Musicians, publishers, songwriters and labels headed for a big battle over royalty rates, Irving Azoff shared his predictions for the future of the music business, and indie label group Merlin called YouTube out on its low payout rates.
Twitter revealed all the details about its music data, indie record label heads questioned whether YouTube is beneficial to small labels and artists, and SoundExchange paid out $590 million to artists in 2013.
Industry experts analyzed six significant mobile music industry events, music royalties from online services surpassed radio royalties in the UK, and YouTube finalized a deal with Universal Music Publishing Group to expand content to 127 countries worldwide.
Major labels rejected Apple’s licensing proposal for iRadio, YouTube confirmed it will launch a subscription-based streaming music service, and ASCAP announced it paid out $827 million in royalties in 2012.
Global music sales were up in 2012, digital piracy rates dropped significantly last year, and Google began to talk about licensing with major record labels in preparation for launching a new streaming music service.
The RIAA accused Google of failing to punish pirate websites, a survey showed growth in the musical instruments and equipment industry, and Billboard decided to incorporate YouTube Plays into its chart formula.
Clear Channel Media signed a radio deal with Big Machine, Amanda Palmer raised $1 million on Kickstarter and YouTube improved its licensing deal with music publishers.