Live Nation Adds Augmented Reality To Concert Experience

Live Nation has unveiled a suite of customizable augmented reality products aimed at creating more immersive ways for fans to connect with artists and brands at live music events. Live Nation roles out new suite of customizable AI products for fans at festivals. Courtesy of Live Nation "More than 90%…

PledgeMusic Board Issue Update: "Still pursuing a sale"

One month to the day after the PledgeMusic board issued a statement that the troubled crowdfunder was headed to administration, the UK equivalent of bankruptcy, the company’s board of directors issued a brief update. "PledgeMusic is still pursuing a sale (which if it happens is likely to be via an…

Spotify CEO Ek says Fans Could ‘Pay Artists Directly’ With Facebook’s Libra Cryptocurrency Can

Libra cryptocurrency would enable fans "to pay artists directly," according to Spotify CEO Daniel Ek. Earlier this week, Spotify became a founding partner in the Facebook led Libra global cryptocurrency initiative. A primary goal of Libra is to bring digital transactions to the hundreds of millions who do not have…

Labels, Streamers, Publishers Pledge To Battle Streaming, But Major Players Fail To Sign On

Spotify, Amazon and Deezer have joined all three major labels and music publishers, the RIAA, the American Association of Independent Music, IMPALA, Merlin, The International Confederation of Music Publishers and other global music industry trade groups in signing code of conduct designed to battle streaming manipulation. MIssing from the list…

Grammys Finally Accept Streaming Links As Submissions

The Recording Academy will finally accept streaming links instead of physical product for award submissions in most categories. In a statement, the Academy also said, "For most categories, we would prefer streaming distribution links for online entry submissions, though CD submissions remain optional." The cost of submitting multiple physical copies…

Why Fans Are More Important Than Listeners

It’s impossible to please everyone, and trying to winner every casual listeners is a futile effort. Instead, artists are better off focusing on their core diehard fans – an overall more easily targeted, easier to keep happy group. _________________________ Guest post by James Shotwell of Haulix You will never please…

UMG Fire Concerns Are ‘Just Noise,’ Says Vivendi Chair, As Music Group Sale Timetable Extended

Even as details emerge of a 2008 fire in a vault holding thousands of Universal Music Group recordings point to devastating destruction of historic masters, the chairperson of UMG corporate parent Vivendi is calling the concerns of artists and producers is "just noise." "It’s a credit to the leadership of…

Using Music Therapy To Process Trauma

The psychological power of music to inspire, energize, and unify is impressive, and new evidence suggests music also carries with it the ability to aid in healing, and furthering people’s ability to better process trauma. _______________________________ In this latest piece from MusicThinkTank, Dan Matthews explores the power of music, and…

Facebook Explains $1B Libra Cryptocurrency Initiative

Facebook has unveiled the details for Libra, its new global cryptocurrency. The social network is launching the currency, similar to Bitcoin, with partners like Spotify, Paypal, Uber, Visa and Mastercard, among others. However, since Facebook is currently under federal scrutiny for its privacy practices and the subject of a new…

THU. BRIEF: UMG Slow Tracks Sale • A2IM Indie Week • Grammys ♥ Streams • Spotify’s Ek Talks Libra • Voisey • More

THURSDAY 6.20.19
Music Business News From Around The Web
Updated continuously under the More News tab