YouTube Signs Agreement With Universal, Sony Music Labels

After two years of negotiations, YouTube is finally inking a long-term pact with Universal Music Group and Sony Music Entertainment, the top two music labels. The new agreement, say the labels, establishes royalty rates for rights holders of professional music videos and user-loaded clips, offers stronger policing of uploads of copyrighted songs, and gives artists more money and flexibility. The deal is also a precursor to YouTube launching a paid music service early in 2018. Continue reading YouTube Signs Agreement With Universal, Sony Music Labels

Spotify Signs New Universal and Merlin Deals, Preps for IPO

Spotify will pay music labels more than $2 billion in minimum payments over the next two years. The company’s revenue has grown more than 50 percent, to $3.3 billion last year, so the big deals are a means to keep growing. Sources say the company has inked two deals recently, with Universal Music Group, the world’s biggest music label, accounting for one-third of the market, and Merlin, which represents a group of independent labels. The Wall Street Journal previously reported that Spotify plans to go public this year. Continue reading Spotify Signs New Universal and Merlin Deals, Preps for IPO

Snapchat’s Strategy Behind Rebuffing Influencers, Celebrities

Many social networks have thrived on creating relationships with celebrities and influencers, but Snapchat prefers to treat them like ordinary users — so much so that its terms of service prohibit users from getting paid to post. The aim is to provide users a more authentic, less product-promoting experience. It’s also Snapchat’s strategy for differentiating its platform, thus better attracting advertisers that prefer the credibility of an “authentic experience” to influencer endorsements of products. Continue reading Snapchat’s Strategy Behind Rebuffing Influencers, Celebrities

Pandora Ends Long Fight with ASCAP, BMI Over Royalty Rates

Pandora Media has ended its ongoing legal battles with the American Society of Composers, Authors and Publishers (ASCAP) and Broadcast Music Inc. (BMI) over royalty rights, without disclosing the details of their new licensing agreement. Pandora previously licensed both performing-rights group’s catalogs based on rates that had been determined by the U.S. District Court in Manhattan that sets music royalty fees when the parties can’t agree. ASCAP and BMI currently represent a combined collection of 20 million songs. Continue reading Pandora Ends Long Fight with ASCAP, BMI Over Royalty Rates

Ruling Against FilmOn Shows Aereo Issues Are Not Resolved

FilmOn just lost its latest court case, with U.S. District Judge Rosemary Collyer’s ruling that the company is not a cable system, denying it the statutory license cable companies receive. Collyer’s ruling comes as good news to the coalition of TV and movie companies — including ABC, CBS, NBC, Fox and Telemundo — that sued FilmOn in 2013. The new ruling goes against the July ruling from a Los Angeles Federal judge that went in favor of FilmOn, and also revives many of the same questions behind the Aereo ruling. Continue reading Ruling Against FilmOn Shows Aereo Issues Are Not Resolved