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MUSIC BUSINESS NEWS: EDM tops $11.8B • Spotify battles Apple • Indie pubs want fair pay • RSD MRKT online • Bandcamp improves Discover • More

FRIDAY 4.26.24 • Music Business News Updated Continuously Under The MORE NEWS TAB Above

Bruce Houghton on 04/26/2024 in Music Business | Permalink | Comments (0)
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Bifurcation Theory: How the music business is splitting in two [Mark Mulligan]

Mark Mulligan of MIDiA Research writes that the music industry is splitting in two, and AI is acting as the accelerant……

Alana Bonilla on 04/24/2024 in Music Business | Permalink | Comments (0)
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Music Tectonics early-bird tickets are on sale for 2024 conference

The Music Tectonics Conference will return to Santa Monica October 22-24 for its sixth edition, and Super Early Bird tickets are on sale now…..

Bruce Houghton on 04/24/2024 in Conventions & Awards | Permalink | Comments (0)
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Spotify stock up 11.4%, analysts raise targets as streamer turns profit

Spotify [NYSE: SPOT] stock surged Tuesday on news that the streamer had turned profitable despite slower-than-expected user growth in Q1 2024. Shares closed the day at $303.31, up 11.41% and key analysts responded by raising their target prices…..

Bruce Houghton on 04/24/2024 in Music Business | Permalink | Comments (1)
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Spotify CEO Daniel Ek outlines 3 new ‘core’ opportunities for music

Spotify CEO Daniel Ek discussed three “core trends” for music during the company’s Q1 2024 earnings call and said that the streamer is already working on all of them…..

Bruce Houghton on 04/23/2024 in Music Tech | Permalink | Comments (0)
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MORE MUSIC BUSINESS NEWS: Taylor Swift’s 2 AM surprise • US may fast track TikTok ban • NIVA indie live music conference • Merlin + Audiomack • Live Nation stock drops • More

Music Business News Updated Continuously Under The MORE NEWS TAB Above

Bruce Houghton on 04/19/2024 in Music Business | Permalink | Comments (0)
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Why must musicians get the short end of OpenAI’s Bad Business Model?

Tech companies claim AI needs free access to copyrighted materials for proper and accurate training, leaving artists uncompensated for the use of their property and with more AI-created competition…..

Alana Bonilla on 04/17/2024 in D.I.Y. | Permalink | Comments (0)
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The Importance of Insurance for Musicians

Lots can happen unexpectedly as a traveling musician; from equipment to vehicles to health, there’s plenty of bases to cover. by CHRIS CASTLE of Music Tech Policy Car theft is. Continue reading

Alana Bonilla on 04/16/2024 in Music Business | Permalink | Comments (0)
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Spotify to help fans edit, speed up songs and promises to pay artists

According to a new WSJ report, Spotify will add tools that allow fans to speed up, mash-up, and edit songs without prior permission…..

Bruce Houghton on 04/12/2024 in D.I.Y. | Permalink | Comments (0)
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QUICK HITS: Secretly adds labels • Feedfm + Cynite • Image-Line buys MSXII • Bella Figura funding • Kobalt

Secretly Distribution is adding Jazz Is Dead and Linear Labs to its growing independent record label distribution roster…..

Bruce Houghton on 04/09/2024 in Music Business | Permalink | Comments (0)
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