Category Archives for "Music Industry News"
December 6, 2017
Corporate Radio Takes Another Big Hit
I’ve reported on the bankruptcy status of the top corporate radio group, iHeartRadio, for some time now. It’s bad enough when the biggest station owner is in deep financial trouble, but did you know that the #2 station group now has a similar problem? Yep, Cumulus Media has filed for Chapter 11 and is around […]
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December 4, 2017
The One Reason Behind The Spotify-Tencent Stock Swap
It’s been reported that Spotify and Chinese Tencent Music Entertainment Group are in talks to acquire 10% of each other, and should the deal go down, there’s no other way to look at it than a strategic maneuver that has nothing to do with their subscribers. No, this all about stockholders – actually potential stockholders […]
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December 1, 2017
What’s The Top Market For Many Artists? It’s Mexico City
Whenever we think of the top music market for an artist, the major city centers of New York, Los Angeles or London immediately come to mind. One that’s been off the radar but is coming fast is Mexico City, and it’s already the #1 market for a diverse number of artists like Diplo, Adele, Dua Lipa, Radiohead, Shania Twain, Harry […]
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November 29, 2017
Music 360 Report Finds That More And More People Create Their Own Playlists
Playlists are clearly becoming the next big thing online as nearly three-quarters of those who stream music in the U.S. create their own online lists both for themselves and others. More than half of all music listeners create playlists, and 32% share their lists with others, up from 24% in 2016, according to Nielsen Music’s […]
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November 27, 2017
Distribution And Label Service Company Ditto Music Expands
There are plenty of music aggregators that will get to songs to all the streaming platforms, and Ditto Music is one of the least expensive ones. At $19 a year for unlimited uploads, it’s hard to go wrong. The company does so much more though, as it’s becoming a bigger player in “label services,” and […]
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November 24, 2017
Spotify Adding A Ton Of Jobs And Still Acquiring Companies
For a company that can’t yet turn a profit, Spotify is sure acting like one. It keeps on hiring more people and renting super expensive office space like it’s going out of style. Word comes that it will soon double its UK workforce of 200 people, and that it just rented about 60,000 square feet […]
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November 22, 2017
Vetz Allows You To Own A Piece Of Drake’s Music
If you ever wanted to own a piece of an artist’s music, or have your fans own a piece of yours, it’s now possible thanks to a company called Vetz.co. Vetz has set up a system called an ISO (Initial Song Offering) so that an artist can raise some cash by selling ownership in a […]
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November 20, 2017
Despite Predictions, Blockchain Will Not Be The Future Of The Music Industry
Just about every month for the past couple of years there’s been an article or post by a major publication about how blockchain technology is going to revolutionize the music business. It’s supposedly the savior of the industry because finally “artists will get paid,” record labels will be able to charge CD-level prices again, and […]
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November 17, 2017
UnitedMasters Aims To Be A Record Label Alternative
If you’re an artist, there’s less and less of a need to be with a record label today, since so much of what a label once provided can now be accomplished on a DIY basis. What record labels are really good at though, is turning an artist into a superstar, since the infrastructure required for […]
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November 15, 2017
LyricMerch Allows Fans To Print Their Favorite Lyrics On Merch
Here’s an idea that makes you wonder why it took so long to come about. A new company called LyricMerch allows you to print your favorite song lyrics on a range of products that include coffee mugs, T-shirts and even shower curtains. The company is a subsidiary of LyricFind, a lyric licensing company with a […]
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November 13, 2017
Can A Lip-Syncing Site Be Worth $800 Million?
If you’re a musician then you probably aren’t aware of lip-synching site Musical.ly. After all, why pretend to create music when you’re able to do it for real? That’s said, there are millions of people everywhere who find doing short clips of themselves lip-syncing to hit songs is a lot of fun – 200 million of […]
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November 10, 2017
The Main Studio Rule And How It Affects Local Radio Stations
In 1934 the FCC instituted a rule that a radio station had to have a main studio within its transmission area that also had to be accompanied by a full-time staff during business hours. While this rule might have been a boon to local radio for much of the last century, it’s been somewhat of a […]
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November 8, 2017
Could Your Next Album Release Be On Floppy Disk?
Releasing albums on long outdated formats has gone from novelty to trendy, with cassettes being the latest so-called “dead” format to make a comeback. That said, there are still old formats out there that have yet to be mined, and one that almost 100% of people everywhere (especially the ones that used them) never expected […]
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November 6, 2017
If An Election Can Be Influenced, How About A Music Award?
There seems to be no doubt that recent elections in a number of countries have been influenced by outside sources. Given the enormous scale and difficulty of doing that, it seems like something as inconsequential as a music award would be easy to affect. It looks like that actually happened in the 2017 Mnet Asian […]
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November 3, 2017
Indie Labels Now Make Up 38% Of The Music Business
If you thought that there are only three major labels working in the music industry today, then you’re wrong. A new study has found that indie labels generated more than $6 billion last year, which is good enough for 38% of the market, making them essentially a fourth major label. The study came from Worldwide […]
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