ASCAP Reports Record $1B Revenue Fueled By 41% Increase In Streaming Income
ASCAP has announced the collection of record-high revenues of $1.059 billion in 2016 and distributed more than $918 million to its songwriter, composer and music publisher members. Distributions were up 5.6%. Continue reading
Down Under, Streaming Is Up, Downloads Are Down
In an extension of a music industry consumer trend seen in the United States, it seems our neighbors to the south are embracing the streaming age, as Australians increasingly eschew. Continue reading
Music, Entertainment Stocks Rebound Slightly Tuesday
Like almost every stock on the major global exchanges, Monday was a tough day for music and entertainments stocks. But like others on the New York Stock Exchange, most rebounded. Continue reading
Spotify Closes $526 Million Funding Round To Fight Apple
Timing, particularly in the entertainment industry, is everything. So, it is no coincidence that right after Apple Music launches, Spotify just happens to close a $526 million round that has. Continue reading
