Category Archives for "Music Industry News"
July 30, 2018
Will Billboard Have A New Chart Rival Soon?
Ever since the first Billboard music chart was created back in 1940, the music industry has relied on the publication as a measure of success. Much of this was for bragging rights between labels, but also as a way to provide retail with sales data (and a large dose of hype) to determine what records […]
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July 27, 2018
The Trend Is Towards Cashless Festivals, And That’s A Good Thing
The cashless society that was predicted many years ago is pretty much here, as fewer people resort to using cash in daily transactions. Using a credit or debit card sure beats carrying around a pocket full of bills and coins and having to worry about exact change in inopportune situations. Even festivals are now turning […]
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July 25, 2018
Drake Has Generated Over $100 Million From Streaming So Far
Who says that streaming doesn’t pay? Yes, it only pays a fraction of a cent per stream, but those fractions really add up, especially when streams are in the billions for an artist like Drake. You may recall that Drake smashed all the streaming records on both Spotify and Apple Music recently during the release […]
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July 23, 2018
You Won’t Believe The Top 10 Highest Paid Artists
When you think of highest paid artists you think of the most popular at the moment, but that’s not necessarily who made the big money last year. Artists like Drake and Taylor Swift took a back seat to some of the biggest legacy artists when it comes to the highest paid, and it all comes […]
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July 20, 2018
Broadcast Radio Finally Aims At Millennials With The “Right Now Music Radio” Format
I think most listeners will agree that broadcast radio for music has been dismal for a long time, thanks to corporate radio groups and central programming. Local radio is on the decline and the ability for a DJ to select a song outside the provided playlist is long-gone. While radio still has its boomer listers […]
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July 18, 2018
- in Music Industry News , Tips by Bobby Owsinski
10 Music Business Jobs Of The Future
The music business is evolving just like any other forward looking industry, and tech is playing a larger part than ever in how it runs. That means that new types of jobs are being created all the time, and you can expect more in the future. Billboard asked movers and shakers from all areas of […]
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July 11, 2018
Surprise! Apple Music Now Has More Paid Subscribers Than Spotify In the U.S.
In what many consider a stunning revelation, it’s been reported that Apple Music actually has surpassed Spotify in paid subscribers in the United States. Apparently both gone past the 20 million mark, with Apple Music now slightly out in front. If you’d have polled a group of music insiders about subscriber levels a year ago, […]
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July 10, 2018
Vinyl Surges Again, Jazzmaster Is The New Strat, And Engineer Ed Seay On My Latest Inner Circle Podcast
Imagine that you’ve been given the task of taking the vocal from an album by one of the biggest artists of all times and tasked with putting more modern music around it, but you have to make it as seamless as possible. That’s what influential Nashville engineer Ed Seay did in working on a new […]
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July 9, 2018
Best Buy Winding Down CD Sales Pounds Another Nail Into The Format’s Coffin
On July 1st, Best Buy was supposed to end its long history with the Compact Disc (better known as the CD). The company had announced months ago that it had set that date as its deadline for ending sales completely, but according to several reports, is still is selling them, although with greatly reduced inventory and floor space. […]
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July 6, 2018
Indie Labels Now Account For 14 Billion Streams Per Month
Most artists and bands would prefer to be signed to a major label instead of an indie, but the fact of the matter is that indies are gaining strength, especially where streaming is concerned. Indie label association Merlin (which consists of more than 20,000 indie labels, imprints and small distributors) reported that its member’s streams have […]
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July 2, 2018
Stem Makes Life Easier For Artists And Their Collaborators
There are a number of digital aggregators that all provide roughly the same services. They’re a one-stop shop that will send your music to Spotify, Apple Music, Deezer, Pandora, Tidal and any other digital streaming service, then collect your royalties and pay you. The problem is that the artist or manager receives the payment, and […]
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June 29, 2018
New Study Finds That The Average Musician Makes Less Than Ever
I don’t think that anyone would deny that, unless you’ve reached the top rungs of the business, being an everyday musician is a tough job. The problem is that it seems to be getting tougher than ever to be an average musician though, as a new study from the Music Industry Research Association (MIRA) discovered. […]
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June 27, 2018
Coachella’s Radius Clause Has Artists Up In Arms
Everyone wants to play festivals these days. If you’re a new act then they can provide great visibility, and if you’re established then you can make some real bucks. The problem is that there are now so many festivals that they’re competing for customers, and that means contract language that’s meant to protect the festival […]
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June 22, 2018
Instagram Launches IGTV, It’s New Long Form Video Service
Facebook has been losing its teen users and its video assault on YouTube has plateaued, so the next logical step is to include long form videos on its Instagram service. That’s exactly what happened as the company announced its release of IGTV, a new feature that will be available on existing Instagram accounts and a new […]
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June 20, 2018
Even Heavy Radio Listeners Use Other Media
Radio is declining in influence in the U.S., but it’s still quite formidable thanks to its “heavy listeners” or those who consume more than one hour of radio per day, according to the latest study by Edison Research. It’s annual Infinite Dial report, conducted in partnership with Triton Digital, states that 30% of the American population over the […]
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