Benji Rogers is returning to PledgeMusic as a "volunteer strategic advisor and observer to the board" as the music crowdfunding platform continues to struggle to pay artists monies pledge to by their fans. In keeping with the sincerity and openness that has made him a popular figure in music tech,…
Category archives: Music industry
Average Spotify User Paying Only $5.50 Per Month
While industry insiders have suggested that a $5 price point is an ideal monthly streaming amount as far as maximizing growth, major labels have generally forced platforms’ hand closer to a $9.99 charge. A new dip into Spotify’s finances, however, has revealed that the average user of that platform is…
Pandora CEO Roger Lynch, Other Execs Exit As Shareholders Approve Sale To SiriusXM
Pandora (NYSE: P) stockholders voted on Tuesday to approve the audio streamer’s acquisition by SiriusXM. At the special meeting stockholders with 75% of the outstanding voting power voted, with 97% of the votes cast in favor of the transaction. The transaction is expected to close shortly and shares of Pandora…
Four Types Of Indie Music Fans
Here Nick Carr of RazrMusio dissects the four types of people who typically comprise a listening audience, and how one can go about converting a casual attendee into a dyed-in-the-wool-fan. ____________________________ Guest post by Nick Carr of RazrMusic I help run an acoustic music night at a local pub in…
BUSINESS OF INDIE: Fearless Turns 25 • Humble Angel Adds Dance Imprint • Orchard Sells TV, Film Division • More
In this Tuesday edition of the Business Of Indie roundup, we look inside the wonderful world of independent music as Fearless Records turns 25, Humble Angel Records adds a dance imprinte, The Orchard sells its TV and film division and much more Like Hypebot’s More News section, The Business Of…
SoundCloud Revenues Up 80%, Tops $100 Million
SoundCloud, the Berlin-based music streaming platform, made good on its promise to bring in more than $100 million for the 2017 calendar year, according a filing with UK Companies House this week. According to the filing, SoundCloud’s global revenues hit $102M in 2017. That’s an increase of 80% over the…
Grammys + IBM + Muzooka = New AI Powered GRAMMYconnect
The Grammys have created a new site that traces the connections – both obvious and wonderfully obscure – between the 19,000 artists and individuals that have been nominated for or won a Grammy over the years. Created by Havas, GRAMMYconnect leverages IBM Watson’s artificial intelligence to comb the web, along…
5 Common Denominators of Successful Songwriters, Composers, Producers and Engineers
Veteran music producer and educator Gary Gray shares some common denominators of successful songwriters, composers and producer and engineers. Our favorite: “I’m Either Networking or Notworking!" ________________________________________ By producer Gary Gray of the New Artist Model’s Lucrative Home Studio In music, success can seem very elusive. Some songwriters, composers, and…
4 Ways The Business Of Music Videos Will Dramatically Shift In 2019 [Cheri Hu]
In this piece, Cherie Hu speculates on four important way in which the music business, or more specifically the music video business, will radically transform in 2019 for both creators and consumers alike. ________________________ By Cheri Hu. This first appeared on Forbes. Speaking at the Cardozo School of Law on…
PledgeMusic Pays Fastball 50%, As Others Exit Platform
Last week, Bob Lefsetz brought the plight of the many artists that have not been getting paid on time by PledgeMusic for the last 6 months to a broader audience. Now Fastball, Bob ‘s posters boys for PledgeMusic transgressions, report that they received a little over half of the money…