With the ubiquity of music access and a lack of any need for patience, the term "skip-rate" has crept into the modern music industry lexicon, and some new data behind why and when consumers are skipping songs (and thereby not generating revenue for the artist) has many in the industry…
Tag archives: Musicians
Setting Up A Foolproof Home Practice Space
Improving as a musician without practicing is impossible, and practicing without a space to do it in is similarly difficult. In this piece we explore how to allocate the optimal practice space with regard to temperature, humidity, and tech needs. _________________________ In this new post to MusicThinkTank, contributor Dan Matthews…
Songtradr Adds $12 Million To Fund Global Growth
Music licensing platform Songtradr has completed a Series B capital of US$12 million to support acquisitions, growth and product development. This round brings Songtradr’s total funding to date to $21.5 million. Billing itself as the only fully-automated, open marketplace for music licensing with over 400,000 artists and catalogs from 190+…
Songs By Jay-Z, Nina Simone, More More Added To National Recording Registry
The Library of Congress announced Wednesday (March 20) that songs performed by Jay-Z, Cyndi Lauper, Neil Diamond and Nina Simon are among 25 recordings being inducted to the National Recording Registry. This year’s selection includes: Jay-Z’s Blueprint album, Lauper’s “She’s So Unusual,” Diamond’s “Sweet Caroline,” Simon’s “Mississippi Goddam,” Earth, Wind…
Splice Raises $57.5M, Artist Payments Pass $15M
Splice has raised $57.5 million in a Series C round to expand its music sample subscription service and other artist services. The startup also announced that it has paid $15 million in royalties since launching in 2013 to creators who offer samples through the company’s artist-to-artist service, Splice Sounds. Leading…
THU. BRIEF: Splice Raises $57.5M • Tencent Music Tumble • Pandora Celebrates Spring • Tuner • More
THURSDAY 3.21.19
Music Business News From Around The Web
Updated continuously under the More News tab
6 Event Marketing Tips From The Facebook Live Team
As with everything else that takes place live, Facebook Live moments can be an unpredictable beast, and using the tool successfully means being prepared for mishaps and pitfalls. Here we look at six essential tips from the from the Facebook Live team. _______________________________ Guest post by Ronnie Higgins of Eventbrite…
Tencent Music [NYSE: TME] Stock Fell 11% Wednesday
UPDATE 2: Tencent Music [TME] stock took a hit Wednesday after the streamer’s first post-IPO report to investors included a $127 million quarterly loss. Tencent stock closed Wednesday at $16.66 USD, down $1.91 or 10.29% and fell another 1% in after hours trading. Investors were not happy, even though the…
BUSINESS OF INDIE: Chess Club Records • Big Hit Entertainment • Prima Classic • Ditto • More
In this week’s edition of the Business Of Indie, Chess Club Records adds an investor and new distribution, BTS propels Big Hit Entertainment, indie label Prima Classic launches, Ditto adds a management division and much more. Like Hypebot’s More News section, The Business Of Indie is nestled under its own…
Streaming Music Forecast 2018 – 2026 [MIDiA]
Respected music and entertainment industry analysts MIDiA have just published its latest global music forecasts, with revenue and user numbers projected through 2026. __________________________ From MIDiA’s Mark Mulligan from the Music Industry blog 2017 was the last year of strong streaming revenue growth. From 2018 onwards streaming growth will lessen…