Lawmakers in Congress have introduced a new bill meant to help copyright owners. Dubbed the Copyright Enforcement in Small-Claims Enforcement, or the Case Act, the proposed legislation aims to set up the Copyrights Enforcement Board. If passed, the bip…
Author archives: Daniel Sanchez
Game Over for PledgeMusic — Leaked E-mail Reveals Pre-Liquidation Fire Sale Set to Begin
A leaked e-mail has revealed that PledgeMusic has laid off its staff and won’t ever pay back artists. So, how did it come to this? For nearly a year, failed British crowdfunding platform PledgeMusic has promised to pay back the hundreds of thousands it…
Much to the RIAA and MPAA’s Dismay, Federal Judge Once Again Postpones Megaupload Lawsuit
Yesterday, the RIAA and the MPAA received bad news in a federal courtroom. The U.S. District Court for the Eastern District of Virginia has granted Megaupload yet another request to put the case on hold. Federal authorities in New Zealand and the U.S. …
Nicki Minaj Reportedly in Talks with Irving Azoff’s Full Stop Management
Late last summer, in an attempt to spin her concert’s last-minute cancelation, Nicki Minaj went on the offensive. Following the news that she had indefinitely postponed the American leg of the NICKIHNDRXX tour, the hip-hop artist went to war an influen…
Embattled Woodstock 50 Co-Founder Michael Lang Hires Donald Trump’s Attorney
How desperate is Woodstock 50 co-founder Michael Lang to save face? Just when you thought things couldn’t get worse for Michael Lang and his failed music festival Woodstock 50, they have. According to yet another new report, artists contracted for the …
Post-Pandora Acquisition, SiriusXM Slashes 60 Positions
Last week, SiriusXM revealed its joint Q1 2019 financial report following its acquisition of Pandora Radio. The satellite radio company’s pro forma revenue jumped 10% year-over-year to $1.9 billion, up from $1.7 billion. Overall revenue grew 8% to $1….
Woodstock 50’s Agonizing Death March Continues as Producer Superfly Pulls Out
Face it, Michael Lang. Woodstock 50 just isn’t happening. There’s even more trouble for embattled Woodstock 50 co-founder Michael Lang. Several days ago, Dentsu-owned financial backer Amplifi Live confirmed the festival’s cancelation. “As a result and…
The MMF and FAC Condemn PRS for Music’s “Sudden and Dramatic” Increase in Administration Fees
The Music Managers Fund doesn’t exactly see eye-to-eye with PRS for Music’s new fees. First, the good news. Two days ago, British collecting society PRS for Music posted $946 million in annual collection revenue. This figure marks a new record for the…
Apple’s Q2 Revenues Drop 5% to $58 Billion as iPhone Sales Slip — But Services Are Booming
Apple has announced the financial results for its second fiscal quarter of 2019 (Q2 2019). The Cupertino giant posted quarterly revenue of $58 billion, down 5% over the same period last year. In addition, quarterly earnings per diluted share totaled $…
Ahead of Its US Tour, BTS Is Already Suing ‘John Doe’ Counterfeiters
Ahead of BTS’ upcoming tour in the U.S., Big Hit Entertainment has called for a crackdown on bootleggers. Filed at the U.S. District Court for the Central District of California, Big Hit Entertainment, the company behind superstar K-Pop boy band BTS, h…