Home » Jazz News

Music Industry News

Timely announcements covering new album releases, tours, concert series, special events, job postings, crowdfunding campaigns and more. You can find more news by searching our website, viewing our news stream, seeing what's trending or reading our blog posts. Subscribe to our news RSS feed and/or embed AAJ news content on your website or blog. Learn about our news service here. Submit news here.

Music Industry

SoundCloud Gets A Lifeline: $70 Million In Debt Financing

Source: HypeBot
March 24, 2017

After publicly admitting that it could run out of cash later this year, SoundCloud has received $70 million in debt financing. The company had, for months, tried and failed to raise $100 million in venture financing Struggling music service SoundCloud has received a much needed $70 million loan from Kreos Capital, the Davidson Technology Growth Debt Fund and Ares Capital. Prior to this round, SoundCloud had raised $123 million, including $70 million from Twitter last year. “We are pleased to ...

Continue Reading...

Music Industry

Welcome To The Post-DIY Music Era [Mark Mulligan]

Source: HypeBot
March 22, 2017

Business is booming at CD Baby, Bandcamp, Tunecore, Bandzoogle and a host of other service providers for DIY musicians. But from Chance The Rapper to Stormzy and beyond, we are also witnessing a new chapter in artist self-development: The Post-DIY Music Era. By Mark Mulligan of MIDiA I recently took part in the True Music Forum in Madrid, an event organized by Boiler Room. I was on a panel that explored whether DIY is now coming of age with a host ...

Continue Reading...

Music Industry

What’s In A Name? Plenty, If The Name Is Cuneiform

Source: Rifftides by Doug Ramsey
March 22, 2017

Cuneiform is an independent label recording music that is out of the mainstream. The Claudia Quartet, Wadada Leo Smith and Thinking Plague are on the Cuneiform roster, and it has groups with even wider orbits—Bent Knee from Boston, for instance, the Norwegian quintet I.P.A., the British jazz-punk rock group called Led Bib, and Naima, a trio from Spain. That list constitutes a thin sampling of Cuneiform talent. The history of the label’s name goes back 5,500 years or more. Curious ...

Continue Reading...

Music Industry

The Fight For A Straight Count: Does Streaming Accounting Costing More Than Royalites

Source: HypeBot
March 16, 2017

When it comes to tracking and accounting songs and recordings, the systems currently in place are both expensive and complex and the royalties paid out are minuscule, this is leading many to advocate for a switch to a simpler method of reporting. Guest post by Chris Castle of Music Tech Solutions When you drill down on exactly what goes into tracking and accounting for songs and recordings on streaming services one thing becomes apparent: No matter how much you automate, ...

Continue Reading...

Music Industry

What Do Users Really Want In Their Premium Streaming Music Service? [Glenn Peoples]

Source: HypeBot
March 16, 2017

What do consumers really want in a premium music service? Great playlists. People really care about playlists, concludes Glenn Peoples, Music Insights and Analytics at Pandora on the day that the company launches is Pandora Premium Spotify competitor. By Glenn Peoples, Music Insights and Analytics at Pandora What do consumers really want in a premium music streaming service? It’s the record industry’s most important question of the decade. The health of labels, publishers, and creators depends on services’ ability to move ...

Continue Reading...

Music Industry

Piracy Is What Made Me, Says Ed Sheeran

Source: HypeBot
March 15, 2017

While piracy is often demonized as an aspect of the industry which ruins careers before they've even really begun, the reality is that the illicit dissemination of music can in many ways help to grow an artist's presence in the industry, as was the case with Ed Sheeran. Guest post by Timothy Geigner of Techdirt We all know by now the music industry's mantra that piracy kills artists. Well, not kills kills, but kills their musical careers before they could ...

Continue Reading...

Music Industry

Ed Sheeran Broke The Charts [Mark Mulligan]

Source: HypeBot
March 15, 2017

Ed Sheeran is hugely popular; and while no one wants to demean his success (OK, maybe some do...), when one person occupies for 9 of the UK top 10 singles and all 16 tracks from his new album are in the top 20, something is broken. By Mark Mulligan of MIDiA Unless you have been hiding under a stone on Mars this last few weeks you will have struggled not to hear or see some clip of Ed Sheeran one way ...

Continue Reading...

Music Industry

Pandora Not For Sale, Will Be Profitable This Year, Says Pandora CEO As Stock Falls [VIDEO]

Source: HypeBot
March 15, 2017

Pandora founder and CEO Tom Westergren made some bold claims during a CNBC appearance Monday. Wall Street was unimpressed, pushing the stock-6.3% to $11.60 by midday Tuesday. “We intend to be profitable this year," Pandora CEO Tim Westergren declared on CNBC's “Squawk Alley" Monday. The bold claim came on the eve of the launch of its Pandora Premium on-demand music streaming subscription service and despite losses that more than doubled from $170 million in 2015 to $343 million last year. ...

Continue Reading...