Take that Taylor Swift! One Direction's new "Four" continues to break records on Spotify. "Four" had the biggest first-week in the U.S. for 2014, which also sets a record for most 1st week streams in (Spotify) history: 11.6 million in the U.S.
Martin Varsavsky, Founder & CEO of community WiFi network Fon has been named a keynote speaker at next year's Midem conference, where he will offer his views on the future of convergence and new collaborations between the creative industries and digital technology. The world's largest international music conference, Midem has moved from its traditional January slot to a new time of year in 2015 - June 5-8 in Cannes, France.
We talk endlessly about royalties, which is really a way of talking about centralization — giving power to a service or organization and asking them to sort out the model that pays people. Centralization will always lead to a system that can be gamed. Anything less than every participant acting altruistically means things go funny. And the truth about our world is that things always go funny. In art as in business there are ebbs and flows of power. In those tides decisions are made and people find ways to break models to their own advantage. A break is a break whether it comes from Thom Yorke or Taylor Swift — let’s take them their word that they’re after a greater good — or if it happens when a major label demands equity. Things collapse and people can get hurt.
Just when we thought he'd joined the 21st century, Prince has pulled his profiles off both Twitter and Facebook. Sometime between Monday and Tuesday, Prince's @3rdEyeGirl Twitter account and his Facebook pages suddenly went dark. As has been the case for month's, virtually all of Prince's videos are also absent from YouTube and Vevo. Only "Breakfast Can Wait" was up on Vevo af of Wednesday morning.
We live in an age where feedback can be garnered easily for musicians. Artists can post a song on YouTube and ask people to comment, rate and subscribe. Artists can send out tweets to check out a new song and get intstant feedback. But how do we quantify feedback on those platforms? How do we make sure that our songs are being heard by the right people that can give the best feedback? Brian Hazard has done leg work to give a comprehensive look on websites designed to give musicians the feedback that they are looking for in their music.
Record Store Day will be holding their fifth annual Black Friday event on Friday, November 28th. There is not an incomprehensible list of sale items being broadcasted as you've likely seen or experienced throughout this week in nearly every medium imaginible. Rather, in an effort to remove commercialized chaos from the experience, Record Store Day's Black Friday Event will offer limited edition exclusives and small-run speciality items to consumers who seek and appreciate the rarity and value of such pieces.
People are just not willing to pay for music anymore. According to IFPI (International Federation of the Phonographic Industry), recorded music revenue peaked at $38bn worldwide in 1999, collapsed down to $16 billion (2011), edged up somewhat the year after, only to fall back down again to $15bn last year (2013).Total recorded music industry revenues in 2013 were less than half of their 1999 peak. Less artists are getting record deals, labels don't have as many resources to promote artists, and most artists don't earn nearly what they used to. Although the most successful artists still live lives of luxury, the music industry doesn't have the same glamourous, rockstar perception that it once did.
As 2014 comes to a close, musicians can find little to be optimistic about. The decline in sales continues and it appears that the only album that will have platinum sales this year will be Taylor Swift’s 1989. By this time last year, we had only five platinum releases and according to some, none of them would have been in the top 10 sellers just a decade earlier.
The musician's life isn't always glamorous. But the average fan doesn't have an understanding of what that life is really like – and they're often eager to find out. Sharing your story by blogging can help build a lasting fan relationship. None of this has to be complex; a few good sentences or a photo that offers insight into who you are and what you're doing will keep your fans interested whether or not you're releasing new material.
There has been a significant amount of industry chatter surrounding the abandonment of the national release day in order to make way for a globally unified release day. Retailers and independent labels are in agreement that a global release day may be in the best interest of the music industry as a whole, but are pushing for a reconsideration of the proposed global release day falling on Friday. Worried that a Friday release could cause the industry to incur unnecessary additional costs, and ultimately defeating the purpose of approaching releases globally, the following organizations are endorsing a Monday global release day.
Spotify released its 2013 financial report which showed both rapidly growing revenue and significant net losses. Revenue grew 73% from 2012’s €430.3 to €746.9 million or $931 million USD last year. But losses also rose 16% to $116 million in 2013. The new report covers global results for all territories including the UK and France, both whom recently reported that their global operations were in the black.
Way back when you signed up to create your YouTube channel, the name you wanted may have been taken, or your band name, startup moniker or branding may have shifted since then. You were stuck with that fan confusing URL, until now. YouTube is offering creators with 500 or more subscribers custom URLs.
My social media feeds are full of rants (and often snarky comments) from frustrated people in the entertainment industry. What worked so well for many years suddenly doesn’t seem to work anymore. Distribution of music has never been easier (Soundcloud, BandCamp, Spotify, Rdio, Pandora, etc.) and there are more publications, magazines, and blogs than ever before. Why, then, is it so difficult to secure artists and brands the exposure they deserve?
