The rights that a broadcaster or digital music company gets from ASCAP, BMI and SESAC (commonly called the “PROs” or performing rights organizations) deal with the public performance of music. The PROs license the “musical work” or “musical composition” – the lyrics and the notes that make up the song. They do not license particular…
by: Kathleen Parrish “Our greatest glory is not in never falling, but in rising every time we fall.” –Confucius Some of the greatest and most successful songs were written after heart-wrenching moments in life. When you’re actually in one of those scenarios, though – be it coping with a breakup, death, illness, or other serious…
This week, several notices of the intent to audit the records of several webcasters and other digital music services were published in the Federal Register, indicating that SoundExchange was planning on having the royalty payment records of these services reviewed. Notices were sent to services including Live363, iHeartMedia and CBS. Those notices have prompted several calls…
A report from Manhattan Venture Research values Spotify at $5.74 billion, finding potential in the company even though a profit isn’t predicted to arrive until 2019. Analysts at the merchant bank believe strong subscriber and revenue growth since the investment warrant the $1.7-billion premium over its $4-billion valuation around the time of its last fundraising, …
New data from Norway reveals that music piracy has completely collapsed in the country. The country has hit upon a way to rely on streaming to encourage residents to enjoy music legally. A new music industry survey asked people under 30 in Norway whether they illegally download music online. The study, carried out by…
