Spotify continues its major push into podcasting with the acquisition of Parcast, a storytelling-driven podcast studio. The deal comes just weeks after the streamer acquired podcast giants Gimlet and Anchor. Terms of the transaction were not disclosed.
The concept of neighboring rights parallels that of performance rights. Where performance rights reference the right to perform a composition, neighboring rights reference the ability to publicly perform the sound recording. So, why are these neighboring rights so important to artists and independent labels?
7digital has announced that Simon Cole will step down as Director and CEO next month and named John Aalbers to replace him. Simon has led the B2B digital music company since its creation from the reverse merger with UBC Media in 2014.
This is NOT an early April Fools joke. Endel, an app that uses algorithms the company calls predictive mechanics to produce personalized sounds to help you focus and relax, has signed a multi-album deal with Warner Music Group.
Spotify has begun negotiations to renew its licencees with all three major labels and other rights holders. The talks begin with Spotify on the offensive against the music industry on multiple fronts.
In this piece, Jon Maples explains how the principles and process behind the unique radio streaming app Gimme Radio have given rise to a successful listening platform, home to a vibrant social community.
Spotify is up in arms over the 30% cut Apple is charging developers for the privilege of being part of its app store, going so far as to lodge an anti-trust complaint, as well as threatening to raise its price in order to cover the cost. Such actions, however, could be playing right into Apple's hands.
In an ere where almost everything is billed as "social," streaming music is a surprisingly outlier. Given music's power to bring people together, streaming would seem ripe as a social hub. Facebook could fill that void - without ever launching its own streaming service. But, as MIDiA's Mark Mulligan points out, so far Facebook + music are more about promise than delivery.
With the ubiquity of music access and a lack of any need for patience, the term "skip-rate" has crept into the modern music industry lexicon, and some new data behind why and when consumers are skipping songs (and thereby not generating revenue for the artist) has many in the industry concerned.
In an effort to combat some of the negative press it's been receiving over its efforts to keep down songwriter royalty rates, Spotify is planning to hold a series of "town halls" where songwriters can air their concerns, a tactic the streaming company tried in 2014, with less than ideal results.
UPDATE 2: Tencent Music [TME] stock took a hit Wednesday after the streamer's first post-IPO report to investors included a $127 million quarterly loss. Tencent stock closed Wednesday at $16.66 USD, down $1.91 or 10.29% and fell another 1% in after hours trading.
Pandora has added Modes, a new feature for both free and premium users to customize the listening experience on Pandora stations. New are selectable modes within stations including “Crowd Faves” (most thumbed-up tracks by other listeners), “Discovery” (hear more songs by other similar artists) and “Artist Only” (songs only by the station artist).
Tencent Music posted a $127 million loss in its first quarterly report its a December 2018 IPO. The loss, which the streamer forecast in its IPO prospectus stems from a one time $221 million stock issuance to Warner Music Group and Sony Music Entertainment.
The National Music Publishers’ Association (NMPA) has filed a lawsuit against exercise equipment and streaming giant Peloton on behalf of members Downtown Music Publishing, Pulse Music Publishing, ole, peermusic, Ultra Music and others.
With Article 13 just weeks away from becoming law both sides are ratcheting up to support or fight the copyright directive. Mike Masnick sits firmly in the later cap and asks why the restrictive legislation is need at a time of explosive growth in the music industry.
With the album on the wane and attention spans shorter than ever, the first 30 seconds of of a song matter more than. Not only do they need to capture the listener's attention, but in streaming, they determine if the songwriter is going to get paid at all.
UPDATED: The war of words between Spotify and Apple shows no signs of abating, with the streamer issuing its latest rebuttal calling out Cupertino as "monopolistic." In a statement, Spotify said that "Apple’s response to our complaint before the European Commission is not new and is entirely in line with our expectations."
Some of the most common advice given to indie artists is to populate their metadata. In the streaming age in particular, telling organizations who you are and how to get ahold of you is key to your getting paid. Still, many artists' failure to do this has resulted in pools of undistributed "black box income." Luckily, new provisions in the MMA could help to finally get this unclaimed income into the pockets of deserving artists.
Warner Music Group has granted music metadata platform Jaxsta permission to tap into its massive song and recording database.The deal marks Jaxsta’s 28th licencing data agreement in the last 18 months, including The Recording Academy and Sony Music Entertainment.
In a new move towards bundling, Spotify made waves this week in announcing that Spotify Premium will also include a subscription to the ad-supported tier of Hulu. Spotify, however, already in the doghouse for opposing higher royalty rights for artists, could be further harming artists with its new package deal.
UPDATED: Apple has attacked Spotify for "making ever-smaller contributions to the artists, musicians and songwriters - even going so far as to take these creators to court." in an escalating battle that began over app store fees and practices. In a lengthy and strongly worded statement, Apple pushed back after Spotify filed an anti-trust complaint against Apple with the European Commission.
Apple Music has gone on the offensive with an uncharacteristically strong statement "Addressing Spotify’s claims," after the streamer filed a complaint with the European Commission over Apple App Store fees and practices.To make sure you that you don' t miss the many nasty parts, we've added some highlights.
Facebook has announced several new music and video improvements including expanded integration with Spotify, a new look for its Watch Party shared viewing function and expansion of all its music features into more countries.