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Digital Media Digest: March 2020

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What the death of iTunes says about our digital habits; A music artist says Apple Music pays her 4 times what Spotify does per stream; Top of the flops: is streaming rendering the charts obsolete?; Now you can listen to Philadelphia Orchestra performances free on demand; New media gets new audiences into an old art form; RNZ board backs down, Concert to stay on FM; TikTok revenue surges 310% to $50MM in Q4; SiriusXM celebrates 34.9 million subscribers — but won’t disclose Pandora numbers; US-based music streams cross 1 trillion in 2019, up 25% over 2018; Amazon claims more than 55 million music streaming users; YouTube has more than 20 million paying subscribers — music subscriber numbers remain elusive; Spotify reaches 124 million premium subscribers — but quarterly losses top $85 million; Apple music has been quietly expanding its preferred distributors list; YouTube is testing ‘Applause,’ a way for viewers to directly donate to creators; Time for a DMCA overhaul? congressional hearings commence on Capitol Hill; RPO research shows increased interest in orchestral music among young people; End of an era — CD Baby is shutting down its online music store; Spotify steps up its concert listings with resident advisor partnership; 2019’s US-Based streaming music market was larger than the entire recorded music market in 2017

Orchestra Boardroom: March 2020

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Dear Colleague, As you are no doubt aware, Congress is in final negotiations today on the terms of a third COVID-19 relief package. The League of American Orchestras has been a leading partner across the arts and nonprofit sectors in Washington, D.C. and nationwide to ensure federal relief is available to the arts and culture sector and its workforce.

COVID-19, Concert Cancellations, and Congressional Action

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Community by community, the impact of COVID-19 is variable and rapidly changing. As Congress and the Administration consider new forms of federal economic assistance that may be targeted or widespread, orchestras can join others in the arts and nonprofit sectors that are speaking up to ensure that relief will meet all community needs.

Federal budget repeats recent history, proposing elimination of NEA

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With bipartisan support from Congress, the National Endowment for the Arts (NEA) received an increase for fiscal year 2020 for a total funding level of $162.25 million, while the Assistance for Arts Education (AAE) program fund at the U.S. Department of Education actually received a $1 million increase for a total funding level of $30 million.

Federal budget repeats recent history, proposing elimination of NEA

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With bipartisan support from Congress, the National Endowment for the Arts (NEA) received an increase for fiscal year 2020 for a total funding level of $162.25 million, while the Assistance for Arts Education (AAE) program fund at the U.S. Department of Education actually received a $1 million increase for a total funding level of $30 million.

Reminder! IRA Rollover is a key giving incentive

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Many orchestras have received significant new contributions since the IRA Charitable Rollover provision was made permanent in 2015, allowing individuals age 70-1/2 and older to make direct, tax-free transfers of up to $100,000 per year (up to $200,000 for married couples) from their Individual Retirement Accounts (IRA) to qualified charities.