by James Shotwell of Haulix Music journalism matters more now than ever before. At no other ...
Music Distribution: Upfront Revenue vs. Revenue Sharing
Once you've finished creating your music, its time to develop a strategy for how you want to release it. With so many digital distributors out, it picking one can be a difficult choice, something made more complicated by the decision of whether you want to pay an upfront fee, or allow the distributor to share your ...
Royalty Exchange Passes $50 Million Paid Milestone
Royalty Exchange announced this week that it had paid out over $50 million from 535 royalty transactions in the three years since the company relaunched in 2016. 255 investors participated in the funding. Royalty Exchange is touting the marketplace as a funding source for the musical middle class with 52% of the catalogs listed earning $20k ...
Guide To Making Your Live Show More Interesting
The shows that truly stick in our minds often transcend just great music, using stunning visuals or other dramatic elements to emphasize the emotional power of the performance. Here we look at how artists can take their show to the next level and give fans a truly unforgettable experience. Guest post by Evan Zwisler for Soundfly's ...
New Titles Entering The Public Domain
January 1st of 2019 marked the first day on which a plethora of titles originally published in 1923 will finally enter the public domain, (meaning they can be used for free and without permission) after Congress extended the copyright term for an additional twenty years when they were originally supposed to be released in 1999. Here ...
The Truth About Advances In The Music Business
As with all entrepreneurs, songwriters are likely to run into issues with cash flow, to which getting an advance is one solution. Unsurprisingly such advance payments, while they do provide much needed cash on hand, come with a number of strings attached, and aren't always the best option. Guest post by Frances Katz of Soundfly's Flypaper ...
