Google Ventures’ new London arm is making its first investment by leading a $60 million Series C funding round for Kobalt, a music rights management services firm that could help the next Taylor Swift build wealth.
Casey Rae, Georgetown University communications professor and CEO of the Future of Music Coalition, said Kobalt has “demonstrated leadership around how the music industry can function with greater efficiency and transparency.” read more
The music community is largely in favor of the new rules, approved 3 to 2 along party lines. Future of Music CoalitionCEOCasey Rae calls it “an incredible moment” for artists and independent labels who want access to consumers without internet service providers favoring big players like Google’s YouTube.
Seems like everybody has something to say about the FCC’s net neutrality vote today. Here’s an edited sampling, which we’ll update throughout the day. […]
Future of Music CoalitionCEOCasey Rae:
“This is an incredible moment for so many artists and independent labels who fought to preserve an open and accessible Internet for almost a decade. Creators of all political persuasions and backgrounds embody the very spirit of what net neutrality supporters have sought to achieve in this fight: the ability to compete on a level playing field without discrimination from just a few powerful ISPs.”
For everyone who cares about the future of an open Internet, today is a day of celebration. The Federal Communications Commission’s vote for net neutrality will not only allow today’s startups to compete and grow and create new jobs, it will also allow future generations of innovators to develop world-changing technologies that we can’t yet even imagine.
That’s not something I thought I’d ever say about the bureaucrats at the Federal Communications Commission.
After years of cronyism, corruption and cowardice, Thursday’s vote for strong Net Neutrality rules at the FCC is unexpected if not unprecedented.
Credit FCC Chairman Tom Wheeler for listening to his critics and changing his mind about how to best protect the open Internet. Praise President Obama for using his bully pulpit. Thank John Oliver for coining the memorable phrase “cable company fuckery.” read more
Musicians, Democrats among those celebrating victory; Republican legislators, AT&T, Verizon, the consumer electronics industry plan next steps to fight regulation
The FCC’s net neutrality decision quickly drew laurels and brickbats from Netflix, legislators, consumers and internet providers.
Apple co-founder Steve Wozniak was caught on camera applauding following the vote and posted on Twitter that he “had to be there.”
“This is a victory for the people … the consumers, the average Joe’s against the big suppliers who have all the power and the wealth and make the decisions for them,” Wozniak told Bloomberg TV. “They feel hopeless and helpless. I see it as an indication that the people can sometimes win.” read more
In two days, the Federal Communications Commission is scheduled to vote on a number of sweeping internet regulations, which will regulate internet service providers as public utilities. They’ll also set standards on connection speed and pricing, and they’ll generally prevent internet users from being at the mercy of internet service providers. The measures are expected to pass by a partisan 3-2 vote, thanks largely to FCC Chairman Tom Wheeler, who’s recently come around on the net neutrality issue. Various Republicans are trying to stop or delay the vote, but the Future Of Music Coalition, a musician-advocacy nonprofit, recently posted an open letter in which a number of artists announce their support of Wheeler and of net neutrality.
On Thursday the FCC will vote on the future of the internet in the US, which also includes the future of internet radio in all its forms. The five commissioners will weigh in on Chairman Tom Wheeler’s Open Internet proposal at the Commission’s February open meeting.
Even if Pai and O’Reilly both vote “no” on Thursday, Wheeler will probably get the assent of his two fellow Democrats for a 3–2 win. read more
Neutral Milk Hotel’s Jeff Mangum and Astra Taylor and Michael Stipe, Peter Buck, Mike Mills and Bill Berry of R.E.M. are among the dozens of musicians who signed an open letter to Federal Communications Commission Chairman Tom Wheeler in support of net neutrality.
They argued that, without net neutrality, artists won’t be able to distribute their work online without big corporations that pay Internet service providers for bandwidth.