Music Publishing News Roundup 12.8.14: CMA Songwriters, Spotify, Psy Breaks YouTube
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 James, and Radney Foster playing their recent hit songs such as Blake Shelton’s “Boys Round Here”, Dierks Bentley’s “I Hold On”, and an emotional "Live Like You Were Dying" co written by Wiseman. During this week’s event, the writers pointed out that they were united against streaming and in support of songwriters and publishers being fairly compensated.
Spotify is offering a discounted premium service for just 99 Cents per month for the next 3 months. With the subscription based premium model, users are able to stream ad free high quality music as well as download and listen offline. The typical cost for this service is $9.99 per month. Spotify has also announced top streaming statistics for 2014. The most-streamed track in the world was“Happy” by Pharrell Williams.
Gangnam Style has broken YouTube’s view counter. The 2012 viral hit from artist Psy exceeded 2.15 Billion views on Monday December 2nd and thus surpassed the 32-bit integer YouTube’s system was based on. This forced the company to upgrade to a 64-bit with a ceiling of 9.22 Billion views. If Gangnam Style continues in its current rate, it will hit this number within 7 years.