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Join The Discussion: How A UK Exit From European Union Would Affect The Music Industry
Source:
HypeBot
Recent polls show that this Thursday's referendum on the UK exiting the EU could go either way. We've been getting reaction to this post on how a Brexit could affect the music industry. Ticketbis looked at the impacts, from touring artists to fans travelling to gigs. READ AND COMMENT: The major aspects of the music and events industries which could be affected by Britain leaving the EU include: working visas, tax paid on records and merchandise, the touring ability of smaller acts, travel ...
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The 3 Sources Of Publishing Royalties
Source:
HypeBot
Here we look at the three different sources of publishing royalties (mechanical, performance, and synch) how they're calculated, and how a changing music business has affected how such royalties are earned. Guest Post by Bobby Owsinski on Music 3.0 Regardless of the era, the songwriter and publisher have made money, and continue to make money in three primary ways: Mechanical royalties are paid whenever a song is digitally downloaded, a song is streamed from an on-demand service, or a physical ...
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Livestreaming for Direct-to-Fan, Beyond Periscope and Facebook Live
Source:
HypeBot
It can be difficult to keep pace with the internet... new platforms and features enter our daily lives so quickly that it can be easy to forget that we ever lived without them. Soon, the days before you could “go live” on Facebook, for example, may seem as distant a memory as the days before you could upload a video to YouTube. The following is an excerpt from the Fame House White Paper, “Owning Your Audience: Building a Direct-to-Fan Strategy ...
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The Actual Value Of The Indie Music Sector [INFOGRAPHIC]
Source:
HypeBot
General wisdom suggests that indie labels account for about 20% of global revenue, but a recent study has revealed that their share is in fact much greater than previously suspected, something which has broader implications with regard to the independent sector's ability to compete globally. Guest Post by Mark Mulligan on his Music Industry Blog Over the course of the last year MIDiA has been working with WIN (the global indie label trade body) on a major study to define the independent ...
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Why Did Twitter Invest In SoundCloud?
Source:
HypeBot
After previously walking away from a SoundCloud acquisition deal at the last minute, Twitter recently invested 70 million in the company, and although such an investment is likely good for SoundCloud, it's a little harder to tell how the exchange benefits Twitter. Guest Post by Bobby Owsinski on Music 3.0 Twitter has made an investment in SoundCloud for a reported $70 million and if you’ve been following the story between the companies, you have to ask yourself “Why now?” About two years ...
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Twitter Invests $70 Million In Soundcloud
Source:
HypeBot
Two years ago, Twitter wanted to buy SoundCloud. Now it has settled for taking a $70 million stake in the music company as part of what appears to be a strategic partnership that could bring more audio to the social platform. Twitter has invested $70 million in SoundCloud, both companies have confirmed. The investment is part of a still open $100 million+ round, sources tell Recode. The round is expected to value SoundCloud at about $700 million. From Soundcloud “We ...
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Tax Break State Of Mind: New York Set To Offer Recording Companies Big Tax Credits
Source:
HypeBot
In a bit of good news for New York artists looking to save money, it seems the Empire State will soon be joining numerous others by offering companies which create music projects a sizable tax credit. Guest Post by Bobby Owsinski on Music 3.0 Everybody likes to save money and saving money on taxes is no exception. That’s why numerous states (like North Carolina and Louisiana) and countries (like Canada) have issued their own versions of a tax break to ...
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Berklee Launches Ambitious Open Music Initiative, Majors Labels and Top Music Streamers Sign On
Source:
HypeBot
After a year filled with lawsuits and bad press over disputes resulting from the lack of a global music database, Berklee College Of Music's Institute for Creative Entrepreneurship has an announced an initiative to fix the problem. The efforts is so ambitious that it could be dismissed as just another academic exercise, if not for the fact that every major music group and streaming music service has signed on. Berklee College of Music’s Institute for Creative Entrepreneurship (BerkleeICE) today announced an ambitious ...
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