U.S. Music Streaming Revenue Tops $8 Billion, Up 33%

On-demand music services including Apple Music, Pandora and Spotify will top $8 billion in revenue in the U.S. this year, up 33% as increased adoption of products like wireless earbuds and smart speakers help drive more music subscriptions, according to a new Consumer Technology Association survey. The growing popularity of…

ROXi Plots IPO For Music Streaming Service, Device

ROXi Music, the manufacturers of music streaming service and device ROXi has chosen investment bank Arden Partners to prepare its initial public offering in the fourth quarter of 2019. The offering will be floated on the alternative investment market (AIM) of the London Stock Exchange. CEO Rob Lewis said going…

NMPA Backed Mechanical Licensing Collective Wins Battle To Administer Music Modernization Act

The US Copyright Office has named the Mechanical Licensing Collective (MLC) as the official entity tasked with licensing and administering rights under the new Music Modernization Act (MMA). The MLC was backed by many major industries organizations including National Music Publishers’ Association (NMPA), the Nashville Songwriters Association International (NSAI), and…

Streaming Takes Fans Beyond The Hits. Empowers Music Discovery

As artists continue to one-up each other across all metrics, it seems the music industry one percent are giving way to a broader swathe of artists, making for an at least somewhat more egalitarian music industry. __________________________ Guest post from AWAL Records are breaking left and right. As artists one-up…

Netflix Needs Music, But Music Is Fine Without It

After a lengthy amount of time atop the streaming roost, Netflix now faces a serious threat from its competitors, and is hoping that investing in the music industry by creating things like original docs, it can stay at the head of the pack. That said, Netflix will need to act…

Publishing Lawsuit Against Pandora From Wixen Music Raises Questions Regarding Lyric Licensing

Pandora is facing down a long-expected lawsuit from Wixen Music Publishing over the streaming platform’s alleged infringing of lyrics in songs represented by Wixen. This could be bad news for Pandora, what was made aware of the problem in early 2018 and has thus far failed to take corrective action….

Labels, Streamers, Publishers Pledge To Battle Streaming, But Major Players Fail To Sign On

Spotify, Amazon and Deezer have joined all three major labels and music publishers, the RIAA, the American Association of Independent Music, IMPALA, Merlin, The International Confederation of Music Publishers and other global music industry trade groups in signing code of conduct designed to battle streaming manipulation. MIssing from the list…

Grammys Finally Accept Streaming Links As Submissions

The Recording Academy will finally accept streaming links instead of physical product for award submissions in most categories. In a statement, the Academy also said, "For most categories, we would prefer streaming distribution links for online entry submissions, though CD submissions remain optional." The cost of submitting multiple physical copies…

Why Fans Are More Important Than Listeners

It’s impossible to please everyone, and trying to winner every casual listeners is a futile effort. Instead, artists are better off focusing on their core diehard fans – an overall more easily targeted, easier to keep happy group. _________________________ Guest post by James Shotwell of Haulix You will never please…