In the face of criticism from the artist community over language in their contract for international acts, SXSW organizers have changed their tune, issuing a detailed statement and set of solutions on Tuesday.
UPDATE: The U.S. Second Circuit Court of Appeals has reversed a Federal District Court ruling. Today's decision means that there are no performance fees due on sound recordings created prior to 1972; and that there were no alternative grounds for finding against. Trade group MusicFirst called for copyright overhaul to right the wrong.
Broadcast giants CBS Radio and Entercom have announced plans to merge to form a new commercial radio behemoth. Following the merger, the combined companies will have a nationwide footprint of 244 stations, including 23 of the top 25 U.S. markets, as well as digital capabilities and a growing events platform, the companies said.
Royalties from Pandora’s ad-supported radio service will continue to be paid to artists through SoundExchange, despite recent direct licencing deals with major music companies. The agreement both insures a major income stream for SoundExchange and maintains the performing rights organization's position as a protector of artists.
Most "Top" charts at this time of year come from a single service - Spotify, Apple Music, etc. So when charts combine 2800 sources, we take notice. SoundExchange has shares 3 charts compiled from 12 months of plays on 2800 digital radio stations including Pandora, SiriusXM, AccuRadio and Radio Paradise.
Although internet radio has in many ways been a large asset to the music industry, allowing artists to launch shows, stations, and further connect via this new platform, however being able to track spins on internet radio has always been notoriously difficult, something which DigitalRadioTracker may make easier.
iHeartMedia has confirmed yesterday's reports that it will launch to new streaming music services early next year. The broadcast radio giant joins a crowded sector, but could help drive mainstream adoption of streaming music.