November 21, 2013

TuneCore Taps INDmusic to Monetize YouTube

TuneCore has signed an agreement with INDmusic to monetize their artists' music on YouTube.

(from Billboard Biz, November 20, 2013) TuneCore Inc., one of the world’s largest digital music distribution companies, announced that they signed an agreement with INDmusic last week to be able to better monetize their artists’ music on YouTube. INDmusic will be administering the master recording rights on YouTube for TuneCore’s 290,000-track library. YouTube gets hundreds […]

October 24, 2013

Digital Music’s Rise

Performance royalty distributions have grown during SoundExchange's watch.

(from Billboard Magazine, October 21, 2013) SoundExchange, the Washington-D.C. based non-for-profit that collects and distributes digital performance royalties from satellite and cable radio broadcasters, is one of the biggest signs of the decline of the record industry. The need for such a company as SoundExchange has risen exponentially as music changed to a more digital platform. […]

October 9, 2013

Performance Royalties at Last?

Rep. Mel Watt, D-NC., introduced the Free Market Royalty Act to Congress September 30, 2013.

(from Billboard Magazine, October 7, 2013) On September 30, Representative Mel Watt, D-N.C., introduced the Free Market Royalty Act to Congress. This act would replace government intervention with free-market negotiations and would deliver a desired performance right to ensure payment of broadcast radio royalties to record labels and performing artists in the United States for the […]

September 26, 2013

BMI Reports Record Annual Collections, Distributions

BMI has achieved its highest collections and largest royalty distribution this past year.

(from Billboard.Biz, September 23, 2013) Broadcast Music, Inc. (BMI) recently reported its largest revenue collection and largest royalty distribution in its 74-year history. BMI reported its highest collections in one year, having taken in $944 million for its year ended June 30, 2013—a 5% increase from the $899 collected the previous year. They paid royalty […]

September 12, 2013

Business Matters: Apple, iTunes Radio and the Innovator’s Dilemma

(from Billboard.Biz, September 6, 2013) Many consumers are now streaming music online instead of purchasing music downloads. Apple has been a dominant source of purchasing music online, and now it feels it must embrace innovation and move towards the market’s shift to streaming media. Apple is facing an innovator’s dilemma: it could continue improving its […]