Tuesday, January 31, 2012

Royalty Collections Increase and File Sharing Takes a Hit


One of the biggest factors that might affect growth in the music industry is the flow of payments to musicians and publishers. An innovation and government regulation that will have a positive impact on the future of the music industry is Google’s acquisition of RightsFlow. RightsFlow is an American company that provides organizations, bands, songwriters and individuals with music licensing services and royalty payment solutions. YouTube is one of Google’s greatest assets, which features millions of music videos on its site. The previous process for royalty payments that was used by YouTube was always deemed as problematic so this change should license music on YouTube more efficiently.

Tuesday, January 24, 2012

The Digital Download is Indeed the Genuine Successor to the CD

After reading a blog entry by the popular Music Industry blogger Mark Mulligan, I realized that I completely disagree with his view on D.I.S.C.: The Music Format Bill Of Rights

The days of gaining significant revenue and popularity based primarily on CD sales are long gone and will NEVER return. That is why basing any ideology off of “what was” is just preposterous. It is naturally difficult for seasoned veterans of the music industry to grasp this because they have tasted the
success with old methods of massive distribution and popularity that was not primarily based via the Internet.