Downtown Music Publishing has expanded its licensing agreement with YouTube to include performance […]
Investing 101: Do’s and Don’ts
Doing your research, understanding risks and rewards and keeping your emotions at bay are just a few ways to invest wisely, according to Brittney Castro.
Alex Turner Talks Last Shadow Puppets & ‘Everything You’ve Come To Expect’
Alex Turner and Miles Kanes, aka The Last Shadow Puppets ooze rock & roll. From the second you step into their world, it’s as if you’ve crossed into a separate but parallel reality, and make no mistake: this is their world and you’re only a tourist. The duo thrive on each other, cracking jokes
State Of The Music Industry By The Numbers [CHART]
The IFPI released their Global Music Music Report 2016 today. In addition to showing the first industry growth in 20 years and the explosion of streaming, it also contains some other surprising and important stats. This chart summarizes all the key findings.
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MORE: Global Music Revenue Up 3.2% As Digital Passes Physical, Streaming Explodes – IFPI Global Music Report 2016
Led Zeppelin Heading to Court Over ‘Stairway to Heaven’
The ongoing copyright dispute over Led Zeppelin’s “Stairway to Heaven,” filed by the estate of former Spirit guitarist Randy Wolfe, will head to trial, Reuters reports.
The case dates back to 2014 when Michael Skidmore, a trustee for Wolfe’s estate, sued Zeppelin, claiming the band stole the intro to 1971’s “Stairway” from Spirit’s 1968…
The Qemists Fight The Dark Side With ‘Warrior Sound’
UK rock outfit The Qemists are a busy, busy band. They have just released their new album The Warrior Sound. With a diverse, yet unified bunch of inspirations, The Qemists are an intriguing musical sound. They are drum and bass aficionados who believe their hurtling breakbeats sound best under
The 3 Drawbacks of Subleasing an Office
Subleasing’s benefits include lower rents and shorter terms, but there’s almost always a catch.
Lady Gaga’s Backplane Failed Miserably, But It’s Not Over Yet…
Backplane has crashed and burned. But it ain’t over yet, according to a TechCrunch report.
Back in June 2011, Lady Gaga and her manager, Troy Carter, launched a social network startup called Backplane. Investors quickly jumped on board and the business initially got off the ground with $1 million funding from Google’s Executive Chairman, Eric Schmidt.
The aim of the business was to provide a single platform for online communities by combining social media networks for brands. Or, something like that. After years of wheel-spinning and several rounds of funding totaling a reported $18.9 million, the company is now struggling to stay afloat.
So what happened?
The company experienced internal arguments, had a serious case of mis-management, and was running two very expensive offices, according to the report. The focus of the business seemed nonexistent, with the company defaulting on payments to lenders resulting in its closure and sale of assets.
But all isn’t over yet. Backplane’s CEO, Matt Michelsen, has been replaced by Backplane’s former President and COO, Scott Harrison. According to sources, Harrison is aware of the changes needed to develop the business further and pull it out of deep decline.
Harrison spoke out on Backplane’s future plans.
”Yeah, we went through a little bad phase, but when we come back, we want to come back strong, so this week Backplane pivoted away from creating and managing standalone social networks for brands. It’s now called Place.xyz, a platform for creating themed social networks and browsing others in a single app. And it’s a lot smarter than Backplane.”
Harrison also explained that Series A investors have come on board to get the business up-and-running again, with the goal being to start afresh with a great product, a new team, and a clean structure.
(Image by Philip Nelson, Attribution-Share Alike 2.0 Generic, CC by-sa 2.0)
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Sunny Ozell’s Bright Ideas On Burberry, Paul Simon, And Her New Album, ‘Take It With Me’
Though singer-songwriter Sunny Ozell was raised in Reno, Nevada, the 37-year-old vocalist (and Suzuki-trained violinist) has called New York City home for over a decade, grooming a soulful, urban sensibility (not to mention wardrobe) along the way to prove it. Ozell’s style takes its cues from a
Exclusive: Carnival Music Finds Hits, Success As “Land Of Misfit Toys”
Self-proclaimed “music company” Carnival Music, led by powerhouse publisher and producer Frank […]