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173,000 of the 1.23M albums available sold at least 1 copy last year That means 85% of albums did move a single copy all year. 80% of of all single track sales revenue came from 52,000 tracks All this is according to a new study by Will Page, chief economist of the MCPS-PRS Alliance, the UK based not-for-profit royalty collection society. Does this mean that we should all be back to chasing hits? No, but if correct, the study should remind us that making music available for sale is the beginning and not the end.

DENVER —  Chalk up another Internet radio casualty of significantly increased royalty fees for airing music online. Yahoo Music once the top music destination on the Web, is handing over the bulk of its Launchcast Internet radio operations to CBS Radio. Under a deal closely resembling that between CBS Radio and Launchast rival AOL Radio, CBS Radio is taking over all advertising-sales operations, licensing and technology decisions for the Launchcast service. That includes replacing the Launchcast desktop music player with a co-branded one provided by CBS. CBS also will add all of its Internet radio stations to those available through… Read more »

Record labels, music publishers, songwriters and online music services have reached an agreement on how to compensate music creators for online distribution of their content, they said. The agreement is designed to settle how the industry calculates royalty rates for limited downloads and music that is streamed online, including when it is provided by subscription and advertising-supported services. Fans using on-demand music streaming can select the songs they want to hear but do not keep a permanent copy. Under the proposal, providers of such services will pay a mechanical royalty of 10.5 percent of revenue after other royalties are calculated.… Read more »

A musicians union has filed a federal lawsuit against the producers of “American Idol,” claiming musicians were underpaid because the show’s live music was re-recorded for reruns. The American Federation of Musicians filed the suit seeking unspecified damages Thursday in U.S. District Court in Los Angeles, alleging that American Idol Productions Inc. and its subsidiary Tick Tock Productions Inc. violated a collective bargaining agreement. That contract says the show’s musicians should be paid royalties for rebroadcasts of the show, the lawsuit said. The producers are required to pay 75 percent of scale to musicians who appear in the original show… Read more »

“Queen of Soul” Aretha Franklin added another jewel to her illustrious musical crown on Friday night when she was honored at the annual MusiCares dinner, a Grammy-related event that raises money for musicians in need. “There may be a debate about who is the president, but there is no debate on who is the queen,” said civil rights leader Al Sharpton, one of many luminaries on hand to pay tribute to the 65-year-old Franklin. The singer, who has garnered 17 Grammy Awards and the Presidential Medal of Freedom in a career spanning four decades, will perform this Sunday at the… Read more »

Like it or not, major record companies are expected to continue drafting their artist contracts so that labels share a piece of most — if not all — of the artists’ rights in all types of revenue streams, not just record sales, but also concert tickets and t-shirts. Artist lawyers say that their responses are as varied as the rights and terms in each label’s “360-degree” deal. Some labels want to be the merchandiser, while others want rights only in certain types of merchandise connected to album cover artwork. And when it comes to artist royalties, some labels pay a… Read more »

Tommy Lee thinks the media is making a mountain out of a molehill. So, he’s making a pebble out of Kid Rock. The Mötley Crüe drummer wasted no time in addressing his well publicized brawl and subsequent ousting from the MTV Video Music Awards Sunday night, insisting that while he has been painted in the press as the instigating party, it was fellow Pamela Anderson ex Kid Rock who initiated the throwdown. “Yeah!!….here I am minding my own biz having a great time with my friend Criss Angel (magician) and watching the MTV awards in the front row saying hello… Read more »

A federal appeals court has denied a petition by U.S. Internet radio stations seeking to delay a royalty rate hike due July 15 they say could kill the fledgling industry. While the July 11 ruling by the U.S. District Court of Appeals for the District of Columbia Circuit was a setback, the SaveNetRadio coalition of Webcasters vowed it would continue fighting the hikes in Congress. Late last month, thousands of U.S. Internet radio stations, organized by SaveNetRadio, held a “Day of Silence” to protest the hikes in performance royalties paid to musicians and record companies. Under a Copyright Royalty Board… Read more »

There wasn’t a Thursday fan alive who wasn’t floored by last month’s announcement that the New Jersey emo innovators will be working with Victory Records on a retrospective CD/DVD package that, as a press release noted, will “tell Thursday’s 10-year-career story from the beginning to the present.” After all, Thursday’s 2002 split from Victory – which issued the band’s landmark 2001 LP, Full Collapse – was the very definition of cantankerous. Mud was flung from both sides when the band joined Island Records, and lawyers were eventually called in to clean up the mess.At the time of the band’s break… Read more »