Patreon Raises Some Prices, Reports 100K Creators Earn $500M Yearly

[UPDATED] Patreon has added new tier pricing which mean higher fees for many new creators using the fan funding platform. To take advantage of the lower grandfathered rates, creators must Patreon in the next few weeks before the new rates hit in early May. 3 million fans now pay 100,000…

Pandora Adds ‘Modes’ For Custom Lean Back Listening

Pandora has added Modes, a new feature for both free and premium users to customize the listening experience on Pandora stations. New are selectable modes within stations including “Crowd Faves” (most thumbed-up tracks by other listeners), “Discovery” (hear more songs by other similar artists) and “Artist Only” (songs only by…

Canadian Independent Music Association Gets $20M From Federal Government

The Canadian Independent Music Association has been awarded $20 million the federal government over the next two years for the Canada Music Fund. The CMF has been a critical source of support over the years but had been underfunded and over-subscribed for the past decade. “This funding increase is fantastic…

Tencent Music Posts $127M Loss, 664M Monthly Active Users

Tencent Music posted a $127 million loss in its first quarterly report its a December 2018 IPO. The loss, which the streamer forecast in its IPO prospectus stems from a one time $221 million stock issuance to Warner Music Group and Sony Music Entertainment. Tencent Music reported 664 million monthly…

WED. BRIEF: Tencent Music Posts $120M Loss • Pandora Adds Modes AEG Adds Mission Fair Ticketing • More

WEDNESDAY 3.20.19
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The Value Consistant Branding In Music

As an artist, cultivating and communicating and image to your fans is important for success, but just as important to that success is consistently maintaining said image, so that consumers know who you are and what it is that you create. ______________________________ Guest post by James Shotwell of Haulix Your…

PledgeMusic Debacle Update [Iain Baker of Jesus Jones]

Iain Baker of Jesus Jones provides an update on his battle with troubled Pledge Music; a debacle which has grown into a full on financial crisis for both artists and fans, with no yet in sight. ___________________________ Guest post by Iain Baker from Music Technology Policy [We’re pleased to provide…

A Formula For Viral Music Marketing [Jack Udell]

For anyone marketing in a social space, a viral hit is the holy grail, but coming up with a teachable formula which accurately quantifies and maximizes the possibility for viral success is no easy task. ___________________________ Guest post by music manager Jake Udell of Art of Manager How do you…

Fiona Apple Teases New Music With Instagram Videos

Fiona Apple has teased new music with two very casual videos on Instagram. The visual social media platform is gaining major traction as a music marketing channel, even as it’s owner Facebook’s effectiveness declines.

BTS Pre-Sale Exceeds 2.6 Million Albums In Just 5 Days

K-Pop superstars BTS have pre-sold more than 2.6 million copies of the album "Map of the Soul: Persona" Set to be released on April 14, the album may be the biggest pre-sale in history, a particualty impressive feat in an era where streaming has surpassed physical sales. BTS hit this…