Morning Fix: U.S. Album Sales Hit Historic Lows; YouTube Courts Its Most Successful Creators; Patreon, Art Patronage Startup, Raises $2M; Ian Mackaye Agrees to Sell Minor Threat T-Shirts (But Doesn't Care) and Much More

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U.S. ALBUM SALES HIT HISTORIC LOWS

U.S. album sales have hit new historic lows over the last five weeks marking the longest consecutive stretch in the SoundScan era that the industry has gone without scanning more than 5 million units. In fact, in the last two weeks, album sales hit consecutive record lows. Which begs the question, is it the summer doldrums, streaming's rise, dwindling catalog sales or all three? 
Billboard.biz


YOUTUBE TO BROADEN SUBSCRIPTION OPTION, ADD ROYALTY-FREE SOUNDTRACKS FOR CREATORS

In an effort to make its platform more useful to its top creators, YouTube on Thursday announced it will soon open its paid subscription option to more video channels and give them tools to find out more about their viewers and message them directly. 
Billboard.biz


PATREON LANDS $2 MILLION IN VENTURE PATRONAGE

Freestyle Capital led the venture round, which also included investments from Charles River Ventures, Atlas Venture, Rothenberg Ventures and SV Angel. In addition, the tiny Menlo Park, Calif., startup received angel funding from Reddit Co-Founder Alexis Ohanian, Tyler Willis and Y Combinator Partner Garry Tan.  
Billboard.biz


EXCLUSIVE: MAKER STUDIO'S EPIC RAP BATTLES SCORES RIAA GOLD

The award is being bestowed to "Barack Obama vs. Mitt Romney", a video in the Epic Rap Battles series that is also available as a digital track download on iTunes and Amazon.com's MP3 store and through streaming services such as Spotify, Rdio and Xbox Music. But it was primarily the video's 71 million YouTube views that earned the song its Gold.
Billboard.biz


AUDIAM, TUNECORE CO-FOUNDERS JEFF PRICE AND PETER WELLS' NEW COMPANY, RAISES $500K FOR U.S. LAUNCH

Investors include Scott Schreer, the Chief Executive of TuneSat, Tom Cohen of PTC Advisors, serial entrepreneur Jonathan Siegel and Chris Woods, TuneSat’s Chief Operating Officer.
Billboard.biz


DISCHORD'S IAN MACKAYE AGREES TO LICENSE MINOR THREAT T-SHIRTS SOLD AT URBAN OUTFITTERS

The decision to sell the t-shirts came about because of the large number of bootlegged Minor Threat shirts that had been circulating. "It's fucking absurd the amount of bootlegs are out there [and] my time is better spent doing other things," the musician told the Washington City Paper. "It's not a political thing for me -- I just don't give a fuck about t-shirts."
Billboard.biz


TURNTABLE.FM UNVEILS FIRST ATTEMPT AT MONETIZATION

Social music service Turntable.fm has debuted its first attempt at monetization. Called Turntable Gold, it gives subscribers a premium level of service with features not available to other users.
Billboard.biz


OMNIVORE, RHINO TO RELEASE 'CBGB' SOUNDTRACK

Talking Heads, Television, Richard Hell & the Voidoids, the Dictators and other bands that played significant roles in the New York rock ‘n’ roll scene of the mid-1970s will appear on “CBGB: Original Motion Picture Soundtrack” that Omnivore Recordings will release on Oct. 8.
Billboard.biz


HOW THE HOT 100 BECAME AMERICA'S HIT BAROMETER

Perhaps it's the first week of August, 1958, when the top song in America was — the first No. 1 song ever on the Billboard Hot 100. The week Billboard launched what would become the premier singles chart in America, the list was led by the smooth-as-milk Nelson, acting the part of a player who'd met his match—bewitched by a woman who, it turns out, is even faster than he is.
NPR


MADONNA AND LADY GAGA ACCUSED OF BREAKING RUSSIAN VISA RULES

Russian officials are considering prosecution against Lady Gaga and Madonna after discovering they entered the country under incorrect paperwork.
Guardian


WHAT CAN SPOTIFY LEARN FROM NETFLIX AND HULU?

Can a service built on the completeness of its catalog survive if there are gaping holes in its collection? 
Hypebot


STOP THE PRESSES!

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