Royalty Exchange launches valuation app for songwriters

Zillow is the website whose features start with providing an estimate for the value of your house, to help you gauge whether to sell or rent it out (which the site can also help with). Now music firm Royalty Exchange has launched an app for songwriters that it’s pitching as ‘the Zillow for royalties’. That’s “a free […]

SoundExchange payouts grew by 17.5% year-on-year in Q2

US company SoundExchange has published its latest quarterly figures, and they show strong growth in its payouts to artists and labels. The company paid out $208.7m in the second quarter of this year, up 17.5% year-on-year. That growth is also reflected in SoundExchange’s figures for the first half of 2018, with distributions up 17.4% to $398.6m, […]

Universal Music targets monthly accounting to artists

Universal Music Group’s head of royalties Cindy Oliver has been talking about the major label’s moves towards accounting to artists on a monthly, rather than a quarterly or semi-annual basis. This is based on the label group’s ‘Global Clearinghouse’ initiative, which went live earlier this month. “Since we’ll have monthly ingestion and reporting of financial […]

Study: Spotify Today’s Top Hits placement ‘worth up to $163k’

The latest study of Spotify claims that placement on the streaming service’s Today’s Top Hits playlist can be worth between $116k and $163k to an artist. The study was carried out by Luis Aguiar and Joel Waldfogel of the National Bureau of Economic Research in Cambridge, Massachusetts. Some highlights: “Appearing on Today’s Top Hits, a […]

Should Spotify windfall lead majors to cancel unrecouped debts for legacy artists?

Musician Tom Gray of British band Gomez – currently firing up crowds on the 20th anniversary tour celebrating their ‘Bring It On’ album – has an idea for major labels about how to follow up their windfalls from Spotify’s public listing. In short: he thinks they should cancel the unrecouped debts of the legacy artists […]

New study explores impact of user-centric music-streaming payouts

‘User-centric’ streaming payouts refers to a proposed system where the royalties generated by someone’s subscription would be divided only between the artists that they listen to, rather than going into a central pool divided by market-share on the platform as a whole. ‘If you only listen to Ed Sheeran, your money only goes to Ed […]

How would user-centric payouts affect the music-streaming world?

‘User-centric’ licensing is where the royalties from a streaming subscription only go to the artists who that subscriber listens to, rather than into a bigger pool split by overall share of all the streams on the platform. There have been calls for streaming services like Spotify and Apple Music to switch to user-centric systems, partly […]

Big services can’t find big hits’ writers according to NOIs

Can Spotify, Google and Amazon *really* not identify who to pay publishing royalties to for Drake’s global hit ‘God’s Plan’? Or for Ed Sheeran’s ‘Perfect’? Or for Post Malone’s ‘Rockstar’ or Camila Cabello’s ‘Havana’ or… Well, you get the picture. Artist-rights blog The Trichordist has published a post from industry lawyer Chris Castle in which […]

Auddly launches #MetadataPays campaign for music creators

Startup Auddly’s service aims to help songwriters and musicians to start creating metadata around their songs from the earliest stages of writing and recording. Now it’s launching a campaign to promote these practices, called #MetadataPays, in partnership with British collecting society PRS for Music. The campaign will focus on a three-step process for musicians to […]

New report quantifies the independent US creative economy

A new report published by a lobbying coalition called Re:Create – we’ll get to who that is in a bit – is trying to put some numbers to the independent creative economy in the US. The report is deliberately narrow in focus, attempting to calculate how much musicians, filmmakers, artists and other creators earned from […]

Socan promises more transparency with ‘Layla’ royalty system

Canadian PRO Socan has launched a new royalty income and tracking system for customers of its Audiam subsidiary. Called ‘Layla’ (we’re sorry for the guitar-solo earworm you’ll be enjoying all morning now) it’s aimed at publishers and self-published songwriters. The system promises to track who’s recording their songs, where they’re being listened to and how […]

Joe Elliott of Def Leppard talks streaming, Hysteria and label rows

When you have sold over 100m albums and shift more tickets today than you did in your supposed peak in the 1980s, you are “not exactly hurting” for money and can therefore afford to take your time when considering the leap into new, digital revenue streams. This, according to Def Leppard’s lead singer Joe Elliott, […]

David Lowery publishes 2018 ‘streaming price bible’

Musician David Lowery has published the latest data on payouts from a range of streaming services, sourced from “a mid-sized indie label with an approximately 200+ album catalog now generating over 200m+ streams annually”. It’s a very interesting snapshot as ever: both of average per-stream payouts and of the market shares of the various services. […]

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