Last weekend, our man Alex Maiolo was at Pitchfork Music Festival in Chicago for three days of skinny jeans, warm beer and music. But it wasn’t all R&R: Alex was there to talk to musicians and managers about FMC’s Health Insurance Navigation Tool (HINT). From July 16-18, Alex was there hepping the hepcats to their health insurance options and how the new health care reforms might impact musicians. If you were there, we hope you got to say hello!
Here’s some more of what’s been happening in the wide world of music-tech-policy-law… read more
Here at FMC, we’re all about helping artists get a leg up on their careers. But with so many aspects of the music biz in flux, it’s tough to know where to start. Our friends at SoundExchange — the nonprofit that collects and distributes digital performance royalties to artists and labels — have come up with a handy checklist will help you on your way.
One company that measures such stats says definitely.
While it may not seem like much of a surprise that web radio plays more artists than traditional broadcasters, new data supplied by streamSerf — a company that monitors and reports on music played on terrestrial and web radio — highlights a pretty big disparity. According to the company, last month American broadcast radio stations played 25,399 unique artists (this includes public radio stations) while Internet radio stations played 829,971 unique artists. We're no mathematicians, but apparently that's 32 times as much. read more
Back in September 2008, we told you about the passing of the Webcaster Settlement Act, which allowed for the implementation of an agreement between copyright owners, performers and online broadcasters on webcasting royalty rates — provided they arrive at mutually-agreed-upon rates by February 15, 2009. read more
SoundExchange collects and distributes the digital public performance royalty, which means performers and labels get paid for digital plays of their music. In 1995, Congress passed Digital Performance Right in Sound Recordings Act, which granted a performance right for the digital transmission of sound recordings. Previously, US copyright law contained no provisions for performance right in sound recordings. SoundExchange is the designated non-profit organization that collects the license fees and distributes royalties to those whose recordings were played digitally. Payees include the performer, non-featured artists and the sound recording copyright owner (most often, a label). read more
There’s no doubt that the emergence of peer-to-peer file sharing, music blogs and portable media players just a few short years ago launched a digital music revolution. Yet as incredible as carrying around tens of thousands of songs in your pocket is, selling songs via the PC is not likely to be a permanent music business model. What‘s next for the iPod and its brethren? A quick look at the devices currently on the market points to a wireless future. Apple’s high-end iPod Touch and it’s closest competitors, the SanDisk Sansa and Microsoft Zune, all have the ability to acquire music wirelessly — via either an online store or wireless file sharing.
Study: Consumers Prefer DRM-Free Tracks
A survey conducted by law firm Olswang Entertainment and Media Research of over 300,000 UK music fans reveals that DRM-free music is preferred by consumers, as well as a willingness to pay more for DRM-free tracks. By Anthony Bruno, Billboard.biz, August 6, 2007read more
The Cold War between SoundExchange and webcasters over the new royalty rates is thawing — at least in part. SoundExchange announced yesterday it had reached a compromise with some large webcasters that will give them a break on the rates set by the Copyright Royalty Board back in March.
The CRB had required webcasters to pay a minimum $500 “per station per channel” fee with no cap. This would add up to a hefty chunk of change for webcasters (such as Pandora) that allow each listener to create a persona web channel. Under the terms of the compromise, each webcasters’ royalty rates will be capped at $50,000 regardless of the number of stations or channels. read more