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Page 77 of 85
Apple Worldwide Developers Conference Opens In San Francisco
Tech
Here’s the real reason Apple caved in on fees for its new music service
By Mathew IngramJune 22, 2015
Revenue from licensing music for digital streaming has meant big revenue bumps for agencies like BMI and Ascap. Perhaps it’s time for the “B” in BMI to stand for “billion”—as in $1 billion in annual revenue. The music agency, whose full name is Broadcast Music Inc., announced Thursday that it set an industry record by raking in $1.013 billion over the year ending June 30. That’s BMI’s highest yearly revenue ever, and it squeaks by the $1.001 billion reported earlier this year by ASCAP, BMI’s main rival for handling music licensing and artists’ songs for play on radio, television, streaming media, and other platforms. BMI and ASCAP — the latter of which said it was the first performing rights organization to top $1 billion — have increased their revenue in recent years even as the music industry on the whole remains in flux due to evolving distribution models. The increase comes amid higher consumption of digital music, which requires streaming services like Pandora P 0.38% , Spotify, YouTube GOOG 1.15% , and Apple Music AAPL 2.09% to pay BMI and ASCAP royalties to stream songs by their songwriter members. Together, ASCAP and BMI represent a reported 90% of songs released commercially in the U.S. BMI's roster of artists includes Taylor Swift, Lady Gaga, and Lil Wayne.
Tech
Former Pandora Exec: Taylor Swift’s Apple fight ‘mostly theater’
By Kia KokalitchevaJune 22, 2015
Taylor Swift The 1989 World Tour Live In Cologne - Night 2
Tech
Apple Music: Money, power, and Taylor Swift
By Philip Elmer-DeWittJune 22, 2015
Taylor Swift.
Tech
Apple gives in on music fees after Taylor Swift’s letter
By Mathew IngramJune 22, 2015
Taylor Swift performs in Times Square on New Year's Eve in New York
Tech
What Taylor Swift wrote Apple
By Philip Elmer-DeWittJune 21, 2015
Inside An AT&T Inc. Store Ahead Of Earnings Figures
Tech
This stat will make you question Beats headphones forever
By Benjamin SnyderJune 19, 2015
Sonar Music Festival 2015 - Day 1
Leadership
Music festivals: From peace and free love to startup pitches and corporate consolidation
By Ian MountJune 19, 2015
Spotify Press Announcement
Tech
This Spotify hire could point to an IPO
By Claire ZillmanJune 18, 2015
Donald Trump Presidential Announcement
Leadership
6 times musicians hated politicians who used their music
By Ben GeierJune 17, 2015
Key Speakers At The Apple Worldwide Developers Conference (WWDC)
Tech
Independent record labels say Apple is trying to put them out of business
By Mathew IngramJune 17, 2015
Apple Worldwide Developers Conference Opens In San Francisco
Tech
How Apple could get indie music labels on board with Apple Music
By Robert HackettJune 17, 2015
Trump International Hotel Washington, D.C Groundbreaking Ceremony
Features
Neil Young hates that Donald Trump is using his music
By Laura LorenzettiJune 17, 2015
Pandora To Raise $231 Million With Sale Of 10 Million Shares
Arts & Entertainment
Here’s why Pandora just bought a radio station in South Dakota
By Jonathan ChewJune 16, 2015
Key Speakers At The Apple Worldwide Developers Conference (WWDC)
Tech
Here’s exactly how much Apple is paying record labels
By Chris MatthewsJune 15, 2015
Jimmy Iovine
Tech
Here’s why audiophiles might hate Apple Music
By Benjamin SnyderJune 11, 2015
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