Major record labels have always been at the heart of the recorded music business, having the marketing and distribution muscle to make a marginal song or album a hit, or turn a hit into a global phenomena. That’s all changing though, as even though the majors have survived the latest assault on their industry leadership in music streaming, a new revolution in the business is coming. This one they may not survive so easily.
music services including Apple Music, Pandora and Spotify
will top $8 billion in revenue in the U.S. this year, up
33% as increased adoption of products like wireless
earbuds and smart speakers help drive more music
subscriptions, according to a new Consumer Technology
of who's getting the money, it is undeniable that
streaming has made the music industry lucrative again.
Now, as the business works to reinvent itself, are
historically downtrodden artists finally coming out on
top, or are record labels and management siphoning off all
of the profits?
years, both organizations have sparred in a series of ugly
legal battles. To make a very long story short, Azoff and
GMR accuse the RMLC of paying too little in royalties.
The RMLC, in turn, accuses Azoff and GMR of bullying
major radio broadcasters into paying higher performance
fees. Global Music Rights, argues the licensing
committee, has leveraged its catalog of high-powered hits
to force the higher radio rates. The radio group
negotiates licensing fees for around 10,000 radio stations
across the U.S. – 90% of the market. GMR has accused the
RMLC of operating an “illegal cartel.” The RMLC
alleges GMR has engaged in “deliberate witness
pouring your sweat, tears, and of course money into an
album, you're likely going to want someone to actually
listen - unfortunately, there are a number of all too
common blunders artists often making leading up to the
release process which can limit your audience to just a
handful of listeners.
copyright tends to get the most coverage when it comes to
music industry law, trademarks and trademark rights are
also incredibly consequential to any artist, band, or DJ.
Here we look at the importance of choosing a unique
trademark and ensuring you register it through the proper
Music is the fastest-growing music streaming service
globally, according to a new report published in the
Financial Times. Sources with knowledge of the metrics
told FT the company's premium streaming service, Amazon
Music Unlimited, grew 70% over the past year, a faster
rate than that of rivals like Spotify and Apple Music. By
comparison, Spotify’s premium worldwide paid subscriber
base grew to 100 million through the end of March 2019
(representing growth of 32% year-over-year), while Apple
Music’s grew from 40 million to 60 million between April
2018 and June 2019 (representing 50% growth).
new study from MIDiA Research and indie distributor Amuse
shows that independent artists are the fastest-growing
segment of the global recorded music business, the
beginning of what may be the biggest paradigm shift within
the music business in decades.
to MBW’s calculations, growth in audio on-demand
streaming volume in the United States fell slightly in the
first half of this year, both in percentage
terms and real terms. New mid-year Nielsen Music data
published today (June 27) shows that the US market saw
333.5bn total on-demand audio streams on services like
Spotify and Apple Music in the 24 weeks from Jan 4 to June
20, 2019.That was up 27.8%, or 72.5bn, on the 261.0bn
audio streams registered in the States in the equivalent
period of 2018. However, looking further back at
Nielsen’s data shows how this annual growth has actually
winner — perhaps unsurprisingly — was the
‘industry consensus’ coalition led by major music
publishers like Universal Music Publishing Group and
Sony/ATV. That group was the favored pick, though
the heavyweight coalition was assailed by rival American
Mechanical Licensing Collective (AMLC) as harboring
numerous conflicts of interest.
to the AMLC, major publishers are planning to exploit
their MLC stewardship to claim billions in streaming
royalties that belonged to smaller songwriters and
publishers. That would be facilitated by aspects of
the recently-signed Music Modernization Act (MMA), which
allows for the rapid payment of unclaimed royalties to the
largest publishers based on market share — even if
the money was accrued on catalogs they don’t own.
a new federally appointed team in charge of licensing
music to digital services -- and getting songwriters paid.
comes the harder part: getting the streaming companies to
fund the team’s efforts.
expected, the U.S. Copyright Office designated the group
led by the National Music Publishers Association (NMPA),
the Nashville Songwriters Association International (NSAI)
and the Songwriters of North America (SONA) to build and
operate a new organization known as the Mechanical
Licensing Collective (MLC).
a casual industry observers know that album sales haven't
been what they used to be, although some new numbers out
from a Nielsen Report reveal that, even in the height of
the streaming age, there is still some value in album
sales, particularly if you belong to the music industry
music blogs easier than ever to create, the internet has
been flooded with a number of exciting pitching
opportunities for artists and their promoters. So how can
you reach out to these industry writers in a way that will
actually yield results?
an independent musician can feel pretty daunting. Not only
do you need to write and record the actual music, but more
and more independent artists are finding themselves
playing the roles of tour manager, publicist, and more.
artist name is often somebody’s first impression of you,
even before they hear your music. Picking the right name
is important but it can be tricky, and there are some
common pitfalls to avoid. Luckily, we’re here to help
you make sure your artist name is the best it can be.
has canceled a state fair appearance by the Southern rock
group Confederate Railroad because of its use of the
Confederate flag. Emily Bittner, a spokeswoman for Gov.
