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How To Get Into Vinyl On A Tight Budget
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HypeBot
Collecting and listening to vinyl can be a delightful hobby for music enthusiasts from all walks of the industry, but the nature of the medium can often make getting into vinyl financially intimidating. Here we look at how to become a vinyl enthusiast on a budget. Guest post is written by Michael L. Moore of Devoted to Vinyl. Vinyl records are a very fun hobby—nothing quite compares to the tactile experience of touching an album cover, or placing a large ...
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WMG Sells All Spotify Stock, Pays Artists, Labels $126M
Source:
HypeBot
Warner Music Group has sold its entire holdings in Spotify stock for $504 million and will begin payments to artists and labels this month, the company announced on an earnings call Tuesday. “In February 2016, we were the first major to announce a policy to share proceeds from equity in streaming services with artists,” said WMG CEO Steve Cooper. WMG's sale of Spotify stock will result in “$126 million credited to artist accounts on their June 30 royalty statements which ...
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Soundbetter Passes $10 Million Paid To Musicians, Producers
Source:
HypeBot
SoundBetter, a marketplace for music production talent, announced that it has delivered over $10 million to artists and producers on the platform. “Most of that in the past 18 months," according to Shachar Gilad, SoundBetter Founder and CEO. SoundBetter helps artists create “release-ready" songs by connecting them with music producers, singers, songwriters sound engineers, while helping freelance music professionals make their services accessible to artists globally. Pros using the platform include Grammy award winners, hit-making songwriters, touring session players and ...
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Why Congress Should Support Startups In The Music Modernization Act
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HypeBot
In this piece Chris Castle breaks down the latest inside the world of the Music Modernization Act, and why the law needs to be altered in order to restore balance between the rule makers and the rule takers, and better support startups in their bids for success. Guest post by Chris Castle of Music Technology Policy If you read the current version of the Music Modernization Act, you may find that it’s more about government mandates that entrench incumbents than a ...
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Jerry Garcia Music Arts Launches Indie Record Label, Celebrates His Birthday
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HypeBot
Jerry Garcia Music Arts LLC, a new mission-based music and arts entertainment services company, is commemorating the August 1st birthday of the late great Grateful Dead founder Jerry Garcia. To celebrate, the company is releasing a remastered live recording of “Ripple” from the acclaimed guitarist’s 1982 solo acoustic performance at the Capitol Theater in Passaic, New Jersey. The free single will be made available to fans via iTunes, Spotify, Google Play, Deezer, iHeartRadio, Napster, MediaNet, VerveLife, Tidal, Gracenote, Shazam, and 7Digital. ...
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Pop Music Eats Itself: A&R Is Facing A Data Driven Crisis
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HypeBot
It is no secret that data now drives who gets signed, with record labels chasing stats in search of the next streaming friendly hit. But analyst Mark Mulligan and some label execs are wondering how music can evolve when A&R is a reflection of current trends rather than as a tastemaker; and how an out of the box music can find a place with an increasingly closed loop of statistics. By Mark Mulligan of MIDiA and the Music Industry Blog ...
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Eventbrite Files For IPO [Report]
![Eventbrite Files For IPO [Report]](https://s3.amazonaws.com/allaboutjazz/photos/news/32b673005af3f70ce8659fce23fc7e9e.jpg)
Source:
HypeBot
Eventbrite, the popular indie and D.I.Y. ticketer, has reportedly filed for an IPO for later this year. The company’s lead underwriters are Goldman Sachs and JP Morgan Chase, according to the Wall Street Journal. Eventbrite has raised $330 million to date, and helps sell more than three million tickets to concerts, festivals and other events every week. It provides ticketing for millions of events in more than 180 countries, with $10 billion in cumulative sales since launch. In 2017, Eventbrite acquired U.S. ...
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