15 Jun: Hard Times for MP3 Sellers

I missed this article from almost a year back, and it’s an extra-interesting read in light of industry events that have taken place since. Beyond that, there’s some valuable food-for-thought to process here. 5 Magazine: Unless you’re Amazon and the market takes your lack of interest in making a profit with good-hearted cheer, this is a tough time to be selling goods in the music industry. It’s even harder if those “goods” happen to be…

01 Feb: RIAA Announces Streaming Will Count Toward Platinum and Gold Certifications

Pitchfork: Since 1958, the Recording Industry Association of America (RIAA) has awarded platinum and gold certifications based on the quantity of albums sold by an artist. One million sold copies meant a record was platinum; half a million meant gold. Today, the RIAA announced a change in that methodology. Now, it will count on-demand audio and video streaming, along with the traditional album sales, in determining whether a record is platinum or gold. One stream…

05 Aug: Beatport Freezes Payments To Labels – And Gives Artists Just 5% Of Streaming Money

Music Business Worldwide: In a letter to music rights-holders sent last night and obtained by MBW, Beatport told labels that SFX’s ‘going private’ procedure had “trapped certain earned label payments”. Beatport believes the process will be “coming to an end in the next few weeks, at which time all payments will be able to be made”. The big problem for the small labels we’ve spoken to is one of cash flow: this blocked payment covers…