Streaming is awful for the environment–uses vast quantities of energy requiring huge data centers. So how can any streamer pass the E test in ESG?
We’re starting to see a narrative emerging from the digital music services in reaction to artists chafing under the misery of streaming royalties. Streamers want lawmakers to focus attention on the allocation of current period revenue that they pay to creators and deflect attention from the company’s stock market valuation (or private company valuation). That’s […]
The Spitting Image of the Modern Major General MTP readers may remember the name Christopher Sprigman. Most recently, we have identified him as a counsel to Spotify in the “Nashville cases” brought against his firm’s client Spotify by four plaintiffs represented by well-known and successful artist rights attorney Richard Busch. These were cases brought […]
David Poe’s guest post drills down on the economic reality of streaming inspired by Spotify’s “Dance Like Nobody’s Paying” ad campaign promoting freebie subscriptions.
Why would Spotify’s executives want to get their hands dirty and “start a label”? More likely they would adopt the “No Records” model.
Hyper-efficient market share distributions are already causing some artists to like cutting the cord with big services–the only question is how to get their core fans to follow them.
Spotify has actively steered its listeners away from the album as a format and toward playlists. This serves Spotify’s interests: a music culture dependent on playlists is dependent on Spotify, whereas a music culture dependent on albums is dependent on record labels.
According to Music Business Worldwide, Universal has committed to sharing profits from the sale of Spotify stock. The exact quote is: “CONSISTENT WITH UMG’S APPROACH TO ARTIST COMPENSATION, ARTISTS WOULD SHARE IN THE PROCEEDS OF A [SPOTIFY] EQUITY SALE.” Sources close to Vivendi-owned UMG suggest it may have been corporately restricted from making a hypothetical […]
In a curious twist, Eriq Gardner reports that the controversial Music Modernization Act has already prompted the inevitible litigation from a publisher seeking to beat the bill’s new safe harbor deadline applicable to lawsuits filed after January 1, 2018. Wixen Pubilshing filed the new lawsuit on December 29, 2017, two years to the day after David Lowery filed the first class action against Spotify, but before the Music Modernization Act legislation is even available on thomas.gov.
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