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Free Report: Lyrics Take Centre Stage In Streaming Music

Music Industry Blog

We are pleased to announce the publication of a brand new, totally free, Streaming Music report written on behalf of LyricFind. In this report, we present the findings of an exclusive consumer survey fielded in November 2017 to consumers in the US, UK and Germany, deep diving into streaming behaviours and the growing role that lyrics is taking. The report download link can be found at the bottom of this post.

The report includes data on:

  • Overall music consumption and streaming behaviours
  • Weekly Active User (WAU) penetration of all key streaming music apps
  • Tenure splits of streaming users by streaming service
  • Consumer attitudes towards lyrics
  • Lyric users by tenure length of individual streaming services
  • The relationship between lyrics users and streaming loyalty
  • Key drivers for using lyrics, with gender splits

Here is an overview of some of the findings.
INFOGRAPHIC V 1.1

Streaming music has put the audience in control, letting music fans…

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Google To Enable DIY Musicians To Capture Their Mechanical Royalties

Google

Two months ago I published an investigative report on Google’s mechanical licensing practices that left DIY music creators without mechanical royalties from Google Play Music and YouTube.

Today, I’m happy to say that after weeks of discussions, Google has come onboard to Royalty Claim to make it possible for DIY music creators to get DIRECT LICENSING DEALS with Google Play Music and YouTube.

Read more in Royalty Claim’s Facebook post.

The (Not Quite) Definitive Guide To The Exploitation Of Music Royalties

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There’s been a lot of talk lately about music royalties; those pesky micro-pennies that add up to something worth fighting over after millions and billions of streams.

With the music industry seeing revenue growth powered by streaming, coupled with shrinking per-stream royalty rates caused by a combination of horrible statutory royalties, unsustainable subscription models, and more content than ever before splitting up the pie, music royalties have never been more scrutinized in modern music history, IMO.

In the United States alone, there are several legislative measures being proposed that directly address music royalties — Fair Play Fair Pay Act (artist royalties), Songwriter Equity Act (songwriter royalties), AMP Act (music producer royalties), CLASSICS Act (legacy artist royalties) — with powerful proponents (music rights organizations, music creators’ rights advocacy groups, and music industry trade associations) and even more power opponents (digital media and Internet company coalitions, broadcaster lobbying organizations, and in some cases, DSPs themselves) on both sides.

Nevertheless, this is an interesting time for music royalties.

Technologists and music licensing experts have come together to create a variety of offerings to music creators and rightsholders to help them exploit their music royalties. Whether you want to find unpaid royalties, get a loan against future royalties, sell your royalties or allow music fans to invest in your music royalties, there’s a platform for that.

Here’s a (not quite) definitive guide of music royalties tools and services (A-Z):

FIND & CLAIM UNPAID MUSIC ROYALTIES

  • Paperchain (Revenue Share) – Enriching the music supply chain. Paperchain solves the problem of unpaid royalties in the music industry. Paperchain empowers music copyright owners with products and services to solve the problem of unpaid royalties.
  • Royalty Claim (Free/Subscription) – Search, Find, and Claim Millions of Unclaimed Royalties and Music Licenses. The Royalty Claim Platform is powered by data made available through the ongoing research of the Royalty Claim Initiative, its researchers and data scientists, and valued music industry partners.

GET ADVANCES & LOANS AGAINST FUTURE MUSIC ROYALTIES

  • Sound Royalties (Flexible Repayments Terms) – Next-generation royalty financing. Retain your music rights. Keep your royalties.
  • Lyric Financial (Flexible Repayment Terms) – Advances, Loans, and Financial Solutions for the Music Industry
  • Royalty Advance Funding (Interest Loan) – Royalty Advance Funding has funded hundreds of established music royalty earners including songwriters, composers, publishers, producers, and their successors.

SELL, BUY OR INVEST IN MUSIC ROYALTIES

  • Royalty Exchange (Ownership & Dividends) – Your online marketplace for buying and selling royalties.
  • SongVest (Dividends) – The Stock Market of Music. For the first time ever, both investors and fans can own and get paid by the music that they love.
  • Perdiem (Dividends) – Investment platform for creatives. Start your own record label and build your brand in music.

 

Featured Photo by Fabian Blank on Unsplash

Have You Searched The Royalty Claim Database? What Are You Waiting For?

royalty claim

Another Royalty Claim user shocked to find that they have unclaimed entitlements in our database.
 
Are you a music creator or represent music creators? Have you taken the time to create a free account and search our nearly 50 Million records? What are you waiting for? With each day that passes, thousands of unclaimed royalties fall out of the statue of limitations!

SoCal Music Industry Professionals August Meetup With Chips & Salsa Sponsored By Royalty Claim

I am excited to announce the next SoCal Music Industry Professionals (Meetup | Facebook) meetup taking place at my absolute favorite taco joint (which happens to be a beautiful venue for live music on La Brea in Mid-Wilshire District) — Candela La Brea!

I’ve know the owners for almost a decade, having hosted events/parties in this space as a college student/club promoter. The family has completely revamped the space, so I am thrilled to host my music industry colleagues here to network and check it out the space (Red Bull just hosted a sick music event here last night). My buddy Omar, the GM, was kind enough to grant us the full upstairs lounge with a private bar (great margaritas) and a complimentary chips & salsa bar sponsored by Royalty Claim (you can also order food from the full menu…the tacos are AMAZING!).

I hope to see you all Thursday, August 31st at 6pm! Please RSVP (plus 1s and 2s are OK) on Facebook at https://www.facebook.com/events/386559748425153 or on SCMIP Meetup website http://www.meetup.com/scmiponline

 

Best,
Dae

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