http://www.musictank.co.uk/news basesyndication http://www.musictank.co.uk/logo.png http://www.musictank.co.uk/news http://www.musicbusinessworldwide.com/mind-the-gap-artists-centre/?utm_source=Members&utm_campaign=9b24c21638-FAC_Newsletter_18_12_1512_18_2015&utm_medium=email&utm_term=0_cbebd569fd-9b24c21638-41096441&mc_cid=9b24c21638&mc_eid=61dd877380 http://www.musicbusinessworldwide.com/mind-the-gap-artists-centre/?utm_source=Members&utm_campaign=9b24c21638-FAC_Newsletter_18_12_1512_18_2015&utm_medium=email&utm_term=0_cbebd569fd-9b24c21638-41096441&mc_cid=9b24c21638&mc_eid=61dd877380 As artists, we appear to be at the wrong end of the value chain. Our IP is used to build vast corporations, but what do we get in return? This Value Gap is a crucial issue for us, and it is reassuring that it is at last a much discussed topic in the music industry and in Brussels alike. MusicTank Paul Pacifico value gap artists Fri, 22 Jan 2016 12:27:05 +0000 http://www.musicbusinessworldwide.com/the-music-business-failed-to-dent-youtubes-power-in-2015-what-now/ http://www.musicbusinessworldwide.com/the-music-business-failed-to-dent-youtubes-power-in-2015-what-now/ The music industry is doing its best to stand up to YouTube. Last year, major labels including Sony and Universal started actively snubbing Google’s video platform with new release assets, including One Direction’s Drag Me Down. This was the record industry’s first real non-legislative stab at curbing a deeply troubling industry trend – the so-called ‘value gap’. But Iin 2016, the music business’s quest to restrict YouTube’s dominance of ‘free’ music looks like a bigger challenge than ever before. MusicTank YouTube free content free value gap Fri, 22 Jan 2016 11:23:42 +0000 http://www.billboard.com/biz/articles/news/legal-and-management/6836592/dc-to-re-examine-safe-harbor-and-two-royalty-rates http://www.billboard.com/biz/articles/news/legal-and-management/6836592/dc-to-re-examine-safe-harbor-and-two-royalty-rates The music industry has barely caught its breath from its latest episode in Washington D.C and two new issues, both of great importance, have already appeared on the horizon: an upcoming public study of the Digital Millennial Copyright Act's "safe harbor" provisions by the U.S. Copyright Office and the announcement by the Copyright Royalty Board of rate proceedings that will determine mechanical publishing royalties and, on the recorded music side, performance rates for satellite and cable radio from 2018 through 2022. MusicTank Safe Harbour legislation DMCA safe harbour Copyright Control Board Tue, 12 Jan 2016 18:15:27 +0000 http://musicnorway.no/2016/01/11/the-norwegian-music-industry-was-worth-395-500-000-in-2014/ http://musicnorway.no/2016/01/11/the-norwegian-music-industry-was-worth-395-500-000-in-2014/ The report “Music in Numbers 2014” (Musikk i tall 2014), estimates the value of Norway’s music industry in 2014. The report shows that the Norwegian industry had a turnover of $395M in 2014. Down two percent from 2013, but a seven percent increase compared to 2012. Streaming accounted for 77% of music sales in 2014. MusicTank Norwegian Music Industry valuation value Tue, 12 Jan 2016 18:08:26 +0000 http://www.billboard.com/biz/articles/6836551/soundcloud-confirms-receipt-of-debt-funding http://www.billboard.com/biz/articles/6836551/soundcloud-confirms-receipt-of-debt-funding SoundCloud has confirmed that the company secured a line of credit with "alternative investment management firm" Tennenbaum Capital Partners early in 2015. While the company didn't give specifics on the size of the investment, Swedish news outlet Di Digital reports the figure at $32 million, with an option for another payment double that of the original. MusicTank streaming investment SoundCloud Tennenbaum Capital Partners Tue, 12 Jan 2016 18:04:50 +0000 http://nypost.com/2016/01/11/universal-set-to-finalize-soundcloud-streaming-deal/ http://nypost.com/2016/01/11/universal-set-to-finalize-soundcloud-streaming-deal/ Universal Music Group is set to make a long-awaited deal to license its music to SoundCloud. An endorsement from Universal Music Group, led by Lucian Grainge, is believed to be imminent and would put SoundCloud into the big leagues of music streamers, alongside Spotify, Apple Music and YouTube, and give it some financial stability. MusicTank Universal Music Group streaming services SoundCloud Tue, 12 Jan 2016 17:56:22 +0000 http://www.musicbusinessworldwide.com/spotify-has-at-least-25m-subscribers-around-the-world/ http://www.musicbusinessworldwide.com/spotify-has-at-least-25m-subscribers-around-the-world/ Spotify’s fastest ever subscriber growth previously took place in the first six months of 2015, when it grew by 5m people. MusicTank Spotify subscription service subscribers Mon, 11 Jan 2016 15:28:53 +0000 http://www.musicbusinessworldwide.com/apple-music-surpasses-10m-subscribers-7-months-after-launch/ http://www.musicbusinessworldwide.com/apple-music-surpasses-10m-subscribers-7-months-after-launch/ Apple Music now boasts more than 10m paying subscribers. The Spotify rival only launched just under seven months ago, on June 30 last year. In contrast, Spotify – which launched as a Swedish startup in 2008 – took six years to reach 10m paying subs, in May 2014. MusicTank Spotify Apple Music subscribers subscription Mon, 11 Jan 2016 15:06:52 +0000 https://torrentfreak.com/copyright-industry-rhetoric-ignores-the-existence-of-linux-and-wikipedia-011016/ https://torrentfreak.com/copyright-industry-rhetoric-ignores-the-existence-of-linux-and-wikipedia-011016/ The ever-repeated parrot statement from the copyright industry is that "authors must be paid". This ignores the existence of Wikipedia and about three billion smartphones, and is therefore simply false. MusicTank copyright Mon, 11 Jan 2016 14:55:24 +0000 http://www.musicbusinessworldwide.com/spotify-hit-with-second-songwriter-lawsuit-in-the-us/ http://www.musicbusinessworldwide.com/spotify-hit-with-second-songwriter-lawsuit-in-the-us/ US songwriter and publishing company owner Melissa Ferrick filed her class action complaint in the US District Court in Los Angeles (Friday (January 8). Like Dave Lowery, Ferrick is claiming damages for Spotify’s alleged “wholesale copyright infringement” on behalf of all songwriters whose musical compositions were “reproduced and distributed without a license during the last three years”. MusicTank Spotify Dave Lowery Melissa Ferrick damages copyright infringement lawsuit Mon, 11 Jan 2016 14:38:35 +0000 http://www.theguardian.com/culture/2016/jan/09/uk-global-arts-race-music-tv http://www.theguardian.com/culture/2016/jan/09/uk-global-arts-race-music-tv From pop music to TV, Britain’s cultural standing is in jeopardy as rivals get creative, report warns MusicTank creative industries culture BOP creative economy Mon, 11 Jan 2016 14:35:13 +0000 http://www.theguardian.com/business/2016/jan/08/cds-dvds-and-games-come-to-the-rescue-of-uk-retail-adele http://www.theguardian.com/business/2016/jan/08/cds-dvds-and-games-come-to-the-rescue-of-uk-retail-adele Sales of music, film, TV series, and gaming products grew by 5.6% year on year to £6.1bn, smashing previous record set in 2004. MusicTank music sales retail music retail entertainment Mon, 11 Jan 2016 14:15:07 +0000 http://www.billboard.com/biz/articles/news/digital-and-mobile/6836131/ces-2016-youtube-leader-robert-kyncl-invites-scooter http://www.billboard.com/biz/articles/news/digital-and-mobile/6836131/ces-2016-youtube-leader-robert-kyncl-invites-scooter The launch of the YouTube Music app in November is one of the key reasons digital video will “win the decade,” Robert Kyncl, YouTube's Chief Business Officer, said at CES. “Video is more important to music than ever. More than half of teenagers use us as the main way to find and listen to music.” MusicTank Robert Klyncl music video YouTube Mon, 11 Jan 2016 14:11:10 +0000 http://www.themediabriefing.com/article/peak-content-the-collapse-of-the-attention-economy http://www.themediabriefing.com/article/peak-content-the-collapse-of-the-attention-economy For a long time, we’ve been creating too much content, so much so that I think that we’ve already reached Peak Content, the point at which this glut of things to read, watch and listen to becomes completely unsustainable. There hasn’t been enough ad revenue to sustain it for years and, with 2015 ending with a rush of acquisitions, consolidations and funding rounds with eye-watering valuations, 2016 will mark the beginning of a shake out. MusicTank attention economy Mon, 11 Jan 2016 14:06:44 +0000 https://musicindustryblog.wordpress.com/2016/01/08/the-labels-still-dont-get-youtube-and-its-costing-them/ https://musicindustryblog.wordpress.com/2016/01/08/the-labels-still-dont-get-youtube-and-its-costing-them/ Right now record labels are using YouTube like school kids use Instagram, obsessing with vanity metrics such as views rather than thinking more deeply about how to build lasting relationships with YouTube audiences. MusicTank YouTubers video blog video streaming labels YouTube Martijn Tjho fanbase streaming audience Mark Mulligan video vlogs record labels Fri, 08 Jan 2016 15:33:48 +0000