RE the audiovisual licensing headlines..."[they] made it sound like a breakthrough for independent songwriters. In reality, what we have is a bare-bones description of a direct-license program whose key financial and legal terms remain hidden from view."
RE the audiovisual licensing headlines..."[they] made it sound like a breakthrough for independent songwriters. In reality, what we have is a bare-bones description of a direct-license program whose key financial and legal terms remain hidden from view."
NMPA and all the major pubs have entered into "direct licenses" with Spotify for new audio-visual "features."
Music journal stenographers declare these direct licenses will mean "higher royalty payouts" -- why? Because the parties said so!
NMPA and all the major pubs have entered into "direct licenses" with Spotify for new audio-visual "features."
Music journal stenographers declare these direct licenses will mean "higher royalty payouts" -- why? Because the parties said so!
They want less regulation. They want to negotiate “freely in the open market.”
Because that would ensure, they say, “songwriters and publishers are fully compensated…at market rates.”
Really?
They want less regulation. They want to negotiate “freely in the open market.”
Because that would ensure, they say, “songwriters and publishers are fully compensated…at market rates.”
Really?
The macro side:
There are 11 million distinct artists on Spotify.
More than 202 million tracks.
Of those, less than 800,000 (=.4% … 4/10 of 1%) garnered 1 million streams.
For reference, more than 1 million new tracks were uploaded each month of 2024.
The macro side:
There are 11 million distinct artists on Spotify.
More than 202 million tracks.
Of those, less than 800,000 (=.4% … 4/10 of 1%) garnered 1 million streams.
For reference, more than 1 million new tracks were uploaded each month of 2024.
Warner Chappell Music followed suit with a direct licensing deal with Spotify for “bundles.”
Wow, that sounds good. What’s the new rate?
Oh wait… “Financial terms of the agreement were not disclosed.”
Warner Chappell Music followed suit with a direct licensing deal with Spotify for “bundles.”
Wow, that sounds good. What’s the new rate?
Oh wait… “Financial terms of the agreement were not disclosed.”
UMG is hitting up the music press: “Universal announced that it had agreed new ‘multi-year agreements’ with Spotify covering both its record labels and music publishing business...
UMG is hitting up the music press: “Universal announced that it had agreed new ‘multi-year agreements’ with Spotify covering both its record labels and music publishing business...
-- Spotify liked the idea of playlists as a way of curating songs to be background music in life.
-- It was a short hop from there to ghost (“fake”) artists.
To feed its playlists, Spotify commissioned “perfect fit
content” (PFC).
-- Spotify liked the idea of playlists as a way of curating songs to be background music in life.
-- It was a short hop from there to ghost (“fake”) artists.
To feed its playlists, Spotify commissioned “perfect fit
content” (PFC).
The 20th century music biz economics only partially explain the reason why labels scourge the songwriter. It’s also because record company execs have always acted like feudal lords reigning over a fiefdom of serfs.
The 20th century music biz economics only partially explain the reason why labels scourge the songwriter. It’s also because record company execs have always acted like feudal lords reigning over a fiefdom of serfs.
Spotify goes public (2018); Labels share the spoils (15% equity); Spotify cashes in ($1.25 Billion in sold shares); Songwriters go broke.
www.digitalmusicnews.com/2024/12/24/s...
Spotify goes public (2018); Labels share the spoils (15% equity); Spotify cashes in ($1.25 Billion in sold shares); Songwriters go broke.
www.digitalmusicnews.com/2024/12/24/s...
Spotify founders cash out more than $550MM in stock.
Spotify founders cash out more than $550MM in stock.