Etsy Acquires Musical Instrument Marketplace Reverb For $275 Million

Reverb has a sign a deal to be acquired by Etsy for $275 million. The cash deal for the new and used musical instrument marketplace is expected to be finalized in the third or early fourth quarter of the year. "Reverb will remain a standalone business," says Reverb founder and…

Apple Music Launches ‘Rap Life’ Playlist, Beats 1 Show

Apple Music has launched Rap Life, a new global playlist and Beats One radio show spotlighting the best new hip-hop. The move comes in direct response to Spotify top-rated Rap Cavier playlist which has 11.7 million followers. The Apple Music playlist – formerly known as The A-List: Hip-Hop – is…

ROCCR Is A Non-Profit, Transparent PledgeMusic

UPDATED: As the effects of the collapse of crowdfunder PledgeMusic rippled through the music community, Iain Baker of UK rock group Jesus Jones was one of its most outspoken critics. Now, Baker has decided to do something about it with the formation of ROCCR. Alongside partners with expertise in tech…

Stream Rippers Easily Circumvent YouTube Blocking

Last week, YouTube successfully blocked several major stream-ripping sites, according to multiple reports. Now, most of them have found a way to circumvent the blockhead. Stream ripping is currently the number one source of ​music ​piracy ​globally. ​Here’s the update from TorrentFreak: "Mp3-youtube.download almost instantly announced that it was working…

Live Nation Helped Sell 88,000 Metallica Tickets On The Secondary Market

Live Nation directly facilitated the sale of 88,000 Metallica tickets at inflated prices on the secondary ticketing market. This strong piece of investigative journalism by Billboard’s Dave Brooks has finally brought the long-standing practice out into the open. Tickets for Metallica and several other artists were sold directly via the…

AM BRIEF: Apple Elevates Rap Life • Paradigm + CODA • Katy Perry Copyright Case • Rippers Beat YouTube • More

MONDAY 7.22.19
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Studies Show Rapid Decline In Radio Listening Globally

Broadcast radio is still one of the most used sources of media and a top vehicle for music discovery, but it won’t maintain this top spot for long if the current trend holds, according to two major listenership studies ______________________________________ By Bobby Owsinski of Music 3.0 It had to happen…

MUSICIANS: Be Part Of This Important Artist Survey

Last year’s MIDiA survey of musicians was groundbreaking. Now, the music industry consultancy is back with a new edition of the survey that every musician – big or small, indie or major label – should take part in. This time the survey is diving into the tools and services that…

Filter Cancel Reunion After PledgeMusic Fiasco

Last year, the band Filter had announced that original members Richard Patrick and Brian Liesegang were reuniting to record a new album, their first since the band’s 1995 debut, ‘Short Bus.’ The reunion has now been canceled and the band is blaming PledgeMusic. The pair were funding the record with…

IHeartMedia [IHRT] Stock Falls On Market Debut

T he largest radio conglomerate in the US, iHeartMedia, became a publicly-traded company again on Thursday, are launching its direct listing. Shares of the company, which just recently emerged from bankruptcy, are listed under the ticker “IHRT” on the NASDAQ. The stock fell as low as $15.75 in early trading…