“Having equity in Spotify might be smart, but if the money doesn’t trickle down from labels to profit participants, is it legal? The amended suit states that Sony has motive in making Spotify a more valuable company by giving it favorable royalty arrangement. By doing so, Sony’s own investment position is bigger, and any cash-outs won’t have to be shared with artists.”
Tag: 06.25.15
Thousands Of Small Indie Music Labels Capitulate, Sign On With Apple Music
“The standoff with Apple illustrates the unusual position of independents in the digital age. They may have some of the biggest artists in the world — Ms. Swift and Adele are both signed to indies — but small companies struggle to secure licensing deals on the same terms as the big labels.”
Blue Note Jazz To Expand To China
“Jazz has long had a substantial consumer base in Asia, especially Japan. Blue Note Tokyo opened more than 25 years ago, joined later by Blue Note clubs in Osaka and Nagoya. But given the potential development of a new audience in China, this expansion could radically change the picture for jazz in the region — as well as reap benefits for touring musicians and the Blue Note brand.”
Detroit Police Issue Arrest Warrant For Shepard Fairey
“Fairey is charged with two counts of malicious destruction of property after an arrest warrant was filed in Detroit’s 36th District Court on Friday. The crime carries a maximum sentence of five years in jail and fines of up to $10,000.”
Royalty Escalation: New App Puts Streamed Music On Endless Plays To Boost Royalties
“The Eternify app puts any artist’s songs on endless repeat, playing just 30 seconds at a time – the minimum required to be considered a “listen”. Spotify said it was looking into whether it broke the service’s rules. Eternify was devised by New York-based act Ohm & Sport, who said streaming was “virtually worthless” for musicians.”
June Could Be Hollywood’s Biggest Month Ever At The Box Office
“Even if the month falls short, it will still have been an impressive run considering analysts were initially worried ticket sales were lagging when big movies like “Tomorrowland” and “Spy” disappointed. But the big summer blockbuster season got back on track as “Jurassic World” smashed records when it debuted three weeks ago.”