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How Spotify’s Continued Expansion Is Killing Niche Music Genres

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HypeBot
While the rise of streaming is, in many ways, responsible for the music industry's salvation, the vast majority of content streamed on platforms like Spotify generally tends to lean towards the pop/hip hop spectrum. As Thomas Steffens here explains could be bad news for more niche music genres like classical and jazz. Guest post by Thomas Steffens, CEO, Primephonic The rapid growth of streaming giants like Spotify, Apple and Pandora has without a doubt saved the music industry in the age ...
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Record Store Day Drove 827,000 In Vinyl Albums Sales, 72% Came From Indie Stores

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HypeBot
Record Store Day 2019 drove another record year of vinyl sales. 827,000 vinyl albums sold in the U.S. during the week ending April 18, according to Nielsen Music. That's a Record Store Day week record and the third-largest sales week for vinyl albums since Nielsen began tracking sales in 1991. 72% or 673,000 of those vinyl albums were sold via independent record storesthe biggest week ever for the format at indie stores in Nielsen Music history. This year's vinyl album ...
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Pandora Set To Launch Interactive Voice Ads

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HypeBot
A fundamental part of the music business, advertising's latest evolution is arriving at Pandora in the form of interactive voice ads, built in partnership with Instreamatic around AI tech and with an alleged ability to understand listeners' speech beyond simple yes" and no" commands. Guest post by Bobby Owsinski of Music 3.0 Advertising is a necessary evil. We all hate ads no matter what the format, but they help pay for the entertainment content that we consume. Simply put, no ...
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Convergence In Music Industry as Managers Become Labels, Distributors Become Marketers and More

Source:
HypeBot
In this piece, Jake Udell reflects on the how music companies are increasingly converging to become the same thing as they try to wear a growing number of hats in an effort to remain relevant in a rapidly changing industry. Guest post by Jake Udell of Art of Manager Over the past few years, I’ve noticed a convergence amongst music companies and their suite of artists services, especially between managers and labels. This trend was summed up perfectly by Tim Ingham ...
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EU Bans All Ticket Buying Bots

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HypeBot
The EU Parliament has voted to ban the use of automated ticket buying software (aka bots) to circumvent ticket purchasing rules, including maximum purchase limits per person. The measure came as part of a package of consumer protections aimed at reducing misleading and unfair practices in online marketplaces and sets a minimum standard for EU member nations to adhere to while allowing local jurisdictions to implement stronger rules regarding ticket resale services. Bots have been a hot spot of consumer ...
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Bandcamp Adds No-Risk Vinyl Pressing via Pirate Press

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HypeBot
Bandcamp is expanding its commitment to vinyl with a new offering that eliminates upfront costs for artists and labels. Vinyl on the popular independent music destination has grown 600% in the last 5 years, with 3,500 unique vinyl albums added to the site each month. The new service eliminates all risk, with fan orders financing the pressing, and eliminates hassle with Bandcamp and its partner Pirate Press handling the printing, pressing and shipping to fans. The artist and label retains ...
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YouTube Music Launches Free Ad-Supported Streaming On All Google Home Speakers

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HypeBot
YouTube Music has launched a free ad-supported streaming service, just days after rumors surfaced that Amazon is about to launch similar free music service. YouTube's free tier is currently available on Google Home speakers and other Google Assistant-powered speakers. YouTube Music's free service and Amazon's pending launch mark the first real competition to Spotify's still more robust free tier, as well as to Pandora. Free, ad-supported YouTube Music on smart speakers is currently available in n the United States, Canada, ...
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