VEZT, the blockchain powered marketplace that lets fans share ownership with artists in their favorite songs, has announced an advisory board packed with music industry leaders and the hiring of Swedish producer and music tech investor Andreas Carlsson as Chief Strategy Officer. Carlsson, who is known for his writing collaborations…
Category archives: Startups & Funding
Spotify (NYSE:SPOT) To Report Q1 Results May 2
Spotify Technology S.A. (NYSE:SPOT) will report its first quarter 2018 financial results on Wednesday, May 2nd, after the market closes. It is the first time that the music streamer has reported financial results since going public earlier this month. ___________________________ On May 2nd, Spotify will post Q1 2018 financial results…
A&R Meets AI: Why Your Next Label Rep Could Be A Robot
While record label talent scouting may have seemed like one bastion of the industry that was safe from artificial intelligence, Warner Music Group clearly feels differently, having recently acquired Sodatone, a startup which uses technology to identify unsigned talent. ________________________________ Guest post by Bobby Owsinski of Music 3.0 Automation is…
Hi-Rez Streamer Qobuz Names CEO, Plots Summer US Launch
Qobuz, the EU based high resolution music streaming and download service, has named music-industry vet Yann Miossec as CEO. Miossec was EVP of Warner Music France. and is tasked with expanding into the American market, scheduled for the summer of 2018. Qobuz offers a music catalog of 40 million tracks…
Shovels And Rope Talk Running Their Own Festival [INTERVIEW]
In this interview NoiseTrade sat down with indie-folk duo Shovels and Rope to discuss the own managed and curated festival, High Water, a year after its initial launch, as well as what they’ve learned throughout the process, and what we can expect from the festival in the future. _______________________ Guest…
Spotify-Backed ‘Soundtrack Your Brand’ Cuts Direct Deals
Spotify-backed music streaming service Soundtrack Your Brand today announced direct deals with hundreds of music labels, publishers, and collection societies including Sony/ATV, Kobalt, WarnerChappel, ICE (PRS/GEMA/STIM), BMG, ASCAP, SOCAN, SABAM, and APRA. The new deals use a per-stream compensation model that pays creators more accurately for background music used by…
Mixcloud Lands $11.5M, Plots Global Expansion
Online radio and long-form audio streaming platform Mixcloud has closed its first-ever funding wound with a $11.5 million investment from WndrCo, a holding company that focuses on startups operating at the intersection of media and technology. The new capital will be used to scale the company globally, expand the team,…
Spotify Acquires Music Licensing Platform Loudr
Spotify has acquired music licensing platform Loudr. The company was founded in 2013 to build services that make it easy for content creators, aggregators and digital music services to identify, track and pay royalties to music publishers. Details of today’s Spotify Loude aquisition were not announced, but the startup had…
Pure Volume Music Discovery Site To Shut Down
After 15 years as a destination for independent music discovery, Pure Volume is shutting down. The announcement was made via a pop-up on the site. Sunsetting PureVolume.com We regret to inform you that PureVolume.com is shutting down. If you were storing music here, you will have until April 30th, 2018…
Sony Sells $250M Spotify Stock, Labels Eye $3B Windfall
The three major label groups own Spotify stock now valued at as much a $3 billion. That’s led to speculation about what the major record labels will do with their equity stake, now that the music streamer has started trading publicly, as well as, how they will share their windfall…