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Will the industry fix its ‘YouTube Problem’ in 2016?
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YouTube’s contracts with major labels Warner Music Group, Sony Music Entertainment, and Universal Music Group are all about to expire, or already expired, according to reports and sources this morning. In a report late last night, the Financial Times noted that YouTube is girding for a ‘showdown’ as each of these labels are preparing to radically shift the terms of their low-paying deals.
The deals are ending ‘within months,’ which active negotiations over how to change future compensation. “Over the coming months, Universal Music Group, Sony Music and Warner Music are each due to negotiate new licensing deals with the Google-owned video platform,” the Times notes. “None of the three music companies has commented in public, but each appears keen to ‘reset’ its relationship with a service that has, to date, paid them relatively little for their content.”
Separately, Music Business Worldwide has reported that YouTube’s contract with Universal Music Group has already ended, with tense discussions happening on a floating deal.
the source
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Usher And Yuna Perform 'Crush' At Roots Picnic
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Usher and Yuna teamed up at The Roots Picnic 2016 for a performance of "Crush," their collaboration off of her latest album. The duo performed the emotional track while the Roots backed them up on stage. "Crush" is the second single off of Yuna's third studio album Chapters, which was released in May via Verve Records.
"So grateful that Usher and The Roots invited me to perform 'Crush' during his set at The Roots Picnic 2016, Penn's Landing, Philadelphia," said Yuna.
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Billy Joel Sits In With His Own Tribute Band
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Billy Joel fans in attendance to see tribute band Big Shot got the surprise of a lifetime when Joel himself sat in with them for a few songs. Newsday reports that Joel had been sitting in the VIP section with his wife when he came down onto the stage midway through Big Shot's set at the Paramount in the Long Island town of Huntington, New York.
"We were so surprised," said Christi Battaglia, who was in the front row.
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Jon Bon Jovi Surprises Cancer Patient In New Jersey
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Jon Bon Jovi surprised one deserving fan with cancer following a viral message campaign on social media. The rock icon made a special stop by a New Jersey restaurant to visit the fan, who has been a lifelong follower of the band. "This is my mom Carol Cesario. The most loving and caring person you will ever meet. She has stage 4 lung cancer."
"You have no idea what this meant to us. This is a day we will never forget. Thank you so much for these memories with our mom and her Bons."
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Keith Richards Doc To Air On BBC
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A new documentary about Keith Richards is set to hit TV screens this month. The doc focuses on the early years of the legendary Rolling Stones guitarist. The film is set to be broadcast on the BBC as part of a series of shows investigating the swinging '60s. The hour-long documentary is titled Keith Richards - The Origin of the Species and focuses on the rocker's youth.
"I felt a new way of living emerging, a new kind of person becoming possible — something I wanted to be a part of," he said. "And without a doubt I thought Keith Richards was the origin of the species. This film sets out to explore how both he and the '60s in England came about."
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Wiz Khalifa Releases 'Wit The Kids'
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Wiz Khalifa released his new track, "Wit The Kids" last Thursday. The song is themed around peace and love. It features audio clips of Ronald Reagan speeches in the beginning and throughout. The song was released the day after Wiz and Snoop Dogg kicked off their The High Road summer tour. "Wit The Kids" marks the fourth single Wiz has released since June.
The new track is produced by Ricky P, who founded the independent record label, "Taylor Gang Records." He is the in-house producer for Wiz Khalifa.
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Red Hot Chili Peppers Cover Jane's Addiction At Lollapalooza
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Red Hot Chili Peppers paid homage to their fellow Los Angeles contemporaries, by covering one of their tunes. At the Chicago Lollapalooza festival, Chili Peppers guitarist Josh Klinghoffer performed a solo rendition of "I Would For You" before segueing into their own hit "Under the Bridge." Jane's Addiction first released "I Would For You" off of their eponymous live album.
Jane's Addiction lead singer Perry Farrell conceived and created the Lollapalooza festival in 1991. The festival has primarily been an alternative rock festival, but has also featured punk, metal, hip-hop acts, among other genres.
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