Data

How Audoo Is Quietly Revolutionizing Performance Rights Monitoring

While nosebleed catalog acquisitions, billion-dollar IPOs, and high-flying NFTs hog the music industry’s headlines, performance rights organizations are quietly retreading their operations to better count the songs being played in public. One company zealously pushing this ‘revolution’ is Audoo, a London-based company investing heavily in the hardware and software required to better track what’s playing in the background.

Source: How Audoo Is Quietly Revolutionizing Performance Rights Monitoring

Max Martin, ABBA’s Björn Ulvaeus, and songwriter and producer Niclas Molinder say they’ve invented the solution to the music industry’s ‘black box’. And it’s free.

To address the issue of hundreds of millions of dollars’ worth of royalties landing in the industry’s so-called ‘black box’, rather than in the bank accounts of rightsholders, ABBA’s Björn Ulvaeus launched the ‘Credits Due’ campaign in 2021 to get creators paid for their work.

Source: Max Martin, ABBA’s Björn Ulvaeus, and songwriter and producer Niclas Molinder say they’ve invented the solution to the music industry’s ‘black box’. And it’s free.

Digitization Can Support Publishers with Decision-Making

Looking at the volume of e-books released each year since 2008, many titles are published directly on self-publishing platforms such as Smashwords or Kindle Direct Publishing. This has created a plethora of new information for traditional publishers—not only about which books are released but also about how individual titles, authors, and entire genres are perceived by readers.

Source: Digitization Can Support Publishers with Decision-Making

About that catalog music stat we published the other day…

Last Thursday (January 6), MBW published a jaw-dropping statistic about the US music market in 2021: 82.1% of music consumption in the second half of the year, we calculated, was of ‘catalog’ music, as opposed to ‘current’ music. Now, though, we have a problem: Today (January 11) MRC Data has issued a correction to its annual 2021 report, significantly altering its numbers when it comes to both ‘catalog’ and ‘current’ music consumption in 2021.

Source: About that catalog music stat we published the other day…

Thanks to podcasts, Spotify is the fastest-growing music service in the US: survey 

A new survey by Morgan Stanley reveals that Spotify is the fastest-growing music service in the United States. It is also now the most popular platform for podcast listening. From 2019 to 2021, the streaming giant’s share of the average American’s listening hours increased from 7 per cent to 10 per cent, well behind AM/FM radio and YouTube, but strong among younger consumers who will make up the bulk of listeners over the next decade.

Source: Thanks to podcasts, Spotify is the fastest-growing music service in the US, according to Morgan Stanley survey

VEVA Sound Partners With PPL, MLC, Jaxsta & More to Expand Song Credits Collection

Building upon its pioneering efforts to improve music credits – and eliminate unmatched royalties – at the label level, VEVA Sound has inked partnership agreements with the PPL, the MLC, and more as part of a broader creator-focused expansion. VEVA Collect functions as a one-stop collaboration and project-management platform, prioritizing the upfront onboarding of metadata and crediting information to prevent royalty headaches down the line.

Source: VEVA Sound Partners With PPL, MLC, Jaxsta & More to Expand Song Credits Collection

Armed With Data, Musicians Have Big Plans to Court Their Superfans

Recording artists know a lot more about their fans than they did before the Covid-19 lockdowns, and they want to use that information to get closer to them. Newly armed with these granular fan insights, artists are beginning to tailor marketing messages, communicate with fans in more direct ways, and create new experiences for their die-hard followers.

Source: Armed With Data, Musicians Have Big Plans to Court Their Superfans

TV, Movie Viewing Have Lost Share Of Overall Entertainment Time: Study

TV and movie viewing still command the largest share, and did see growth over the past two years–but gaming and other activities saw significantly higher growth, according to consumer surveys conducted by Interpret. The report is based on detailed online surveys about entertainment behaviors among 9,000 U.S. consumers between 2019 and 2021.

Source: Digital News Daily: TV, Movie Viewing Have Lost Share Of Overall Entertainment Time: Study

New Netflix Metric Is Aimed More At Fans Than Business Partners

In the rollout of its new measurement metric on Tuesday, Netflix’s corporate communications on the subject seemed to emphasize that the company underwent this revamp primarily to satisfy its fan base. But one suspects that subscribers — i.e., ordinary folk — who have occasionally taken to social media to cast aspersions on Netflix’s audience claims are not the only constituency being served here.

Source: TVBlog: New Netflix Metric Is Aimed More At Fans Than Business Partners

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