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Music Industry Is Not Ready For The Blockchain
Source:
HypeBot
Although the blockchain technology used for cryptocurrencies such as Bitcoin and Ethereum is often hailed as a potential savior for the music industry, getting the industry to embrace and integrate such technology may, as yet, not be feasible, says Bas Grasmayer. Guest Post by Bas Grasmayer The blockchain cannot solve the music industry’s problems, before the industry figures out a way to solve them themselves. Blockchain and its promise The blockchain is the distributed database model underlying cryptocurrencies like Bitcoin ...
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Do Freemium Music Services Actually Offer Greater Revenue Per User Than Radio + Sales?
Source:
HypeBot
Many in the music industry seem to long for a simpler time when free ad-supported radio was used as a mechanism for selling records, but was the revenue from that model that much greater than the freemium streaming which we see today? Guest Post by David Touve on Rockonomic The purpose of this story is rather simple: First, let’s treat the music industry like a “freemium” music service with both paid and free components. And, using the data we gather, estimate the ...
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Pandora Learns From Spotify's Mistakes, Offers Fairer Terms For Songwiters, Publishers
Source:
HypeBot
If you think that streaming music treats musicians unfairly, take a look at how it affects songwriters. Pandora has taken a small but significant step towards righting that wrong. By Chris Castle of Music Tech Solutions Music industry licenses that require a music service to pay a royalty to a copyright owner have traditionally included what’s come to be called an “audit clause”. Because so much information required to actually confirm that royalties are paid properly is under the control of the ...
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Rhapsody / Napster Restructures, Laying Off Staff, Closing San Francisco Office
Source:
HypeBot
Rhapsody and Napster are reportedly closing their San Francisco office and laying off staff in a broad restructuring effort, as the company fights to find profitability in the increasingly competitive streaming music sector. Rhapsody is closing its long time San Francisco office and laying off staff, according to source with knowledge of the situation. The company's corporate offices are in Seattle, but it also has maintained teams in San Francisco, New York, São Paulo and Frankfurt. The move comes despite reported 35% paid ...
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Distributor Allegro Closes, Leaving 100s Of Indie Labels In Limbo
Source:
HypeBot
The latest victim of the rapid decline in music sales is indie distributor Allegro Media. It's sudden closure has left hundreds of independent labels with their product locked in a warehouse and no distribution. Music and video distributor Allegro has shut down unexpectedly, laying off employees and leaving dozens of independent labels in limbo. A source who has worked with the company told Hypebot that 100s of indie labels are affected as Allegro shuts down and its assets- which includes ...
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Indie Empresario Graham Stairs On The Music Industry, Great Songs And Staring A New Record Label
Source:
HypeBot
Here Odario Williams speaks with Graham Stairs about his new digital label imprint known as the Confidence Emperors, what it's place is in the industry, and what he looks for in a song. By Odario Williams Graham Stairs got his start in the business with Intrepid Records where, as their A&R rep, he was responsible for such seminal Canadian artists as National Velvet, Martha and the Muffins and Rheostatics. In addition, Stairs was behind the Bruce Cockburn tribute album that ...
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Court Declares Remastered Old Songs Get Brand New Copyright
Source:
HypeBot
In a recent piece of bad copyright news, the courts have ruled that pre-1972 music should, in fact, receive a new copyright once it has been remastered, meaning copyright extensions can be piled on ad nauseam, without a track ever falling into the public domain. Guest Post by Mike Masnick on Techdirt Whoo boy. Did not expect this one. For a while now, we've noted a variety of lawsuits over pre-1972 sound recordings, due to a quirk in copyright law. ...
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AMA, Record Store Day Partner For Americana Music Month
Source:
HypeBot
Americana music is hard to define until you visit Nashville. There, an audience not vested in corporate country, has embraced artists as diverse as Jason Isbell, Lumineers, Darlingside and Ben Folds collectively known as Americana. The Americana Music Association and Record Store Day have announced a partnership to create Americana Music Month, which will take place throughout June 2016. More than 100 independent record stores are participating throughout the month providing free music samplers, special deals on new and classic Americana albums, and ...
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