ShareTweet Download and streaming services are playing British musicians’ work to digital audiences around the world. But songwriters’ royalties from the overseas exposure are tiny – and they are going to stay that way. New figures for musicians’ royalty earnings shine a light on a significant digital income gap. UK royalty collector PRS For Music [...]
ShareTweet Music downloads continue to grow despite the emergence of new streaming services, according to research which says that Spotify users are twice as likely to buy songs they play. For some time now, unlimited-music services have defended themselves against the notion they cannibalise downloads by saying they actually grow the whole music revenue pie. [...]
ShareTweet Subscription services like Rdio, Mog, Rhapsody and Spotify promise to restore stronger growth to the music industry. The model’s best hope, Spotify, has four million paying subscribers. But what are the real prospects for the sector? Music industry analyst Mark Mulligan, presenting at Future Music Forum in Barcelona on Thursday, sounded a note of [...]
ShareTweet With Janus Friis’ online video start-up still in stealth, Vdio is getting a leg up to launch by merging many staff with music service Rdio, paidContent learns. Spotify may not be the only online music service to enter the internet video space, if last week’s rumour turns out to be true. Stealth online TV [...]
ShareTweet White-label digital music vendor Omnifone has acquired Swedish indie online music distributor Global Media Bank, and looks set to bolt on more companies over the next year. CEO Jeff Hughes tells PaidContent the company – which powers Sony Music Unlimited, Rara and a service for BlackBerry – turned a £3.8 million EBITDA profit in [...]
ShareTweet South Africa’s government has been urged to get tough with ISPs that refuse to pay royalties and to introduce graduated-response piracy measures against freeloaders, by a report that decries a dysfunctional digital content market. A new report on digital content in South Africa has proposed the same kind of “three-strikes” penalty system being leveled [...]
ShareTweet The entertainment industry may have failed to win legislation forcing UK ISPs to block access to websites which illegally host copyrighted content, but that doesn’t mean site blocking can’t take place at all. In the High Court on Friday, five ISPs were ordered to block access to The Pirate Bay a few weeks from [...]
ShareTweet Tech giants may have their own views on what journalism should become, but some news organisations are questioning what benefits the social vision of future news can really bring at a time when they’re struggling for business survival… Lunch-stealing? “Facebook will make north of $3 billion in advertising this year,” FT.com MD Rob Grimshaw [...]
ShareTweet Spotify could take a big fifth investment to reach a $4 billion valuation, even though it doesn’t need to and doesn’t want to exit through the stock market, CEO Daniel Ek says. Here are highlights on its progress from Ek’s Friday interview with Swedish newspaper Dagens Industri: 2011 revenue grew 160 percent to SEK [...]
ShareTweet Unlimited-music service Rdio concedes it will have to fight incumbents as it prepares to launch across the whole of Europe. “There are some major competitors in Europe,” Rdio’s partnerships and internationalisation VP Scott Bagby tells paidContent. “We are a couple of years behind others in terms of expansion there.” “But Europe is an immediate [...]
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