TuneCore recently announced that it plans to partner with and become the official digital distributor for Songs of Love, an organization which matches songwriters with children and teens in difficult medical and emotional situations to create one-of-kind songs for them. ________________________ Guest Post by Kevin Cornell on the TuneCore Blog…
Category archives: Startups
Do Modern Artists Really Need Record Labels?
Do artists operating in today’s music economy really need record labels to succeed, or can they simply rely on administrative royalty collection services like Kobalt? The answer may depend on how established the artist already is. _____________________________ Guest Post by Bobby Owsinski on Music 3.0 Here’s a very interesting video…
UPDATE: $9 Million Later, Music Dealers Abruptly Shutters Sync Licensing Service, Musicians Go Unpaid
UPDATE: A music tech startup going out of business is often just another sad story. But Music Dealers raised big money and cut big deals. Now it’s founder has moved on to a glitzy new startup co-founded with a former exec of the defunct synch licensing site’s top former clients….
SFX Considers Legal Action Against Founder Sillerman, Top Execs
The fall of controversial SFX founder and former CEO Robert "FX" Sillerman has been as dramatic as his rise. The next chapter in his demise is likely to include a gaggle of lawyers, as the new group in control of SFX signals legal action against him. _____________________________________________ New documents filed…
SoundCloud Is For Sale, But They’re Having Trouble Finding A Buyer
SoundCloud is finally starting to seriously monetize their content, but profitability is still just a distant hope. That sent the startup in search of funds; and in June, SoundCloud raised $70 million from Twitter in a $100 million funding round at reported valuation of $700 million. Now Soundcloud is for…
Canadian Music PRO SOCAN Acquires Jeff Price’s Audiam "to finally fix the global industry problems"
In May, Canadian performing rights organization SOCAN acquired music and metadata delivery technology provider MediaNet. Late yesterday, they added Audiam, a digtal music licensing and royalty collection service, to their music tech portfolio. _______________________________________________ Canadian performing tights organization SOCAN has acquired Audiam. Founded in 2013 by TuneCore founder and former…
Magnifi To Shut Down After Raising $9.35 Million
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…
Do You Have the Expertise to Make Your Contracting Business a Success?
How do you know if starting a contracting business is the right move for you?
‘Playing For The Cause’ Works To Link Artists, Local Charities
For artists who want to make a greater positive impact beyond simply the songs they write, Playing for the Cause acts a link between said artists and charitable non-profit organizations. Here we speak with founder Lynn Cook about PftC’s creation and goals. ____________________________ Guest Post from PledgeMusic News Many artists…
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…