[UPDATED] Radionomy, which allowed users to create online radio stations, will shut down U.S. streaming at the end of this week.The announcement offered to migrate stations to Shoutcast for Business. U.S. music licensing rates set by the Copyright Royalty Board made streaming to U.S. listeners unsustainable for the company, according…
Author archives: Bruce Houghton
QUICK HITS: Verve • Downtown Music • Dubset + Pioneer • SNG Music • UTA Adds Sean Hill
UMG’s Verve Label Group has promoted two of its senior executives. Jamie Krents has been named executive vice president, Verve and Impulse!, and Dahlia Ambach Caplin has been named senior vice president of artist & repertoire for Verve and Impulse!. • Downtown Music Publishing has promoted Roberto Neri to Executive…
Music Leaker DBR.ee Shut Down By Industry Trade Groups
File-hosting service DBR.ee has been shut down by a consortium of thee music industry trade groups. The site has often been used to share leaked music from Big Artists and other major artists prior to release. The RIAA, IFPI and Music Canada joined to push for the shutdown, which follows…
Robert Plant’s Podcast Explores His Musical Influences
Robert Plant will launch a podcast, “Digging Deep: The Robert Plant Podcast,” on Monday, June 3. It will be available on all major streaming platforms. “Making records is a very personal experience,” Plant said in an audio clip. “I was so desperate to get away from that environment, and I…
AI Generated Music Gets $1.8M Boost With Amadeus Code Investment From World Innovation Lab
AI music generation platform Amadeus Code has landed $1.8 million in Series A funding.The round was led by VC firm World Innovation Lab. WiL’s Masataka Matsumoto will join coompany’s board. Amadeus Code is an artificial intelligence-powered songwriting assistant that breaks melodies down into their constituent parts (“licks”) and transforms them…
LiveXLive Subscribers Up 50% To 700K As Losses Rise 135%
LiveXLive Media issued an updated financial guidance that estimates it will end fiscal year 2019 with revenue of $33.0 million to $34.0 million, up 365% from $7.2 million in 2018. But the company is estimated to close fiscal year 2019 with an operating loss of $34 million to $36 million,…
Eventbrite President Andrew Dreskin Steps Down
Eventbrite President Andrew Dreskin is exiting his leadership role at the independent ticketer. “After more than a decade at Ticketfly, two acquisitions, and all told almost 20 years running ticketing companies, it feels like the right time for me to transition into a different role,” Dreskin told Billboard’s Dave Brooks,…
WED. BRIEF: RIAA Privacy Efforts • New iPods • Billboard Int’l Power Players 2019 • More
WEDNESDAY 5.29.19
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Monetising Fandom: How ByteDance Is Poised To Lead A Streaming Paradigm Shift [Mark Mulligan]
Music subscriptions are going a great job of monetising music consumption, says MIDiA analyst Mark Mulligan, but the next phase is monetise music fandom. "In short," he says, "streaming needs to figure out how to bring heart and soul back to music. ____________________________ By Mark Mulligan of MIDiA from his…
URSA Music Offers Artist Center Streaming Platform
The co-founders of URSA Music, Christopher Jones and Chad Royce, join Michael Brandvold and Jay Gilbert on the Music Business Weekly podcast. URSA is the only streaming service that features extensive Artist-controlled profiles, including Music, Photos, Videos, Tour Dates, Bios,and more, all in one place. Ursa’s mission to frame artists…