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Why Subscriptions Could Insulate the Music Market in 2020

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Sales have plummeted as brick-and-mortar retailers encounter mandatory closure orders -- but streaming services may keep artists and labels afloat.

In a chaotic first quarter of 2020, monthly subscription fees are providing rights owners and creators with a predictable flow of royalties that helps insulate them from financial shocks.

Of course, royalties will fluctuate if subscribers temporarily or permanently cancel their accounts at Spotify, Apple Music or other ad-free digital services.

But in the economy of the coronavirus era, rules for social distancing are primarily hurting purchases of digital downloads, CDs and LPs, not streaming services.

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Founder of Philly Fighting COVID agrees to destroy personal health data collected during clinic debacle
Andrei Doroshin PHILADELPHIA - A graduate student in psychology whose COVID-19 vaccine operation got shut down by Philadelphia last year has settled with the state attorney general's office and agreed to destroy all personal health information his start-up gathered.The agreement was filed Friday in Commonwealth Court and requires a judge's approval to take effect.Central to the accusations against Andrei Doroshin, who had almost no public health experience when the city gave him the task, was that he had intended to profit from the vaccine operation run by his start-up, called Philly Fighting COVID.Mayor Jim Kenney says Philly Fighting COVID was a mistake after the Inspector General found no malice, no ill-intent, and no one seeking personal gain.Doroshin denied the allegations by the attorney general's office, including violating the state's nonprofit corporation law.Under the agreement, Doroshin and his associates are barred from managing charitable assets or soliciting charitable donations in Pennsylvania for 10 years.Doroshin also must destroy the personal health information gathered through the vaccine pre-registration service and is barred from receiving any financial benefit from the information or the vaccine.Doroshin must also dissolve Philly Fighting COVID.City officials said they gave him the job because he and his friends had organized one of the community groups that set up COVID-19 testing sites throughout the city in 2020.But they shut the vaccine operation down once they learned that Doroshin had switched his privacy notice to potentially sell patient data.
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