Business

Weekly Pop Streams Hit 7.5 Billion

Weekly Pop Streams Hit 7.5 Billion

For the first time, on-demand audio streams had a 7.5 billion week, according to Nielsen Music’s Mid-Year U.S. Report which tracked a total of 184 billion streams for the period ending June 29, 2017.  That marks a sizable 62.4% increase over the same time period in 2016. On-demand audio streams have reached over 184 billion streams so far […]

Pandora Gets Sirius Suitor to Put a Ring On It

Pandora Gets Sirius Suitor to Put a Ring On It

It’s official. Sirius has reached an agreement to invest $480 million in Pandora, purchasing a 19 percent stake in the streaming music service. The satellite radio service had been circling Pandora for some time, prompting rumors of an outright purchase. This agreement, which will take weeks to conclude, is the best of both worlds for Padora, guaranteeing […]

Apple Music Tops 27 Million and other WWDC news

Apple Music Tops 27 Million and other WWDC news

Apple Music has topped the 27 million subscriber mark, announcing the benchmark at the Apple Worldwide Developers Conference today at the San Jose Convention Center. That’s a 7 million improvement over December, when the company announced it had achieved 20 million paying subscribers in the two years since the service launched, a 35 percent improvement in the second […]

Concord Bicycle Buys Imagem

Concord Bicycle Buys Imagem

Concord Bicycle Music has acquired music publishing and theatrical rights company Imagem Music Group, picking up a combination of wordwide and European rights to songs by Phil Collins, Pink Floyd, Justin Timberlake and Lionel Richie as well as classic theater works by Rogers & Hammerstein, Irving Berlin and more. In all the company has picked […]

Beck Nabs SESAC Film Honor

Beck Nabs SESAC Film Honor

Trolls composer Christophe Beck took home top honors in the film music category at the annual SESAC Film & Television Composers’ Awards, which was highlighted by a moving speech by music attorney Jay Cooper, a partner of Greenberg Traurig, who received the performing rights organization’s Visionary Award. The annual awards gala, held at the Casa […]

Dunaif to International Role at ASCAP

Dunaif to International Role at ASCAP

Digital business strategist Tony Dunaif has been named executive vice president and head of international affairs for preforming rights giant ASCAP, reporting to CEO Elizabeth Matthews. In this capacity Dunaif will oversee international business and society relations outside of the United States for ASCAP,  the American Society of Composer, Authors and Publishers. Dunaif’s appointment is […]

Activism Key to Songwriter Regulation Reform, Says ASCAP

Activism Key to Songwriter Regulation Reform, Says ASCAP

  ASCAP President Paul Williams led a bipartisan effort to to galvanize songwriters in a battle for regulatory reform, while representatives Karen Bass (D-CA) and Doug Collins (R-GA) urged the audience at the April 14 panel discussion “Music Licensing Reform: Fight For Your Rights” to do just that. “If you’re so passionate about writing your music, […]

Credits a Luxury in Digital Age

Credits a Luxury in Digital Age

Earning a fair wage was the running theme at the ASCAP “I Create Music” Expo, where the transition to streaming and digital left many songwriters feeling their legacies being blown away like so much dust in the wind. “Little by little, our names are being erased from existence,” said songwriter and producer Desmond Child, whose work has been […]

Geiger Counters Conventional Wisdom

Geiger Counters Conventional Wisdom

WME head of music Marc Geiger engaged music attorneys — and artist Dave Matthews — over lunch with his five point presentation on the future of the record industry. The big takeaway: yes, the music biz has bounced back thanks to paid subscription services, but the current bump is small change compared to the riches […]

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