Recording artists, songwriters and the music industry are under siege, says Richard James Burgess, CEO of indie music trade group A2IM. Music is catnip for consumers, says Burgess, and creators and rightsholders are not properly protected or compensated. _____________________________________ (Title inspired by A2IM Libera Awards Independent Icon winners, Naughty by…
Category archives: Music Tech
Spotify On Track To Pay Music Industry More Than $1.6 Billion In 2016
Spotify announced that its total payments to artists, labels, publishers and other rightholders now tops $5 billion.That’s up $2 billion from June 2015, when the music streamer shared that it had paid out $3 billion total. At this pace, which is likely quickening, Spotify is paying the music industry $133…
Spotify SoundCloud Acquisition Could Come At A Deep Discount, As Traffic Flattens
There are conflicting reports has to how likely a Spotify acquisition of SoundCloud is, but any deal would likely happen at a price far below the $700 million – $1.2 billion which investors have valued the company during previous funding rounds. __________________________________ The valuation of SoundCloud fell from around $1.2…
FRI. NEWS BRIEF: SFX Post-Bankruptcy OK’d • Beyonce Invests In Startup • Pandora Thumbprint • More
FRIDAY 9.30.16 Music Business News From Around The Web A new chapter of SFX begins. Sillerman almost killed the company, but what is it without him? Updated continuously under our More News tab
AM NEWS BRIEF: SFX Post-Bankruptcy OK’d • Beyonce Invests In Startup • Pandora Thumbprint • More
FRIDAY 9.30.16 Music Business News From Around The Web A new chapter of SFX begins. Sillerman almost killed the company, but what is it without him? Updated continuously under our More News tab
SF MusicTech Names Winners Of 2016 Startup Competition
After careful consideration and many impressive entries, the winners of the SF MusicTech Summit 2016 Startup Competition have been announced. Each winner will be showcasing onstage during the Summit on Monday, October 17th. And don’t forget, Hypebot readers receive discounted registration to the Summit using the code: HYPEBOT or by…
Doc McGhee, Leon Russell, Rod Essig Among 2016 Nashville Association of Talent Directors Honorees
The Nashville Association of Talent Directors (NATD) has announced the music industry figures who will be recognized at this year’s 6th Annual NATD Honors Gala including Doc McGhee, Leon Russell and Rod Essig. _______________________________________ Honorees at the 2016 Nashville Association of Talent Directors Gala will include: Rod Essig, Agent and…
Spotify Finally Launches In Japan, World’s 2nd Largest Music Market, Debuts New Lyrics Feature
Spotify has finally launched in Japan. The world’s second biggest music market is a notoriously finicky one and slow to change. CD’s still sell in large numbers there, despite early digital adoption elsewhere in the culture. With the launch also came the overdue re-introduction of a Spotify lyrics feature. ___________________________…
Spotify, SoundCloud Deal May Not Happen [New Report]
Late Wednesday came reports that Spotify was in advanced talks to acquire SoundCloud, and that an announcement of the deal could be made very soon. Now, a new report asserts that the deal is far from done and could go either way. _________________________________________________ Will Spotify acquire rival SoundCloud? "People I…
THU. BRIEF: Shazam – 1B Downloads, Profitable • Spotify Adds Japan • SoundCloud + Spotify Reaction • More
Thursday 9.29.16 Music Business News From Around The Web Soundcloud deal or not, Spotify’s rate of expansion and innovation is accelerating impressively, but I’d still rather own stock in Shazam. Updated continuously under our More News tab