Music Business News

Did you know, music companies make more money online by licensed music than with official music versions. Licensed music in this case means mashups, lip-syncs and fan videos at YouTube and the like. At all the online music business gains steam with digital revenues increased from US$ 4 billion in 2008 to US$ 5.9 billion in 2013. Currently the growth primarily is driven by subscription services: Music Labels make more Money from Mashups than Official Videos.

Such kind of news mostly leads to new services supporting or using such a trend. In the context to the news above OpenAura and Audiam have to be mentioned. OpenAura enables musicians to claim material often being shared online, which is worth even to old press releases and photos. Audiam does this regarding YouTube videos and enables to monetize each view of any kind of video using music of an artist.

Last but not least some information about the price index of subscription services. The following article includes a list of subscription services and the money these services give to artists per stream: New Music Streaming Price Index compares per Stream Pay Rates.

TRAEXS Directory Links: Music Business

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