Spotify is reportedly in talks to raise an additional $500 to $600 million in funding which could delay a rumored iPO until 2016. The new investments would put the total funds raised by music streamer at more than 1$ billion.
When a fan visits your band’s website, you don’t want them to have the same reaction as the in the thumbnail (be sure to check out the video at the bottom of the post). Your website should be a place fans enjoy visiting to get your latest news, hear your latest music, watch your videos, and shop from your online store. Here are some things to avoid that could be turning fans away from your site for good:
Can musicians "save" a broken music industry? More than on successful artist turned entrepreneur certainly intend to try. Following in the footsteps of Dr. Dre (co-founder of Beats) and Neil Young (founder of hi-def music service Pono), Jay Z is set to become the latest musician-mogul to own a digital music service thanks to his $56 million bid to acquire Aspiro, the Scandinavian company that owns streaming music service WiMP and its hi-def audio cousin Tidal.
No music industry story has gotten more play in the last week than Zoe Keating's struggle with YouTube. After the independent musician shared her conversation with YouTube over a new agreement that would keep her from monetizing her content if she did not agree to new terms that included involvement in YouTube's Music Key paid service, a compant spokesperson called Keating's concerns "patently false."
Guest Post by Jason Hobbs CEO and founder of found.ee
For the ever-changing music industry, the desire to understand where ticket sales are coming from has grown exponentially over the past couple of years, and for legitimate reasons. Understanding sales paths—or what we call attribution—is necessary to not only increase immediate sales, but it’s also necessary for understanding the behavior of a festival fan that purchases tickets, so that you can develop future campaigns more effectively.
Rightside, a provider of domain name services has added .BAND domains to the global music industryas the fourth new Top Level Domain (TLD)..BAND is geared to both emerging and mainstream artists, industry influencers and online music services. The new domain aims to provide access to a bigger audience and differentiation from an otherwise saturated market.
Rap music has grown to be one of the most beloved genres of music. Over the years, rap has evolved to reach people of different nationalities and backgrounds. In recent years, rappers in Germany are selling more records than their US counterparts. What is the secret to their success and how can you build that buzz for your next album? Lukas Caminzindshares in this article tips to create buzz for your next album just like the Germans.
I don’t need a publishing administrator because I’m already affiliated with ASCAP right? Don’t these two entities perform essentially the same function? Actually, they perform very different functions, but work together to achieve the same simple goal; getting you paid. But what does a Performing Rights Organization (PRO) actually do?
It’s no stretch to say 2014 wasn't SoundCloud’s finest hour. High profile defections, disappointing app releases, allowing labels to unilaterally kill tracks... oh my! These actions certainly raise an eyebrow, but we at GEOclubbing wanted to look beyond the buzz to see how SoundCloud usage is actually trending in line with recent news.
I had a chance to talk with Adam McCants from The Music Bed on a recent podcast, and he gave me the raw scoop on how to get your music licensed. Adam works with major licensing opportunities every day and The Music Bed library gets over 2 million views a month, so I was very interested in what he had to say.First, he stressed that artists need excellent production quality.
The 2015 Juno nominees were announced on Tuesday with Canadian reggae-pop group Magic! leading the pack with 5 nominations, including for Single of the Year, Breakthrough Group of the Year, Songwriter of the Year, Pop Album of the Year.
Merchandise is a fun way not only to make some cash for your band, but also further express your band's branding outside of songwriting and album art. With touring, writing, and performing, however, merch usually takes a backseat to some of the more pressing tasks. Therefore, a band's merch table usually ends up looking pretty standard: a few T-shirts, a bumper sticker, maybe a keychain if you're feeling fancy. One thing's for sure: whenever you're generating your marketing, release, or tour plan, your merchandise should be an integral part of your overall strategy.
SoundExchange released it's 2014 year end numbers this morning, revealing a new record for the company of $773 million in royalty payouts to recording artists and record labels. 2014's total payout is up 31% from the $590 paid out to artist and labels the year prior. The fourth quarter of 2014 also brought with it a significant increase in distribution with more than 38,000 payouts totaling approximately $183 million.
By John Kohl, Leader and Founder of music discovery platform TuneGO.
Recent discussions around automation are centered on making sense of the mass of data that lives online. After all, there’s no reason any market shouldn’t take advantage of the wealth of information users leave behind on the Internet like golden breadcrumbs. A broad spectrum of industries, from entertainment to fitness to home décor, is using that information to help automate previously manual actions by making high volumes of content and information digestible and available for more informed decision-making.
The evolving music industry is turning top managers into moguls—operating across media, tech and consumer brands The evolution of the music industry is putting greater power into the hands of top artist managers and transforming their firms—traditionally very small, behind-the-scenes operations—into miniature conglomerates operating across media, tech, and consumer brands.
Snapchat has launched a new media platform "Discover" featuring bite-size servings of the latest news and newest content from strategic media partners such as Vice, Spotify, The Daily Mail, Comedy Central, Warner Music Group, Cosmopolitan, People, Yahoo!, and National Geographic served all-you-can-eat buffet style within the app. Offering expertly curated creative content targeted at individual users, Snapchat has created a platform that could unlock access to the attention of millions of millennials big media outlets have otherwise only been moderately successful in capturing.
One major sign that a sector is heating up is the quantity and quality of the deal making, as rivals jockey for position. By that, and almost any other measure, streaming music is on fire; and today's announcement that Sony Music Limited will shut down to be replaced by a new partnership with Spotify is a major win for the pre-IPO startup.
According to notices filed in recent days in the Federal Register, SoundExchange is auditing a number of digital broadcasters including CBS owned Last.fm, iHeartRadio and Live365. Under rules set by the Copyright Royalty Board, SoundExchange can choose to to audit any digital music service; and has a history of selecting a few each year for year.
You've released your first EP, booked some dates, and you're ready to generate some buzz for your band. With all of that accomplished, it sounds like you're on the right track! But there's another thing to mark off your checklist: is your website press-ready?
Last summer, there was some kerfuffle about YouTube allegedly threatening to kick musicians off of YouTube if they didn't agree to license their music to the subscription service it was building. At the time, we wrote about how this was overblown.
(UPDATED) Just 5 days after Google, Apple's Beats, Sony, Rdio, Songza, Slacker and Grooveshark were served with simultaneously filed lawsuits alleging exploitation of pre-1972 sound recordings without license or payment, the case against music streamer Rdio has been dismissed.
How many times have you bought an album only to realize there are only one or two songs that really strike a chord with you? If you bought the album of iTunes and you live in Europe, you have 14 days to get your money back by returning the album no questions asked. In order to bring the tech giant into compliance with new regulations stating there must be an option to return items even when purchased digitally, Apple modified iTunes terms of service to allow for the refund of anything purchased from the store.
The entertainment press ended 2014 with several big stories. Front pages covered Taylor Swift’s decision to pull her songs from Spotify. The story was accompanied by news suggesting that 2015 might bring a re-evaluation of free streaming or, at least, serious thoughts about windowing music. The Sony cyber-attack was followed by threats regarding the release of The Interview.
In the information age in which we live, falsehoods, myths, and misnomers about today's music business are prevalent. But if you want to get ahead and achieve your goals, you better focus on the realities of the business. Here are five universal truths that all musicians should understand.
Thanks to the fine folks at The Music Business Association (MusicBiz.org), this Thursday, January 29th at 2:00 PM (EST) we are able to offer free entry into a webinar that will explore solutions for music liscening and royalty collections with Royalty Solutions and take a look inside the annual State Of The Industry report produced by music anaytyics provider Next Big Sound.