Category Archives for "Music Industry News"
The dream of every musician is to make enough money from music to not have to work a day job. It’s a nice dream but unfortunately not possible for the vast majority of musicians, especially those just starting out. Unless you live in Ireland, which will now pay at least some artists and musicians a […]
Continue readingReport after report has given us data that both Facebook and Instagram have a user retention problem, and it’s all because of the rise of TikTok. The problem is that most reports just give you the results and don’t really dig into the reasons behind the numbers. But here’s a secret that no one is […]
Continue readingThere are too many videos on YouTube to ever keep up with, so many users are trying their best by using the faster speed function. Yes, you can’t see them all, but you can see more of them if they run faster. In fact, the platform figures that people save about 900 years worth of […]
Continue readingIf you think that streaming royalty rates for artists are low, until recently songwriters and publishers make far less. They’ve been arguing for a raise for a while now with a lot of pushback from the big streamers, but that may be all behind us now. The National Music Publishers’ Association (NMPA), the Nashville Songwriters […]
Continue readingRecord labels have always differentiated the music they sell between what’s called Frontline and Catalog. Frontline are recent releases, and Catalog is anything older than 18 months. While the Catalog designation might have worked back in the day of physical products, today the 18 month time frame seems so out of step with the way […]
Continue readingLast week the music industry was abuzz about Capitol Records signing the first AI artist. This week everyone is talking about how fast that artist was dropped. AI rapper FN Meka has over 9 million followers and over a billion views on TikTok, but it turns out there’s more to a signing than just pure […]
Continue readingThere’s a lot of money in touring once you hit superstar level and a new chart from Pollstar proves it. If you don’t know Pollstar, it’s basically the Billboard of the live music world, providing charts of the ticket grosses and sales from a wide variety of venues. The publication decided to look back at […]
Continue readingToo many musicians, artists and songwriters who are just starting out are confused about their next step or steps in the music business. Likewise, so many get scammed everyday with offers of success that are too good to be true. Cartne is a new program developed by Nashville-based artist management firm Indie Connect that has […]
Continue readingIt was long assumed that the upswing in the vinyl record business was spearheaded by aging Boomers trying to regain some of their youth with a new purchase of their old collection. That’s far from the truth however, as the “Vinyl 1.0” generation is slowly fading away yet vinyl sales increased. So if it’s not […]
Continue readingEver since streaming took over the music fan’s consciousness a decade ago, CD sales have dropped like a rock. Why own a disc collection when you can access all the same music online for a lot less money? That outlook may now be changing though, because believe it or not, CDs are popular again. According […]
Continue readingEveryone has experienced it. You think that you’re paying one (usually high) price for a ticket to see your favorite artist, but when the actual bill comes it’s way higher than the original price. As a result, probably one of the most universally hated add-ons is the “convenience charge.” The day of the hidden ticket […]
Continue readingAny artist with a desire to release a vinyl record faces the hard reality of a long wait time, with some quotes as long as 12 months out! Of course, that just doesn’t work when it comes to marketing your latest product, but the good news is that help is on the way. Some of […]
Continue readingSpeaking of platforms that want to become TikTok, YouTube seems to be doing a fine job of it. A recent announcement from the media giant itself found that 75% of its 2 billion monthly users now access its Shorts feature. It appears that in at least some cases, platform imitation does work. Stated YouTube, “YouTube […]
Continue reading“If you can’t beat ’em, join ’em” is an old adage that comes to mind when it comes to the strategic plans for Facebook. It seems that Facebook (or Meta, as the parent company is now called) has seen that upstart TikTok is beating the pants off it, especially in the highly desirable younger demographics, […]
Continue readingDespite war, rising gas prices, sagging economies, supply chain issues and everything else that has consumers feeling their wallet pinched, global bank Goldman Sachs predicts good times ahead for the music business. Not only that, it predicts that it will grow to epic proportions by 2030. In its highly informative Music In The Air report, […]
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