Streaming Royalty Payments for Independent Labels Grow Expotentially in 2017

Arieh Berl
By
Arieh Berl
in
Industry
September 22, 2017

The numbers have spoken, and streaming numbers for independent record labels have skyrocketed in 2017. The announcement came from Merlin, a global digital rights agency founded in 2007 designated to support independent labels. Merlin announced that over the 12 months ending in March 2017, royalty payments to its 700+ clients in regards to streaming hit $353 million, which is a 52% increase from the prior year. Merlin and their clients account for about 12%  of the global digital music market.

 

Source: http://www.billboard.com/biz/articles/news/record-labels/7898285/streaming-royalty-payments-leap-for-indie-labels

Source: http://www.merlinnetwork.org/

Photo by Alex Blăjan on Unsplash

Arieh Berl

Hi, my name is Arieh. I am from Oakland, CA and love music. I graduated Northeastern University in 2016 with a degree in Music Business and Entrepreneurship. In my time in the music industry, I have been able to work at great companies with great people at Columbia Records, Spotify, Universal Music Group, Paradigm, and NPR. I love surfing, hiking, and producing music with great artists in my studio in Silver Lake

RELATED POSTS

Industry
Streaming Royalty Payments for Independent Labels Grow Expotentially in 2017
Industry
Lyor Cohen Reflects On His Time at YouTube, and the Tech Giant's Relationship with the Music Industry
Industry
Microsoft Is Shutting Down Groove Music -- How To Check For Mechanical Royalties Before It's Too Late
Every month nearly 1,000,000 tracks are added to the digital music ecosystem. See if you're missing out on any entitlements.