Twitch avoids the problematic “begging bowl” undertone that can plague artists on other direct subscription services like Patreon by offering fans something in return — an exclusive, interactive live video experience — that Olson believes has an immediate premium value in the mind of the audience.
featured
LiveXLive to launch pay-per-view live stream music events
According to the company, its PPV platform “will drive a new revenue-sharing model for both artists and LiveXLive via digital ticket sales, fan tipping, digital meet and greets, merchandise sales and sponsorship.” LiveXLive’s first pay-per-view event will be the 11E1even Group-produced virtual concert series Live From Out There, featuring more than 45 live performances starting on Friday, May 15 and continuing for four weeks until June 7.
Spotify now enables fans to pay artists money direct
The streaming platform has long enabled artists to highlight a piece of music on their profile via the ‘Artist’s Pick’ headline. Now, Spotify has launched a sister version of this feature, ‘Artist Fundraising Pick’, which allows acts to pin a specific destination on their profile where fan can pay them ‘tips’.
Source: Spotify now enables fans to pay artists money direct, via Cash App and PayPal.me partnerships
Katy Perry & Capitol Records Off the Hook for $2.8M ‘Dark Horse’ Copyright Verdict
It took much longer than expected but seven months after the conclusion of a copyright trial that stunned the music world, a California federal judge on Tuesday delivered a win to Katy Perry, Capitol Records, Lukasz “Dr. Luke” Gottwald and others who worked on the 2013 hit “Dark Horse.”
Source: Katy Perry & Capitol Records Off the Hook for $2.8M ‘Dark Horse’ Copyright Verdict
Coronavirus is shutting down movies, tours and festivals.
As the coronavirus continues to spread worldwide, the entertainment industry has heeded health notices and travel restrictions by canceling events and postponing productions planned for the near future. Countless jobs will be affected by the virus, and financial reverberations for individuals, companies and economies will last months, at the least.
Source: Coronavirus is shutting down movies, tours and festivals. Here’s where things stand.
London Book Fair Canceled
Citing concerns about the potential spread of the COVID-19 coronavirus, Reed Exhibitions has canceled this year’s London Book Fair. Yesterday Reed Exhibitions had said the show would proceed. The turning point seems to have come when major U.K. divisions of the large international publishers decided not to send their local staffs to the fair.
Source: London Book Fair Canceled
US Recorded Music Revenue Reaches $11.1 Billion in 2019
The U.S. recorded music business generated $11.1 billion in revenue in 2019, according to the RIAA’s annual year-end report, a 13% year-over-year increase from the $9.8 billion it reached in 2018. That represents the fourth straight year of double-digit growth for the sector, and a faster rate of growth over 2018, when it increased 11.9% over the prior year.
Source: US Recorded Music Revenue Reaches $11.1 Billion in 2019, 79% From Streaming: RIAA
Blowback as Article 13 gets binned by UK Government
Independent music body IMPALA issued a statement (see below) today (January 28) arguing that it’s “illogical not to deliver the results now”. On Friday (January 24), Tom Kiehl, Deputy CEO of UK Music (an umbrella body that represents the recording, publishing and live sectors) wrote to Skidmore “to request an urgent meeting to discuss the music industry’s concerns”.
Congress Introduces AM-FM Act to Get Artists & Labels Paid for Radio Play
New legislation introduced in both houses of Congress on Thursday brings artists one step closer to receiving performance rights royalties on radio airplay. The Ask Musicians for Music Act (AM-FM) would require radio stations to get consent from recording artists to play their music.
Source: Congress Introduces AM-FM Act to Get Artists & Labels Paid for Radio Play
Competing Publishing Industry Wishes, Concerns Give DOJ Plenty to Ponder In Consent Decree Review
Publishers, songwriters and performance rights organizations are at odds over other aspects of the DOJ’s consent decree review beyond the danger of potential unwanted legislation coming from the publishers’ request for the selective withdrawal of digital rights from ASCAP and BMI’s blanket licenses.
Source: Competing Publishing Industry Wishes, Concerns Give DOJ Plenty to Ponder In Consent Decree Review