Commentators in the music industry this week weighed in on what artists ought to know about the proposed tax reform bill, the struggles of being an artist manager, and why it's hard work or die in music industry.
This week in our advice for DIY and independent artists, we offered sage counsel on how to promote your band on only a shoestring budget, how an indie artist managed to make more money by actually selling fewer albums, the best way to finance a tour, and much, much more!
This week on MusicThinkTank, we looked at what the appeal in in children's music, how to finance a tour with little to no budget, why your music career can fail, even if you're incredibly talented, and more.
This week's scroll back through a packed we of music industry news reexamines Swift's conspicuous absence from Spotify, why renowned industry critic Neil Young is now giving his music away for free, how Elton John and his music have developed over the decades, and much more.
This week Hypebot's most popular articles and posts looked one indie band that got kicked off Spotify forever and why, how bots are being used to gain Spotify followers, UnitedMasters big money score from Google to take on record labels, and more!
UnitedMasters launched it artist services platform this week with $70 million in funding from Google and Andreessen Horowitz; and a promise to "free musicians from dependencies on the old model while increasing their income tenfold". Using data to understand and monetize fan behavior is at the core of their plan to make this bold promise a reality. UnitedMasters Chief Product Officer Jack Krawczyk, the former VP of Product Management at Pandora, shares a look inside the theory and the potential that drives this promising startup.
Band promotion can be a challenge even with a well funded label at your back, but for just getting started, financial restrictions often make effective marketing next to impossible. Here we look at five stealth tactics for promoting your band with minimal expense.
Many artists bemoan the transition from paid digital downloads to the fractions of a penny artists earn from streaming, but some artists are adapting to this shift, and in fact have made selling less work to their advantage. Here we look at how Buffalo-based electronic musician Spruke is selling his fans an individualized album experience - for a premium price.
Having been welcomed into the world way back in 2005, YouTube has naturally undergone some changes over time, but of all these changes, the evolution of its feed is perhaps the most important, particularly when it comes to being a artist looking to reach fans via the platform.
For achieving major industry success, you need to first focus on getting your music heard and your band recognized. While touring is one of the best ways to do this, financing such a venture is no easy task. Here we look at how an independent band can get the funding they need to launch as successful tour.
Venues come in all shapes and sizes, and choosing the wrong venue in the wrong place can be a sure setup for a disastrous live experience. Here we look at five questions musicians should ask themselves when deciding on a venue.
Spotify has acquired fellow Stockholm based startup Soundtrap, a popular web based recording studio. In a post announcing the deal, Spotify said that "Soundtrap's rapidly growing business is highly aligned with Spotify’s vision of democratizing the music ecosystem. "
FRI. BRIEF: UMG Streaming Revenue +41% • Spotify Doubles UK R&D Hub • Iconic ECM Records To (Finally) Stream • More
Music Business News From Around The Web
Everything in the music industry now exists in service of just two things: streaming and live concerts.
Updated continuously under our More News tab
Tidal streaming subscribers can now control their Sonos audio sound system directly from within the TIDAL app. The upgrade follows similar in-app control announcements from Pandora and Spotify. Pandora's update included Alexa-powered voice control.
Recently introduced to the House of Representatives, the "Tax Cuts and Jobs Act" has buried within its pages legislation that could, depending on how the bill develops, dramatically impact the careers of artists and musicians - potentially for the worse.
The posts that garner the most pageviews on Hypebot are usually driven by a viral friendly headline like The MP3 Is Dead, Long Live The MP3 or provide practical advice like Facebook Testing Option To Link Groups, Pages - How It Works. Some heritage posts also keep getting hits like How Much Does A Major Act Get For Playing A Concert? or 8 Steps To A Million YouTube Music Channel Views. But none has surpassed the interest in this post about an indie musician.
Amazon Music Unlimited, the third most popular music service in the U.S. after Spotify and Apple Music, is discounting new subscriptions to 99 cents for three months. After the three months its $7.99 per month for Prime members with the non-Prime price $9.99 per month.
Making money in the music industry is no easy task, and it's rare that creators are able to make a living off their music alone. That said, while artist should certainly take every opportunity to profit from their music, working for free has its place.
Hypebot recently passed 56,000 followers on Twitter, and we just wanted to thank you for helping us hit that milestone! Add in the 32,500 who follow our sister site MusicThinkTank, and our reach on Twitter exceeds 88,000. That's an impressive army dedicated to building a new and better music ecosystem. Thank-you.
The idea of hitting the road on your first major tour is an exciting prospect for any new band starting out, but it's important to remember that while a potential thrilling adventure, touring brings with it many hazards for your health and wellbeing. Here we look at how such problems can be dealt with before they become a major issue.
The Nashville Entrepreneur Center has begun accepting application for its 2018 Project Music Portfolio music industry accelerator program. After running the accelerator for 3 years, they have leveraged participant feedback to create Portfolio, a more customized program designed to have a more meaningful impact on the startup entrepreneurs involved.
Longtime music industry critic Neil Young, who has spent decades railing against a rigged music business that undervalues creators, has announced that he'll be making a comprehensive archive of his extensive catalog available for free, at least at launch.
Vezt, a cryptocurrency music company is the latest entrant seeking to securitize music ownership and has announced its Initial Song Offering program that will allow investors to take a stake in a song and its future royalties.
For do-it-yourself artists, solid photography is important for promotion and marketing, and the wrong equipment can have a drastic negative impact on the quality of your photos. Here we look at some affordable, quality photography equipment that can help you take your pictures to the next level.
THU. BRIEF: Kickstarter Adds Patreon-style Subs • Neil Young Sets Catalog Free • Radio Beats Streaming • More
Music Business News From Around The Web
I'm not convinced that Jack Conte's wonderful Patreon works for more than a few musicians, but Kickstarter entering the fray could take creator subscriptions mainstream.
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[UPDATED] We've written about the services and bots that promise thousands of plays and followers on Spotify, Soundcloud and elsewhere for a couple of hundred dollars. But the tricks used to get those plays can get an artist kicked off any streamer. As one band found out, too many plays coming from too few sources - even a few overzealous fans - can get you banned forever.
[UPDATE 2] Next-gen artist services and music technology platform UnitedMasters, led by former Interscope Records president Steve Stoute, has exited stealth mode with $70 million in funding from Google's parent company Alphabet, respected venture capital firm Andreessen Horowitz, Floodgate, Translation and entertainment conglomerate 20th Century Fox.
Here Chris Robley sat down to chat with Zach Carothers of Portugal, The Man about the value of hard work in a tough industry, and how the group recently jumped from mid-level indie rock group to the crossover stars of 2017 with their chart-topping hit "Feel It Still".
While it may be a sought after role in the industry, being an artist manager is no cake walk, and such a career brings with it a number of trials and tribulations, and can often make a person feel very isolated.