Using a loophole Spotify has reclassified all their subscription music offerings into “bundles.” TRANSLATION: tens of millions in lower annual payments to songwriters...the worst possible show of disrespect to the creators who make them billions
CANCEL YOUR SUBSCRIPTIONS!

Hey David Israelite

You never played for us, but you're still family. The game is going to miss you Jason Kelce ❤️

Congratulations on a legendary career!

musically.com/2024/03/04/nmp…

ICYMI David Israelite 's AIMP speech

He revealed that the NMPA TikTok license is up for renewal in April. if they were to walk away like UMG, this could have a widespread effect on indie pubs that use the license. (Ofc they could also license directly)
billboard.com/business/publi…

Songwriters, publishers must be paid late fees, U.S. Copyright Office confirms, NMPA responds - Hypebot hypebot.com/hypebot/2023/0…

Finally. After 5 years, 7 months, and 10 days, songwriters and music publishers have “final” rates for the period of 2018-2022. Now, digital music companies have 6 months to pay the hundreds of millions of dollars owed.

Good news and a welcome (and overdue) development. Because songwriters get a percentage of Spotify’s revenue, this means an immediate 9% raise. Prices need to keep up with the incredible value of streaming services.

Congrats to SoundExchange and Mike Huppe for another $1B+ year. Songwriters and Music Publishers are collecting a small fraction of this amount from the same digital radio stations. We should and can do better.

Songwriters and Music Publishers posted revenue in 2022 just over $5.6 billion. It’s an impressive number but falls far short of the true economic value of songs. Much work to do.

2022 songwriter and publisher revenue by category. Distinct challenges. For mechanical, streaming prices need to go up. For performance, digital radio vastly underpays. For sync, songs should have equal value as sound recordings and mass sync sites need to pay better.

In 2022 US revenue for songwriters and music publishers reached a new height of over $5.6 billion. That is still FAR below the actual value of songs. There is more work to do but the future is bright.

musicbusinessworldwide.com/history-shows-…

Songwriters/publishers have a digital radio crisis. In 2022, all PROs combined collected $467 million from terrestrial radio. In 2022, record labels/artists collected $1.22 BILLION just from digital radio.We need to wake up and confront this crisis head on billboard.com/pro/automakers…

Not a surprise, but disappointing, that Live Nation AEG and NACPA appealed the Broadcast Music Inc. victory in rate court that would require live concert venues to pay songwriters and music publishers more. Props to Mike O’Neill and BMI for continuing this fight for fairer rates.

The calm before the storm! The Horseshoe Las Vegas and Paris Las Vegas are getting ready to welcome you in just eight days!

Who’s excited for the 54th Annual World Series of Poker?♠️♦️♣️♥️