From launching as DeliRadio and then pivoting to MAGNIFI, this team always focused on promoting local music scenes and new artists. Now, like too many of their peers in music tech and after raising $9.5 million, MAGNIFI is shutting down. _______________________________________ Live music discovery platform MAGNFI will be shutting down…
Category archives: Music Tech
Apple Jabs At Spotify, YouTube With Proposal That Would Pay Songwriters Just $910 Per 1 Million Streams
The amount that songwriters are paid for streaming is diluted by the hundreds of millions of streams on ad-supported music services like Spotify free and YouTube. Apple has filed a proposal that would change that, and unsurprisingly also strengthen its own hand in its battle against its rivals. ________________________________________ Apple…
REWIND: The New Music Industry’s Week In Review
In this round of our weekly wrap of big music industry news stories we look at the NMPA and Spotify’s declaration of victory, broadcast radio’s decline in influence, SFX’s withdrawal of its Beatport sale, and much more. NMPA And Spotify Declare Victory, But David Lowery Says Fight Has Just Begun…
Time Travel, Teleportation And Music Publishing Metadata
This article looks at the value of metadata, as well as the challenge of keeping it accurate and up-to-date over time, as ownership and rights can easily change from year to year, as well the difficulties of dealing with geographical shifts. _____________________________ Guest Post by Annie Lin If you work…
FRI. BRIEFING: Vevo Revamps, Adds Curators • $1B Line IPO • Eventbrite Adds Venues • SupaPass • More
Friday 7.15.16 Music Business News From Around The Web Video has become more important than ever, but Vevo has always been an afterthought. It’s hard to see how any revamp can change that. Updated continuously under our More News tab
Rhapsody Is Now Officially Napster, User Growth Flat At 3.5M Globally
[UPDATED] The planned transition uniting the Rhapsody and Napster music streaming services under the Napster brand is complete and with the announcement came paid subscriber stats. __________________________________________ This expected news came from Napster today: "All products operating under Rhapsody have been changed to Napster, forming one global brand across 34…
Will Virtual Reality Usher In A Creative Rebirth For Music Videos?
Although music videos and their accompanying budgets slipped into a decline after the early 2000s, the rise of VR could spell a resurgence, as a whole host of creative doors are opened. __________________________ Guest Post by Bryce Clemmer, CEO and co-founder of Vadio If you grew up watching MTV in…
Google To Copy Apple’s 2014 Family Plan, Expand Sharing To 6
Family Plans and multiple user offerings are one of the lures for the digital content marketing. And while 6 people on one account certainly lowers the per user payments to creators, they’ve proven to be an effective sales tool. Now Google is finally expanding their offering to match Apple’s. ________________________________________…
WED. BRIEFING: YouTube: $1B To Creators Last Year • Spotify Adds Artist Radio Shows • Google Play Expands Sharing To 6 • More
Wednesday 7.13.16 Music Business News From Around The Web $1 billion per year from YouTube sounds like a lot until you break it down per stream. Updated continuously under our More News tab
SFX Withdraws Beatport Sale
SFX would appear to be running out of options in its efforts to exit bankruptcy. After selling digital marketer Fame House and ticketer Flavorus to Universal Music Group, SFX withdrew its bankruptcy reorganization plan in favor of dealing directly with creditors. Now it’s withdrawn a proposed Beatport sale. _______________________________________ In…