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Music Industry's Revenue Growth Continues, But There Are Warning Signs
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HypeBot
New numbers released by the RIAA show that recorded music revenues have continued to grow over the past year, reaching an uptick of 13% overall. This is good news for an industry which was struggling to stay afloat not long ago, but also carries with it some warning signs, and questions about the future. Guest post by Bill Rosenblatt. This article originally appeared on Forbes The RIAA released its semiannual compilation of recorded music revenues this week. The numbers for 2018 ...
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New Report Reveals Why Piracy Persists In The Streaming Era
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HypeBot
Given the ubiquity of available content and ease of access which many of us now have to music and video in 2019, analysts had predicted that the streaming age would all but eradicate piracy. This hasn't quite panned out however, according to a new study out of New Zealand, although not for the reasons you might think. Guest post by James Shotwell of Haulix Piracy was supposed to end with the dawn of streaming. Entertainment analysts predicted that having the vast ...
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Streaming Revenue Impressive, But Can It Ever Make Up For Lost Physical Sales?
Source:
HypeBot
With streaming revenue showing a massive increase in comparison to previous years, the major three record labels are rejoicing at their annual haul. A big part of this income still draws from physical sales however, and as these old-school revenue streams continue to thin to a trickle, will streaming be able to fully compensate? Guest post by Bobby Owsinski of Music 3.0 The 3 major record labels are all reveling in their good fortune, as streaming numbers and revenue are ...
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2 Additional Rules For Success For Blockchain Music Entrepreneurs [George Howard]
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HypeBot
After a previous article outlining an initial two key points of failure awaiting unsuspecting Blockchain music entrepreneurs, this articles details the risks of the second pair, helping artists to successfully navigate a revolutionary technology that, despite its pitfalls, has huge potential to benefit artists. Guest post by George Howard. This article originally appeared on Forbes My last article put forth two of the four points of failure that I see as stumbling blocks for Blockchain music entrepreneurs. This article presents the ...
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How Smart Speakers Increase The Artist and Fan Divide
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HypeBot
"Alexa (Siri, Google) play..." With tens of millions of song requests being processed daily, what fills that blank matters. “Play That Funky Music" will net you the Wild Cherry hit. Hear that song once and you know the title. But while “Counting Blue Cars" may have been a big hit for Dishwalla and notched 8.8 million views on YouTube, those three words appear nowhere in the song, much less the chorus. How many more spins would the song still be ...
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How Do Indie Music Blogs, Radio Survive? The Harsh Reality
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HypeBot
Over the past few years I’ve watched many indie music blogs and independent radio come and go like the wind. We often hear about supporting the artists, which is exactly what these independent platforms do. The people behind the indie platforms sacrifice their health, families, lifestyle and quite often go into debt struggling to pay for the necessary costs associated with running such platforms. MusicTalks recently ran a poll on twitter which asked the question; ‘What would you do if ...
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Owning Music Is Important - Vinyl Can Help
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HypeBot
With the rise of the digital age, music has ceased to become something we own as much as something we rent. One format, once thought of as obsolete, is shifting this new balance, however. Here we look at why ownership of music is still important, and how vinyl is making it relevant again. Guest post by Mark Henshall of Sound Matters Since the birth of the internet, music has shifted from being something we own to something we rent. This ...
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This May Not End Well... Top UMG Top Suitors Are A Streaming Service and A Private Equity Firm
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HypeBot
If history is any guide, this may not end well... The two top suitors eyeing a $20- $25 billion bid for a 50% stake in Universal Music Group are US investment firm KKR and China’s Tencent Music Entertainment Group. The news comes as UMG parent Vivendi interviews firms to handle the sale. “Sell-side banks are expected to be appointed in March, with a process likely to kick off in the second quarter, according to Reuters. “But informal discussions with potential ...
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