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Music Industry

After Cancelling IPO, Deezer Raises $109 Million In New Funding From Powerful Partners

Source: HypeBot
January 21, 2016

One of Spotify's biggest rivals, Deezer looked like it was in a bit of trouble after cancelling its IPO and some unflattering questions about user counts last year. Today, the France based music streamer roared back with some major new funding from some powerful partners. France based music streaming service Deezer has raised 100 million EU ($109.3 million USD) in a new round of funding. The company had previously raised $150 million USD in 3 rounds. Leading the new round ...

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Music Industry

Starbucks Turns Up Volume On Spotify Partnership With Song Saving

Source: HypeBot
January 21, 2016

Music has always been an integral part of Starbuck's imaging; and when fans began the shift from physical goods to streaming, the 7500+ store chain partnered with Spotify. All Starbuck's baristas get a free Spotify Premium account and they're using them to create playlists. Now customers who like what they hear, can easily save that song for access later. Starbucks has launched a new digital music experience with Spotify, allowing Starbucks Mobile App customers to immediately save the music they ...

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Music Industry

Spotify Acquries Social Apps Soundwave, Cord Project

Source: HypeBot
January 21, 2016

In its drive to compete, Spotify is constantly iterating and adding new features. Usually that's been done in-house or via major acquisitions like The Echo Nest. But now they've taken a different tact, acquiring two social music apps. Spotify has acquried two social music apps Soundwave and Chord Project The Soundwave app, which has been downloaded 1.5 million times, lets users explore music in private groups and see what others are playing nearby. While details of the aquistion were not shared, ...

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Music Industry

Concord Bicycle Music Acquires HighTone & Bandit Records Catalogs

Source: HypeBot
January 21, 2016

The Concord Bicycle music group continues its multi-year buying spree of both independent record labels and music publishers with the acquisition of two iconic indies Americana, folk and blues label HighTone Records and country legend George Jones' label imprint Bandit Records. Concord Bicycle Music announced that they have acquired some new assets, including the catalog of storied indie Americana, folk and blues label HighTone Records and in a separate transaction, the recorded music assets of country music legend George Jones' label imprint ...

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Music Industry

Blockchain And A Cryptocurrency Fueled Music Economy

Source: HypeBot
January 19, 2016

This article looks at what we've from learned from the era of illegal downloading as well as the evolving role of record companies in a potentially cryptocurrency fueled music economy. Guest Post by Bryce Weiner on Zapchain Digital rights management (DRM) solutions utilizing blockchain technology have long been a dream of evangelists, however nearly every existing implementation doesn't seem to fully appreciate the scale and scope of the problems facing artists. In 2015 music mogul Jay-Z lined up an incredibly impressive ...

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Music Industry

Labels Still Don’t Get YouTube, At Their Expense [Mark Mulligan]

Source: HypeBot
January 15, 2016

The consumption of music on YouTube has seen incredible growth of late, but if labels don't update how they're using the platform, they risk of being edged out by YouTube's native content creators. Guest Post by Mark Mulligan on his Music Industry Blog This is the fifth post in my YouTube economy series. You can read the other posts here,here,here and here 2015 was the year that streaming came of age across global markets (it had already got there in the Nordics and South ...

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Music Industry

Soundcloud Cuts Universal Music Group Licensing Deal, Sony Still A Holdout

Source: HypeBot
January 14, 2016

SoundCloud is much closer to launching a paid subscription service, thanks to a deal to licence the massive Universal Music Group catalog. But two of the world's largest music companies Sony Music Entertainment and Sony/ATV have still not signed on. Universal Music Group has signed a multi-year licencing deal with SoundCloud, paving the way for its massive catalog of artists to make money from ads delivered to the audio streamer's 175 million monthly users. SoundCloud hopes to eventually add a paid ...

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Music Industry

Blockchain Music, And Benji Rogers 75% Superb Idea [ANDREW DUBBER]

Source: HypeBot
January 13, 2016

Here Andrew Dubber responds to Benji Rogers' recent piece discussing how the Blockchain and VR could be implemented to better organize and protect music moving forward. In this article, Dubber suggests a few tweaks to Rogers' vision which would make the future of music technology more friendly to society as a whole. Guest Post by Andrew Dubber on AndrewDubber.com Pledge Music’s CEO Benji Rogers wrote a blog post that has been doing the rounds recently. It’s called How the Blockchain ...

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