Billboard album sales will now incorporate streaming and digital sales data. The Nielsen entertainment company has developed an algorithm that tracks not only album sales but streams and single track downloads. This change in the Billboard 200 charts is very crucial for artists that may not be selling albums in their entirety but still getting millions of streams and selling single tracks. It will be equating 10 digital track sales from an album to one equivalent album sale, and 1,500 song streams from an album to one equivalent album sale. The updated chart will premiere Thanksgiving week.
Today more artists than ever before are making a living touring original music. Many small and mid-sized venues are thriving, and creative acts are finding new and intriguing ways to expand their reach beyond their local scene. Thanks to dozens of new technological tools, bands are finding it increasingly easy to find an audience – but coaxing the necessary dollars out of the wallets of your adoring public is still a challenge, and filling up the tank of your beaten-up tour van isn’t getting any cheaper.
On November 12, New York Is Music partnered with NYS Assemblyman Joseph Lentol to host a roundtable discussion focused on the coalition's first initiative: gaining support for the passing of the Empire State Music Production Tax Credit. The bill was introduced by Assemblyman Lentol in hopes of rejuvenating the Empire State's increasingly lackluster music industry scene. The bill would allow businesses as well as individuals recording and/or producing music a 20% ($60 million) income tax credit on expenditures relevant to music creation. The roundtable discussion drew many of New York's finest industry leaders all of whom helped the coalition make significant progress toward their goal of seeing the bill through to implementation.
Audio recordings can easily be distinguished by their quality. If you have the same person record the same thing in two different setttings, the end result can be drastic. External factors like outside noises can harm the recording. In addition, if an audio engineer does not have the correct skills to make the recording sound as best as it can, the final product can be unpolished and unprofessional. Chris Meloni has learned a thing or two about this and shares his knowledge with us today on MusicThinkTank.com
Once only available to major players, direct deals with digital broadcasters and services are starting to trickle down into the music indie sector. The latest defection from SoundExchange is indie music and film distributor The Orchard, who announced the move in a letter to its artists and labels. Some of the better know labels distributed by The Orchard include Cleopatra Daptone, Eclipse, Frenchkiss, Purenoise, Nuclear Blast, Sesame Street, TVT and Shoot to Kill Music
T-Mobile today added 14 streaming music apps, doubling the services eligible for its data-free Music Freedom program. While not exactly popular with net neutrality advocates, T-Mobile says their "streaming doesn't count against your data plan" service is a big hit with subscribers.
Bandcamp is a platform I came across by accident in 2008. A platform I was seeking nonetheless, by asking everyone around me “Why isn’t there a way to sell music directly to fans easily in a way that makes sense?” A colleague had mentioned a platform with the name Band in it. I googled like crazy until I landed on Bandcamp (only to find out later the colleague had been referring to something else altogether). I emailed the contact on the site and instantly receive a response from Bandcamp’s founder, Ethan Diamond. Ethan had built a platform because he too was frustrated with how to compensate the artists he loved directly. Similarly, his musician friends were equally frustrated. Thus, Bandcamp was born.
Touring is essential to a band's success. In an age where music is easily pirated and consumers have shorter attention spans, going on tour can be one of the best ways to reach your fans and stay relevant. However, most musicians do not have the luxury of having personal assistants keeping their lives afloat while they are playing gigs every night. In most cases the little details of life can fall through the cracks when you are on the road. Cherie Nelson understands this plight, and gives practical ways to help streamline those tasks.
Last week, in response to mounting pressure from the European Union (EU), the Federal Trade Commission (FTC), and disgruntled customers - Apple traded in the word "FREE" for "GET" in the App Store. Prior to the shift in language, apps available for free download were listed as such - but in an effort to clarify the potential for eventual payment, Apple took the suggestion offered by the EU and FTC in September and implemented it in the United States.
It was not your typical acceptance speech from music's latest carefully scripted darling at last night's American Music Awards. Taylor Swift chose to use part of her precious podium time to defend the album and the value of music:
A performance agreement is a deal that you, the performing artist, strike with a promoter or venue owner (also known as the purchaser). While you can have a verbal agreement, a written agreement – even in an email – containing the essential terms may help avoid potential conflict or getting screwed over by the purchaser, and may prove to be more helpful in enforcing the agreement.
Live Nation Entertainment announced that Phil Seward has been hired to serve as the senior vice president of relationship and loyalty marketing. Seward is a marketing veteran who has held executive roles at a number of firms, most recently leading the customer loyalty team and the Elevate frequent flier program at Virgin America.
It was not a great night for upstarts at last night's American Music Awards. Despite four nominations, Lorde went home empty handed and Iggy Izalea's six nominations netted just two awards. But ddespite being one of the few major nominees not to perform last night, Katy Perry tied with One Directions to win the most trophies - three each.
Full List Of The American Music Awards 2014 Winners: