WED. BRIEF: Spotify Expands In Asia • Inside Spotify’s $43M Songwriter Settlement • Rifkind On WAV • More

Wednesday 5.31.17 Music Business News From Around The Web Dear Spotify competitors, please do something worth writing about. Buy. Sell. Expand. Innovate. Something. Updated continuously under our More News tab

AM BRIEF: Spotify Expands In Asia • Inside Spotify’s $43M Songwriter Settlement • Rifkind On WAV • More

Wednesday 5.31.17 Music Business News From Around The Web Dear Spotify competitors, please do something worth writing about. Buy. Sell. Expand. Innovate. Something. Updated continuously under our More News tab

Another Safe Harbor For Digital Services Coming Soon [David Lowery]

Considering the financial havoc that has been wreaked with artists’ income as a result of Google’s DMCA safe harbor for YouTube, it seems odd that anyone remotely informed on the topic of music licensing would think another safe harbor for streaming services would be a good idea, and yet that’s…

Key SoundCloud Exec Stephen Bryan Exits

Stephen Bryan, SoundCloud’s chief content officer is leaving the music streamer. Bryan joined SoundCloud in 2014 from Warner Music and was responsible for getting the licensing deals to move Soundcloud from a just a user-generated content site to launching their full fledged music streamer SoundCloud Go. _________________________________ "Stephen (Boyd)’s ability…

NYSE Seeks Rules Change To Make Spotify Direct Sale Possible

To make way for a possible Spotify direct stock listing, the New York Stock Exchange has appealed to the U.S. Securities and Exchange Commission for a rules change. ________________________________________ If, as has been widely reported, Spotify does opt for a direct stock sale, it will save millions in IPO costs,…

4 Important Music Biz Stories You Missed Over The Long Weekend

With a bit of luck, you got to relax this long U.S. Memorial Day weekend, as well as to honor our veterans. But as with all things news related these days, there’s always something happening in the music industry. Here are the four stories you need to read to catch…

Spotify Eyes $1 Billion Debt Restructure To Avoid Soaring Interest Rates

When Spotfify took on $1 billion in debt under difficult terms, we questioned the long term effect on the music streamer’s financial health. Now, Spotify is hoping to go public without an IPO, but last year’s debt deal could put the damper on those plans. ______________________________________ Spotify is seeking to…

MON. BRIEF: Gregg Allman, Chris Cornell Remembered • Spotify Settles Songwriter Class Action Lawsuit • iHeart Troubles Grow • More

Monday 5.29.17 Music Business News From Around The Web We’re mostly off for the U.S. Memorial day holiday, but news doesn’t take a break, so here’s the latest… Updated continuously under our More News tab

This Week In Music Commentary

This week music commentators shared their thoughts and opinions on digital aggregators potentially leading the industry on transparency, regulation and the adolescence of the internet, and the future of blockchain. Will Digital Aggregators Lead Industry On Transparency With Spotify, Others? [Chris Castle] Heather McBee Talks Startup Accelerator Project Music [INTERVIEW]…

Spotify Settles David Lowery, Melissa Ferrick Class Action Lawsuit with $43.4 Million Compensation Fund

[UPDATED] In a major victory for indie musicians, the combined class action lawsuits against Spotify brought by Cracker frontman and artist advocate David Lowery and singer/songwriter Melissa Ferrick have been settled with the music streamer establishing a $43.4 million fund to compensate songwriters and publishers whose work had been used…