Spotify, Apple Music, Tidal and other digital outlets dominate the music business these days. What may be downright shocking for some of these older recording artists is finding out there might be not be any contractual entitlement to streaming royalties whatsoever. Or at least that’s the position now being taken by Warner Bros. Records in an ongoing lawsuit.
Reading platform Scribd is launching a new original content program called Scribd Originals today, a long-form content experiment featuring notable authors such as Roxane Gay and Garrett Graff, which will range between a magazine feature and a book. Stories will be exclusively available to Scribd subscribers as ebooks and as audiobooks.
Xunlei Limited and its cloud computing arm Shenzhen Onething Technologies Co., are now exploring blockchain-based solutions for copyright protection system. On March 28th , the company unveiled its collaboration with Copyright Protection Center of China (“CPCC”), the national Copyright public service institution, to further deploy Blackchain-based DCI (Digital Copyright Identification) Service system.
Troy Carter has revealed his next move after vacating the role of Spotify’s global head of creator services in September: He’s reuniting with former Atom Factory co-president J. Erving to form a new music and technology company called Q&A. According to a press release, the merger allows Q&A and Human Re Sources to develop an ecosystem based around the idea of the “artist as an entrepreneur.”
Legislation to allow news publishers to work together on negotiations with tech giants such as Google and Facebook is to be introduced in Congress. The bill would give publishers a 48-month safe harbor from those rules, during which they would be free to work together to push their case on issues from revenue splits to data-sharing to content-licensing.
The spectre of the value gap hung over the IFPI’s Global Music Report and press conference this morning, as it has done for the past few years, but the name ‘YouTube’ was not mentioned directly. Instead, it was the elephant in the room. IFPI boss Frances Moore and senior executives from the major labels talked about Latin America and India as key to the next stage of growth, yet it’s also true that YouTube is hugely popular in both territories.
Although many have deemed Article 13 “controversial,” it remains to be seen whether Article 13 will have serious ramifications related to filters and censorship, as well as liability for online platforms. Rather, the subjective “best efforts” standard may simply create an inconsequential effect on right holders and online platforms alike.
At the end of the ICO, Arteïa will open its decentralized platform, allowing art market actors to interact around a provenance ledger to share, study, inventorize, lend and trade artworks through matching marketplaces in a tokenized ecosystem.
One justification to join Apple News+ is the often-heard rationale “It is just another channel, publishers should take advantage of it”. It could make sense if the publisher were able to retain the relationship with the customer. For obvious reasons, that won’t be the case in the Apple News+ ecosystem.
Paid streaming accounted for 37% of total global recorded music revenue in 2018, according to the IFPI Global Music Report 2019, which also shows that total streaming revenue grew by 34% and accounted for almost half (47%) of all global revenue. Meanwhile, physical revenue declined 10.1%, while download revenue was down 21.2%.