Telefonica tunes in Rhapsody’s Napster for streaming music
Obviously were surviving. Some of us have health insurance, some of us dont, we basically all live in the same places, no ones renting private jets. Come to your own conclusions. Before we hop into the analysis, I also want to acknowledge that musicians getting hosed by records labels et al. isnt exactly a new phenomenon (read:Motown). Its just different people taking a cut of the pie this time around. New album sales One of the more interesting statistics is regarding new album sales. While I could probably have guessed that record sales were down, the recentness and sharpness of the decline was interesting. As you can see below, since 2008 new record sales have dropped by almost 50%. I am sure that number is even greater if you go back to, say, 1999, when it was cool to have CD books and stacks of albums. Year $100,000 for placement in a cell-phone commercial 1 $100,000 One of the more interesting data points that stands out is the minuscule amount of money that these bands earn from the streaming services that have become so prevalent in the world today. If Pandora (see IB Research reports ) or Spotify are somewhat responsible for taking album dollars out of the pockets of artists, they should at least be making up a decent amount of that lost income. It makes the Internet Radio Fairness Act seem all the more absurd.
Markets open in 5 hrs 46 mins CBGB Music and Film Festival 2013 A Rousing Success Hundreds of Thousands of People Rock Times Square 9 hours ago View Photo James Murphy of DFA/LCD Soundsystem — For a photoset from the Festival, click here.Click here for high-resolution version NEW YORK, NY–(Marketwired – October 16, 2013) – Hundreds of thousands of people filled Times Square on a picture perfect fall day to experience the 2nd Annual CBGB Music and Film Festival’s largest event: a concert featuring My Morning Jacket, Grizzly Bear, Divine Fits, The Wallflowers, Lisa Loeb, a DJ set by James Murphy of DFA/LCD Soundsystem and dozens of other bands performing on multiple outdoor stages. My Morning Jacket’s set featured guests Alabama Shakes’ Brittany Howard, TuNeYaRds’ Merrill Garbus and Antibalas’ horn section.Jakob Dylan joined the band for a rousing performance of “Don’t Do It”, echoing The Band’s performance encore from the seminal film The Last Waltz. Jim James of My Morning Jacket described his experience of performing on the CBGB Festival Stage in Times Square as “incredibly surreal and beautiful, like playing Red Rocks if Red Rocks was made of computers and light.The crowd had a great spirit!God Bless NYC!” The annual outdoor festival each Columbus Day Weekend will surely soon be one of the largest music events in North America. The stages and festival grounds started on Broadway at 46th Street and stretched north towards Central Park for as far as the eye could see.Massive digital billboards and additional festival activities also extended south to 42nd Street giving the show an unmistakable feeling of New Year’s Eve in Times Square but with better weather, better music and better food. The CBGB Festival filled the streets with much more than music. Fans enjoyed extreme sports demos and booths with carefully curated music, clothing and crafts.This was a day that offered something for everyone — including, in true punk spirit, a “smashing pumpkins” booth where kids could do just that. The live music portion of the festival ended well past midnight on Saturday with an incredibly powerful performance by Ice T in the East Village. His show left the capacity crowd in awe as he displayed his unmatched ability to ignite excitement and passion in people. Other festival highlights were the keynote addresses by Duff McKagan(Guns n’ Roses/Velvet Revolver) andVan Toffler(President of Viacom’s Music and Logo Group). As an integral part of some of the most successful rock bands in history, Duff McKagan delivered the CBGBMusic Festival Keynote. Leading the charge of rock music for three decades, McKagan continues to be a potent and venerable noisemaker in the industry.In his address, he laid out his advice for artists clearly: “New bands should be true and honest.F*** commerce.What you’re doing should be in your heart.Money will come and you can deal with that all later.” Van Tofflerdelivered the overallConference Keynote Speechon the state of the music industry in 2013.Toffler, who oversees a collection of the most successful and vibrant brands in music and entertainment as President of Viacom’s Music and Logo Group, delivered a clear-eyed compelling assessment of the hierarchy of artists and media in the current environment. In reviewing MTV’s key role as a platform for the most creative artists, Toffler traced a line from Madonna to Nirvana to Kanye to Miley saying, “Speaking for MTV, we’ve been used, abused, and trampled upon by the best.Madonna played MTV like a mandolinand we also never know what to expect when Kanye comes through the door, but we know enough to stand back and let him do his thing.” Summing up the festival, CBGB co-owner and festival executive producer, Tim Hayes said. “We want to make every Columbus Day weekend a time when the whole world can celebrate Hilly Kristal’s dream of presenting live music to the largest audience possible.There is no better spot than the crossroads of the world, Times Square.” The CBGB Music and Film Festival aims to transform Columbus Day Weekend into a six-day, annual celebration that will include the largest outdoor concert in North America along with hundreds of other music themed events, “firsts” and special moments across New York City. This week’s CBGB Music & Film Festival featured 525 bands in over 175 venues.The festival also hosted more than 125 speakers and 60 new music based films and documentaries including Green Day’s “Broadway Idiot.” James Murphy of DFA/LCD Soundsystem Photo: Getty Images for CBGB. For a photoset from the Festival click here The following files are available for download:
Carlos Domingo, Telefonica Digital’s director of product development and innovation. (Credit: Stephen Shankland/CNET) Telefonica Digital, the digital arm of one of the largest telecommunications companies in the world, has picked Napster as the recommended streaming service for its business units, bringing Rhapsody’s subscription music service to Latin America for the first time. While limited in scope initially, the partnership means Napster will have a vocal advocate for it when Telefonica operating units — such as O2 and Movistar — pick a music service to bundle into phones. At first, their alliance will mean Napster replaces Sonora, a subscription music service provided by Telefonica unit Terra in Brazil, Argentina, Colombia, Chile, Peru and Mexico. That moves Napster into Latin America, an area of rapid smartphone growth, for the first time. The companies wouldn’t specify Sonora’s number of active users, but they generalized it is in the hundreds of thousands. Rhapsody has more than a million paid subscribers globally. Telefonica had 317.3 million customers as of June, across 24 territories. Its main commercial brands are O2 in northern Europe, Movistar in Spain and Latin America, and Vivo in Brazil. Telefonica can earn a minority stake in Rhapsody International as part of the partnership, but the companies wouldn’t specify how large it could be or other financial terms. Related stories Is Spotify unfair to musicians? After Rhapsody bought Napster in 2011, it kept quiet on the former peer-to-peer service that switched to above-board streaming service, until it announced plans to expand into 14 European countries from the UK and Germany in June.