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Domain: hypebot.com

Stories and comments across the archive that link to hypebot.com.

Stories · 2

  1. Why the Major Labels Love (and Artists Hate) Music Streaming

    Entertainment · Music · · posted by samzenpus · from the pay-us-as-you-go dept. · 164 comments
    Hugh Pickens DOT Com writes "Jay Frank writes that the big four music distributors and their sister publishers (Sony, Warner, UNI and EMI) make 15% more per year, on average, from paying customers of streaming services like Spotify or Rdio than it does from the average customer who buys downloads, CDs or both. Each label makes 'blanket license' deals with Streaming services with advances in the undisclosed millions, which is virtually the same as selling music in bulk; they receive these healthy licensing fees to cover all activity in a given period rather than allowing Streaming services to 'pay as they go.' 'Artists are up in arms, many are opting out of streaming services,' writes Frank. 'Lost in that noise is a voice that is seldom heard: that of the record companies. There's good reason for that: they're making more money from streaming and the future looks extremely bright for them.' The average 'premium' subscription customer in the U.S. was worth about $16 a year to a major record company, while the average buyer of digital downloads or physical music was worth about $14. Thus, year over year, the premium subscriber was worth nearly 15% more than the person who bought music either digitally or physically."

  2. Sony Entertainment Head Steps Down

    Tech · Sony · · posted by Soulskill · from the so-long-and-thanks-for-all-the-data-breaches dept. · 65 comments
    New submitter Mephistophocles writes "Japan Times reports today that Sony Entertainment Chief Tim Schaaf has stepped down. Schaaf's division has recently drawn the ire of users and governments alike after multiple hacks which resulted in the theft of millions of users' personal information. Schaaf joined Sony after a stint at Apple, and had ambitious plans for unifying the end-user's entertainment experience on Sony products, as well as having some big words for how to help out Sony's music division. Tim will be replaced by Andrew House, currently of Sony's Game Division. One wonders — is this a continued sign of deterioration in Sony's Entertainment house?"