Find Me On:
This looks OK but it’s hardly groundbreaking. For streaming indie music that’s programmed by an actual person (me!) please allow me to shamelessly plug Future Perfect Radio on AccuRadio.com. http://bit.ly/FuturePerfectRadio
Here’s the other problem. Google has negotiated royalty deals directly with the labels. Now, the standard royalty agreement that most streaming services operate under guarantees and 50/50 split between artists and labels, but when a company makes their own deals with the labels, as opposed to using the standard license, the labels are not bound by that 50/50 split, meaning the labels will probably make a few more cents by giving less to the artists. (I should add that I’m not sure which model Spotify is working under, so it could be doing the same thing.)
Fergie AND Goonrock on the same track? With Q-Tip? Funky.
PARTS & LABOR!
Japandroids – Celebration Rock
This is an interesting article which makes some very valid points, especially in regard to the effect piracy has the market, but in my opinion the criticism of Wyden’s bill is a little short-sighted. The Internet Radio Fairness Act is trying to change the royalties paid to artists from a flat rate to a percentage of the streaming service’s revenue. Not only does this mean that these streaming services are less likely to go out of business, but it also means that the more successful they are, the more money artists get paid.
The comparison to think of here isn’t digital downloads, it’s “traditional” radio. When an artist gets played on terrestrial radio, they get nothing, when they are played on Pandora, they might get a tiny, tiny royalty, but that’s still more than radio airplay would provide. If royalty rates continue at the current rate, streaming services WILL die off, making piracy a more attractive alternative to many. With the passage of the IRFA, Pandora, Spotify, I Heart Radio and the like will be able to stay in business and provide a revenue stream to the artists where there wasn’t one before. Even though streaming music has been around for nearly a decade now, it is still a market in it’s infancy. This is a revenue stream that is only going to grow and expand. They payoff might be small now, and even for years to come, but the IFRA would give both the streaming services and the artists a chance to grow their market share and profits.