TUESDAY 1.27.19
Music Business News From Around The Web
Updated continuously under the More News tab
Author archives: Bruce Houghton
What Beatles 2018 Success Says About Streaming’s Future [Mark Mulligan]
Almost 50 years after The Beatles disbanded, the Fab Four remain Universal Music Group’s fourth best seller of the last year. MIDiA analyst Mark Mulligan takes a fascinating dive into the numbers to discover what that implies for streaming’s future and the long term revenue that it may deliver to…
Sound Royalties Offers PledgeMusic Artists $3M In Low Interest Royalty Advances
Sound Royalties is offering artists stuck without payment from PledgeMusic royalty advances at 4%. The music-focused finance firm is committing up to $3 million to affected musicians. “We care about the impact these issues have had on creatives,” said Sound Royalties Founder and CEO Alex Heiche. “Numerous hard-working bands and…
Most Artists Don’t Understand Their Record Deal, Do You?
Musicians need to understand the contracts they sign and their implications, but most don’t. Michael Brandvold and Jay Gilbert are joined on the Music Biz Weekly Podcast by manager and educator Mark Tavern to explore why that is and what to do about. Signing a record deal is a major…
Full Text Of Spotify, WMG Dueling Statements On India Lawsuit and Launch
After WMG filed for an injunction to stop the launch of Spotify in India on Monday, both companies issued unusually strong statements that will resonate in the coming weeks, as the streamer continues global licencing re-negotiations with all three major music groups. From Warner Music Group (bold added) "After months…
Best And Worst Times To Post On Facebook 2019
Facebook may not be the holy grail of music marketing that you’d hoped, but with 2.32 billion monthly active users, it’s still an undeniably important channel. So, when are the best and worse times to post on Facebook to reach the maximum audience? via sharelov
Warner Music Files Suit To Stop Spotify India Launch, Streamer Claims ‘Abusive Behavior’
Warner Music Group and it’s Warner Chappell Music (WCM) publishing division filed an injunction in Mumbai on Monday to stop Spotify from launching its streaming service in India. WMG is alleging that the streamer has not obtained the proper publishing licenses. Warner’s court filing came after reports surfaced that Spotify…
SOCAN Reports A Record Breaking Year
Canadian rights organization SOCAN published their preliminary results for 2018, revealing that the year was a record-breaker for the Canadian music industry. The PRO recorded record total revenues of $374 Million for 2018, an 11% increase over 2017. Of that, $315 was distributed to SOCAN members, up from $295 million…
MON. BRIEF: WMG Suit Stalls Spotify India Launch • A Very Bohemian Oscars • R. Kelly Jailed • More
MONDAY 2.25.19
Music Business News From Around The Web
Updated continuously under the More News tab
129 Members Of US Congress Renew Assault On Musicians With The ‘Local Radio Freedom Act’
Broadcast radio lobbyists and a bipartisan coalition of 124 members House members and 5 senators are backing the latest edition of the Local Radio Freedom Act, which would continue to limit the royalties that radio stations pay on recordings. To put this in context, the United States is one of…