Will big radio ever be forced to pay recording royalties in the US? Increasingly, the answer seems to be no. Over the weekend, the National Association of Broadcasters (NAB) confirmed the addition of seven new Congressional supporters for its Local Radio Freedom Act, which prevents “any new performance fee, tax, royalty, or other charge” on terrestrial radio stations. The question is whether big labels can tug America’s heart strings a little differently, especially when few Americans (or their representatives) understand the difference between a recording and publishing performance royalty. NAB now counts a total of 134 co-sponsors across the House and Senate.
And, is the ‘record industry’ missing a huge opportunity selling… actual records? That’s a lingering question as Record Store Day wrapped up this Saturday, with the appropriate parade of customized goodies to lure physical buyers. Stateside, sales of vinyl continue to ramp upward, but half-a-world away, in spots like South Korea and especially Japan, sales of wildly-creative and complicated K- and J-Pop releases are worth observing. And, raising questions over whether the rush to digital is coming at the expense of physical possibilities.
And, back in Boston, none other than Neil Diamond is helping the psychological recovery effort. Diamond’s ‘Sweet Caroline’ is a staple at Red Sox games at Fenway, which is why Diamond flew in to sing the classic himself.
Yes, one track overshadowed an entire Coachella. The song, of course, is Daft Punk‘s “Get Lucky,” which recently broke a single-day streaming record on Spotify in both the US and UK. And, remains saturated across other channels, including broadcast radio and YouTube.
Elsewhere, Napster.fm is now switching its name to ‘Peer.fm‘ to avoid a trademark tussle with Rhapsody. The once standalone Napster brand has largely been absorbed into Rhapsody. Peer is building an open-source on-demand streaming alternative, though let’s see if established players like Spotify take notice.
And what to make of Apple‘s unceremonious, post-Jobs stock plunge? The Apple glow seems to be wearing thin these days, at least among investors: shares of AAPL are dancing around $400, a yearly low. The latest quarterly earnings call comes tomorrow.
Thanks, Fox. Glee is getting renewed for a fifth and sixth season, according to the network.