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Pandora might lower rights holders payouts, Grooveshark throws in the towel after six years of legal battles, and the Copyright review moves to Congress. Pandora may pay lower rates to rights holders due to their ownership of a terrestrial radio station in South Dakota. The streaming giant acquired KXMZ in... Continue reading
Posted 2 days ago at hypebot
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This week in music publishing news, Roger Faxon joined Pandora, German Music Publishers intend to address music streaming issues, and Afrika Bambaataa signed with Sony/ATV. More details below. Roger Faxon, a former music publishing executive has joined Pandora’s board of directors at Pandora which not only surprises the NMPA but... Continue reading
Posted Apr 27, 2015 at hypebot
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Sony/ATV appoints Mark Abramowitz as new A&R Executive, ASCAP welcomes Alice Kim as Executive Vice President, and Ole acquires Jingle Punks. Sony/ATV has appointed Mark Abramowitz as A&R Executive in order to help develop non-country talent in Nashville. Abramowitz, who previously worked as an A&R coordinator in New York, relocated... Continue reading
Posted Apr 13, 2015 at hypebot
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The "Blurred Lines" verdict, Pandora vs. BMI trial and Kendrick Lamar breaking records round out this week's music publishing news. The “Blurred Lines” verdict is to award Marvin Gaye’s estate $7.4 million for copyright infringement. This trial became a very pertinent discussion within the music industry between songwriters, publishers, artists,... Continue reading
Posted Mar 20, 2015 at hypebot
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This week's roundup of music publishing news from our friends at Songkick includes the U.S. Senate hearings on the Songwriter Equity Act, the ASCAP top composer awards and a new VP and COO at the PRO. The music industry testified before the senate committee this week, in regards to the... Continue reading
Posted Mar 16, 2015 at hypebot
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[UPDATED] Friday has been set as the global record release day according to a recent report from the International Federation of the Phonographic Industry. This announcement follows the IFPI’S recent report that showed that a majority of active music listeners prefer new music to be released on Fridays and Saturdays.... Continue reading
Posted Mar 2, 2015 at hypebot
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The US Copyright Office released a music licensing Study on Thursday documenting principles that should guide congress in its plan for music licensing reform. Highlights of the 245 page report include performance rights for terrestrial radio broadcasts for sound recordings, partial withdrawal rights for PRO’s from from digital services, and... Continue reading
Posted Feb 9, 2015 at hypebot
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Spirit Music Group has acquired the catalog of composer Henry Mancini for US administration. The catalog includes iconic songs such as “Moon River” from the film Breakfast at Tiffany’s as well as themes to movies such as The Pink Panther and Charlies Angels. David Renzer, chairman at Spirit previously oversaw... Continue reading
Posted Jan 27, 2015 at hypebot
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Sony has planned a possible sale of its music publishing division according to recently hacked Sony emails. The emails from Sony CFO, Kenichro Yoshida commented on the instability of the busines with the the market shifting from digital sales to streaming. Sony/ATV, a joint venture between Sony Corp. and the... Continue reading
Posted Jan 12, 2015 at hypebot
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ASCAP CEO, John LoFrumento has announced his retirement this week. LoFrumento started his career at ASCAP in 1981 as a controller, the serving positions as CFO, COO, and EVP before becoming CEO in 1997. Since then, ASCAP’s memberships have grown from 70,000 to 520,000 with annual distributed royalties growing from... Continue reading
Posted Dec 19, 2014 at hypebot
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The CMA Songwriters series celebrated its 10th anniversary December 3rd at Joe’s Pub in NYC. The recurring event features key Nashville songwriters responsible for big hits performing and telling the stories behind their songs in an acoustic low key setting. Leading this event were writer’s Bob DiPiero, Craig Wiseman, Brett... Continue reading
Posted Dec 8, 2014 at hypebot
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Billboard album sales will now incorporate streaming and digital sales data. The Nielsen entertainment company has developed an algorithm that tracks not only album sales but streams and single track downloads. This change in the Billboard 200 charts is very crucial for artists that may not be selling albums in... Continue reading
Posted Nov 25, 2014 at hypebot
