FRIDAY 11.30.18
Music Business News From Around The Web
Updated continuously under the More News tab
Author archives: Bruce Houghton
Business Of Indie: Eric Ethridge Joins Ole’s Red Dot • Kobalt Adds Sherwood, Boy Named Banjo • More
On today’s edition of The Business Of Indie, Eric Ethridge joins Ole’s Red Dot record label. Kobalt adds music publishing clients Jonathan Sherwood and Boy Named Banjo, Stella’s Music Club launches a record label and more. Like Hypebot’s More News section, The Business Of Indie is nestled under its own…
Music Audience Exchange Adds Rolling Stone’s Michael Provus To Executive Team
Music Audience Exchange (MAX) has named Michael Provus as its new Chief Revenue Officer. Provus was CRO of Wenner Media, publisher of Rolling Stone, Men’s Journal and Glixel. In his new role, Provus will be responsible for growing the sales and operations teams, overseeing brand marketing programs and working with…
Lizzo, Kim Petras, Karen Brooks On Music’s Gender Gap [VIDEO]
Kim Petras and Lizzo have a short but informative discussion with Karen Brooks, a Grammy Award-winner who has a No. 1 single on Billboard’s Hot Country Songs Chart about the need for equality in the recording studio and music industry at large. ____________________ Sponsored by Uber and Billboard
Institutional Investors Bought $1.4B In Spotify Stock In Q3 (NASDAQ:SPOT)
At least nine major institutional investors have significantly upped their stake in Spotify (NASDAQ:SPOT) in recent months. Total new institutional investments in Spotify topped $1.4 billion in Q3. ________________________ In the 3rd quarter institutional investments included: ARK Investment Management added 37% to its Spotify stock portfolio for a total value…
Institutional Investors Bought $1.4B In Spotify Stock In Q3 (NASDAQ:SPOT)
At least nine major institutional investors have significantly upped their stake in Spotify (NASDAQ:SPOT) in recent months. Total new institutional investments in Spotify topped $1.4 billion in Q3. ________________________ In the 3rd quarter institutional investments included: ARK Investment Management added 37% to its Spotify stock portfolio for a total value…
Qobuz Sets Early 2019 US Launch with Hi-Res Streams, Downloads, Additional Content
Qobuz, which bills itself as the world’s only certified hi-res streaming and download service, will launch in the US in early 2019. 40 million tracks will be available in “lossless” quality (FLAC 16-Bit/44.1 kHz, similar to CD quality) and in 320kbps MP3 quality along with extensive meta-data and additional content….
AM BRIEF: Copyright Board, MMA Updates • 100M Steamers For Huawei • Hi-Res Qobuz 2019 US Launch • More
THURSDAY 11.29.18
Music Business News From Around The Web
Updated continuously under the More News tab
This Week On The YouTube Music Charts: ‘Mo Bamba,’ ‘All I Want For Christmas’ and More
Sheck Wes’ track “Mo Bamba” ruled the YouTube Music charts landing at #1, Mariah Carey’s Christmas classic began climbing the charts, and Queen saw continued success after the release of their biopic. YouTube Music Highlights – Sheck Wes – “Mo Bamba” completes its ascent up the YouTube charts, taking over…
Spotify, Soundcloud Bot Farms Continue To Manipulate Streaming Numbers
Bot farms continue to manipulate streaming stats on Spotify and Soundcloud, a year after the streamers and music industry became aware of them, multiple sources tell Hypebot. The bots, which target these two services because they offer free access, are available both home-brewed and professionally marketed. Bots targeted Spotify as…