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Music Industry

The Lead Sheet: Twin Cities Live Jazz, March 6-12

The Lead Sheet: Twin Cities Live Jazz, March 6-12

Source: JazzINK by Andrea Canter

It's a weekend of local heroes followed by a week of visiting legends and legends-in-the-making, from JT Bates' Organ Trio, Eric Gravatt and Dean Magraw launching a new weekly jazz series and Anthony Cox and pals in a live recording gig to visits from David Sanchez, Cassandra Wilson, and an ensemble with Jack DeJohnette and Roscoe Mitchell. Be still, my ears! Big Gigs This Week Friday, March 6. If one weekly series is good, another is even better. That was ...

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Music Industry

Does Music Subscriber Growth Cripple Profitability?

Does Music Subscriber Growth Cripple Profitability?

Source: HypeBot

With streaming services pushing the paid subscription model, profit for those company's should be growing - but not only are the streaming music giants not making money, they're losing it. Who is to blame? Guest Post by Jon Maples I recently wrote about how Rhapsody is facing issues as it expands to a worldwide audience and partners with cellphone carriers in Europe, Latin America and the United States. Part of my analysis centered on shrinking margins from signing up new customers on services and how difficult ...

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Music Industry

ASCAP Becomes First PRO In The World To Report $1 Billion In Revenue

ASCAP Becomes First PRO In The World To Report $1 Billion In Revenue

Source: HypeBot

In it's 100th year of providing performance rights support and advocacy for music creators, ASCAP, the American Society of Composers, Authors and Publishers, reported $1 billion in revenue for the calendar year 2014 - breaking global records.  Revenue wasn't the only side of ASCAP that soared notably in 2014. Royalty payouts to songwriters, composers, and music publishers exceeded $883 million - a $32.3 million, 4% increase from 2013. ASCAP also doubled the number of musical performances captured, identified, and processed ...

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Music Industry

Why YouTube's 1 Billion Viewers Still Aren't Enough To Turn Profit

Why YouTube's 1 Billion Viewers Still Aren't Enough To Turn Profit

Source: HypeBot

YouTube has succeeded in establishing itself as the premier destination for online video consumption, so how is it possible for a platform with an audience exceeding 1 billion viewers to remain an unprofitable business? It's really quite simple.  YouTube is stuck.  The company is treading water - while top competitors are gaining ground. According to the Wall Street Journal, YouTube's posted revenue of $4 billion in 2014 (up $1 billion from the year previous) and 6% contribution to Google's sales ...

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Music Industry

Naxos Introduces Lossless Classical Music Streaming With ClassicsOnline HD•LL

Naxos Introduces Lossless Classical Music Streaming With ClassicsOnline HD•LL

Source: HypeBot

To the average music consumer, the loss in sound quality created by buffering is virtually undetectable - but to the classically trained ear, the difference detectable when streaming music can be shocking. Naxos has countered the problem by introducing ClassicsOnline HD•LL, a lossless streaming service for classical music worldwide. The streaming service on ClassicsOnline HD•LL employs the use of adaptive bitrate technology - allowing subscribers to listen to classical music at the highest possible sound quality available on their home or ...

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Music Industry

5 Reasons Music Streaming Services Can Benefit Artists

5 Reasons Music Streaming Services Can Benefit Artists

Source: HypeBot

One of the biggest controversies surrounding the music industry is whether music streaming services are good or bad for artists. Here are 5 reasons why music streaming services are good for artists. Guest Post by Daniel Sander on Feature.fm Blog 1. It's where people listen This one is simple. Whether you believe streaming services are good or not, it's where fans are listening to music. You can't fight this. Streaming services are growing exponentially in popularity and are becoming the primary music ...

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Music Industry

In 6 Months SoundCloud Has Approved Just 100 Premier Partners, Payments Total $1 Million

In 6 Months SoundCloud Has Approved Just 100 Premier Partners, Payments Total $1 Million

Source: HypeBot

2015 is the year that SoundCloud needs to implement a monetization strategy - both for itself and for the creators that have made the platform so popular. Today the company released the first stats from its Partner platform which  launched last August to address the problem. This morning SoundCloud announced that they've signed up 100 Premier Partners and paid them $1 million in advertising revenue since launching 6 months ago. SoundCloud has been under pressure from the major labels and other rights holders ...

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Music Industry

Equal And Transparent Streaming For All - A Proposal For Our Industry [Emily White]

Equal And Transparent Streaming For All - A Proposal For Our Industry [Emily White]

Source: HypeBot

Legal streaming is something I had been awaiting for years as a music fan. It took our industry over a decade to finally release platforms that are seamless for consumer use as opposed to suing fans in the Napster era." writes Emily White. “As I’m all about things that make sense, as a fan, I couldn’t wait; ​championing this concept ​in 2010 right before it came upon U.S. shores." Guest Post By Emily White of ​Whitesmith Entertainment​ & ​Future of Music Coalition   ...

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