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CMU Podcast: Record industry growth, Digital Economy Act
By Andy Malt and Chris Cooke | Published on Monday 1 May 2017
CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week, including the latest stats from the IFPI that reveal that global record industry revenues grew 5.9% in 2016 (despite flippin YouTube), and how new legislation to combat ticket touting just skated into UK law before Parliament broke up for a pointless election. The CMU Podcast is sponsored by 7digital.
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Stories discussed this week:
• Global record industry revenues up 5.9% in 2016, but – you know – ‘value gap’
• Parliament cancels ticket touting select committee inquiry ahead of General Election
• Digital Economy Act passes introducing new ticket tout regulations
In brief:
• Merlin signs new Spotify licensing deal
• Unreleased Prince EP to remain unreleased following court ruling
• Competition regulator to investigate Live Nation’s IOW Festival purchase
Canadian Music Week coverage:
• Cost of entry to streaming market is stifling innovation, says digital consultant
• Playlist marketing must focus on artists not songs, says Believe’s Georges Tremblay
• Streaming generates vast amounts of royalty data, and not all collecting societies are coping
• Secrecy around streaming still making it too difficult for artists to know if they’re getting a fair deal
