TUE. BRIEF: TikTok Owner To Launch Music Service • Jay-Z, Timbaland Copyright Suit • New Pandora App • More

TUESDAY 5.21.19
Music Business News From Around The Web
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Building Passionate Clusters Of Fans: Niche Is Music’s New Mainstream says MIDiA’s Mark Mulligan

In an increasingly fragmented music landscape where algorithms and streaming emphasize songs over albums and artists, success – even on a global scale – is found in the niches, says top music industry analyst Mark Mulligan of MIDiA. "Fandom is fragmenting," says Mulligan, "but it may be the best thing…

Sony Music To Launch ‘Real Time’ Royalty Payments

Sony Music is promising its artists real time royalty tracking and monthly payments starting this fall. The major music group will launch ‘Real Time Royalties’ and ‘Cash Out’ via its Artist Portal to “allow our artists and royalty participants to view and withdraw earnings faster than ever before.” “Once launched,…

Travis Scott, Maggie Rogers Pledge Merch $’s To Abortion Ban Battle, Billie Eilish Speaks Out

A growing chorus of musicians and other celebrities are speaking out in opposition to recent attempts in Alabama, Georgia and elsewhere ban abortions, with two artists also pledging a days proceeds from their merchandise sales to Planned Parenthood. “I have no words for the bitches in the f–king White House,”…

Set Realistic Goals, Expectations [Music Biz Weekly Podcast]

This week on the Music Biz Weekly podcast Jay Gilbert and Michael Brandvold discuss why you need to set realistic expectations and goals for any project you are working on. It’s your very first release, thinking that Rolling Stone will review is not realistic. You can’t sell out a show…

LÜM Raises $1.2M, Partners With Frank Productions For New Music Discovery Platform

Social music app LÜM has closed its seed round, bringing the Madison, Wisconsin based startup’s total investment to $1.2 million in less than a year. LÜM has also partnered with concert promoters Frank Productions to explore ways to bridge the difficult divide between live and digital music consumption. Focusing on…

Move Over Music, Spotify App Update Highlights Podcasts

The Spotify mobile music app has been renamed Spotify – Music and Podcasts, as the company brings its $500 million bet on podcasting to the forefront of its entire ecosystem. The new design is be available to some users, but the streamer has offered no date for a full roll…

LiveXLive Adds Slacker To App

LiveXLive Media, the music tech company focused on live events, has launched a redesigned app that brings live streams from more than 35 global music festivals together with its Slacker recorded music streaming platform. “The redesigned app allows music fans to access the best in live music events and recorded…

MON. BRIEF: Apple, Amazon, Google Sued For Pirate Selling Records • Spotify Redesign • Rightscorp Fizzles • More

MONDAY 5.20.19
Music Business News From Around The Web
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PledgeMusic Board Issues Statement

For one of the first times since suspending all crowdfunding campaigns on February 3rd, PledgeMusic has issued a short official update. In recent weeks, most communications from the crowdfunder have come unofficially from co-founder and former CEO Benji Rogers. Rogers, who had exited the company more than a year ago,…