Chicago Is Adding an Extra 9% Tax to Streaming Services

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Streaming services have another hurdle to face in terms of customers adoption.

Chicago is now tacking on an extra 9 percent “electronic amusement tax” to streaming services such as Spotify, Apple Music, and Netflix.

The city’s amusement tax covers purchases at book stores, record stores, etc. Now Chicago is looking to capitalize on that tax even though more customers are moving to digital purchases.<!–/*
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Nina Ulloa covers breaking news, tech, and more: @nine_u

Photo from Flickr by Marissa used with the Creative Commons License.

The post Chicago Is Adding an Extra 9% Tax to Streaming Services appeared first on Digital Music News.


Source: Industry News

Check Out SoundCloud’s New 40,000 Sq. Ft. Manhattan Office Space…

What massive copyright infringement lawsuits?

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Total square footage: 43,600

Lease term: 5 years

Exact Address: 50 W. 23rd Street, Flatiron District

Floors: 9 & 10 (full)

Landlord: Two Trees Management Co.

Price Tag: $72 per sq. ft., or $3.14 million annually.

(price per Two Trees, in comments to the Commercial Observer).

And for more startup office porn, check out SoundCloud’s 4,000+ square meter office-plex in Berlin.

The post Check Out SoundCloud’s New 40,000 Sq. Ft. Manhattan Office Space… appeared first on Digital Music News.


Source: Industry News

Executive Shuffles: Pandora, ASCAP, UMPG, Capitol Music Group, Sony/RED…

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Pandora has named Shamal Ranasinghe VP of Product Management, Artists and Music Makers. Ranasinghe co-founded Topspin and Fluence.

The ASCAP Foundation has promoted Colleen McDonough to Executive Director. McDonough replaces Karen Sherry, who retired after 17 years.<!–/*
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Universal Music Publishing Group has promoted Randi Olsen to SVP of Income Tracking and Analytics. Olsen was previously UMPG’s VP of Income Tracking.

Sony/RED Distribution has promoted Ellena Osis to Sr. Director of Radio Promotion, according to All Access. Osis will continue to direct AAA projects.

 

Nina Ulloa covers breaking news, tech, and more: @nine_u

The post Executive Shuffles: Pandora, ASCAP, UMPG, Capitol Music Group, Sony/RED… appeared first on Digital Music News.


Source: Industry News