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Music Industry

Spotify Paid Out Over A Billion To Labels This Year

Spotify Paid Out Over A Billion To Labels This Year

Source: HypeBot

Streaming services in general tend to take a lot of heat from record labels, and Spotify is no exception, but is this attitude justified? According to new information, the streaming platform has already shelled out 1.2 billion in royalties this year, suggesting it may be benefiting the industry more than previously thought. Guest Post by Bobby Owsinski on Music 3.0 The major record labels seem to have it out for Spotify, but the platform is contributing mightily to their bottom ...

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Music Industry

8tracks Raises $2 Million From Small Investors, Plans Shift To Subscription Model

8tracks Raises $2 Million From Small Investors, Plans Shift To Subscription Model

Source: HypeBot

Playlisting service 8Tracks has raised almost $2 million of a hoped for $5 million from 3700 small investors. The startup's crowdfunding campaign with SeedInvest has two week's remaining. In an email to investors obtained by RAIN,  8tracks CEO David Porter signaled a shift from ad supported to paid subscriptions. “Our current audience size and lack of growth have hampered our ability to sell advertising, the revenues from which have fallen short of forecasted levels over the last few months,” according to ...

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Music Industry

Lyor Cohen Takes the Cake by Joining the Google Empire [Op Ed]

Lyor Cohen Takes the Cake by Joining the Google Empire [Op Ed]

Source: HypeBot

Google's hiring of industry insider Lyor Cohen as YouTube's Global Head of Music is “no grounds for celebration" says musician and activist Maria Schneider in a new op ed. “And who better to prevail over the majors than the very guy who helped lead those majors into the back alley where they now find themselves." By Grammy winning composer, bandleader Maria Schneider You can be sure that in order to woo Lyor Cohen into the Google empire, they offered him a pretty nice slice of cake ...

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Music Industry

Smokin'! Amoeba Gets License To Sell Weed Alongside Music

Smokin'! Amoeba Gets License To Sell Weed Alongside Music

Source: HypeBot

In what looks to be an ideal marketing pairing, Berkeley CA based record store Amoeba Music will soon be complimenting its traditional musical offerings with marijuana, hopefully helping to keep another brick and mortar record store's doors open. Guest Post by Bobby Owsinski on Music 3.0 In what seems to be a match made in heaven, the Amoeba Music record store based in Berkeley, CA can soon begin selling marijuana as well. An Amoeba employee leaked the announcement on Facebook, ...

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Music Industry

Deezer Partners With Feature.fm As First On-Demand Music Streamer To Offer Affordable Marketing To Artists

Deezer Partners With Feature.fm As First On-Demand Music Streamer To Offer Affordable Marketing To Artists

Source: HypeBot

Native music ad platrom Feature.fm has expanded its reach signifigantly with a new Deezer partnership. Feature.fm, which some dismiss as 'pay-to-play', has scored wins offering indie artists affordable guaranteed in-stream song placement on streaming music services. Feature.fm  and global music streamer Deezer have formed a partnership that enables artists to promote their music as sponsored content directly within the Free Deezer platform. Feature.fm guarantees that songs are played within the streams of a targeted audience. With plans starting at $10 ...

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Music Industry

Musicians And Social Media: Is Communication More Important Than Talent?

Musicians And Social Media: Is Communication More Important Than Talent?

Source: HypeBot

While ability and a marketable product are unquestionably important when it comes to making a career out of one's music, the crowding of the industry on social media has rendered effective networking and communication skills more important than ever. Guest Post by Sunny Stuart Winter In the modern day music industry, with an abundance of social media platforms, it appears it is becoming harder and harder to get your voice heard above the din of thousands and thousands of likeminded ...

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Music Industry

Apple Music: Inside The Music Industry’s First Artist-Backed Startup

Apple Music: Inside The Music Industry’s First Artist-Backed Startup

Source: HypeBot

This piece takes an in-depth look at the creation and history behind The Beatles' Apple Music, a company which was in many ways the industry's first artist backed startup. Guest post by Barry Miles, excerpted from The Zapple Diaries: The Rise and Fall of the Last Beatles Label The Beatles’ Apple Music was created in 1967 to bring the band’s enterprises together for tax purposes, so that instead of paying nineteen and sixpence in the pound the Beatles paid only ...

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Music Industry

Audio Fidelity Inks Licensing Deal With Will Ackerman's West River Records

Audio Fidelity Inks Licensing Deal With Will Ackerman's West River Records

Source: Glass Onyon PR - Keith James

Marshall Blonstein, president of Audio Fidelity is pleased to announce an agreement with Will Ackerman and his West River Records. The agreement calls for Audio Fidelity, in conjunction with West River Records, to release the first 180g vinyl pressing of Ackerman's 2005 Grammy award winning recording, Returning: Pieces for Guitar 1970-2004. Ackerman is universally recognized as the preeminent pioneer in the new age music movement, and the founder of Windham Hill Records. In 2004, after years of growth and introspection, ...

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