|
Original article by Nina Ulloa Thursday, April 24, 2014 http://www.digitalmusicnews.com/permalink/2014/04/24/itunes800m  Here’s some good news for Apple…
In the latest earnings call, CEO Tim Cook announced that Apple has nearly 800 million iTunes accounts. In June of 2013, iTunes had about 575 million accounts. That’s a growth rate of roughly 40 percent in one year on a very mature product. However, iTunes doesn’t let users merge old accounts with current ones. Cook didn’t say how many of these accounts are actually active. Tim Cook did point out that most of these 800 million accounts have credit card information attached, which is both impressive and frightening. After the call, Apple stock elevated more than 8 percent in after-hours trading. When Nina Ulloa isn’t writing for DMN she’s usually reviewing music or at a show. Follow her on Twitter.
1 Comment
Original article by Nina Ulloa Thursday, April 24, 2014 http://www.digitalmusicnews.com/permalink/2014/04/24/dropboxsc  You may have noticed that SoundCloud has removed
their dropbox feature. This enabled anyone with a SoundCloud account to accept track submissions and also allowed users to submit tracks to their favorite artists and labels. Here’s SoundCloud’s reasoning for removing the feature: “We are disabling this feature because it was broken — meaning that private shares were not being sent to everyone properly, and private tracks were often getting lost or not appearing in the Stream. We also got a lot of feedback from our community about people abusing this feature, and sending tracks to people who were not interested in receiving them. This placed tracks on Streams that could not be removed and caused a lot of confusion.” Labels like Diplo’s Mad Decent used to accept tracks through the SoundCloud dropbox. Mad Decent has since switched to e-mail submissions. Accepting e-mail submissions is a lot less convenient, so what should you do? One option is to accept tracks in a message. This option is ideal for sharing private tracks between users. Messaging fills up the inbox and leads to a lot of annoying notifications, so if you want to accept a large amount of tracks via SoundCloud you should probably try something else. Original article Thursday, April 10, 2014 by Ari Herstand http://www.digitalmusicnews.com/permalink/2014/04/10/amazons-streaming-contract-entirely-unacceptable  After speaking with the president of one of the
largest independent publishing companies in the world, who has 20+ years of experience in the field (who wants to remain anonymous because of NDA agreements), his takeaway from Amazon’s Music Publishing Rights Agreement was “this is entirely unacceptable.” Digital Music News published the contract in full earlier this week. This publisher who I spoke to, let’s call him Joe Pub, explained that Amazon is trying to bypass Section 115 of the US Copyright Act and define its own royalty rates. Amazon is trying to bypass US Copyright law and define its own royalty rates Section 115 of the US Copyright Act is the rate, set by the government, that defines the mechanical royalty rates. Most people know that the statutory mechanical royalty rate is currently 9.1 cents per download or physical “phonorecord” under 5 minutes (and then 1.75 cents per minute thereafter), but few know what the rate is per stream. That’s because the streaming rate is based upon the streaming service’s number of subscribers and users. More subscribers to the service equals higher mechanical royalty rates. For the record, Spotify, Beats and the other streaming services all follow Section 115 of the US Copyright Act and follow the defined mechanical royalty rates. You can read what the (government-set) streaming mechanical royalty rates are here. Once a publisher signs off on this agreement, Amazon can set their own rates AND CHANGE THEM AT ANY TIME without renegotiating with the publisher. Amazon is trying to pull an iTunes-esque user agreement with publishing rights. Big no no. Joe Pub told me that he has been staring at the contract on his desk for the past two weeks “grumbling about it.” He doesn’t think any of his other independent publisher friends are going to sign this either. Amazon also included a clause that forbids the publisher from removing their songs from Amazon if they keep them up on any of the other streaming services (like Spotify, Google Play or Beats). Meaning, Amazon could say “actually remember that 21% we promised you for mechanical royalties – naw we meant 2.1%. Take it or leave it! But if you leave, you MUST leave ALL the other streaming services as well. Or we’ll sue you.” If a publisher removes their catalog from Amazon, but leaves it up on the other streaming services, Amazon could theoretically sue this publisher for as much as they want. BUT the publisher may only sue Amazon for a maximum of $50,000. Yup! Amazon snuck in a Limitation of Liability clause of $50,000. And from what I hear, the distribution/label agreement is just as shady. Don’t expect Amazon to launch their streaming service any time soon. And if they do, it most likely will not contain the catalogs of most independent publishers, labels and artists. Thanks, but no thanks, Amazon. |
MISSION The purpose of the CREATE.Digital Blog is to provide an interactive knowledgebase & promotional platform focused on quality not quantity. AUTHORS
Contributors to the CREATE.Digital Music Blog will include internal staff & a variety of professional, qualified, opinionated, diverse, & experienced guests. ARCHIVES
November 2024
CATEGORIES
All
DISCLAIMERPLEASE READ
All the contents of the CREATE.Digital Blog, except for comments, constitute personal opinions. Blog content may contain inaccuracies or errors, and discretion should be exercised in the use information obtained from the blog. Blog content is provided for informational purposes only and is not a substitute for advice from qualified professionals. All blog content comes without warranties, representations, or guarantees of any kind. You agree that any use you make of blog content is at your own risk. You also agree that CREATE.Digital Music is not responsible for any losses resulting from your reliance on any blog content. We also reserve the right to revise any and all content on the blog at any time. If you report offensive or inappropriate comments to CREATE.Digital Music, We will generally investigate and remove comments if required. All blog content, including all information, text, graphics, photos, images, logos, and site design, is our intellectual property, and is protected by copyright and applicable intellectual property law. |
RSS Feed
