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Amazon rumored clinching major labels for cloud music rights, iTunes Match feels the heat
When we last checked in, Amazon was thought to finally be pushing for full music rights in its Cloud Drive and Cloud Player services. It might be a smooth operator at the negotiating table: subsequent tips to CNET maintain that the top four major labels (a currently-independent EMI as well as Sony, Universal and Warner) have all signed deals that will let Amazon offer the same scan-and-match music downloads and streaming as Apple's iTunes Match. The pacts would let Amazon offer access to every song a listener owns without having to directly upload each track that wasn't bought directly from Amazon MP3. Aside from closing a conspicuous gap, the deal could end a whole lot of acrimony from labels who were upset that Amazon preferred a free-but-limited service over having to charge anything. The online shop hasn't said anything official yet (if at all), but any signatures on the dotted line will leave Google Music as the odd man out.
Turntable.fm inks deals with major music labels, promises 'no traditional advertising'
Turntable.fm may not be as much of a household name as some of the other music streaming services out there, but it's certainly doing its best to catch up. After launching in June and releasing an iPhone app in September, the company has now taken another step toward the big leagues, thanks to a quartet of high profile licensing agreements. As Billboard reports, Turntable.fm has officially inked licensing deals with all four of the major music labels, confirming rumors that had been circulating last week. Founders Billy Chasen and Seth Goldstein made the announcement at SXSW yesterday, during their Turntable.fm panel. Details on the terms remain fuzzy, but both sides are already gushing over each other, with the labels seeing the service as a potential platform for talent, as well as a tool to drive purchases and subscriptions. Chasen, in return, lauded the labels for being cooler than he expected. "We felt that from the get-go the labels were absolutely different from what I'd been led to believe," he explained. "They gave us a lot of time and attention. Compared to their user base, we're a tiny service in the broad scheme of things." It remains to be seen whether Turntable.fm can join the ranks of Spotify and its ilk, but according to Goldstein, the service should stand out in at least one respect. "We're really focused on how we can improve the user experience, and we want to associate these brands as bringing value and talent for our consumers," the co-founder said, adding that the site won't feature any "traditional advertising."
STHoldings withdraws more than 200 record labels from Spotify, does so with gusto
STHoldings stormed its way out of Spotify this week, leaving only a trail of choice words in its wake. On Wednesday, the distributor boldly withdrew more than 200 of its record labels from Spotify, Rdio, Simfy and Napster, following the release of a study that cast the music subscription industry in a rather unfavorable light. According to the research, carried out by NPD Group and NARM, cloud-based services like Spotify and Rdio deter consumers from purchasing music via other channels. Amid concerns that these companies may "cannibalise the revenues of more traditional digital services," STHoldings decided to withdraw its catalogue of more than 200 labels. In fact, of the 238 labels consulted on the decision, just four expressed a desire to remain with Spotify, et al. "As a distributor we have to do what is best for our labels," STHoldings explained, in a statement. "The majority of which do not want their music on such services because of the poor revenues and the detrimental affect on sales. Add to that the feeling that their music loses its specialness by its exploitation as a low value/free commodity." The distributor went on to quote one of its labels with a line that rhymes with "duck modify." In comparatively subdued response, Spotify said it respects STHoldings' decision, but still hopes that the labels "will change their minds." The Swedish company also contested STHoldings' study-backed arguments against it, claiming that it has "already convinced millions of consumers to pay for music again," and assuring that artists' revenue streams will "continue to grow." Read more about the study, the stats and the spat at the links below.
CBS music label inks deal with Apple
Like a phoenix rising from the ashes, CBS has launched, or more correctly relaunched, their long-forgotten CBS Records label. They've signed a deal with Apple Computer to sell music, videos and "other content" at iTunes. CBS Records, in its first life, was home to a pretty amazing stable of artists, including Frank Sinatra, Billie Holliday, Bruce Springsteen and Aerosmith. It was sold to Sony for a couple of billion dollars almost twenty years ago. Since then, "CBS Records" essentially ceased to exist. So why the renewed interest in music? CBS apparently wants to leverage their TV shows as marketing tools for the music industry. Nothing creates buzz quite so quickly or quite so well as a TV show promoting a particular artist or single.
