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Spotify Takes Aim At Low-Earning Tracks With New 1,000-Stream Minimum
Monday, November 6, 2023 - 12:28pm | 356Spotify Technology SA (NYSE: SPOT) is set to implement significant changes to its royalty model in first quarter (Q1) 2024, with the most controversial change being the introduction of a new minimum annual threshold of 1,000 streams before any track will generate royalties on the platform. Spotify...
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Justin Bieber Lands $200M Catalog Deal With This Blackstone-Backed Company: Why Artists, Private Equity Will 'Never Say Never' To More Deals
Wednesday, January 25, 2023 - 3:01pm | 986One of the bestselling singers of the last decade has landed a massive deal for songs and artist royalties. Here’s a look at the deal Justin Bieber landed and why the value of song catalogs is rising and becoming highly coveted. What Happened: Bieber has dominated the charts since 2009,...
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Apple, Spotify, Others Pay $424M In Music Licensing Fees — Move Seen As 'Massive Win' For Artists
Wednesday, February 17, 2021 - 2:12am | 427Spotify Technology SA (NYSE: SPOT) and other digital service providers paid nearly $424 million to the Mechanical Licensing Collective, the non-profit said in a statement Tuesday. What Happened: MLC administers mechanical licenses to eligible streaming services and pays the resulting...
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The Music Modernization Act, Explained
Thursday, September 27, 2018 - 12:52pm | 546The trade war and the Supreme Court nomination have captured most of the headlines in Washington in recent weeks, but Congress passed an under-the-radar bill this week that will have a major impact on the music industry. On September 25th, Congress passed the Music Modernization Act. President...
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Barrington Explains Why A Neutral Stance On Sirius XM Was Wrong
Friday, June 29, 2018 - 12:24pm | 384Analysts at Barrington felt it necessary for Sirius XM Holdings Inc (NASDAQ: SIRI) investors to move to the sidelines earlier this year amid expectations of a "leveling in the stock price." Fortunately, it isn't too late to be buyers of the stock after missing out on a 20-percent gain...