J.B. Pritzker, said Tuesday (July 9) that the
administration prohibits using state resources “to
promote symbols of racism.” The group was scheduled to
play the DuQuoin State Fair on Aug. 27. The band’s logo
features a steam locomotive flying Confederate flags. The
flag has been criticized as a racist emblem of slavery and
segregation, but supporters say it represents history.
an artist, understanding and effectively managing your
finances isn't always something that comes naturally, and
is often acquired through a risky trial and error process.
It doesn't have to be that way however, and in this piece
we look at how to craft a budget based on an understanding
of yourself and your values.
artists continue to one-up each other across all metrics,
it seems the music industry one percent are giving way to
a broader swathe of artists, making for an at least
somewhat more egalitarian music industry.
it touted at the annual Apple Worldwide Developers
Conference earlier this month, Apple is making it easier
for Siri users to play live radio stations via iPhones,
iPads and HomePods. The company will source iHeartRadio,
TuneIn and Radio.com
to bring users access to more than 100,000 stations. Until
now, Apple Music has offered Beats 1 radio, and only a
limited number of AM/FM radio stations streamed from
select countries. In the fall, the HomePod will receive
software improvements, including easier music handoff by
bringing an iPhone closer to the smart speaker.
its critical role in providing info that impacts how your
music is stored, sorted, and identified, if your metadata
isn't in order, your music simply isn't ready for public
release. Here we break down exactly what metadata is, and
why need to get it in order before dropping new music.
in-car infotainment experience is in the midst of a tidal
shift, says a new study from Strategy Analytics. According
to the 2019 “In-Car Audio and Radio Report,” listeners
are exploring online streaming platforms. So far, the
vehicle remains a prime destination for AM/FM radio
listening—and Edward Sanchez, Senior Analyst, Automotive
for Strategy Analytics, believes that broadcasters, who
have long enjoyed dominance in the car, have the
opportunity to maintain the upper hand behind the wheel.
announced yesterday that it is closing down its free
direct upload system after less than a year, and forcing
all artists to find an outside distributors within 30 days
if they want their music available on the top streaming
service. Here's what artists need to know to avoid
problems during the transition.
the prospect of touring is hugely exciting for new bands,
they may be unaware of the grueling realities of life on
the road. That said, if you're determined to hit the
pavement and bestow your music on the masses, at least
make sure you've first done these three things.
The Tech Companies In Financial Services report, Business
Insider Intelligence will examine the moves that Apple,
Google, and Amazon are making to gain a larger foothold in
the global financial services industry. We will then
detail each tech company's threat to incumbents and
outline potential next steps based on their existing moves
in the financial services sphere.
of the biggest retailers in America have thrown their
weight behind antitrust investigations into Amazon and
Google. The Retail Industry Leaders Association (RILA),
which counts Walmart, Target, and Best Buy among its
members, wrote a 10-page letter to the Federal Trade
Commission, saying it would be happy to assist with
regulatory probes. The letter, which is dated June 30,
outlines how the Association believes antitrust laws need
to be adapted to accommodate big tech companies like
Amazon, Google, and Facebook.
US music community is preparing for a long battle ahead
following the decision by the Antitrust Division at the
US Department of Justice to open a full review of the
consent decrees ruling the country's two main
performance rights societies, ASCAP and BMI, since 1941.
David Israelite, CEO of Washington, DC-based National
Music Publishers Association, said at the organisation's
annual meeting in New York that the music community will
be fighting against industries such as broadcasters,
digital service providers, hotels and bars who do not
want to change the status quo and represent collectively
$2.5 trillion in market capitalisation.
over one in five Americans 18+ (21%)
own a smart speaker, or around 53
million people, according to the
Spring 2019 edition of The Smart Audio
Report from Edison Research and NPR.
But those who have had one for some
time are doing fewer things with them
and concerns about privacy and
security are discouraging consumers
who haven’t bought one from taking
the smart speaker plunge.
an interesting time for the debate
surrounding how – and how much –
streaming services pay different
factions of the music industry. The
likes of Spotify, Apple and YouTube
are due to enter global licensing
renegotiations with major music
companies this year, while Spotify in
particular has attracted stinging
industry criticism for filing a legal
appeal against new mechanical
streaming rates in the US, which would
see songwriters and publishers benefit
from a 44%-plus rise in royalty
vinyl record, also known as gramophone
record or phonograph record is an
analog sound storage system that
consists of a flat disc with an
inscribed modulated spiral groove that
usually starts near the periphery and
ends near the center of the disc.
