And they didn’t mince around what was happening across the country. “I know perfectly well I could go out and buy a CD and put it on my iPod,” said Justice David Souter. “But I also know perfectly well that if I can get the music on the iPod without buying the CD, that’s what I’m going to do.” If that was the case, and the RIAA got its way,... See more
A month earlier, according to Music Business Worldwide, UMG acquired the remaining 51% of PIAS, Europe’s largest independent music company. These acquisitions illustrate Universal’s recognition that this is where the revenue growth in the music industry is happening.
This occurs across a competitive backdrop in the industry that has seen increased M&A activity, be that major labels acquiring indie labels and distributors, or catalogue acquisition. Heritage rights retain a premium, and market share is being bought, arguably, at the cost of investment in new, innovative music. Independent labels talk of it... See more
Streaming sites have thus transformed into enterprises whose business is not limited to the sale of music-related services, but relies increasingly upon the collection, aggregation, and exchange of user data. A key issue this article pursues concerns the changing status of music within the commercial strategies of online streaming. While previous... See more
While changes to a market are expected as it evolves, the interconnectedness of music streaming means that impacts are felt throughout the entire ecosystem. This is to say that there is a responsibility for all parties concerned to transparently engage in wider consultation before such impactful decisions are made. There is a shared responsibility... See more
New technologies may be disruptive to the existing population of working musicians, but even more irresistible to the general public than new technology are new forms of music, which may introduce new classes of musicians who don’t fit neatly into the existing professional categories. Take the rise of rock and roll.