Music Modernization Act: Payday Built On Bad Policy [Op-Ed]

Music Modernization PerilThe Music Modernization Act appears poised to pass in Congress with both bipartisan support and the approval of most music industry trade groups. But the sweeping bill still has its critics, including the DC based non-profit public interest group Public Knowledge.

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100M Pay For Amazon Prime, 10's Of Millions Stream Music

AmazonAmazon CEO Jeff Bezos has revealed the number paid Amazon Prime subscribers for the first time. More than 100 million globally now pay for the combination of  fast free shipping and streaming content, according to a letter sent to investors yesterday.

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Blockchain Music Startup VEZT Adds All Star Advisors, CSO

VEZT logoVEZT, the blockchain powered marketplace that lets fans share ownership with artists in their favorite songs, has announced an advisory board packed with music industry leaders and the hiring of Swedish producer and music tech investor Andreas Carlsson as Chief Strategy Officer.

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Spotify (NYSE:SPOT) To Report Q1 Results May 2

Spotify New $Spotify Technology S.A. (NYSE:SPOT) will report its first quarter 2018 financial results on Wednesday, May 2nd, after the market closes. It is the first time that the music streamer has reported financial results since going public earlier this month.

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A&R Meets AI: Why Your Next Label Rep Could Be A Robot

1While record label talent scouting may have seemed like one bastion of the industry that was safe from artificial intelligence, Warner Music Group clearly feels differently, having recently acquired Sodatone, a startup which uses technology to identify unsigned talent.

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Hi-Rez Streamer Qobuz Names CEO, Plots Summer US Launch

image from i0.wp.comQobuz, the EU based high resolution music streaming and download service, has named music-industry vet Yann Miossec as CEO. Miossec was EVP of Warner Music France. and is tasked with expanding into the American market, scheduled for the summer of 2018.

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Spotify-Backed 'Soundtrack Your Brand' Cuts Direct Deals

image from crunchbase-production-res.cloudinary.comSpotify-backed music streaming service Soundtrack Your Brand today announced direct deals with hundreds of music labels, publishers, and collection societies including Sony/ATV, Kobalt, WarnerChappel, ICE (PRS/GEMA/STIM),  BMG, ASCAP, SOCAN, SABAM, and APRA.  

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TOP POSTS: This Week’s Most Read Posts On Hypebot

6a00d83451b36c69e201b7c907b568970b-150wiThis week, some of the most frequently perused articles on Hypebot explored Spotify's acquisition of the music licensing platform Loudr, some of the Music Modernization Act's radical changes to how artists get paid, several high profile streaming platform's lawsuit at the hands of a patent trail, and more.

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Facebook Flat Fee Music Deals Have Future Implications [Mark Mulligan]

image from akwesasne.orgMultiple sources are reporting that the recent deals struck by Facebook for music were flat fee licenses with no reporting, at least for now. If true, they are contrary to existing deals that rightholders have with YouTube and others, and have dramatic implications for both future negotiations and ongoing demands for YouTube to improve its Content ID system.

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New Antitrust Chief (Positively) Complicates MMA Songwriter Calculus

1Assistant Attorney General Antitrust Makan Delrahim's suggestion of kicking the Department of Jusitice's 'consent decrees' to the benefit of songwriters, potentially drastically altering how they feel about the Music Modernization Act.

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INgrooves’ 'Trends Now' Makes Sense of Streaming Data

INgrooves logoDigital music distributor INgrooves has launched a new data-mining tool designed to help labels sift through and make sense of the copious amounts of information now flowing from digital services to music suppliers. The technology is aimed at making it easier for clients to spot both marketing opportunities and potential business threats.

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Spotify Adds Social Media Links, Image Galleries, But Still No Link To Artist Websites

image from cdn-images-1.medium.comSpotify has added two important features that will help artists build and engage a fans base. Users of the free Spotify for Artists platform can now add social media links and an image gallerie to their profile on the streamer. Still glaringly missing is the ability to link to the artists own web site.

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Spotify Acquires Music Licensing Platform Loudr

image from performermag.comSpotify has acquired music licensing platform Loudr. The company was founded in 2013 to build services that make it easy for content creators, aggregators and digital music services to identify, track and pay royalties to music publishers. 

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Apple Music Passes 40M Subscribers, New Global Head Of Music Named

Apple music cardsApple Music now has 40 million subscribers, according to an internal memo obtained by Variety. That's up from 38 million reported just a month ago, continuing a new user growth rate that appears to exceed Spotify and other streaming competitors. 

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What To Expect At Spotify's Big 'News Announcement'

Spotify April 24[UPDATED] Spotify has invited journalists to a strangely worded "news announcement" on Tuesday April 24th in New York City. While the invite is void of details or even hints, here's what a combination of leaks, rumors, insider tips and educated guesses leads us to expect.

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