Clear Channel, which owns the iHeartRadio online music service and about 800 radio stations, announced this week that it will pay Fleetwood Mac a percentage of radio-advertising revenue in exchange for playing the band’s newest music via online services. As Internet radio and subscription services impact the music business, Clear Channel has initiated deals with labels for digital use of music in exchange for a share of airplay revenue. Fleetwood Mac is the first to close such a deal directly. Continue reading Fleetwood Mac and Clear Channel Agree on Revenue-Sharing

Last week, filmmaker Steven Soderbergh dissected the business of making movies when he spoke on the current state of cinema at the San Francisco International Film Festival. Soderbergh, who has achieved success in both the Hollywood system and the independent arena, spoke at length about the challenges faced by today’s artists to get their movies screened in theaters. Based on unprecedented demand, Soderbergh gave The San Francisco Film Society permission to post his keynote video and transcript in its entirety. Continue reading Soderbergh Distinguishes Between Cinema and Movies

Twitter launched a standalone music app this weekend for a handful of “influencers.” The app, expected to be publicly available in a week, uses technology from music discovery site “We Are Hunted.” The Australian startup has been working with the social media giant to create an app called “Twitter Music,” which suggests music based on which accounts a user follows, and offers new tracks from favorite artists and up-and-coming musicians. Continue reading Twitter Music: New App Powered by We Are Hunted Site

New York-based startup 29th Street Publishing wants to make it easier for freelance writers and independent editors to publish in a digital world. The company helps develop and maintain iOS apps for serialized content and, in the process, just may help revolutionize magazine publishing. 29th Street already builds apps for about 20 publications, some of which are established names and others that are brand new. Continue reading NYC Startup Looks to Revolutionize Magazine Publishing