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Russell Simmons Discusses New Era of Music Industry
Source:
HypeBot
In a recent interview with Grammy U and All Def Digital, Def Jams' Russell Simmons spoke about the recent shift in the music industry - a shift he believes has taken the industry away from a royalty based formula. Simmons discussed All Def Digital, his new project with Steve Rifkind in partnership with Universal Music Group and Samsung. He highlighted the platform's matchmaking capabilities for artists to match with users, helping them to foster meaningful connections and find new ways to earn money - a formula for success that ...
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Retailers and Independent Labels Unite Endorsing Monday Global Release Day
Source:
HypeBot
There has been a significant amount of industry chatter surrounding the abandonment of the national release day in order to make way for a globally unified release day. Retailers and independent labels are in agreement that a global release day may be in the best interest of the music industry as a whole, but are pushing for a reconsideration of the proposed global release day falling on Friday. Worried that a Friday release could cause the industry to incur unnecessary ...
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YouTube Offers Custom URLs to Fit Your Branding
Source:
HypeBot
Way back when you signed up to create your YouTube channel, the name you wanted may have been taken, or your band name, startup moniker or branding may have shifted since then. You were stuck with that fan confusing URL, until now. YouTube is offering creators with 500 or more subscribers custom URLs. From Google: Starting this week, if you’re a creator with at least 500 subscribers, you may receive emails and in-product notifications if your updated custom URL is ...
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Sony Music Partners with AARP to Sell Music to the One Group Still Willing to Pay
Source:
HypeBot
Millenials know only a world where free music is everywhere, but one group is still willing to pay and has the disposable income to do it - adults 50+. Chasing that market, Sony Music Entertainment and its catalog division, Legacy Recordings, have formed a new relationship with the American Association Of Retired Persons to offer its 37 million members special music packages, deals and discounts. In addition to receiving savings on new Sony Music releases, AARP members will also be ...
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How to Make Streaming Royalties Fair(er)
Source:
HypeBot
By Sharky Laguana, CEO of Bandago. This article originally appeared on Medium.com Streaming services, most notably Spotify (by far the largest) use what could be called a parimutuel royalty system: all the money collected goes into a big pool, Spotify takes their 30% off the top, and whatever is left is distributed to artists based on their share of overall plays. Spotify explains how it all works right here. It sounds perfectly fair and reasonable: if an artist wants to ...
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Nielsen Soundscan Finally Add Streams, Downloads to Album Sales Chart
Source:
HypeBot
In what most in the music industry see as a long overdue move Nielson Soundscan will add both streams and downloads to their weekly Top 200 album sales chart published by Billboard. Beginning with the Dec. 3rd chart (sales for the week ending Nov. 30 which includes Black Friday), music streams from Spotify, Rdio, Rhapsody, Beats and others will become part of the ranking using the calculation of 1500 song streams as as equal to an album sale. Album Equivalents Neilson is ...
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Steve Albini on the Surprisingly Sturdy State of the Music Industry
Source:
HypeBot
Steve Albini, author of The Problem with Music, an essay published in 1993 challenging the efficiency and stability of the current music industry, delivered the keynote address Saturday at Melbourne's Face the Music Conference where he did an about face on several of his previous predicition. Albini applauded the internet's role in re-structuring the music industry and addressing prior inefficiencies in a way that he believes will enhance and uphold the music industry moving forward. I’m going to first explain a few ...
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Scholz Productions Helps Independent Artists Promote Fully Conceived Music Albums To Non-Commercial Broadcast Radio Stations
Source:
Michael Ricci
Chicago, IL: Local business Scholz Productions is pleased to offer promotional services to independent musicians who wish to gain airplay, beginning November 11, 2014. Scholz Productions specializes in full-service radio promotional strategies targeting non-commercial terrestrial and internet radio broadcasting stations in the United States, Canada, and Europe. A successful non-commercial radio marketing strategy can result in radio play from at least 150 of the nearly 1,500 public radio stations in the US/Canada. This radio play helps supply the momentum needed ...
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