Category: Uncategorized

Achieving equitable streaming rates for recordings and songs is not a complex mathematical conundrum. It does not require convoluted price modeling.  It is purely a business fight among private stakeholders. Yet, every five years, due to legacy US copyright laws that have not kept pace with technology, certain stakeholders are locked in rooms with copyright Read More …

Spotify said it will buy Findaway, an Ohio-based firm that distributes audiobooks, as the Swedish streaming giant continues to expand its audio offerings. Financial terms of the deal, which is expected to close in the fourth quarter, were not disclosed. Source: Spotify to buy Ohio audiobooks firm, expanding audio ambitions

Last year was a great year for Peloton, with Covid lockdowns inspiring consumers to invest in home fitness products and services like never before. That, in turn, led to a boom in music royalties paid out by the company. That story, though, has just hit something of a speed bump – with the news that Read More …

IATSE leadership has urged members to unite in support of the agreement, but the membership remains divided, partly along generational lines. Supporters say the deal makes progress on wages and working conditions.  But for opponents, and for many younger members, in particular, the contract feels like a perpetuation of an unsustainable status quo Source: Members Read More …

Universal Music Group CEO Lucian Grainge is reportedly set to earn north of $200 million in 2021 – more than the combined 2019 income (attributable to streaming and sales) of every songwriter in the UK – and the 61-year-old’s massive salary is drawing criticism from some fans, industry organizations, and lawmakers. Source: UMG CEO Lucian Read More …