Issue #344: Blockchain + the Future of Entertainment; The Long Fall of iHeart; Paying the Piper & the Copyright Owner

How Blockchain Can Transform The Future Of Entertainment

Grammy winner Imogen Heap is one of the most prominent musicians to embrace the blockchain. She recently teamed up with Ujo, a company looking to be the one-stop shop for independent music distribution and payments, to release the first song on the Ethereum blockchain.

The Long Fall of iHeart, Once the Most Powerful and Feared Player in Radio
The Long Fall of iHeart, Once the Most Powerful and Feared Player in Radiowww.texasmonthly.com
Launched by two of the biggest names in Texas business, Clear Channel was once the most powerful—and feared—player in radio. Now rebranded as iHeartMedia, it’s on the brink of bankruptcy.

Apple Music Was Always Going to Win
Apple Music Was Always Going to Wingizmodo.com
Everybody knows that Apple is rich and powerful. So few will be surprised to learn that, despite showing up to the party late, the Cupertino company now appears to be winning some key battles in the streaming music wars.

Kieron Donoghue talks ‘streaming-only’ label Humble Angel Records
Kieron Donoghue talks ‘streaming-only’ label Humble Angel Recordsmusically.com
In late January, former Playlists.net and Warner Music Group executive Kieron Donoghue launched ‘streaming-first’ indie label Humble Angel Records.

Paying the Piper (and the Copyright Owner) - The Music Modernization Act of 2017
Paying the Piper (and the Copyright Owner) – The Music Modernization Act of 2017www.lexology.com
The rise of streaming music services has changed the landscape in ways that most would not have imagined even a decade ago.

Spotify puts IPO bankers on “disruption” playlist
Spotify puts IPO bankers on “disruption” playlistwww.breakingviews.com
The music-streaming service may list its stock in New York without raising money or using underwriters. With private funding plentiful and business models asset-light, other tech groups could follow. It’s another threat to the high fees U.S. banks charge to take companies public.

Metallica Co Manager Cliff Burnstein Talks Music Streaming
Metallica Co Manager Cliff Burnstein Talks Music Streamingwww.blabbermouth.net

Asked if he feels his artists are getting their fair share of streaming revenues, Cliff said: “‘Fair,’ of course, is not an objective measure. ‘Fair’ to one guy is ‘not fair’ to another. I would say that many artists who have signed deals with major labels are not really getting their fair share, because streaming is treated the same as single-track sales under a lot of those contracts.

Apple, Amazon, Google, and Microsoft are making big money with smaller payments
Apple, Amazon, Google, and Microsoft are making big money with smaller paymentsqz.com
The world’s biggest technology companies are changing how software makes them money. Apple, Amazon, Microsoft, and Google have each grown their businesses on recurring payments, turning single-time customers into cash cows to be milked all year long.

Abbey Road Red incubator adds two more startups… and a new boss
Abbey Road Red incubator adds two more startups… and a new bossmusically.com
Abbey Road Studios in London has announced that HumTap and Lickd will be the next two companies to join its Abbey Road Red startup incubator.

My Spotify Ideas
My Spotify Ideasmyspotifyideas.com

A look at the ‘Secret Genius’ series from Spotify.

Is the greatest hits album dead?
Is the greatest hits album dead?www.bbc.com
Compilations by pop artists are another casualty of the shift away from physical albums to streaming.

DJ launches 'Spotify-disrupting' streaming service to benefit artists
DJ launches 'Spotify-disrupting' streaming service to benefit artists www.nme.com

Choon is being touted as a “disruptive blockchain-based music streaming service”.

Hear Lost Music from the Original Muscle Shoals Rhythm Section
Hear Lost Music from the Original Muscle Shoals Rhythm Sectiongardenandgun.com

A new album of previously unreleased tracks finally gives the Swampers their due. Stream it!