Category Archives for "Music Industry News"
One thing for sure about streaming music is that the payouts per stream are constantly changing and this year was no exception. In fact, you’ll be surprised who is new highest pay leader. According to a survey of third-party websites made by Digital Music News, Napster now owns the highest pay mantle at $0.019 per […]
Continue readingIf you’ve ever owned physical music product like vinyl or CDs you know that there’s a market for “pre-owned” albums. People have made a living from the used market for decades, so it was natural to believe that this same idea would transfer to digital music as well. ReDigi was one of the first virtual […]
Continue readingTrying to launch a streaming service these days is insanely difficult due to the fact that in order to get any sort of catalog together, music licenses that are prohibitively expensive are required. But what if an artist only featured his or her work on the service? That’s exactly what Neil Young is doing with […]
Continue readingThe touring industry has wondered for a while now what would happen when the legacy rock acts were no longer able to tour. Would the new generation of artists be able to fill the concert venues and stadiums like their predecessors? The answer is yes, and this year has proven it beyond a shadow of […]
Continue readingThe Chinese music streaming service Tencent Music raised $1.1 billion last week, in what was one of the largest U.S. public offerings of the year. After a hot start where the stock gained almost 10% in its first day of trading, it fell considerably to $12.81 per share from its opening price of $14.10 on […]
Continue readingIt seems like the days of the YouTube personality are slowly beginning to wane thanks to creator burnout and corporations getting better at implementing their channels. PewDiePie currently leads all others on the platform with an astounding 76.4 million channel subscribers, but that record may fall by the time you read this. What’s more interesting […]
Continue readingThe major record labels have always chaffed at the idea of tech companies like Spotify, Apple, Google and Amazon being in control of the distribution of their music, especially at the currently Wall Street valuations that those companies possess. That said, they’ve been unsuccessful in developing their own digital distribution product in the past, which […]
Continue readingRemember Muzak, the music we all loved to hate, affectionately known as “elevator music?” Even though it supplied super-sweet versions of cutting edge hits to businesses everywhere for years, it was actually a good business to be in as it made a lot of under-the-radar money, and Apple now wants a piece of it. According […]
Continue readingOne of the ways I used to gauge the magnitude of a hit was if I could walk down a street in another country and hear it blasting from the bars and shops. Since the 80s when I began to travel a lot, this little test has never let me down, as it’s been a […]
Continue readingMore and more artists and bands are going the indie label route these days, some by choice and others by the fact that the pathways to a major label are perhaps more limited than ever. This is clearly shown in Mark Mulligan’s latest post that reveals that indie labels contributed just a touch under 40% […]
Continue readingThe fervor for high-resolution music streaming has died down in recent months, and it looked like everyone has finally settled on the current CD-level quality as sufficient enough for most users. That sentiment isn’t enough to stop hi-res streamer Qobuz from planning a launch for next year though, as the company recently opened up a […]
Continue readingYou’d think that after all the recent uproar it would more difficult to buy a bot to manipulate an artist’s Spotify or SoundCloud streams, but that’s not the case, as Hypebot points out. As the article states, “Some bots are run by commercial services selling guaranteed streams. Others come from developers like somiibo which offers bots for […]
Continue readingBeing an indie artist can be looked at two ways – it’s either a badge of honor for having control over your own career destiny, or it’s someone that can’t get signed by a major label so they’re forced to do it themselves. Many choose the former point of view and prefer to stay outside […]
Continue readingIt’s probably no surprise that if you’re between the ages of 13 to 24, music tends to be a bigger part of your life than when you get older. Since that’s the case, it stands to reason that social media used by that age group would also be driven by music, as this recent report […]
Continue readingMost every Thanksgiving we all have so much to be thankful for, and for you this one might be no exception. There are many people suffering as a result of the devastating fires in California however, and more than a few of them are music figures that you know and love. One is guitar maker […]
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