Streamer Boomplay Music Raises $20 million

African based music streamer Boomplay Music has raised $20 million in Series A funding to expand across Africa. The company reports more than 44 million app downloads and is adding an average of 2 million new subscribers monthly. Boomplay is a joint venture of Chinese phone maker Transsion and Chinese…

450,000 Deleted MySpace Tracks Saved, Including Early Katy Perry, Danny Glover

After learning last month that MySpace had "lost" millions of tracks and photos uploaded before 2016 in a data transfer, collectors went into action. Now an archive of 450,000 form MySpace have found a new home within the Internet Archives. Called the MySpace Music Dragon Hoard, the 450,000 songs include…

Why You Should Put It In Writing

While music industry partnerships may feature a lot casual agreements and handshake deals publishers and artists alike stand to benefit from taking the extra step of documenting these agreements, both to avoid complications down the road and to give yourself a sense of agency. ______________________________ Guest post by Jake Udell…

How To Make Smart Music Marketing Happen

In this final of a five part series on how to effectively allocate money in the correct places in order to benefit your music career, we hear from multiple industry experts on which creative marketing techniques can help artists can do to stay competitive in an increasingly challenging industry. ___________________________…

Daytrotter Moves Iowa Studio To Atlanta To Strengthen Paste Magazine Connection

Daytrotter has closed its Davenport Iowa venue space and recording studio and will relocate to Atlanta.The move will put Daytrotter closer to Paste Magazine, the online publication that hosts Daytrotter’s catalog of more than 7,000 live music sessions. The Atlanta studio will be open by July 1. The lease on…

Midem Names Artist Accelerator Finalists 2019 From Record Number of Entries

Midem has announced the finalists for its 2019 Artist Accelerator competition after a record number of submissions, including from 24 new countries. The event, which is this year presented by label and distribution company Amuse, will see artists receiving access to professional mentoring and networking, including free legal consulting by…

Impala, AIM Express Concerns As Brexit, UMG Sale Loom

As Brexit uncertainty grows and suitors circle Universal Music Group, EU independent music trade groups IMPALA and AIM are calling on both the EU and the UK to ensure that the needs of the cultural and creative sectors are prioritized in negotiations. The IMPALA board held their board meeting in…

Drowned In Sound Goes Under

Online music publication Drowned In Sound, has stopped publishing after almost 20 years. Some writers are waiting for payment, according to multiple sources, though UK-based founder and editor Sean Adams says that previously commissioned pieces will still be honored and published on the site’s Medium blog. The site’s archives and…

Why Would Anyone Invest In Post-Bankruptcy iHeartMedia? Because ‘Radio Motivates Behavior’ says Fred Jacobs

At a time when more younger listeners are tuning out in favor of streaming and other forms of media consumption, broadcast radio giant iHeartMedia is hoping to raise $100 million in an IPO. If an aging audience isn’t enough to scare off investors. the fact that iHeart is just emerging…

10 Trends Reshaping The Music Business [Mark Mulligan]

Streaming may get all the headlines, but it is far from the only factor that’s driving strong and and sustained growth in the recorded music industry; and the ripple effects of these trends will reshape the music industry for years to come. MIDiA analyst Mark Mulligan offers 10 trends reshaping…