[UPDATED] Sunday afternoon CDBaby.com went down during what the company says was scheduled maintenance. Almost 24 hours later, the site, an essential sales and distribution hub for tens of thousands of independent artists, was still not online. _______________________________________ Mid-day on Sunday, CDBaby.com became unaccessible because of a "database issue" which…
Category archives: Music Tech
REWIND: The New Music Industry’s Week In Review
This week, as we flip back through a full seven days of exciting music industry news, we revisit Songkick’s trade secret sharing scandal, Sirius’s victory in a pre-72 royalty case, Pandoras case for the construction of a full stack music streaming company, and more! Songkick Alleges Former Exec Shared Trade…
Spotify Joint Venture ‘Soundtrack Your Brand’ Raises $22 million For B2B Music Service
[UPDATED] Spotify joint venture Soundtrack Your Brand has raised $22 million to expand its music for business service. The round was led by Balderton Capital and Industrifonden and will be used to expand globally and evolve its service which allows business to select and play licensed music in stores and…
AM BRIEF: UMG Embraces Hi-Res Streaming • Ticketmaster Adds Apple Music • Kesha v Dr. Luke • More
FRIDAY 2.17.16 Music Business News From Around The Web Hi-Res streaming means a higher premium tier and more revenue for labels and creators. Updated continuously under our More News tab
Songkick Alleges Former Exec Shared Trade Secrets With Live Nation’s Ticketmaster
A major new chapter in the ongoing battle between Songkick and Ticketmaster unfolded this week as Songkick amended its 2015 antitrust suit lawsuit to include information and accusations that it says emerged during discovery. _________________________________ Live Nation owned Ticketmaster allegedly used an old password provided by Stephen Mead, the director…
Pandora Makes The Case For Building A Full Stack Streaming Music Company
Songkick’s Ian Hogworth apparently coined the term, but I first heard about "full stack" music companies during a webinar that PledgeMusic and DotBlockchain co-founder Benji Rogers gave for BerkleeOnline. He was referring to the rollup of PledgeMusic, Noisetrade and Set.fm into a multi-faceted artist services company. Now, Pandora’s Glenn People’s…
Four Companies Could Buy Spotify And None Are U.S. Based, Says Mark Mulligan
According to multiple reports, Spotify will delay its IPO until at least 2018. That’s an expensive choice, thanks to a $1 billion loan with an escalating interest rate. But there may be another reason that Spotify is taking its time. A buyer could swoop into save the rapidly growing but…
THU. BRIEF: Grammys Respond To Beyonce Loss • Hate Rock Reigns On YouYube • Snapchat Values IPO At $22B • More
THURSDAY 2.16.17 Music Business News From Around The Web Some see Beyonce’s loss as indicative of Grammy narrow mindedness, or did it reflect the narrow taste of American music fans? Updated continuously under our More News tab
Vadio Calls It Quits After Burning Through $11.8 Million In 4 Years
4 years. $11.8 million in funding. 1 dead company: Vadio. Vadio was a promising start-up focusing on streaming music video monetization. So WTF happened? Early this morning, the death knell rang loudly as Vadio officially ran out of cash. But here’s the kicker: it turns out that the Portland-based startup burned through nearly $12 million […]
The post Vadio Calls It Quits After Burning Through $11.8 Million In 4 Years appeared first on Digital Music News.
Spotify Adds 1000 Jobs In NYC, Will Move To World Trade Center Thanks To $11M In State Incentives
To think that Spotify has inadvertently (we hope) helped President Trump "make america great again"… The Stockholm based music streamer announced today that it would be adding 1000 jobs in the U.S. over the next two years. Of course, there were also those $11 million in New York rent incentives…