Morning Fix: SFX Enter Ticketing Biz with Paylogic Purchase; Where Indie Artists Make Their Money; Comcast-Spectacor COO Resigns

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SFX ENTERS TICKETING BUSINESS WITH $16.2 MILLION ACQUISITION OF EUROPE'S PAYLOGIC

In a continuation of its digital expansion, SFX Entertainment has entered into the live event ticketing business with the acquisition of European ticketing company Paylogic. SFX has purchased 75% of Paylogic for about $16.2 million. The ticketing company as a whole is valued at approximately $22 million.
Billboard.biz


WHERE INDIE ARTISTS ARE MAKING MOST OF THEIR MONEY

Independent artists have never had access to so many customers. A single distributor can get an artist’s music into digital services around the world. U.S. artists were getting Spotify royalties before the service was available stateside. Now they’re getting royalties from Deezer, Bloom.fm and other services not yet available in the States.
Billboard.biz


PETER LUUKKO, PRESIDENT, COO OF COMCAST-SPECTACOR, RESIGNS; DAVE SCOTT NAMED ACTING PRESIDENT

Peter Luukko, president and COO, of Comcast-Spectacor, the Philadelphia-based sports and entertainment company is resigning to “pursue other entrepreneurial activities,” according to a company release. Dave Scott, recently retired EVP and CFO for Comcast Cable, was named acting president.
Billboard.biz


IFPI’S FRANCES MOORE: THOM YORKE & DAVID BYRNE’S STREAMING CONCERNS ARE ‘OVERSTATED’

The IFPI’s CEO Frances Moore has weighed in on the for-and-against arguments over streaming music services, noting that subscription business models were still in their infancy and that the concerns from the likes of Thom Yorke and David Byrne were “overstated.”
Billboard.biz


DRM WAS A BAD MOVE: SALES FOUND TO INCREASE 10% AFTER DROPPING THE CHAINS (STUDY)

Digital rights management doesn't help the business of music -- at least according to a new study by a PhD candidate in Strategic Management at the University of Toronto named Laurina Zhang. Several years after the major labels removed DRM from their digital music files in 2009, Zhang, using data primarily from Nielsen SoundScan, analyzed 5,964 albums from 634 artists, "the largest random sample of albums collected for an empirical study."
Billboard.biz


AIMEE MANN WINS FIRST ROUND IN MEDIANET LAWSUIT

In July, Aimee Mann brought a noteworthy lawsuit over the possible existence of a massive amount of unlicensed music being streamed online. In the cross-hairs of Mann's multimillion-dollar legal claims was a company called MediaNet, originally backed by EMI, AOL, BMG and RealNetworks before being taken over by a private equity firm.
Billboard.biz


JUNIOR MURVIN, 'POLICE & THIEVES' REGGAE SINGER, RIP

Reggae singer Junior Murvin, whose signature song "Police and Thieves" became a hit on the British charts not long after it was covered by punk legends The Clash, died Monday at a hospital in Jamaica. He was 67.
Billboard.biz


QUEEN SIGN NEW DEAL WITH UNIVERSAL

Queen and Universal Music Group have renewed their partnership with a long-term deal covering a range of new projects from the band including rare and unreleased material and a film.
Music Week


GERMAN POLICE MAY USE A SONG RECOGNITION APP TO FIGHT NEO-NAZI MUSIC

Police in the state of Saxony have developed a smartphone app that identifies neo-Nazi music playing at social events or through internet radio stations.
Engadget


THE PC MARKET HAS SHRUNK BY 10% BECAUSE PEOPLE DON'T WANT NEW ONES

When 2013 officially comes to a close, PC makers will have sold 10.1% fewer PCs this year than they did in 2012 – the worst year on record, according to a new report by IDC.
Business Insider


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