Showing posts with label A2IM. Show all posts
Showing posts with label A2IM. Show all posts

Wednesday, 29 July 2015

News from the recorded music sector!

Independent labels have become the biggest player in the US recorded music market – and their share is growing fast. According to new statistics from Nielsen/Billboard, the independents took 35.4% of the US market by ownership (volume) in the first half of 2015. That was comfortably ahead of Universal (27.6%), Sony (20.9%) and Warner (15.2%), and represented an increase on the 35.1% share the indies claimed across the whole of 2014.
In Japan the RIAJ has yet to yet to announce digital music sales figures but physical sales for the first half of the year are almost exactly the same as 2014: The CD market took 92.123bn Yen (approx $750m) in H1 2015, compared to 92.391bn Yen (approx $750m) posted in the same period a year before. Meanwhile, Japan’s thriving music video market continues to show its strength, actually growing ever-so-slightly from 35.37bn Yen (approx $290m) in H1 2014 to 36.07bn Yen (approx $290m) in the first six months of this year.

The biggest music subscription service on the planet, Amazon Prime has not been licensed by the biggest music company on the planet, Universal - but that hasn't stopped Amazon Prime Music, which officially launched in the UK this week, having a bigger paying customer base than Spotify, Rdio, Deezer and Apple Music combined. But more users ? 

vKontake, the somewhat controversial but leading Russian social networking giant, has signed a 'goodwill agreement' with Sony Music which will seemingly halt the major's legal action against the social network. Sony drop out of an lawsuit filed at the Saint Petersburg and Leningrad Region Arbitration Court, in which Sony Music, Universal Music and Warner Music demanded countermeasures and compensation for the large scale copyright infringement vKontake allegedly facilitates. The other labels remain as litigants. No further details on the content of the deal have been published, but according to reports, VK will upgrade its current music service.


http://www.musicbusinessworldwide.com/independent-label-us-market-share-trounces-universal-sony-warner/

http://www.musicbusinessworldwide.com/cd-sales-remain-rock-solid-in-japan-but-j-pop-has-a-stranglehold/

Tuesday, 12 May 2015

A2IM calls on the US to relax visa rules for Canadian acts

CMU Daily reports that American indie label trade group A2IM has used the Canadian Music Week conference in Toronto last week to call on the US to remove visa requirements for Canadian artists who wish to tour the States. The Canadian government last year axed the red tape American artists used to have to navigate to tour north of the border, and A2IM says its home country should return the favour, which seems reasonable. The trade group said on Friday: "Under current legislation, Canadian artists are only able to tour within the US after securing a P Visa, a practice that is mandated to be processed in two weeks but can often stretch to six months time. This can stall tours and result in artists, US clubs and restaurants losing revenue. Relaxing visa requirements would allow for an open exchange of ideas and cultural reciprocity between two neighbouring countries". Noting how this impacts on its members, A2IM added: "Our diverse membership nationwide with Canadian artists on their roster has been impacted by this practice and support eliminating the visa requirement".