Just as the history of Les Miserables shows how much publishing has changed over the past two decades, it also demonstrates that the challenge of infringement, often presented as a new problem created by digital networks, also existed 150 years ago.
The startup, which claims to have more than 6 million monthly viewers, is expanding the ad-supported service with VOD as it positions itself as a kind of Spotify for premium video. It’s worth noting that Ken Parks, Pluto’s executive chairman, was Spotify’s first U.S. employee and led the music streamer’s negotiations with record labels.
Dart Music, once considered the most promising tech startup in the Nashville music scene, has begun the process of selling off their assets after filing for bankruptcy protection in February.
Ticketfly generated $86.6m of revenue for Pandora in 2016 according to the company’s financial results, plus a further $27.8m in the first quarter of 2017 – the latter figure representing 25% year-on-year growth, as Ticketfly sold 4.8m tickets to around two million unique buyers.
Walt Disney CEO Bob Iger revealed Monday that hackers claiming to have access to a Disney movie threatened to release it unless the studio paid a ransom. Iger didn’t disclose the name of the film, but said Disney is refusing to pay.
With May 18 looming as the deadline for the Department of Justice to file a brief on its planned appeal of a Federal Court decision that the BMI consent decree doesn’t require the organization to do full-works licensing, many on the publishing side of the industry are waiting to see if the DOJ will actually go through with proceedings.
The deal will bring together the management of a vast tranche of Anglo-American sound recordings and music publishing repertoire. The two companies are expected to continue to be run separately, but with increased collaboration behind-the-scenes.
One of the promises of digital technology was that it would not only speed up the consumption of music, it would also speed up royalty payments back to creators.The first part has very much happened; the second part – as income gets scattered across billions of micropayments – arguably less so.
Major content owners have largely focused their anti-piracy efforts on ISPs and Google. But it turns out that operating systems have just as much power when it comes to controlling content. They’re just not using those powers.
Sources tell On the Money that Warner and Spotify are getting this close to a new royalty agreement. If inked, Daniel Ek’s Spotify would be on the way to its long-planned IPO — expected in the final quarter of 2017.