Music Business Roundup: TIDAL Launch, Beats Payouts, & More

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Each week on Songwriter U, Songspace recaps the top stories in the world of music business. Here’s everything you need to know from the week ending on March 27th.

Jay Z’s TIDAL Prepares for Official Launch
The streaming service purchased by Jay Z for $56 million earlier this month has announced that it is running in 31 countries. TIDAL will officially launch on March 30, and it already contains many popular works including most of Taylor Swift’s catalog and the new Kendrick Lamar release – likely due to its $19.99 a month price point.
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Beats Trumps Spotify In Payouts
An artist has reported his payout amounts received from Beats, Apple’s recently bought streaming service. According to the report, Beats pays out an average of 1.801 cents per stream, which is much higher than Spotify’s 0.428 cents per stream.
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SESAC & ReverbNation Partner
The PRO SESAC has announced a partnership with the artist platform ReverbNation. They will use it to help their discovery program called CONNECT, and artists chosen will be invited to join SESAC.
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Letter From Songwriters
An interesting letter was posted from songwriters and publishers around the globe asking the National Music Publishers Association to seriously consider their request to let the writers themselves decide if they want to withdraw from ASCAP and BMI. Essentially they want to be a part of the discussion and make sure that songwriters are also being heard.
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Rdio Adds 20 Stations
Rdio has added twenty new label curated stations to their service. With labels such as Warner Music Nashville and Def Jam on board, listeners can hear music picked by each label, showcasing what they are focusing on at the moment.
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