Global music industry convention MIDEM has named its 2019 Midemlab nominees. Designed to honor the 20 best new music tech startups, Midemlab 2019 received 177 submissions from 45 countries. Previous participants in the contest include Soundcloud, the Echo Nest (acquired by Spotify), and BandPage (acquired by YouTube). 2018 winner, Asaii,…
Category archives: Music industry
6 Techniques For Optimizing Your Instagram Page
As should be obvious to everyone by now, Instagram has become one of the most valuable social media tools available to artists, particularly when it comes to making big announcements or keeping in touch with fans. Here we look at six ways you can take your Instagram presence to the…
The 12 Biggest Independent Labels In US
Independent labels account for an estimated 36% of the total US recorded music market. With total revenue of $2.3 billion, here are 12 independent labels that generated the most revenue in the US last year. via Billboard Note: Indie status is determined by label ownership.
Still Holding $5.7 Billion In Debt, iHeartMedia Says Its Restructuring Is ‘Successfully Completed’
iHeartMedia has officially ended its restructuring process. With the balance sheet restructuring, iHeartMedia’s debt dropped from a whopping $16.1 billion to ‘only’ $5.75 billion. CEO Bob Pittman says he’s pleased to have a capital structure that match…
Copyright Directive: Can We Avoid Rotten Apples Through An Early Harvest? [Neil Turkewitz]
Now that the EU Copyright Directive has (for better of for worse) passed into law, in this Op-Ed Neil Turkewitz takes a long and hard look at what the fallout from this new legislation, and looking ahead to how we can build a more creator-friendly world of fair compensation and…
Grow Your Email List, Make A Profit By GIVING AWAY Your Albums
While it may seem counterintuitive to simply give away albums that you’ve poured so much blood sweat and tears into, this new piece from Chris Robley reveals how giving away CDs in pursuit of growing your mailing list can, ultimately, be profitable. ___________________________ By Chris Robley of CD Baby from…
Music Is More Important Than Sex, TV, Coffee New Sonos Survey Shows
Sonos has released the findings of a worldwide survey and US-based field study that demonstrates the power of audio to impact health, well-being and creativity. Globally, people who listen to music three or more hours a day say it is more essential than coffee, sex, or TV. The global survey…
THU. BRIEF: iHeartMedia Completes Restructuring • Eventbrite Losses Widen • Bandier Slams Spotify • More
THURSDAY 5.2.19
Music Business News From Around The Web
Updated continuously under the More News tab
Spotify Says Personalizaton Increased Song Discovery 35%
Spotify says that song discovery is up 35%, thanks to new efforts to personalize the music delivered on the platform. Spotify recently began adding tracks based on the user’s listening habits to many of its curated playlists. Van Morrison fans might suddenly find that his "Warm Love" had been added…
3 Updates Make Facebook A Better Place To Market Music
Facebook is rolling out FB5, a new design for that’s "simpler, faster, more immersive and puts your communities at the center." Three of the updates offer musicians and music marketers new and better opportunities to stay connected with fans and sell more tickets. Some of the updates will roll out…