Electronic music pioneer recounts how he once got a streaming statement that “was barely worth the [paper] it was printed on.”
Based on a Copyright Royalty Board ruling the streaming giant is ironically opposing.
The US Copyright Royalty Board recently voted in favor of increasing royalty payouts by 44 percent.
The black-and-white visual album was released in 2016.
Pandora’s “powerful music platform will enable SiriusXM to significantly expand its presence beyond vehicles into the home and other mobile areas.”
“We believe getting new music to your fans should be simple.”
“They killed it by insisting on charging two to three times as much for the high-res files as for MP3s,” claims the legendary singer-songwriter.
Iovine says the margins are “too thin” for music streaming alone to be a profitable business.
Streaming service received the lifeline following reports it was running out of money.
Chicago MC says he was paid $500,000 for exclusive streaming window.
Plus, the pop star files trademark documents for guitars, guitar picks, drumsticks, and more.
Just months after a report revealed SoundCloud had lost $70 million in just two years.
