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Music Industry

Sunrise Music Saves 70 HMV Records Stores

Source: HypeBot
March 2, 2017

Indie music retailer Sunrise Records announced that they will take over 70 of HMV's brick and mortar retail locations across Canada. The acquisition will significantly expand Sunrise's footprint in Canada. Previously, the music retailer operated nine brick and mortar locations around Ontario. As a part of their strategy, Sunrise will expand each shop's stock of compact discs and vinyl, as well as a broader selection of other merchandise, from apparel to board games and collectibles, the company said. The deal ...

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Music Industry

Sound United (Polk Audio) Acquires D+M (Denon, Boston Acoustics)

Source: HypeBot
March 2, 2017

Two of the biggest names in consumer audio Sound United, parent company to Polk Audio, Definitive Technology and Polk BOOM has acquired the D+M Group, owner of the Denon, HEOS by Denon, Marantz and Boston Acoustics brands. The D+M Group is the largest supplier of audio/video receivers worldwide and a leader in wireless multi-room audio. Sound United is the largest supplier of loudspeakers in North America and a leading supplier of sound bars and wireless music systems. The combined company ...

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Music Industry

What The Music Industry Can Learn From The Gaming Industry

Source: HypeBot
March 2, 2017

Here Bas Grasmayer explores the unprecedented growth of gamer personalities, the business models they use, and what the music industry can do to learn and directly benefit from the gaming industry and it's marketing tactics. Guest Post by Bas Grasmayer on Synchblog The gaming industry counts as many differences from the music business as it counts similarities. It makes it a perfect teacher when we find the right way to translate their reality to ours. Both industries were in large part ...

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Music Industry

SoundCloud Adds Robust $4.99 On Demand Streaming Plan, But Many Artists Remain Unpaid

Source: HypeBot
March 1, 2017

SoundCloud has added a $4.99 per month 120 million track on demand streaming subscription tier that includes most of the features- but not all of the tracks- that it and competitors charge $9.99 for. SoundCloud Go today added a mid-priced subscription plan that takes its free ad-supported on demand 120 million track service offline and ad-free for $4.99 per month. SoundCloud's existing $9.99 premium subscription plan, launched last year as SoundCloud Go, has been rebranded as SoundCloud Go+. With ...

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Music Industry

Music Investment Act Making Georgia Appealing To Musicians

Source: HypeBot
March 1, 2017

What a peach. A state that seems to have a firm grasp on the value of entertainment, Georgia is about to pass the Music Investment Act, intended to make the state more financially appealing for artists both to outsiders and those native to the state. Guest Post by Bobby Owsinski on Music 3.0 There are some states in the US that know the value of entertainment and they’re willing to invest in it. The latest is Georgia, which is about ...

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Music Industry

Dart Music Files For Bankruptcy

Source: HypeBot
March 1, 2017

Dart Music promised to fix music's metadata problem; first with classical music and then all genres. But after raising $1.5 million, the promising startup has filed for bankruptcy. Dart Music has filed for bankruptcy in its home state of Tennessee. In a press release, the company said it will continue to operate during Chapter 11. But the bankruptcy filing listed debts totalling $2.57 million versus assets of between $50,0000 and $100,000. Included in the debts listed is $33,233 due artists ...

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Music Industry

Trump Administration Seeks To Cut Or Privatize All Arts Funding

Source: HypeBot
February 28, 2017

In an alleged effort to reduce spending by the government, the Trump administration recently drafted a budget which would lop off funding for the National Endowment for the Arts, National Endowment for the Humanities, and the Corporation for Public Broadcasting. Guest post by Taylor Mims on Amplify In an attempt to reduce government spending, the Trump administration has drafted a budget that would eliminate funding for nine government agencies including the National Endowment for the Arts. The administration’s budget would ...

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Music Industry

Stagelink Expands To US Backed By Seven Figure Investment

Source: HypeBot
February 28, 2017

German based event crowdsourcing platform Stagelink has expanded to the U.S. after concluding a seven-digit seed financing. Using Stagelink, musicians and other creators uncover fan demand for potential live appearances to produce successful, risk-free events and tours. Stagelink will open its first U.S. office in Santa Monica, California. “Coming to the U.S. is an important step for Stagelink’s growth. Our analytics and promotion technology is able to predict ticket sales with an accuracy of 90%. Thus, Stagelink offers content creators a risk-free ...

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