What’s transpired over the last 24.
Not that the ‘Home Depot Center‘ didn’t have that special ring, but the naming rights to the AEG-owned, 27,000-capacity sports arena in Carson, California is now shifting to StubHub. Which means, the ‘StubHub Center‘ could be the first major arena to be branded by a secondary ticketing company.
Have performance royalty giants hit their peak? ASCAP just reported an annual revenue level of $941 million, down 4.5 percent from 2011. That is still one of the top three pulls of all time for the group, though chit-chatter suggests a steady decline from here on out. Royalty payouts increased slightly to $827 million.
Over on the Sunset Strip, the Key Club is now planning to padlock its doors. The funtime halts on March 15th, according to an announcement by the club.
Thanks, Dennis Rodman. The latest kerfuffle was that the Pirate Bay was shifting to hosting facilities in Pyongyang, North Korea, according to a note from the shadowy (and oft-pranking) group. “We believe that being offered our virtual asylum in Korea is a first step of this country’s changing view of access to information,” the note declared, while suspicions of another hoax continued to mount across the interweebs. “It’s a country opening up and one thing is sure, they do not care about threats like others do. In that way, TPB and Korea might have a special bond.”
The good ol’ record collection was replaced by the MP3 collection which was replaced by the… streams collection? This is now going beyond paywalled heavyweights like Spotify and into the smaller app realm, where the concept of a collection of disparate streams keeps growing. Which brings us to Songdrop, a London-based startup that just rustled 100,000 pounds ($151,000) from SOIC Capital. “Streaming music is fragmented and often in walled gardens; there’s an insane amount of choice but it’s all scattered across different websites and services,” explained Songdrop CEO Brittney Bean. “We’re working on the interoperability and portability of streaming music, as we believe the API for music already exists: it’s the whole internet.”
Major recording label divisions in China have now agreed to drop a lawsuit against Sohu and its search engine, Sougou. According to local reports, the 54 million yuan ($8.6 million) suit is being tossed in exchange for a donation to IFPI anti-piracy efforts, not to mention the launch of a licensed music service moving forward. That will include free downloads to users, with Sohu paying royalties this time around.
Thoughts on gay Boy Scouting? After getting handed a 3,000-signature petition in favor of a more tolerant Scouting experience, Train has declined to play at the Boy Scouts of America’s 2013 National Jamboree if a ban on openly-gay Scouting isn’t lifted. Carly Rae Jepsen, also on the bill, has yet to respond.
Because Lions do more than bark. Which brings us to Reincarnated, Snoop Lion‘s upcoming album and documentary release roar. The reggae and dancehall influenced album is executive produced by Diplo and Major Lazer, hits April 23rd, and carries a guest list that includes T.I., Drake, Chris Brown, Busta Rhymes, and dancehall star Popcaan. The film, which was pre-screened at SF Musictech Summit and chronicles the ‘controversial rise of a modern day icon,’ lands March 15th.
Which brings us to SXSW, where we’re getting a nice, pre-game deluge of party invitations, pre-panel discussions, and meeting invites (sorry for the delayed responses). The lengthy list includes Amazon, Getty Images Music, Fader, Spotify, SPIN, BrooklynVegan, Rachel Ray, etc. More ahead, see ya there!
Familiar overkill? Looks like a pre-release leaker is now facing penalties of roughly 1.5 million Swedish kronor, or about $233,000, specifically for prematurely pushing Beyonce‘s album, 4, back in 2011. And, perhaps predictably, this was an inside job, with the target apparently an industry worker with access to the pre-release recordings.