Category Archives: Music & internet radio

CDs down, downloads up

By take21 | Published: August 18, 2008

“The amount of money that songwriters received from sales of CDs fell by 15 per cent in the first half of this year, according to figures to be published this week by the MCPS-PRS Alliance, which collects royalties for songwriters and composers.” Declining CD sales mean songwriters will earn more from performance rights – playback […]

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Endgame in sight

By take21 | Published: August 18, 2008

SoundExchange vs internet radio “We’re approaching a pull-the-plug kind of decision,” says Tim Westergren, founder of Pandora “We’re funded by venture capital,” he said. “They’re not going to chase a company whose business model has been broken. So if it doesn’t feel like its headed towards a solution, we’re done.” The article also provides a […]

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Senate hearings on music royalties

By take21 | Published: August 6, 2008

In the US, the Senate has been holding Judiciary Committee hearings on music royalties. Is internet radio on track to be a $20 billion (that’s billion) advertising market, as claimed by John Simson of Soundexchange? Or is internet radio a fledgling industry, likely to collapse under the burden of royalty payments imposed by the Copyright […]

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