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Music Sync Is Ripe For Change [Mark Mulligan]
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HypeBot
Music sync is ripe for innovation and change, says MIDiA's Mark Mulligan, after extensive research of the sector, The number of music syncs is higher than ever and more platforms are seeking new music, but the market with a host of structural challenges. By Mark Mulligan of MIDia and the Music Industry Blog Florence and the Machine’s performance of Jenny of Oldstones, which appeared over the closing credits of the April 21st HBO’s Game Of Thrones episode, has registered the most Shazams in ...
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Copyright Directive: Can We Avoid Rotten Apples Through An Early Harvest? [Neil Turkewitz]
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HypeBot
Now that the EU Copyright Directive has (for better of for worse) passed into law, in this Op-Ed Neil Turkewitz takes a long and hard look at what the fallout from this new legislation, and looking ahead to how we can build a more creator-friendly world of fair compensation and voluntary licensing. Op-Ed by Neil Turkewitz from Medium The EU Copyright Directive has passed. Whether one opposed or supported it, that much has been settled. So where do we go ...
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Pandora Adds Ticketmaster Integration
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HypeBot
Pandora has partnered Ticketmaster to bring more concert dates to the platform. “In our ongoing effort to provide a comprehensive and seamless artist marketing experience, Pandora has partnered with Ticketmaster to transform live event promotion,” SiriusXM owned streamer said in a statement. According to Pandora, which plans to pull touring data in real-time from Ticketmaster’s API, artists will now be able to “communicate with their fans about live events easier than ever before.” The company added, “fans will now be ...
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ASCAP 2018 Revenue Up 7% To $1.2 Billion
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HypeBot
ASCAP has announced that total revenues for 2018 topped $1.227 billion, an increase of 7% over the previous year. That's the second year in a row that ASCAP distributions crossed the $1 billion mark. $1.109 billion in royalties were paid to member songwriters, composers and publishers in 2018, up 10% year-over-year. US Revenue ASCAP domestic revenue from US music licensing surpassed the prior year by 7% to hit $906 million. Key licensing categories saw significant organic growth: Audio Streaming revenue ...
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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
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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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