Category Archives for "Music Industry News"
For the most part, performance rights organizations use an antiquated system to determine the payouts to their members. For radio, it all depends on a survey at certain times of the year that looks at a cross-section of what stations are playing in order to determine the royalties. For streaming, it depends on the data they […]
Continue readingIt looks like everything that was old is new again. It may seem hard to believe, but cassette tape, that once reviled music delivery system of the 1970s, really is making a comeback. There’s a new coolness factor in the format for artists, bands and fans that no one could have predicted. Reports about the […]
Continue readingI’ve been predicting for over a year that the streaming world would eventually move to high-resolution audio, and a recent announcement from a group of large industry players makes it look like things are finally moving in the right direction. All 3 major labels, Pandora, Rhapsody/Napster, HD Trax and the RIAA announced their support for […]
Continue readingContent creators have been complaining about the fact that there’s no way to monetize their content on Facebook the way you can on YouTube. Those days look to be coming to an end, however, as industry insiders now say that Facebook will start testing mid-video ads soon. As with YouTube, the revenue from the ads will be […]
Continue readingAlbums just aren’t selling like they used to, and that goes for physical and digital. The end-of-the-year Nielsen numbers are out and they show that only 4 albums made it to platinum-level last year, which is sales of 1 million or more. If you add in sales of digital albums, you get 3 more, which is […]
Continue readingIt’s been no secret that SoundCloud has been up for sale for some time. Both Twitter and Spotify reportedly looked into acquiring the service and decided against it over the last few years. Now the latest rumor has Google acquiring SoundCloud for around $500 million, which is about half of what it was going for […]
Continue readingOut of all the music streaming networks, Tidal seems to get more than its fair share of publicity. No doubt that’s because it’s owned by a music celebrity (Jay-Z), but for a relatively small player in the streaming game, Tidal manages to punch above its weight. The company recently released some interesting numbers that covered […]
Continue readingIt looks like you can expect a lot more from Facebook in 2017 in more ways than one. The company is advertising for an in-house composer to add to its in-house sound design team. According to the advert: The in-house Music Composer role requires 10+ years of professional experience in the music industry, plus experience […]
Continue readingIf you look closely, streaming is teaching us all some marketing lessons, according to analytics service Next Big Sound (now owned by Pandora), a company that looks at social, streaming and event data as well as the interaction between an artist and a fan. While many look at it as just a way to get their […]
Continue readingIn an effort to “own the topic of music online,” the Hollywood Reporter-Billboard Media Group has acquired SpinMedia, whose assets include Spin, Vibe and Stereogum. This means that the company is now the world’s largest online music brand and its sites will see traffic of about 45 million per month as a result. It will […]
Continue readingVideo is an important part of every artist’s tool box these days. While many prefer to stay within the confines of produced videos uploaded to YouTube or Facebook, live streaming video can be extremely effective as well. Google Hangouts and Facebook Live have been the predominant ways to broadcast to fans and followers, but Facebook has […]
Continue readingIt looks like all of those rumors about Spotify buying SoundCloud have turned into nothing more than words on paper. Word is now out that any hopes of a deal between the two companies has been squashed, although months of talks almost lead to a deal. Why? Although it hasn’t been officially announced, Spotify is […]
Continue readingNeil Young has finally gotten the message about his Pono high-fidelity service, only it’s a couple of years too late. Originally conceived as a download service complete with its own dedicated player, the development took way too long and when it launched potential users had already moved on to streaming instead of buying downloads. Now the […]
Continue readingOne of the downsides of live music is that only so many people can experience it at any one time. Whether it’s a club, concert or festival, attendance is limited to only the people that are able to make it to the venue, even though many more may desire to do so. Live video feeds […]
Continue readingIt was probably only a matter of time, but it now looks like the first of many streaming music price wars has truly broken out. In a reaction to Amazon entering the streaming market with its Music Unlimited service, Google has extended the free trial period for its Play Music service to 4 months, making a new […]
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