In this newest edition of the Business Of Indie, Souncloud names a liaison with the independent music community, distributor Syntax exits san Diego for Nashville, the Americana Awards names nominees and much more. Like Hypebot’s More News section, The Business Of Indie is nestled under its own Indie tab at…
Category archives: Music Tech
How Cameo App Can Jumpstart Music, Tour Promotion
Celebrity endorsements have long been a powerful force in the music industry, helping to propel certain releases on to massive success. Now, thanks to Cameo, these gold stars of approval are easier (and cheaper) to get than ever before. ____________________________ Guest post by James Shotwell of Haulix Celebrity endorsements can…
DJ Khaled, Maren Morris, More Lead Pandora ‘Sound of Summer’ Campaign
Pandora is teaming with DJ Khaled, Maren Morris, Thomas Rhett, Natti Natasha and Dalex among others for the third edition of its recurring “Sound On” series for the upcoming summer season. The streaming service’s “Sound of Summer” campaign, which is geared towards “inspiring listeners to get out and discover their…
More Crowdfunding Trouble? Layoffs At Indiegogo, CEO Exits
The CEO of crowdfunder Indiegogo is exiting "for personal reasons" amid multiple reports of layoffs at the company. Former Reddit exec Andy Yang will takeover as Indiegogo CEO today. Both Indiegogo and Kickstarter have been criticized by users after some crowdfunding campaigns failed to deliver promised products. More recently, music…
Tracklib Raises $1.7M For Easy Music Sample Licencing
Music sampling startup Tracklib has raised $1.7 million. The new funding for the Stockholm based company was led by the Sony Innovation Fund, WndrCo and Jörg Mohaupt, an early-stage investor who also has stakes in Discogs and Amuse. Tracklib enables instant licencing of music samples. J.Cole’s latest double-platinum single Middle…
Spotify Resets Some Passwords After ‘Suspicious Activity’
Spotify has notified some users that their account passwords had been reset. In an email to some Spotify users, the streaming giant said the password was reset “due to detected suspicious activity.” “As part of our ongoing maintenance efforts to combat fraudulent activity on our service," a Spotify spokesperson told…
Sofar Sounds Adds $25M While Musicians Make $100 A Show
Sofar Sounds has announced $25 million in new funding led by Battery Ventures and Union Square Ventures with participation from existing investors Octopus Ventures and Virgin Group. That brings total investments in Sofar to $31 million. Three months ago, former Spotify and The Echo Nest executive Jim Luccesse was name…
Sony/ATV, Music App Developer Gismart Ink Content Deal
Sony/ATV Music Publishing has signed a global content licensing deal with music app maker Gismart. Titles from music apps and games publisher have over 350 million downloads and 17 million monthly active users across its product portfolio. The new deal will allow Gismart apps, such as Karaoke Face, gain access…
WED. BRIEF: Sofar Raises $25M • Pandora Predicts Summer • Leadership Music Turns 30 • eOne Earnings • More
WEDNESDAY 5.22.19
Music Business News From Around The Web
Updated continuously under the More News tab
Music WorX Startup Accelerator Opens Applications
Music WorX Accelerator 2019, the start-up funding program of the German Ministry of Culture and the Media and the Hamburg Kreativ Gesellschaft, is accepting applications. Music WorX Accelerator helps music and music tech founders from all over Europe. In this accelerator program, up to four start-up teams are supported for…