by Charlotte Hassan According to the Wall Street Journal, CÃœR Media has received â€licenses from all three major record companies, giving them a collective $8 million in advance money.†In return for the $8 million, CÃœR […]
Corporate Corner
Massive, $200 Million Class Action Served Against Rhapsody
by Paul Resnikoff Yesterday, sources pointed Digital Music News to a string of upcoming class action lawsuits involving Spotify competitors.  Now, the first of those lawsuits is being served against Rhapsody. The massive class action lawsuit against Rhapsody is […]
SoundCloud Will Become a Paid Service ‘Within 9 Months,’ Sources Say
by Paul Resnikoff SoundCloud is about to become a totally different musical destination, with a subscription service happening by October of this year, according to sources to DMN. At the present time, everything on SoundCloud is […]
Tidal, Microsoft, Google Play, Rhapsody, Slacker Now Facing Class Action Litigation
by Paul Resnikoff What started as a $150 million class action against Spotify is now threatening to snowball into one of the largest legal fights the music industry has ever witnessed. Spotify’s attorneys at Mayer Brown LLC […]
Is Rhapsody Next? Annual Losses Balloon to $35.5 Million
by Paul Resnikoff Last year, the once-promising Rdio slipped into bankruptcy, with annual losses approaching $25 million annually.  Is Rhapsody next? According to financial details now disclosed, the struggling Rhapsody suffered losses of $35.5 million last year, a […]
SoundExchange Still Not Paying Arcade Fire, Fleetwood Mac, N.W.A, Eazy-E, Jimi Hendrix, Motörhead, Jerry Garcia, and 100+ Other Artists
by Paul Resnikoff If you want to fix the music industry, here’s one place to start: SoundExchange. SoundExchange is a music industry organization tasked with administering hundreds of millions in royalties from Pandora, Sirius XM Radio, iHeartRadio, […]
57 Million Americans Are Actively Stealing Music, Study Finds
by Paul Resnikoff Streaming music killed piracy, right? Wrong, according to MusicWatch, the latest research group to point to increasing music piracy levels. Last year, Digital Music News pointed to data showing massive increases in BitTorrent […]
Love My Music? Then Buy My $1,000 Album
by Charlotte Hassan Would you pay $1,000 for an album? Welcome to the latest industry experiment. The Toronto-based Heights is best known for producing music in Canada’s hip-hop scene, with production credits for likes of Shad, Greenpeace, TED, […]