Media +Technology Intelligence
On Thursday (Oct 21), the CRB posted the digital music services’ rate proposals for the term, also known as Phonorecords IV, and those streamers are recommending lower rates, mathematically speaking, than any of the yearly figures set by the CRB Phonorecords III determination that covers 2018–2022. Source: Streaming Services Propose New Royalty Rates for Songwriters and Publishers
NMPA asking for 40% of what labels are paid Read More …
On Monday, media major Disney received a Wall Street downgrade from a Barclays investment analyst who cited the growing challenge of creating new Disney+ originals with the same “franchise value or visibility” of the existing Disney IP on the streaming service. The investment bank believes that the dilution of the content IP could materially impact the Read More …
Roblox Corporation and EDC – scheduled to return to Las Vegas this weekend – just recently announced their unique agreement. Under the deal, Roblox and the Insomniac-owned music festival have established a “persistent world” called World Party (the space opened today), and fans can “watch and enjoy sets on the virtual stages” therein. Source: Roblox Partners With EDC Read More …
As regulatory pressure on the Play Store for Android increases, Google is once again making changes to its business structure. It has announced that more categories of apps will be eligible to pay significantly less than the usual 30 percent fee. The company is announcing that all subscription-based apps will now pay a fee of 15 percent. Read More …