Gramophone records were the primary
medium used for commercial music
production during most of the 20th century
which was replaced by phonograph
cylinder (a popular recording medium
during 1990s.) Gramophone
records remain the medium of choice
for many audiophiles, and specialist
areas such as electronic dance music
and hip hop. The history of vinyl
records dates back to 1877 when Thomas
Edison developed the phonograph which
was capable of replaying the
much is your data worth to companies
like Google and Facebook?
the question US senators Mark Warner
and Josh Hawley want answered by
introducing a bill on Monday that, if
successful, would require big tech
companies to disclose to individual
users the value of their information.
which people you want on your team to
help you make it the music industry is
one of the most important decisions an
artist can make, and choosing
incorrectly can not only slow you
progress, but seriously derail an
streaming service Spotify Technology
SA pays Apple Inc a 15% fee on about
680,000 of its 100 million premium
customers, Apple disclosed in a
response to Spotify’s complaint with
European antitrust regulators. In
March, Spotify filed a complaint with
European Union regulators saying that
Apple’s control of the App Store,
including fees it charges for taking
payments through the store, had made
it unfairly difficult for rivals to
compete for music subscribers.
record industry, and consequently the
record deal, have seen countless
transformations over the decades, and
while many artists may still be eager to
sign the "contract of their
dreams," the reality is that these
agreements can often leave the artist in
a less than ideal situation
part of the move to adapt the
Copyright Royalty Board determination
that awarded songwriters a 44% increase
over 5 years, Spotify has taken
advantage of a new discount allowed
for the family and student plans,
resulting in U.S. music publishers now
having to give back an undetermined
amount to the service.
streaming platforms grow, indie labels
are becoming increasingly concerned
about how the numbers can be
the music industry is increasingly
dependent on streaming, the fact that
some streams may not be reflective of
actual market demand is increasingly
concerning. Streams on Spotify and
YouTube factor into chart performance.
Similarly, streams are used to calculate
market share, which impacts label
the music business is changing
constantly, the music video is - and
will likely remain - a staple of music
industry marketing. But while a powerful
tool though they may be, it's important
to plan ahead as to just how to execute
common mistake songwriters make is not
applying the same organization and
thought to their business and career
goals as they do to their craft. Just
like you would organize your approach to
composing and writing music, so too
should you simultaneously be organizing
the approach to building your business.
Your business should have the right
balance of resources, planning and
logistics in the same way that a
well-written song has the right balance
of composition, melody and lyrics.
Thinking like a business person will
also take you further, help you make
better industry connections and help you
effectively execute your goals.
Creek Records artist Lindsay Ell
believes the male/female artist issue on
country radio begins with the labels and
more specifically within the A&R
division. “It can become a game of
pointing fingers,” she said on the
latest CRS360 webinar. If the labels
aren’t signing female songwriters and
artists, “it trickles down. Radio is
the last place you’re going to see
it,” she continued. “It’s like a
long-term investment, you start
investing but you aren’t going to see
tangible results until a few years down
has officially joined Facebook's new
Libra global cryptocurrency initiative.
Spotify stands out as the only music or
media company among 28 A-list players
ranging from Visa to Uber to Andreessen
Horowitz that each invested $10 million.
a major overhaul to music copyrights
became law last fall, the biggest
immediate impact on radio was that songs
recorded before Feb. 15, 1972 would no
longer be exempt. That means stations
playing songs that predate that cutoff
are now required to pay royalties on
those spins whenever those tracks are
streamed online. But DC law firm
Fletcher, Heald & Hildreth cautions:
Not so fast.
has included Siri support for Spotify,
Pandora and other third-party music and
media apps in the upcoming iOS 13. A new
developer tool, SiriKit for Audio, now
makes it possible for iOS audio app
developers to integrate Siri’s search
and play feature.
global recorded music business brought
in $19.1 billion in revenue in 2018,
according the IFPI. By 2030, that number
will grow to $45 billion, with streaming
expected to represent $27.5 billion of
the total, according to a new Goldman
to worldwide distribution and marketing
has changed the game for the music scene
in general and our scene specifically.
Streaming and social media have knocked
down barriers that have long kept us
regionalized. …but just because the
playing field is bigger now, doesn’t
mean it’s any easier.
songs to bloggers and other gatekeepers
is hard enough on its own, and
unfortunately its the just the first
step. If you really want to make a
splash with your latest release, it's
important that you go by the following
only represents 5% of the content
uploaded to YouTube, but it represents
20% of the total views on the platform.
Because music videos are shorter in
length than the average YouTube video,
music is the platform's most profitable,
according to a new study by Pex.
US Copyright Office has been lagging
behind the times for awhile now, but is
finally beginning to catch up, with some
exciting "innovations" such as
online copyright registration system,
making it much easier for artists to
officially register their work.
this followup piece, Hugh McIntyre
examines what exactly an artist needs to
include in the second half of their
press release, the portion which
actually contains the information you're
trying to communicate about your band.
in the age we are, many musicians may be
tempted to invest their time and money
solely in digital promotion, but
eschewing more archaic forms of
promotion like vinyls, shirts, and
stickers in favor of targeted social
media ads and playlist promotion can
sometimes backfire. Here we look at why
old school formats and promotion
strategy still have some value.