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NOLA's Favorite Band Just Bought NOLA's Favorite Nightclub
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HypeBot
Galactic has announced that they’ve purchased the iconic New Orleans nightclub Tipitina’s. The recently finalized deal, which has been in negotiation for most of the year, will transfer ownership of the music venue and it’s associated business to the popular indie funk band. Galactic is no stranger to Tipitina’s and the band has been performing there for more than two decades. The members of Galactic stated that they plan to continue to operate Tipitina’s as a music club, hosting both ...
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How Create Music Group Located $60M In Unclaimed Revenue For Artists, Labels In Three Years
Source:
HypeBot
Here Dana Feldman looks at how Los Angeles-based company Create Music Group has been able able to impact the online streaming economy in artists' favor by tracking down $60 million dollars in unclaimed streaming revenue. By Dana Feldman. This article originally appeared on Forbes.com In just three years, Los Angeles-based Create Music Group has changed the online music streaming game. What started as a YouTube monetization company, collecting revenue on behalf of artists and labels, now monetizes more than nine billion streams per ...
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Streaming Services Hold Key To Music's Diversity [Op-Ed]
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HypeBot
Johan Svanberg of indie distributor Record Union looks at the need for music streaming services to become more diverse and egalitarian; not only where gender and ethnicity are concerned, but also in terms of creation and ownership. The answer, he believes, is to make streaming platforms a more hospitable and profitable environment for independent artists and labels. Guest post by Johan Svanberg of Record Union The music industry needs to become more diverse, but equality and diversity is not only ...
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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
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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
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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
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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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