Category archives: Music Business

Vevo Hires Goldman Sachs To Raise Up To $500 Million

Vevo has hired Goldman Sachs to help it raise $3-$500 million, according to The Financial Times. The money will fund international expansion, acquisitions and original programming. UMG and Sony each own about 40% of the music-centered digital video service. Related articles Why Taylor Swift Chose Not To Fight YouTube Taylor…

Pandora Nears Launch Of On Demand Streaming Service, Overseas Expansion

Pandora could launch their promised on demand streaming music service as early as next month, according to multiple sources. But with Apple, Spotify, Tidal, Rhapsody, Slacker, Soundcloud, Deezer and others fighting for market share; and Rdio, Guvera and CUR dead or very close to it, Pandora will join a glut…

6 Questions Every Artist Ought To Ask Before Releasing New Music

For a musician, releasing new music should be a positive experience, rather than an anxiety inducing one. Here we look at six questions artists should ask themselves in advance of dropping new tracks to help ensure that the release goes as planned. __________________________ Guest post by Scott Parsons of Landr…

Music Streamer CÜR On Brink Of Bankruptcy After Raising More Than $15 Million, Stock Falls 54%

CÜR Media, the parent company of unlaunched streaming service CÜR Music is on the brink of bankruptcy, despite raising millions. The CÜR collapse follows the recent $18 million failure of social music service Crowdmix before it had launched and the current flameout at music streamer Guvera. _________________________________________ Former UMGD, CUR…

ASCAP , BMI And The Terrible, Horrible, No Good, Very Bad DOJ Decision That’s Creating Chaos In The Music Industry

In this article, Stephen Carlisle dives back into the controversial decision handed down by the Department of Justice, breaking it down piece by piece and looking both at why the decision is harmful to the industry, and a violates due process. ______________________________ Guest Post by Stephen Carlisle on Nova Southeastern…

15 Reality Checks Young Musicians Need To Hear

While young musicians unquestionably have a lot of talent and inspiration to bring the table, a lack of knowledge about the realities of an industry as competitive as the music business can often lead new artists to make mistakes or experience setbacks that a dose of reality early on could…

Music Publishing News Roundup 8.19.16: New Songwriter Rate Proposal • $1B Blockchain Investments • Russian PRO Fraud

The National Music Publishers Association and Nashville Songwriters Association International have submitted a new rate proposal to the Copyright Royalty Board. For digital licensing, the NMPA/NSAI are proposing a “three-pronged” formula to determine mechanical rates, with the enacted prong being whichever formula results in the most revenue at the end…

UK Vinyl Buyers Different From Those In The US

Although vinyl’s new popularity boom spans overseas to the UK, the demographic of vinyl consumers there is significantly different, with UK listeners averaging much older than those in the US, although there listening habits are fairly similar. ____________________________ Guest Post by Bobby Owsinski on Music 3.0 Although vinyl doesn’t contribute…

Apple Music Releases Exclusive New Frank Ocean "Visual" Album

Apple Music is continuing its streak of major exclusive releases with the debut of a Frank Ocean "visual album." As with other streaming exclusives, we’ll be watching to see if Ocean’s fans sign up for Apple Music, try it free for 90 days and opt out or find an unauthorized…