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Amazon To Launch Free Ad-Supported Music Streamer [Report]
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Source:
HypeBot
Amazon is in talks with the major labels to launch an ad-supported music streaming service in direct competition to Spotify, according to a new report. The free music service could launch as early as next week. Currently, Spotify is the only major music service to have a full ad-supported offering. Amazon will market the free music service through Echo and other Alexa voice controlled devices, sources tell Billboard, and have a limited catalog. Amazon currently offers a music service with ...
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How Generation Z Is Redefining The Business Of Music
Source:
HypeBot
While a lot of fuss is made about marketing to millennials (owing to their purchasing power), an increasing number of industries are now turning their attention to how to capture the attention of Generation Z, and the music business is no exception. Guest post by Alyssa Golden from the Berklee College of Music: Music Business Journal Introduction Consumer commerce has long emphasized marketing to millennials due to the peak of purchasing power this young demographic has reached; however, after years ...
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dotBC Adds Digimarc's Barcode For Audio Watermarking
Source:
HypeBot
dotBC and Digimarc have partnered to add Digimarc's Barcode for Audio watermarking technology to the dotBC offering. This will connect the metadata and rights ownership information supplied by artists, songwriters and rights holders to the audio file itself. This collaboration will enable the industry to easily and accurately identify blockchain addresses and the most up to date rights ownership data through audio files delivered to digital service providers like Spotify, Apple, Amazon, Pandora and others. “This partnership enables all music ...
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SoundExchange Sues Music Choice For Royalty Underpayment
Source:
HypeBot
SoundExchange today filed a lawsuit against cable music platform Music Choice over underpaid royalties. The action comes after an audit of Music Choice's royalty statements. SoundExchange Senior Vice President and General Counsel Colin Rushing issued the following statement about the lawsuit: “Music Choice's actions reflect a persistent effort to avoid paying royalties for its use of protected sound recordings. Its creative accounting has cheated creators out of the royalties they are due and is inconsistent with the Copyright Royalty ...
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Despite Streaming’s Growth, Music Industry Remains Half The Size It Was In 1999
Source:
HypeBot
While paid streaming subscriptions have, in many circles, been billed as the savior of the music industry, the reality is that the business is still operating at a severely reduced capacity since the devastation visited on it in the early days of digital. Guest post by James Shotwell of Haulix The streaming revolution is helping the music industry recover with each passing year, but there is still a long way to go. Music fans and industry professionals too young to ...
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Songwriters vs Big Tech: Has The Tide Turned? [David Israelite]
Source:
HypeBot
In this guest post, National Music Publishers Association head David Israelite explores how social media has shifted public opinion toward the songwriters and music publishers in their battles with Spotify, YouTube and other music services. By David Israelite of the National Music Publishers Association [NMPA], This first appeared on Variety. Since the dawn of the digital revolution — when suddenly the value of songs was an afterthought to the ease with which users could access them — creators’ livelihoods have ...
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10 Trends Reshaping The Music Business [Mark Mulligan]
Source:
HypeBot
Streaming may get all the headlines, but it is far from the only factor that's driving strong and and sustained growth in the recorded music industry; and the ripple effects of these trends will reshape the music industry for years to come. MIDiA analyst Mark Mulligan offers 10 trends reshaping the music Industry. By Mark Mulligan of MIDiA and the Music Industry blog The IFPI has reported that global recorded music revenues have hit $19.1 billion, which means that MIDiA’s ...
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Why Buy Disc Makers When CD Sales Are In Free Fall?
Source:
HypeBot
While CD Baby and related digital properties were bought last week by Downtown Music for a reported $200 million, its physical good companies Disc Makers, BookBaby and Merchly were not a part of the deal. Now a newly created entity led by company executives, DIY Media Group, has acquired those assets. But why buy a CD plant and other physical good manufacturing assets at a time when streaming and digital music and media sales have clearly become the format of ...
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