Will Woodstock 50 ever take place? That’s the question on festivalgoers’ minds. So far this year, organizers have raised two red flags signaling the music festival’s imminent demise. First, Woodstock 50 co-founder Michael Lang seriously delayed unveili…
Author archives: Daniel Sanchez
Paste Media Group Purchases NoiseTrade from Failed Platform PledgeMusic
No, the NoiseTrade purchase doesn’t mean artists will finally get their money from PledgeMusic. You know the story by now. Last year, British crowdfunding platform PledgeMusic withheld payments to artists and bands. Blaming a ‘transition in payment pla…
Sony Music’s 2018 Sales Fall Flat as Revenue Drops Nearly 9% Over Last Year
Sony Music has published its full-year earnings report for its 2018 fiscal year. For the fiscal year ending March 31st, 2019, the company brought in ¥427 billion ($3.8 billion) in recorded music revenue. This figure represents an 8.6% drop year-over-y…
Motown Records Unveils Two Mentorship Programs in Detroit
Motown Records has issued a call to all artists, groups, and music tech startups in Detroit. The company has confirmed the launch of two new mentorship programs. The first, dubbed the Motown Musician Accelerator, will provide individualized coaching, n…
Childish Gambino Partners with Google to Launch Pharos AR App
During his performance at Coachella, Childish Gambino (i.e., Donald Glover) dropped a surprise for fans in attendance. Using Apple’s AirDrop technology, the hip-hop artist/actor treated fans at the General Store with a photo. Fans who accepted the pho…
India Reverses TikTok Ban; App Reportedly Still Remains Unavailable
Two months ago, enraged lawmakers in India spoke out against TikTok. According to authorities, the app encouraged young adults to engage in “cultural degradation.” This came after the death of a college student as well as a suicide. Last October, a 24-…
Florence + The Machine Beats Adele’s All-Time Recognition Record on Shazam
Several years ago, Adele set a seemingly unbreakable record. Users on Shazam searched for her 2015 single, ‘Hello,’ over 200,000 times in its first 24 hours. Breaking that number down, more than two people every second searched for the song during that…
Three Six Mafia’s DJ Paul Sues Travis Scott for $20 Million
Three Six Mafia’s DJ Paul has filed a $20 milion copyright infringement lawsuit against Travis Scott. Filed at the U.S. District Court for the Central District of California, DJ Paul – real name Paul Duane Beauregard – claims Scott’s ‘No Bystanders’ “b…
Indian High Court Orders Spotify to Delete 120,000 Songs
Things haven’t gone so well for Spotify in India. Two months ago, Spotify finally launched in India. At first, everything seemed to go well for the streaming music giant. In its first week, the company announced that it had reached 1 million users on i…
SiriusXM Reaches 34.2 Million Subscribers, But Pandora Radio MAUs Drop to 66 Million
Good news and bad news for SiriusXM investors. Earlier this morning, SiriusXM published its first quarter (Q1) 2019 financial report. First, the good news. The satellite radio company’s pro forma revenue jumped 10% to $1.9 billion, up from $1.7 billion…