Tag: digital royalties

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More details emerge on Sony’s ‘Spotify windfall’ for artists

We know from Sony Music’s recent financial results that the label group generated around $768m from the sale of some of its Spotify shares earlier this year. Now we’re finding out more about how the major label is distributing...
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Royalty Exchange launches valuation app for songwriters

Zillow is the website whose features start with providing an estimate for the value of your house, to help you gauge whether to sell or rent it out (which the site can also help with). Now music firm Royalty Exchange has launched...
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David Crosby promises ‘real numbers’ on streaming royalties

Artist and songwriter David Crosby, of Byrds fame, is the latest creator to call out music-streaming royalties. In a tweet reading simply “Real numbers” Crosby published a table of his recent per-stream earnings. The...
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SoundExchange payouts grew by 17.5% year-on-year in Q2

US company SoundExchange has published its latest quarterly figures, and they show strong growth in its payouts to artists and labels. The company paid out $208.7m in the second quarter of this year, up 17.5% year-on-year. That...
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Royalty Exchange debuts ‘Private Syndicates’ with Cage the Elephant

US firm Royalty Exchange has acquired a co-publishing share in the first four studio albums of rock band Cage the Elephant, for an undisclosed amount. The catalogue will be one of the guinea pigs for a new initiative called...
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Universal Music targets monthly accounting to artists

Universal Music Group’s head of royalties Cindy Oliver has been talking about the major label’s moves towards accounting to artists on a monthly, rather than a quarterly or semi-annual basis. This is based on the label...
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South Korea gets new system for distributing streaming revenues

There are changes afoot in the way streaming revenues in South Korea are divided up between the streaming platforms and rightsholders (and thus musicians). From next year, rightsholders will get a 65% share of the streaming...
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Study: Spotify Today’s Top Hits placement ‘worth up to $163k’

The latest study of Spotify claims that placement on the streaming service’s Today’s Top Hits playlist can be worth between $116k and $163k to an artist. The study was carried out by Luis Aguiar and Joel Waldfogel of...
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Socan collected $352m to songwriters and publishers in 2017

Canadian collecting society Socan is the latest industry entity to reveal encouraging growth in 2017. It collected $352m in royalties for songwriters, composers and publishers last year, up 8% year-on-year which thus reflects...
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MMF praises Sony over its Spotify equity split plans

Last week you will have read about Sony’s plans to split its windfall from its sale of part of its Spotify stock and how the company was keen to be seen to be doing the right thing as regards the artists on its books. The...
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Should Spotify windfall lead majors to cancel unrecouped debts for legacy artists?

Musician Tom Gray of British band Gomez – currently firing up crowds on the 20th anniversary tour celebrating their 'Bring It On' album – has an idea for major labels about how to follow up their windfalls from Spotify's...
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Exactuals software will match recordings and publishing data

From collecting-society supergroups to blockchain startups, plenty of people are working on the historically-tricky challenge of matching data for music recordings to the songs that they feature. Now you can add one more...