With 40,000 tracks being uploaded to Spotify daily and music distribution effectively barrierless, it is little wonder that the consumption share of the top 200 artists is being slowly reduced on streaming platforms. At this point in time the main focus for labels remains share of streaming – driving more signings, more artists and more releases. This is all being squeezed into a pipe with a pretty narrow head.
You may have heard that vinyl is back, but with the resurgence of records comes the return of a controversial practice in the music industry: bootlegging. “There are more bootlegs around today than any other time in the last 20 years,” said Ian Shirley, editor of the Rare Record Price Guide.
Book publishing has long been a hits-driven business. The bestsellers, the logic went, paid for the flops. And it was the authors of those in the middle—the so-called midlist—that publishers hoped to build into the next crop of bestsellers. But midlist sales have faltered enough in recent years that there is a growing concern among publishers and agents about how the business can create new hits when the field they once turned to is, well, disappearing.
Source: Is Publishing Too Top-Heavy?
There are a myriad of lawsuits currently transpiring and could decide the fate of many digital publishing initiatives. The first is a bloody affair between Barnes and Noble and former Demos Parneros. Audible is also fighting the entire publishing in court for their Captions program, which would add text to audiobooks, similar to how you can watch Youtube videos and view closed captions.
Little under two years ago, Facebook announced a global licensing deal with Universal Music Group – covering the use of music on FB, Instagram and VR platform Oculus. Over the following few months, we learned of similar agreements involving the likes of Warner Music Group, Sony/ATV (and Sony Music) and a host of independent labels via Merlin and others.
Filmmakers may still prize a theatrical release, but they’re beginning to warm to the notion of streaming. They’re getting substantial budgets that rival those of theatrical releases, and with filmmakers like Scorsese, Baumbach and Alfonso Cuarón embracing the new form of distribution, the stigma is lifting.
Not only is the profession of photography a dying one, but the monetary value placed on photos is lost as well. This isn’t just because of the volume of photos, but because fewer people respect anything resembling copyright or ownership of photos.
Spotify certainly looks like the big dog on the streaming block, and perhaps it really is, but some on Wall Street are beginning to think that the company is not all that its stock is cracked up to be.
Spotify has announced that, for the first time, record companies (and other industry players) will soon be able to pay to have their artists promoted to targeted fans within the Spotify ecosystem via a ‘Brand New Music For You’ pop-up visual ad.If that sounds a lot like the way labels and artists currently shell out to get in front of fans in sponsored posts on Facebook and Instagram, that’s because… it is.
On Tuesday, the Ninth Circuit Court of Appeals issued a ruling that on its face appears to have absolutely nothing to do with movies, television shows, and music. Wrong. In fact, the decision may have quite an impact in the entertainment sector. It could even shake an ongoing profit dispute over one of the longest-running shows on television.