CEO of Downtown Music Publishing Justin Kalifowitz has been elected as a new member of the Board of Directors of the National Music Publishers’ Association (NMPA). David Israelite, President of the NMPA, announced along with his new board members the commencement of the new S.O.N.G.S. Foundation (Supporting Our Next Generation of Songwriters) this fall. S.O.N.G.S. main goal is to back beginner songwriters with grants to help propel their work and help the continuation of music education. Congratulations to those who made the board!
Grammy nominated singer-songwriter Sturgill Simpson has just signed a worldwide publishing agreement with Downtown Music Publishing. This new agreement is inclusive to Sturgill’s Billboard Country Top 10 album Metamodern Sounds In Country Music (High Top Mountain/Thirty Tigers) amongst all of his previous studio albums. Downtown’s SVP Creative Services Jedd Katrancha is thrilled to have Sturgill on the roster and “be a part of the cross-genre level of excitement.”
How do you split $2 MIllion between 11 people? Ask all the “Uptown Funk” songwriters. Originally having 6 songwriters on the record breaking Hot 100 hit, the roster jumped to 11 writers after the makers of “Oops Up Side Your Head” by The Gap Band were added due to a claim by their publisher. Excluding TV and film synch revenue, “Uptown Funk” made about $2 million in its historic run. The initial 6 songwriters, including Bruno Mars, Mark Ronson, and Trinidad James, receive between 5 and 20% of the cut, leaving the 5 songwriters from The Gap Band to split 12% amongst themselves according to individual agreements.
Upon the launch of Apple Music, Indie labels are apprehensive due to reports stating that Apple will not be giving royalty payments to indie labels during their three month free trial. Though all three major labels have established a licensing deal for the new service, Apple is avoiding negotiation with Merlin (the leading global body representing indie labels) and alternatively planning to coordinate direct licensing agreements with particular labels individually. Apple Music’s free trial will surely boost sales for Apple devices but, without providing royalty payments to indie labels, will harm the total income to the music industry as whole this year.
Europe’s three largest PRO’s will create one uniform licensing and processing system for all of Europe. PRS, STIM and GEMA, are joining together in planning a service that will facilitate quicker and more simple digital service negotiations, more accurate royalty payments, scaled down processing costs, and transparent agreements for all rights holders. This “first of it’s kind” partnership between the societies will also aid in solving copyright issues, overall creating a more overall efficient way of managing European intellectual property.
Spotify has launched “Spotify Taste Rewind,” it’s newest venture to help subscribers create vintage playlists based on their current music diet. “Rewind” constructs playlists from three hand picked artists of your choosing to display playlists you may have been into throughout the last five decades, dating as far back as the 1960s. This new playlist generator isn’t without it’s bugs as Billboard claims the artists to choose from can be limited at times, and can automatically start suggesting top 40 artists regardless of your play history.
New York, NY (June 15, 2015) – Songtrust, a Billboard “Top Music Startup” is announcing the world’s first Music Publishing App. Available on iOS devices in the App Store today providing an even simpler way for clients to track their royalties with efficiency and transparency. The launch of this app takes the leading global royalty collection platform to a new level within the digital age.
The Songtrust App will provide an easy way for existing clients to stay connected and up to date with the day to day processes of their accounts. Joe Conyers, VP & GM of Songtrust says “with Songtrust’s new iOS app, we look forward to increasing convenience and transparency with our growing user base. This is our first step and expect to continue to bring innovative services to our clients. We look forward to hearing what else our clients might want to use our app for down the road.” At launch Clients will be able to view their royalties in real time, online with more features coming available later in the year.
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Songtrust is a cloud based music publishing royalty collection service that helps those who own or administer musical compositions. Songtrust collects royalties for over 350,000 copyrights for over 50,000 songwriters. Songtrust’s clients include writers, publishers and their agents directly as well as B2B partners like The Orchard and CDbaby.
Bobby Braddock worked on a new venture of writing a memoir about his life as a songwriter on Nashville’s historic and ever growing Music Row. He has written huge hits from some big time artists such as Toby Keith and Blake Shelton and has established himself within a music scene that seems to be evergreen with a lot of history.
Grooveshark is re emerging in Sweden as a leading streaming service. Not only is Grooveshark surfacing in Sweden, but it is establishing its rapport and growing in countries such as Spain, Colombia, and Israel. Even through the music industry’s efforts to bury Grooveshark away, somehow this streaming service keeps rising back.
Daniel Ek, Spotify’s CEO and Co-Founder, speaks up in regards to Taylor Swift and his ‘freemium’ business model for the next coming years in the digital age of the music industry.
In the 1st episode of The Songtrust Podcast, we interview Chinua Green the YouTube Specialist for Songtrust and Downtown Music Publishing. In the episode, we discuss the complicated landscape for YouTube monetization, as well as Chinua’s background with The Harlem Shake.
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