The Death of Crowdfunding? Kickstarter’s Drip ‘Reboot’ Scrapped Following Unviable Business Model

In an effort to better compete against Patreon, Kickstarter unveiled Drip. The crowdfunding platform first acquired Drip in March 2016.  Ghostly International had launched its independent patronage platform in 2012 to “support musicians through subscri…

Spotify Reportedly Signs On to Support Facebook’s New Cryptocurrency, the Libra

Spotify has reportedly jumped on the lengthy backers’ list for Facebook’s new project. For more than a year, Facebook has quietly worked on a new cryptocurrency dubbed the Libra.  Now, the company has prepared to formally unveil the project this week. …

Concord Acquires Russian and Soviet Classical Specialist Sikorski Music

Concord Music Publishing has unveiled a new acquisition, and with it, a merger. The publisher has confirmed the acquisition of Sikorski Music Publishing Group. Sikorski serves as the custodian of Russian and Soviet-era classical copyrights.  These incl…

Lawmakers Unveil the ‘Boss Act’ of 2019 — “Americans Have Been Gouged and Gouged and Then Gouged Some More.”

Three lawmakers in Washington have ‘resurrected’ the BOSS Act. If passed, the bill (Better Oversight of Secondary Sales and Accountability in Concert Ticketing) would force organizers and promoters to provide “transparency and regulation to the badly c…

Los Angeles Judge Grants Britney Spears a Five-Year Restraining Order Against Former Manager, Sam Lufti

Following a lengthy legal battle, Britney Spears has finally obtained what she and her family have long wanted. Yesterday, Los Angeles Superior Court Judge Brenda Penny issued a five-year restraining order against Spears’ former manager, Sam Lutfi. The…

Drug and Sex Scandals Force Out YG Entertainment Founder and K-Pop Mogul

23 years ago, Yang Hyun-suk founded YG Entertainment. The Korean entertainment company has since launched and managed the careers of several notable K-Pop stars and actors.  On the artist side, these include Blackpink, BTS, iKON, 2NE1, Big Bang, and Ps…

LiveXLive Reaches 720,000 Subscribers, Burning Through $9.8 Million in the Process

LiveXLive Media has posted its financials. The global streaming company posted $9.2 million in revenue for its fiscal Q4 2019 quarter ended March 31st, 2019, up from $9 million in the previous quarter (its Q3 2019).  Contribution margin also rose to $2…

Apple Starts Removing iTunes Branding, Including Links, From Its Websites

So, is or isn’t iTunes dead? Last week, on the opening day of Apple’s Worldwide Developers Conference, Apple subtly confirmed its popular download store would go away on macOS 10.15 Catalina. The writing has been on the wall for a while for the iconic …

DistroKid Partners With Audible Magic to Manage Fraudulent Activity

DistroKid has signed a major deal to help indie artists. The digital distributor has inked a global partnership with Audible Magic. Using the content recognition company’s software dubbed RightsRxTM, DistroKid will now verify new songs and albums uploa…

Amazon and Roc Nation Score a Victory in Meek Mills Wiretapping Case

Amazon and Jay-Z’s Roc Nation have scored a major victory in court. Last September, Philadelphia attorney A. Charles Peruto Jr. filed a rather interesting wiretapping case against both Amazon and Roc Nation. The defense lawyer representing Philadelphia…