Music analytics and fintech startup Paperchain and Centrifuge, a decentralized platform that connects the global financial supply chain, has advancedmade its first advance based on future Spotify royalties. The unnamed artist was paid $60,000 in August streaming revenue from Spotify 45 days ahead of their usual pay cycle with the…
Author archives: Bruce Houghton
Tegan and Sara Tell Fans: ‘Pay What You Can For Tickets’
Tegan And Sarah took a swipe at ticket scalpers when they offered a “substantial” number of seats for their Tuesday night concert in San Francisco at a “pay what you can” price. The duo announced the change in ticketing in a press release ahead of the show at the Sydney…
THU. BRIEF: RIAA Eyes Telegram • SPOT Stock Slide • Corite Fanfunding • GoGopix • Grammy Preview • More
THURSDAY 10.3.19
Music Business News From Around The Web
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Death Metal Remix Of Greta Thunberg’s UN Speech To Benefit Greenpeace [You have to hear it!] #GREENMETAL
A powerful death metal remix of young climate activist Greta Thunberg’s moving speech at the UN Climate Summit will benefit Greenpeace, Despotz Records announced on Tuesday. The remix by G.T. (aka John Mollusk) of New York thrash metal band Suaka will go "straight to the environmental rights activist group Greenpeace."…
71% Of Music Producers, Engineers Often Work Free [STUDY]
A new Music Producers Guild study showed that 88% of producers and engineers say that they have asked to work for free, with 71% agreeing to work unpaid within the last three years. 17% of those requests to work free came from major labels. Self-financed artists accounted for 77% of…
30% Of Beatles Spotify Streams Come From Fans Who Weren’t Born Before John Lennon Died
30% of the Beatles’ plays on Spotify are coming from the 18-24 year old age group, the streamer revealed. The Fab Four have been streamed an impressive total of 1.7 billion times on Spotify, so far this year. 20.6 million or almost 10% of Spotify’s 220 million total monthly users…
Beatport, DjCity Launch Beatsource To Serve Open-Format DJs
Beatsource, a joint venture between Beatport and DJcity, has launched in public beta to serve as a digital music platform for open-format multi-genre DJs, including a curated download store. Beatsource focuses on ready-to-go playlists designed for any occasion across Hip Hop, R&B, Latin, Dance, Pop, and Reggae/Dancehall. More music is…
Concord Acquires Iconic Indie Rock Label Victory Records
Concord has acquired indie rock, metal, emo and punk label Victory Records and publisher Another Victory Publishing from Chicago-based founder Tony Brummel. The deal includes a catalog of 4,500 master recordings along with 3,500 compositions that includes A Day To Remember, Hawthorne Heights, Thursday, Silverstein, Taking Back Sunday, Atreyu, Bayside,…
All Ticketfly Events Move To Eventbrite
Ticketfly, the independent ticket company that Eventbrite acquired for $200 million from Pandora in 2017, has now been absorbed within the Eventbrite platform. The main Ticketfly.com URL now redirects to Eventbrite.com. "You can still purchase tickets to all of the best upcoming shows at your favorite venues on Eventbrite.com or…
WED. BRIEF: Beatsource Launches • Insomniac Bahama Aid • Spotify Stock • Podcasts To Playlists • More
WEDNESDAY 10.2.19
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