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Taylor Swift’s “1989” has sold 1.287 million in its first week. After removing her entire discography from music streaming giant, Spotify, the Pop Superstar has achieved the highest sales week for an album since Eminem’s “The Eminem Show” in 2002. On top of that, the album is the biggest selling... Continue reading
Posted Nov 10, 2014 at hypebot
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Soundcloud is looking to start making money. The Berlin-based online music streaming giant has grown its user base to 350 million since launching in 2007. Up till now, the company has lost up to $29.6 million. Soundcloud currently pays no publishing royalties because they are not making money from advertising... Continue reading
Posted Oct 31, 2014 at hypebot
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Pandora has signed a music rights deal with BMG as of September 11th, 2014. In an effort to secure a more favorable deal for the songwriters and copyright holders, the 4th largest publisher executed a direct deal with the most popular streaming service. In doing so, they bypassed the US... Continue reading
Posted Sep 19, 2014 at hypebot
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Spotify has introduced video ads as an attempt to generate more revenue from non paying users. The leading music streaming service’s “Sponsored Session” will be a15 - 30 second video ad followed by 30 minutes of uninterrupted music. The idea behind this new strategy is allow non paying users to... Continue reading
Posted Sep 12, 2014 at hypebot
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Former President of CD Baby, Brian Felsen, Is Named New President of AdRev, a service that helps artists and labels monetize views on YouTube. AdRev's primary strategy is to place premium advertisements on videos to generate more money than the standard advertising formats. The company claims to have over 6... Continue reading
Posted Aug 29, 2014 at hypebot
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The Top 10 Music Publishing companies have been announced for the 2nd quarter of 2014. Leading the way with a 32.2% share of the top 100 songs is Sony/ATV. This is an increase from their 31.9% share in the 1st quarter of 2014. The quarterly success of Sony/ATV is partially... Continue reading
Posted Aug 15, 2014 at hypebot
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SESAC plans to expand by hiring new chairman and CEO John Josephson. As Co-founder of Downtown Music LLC, former managing director to Allen & Co, and 22 year SESAC board member, Josephson plans to expand the business beyond traditional performing rights. With US PRO’s facing potential withdrawal from major publishers,... Continue reading
Posted Aug 1, 2014 at hypebot
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Downtown Music Publishing has signed Randy Newman to an administration deal for North America. The six time grammy award winner is responsible for hits such as “Short People”, “I Love L.A.” and “It’s Money That Matters” as well as movie scores for “Ragtime”, “Toy Story”, and “Monsters, Inc”. Newman signed... Continue reading
Posted Jul 25, 2014 at hypebot
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Sony/ATV's Martin Bandier is threatening to withdraw all rights from ASCAP and BMI. Most major music publishers are looking to withdraw digital rights from the PROs and negotiate direct deals with digital services due to low royalty rates for publishers from digital services. Withdrawing digital rights from the PROs presents... Continue reading
Posted Jul 18, 2014 at hypebot
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Bop.fm has raised $2 Million in funding from Charles River Venutures. Launched in December 2013 by CEO Shehzad Daredia, the startup music streaming service provides a single platform for users listen to any song from any music service. With Rdio, Beats, Deezer, Spotify, Youtube, and Soundcloud integrated into their system,... Continue reading
Posted Jul 11, 2014 at hypebot
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Google has acquired Songza for a financial figure undisclosed to the public. Launched in 2010, the music streaming app is designed to curate playlists for a listener according to their mood. Unlike other competitors, Songza doesn’t use algorithms, they employ over 50 employees to create playlists for specific settings including... Continue reading
Posted Jul 4, 2014 at hypebot
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SoundExchange announced a record-setting first quartrer distribution of digital royalties. The independent performing rights organization announced that $162.4 million were distributed to artists and labels in the first quarter of 2014, marking their largest Q1 payment to date. The report also indicated that SoundExchange payments represented 8.4% of all recorded... Continue reading
Posted Jun 20, 2014 at hypebot
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Apple has acquired Beats for $3 BIllion. After much negotiation, Beats Electronics and the new Beats Music Service was acquired for a purchase price of $2.6 Billion and roughly $400 Million to vest in time, a lower price than the $3.2 Billion earlier speculated. This is Apple’s largest acquisition to... Continue reading
Posted May 30, 2014 at hypebot