What if artists have been thinking about streaming revenues in the wrong way? Steve Aoki thinks we should be thinking of streaming revenues as a type of “pension plan” for musical artists. In other music industry news from last week, Beats Music gets an official date of closure, Apple Music launches on android, Jean-Michel Jarre issues a statement on behalf of CISAC regarding the tragic events that took place last week in Paris, and a French photographer’s concert photos from the Eagles of Death Metal show that was attacked last week are released.
Steve Aoki is full of ideas. His latest is less of an idea and more of an interpretation. In an interview with CNBC’s Andrew Sorkin, Aoki calls streaming revenue his “pension plan.” It’s an interesting take on streaming revenue, which for some artists isn’t enough to survive, but for others is a vital source of capital. Listen to the whole interview over on Billboard.com/biz.
Beats Music will officially cease to exist as of November 30th. This was always likely to be the fate of Beats Music after their acquisition by Apple, but now it’s a concrete fate. TechCrunch has a great write up about why it’s happening, and what how Apple made the decision.
As Beats Music shutters its doors, the app that replaced it launches on a whole new platform. Apple Music has launched on android, and it’s kind of a big deal. Read about it on The Guardian:
French photographer Manu Wino was at the Bataclan on the night of the deadly attacks in Paris. His photos of the Eagles of Death Metal show that night depict a concert 15 minutes before disaster. Check out the photos here:
Jean-Michel Jarre, French composer and president of CISAC (Confédération Internationale des Sociétés d’Auteurs et Compositeurs, or International Confederation of Authors and Composers Societies) has issued a statement on behalf of CISAC in regards to the attacks on Paris, and specifically the tragic events that took place at the Bataclan:
Once again France has been the target of terrorist attacks that have hurt innocent civilians who were simply taking part in a concert, listening to music, watching a football game, or simply enjoying themselves at the terrace of restaurants.
A huge toll was paid by concert goers at the Bataclan. We are deeply affected by this attack that touches us in the deep of our souls. Music is the greatest link between people. Music knows no boundaries, no race, no religion. But, obviously, that was not the way those who enacted those horrible crimes viewed it.
On behalf of the four million creators represented by CISAC members, I would like to offer my deepest condolences to the families of those who perished in Paris. I am also convinced that these events will not alter the resolve of those who believe in our core values: tolerance, freedom of speech and freedom of creation.
– Jean-Michel Jarre, Composer and CISAC President