Royalty collections firm Audiam has a new owner, although the old one isn’t completely decoupling from its business.
Tag: Audiam
Posted inNews
Audiam founder Jeff Price out in change made by Socan
Audiam is the streaming mechanical royalties collection agency that Canadian collecting society Socan acquired in 2016, keeping its founder Jeff Price on to lead it.
Now he has left the company abruptly, with Socan’s announcement making it clear (“Socan makes Audiam leadership change”) that it was the company’s decision rather than Price’s.
COO Jeff King will take on Price’s CEO duties, with Socan’s interim CEO Jennifer Brown promising “Audiam’s business will continue without change”.
Is this change amicable? Seems not.
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Audiam founder publishes ‘definitive guide to Spotify royalties’
“When I began to write this article, I thought it would be a quick one,” writes Jeff Price, the founder of royalty-collecting firm Audiam, in the introduction to ‘The Definitive […]
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Audiam has collected $120m of royalties for clients in four years
Rights-management firm Audiam has published some new figures about its business, including the fact that it has collected more than $120m of royalties for its clients over the last four years. What’s […]
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Socan promises more transparency with ‘Layla’ royalty system
Canadian PRO Socan has launched a new royalty income and tracking system for customers of its Audiam subsidiary. Called ‘Layla’ (we’re sorry for the guitar-solo earworm you’ll be enjoying all morning now) it’s aimed at publishers and self-published songwriters.
The system promises to track who’s recording their songs, where they’re being listened to and how much they’re being streamed, the royalties being generated by those streams and – a topical feature this – which recordings *aren’t* generating payouts.
Posted inAnalysis
SOCAN and Audiam talk tech, streaming and 21st-century PROs
Last week, Canadian performance rights body SOCAN announced that it was buying digital distributor Audiam, two months after it bought B2B firm MediaNet.
It’s unusual to see a PRO acquiring a music/tech company, let alone two in quick succession. Music Ally spoke to SOCAN chief executive Eric Baptiste and Audiam boss Jeff Price to explore its strategy.
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SOCAN buys digital distributor Audiam
Canadian PRO SOCAN is on an acquisitions roll. Having bought B2B firm MediaNet in May, now it has acquired digital distributor Audiam as well.
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Spotify responds to David Lowery criticism over unpaid royalties
Yesterday, we reported on musician David Lowery’s call for the New York attorney general to investigate Spotify over unpaid songwriter royalties, following its recent dispute with Victory Records.
Now the company’s director of comms Jonathan Prince has responded, in a statement sent to Music Ally.
Posted inAnalysis, News
The companies Apple could buy to make its next digital music splash
Apple’s history of music-related acquisitions is familiar ground: SoundJam in 2000 to form the basis of iTunes; streaming service Lala in 2009; Beats Electronics (including its Beats Music service) in 2014, of course; and analytics tool Musicmetric’s parent company Semetric later that year.
So who next?
Music certainly isn’t the biggest driver of Apple’s business in 2015 – where songs once sold iPods, now it’s apps that sell iPhones and iPads. But music remains an important part of Apple’s cultural makeup, while its anticipated relaunch of Beats Music this summer could see music once again becoming a key selling point for its devices. And with deep reserves of cash to draw on, Apple could make acquisitions a part of that strategy.
With that in mind, here’s some speculation from us about the companies that might make for appealing targets for Apple.
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Audiam raises $1m in new funding round
Music rights firm Audiam has announced a new $1m funding round, with a host of music industry executives chipping in. Among the investors are Tom Windish, Cliff Burnstein, Mark Geiger […]
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Metallica and Red Hot Chili Peppers sign up for Audiam
Audiam, the new company from TuneCore founder Jeff Price, started life as a way to help artists make more money from YouTube, but has since expanded into collecting royalties from […]
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TuneCore paid out $33.2m to artists in the second quarter of 2014
Digital distributor TuneCore has revealed its latest quarterly figures, including a payout of $33.2m to its artist customers in Q2 this year. That’s up 18.4% year-on-year, taking the company to […]