Category Archives for "Music Industry News"
March 1, 2019
Artists Rejecting Record Deals More And More
If you speak with record executives, they’ll tell you privately that one of their biggest concerns is the fact that many artists are no longer interested in signing a recording contract. Thanks to the current DIY nature of the business and the fact that labels are more and more only considering “finished products,” artists no […]
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February 27, 2019
Pledge Music Leaves More Artists Unpaid
Recently I posted about a group called Fastball having a difficult time collecting from the crowdfunding site Pledge Music. There appears to be many more that fall into that category as artists from Queensryche to Blacktop Mojo have since posted apologies on their social media pages because of Pledge Music-related payment and delivery issues. Variety […]
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February 26, 2019
Amphion’s Anssi Hyvonen, Facebook’s Lasso, And Modern Recording’s Start On My Latest Inner Circle Podcast
Amphion loudspeakers have become a favorite of award-winning mixing engineers the world over, and founder and CEO Anssi Hyvonen is my guest on the podcast today. Anssi spent most of his life as a hi-fi enthusiast, but he got into building speakers sort of by accident. His speakers are very well respected by that community, but acceptance […]
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February 25, 2019
Streaming Revenue Is Impressive, But Will It Ever Make Up For Physical Product Losses?
The 3 major record labels are all reveling in their good fortune, as streaming numbers and revenue are way up over the previous year. Indeed, Music Business Worldwide (MBW) estimates that it’s up more than $1.5 billion for the majors just from streaming. That may be all well and good, but physical product is still […]
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February 22, 2019
Tidal Creates Program To Support Emerging Artists
The streaming music service Tidal announced that it’s launching a new program called Tidal Unplugged intended to support emerging artists. The program is funded by a donation from venture capitalists and philanthropists Mark Lampert and Robert Nelsen in the amount of $1 million, and will kick off March 1st in Detroit. If selected, the Tidal […]
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February 21, 2019
The Top 10 All Time Most Viewed YouTube Videos
It used to be that we were amazed when a video reached a billion views on YouTube, but did you know that there’s been 154 videos that have reached that mark already? In fact, more than 30 videos have reached 2 billion, and one is just shy of 6 billion views! The interesting thing is […]
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February 20, 2019
SoundCloud Now Lets You Upload To Other Music Platforms
In what may be a game changer for the platform, SoundCloud has released that allows a user to share music with other online services like Spotify and Apple Music as well. The new feature is part of an upgrade to its SoundCloud Premier program. SoundCloud Pro and Pro Unlimited subscribers can now gain access to […]
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February 19, 2019
Beatchain CEO Ben Mendoza, Apple Buys Label Services Company, And Hit Songs Keys And Tempos On My Latest Podcast
My guest on the podcast today is Ben Mendoza, who created UK-based Beatchain along with co-founder and musician Steve Jones to accelerate artist growth by using data science and automation. Ben has spent almost 25 years using software to improve decision making and automate time-consuming processes with leading expense management company MDSL, which Beatchain now brings to the music […]
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February 18, 2019
Universal Music Had More Than $7 Billion In Revenue Last Year
Who says that the major record labels are dying? Far from it, if the latest revenue figures from Universal Music Group (UMG) is any indication. The company brought in more than $7.1 billion last year, and much of its growth was attributed to streaming music income. Profits come from having hits and Universal certainly had […]
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February 15, 2019
EU Copyright Directive Text Is Approved And Goes Towards Final Vote
The European Union’s Article 13 Copyright Directive which holds platforms like YouTube accountable for the infringement of user uploaded content is finally moving towards a final vote after some revision of text that now seems to appease all voting parties. YouTube has been lobbying heavily for the text to not contain user generated content (UGC) […]
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February 14, 2019
The Mystery Of The 25 Year Old Rock Song Hitting The Top Of The Japanese Charts
Last week there was a lot of press around why a 25 year old Dinosaur Jr. song called “Over Your Shoulder” appeared out of the blue at #18 on the Japanese Billboard charts. As far as anyone could tell, there was no reason for this song to appear on any chart since it wasn’t part […]
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February 13, 2019
AEG And SMG Merge To Become The World’s Largest Venue Company
LiveNation has been almost an overwhelming force in the concert business over the last decade, with smaller competitors like AEG and SMG nipping at its heals. Those days may be over however, as AEG and SMG owner private equity firm Onex have agreed to merge. The new company, dubbed ASM Global, will now control over […]
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February 11, 2019
The Marshmello Concert On Fortnite May Show The Next Realm For Artists
For a music artist, playing in front of thousands represents at the very least, a minor success. While superstars regularly play to tens of thousands and festivals can top that by a factor of 10, how does appearing before millions sound? No, I’m not referring to the Super Bowl halftime show but the recent in-game […]
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February 8, 2019
Amuse To Use Machine Learning To Determine Royalty Advances
Getting an advance on your royalties is always a wild guess about what you’re worth. The label or publisher wants to keep it low, and the artist/songwriter wants it as high as possible in case it’s the last money he or she ever sees. The future of royalty advances may lie with artificial intelligence and […]
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February 7, 2019
5 Artists Sue Sony And Universal Music For Copyright Infringement
Record labels have always done whatever they could to keep as much money as possible and limit what they paid to artists. Back in the day of the music entrepreneur/label owner this was expected, but as the music business is fairly corporate now, you’d think those days would be over. Not so, according to 5 […]
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