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Tencent Music Sets 2018 U.S. IPO, Spotify Could Net $2B
Source:
HypeBot
After speculation that Tencent Music would delay its IPO until 2019, the streamer filed paperwork Monday to move forward with a U.S. stock offering before the end of 2018. The IPO could also be a big win for Spotify. The music division of Chinese tech and shopping giant Tencent Holdings hopes to raise between $1.07 billion and $1.23 billion from a New York Stock Exchange IPO, according to today's SEC filings. That's well below the $2 billion the company had ...
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Qobuz Sets Early 2019 US Launch with Hi-Res Streams, Downloads, Additional Content
Source:
HypeBot
Qobuz, which bills itself as the world’s only certified hi-res streaming and download service, will launch in the US in early 2019. 40 million tracks will be available in “lossless” quality (FLAC 16-Bit/44.1 kHz, similar to CD quality) and in 320kbps MP3 quality along with extensive meta-data and additional content. The streamer will also offer a catalog in 24-Bit quality that music includes more than 75,000 albums, available as paid downloads, and in streaming as part of a Sublime+ subscription. ...
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The Music Business Is About More Than Just The Big Three
Source:
HypeBot
While Sony, Universal and Warner are the music industry's biggest players, there is a lot more going on with the music business that doesn't involve these three giants, as Professor David Philp of William Paterson University explores. Guest post by Professor David Philp of William Paterson University from the blog Music Biz 101 The Big 3 Labels Are About To Make Some Noise What do you think the article above (click on the Big 3 Labels headline) is all about? (I ...
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How Analytics Make All The Difference In A&R, Marketing
Source:
HypeBot
In this piece Chaz Jenkins explains why implementing a broader approach to analytics is key to an effective marketing strategy, and why only looking at past data simply doesn't provide enough information. Guest post by Chaz Jenkins of ChartMetric On my first day in a new role a few years back, a colleague asked whether I’d like to see the marketing reports. A little later, they handed me a couple of sheets of paper with sales and streaming figures for ...
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Mixcloud Inks Merlin Indie Licensing Deal
Source:
HypeBot
Radio-like streaming platform Mixcloud has signed a multi-year direct licensing agreement with global indie label rights agency Merlin. Mixcloud recently closed similar deals with Universal Music Group and Warner Music Group, in the run up to the planned launch of a paid subscription service. Mixcloud offers listeners access to 15 million radio shows, DJ mixes and podcasts produced by 1.3 million creators and and curators. Mixcloud streams that lean heavily indie include online radio stations NTS, The Lot Radio and ...
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Music Piracy: No Longer In The Headlines, Still A Headache
Source:
HypeBot
While the rise of streaming and the music industry's at least partial financial recovery have sidelined music piracy as a topic of major concern, the illegal acquisition of music online continues to be an ever-present issue. Guest post by William Glanz of SoundExchange The growth of music streaming and the music industry’s financial recovery have pushed music piracy out of the headlines. But it’s still there. “Despite the remarkable and rapid industry transformation to on-demand streaming availability, including free to ...
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eMusic Blockchain Token Sales To Launch, Despite Ongoing Payment Problems
Source:
HypeBot
Indie digital music retailer eMusic will open the sale of its eMU Tokens to the public outside of the U.S. on Monday. November 26. The tokens are part eMusic's blockchain project that could be hampered by its ongoing payment struggles that have seen a number of major and independent labels and distributors pull their catalog off the platform. eMusic says it will launch eMU Tokens with 26 million tracks from independent labels and musicians. Crypto tokens are kind of virtual ...
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Diversifying The Music Industry - A Local Approach
Source:
HypeBot
In this op-ed, we look at the UC Theatre Taube Family Music Hall, an independent venue based in the Bay Area which functions as a nonprofit giving underrepresented youth from diverse racial and socioeconomic backgrounds opportunities for success in the music industry. Guest post by David M. Mayeri and Robyn Bykofsky The UC Theatre Taube Family Music Hall is a top-tier, independent, Bay Area music venue that operates as a nonprofit and, through its flagship Concert Career Pathways education program, ...
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