Music Industry News

15 Years Later, Facebook Finally Blocks Users From Sharing Pirate Bay Links

Facebook no longer allows links to The Pirate Bay to be shared on its platform. The crackdown also targets other major torrent sites. Back in 2004, The Pirate Bay was in hot water over hosting millions of links to pirated content. The site’s Swedish servers were raided and the site was taken offline at least […]

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Music Industry News

Spotify Allows Mixing of Music and Podcasts In Playlists  — Apple Exec Says ‘Bad Idea’

Earlier today (September 30th), Spotify announced a new feature that will let people combine music and podcasts within their playlists, much like the company’s “Your Daily Drive.” While “Your Daily Drive” uses the company’s personalization engine to match users with music and news from its top sources, the new feature will allow people to do […]

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Music Industry News

A Flood of New Streaming Video Services Could Turn Users Into Pirates, Study Finds

Warring TV streaming services are competing with exclusive content — and facing increased piracy as a result.  Sound familiar? The UK-based Broadband Genie has just released the results of a very interesting survey.  The scary conclusion: a fragmentation in video streaming services could unwittingly turn users toward piracy. Video streaming services such as Netflix fundamentally […]

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Music Industry News

Audiomack Is Quietly Discovering Artists Before TikTok, Spotify, and SoundCloud

“We’ve created an app where young music fans go every day,” said Dave Ponte, CMO and co-founder at Audiomack. Spotify is great at blowing up superstars like Drake and Ed Sheeran. But where are other artists getting incubated and developed? That’s the space aggressively being pursued by NYC-based music streaming and discovery platform Audiomack, which […]

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Music Industry News

Music Industry Nemesis Peloton Raises $1.16 Billion In Its IPO — Then Crashes Hard

You can feel the schadenfreude emanating from the offices of major music publishers. On Thursday, Peloton, which is an exercise equipment and media company that has been embroiled in a contentious lawsuit with music publishers, raised $1.16 billion in its IPO, giving the company a valuation of $8.1 billion. However, the price of the company’s shares quickly […]

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Music Industry News

SESAC Successfully Sells $560 Million In Bonds Backed by Music Royalties and Licensing Deals

SESAC, which is the third largest performance rights organization in America after ASCAP and BMI, has announced that it has refinanced its capital structure by selling $530 million in corporate bonds. SESAC further received an additional $30 million in revolving credit. The bond sale was reportedly heavily oversubscribed. The funds replace the amount of debt […]

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Music Industry News

Music Piracy Rates are Plunging In 2019 — That’s Good News, Right?

The International Federation of the Phonographic Industry (IFPI), which represents the recorded music industry worldwide, has issued a ‘music listening’ report for 2019. The report points to a serious and ongoing piracy problem affecting the global industry.  But buried in all the bad news about piracy is a lot of very good news — including a […]

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Music Industry News

Spotify for Artists Gets an Overhaul ⁠— Now Shows Real-Time Listening Stats

Spotify has released a redesigned Spotify for Artists app with real-time listening stats. The new app displays the total number of people who are listening to the artists’ tracks worldwide. Those stats will continue to update for the first week the app rolls out live.  The update is rolling out now to iOS and Android […]

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Music Industry News

SAG-AFTRA Reaches a Deal With Major Labels Over Music Video Performances

After 3 long days of negotiations, SAG-AFTRA came to an agreement with all the major recording labels. Their new 3-year contract covers various types of performances in music videos. Danielle Towne, who is the national chair of SAG-AFTRA’s Music Video Negotiating Committee as well as a dancer, categorized the negotiations as “intense.” She says, though, […]

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