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Music Industry

What Really Happens To Your Concert Ticket Money?

Source: HypeBot
February 7, 2017

The price of concert tickets has, in many places, risen to astronomical levels, but that doesn't stop fans dropping their cash on show anyways. Here we take a closer look at exactly where all this money actually goes when the dust has settled. Guest post by Bobby Owsinski of Music 3.0 The concert ticket you buy today is more expensive than ever, but that doesn’t seem to hinder music lovers from shelling out their cash anyway. With a typical ticket going for ...

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Music Industry

Songtrust Partners with DotBlockchain Music

Source: HypeBot
February 4, 2017

Songtrust has partnered with DotBlockchain Music for the second phase of its creation of a “decentralized global database of music rights, combining the publishing and the performance information into a unit of music that the industry can use." The problem that Dotblockchain aims to solve involves the separation of copyrights creative material from the creators and owners themselves, which results in those owners not getting paid for the use of their work. Because rights are often held across different companies ...

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Music Industry

Thanks Alexa, Music Streamers See Lift From Amazon Echo

Source: HypeBot
February 3, 2017

With more than 14 million consumers in the US now users of an Amazon Echo device, the conversation has once again shifted to music in the home, and whether Amazon will be able to make strides in the streaming market in 2017. Guest Post by Russ Crupnick on MusicWatch Based on the 15th edition of MusicWatch’s Annual Music Survey we were able to estimate that more than 14 million US consumers reported using an Echo device, including Tap and Dot. ...

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Music Industry

With Music Marketing, Data Is Power

Source: HypeBot
February 3, 2017

Although the digital age has been harmful to the music industry in a lot of ways, it has also opened the door to some valuable data-driven marketing practices, several of which Raffi Keuhnelian outlines here. Guest Post by Raffi Keuhnelian on Forbes Not that long ago, music marketing relied on sending press kits and mixtapes to DJs, radio stations and journalists. However, the tune has changed; marketing and PR in this industry are no longer limited to paper and postage stamps. ...

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Music Industry

Nielsen Completes Gracenote Acquisition

Source: HypeBot
February 3, 2017

Nielsen announced on Wednesday that it had completed its acquisition of entertainment metadata provider Gracenote. Gracenote's data and technology is a key element of user interfaces and programming guides and includes everything from song data on compact discs to multichannel video programming distributors (MVPDs), smart televisions, streaming music services, connected devices, media players and in-car infotainment systems. Nielsen says the acquisition will give them greater ability to provide audience and usage analytics as well as allowing Nielsen's clients to ...

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Music Industry

Major Labels Under Gun In The Carpenters, Sales v. Licensing Case

Source: HypeBot
February 2, 2017

The age old dispute between artists and labels over digital download revenues is once again rearing its ugly head, with Richard Carpenter having recently audited his label A&M/Universal, revealing a rash of under-reported downloads. Guest Post by Erin M. Jacobson, Esq., it first appeared on Forbes The dispute between artists and labels over the income earned from digital downloads continues to rage. Traditionally, record labels sold physical copies of music mediums, like CDs, and then would pay a royalty to ...

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Music Industry

SoundExchange Pays Out Record $884 Million Amid Uncertain Future

Source: HypeBot
February 1, 2017

SoundExchange announced that its royalty distributions in 2016 were $884 million, an increase of more than $80 million over the previous year and an all time high. The record comes amid uncertainty over how SoundExchange revenue will be affected by an increasing number of direct deals between digital broadcaster and rightsholders. “We distributed record-setting royalties to artists and labels in 2016 and broadened our charter beyond our original role of administering statutory licenses. In 2016, besides processing digital radio payments, we ...

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Music Industry

Billboard Adds Pandora To Chart Data

Source: HypeBot
January 31, 2017

Slowly, the Nielsen Billboard charts are evolving to reflect how people actually consume music in 2017. The latest data to be added comes from Pandora. Billboard is adding streams from Pandora to its highly valued Hot 100 chart. Pandora streams will also impact other streaming-based charts, and Hot 100 formula-based genre rankings including Hot Country Songs, Hot R&B/Hip-Hop Songs, Hot Latin Songs, Hot Rock Songs, Hot Dance/Electronic Songs and others. Pandora data will be incorporated into the Billboard charts and revealed on Billboard.com ...

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