Music Business News From Around The Web
Surprise Beyoncé release is a testament to Prince's legacy of building an authentic career on one's own terms.
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[UPDATED] I've written about the effects and promise of the digital revolution on musicians and the music industry for almost a decade. But yesterday, separate announcements from Pandora, PledgeMusic and Bandsintown combined to make it the most memorable day in independent music since the launches of CD Baby and Tunecore.
Although it may not have the same level of musical association as cities like Nashville and Austin, Seattle has a rich and varied history within the music industry and is particularly notable as the birthplace of grunge. In this interview, KEXP host Sharlese Metcalf weighs in on local artists the state of the scene in the Pacific Northwest.
At present, the U.S. does not pay royalties to performers when their music is played on the radio, instead compensating only the songwriters. This article looks at how this antiquated legislation came about, and how it needs to change moving forward so that performing artists are properly paid for their presence on the airwaves.
iHeartMedia reported financial results for the fourth quarter and full year ending December 31, 2015 showing no revenue growth on a constant currency basis. In addition to it's radio and digital properties, including iHeartRadio, the company owns old school billboard and outdoor ad providers; and they offered a bright spot in the earnings report.
Sirius XM Radio is looking for both a Director of Music Licensing and a Senior Manager of Royalties. More on this gig and others on Hypebot's Music Industry Jobs Board.
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New rates set in December by the U.S. Copyright Royalty Board and collected by SoundExchange without warning eliminated a lower tier for small net broadcasters. The result is that most, including hundreds served by the now-defunct Live365, are being forced off the air. On popular webcaster, Radio Paradise, is reaching out to SoundExchange board member David Byrne for help.
Even with a move to Monday night to avoid Valentine's Day, 2016 Grammy viewing only slipped a little, holding almost dead even with 2015 ratings. According to The Hollywood Reporter, the CBS live broadcast of the awards show posted a 16.1 overnight rating among Nielsen's metered market households Monday night, off from last year's a 16.7 overnight rating.