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SOUNDCLOUD REVENUES GREW 80% TO TOP $100M IN 2017, AS LOSSES NARROWED 27%
Music, Technology  |   January 29, 2019

SOUNDCLOUD REVENUES GREW 80% TO TOP $100M IN 2017, AS LOSSES NARROWED 27%

SoundCloud boss Kerry Trainor claimed last year that the streaming company generated more than $100m in 2017 – and it turns out he was good as his word. Berlin-based SoundCloud has just
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AnalysisRevenuesSoundCloud
PPL’s international collections grew by 43% in 2018
Publishing, Royalties  |   January 29, 2019

PPL’s international collections grew by 43% in 2018

British collecting-society PPL has reported some figures for 2018: its international collections, for public and TV/radio performances (plus private copying) of its members’ tracks. The organisation collected £70.9m ($93.3m) in
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Administrative PublishingCollecting-SocietyMusic PublishingPPLRoyalties
‘Streaming Price Bible’ reveals one label’s 2018 per-stream rates
Music, Royalties  |   January 29, 2019

‘Streaming Price Bible’ reveals one label’s 2018 per-stream rates

Every year, artist-rights blog The Trichordist publishes a new ‘Streaming Price Bible’ comparing the latest per-stream rates for the main music-streaming services. This year’s went live this morning, based as
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AmazonApple MusicDeezerDSPsPer-Stream RateSpotifyStreamingStreaming Price BibleTidal
The Five Most Powerful Individuals in the Music Industry Don’t Work in the Music Industry
Music, Music Business  |   January 28, 2019

The Five Most Powerful Individuals in the Music Industry Don’t Work in the Music Industry

They might not work directly with artists, songwriters, charts or hit records. But they can change the course of the global music industry just by hitting “send” on an email
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Access IndustriesGreg MaffeiJohn MaloneKenichiro YoshidaLen BlavatnikLiberty MediaMa HuatengMusicPowerful PeopleSony CorporationTencentVincent BolloreVivendi
Spirit Music Group now owned by Lyric Capital Group in a $350M deal
Music Business, Publishing  |   January 28, 2019

Spirit Music Group now owned by Lyric Capital Group in a $350M deal

Independent publisher Spirit Music Group has announced a recapitalization, for which it has secured over $350 million, led by its COO Jon Singer. The company is now wholly-owned by the
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Lyric Capital GroupMusic PublishingSpirit Music Group
Kanye West sues Universal, EMI Music Publishing in apparent bid to own publishing rights
Legal, Publishing  |   January 28, 2019

Kanye West sues Universal, EMI Music Publishing in apparent bid to own publishing rights

Kanye West launched a pair of lawsuits on Friday (January 25) against two of his music industry partners – Universal Music Group and EMI Music Publishing. Little is known about
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EMIKanye WestLaw SuitMusic PublishingUniversal Music
‘Music is the new yacht’ – trends in music/tech investment
Music Business  |   January 25, 2019

‘Music is the new yacht’ – trends in music/tech investment

The recorded-music industry has returned to growth, but what impact is that having on external investors (from venture-capital firms to high-net-worth individuals) and their willingness to back companies in and
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AfricaMusic BusinessMusic InvestmentTechTechnology
Bollywood Breaks Ground on Spotify with Arrival of T-Series Catalogue
Music  |   January 24, 2019

Bollywood Breaks Ground on Spotify with Arrival of T-Series Catalogue

For more than thirty million people of Indian origin living overseas, Spotify is where they can hear the sounds of home. And, with this week’s addition of an expanded catalog
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BollywoodCatalogueSpotifyT-Series
Songtrust signs publishing-administration deal with Audiomack
Publishing  |   January 24, 2019

Songtrust signs publishing-administration deal with Audiomack

Earlier this month, we reported on youth-focused streaming service Audiomack’s growth from 400,000 daily active users a year ago to 1.5 million now. That has put it higher on the
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Administrative PublishingAudiomackMusic PublishingSongtrust
US labels see case against stream-ripping sites dismissed
Legal  |   January 24, 2019

US labels see case against stream-ripping sites dismissed

There have been some notable victories in music rightsholders’ campaign against ‘stream-ripping’ sites that help people turn YouTube videos into downloadable MP3 files. This week, though, they encountered a setback,
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PiracyPrivacyStream RippingUSA
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