Will Books Follow Music and Video with Subscription Model?

The concept of “literary Netflixes” has been gaining momentum in the past few months. Oyster, a book subscription service that launched four months ago, recently raised $14 million to expand. Many members of the publishing industry are cautious about adopting a subscription model for e-books because they believe it could cannibalize sales and devalue books. However, Oyster notes that despite the apprehension, it has been signing publishers and already has a library of more than 100,000 titles. Continue reading Will Books Follow Music and Video with Subscription Model?

Facebook Leads Social Platforms in Driving Referral Traffic

According to Facebook, referral traffic from the social network to news and publishing sites has increased by more than 170 percent in a year’s time. This number is just an average, for the percentage is greater for certain sites. Partners including Time, BuzzFeed and BleacherReport have experienced significant increases. Numbers released by social Web tracker SimpleReach indicate that Facebook drives more traffic than any other social platform. Continue reading Facebook Leads Social Platforms in Driving Referral Traffic

Report: LSE Recommends More Collaborative Digital Culture

The London School of Economics and Political Science (LSE) has released its “LSE Media Policy Project Brief” as a policy analysis of the digital media industry. It counters claims that media industries’ revenues are in overall decline, points to successful new businesses that are based on sharing, and questions copyright enforcement efforts. The brief also makes recommendations that the British government should halt the Digital Economy Act of 2010. Continue reading Report: LSE Recommends More Collaborative Digital Culture

BitTorrent Targets Music Scene with P2P Publishing Platform

BitTorrent is teaming with DIY service provider Topspin Media, Web video production company The Collective, emerging music magazine The FADER, and digital distribution specialist Cinedigm to launch its publishing platform, BitTorrent Bundles. The company is hoping that its P2P-based direct publishing platform will appeal to musical artists and other creatives and has convinced performers including Madonna to distribute free content through its software. Continue reading BitTorrent Targets Music Scene with P2P Publishing Platform

Federal Court Rules Pandora Can License Music for Streaming

Pandora Media, provider of streaming online music, won a legal victory on Tuesday in its ongoing battle with the music industry involving licensing and royalties. A federal court ruled that the American Society of Composers, Authors and Publishers cannot stop Pandora from licensing all the music in their catalog. The service’s attempts to reduce its costs have made it a target in the music industry, but the larger effect of the ruling remains unclear. Continue reading Federal Court Rules Pandora Can License Music for Streaming

New Getty Policy Allows Everyone to Access Digital Images

The Getty Museum announced that its former policy banning access to digital images has been amended. Digital images are now available for free on the Getty website for anyone who is interested. Previously, the Getty granted access to an image for a fee and with special terms and conditions. While the Getty still asks for the reason an individual is requesting an image, the process of obtaining a digital image is now made simple for everyone. Continue reading New Getty Policy Allows Everyone to Access Digital Images

Writers Profit as Their Comic Books Become Shows and Films

Some comic book publishers are now offering writers a greater share of revenue from comics that end up on the screen. This contrasts to larger comic book publishers that are typically the major beneficiary of published content. Some small publishers have been the source for film and TV studios creating new projects, such as “The Walking Dead” series and the film “2 Guns.” Both were comics, and both are sharing returns with the original creators. Continue reading Writers Profit as Their Comic Books Become Shows and Films

Federal Judge Rules that Apple Colluded on E-Book Pricing

A federal judge in Manhattan ruled yesterday that Apple colluded with five U.S. publishers in 2010 to drive up the prices of e-books. The decision threatens to limit Apple’s options when negotiating future content deals and potentially exposes the company to additional investigation of its other business practices. The decision to go to trial was considered a significant risk for Apple since the publishers, after denying any wrongdoing, had already settled similar charges. Continue reading Federal Judge Rules that Apple Colluded on E-Book Pricing

In the Wake of Heavy Losses, Future of Nook is Uncertain

Barnes & Noble announced this week that it will stop producing its own color tablet e-reader, the Nook, in favor of third party, co-branded devices. The company’s decision may reflect a trend in the decline of dedicated e-readers competing with the growing popularity of tablet devices. Consumers are looking to tablets, which have more features and apps available, including e-reader capability, compared to standalone e-readers. Continue reading In the Wake of Heavy Losses, Future of Nook is Uncertain

LinkedIn Turns to Influencers to Enhance Publishing Efforts

Social media platform LinkedIn has been making the transition from a utilitarian network designed for business professionals to something much more dynamic. Since October, LinkedIn has been offering original content authored by a select group of “Influencers,” leaders from a variety of fields that post their thoughts on life, careers and success. Traffic to all LinkedIn’s news products has increased eightfold since the Influencers were introduced. Continue reading LinkedIn Turns to Influencers to Enhance Publishing Efforts

Music Publishing Turmoil: BMI Files Lawsuit Against Pandora

Music licensing giant Broadcast Music Inc. filed a suit yesterday against online music service Pandora at the U.S. Southern District Federal Court in New York. BMI has ended negotiations for publishing rates and is now seeking a determination of rates for a blanket license that covers all music streamed on Pandora. The filing follows Pandora’s controversial attempt to pay lower publishing rates by acquiring a South Dakota terrestrial radio station, in order to become eligible for the blanket license fee. Continue reading Music Publishing Turmoil: BMI Files Lawsuit Against Pandora

Fleetwood Mac and Clear Channel Agree on Revenue-Sharing

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

Apple Inks Deal with Warner Music: Preps Streaming Service

Insiders suggest Apple is closer to launching its anticipated streaming music service for iTunes. Over the weekend, the company agreed to a licensing deal with Warner Music Group for rights to its recorded music and music publishing. According to people familiar with the matter, Apple is offering Warner’s publishing arm 10 percent of ad revenue, which is more than twice what Pandora currently pays major music publishers. Continue reading Apple Inks Deal with Warner Music: Preps Streaming Service

News Corp. to Launch Social Network for Wall Street Journal

News Corp. is planning a social networking expansion of its Wall Street Journal website, which will transform the site into a platform intended for more than simply delivering news. Lex Fenwick, CEO of Dow Jones, described the company’s plans during an investor day earlier this week. The focal point of the platform is a feature called WSJ Profile, which allows users to post what is essentially a digital resume and features social functions that could compete with LinkedIn. Continue reading News Corp. to Launch Social Network for Wall Street Journal

New Milestone: 100,000 Projects Crowdfunded via Kickstarter

Kickstarter announced yesterday that the crowdfunding service has reached a new milestone by launching more than 100,000 projects. Nearly 44 percent of the projects have been successfully funded by a total of $535 million. The top categories for launched projects include Film & Video, Music, Publishing, Art and Games. If its current funding rate continues, the service could raise its first billion as early as sometime this year. Continue reading New Milestone: 100,000 Projects Crowdfunded via Kickstarter