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Music's Urgency Of Inclusion
Source:
HypeBot
While gender diversity is a pervasive problem across almost all industries, a new study has highlighted just how bad of problem this is in the music industry in particular. Here a close examination of music business stats and recent Grammy wins reveals the troubling reality of gender inequality in the music world. Guest post by Megan McGarry from the Berklee College Of Music: Music Business Journal Gender diversity in the entertainment industry has recently been a heavily discussed topic. As these ...
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Beware: Greg Maffei Is Now Music's Most Powerful Executive
Source:
HypeBot
Move over Daniel Ek and Lucian Grainge, Greg Maffei is now the most powerful executive in the music industry. Maffei is the president and CEO of Liberty Media, Chairman of Live Nation Entertainment and Chairman of SiriusXM, which yesterday acquired Pandora. If that's not enough to make Maffei music's new king, Liberty Media also controls 71% of SiriusXM and 34% of Live Nation stock. The potential for synergies, marketing partnerships and even new deals between Liberty's many entertainment related holdings ...
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Shazam Removes Ads As Apple Completes Acquisition
Source:
HypeBot
Apple announced that it has completed its acquisition of music recognition app Shazam which is used by hundreds of millions globally. Along with the acquisition, Apple will make the app ad free. Shazam has been downloaded over 1 billion times and users identify songs using the Shazam app over 20 million times daily. “Apple and Shazam have a long history together. Shazam was one of the first apps available when we launched the App Store and has become a favorite ...
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Spotify, Nielsen Deal May Mean More Money For Artists
Source:
HypeBot
One of the most valuable types of data for artists and labels is demographic information on exactly who is listening to their music. This is why a new deal being struck between Spotify and Nielsen Research could have implications for not just advertisers, but also artists. Guest post by Bobby Owsinski of Music 3.0 One of the things that’s most valuable to artists, management and labels is the demographic information of exactly who is listening. In these days of targeted ...
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Quincy Jones Joins Jammcard $1M Funding Round To Expand 'LinkedIn For Musicians'
Source:
HypeBot
Quincy Jones has led a $1 million seed funding round in music tech startup Jammcard. The music industry professionals network has been called the “LinkedIn for musicians" by Forbes. Jammcard connects the music community via an invite-only social network for vetted pros and exclusive, members-only events. The app is credited with assembling live bands for Gwen Stefani, Zedd, Maren Morris, PARTYNEXTDOOR, Jason Derulo and Grace VanderWaal. In addition, Jammcard curates a signature monthly live event called the JammJam, which have ...
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Could This Company Be The Last To Distribute CDs?
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HypeBot
While the CD has hung on longer than some might have guessed, it's decline has been steady. That said, some are still turning a profit from this outdated form of music. Here we look at Alliance Entertainment, the largest wholesaler of physical music in the US. Guest post Bobby Owsinski of Music 3.0 The CD is fading away, not as quickly as was predicted, but the long slow decline is occurring nonetheless. Streaming is the root cause, of course, and ...
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Music Industry In UK Booms As Brexit Disaster Looms
Source:
HypeBot
A British Phonographic Industry report shows that British music exports are now at their highest level in almost two decades. According to the BPI, UK labels generated revenues of £408.4 million in 2017, up by 12% over the previous year. The strong performance contributes to more than £5 billion in revenue generated by the sector since 2000. Taking into account payments made overseas, UK labels generated a net £200 million balance of payments surplus for the UK economy in 2017, up by ...
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How Streaming Is Changing Shape of Music [Mark Mulligan] Part 1
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HypeBot
MUST READ: This is the first of two thought pieces by MIDiA analyst Mark Mulligan on how streaming is reshaping music from creation to consumption. By Mark Mulligan of MIDiA and the Music Industry Blog The streaming era has arrived in the music business, but the music business has not yet fully arrived in the streaming era. Labels, publishers, artists, songwriters and managers are all feeling – to differing degrees – the revenue impact of a booming streaming sector. However, ...
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