Music streaming continues its ascendance, with the number of paid streaming subscriptions on track to reach 235 million worldwide by the end of 2018, according to a new music market report from Futuresource Consulting.
US record labels and others in the music industry are considering launching their own charts as an alternative to the iconic Billboard lists, according to multiple sources. The discussions come at a time when Billboard has come under fire for rumored changes in chart calculations that could include YouTube plays.
Facebook Inc. is offering major record labels and music publishers hundreds of millions of dollars so the users of its social network can legally include songs in videos they upload, according to people familiar with the matter.
A large swath of the music business, including all three major labels (Universal Music Group, Sony Music and the Warner Music Group), the Recording Industry Association of America (RIAA) and music platforms such as Pandora, Rhapsody/Napster and HD Tracks, all in concert with the Digital Entertainment Group (DEG), today announced their support for studio-quality hi-res audio for music streaming.
New York’s highest appeals court ruled Tuesday that radio companies like SiriusXM need not pay to play so-called pre-1972 recordings over the air, a huge reversal in a years-long effort by record labels and artists to win new royalties from the old tracks.
When R&B singer Jill Scott started promoting the third single from her 2015 album earlier this year, Pandora Media Inc. let her put the song, “Can’t Wait,” into heavier-than-normal rotation on its internet radio service.