Story of the Week
Pandora Nears Deals For On-Demand Streaming
Pandora Media Inc. is aiming to start expanding its internet-radio service as soon as next month, offering its hallmark free tier as well as two new monthly subscription options that will mark its foray into on-demand music streaming, said people familiar with the matter.
While the music industry broadly supports the new paid tiers, some record-label executives are still wary of granting Pandora permission to launch its free service in new foreign markets without the ability to control which songs they put on the free tier.
The foreign expansion could jump-start growth for Pandora, which has seen its listenership plateau in recent years at about 80 million active monthly users. Most listeners use Pandora’s free tier, with about 4 million subscribing to an ad-free version of its service, Pandora One, for $5 a month.
Top Music News Stories
Dubset Inks Deal With Sony/ATV. The Sony/ATV news comes on the heels of Dubset’s landmark rights agreement with the National Music Publishers’ Association (NMPA), giving hundreds of independent songwriters and publishers access to an emerging new royalty system.
Russian Collection Societies Break Ties Amidst Fog of Fraud. Earlier this month, several rights holders registered with RAO called for the organization’s management to be replaced and that fundamental changes to its charter be made, amidst major allegations of embezzlement.
What Is YouTube Red Paying Artists? Digital Music News claims to have been leaked an earnings statement from a “chill electronica catalog” showing the per stream and per-publisher royalty payouts for YouTube Red.
Samsung is shutting down Milk Music in September. Samsung will be shutting down Milk Music on September 22nd, urging its Galaxy and Note smartphone users to switch over to Slacker Radio, which powered the system.
Streaming Music Business Bigger Than Previously Thought. Glenn Peoples from Pandora claims “These adjusted streaming numbers are a good reminder there’s more to the streaming market than on-demand services that dominate the media’s attention.”
“Dept. of Justice’s New Decision Could Wreak Havoc on International Rights.” “When it needs fixing… don’t break it further.” Gadi Oron, the Director General of CISAC, laments the global implications of a new decision.
A Primer for the World of Music Licensing and Its Pricing. To help readers better understand this labyrinthine world, Ed Christman at Billboard put together an explainer, organized from simple to complex.
Our best wishes for a great week! – MediaNet