CMU’s Andy Malt and Chris Cooke review key events in music and the music business from the last week. On this edition, artist managers criticise Universal Music over a change it made to the way it pays Pandora royalties to artists, and new Bandcamp owner Songtradr making 50% of the direct-to-fan platform's staff redundant.
PLEASE NOTE: This episode was recorded before the settlement between Megan Thee Stallion and her former label 1501 Certified Entertainment was announced.
SECTION TIMES
01: Universal (00:05:13)
02: Bandcamp (00:21:35)
(Timings may be slightly different due to adverts)
STORIES DISCUSSED THIS WEEK
Universal Music criticised over unannounced change to Pandora payments
Universal Music has been criticised for a change it made last year to the way it pays Pandora royalties to artists, with payments now made directly by the major at contractural rates, rather than allowing 50% of income to flow to performers via collecting society SoundExchange
Chris Cooke
Half of Bandcamp’s staff made redundant as Songtradr acquisition is completed
Songtradr has confirmed that 50% of Bandcamp’s staff have been made redundant as it completes its acquisition of the direct-to-fan platform from Epic Games
Andy Malt
ALSO MENTIONED
Megan Thee Stallion has “no label right now” and that’s how she wants it
Megan Thee Stallion says she will self-release her next record because “I don’t want to sign to a new label right now”. She has had multiple legal run-ins with her former label 1501 Entertainment
Chris Cooke
