A private equity firm just sold SESAC to another private equity firm.  Guess that means there’s money in music publishing, after all. Once upon a time, everyone thought that music publishing was safe from the […]
Corporate Corner
Tidal Gives 1 Million Free Subscriptions in Poland
Tidal subscription numbers still pale in comparison to Apple Music and Spotify.  But all of that changes in Poland (sort of)… Jay Z’s Tidal just added 1 million new subscribers.  And they’re all coming from […]
Is SiriusXM Considering Acquiring Pandora
Pandora says it’s open to an acquisition by SiriusXM.  Wall Street thinks that’s a great idea. Pandora could soon be acquired by satellite radio giant, according to wild rumors flying around.  Well, maybe not so […]
Manager Tries to Raise Songwriter Royalties, Gets Sued by 10,000 Radio Stations
by Paul Resnikoff Irving Azoff thinks that songwriters are getting forced to accept sub-standard royalties from radio stations.  Now, he’s getting sued by 10,000 of them. Do we still need the government to determine what songwriters […]
UMG Makes $4.48 Million a DAY from Streaming Music
Once again, despite licensing issues with Spotify, music streaming pushes industry revenue way, way up. Universal Music Group reported $1.1 billion in music streaming revenue alone between January and September of this year. This marks […]
Pandora Wants 45% of Its Workforce to be ‘Employees of Color’ by 2020
by Paul Resnikoff Pandora is vowing to hire more ’employees of color’ over the next few years.  But what exactly is an ’employee of color’? Pandora has just announced a sweeping affirmative action program, one designed to […]
9 Ways To Make Money From Cover Songs (Even Though Facebook Is Ripping Them Down)
You’ve probably heard by now that major publishers and Facebook are in a battle for legitimacy. The major publishers (namely UMG) have been getting Facebook to remove all cover videos using their songs. Publishers want […]
Rolling Stone Magazine Faces Shutdown Over Fake Gang-Rape Story; $7.5 Million Defamation Ruling
by Paul Resnikoff It was a shocking story of rape and victim brutality from Rolling Stone Magazine.  And it was all made up.  Now, the magazine and its author are paying the price, and potentially facing […]