From Facebook’s new revenue-sharing deal with musicians to Joni Mitchell’s return, we’ve gathered the biggest music news stories of the week.
Buckle up, everyone! The final full week of July 2022 was a whirlwind of news and activity. Maybe it’s because we’re nearing the busy fall release schedule, but free time is in short supply. The industry needs this fall to continue its successful recovery from the COVID-19 shutdown, but rising sickness rates—not to mention concerns over the MonkeyPox—have some analysts concerned. As for you and I, our only option is to keep on keeping on. At least we have one another!
We cannot ease your workload or give you more hours in the day, but we can help you stay informed. Below you’ll find the biggest stories of the week, all covered by the best outlets in tech and entertainment. Click around, learn what’s happening, and use the weekend to prepare for the end of the month.
But let’s be honest. There is no way we can hope to cover everything that happens. If you see a headline we missed that people need to know, please do not hesitate to send james@haulix.com an email. We’ll include your links in the next update.
The Biggest Music News of the week:
Meta Unveils New ‘Revenue Sharing’ Model For Music Licensing
Meta announced today that creators on Facebook can now earn money through their Facebook videos that use licensed music. The company is launching “Music Revenue Sharing” to allow video creators to include licensed music in their videos on Facebook and earn a share of in-stream ad revenue. The company says this opens up a new way for both creators and music rights holders to earn money. Although creators have been able to use licensed music in videos, they haven’t been able to monetize them until now.
With this new feature, whenever a creator uses licensed music in their videos on Facebook that are 60 seconds or longer, they can earn money on certain videos through in-stream ads. Creators will receive 20% revenue share on eligible videos, with a separate share going to rights holders and to Meta, though the company declined to share specifics.
Meta says Facebook Reels are not eligible for monetization through Music Revenue Sharing at this time. It’s possible that the company may expand Music Revenue Sharing to Reels in the future.
HarbourView Equity Acquires Country Catalog From Brad Paisley, Lady A
HarbourView Equity Partners, the global alternative asset management company founded by Sherrese Clarke Soares, has acquired the recorded music rights catalog of country star Brad Paisley and the publishing catalog of multi-Platinum band Lady A.
Paisley is one of the genre’s most decorated solo artists. Over the past 20 years, Paisley’s songwriting and showmanship have won him numerous awards, including three Grammys, two American Music Awards, 14 CMA Awards and 15 ACM Awards, among others. A member of the Grand Ole Opry since 2001, Paisley has written 21 of his 24 No. 1 hits, and became the first artist to achieve 10 consecutive Billboard Country Airplay No. 1 singles, amassing nearly 4 billion on-demand streams throughout his catalog.
Since their debut over a decade ago, Lady A has ushered more than 18 million album units, 34 million tracks sold, nearly five billion digital streams and 11 No. 1 hits. The trio, which consists of Hillary Scott, Charles Kelley and Dave Haywood, earned the biggest first week streams of their career with their No. 1 album Ocean. Known for their 9x Platinum hit “Need You Now,” which is the highest certified song by a country group, they have earned CMA Vocal Group of the Year trophies three years in a row, as well as five Grammy awards, Billboard Music Awards, and more, and were recently inducted as members of the Grand Ole Opry.
Since launching nine months ago, HarbourView has acquired over 35 catalogs to date. Paisley and Lady A are the first publicly announced catalog transactions in the country genre. Other catalogs HarbourView has acquired include Hollywood Undead, Dre & Vidal, and Luis Fonsi.
All Instagram Videos Shorter Than 15 Minutes Are Now Reels
It’s not easy being one of the world’s biggest social media platforms. You’ve got to keep tweaking the formula to stay relevant for new audiences and against new competitors, but every change risks alienating some of those who use the app. Instagram’s been alienating stills photographers for some time buy betting big on video – particularly its TikTok-inspired Reels. But the social media giant has clearly decided this is where its future lies.
It’s just announced a raft of updates for Reels, which is going to make them even more ubiquitous. Almost all video posts will now automatically be shared in the Reels format whether users like it or not. And, unless you opt out, people will be able to use any of your public posts (including still images) in their own Reels. If you’re a creative who uses Instagram to promote your work but haven’t yet adopted Reels, now might be the time to get started with our Instagram Reels tutorial. Or if you’ve decided that you’ve had enough altogether, see how to delete an Instagram account.
Apple Music Announces Student Plan Price Increase
Apple Music has raised the subscription price of its student plan in the US, UK, and Canada, as first reported by 9to5Mac (via TechCrunch). While it’s increasing the price from $4.99 to $5.99 / month in the US and Canada, student users in the UK can expect a similar jump from £4.99 to £5.99 / month.
Apple hasn’t acknowledged the changes yet, but the new pricing information is currently available on Apple Music’s webpage. Students subscribed to Apple Music have also started seeing the price increase on their iPhones and iPads’ subscription pages. It’s unclear when exactly Apple implemented these changes, but, as 9to5Mac points out, it was likely rolled out sometime between June 21st and the 23rd — an archived Apple Music webpage shows the old £4.99 student price on the 21st.APPLE QUIETLY UPPED THE SUBSCRIPTION PRICE FOR STUDENTS ACROSS SEVERAL COUNTRIES IN MAY
Apple Music’s student plan, which is reserved for those enrolled in a college or university, was previously the most affordable full-featured plan on offer. Pricing for the $9.99 / month individual and $14.99 / month family plans remain unchanged, and the same goes for the $4.99 / month voice plan. While students might look to the voice plan as a way to save an extra buck, it offers more limited access to Apple Music, as you can only control it through Siri.
Some of the celebrity guests at Joni Mitchell’s private hootenannies have sworn that she has been an enthusiastic participant in the living room sessions in her Santa Barbara-area home. But until now, most fans had to take these reports on faith. At the Newport Folk Festival on Sunday, an all-star Mitchell tribute concert proved to also include a surprisingly full-scale return to public singing by the star herself.
The 13-song “Joni Jam” had Mitchell getting by with a little help from guest vocalists Marcus Mumford, Celisse, Wynonna Judd, Taylor Goldsmith of Dawes and the organizer of the set, Brandi Carlile. But Mitchell was clearly the vocal star of the set as she took on numbers from classic originals “Both Sides Now,” “Big Yellow Taxi” and “The Circle Game” to a few of her favorite songs: “Why Do Fools Fall in Love,” Gershwin’s “Summertime” and “Love Potion #9.”
While seated for most of the set — as were those around her, in an ensemble that also included Lucius, Allison Russell, Blake Mills, Shooter Jennings and Phil and Tim Hanseroth — she and the others stood for moments like an extended bit of guitar playing she did on “Just Like This Train.”
