Streaming Giants Form Trade Group as New Regulations Loom

Some of the nation’s biggest streaming services have banded together to form a trade group, the Streaming Innovation Alliance, that will lobby at federal and state levels for policies that support their goals. Early members include Max, Netflix, Paramount+, Peacock, The Walt Disney Company, TelevisaUnivision, ViX, BET+ and the MPA. Signing on as advisors are Washington D.C. veterans Fred Upton, who headed the House Energy and Commerce Committee, and Mignon Clyburn, once acting chair of the FCC. The creation of the trade group comes as new online regulations loom. Continue reading Streaming Giants Form Trade Group as New Regulations Loom

Cryptocurrency Industry Sets Up Washington Lobbying Group

Several cryptocurrency companies and their advocates have formed the Blockchain Association, the first-ever Washington, DC-based lobbying group to represent the fledgling industry and its investors and entrepreneurs. Among the companies behind the association are Coinbase, Circle and technology startup Protocol Labs, as well as investors Digital Currency Group and Polychain Capital. Kristin Smith, who lobbied on blockchain for Overstock.com when it began accepting bitcoin in 2014, will lead the group. Continue reading Cryptocurrency Industry Sets Up Washington Lobbying Group

Global Trade Group Proposes Universal Release Day for Albums

After several months of discussions, the International Federation of the Phonographic Industry has officially declared Fridays as the release day for all new music albums. In today’s digital era, music listeners want to have access to albums the moment they are available anywhere in the world. Rather than staggering the releases on different days in different countries, the universal release approach aims to combat piracy. There is no word yet on when this new distribution model will take effect. Continue reading Global Trade Group Proposes Universal Release Day for Albums