Thought Streaming Royalties Were Bad? Radio Airplay Royalties Even Worse

1Almost since its inception, streaming has often been maligned in the industry for the pittance which it pays out to artists, and while this criticism is often merited, things are actually much worse in the world of old-school radio play.

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SiriusXM To Pay SoundExchange $150 Million Settlement

Sound-exchange-logoSoundExchange and SiriusXM have settled their years-long litigation surrounding outstanding claims for unpaid and underpaid royalties from January 2007 through December 2017 in exchange for a lump sum payment of $150 million.

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Radio Royalty Rate Decision Could Soon Affect Songwriters Incomes

1The latest chapter in an ever-raging battle between performance rights organizations and radio to set rates for music use on radio i has BMI and RMLC headed to Rate Court, for a decision that could change songwriter incomes.

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Want To Write Music For TV? 4 Tips For Producers

1Writing music for TV can be a great way to make steady money in the music industry, all the while exercising your creativity and getting your music heard. Here we look at four important things to know for starting out that will make the process smoother and more likely to be successful.

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10K Radio Stations File BMI Lawsuit To Pay Songwriters Less, PRO Responds

BMIThe Radio Music License Committee, which represents more than 10,000 commercial radio stations in the US, has filed a petition in the federal rate court to resolve its ongoing rate dispute with performing rights organization BMI over the amount paid to songwriters and publishers for the broadcast of music.

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Modern Music Modernization Act Only Goes Half Way [Op-Ed]

1In the wake of the House of Representatives passage of the music modernization act, David Philp explains how, while the bill does indeed do some good things for artists, the largest issue in the music industry remains unaddressed.

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How People Are Listening To New Music In 2018 [Infographic]

1As music PR companies and labels strive to get their artist’s music placed in popular places, it is becoming more and more clear that the industry has changed, with NME stopping their print edition the focus has changed on the digital landscape and how people consume media. But how has this changed for music and influenced the way people consume their music?

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U.S. Actually Just Expanded Arts, Public Broadcast Funding

image from celebrityaccess.comAfter a great deal of bluster and promises to eliminate federal funding for the arts and public broadcasting, Donald Trump signed a $1.3 trillion spending bill that actually increases funding for the threatened programs last week.

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Bankrupt iHeartMedia Owes Musicians Millions

Money on fireIncluded in the mountains of documents filed in preparation for last night's iHeartMedia bankruptcy were lists of unpaid bills. Alongside $20 billion in debts to bondholders were performing rights organizations, record labels, a music streamer, and others that return revenue to musicians.

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iHeartMedia Files Chapter 11 Bankruptcy

IheartmediaiHeartMedia has filed a Chapter 11 Bankruptcy plan that includes reduction of its $20.8 billion debt by $10 billion. The expected filing, which comes after months of haggling with creditors, falls short of earlier proposals that would have reduced overall debt by $15 billion, and does not include a cash infusion offered by Liberty Media and SiriusXM.

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NME and The Accelerating Decline Of Print Publications

nmeVenerable music industry magazine NME announced the end of its print edition last week, following in the fated footsteps of many similar publications.  It's demise was inevitable, says analyst Zach Fuller of MiDIA, in large part because the print advertising apocalypse is gathering speed.

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iHeartMedia Bankruptcy Talks Extend To Midnight Tonight

image from www.allaccess.com[TUESDAY 3.13.18 8AM ET] The bankruptcy and reorganization of iHeartMedia has been postponed for another 24 hours, according to an SEC filing overnight.  Creditors have agreed to a forbearance agreement granting the nation's largest radio broadcast group until 11:59PM  CT today to reach terms for a reorganization.

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iHeartMedia Bankruptcy Delayed To Today For Awards Show

image from www.hypebot.comiHeartMedia's likely bankruptcy was reportedly pushed to later today to avoid distracting from the company's signature iHeart Radio Awards show, which was televised live on Sunday night. The delay also gave negotiators more time to prepare for an organized restructuring of the company's $20 billion in debt. 

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iHeart Radio Music Awards 2018 - Full Winners List

iHeart Music AwardsOne day before a looming bankruptcy deadline for parent iHeartMedia, Thomas Rhett, Sam Hunt, and Luke Combs were among the big winners at the fifth iHeartRadio Music Awards last night.  The evening was hosted by Hailey Baldwin and DJ Khaled and included live performances from Ed Sheeran, Eminem featuring Kehlani, Cardi B, Bon Jovi, Maroon 5, Camila Cabello, Charlie Puth, and N.E.R.D and G-Eazy.

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iHeartMedia Bankruptcy Talks Extended Through Monday

iheartmedia logoThe deadline to submit a plan for an orderly bankruptcy of iHeartMedia, its 855 radio stations, streaming service and other assets has been extended through 11:59 PM CT on Monday, March 12th. The news came via a new SEC filing from the publicly traded company.

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iHeartMedia, 855 Radio Stations Go Bankrupt At 11:59 PM CST Wednesday

IheartmediaUPDATE 3 - The court gave iHeartMedia, its 855 radio stations and creditors until 11:59 PM Central time, Wed. March 7th to agree to a reorganization that would reduce its debt by $15 billion, according to papers filed with the SEC. The deadline has now been extended through Monday, March 12th. Details here.

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Why Congress Should Pass The Classics Act: Artists Speak

1Here notable artists Mary Wilson and Darlene Love make a powerful case in favor of shutting the massive loophole which currently allows digital music services to artists and rights owners attached to music recorded before 1972. 

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