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In The Know: SoStereo's Weekly Music News Summary March 8, 2019

SoStereo's weekly music news summary with streaming services fighting a songwriter raise and more.
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SoundCloud Go+ Offers Student Discount:

SoundCloud now is offering a discount on their SoundCloud Go+ subscription plan to students. The 50% discount brings the price down to $4.99 per month. Go+ gives users the full range of features and music on the service and the discount SoundCloud in line with just about every other music streaming service out there that also have student discounts.

Spotify, Amazon, Google, Pandora Oppose 44% Increase In Songwriter Royalty Rate:

As part of the overhaul of the music copyright system in the past few years that culminated in the Music Modernization Act, the Copyright Royalty Board (CRB) ruled that royalty rates would rise for songwriters by 44% over the next five years. That decision was ratified last month and streaming companies had 30 days to lodge official opposition to it. Apple Music declined to do so, but now the rest of the group in Spotify, Amazon, Google and Pandora are fighting it. They are fighting on procedural grounds, but you have to bet money comes into play as well. The NMPA has slammed their decision as anti-artist and anti-songwriter.

Read more here.

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SiriusXM Creates Dedicated Content Team At Pandora To Create Original Content:

SiriusXM is looking to get Pandora into the original content game with a new team that will focus on music, sports, comedy, entertainment and politics. The team is made up of current executives Pandora’s VP of content and programming Alex White; VP of label relations Jeff Zuchowski; VP of editorial content Bill Crandall; and head of podcasts and entertainment content partnerships Lindsay Bowen, led by Sirius chief content officer Scott Greenstein. They will be made in the form of podcasts, playlists, events, live performances, interactive channels, spoken word pieces with music and full-time channels and shows.

Read more here.

New Samsung Mobile Devices Come With Six Months Of Spotify Premium – With A Catch:

New Samsung Galaxy mobile devices, including the S10, now come with six months of Spotify premium, but there is a very strong catch. If you already pay for premium, you can’t get the free trial. You also must have purchased in the US. If you have done any other introductory offer or trial, then you aren’t eligible. Otherwise, this is a great deal. 

See how SoStereo can help you with music licensing.

See past In The Know's here.

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