The modern music studio is about more than just the musician, and for those looking to pursue a career in the music business, much of what happens in a recording studio is as much thanks to the team of engineers behind the console as the person in front of the…
Category archives: Musician
LiveXLive Revenue Grows, But Losses Continue
LiveXLive Media, the live music and entertainment streaming service, announced record revenue for Q1 2019, but the startup is still bleeding cash. The company posted revenue of $9.5 million for the quarter, up from $7.6 million in the same period in 2018. LiveXLive attributes the improved revenue to strong subscriber…
Eventbrite Revenue, Ticket Sales Up, But Q2 Losses Widen
Ticketing and event platform Eventbrite announced results for Q2 2019, reporting strong revenue growth for the quarter. Net revenue for the second quarter grew by 19.6% to $80.8 million, which the company says was driven by ticket sales and add-ons that allow event creators to upsell ancillary or premium offerings…
AM BRIEF: Apple Music Unveils ‘Digital Masters’ • Capital Congress • Sonos Losses Narrow • Earbuds • More
THURSDAY 8.8.19
Music Business News From Around The Web
Updated continuously under the More News tab
Payola At Radio Never Went Away, says New Report
Broadcast radio has been rocked by at least two payola scandals in the 1960s and again in 2004. But payola – the illegal practice of paying to be played on the radio – is still rampant in the US, according to multiple reports. ___________________________________ “Everyone knows it’s there,” Allen Kovac,…
Why Tencent Wants A Stake in UMG [Mark Mulligan]
Yesterday Vivendi confirmed that it was in talks with Chinese internet giant Tencent to acquire a 10-20% stake in global leader Universal Music Group at a $33.6 billion valuation. MIDiA analyst Mark Mulligan looks at why Tencent might want to invest as much as $6.7 billion in UMG. _______________________________________ By…
The Evolution Of Documenting Song Credits: Split Sheets Go Digital
Co-writing a hit song with one of your bandmates feels great at the time and is all well and good, until down the road it suddenly turns out the two of you have differing opinions on who contributed what, at which point the royalties argument is bound to turn nasty….
The Importance Of Spotify Save Rates, How To Get On Discover Weekly
Here we look at why save rates on Spotify are so important, and how the work to increase your music’s odds of landing on game-changing playlists like Release Radar and Discover Weekly. ___________________________ Guest post by Kieron Donoghue of here.org.uk We all know that getting a song added to an…
Hassles And Handshakes: A Look At Loans For Songwriters
In this piece, Dan Reifsnyder delves into the challenge many songwriters, successful or not, face in attempting to secure loans for major purchases like a house, and what steps you can take to establish a paper trail and make the process that much less of a headache when the time…
Discogs Adds Inventory Platform For Professional Record Sellers, Serious Music Collectors
Music marketplace and community Discogs has launched NearMint, a new software platform for professional sellers. NearMint was created to help professional and hobbyist music sellers manage their inventory and business more effectively. The platform already manages over 1.9M inventory items for a number of large sellers who were part of…