Category Archives for "Music Industry News"
February 27, 2017
Music Investment Act Makes Georgia Attractive For Artists
There are some states in the US that know the value of entertainment and they’re willing to invest in it. The latest is Georgia, which is about to pass the Music Investment Act to make it more financially attractive for music artists to create in the state. Not only is this piece of legislation intended […]
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February 22, 2017
You Won’t Believe What The Most Popular Music Platform Is
Streaming gets all of our attention these days but there’s more to music distribution than that. Business Insider conducted a survey of adults in the United States and found some very interesting data about our very favorite music platform, Here’s what it found. iTunes – 30% Pandora – 23% Spotify – 13% Google Play – […]
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February 16, 2017
Spotify May Now Be Looking For A Buyer
It looked like Spotify’s strategy was to go public this year, but recent announcements have pretty much put that aside. The IPO (Initial Public Offering) market has changed recently, and tech companies can no longer be assured of the big paydays of just a few years ago. As a result it looks like the company’s new plan is […]
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February 8, 2017
Spotify Could Be Hurting If It Doesn’t Go Public Soon
It was assumed that Spotify would final go public in 2017 not only because the timing was right in its growth, but mostly because of pressure from investors to get their money back. Rumor has it that the company is considering delaying its IPO until 2018, and that could cause the company a world of financial […]
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February 6, 2017
How Big Is That Super Bowl Halftime Bounce?
The Super Bowl is one of the most viewed events in the world, and the coveted halftime performance is what many A list artists dream of. But does an artist get much of a visibility bounce as a result? When it comes to videos on YouTube, yes they do, although some get a bigger one than […]
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February 2, 2017
Where Your Concert Ticket Money Goes
The concert ticket you buy today is more expensive than ever, but that doesn’t seem to hinder music lovers from shelling out their cash anyway. With a typical ticket going for well over $100 and VIP tickets going in the thousands, it begs the question – where does the money I just spent for my ticket […]
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February 1, 2017
HMV To Close Over 100 Record Stores In Canada
On Friday HMV Canada was placed into receivership and outlined its intent to close its 102 record stores in that country. HMV stores in the UK are not affected. According to a report by the Financial Post, HMV owes its major suppliers, including music labels and movie studios, about $42.6 million as of Dec 31. If […]
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January 30, 2017
Most Billboard Album Charts To Now Include Streaming
After updating the Billboard 200 chart to reflect both streaming and track sales a few years ago, Billboard is now doing the same for most of it’s other genre-based album charts as well.  The following charts will now reflect the new measurement methodology starting this week: Top Country Albums Top R&B/Hip-Hop Albums, plus: -R&B Albums -Rap Albums […]
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January 25, 2017
Jay-Z Gets Bailed Out As Sprint Invests In Tidal
Recently there’s been a lot of speculation on how long Tidal could financially hold on before it would have do something drastic. Today those fears are allayed with the news that telco Sprint has bought a 33% interest in the music streaming service for $200 million. Each of the company’s much celebrated two dozen artist-owners will remain […]
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January 23, 2017
Jack White Starting His Own Vinyl Pressing Plant
Frustrated with the long wait in to get records pressed, Jack White’s new Third Man Records pressing plant is scheduled to open in February in his native Detroit. The company has installed 8 new energy efficient presses capable of outputting up to 5,000 discs every 8 hours. The company also hopes to add 50 jobs […]
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January 19, 2017
Artist Sponsorship Is Today’s Payola
Payola has always been part of the music business and many insiders feel that it’s the reason that some artists become stars, and some stars become superstars. Without money or favors changing hands between the record label and the radio station/streaming service, a song might never gain the visibility it needs to become a hit. […]
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January 18, 2017
France’s SACEM Might Have Created The Copyright Management Technology Of The Future
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 […]
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January 16, 2017
It’s True – Cassette Tapes Are Making A Comeback
It 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 […]
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January 12, 2017
High-Resolution Streaming Might Be Getting Closer
I’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 […]
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January 11, 2017
Facebook To Start Running Mid-Video Ads
Content 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 […]
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