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I’m trying something new where I do round up at the end of the month of some interesting stories or issues that have occurred during that month in the music industry. Please let me know if you like this new feature believe in the comments below.
First, you’ll want to check out my articles for January:
In other news:
The reports are in from 2015, and the industry numbers are actually up thanks to streaming, although digital sales have dropped. Some artists, like Adele, have proven they don’t need streaming to sell records.
Although streaming has upped some numbers, the artists aren’t getting paid. Spotify was hit with two class-action lawsuits for failure to properly pay royalties. They have now just instituted a new system for tracking and paying royalties. Some accusations claim that Spotify has not properly licensed much of the music that it plays and further that Spotify apparently doesn’t know who to pay. While there are issues that sometimes arise in the industry where finding the proper rights owner can be difficult to find, the majority of rights owners are easily able to be located and paid by those who take a few minutes to look for them.
Spotify has enough money to fight these lawsuits and they’ll probably be some sort of settlement along the way, however Spotify should’ve put a system in place in the very beginning to ensure streamlined and proper payment. This seems like the beginning of a lot of legal hassle for Spotify, but if truly not paying legitimate royalty recipients, it’s a legal hassle that they deserve.
And here are some predictions for 2016. Let’s see if they come true…