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Music Industry

Ticketfly, Major Venues Offline 40+ Hours After Hack, Ransom Demand [UPDATED]

Ticketfly, Major Venues Offline 40+ Hours After Hack, Ransom Demand [UPDATED]

Source: HypeBot

More than 40 hours after it first went dark, Ticketfly and the sites of many of the major venues and promoters it services are still offline. Ticketfly, which is owned by Eventbrite, discovered that it had been hacked just before 6 AM ET Thursday and went offline with the tweet: “To protect our clients and fans, and to secure the website and related data, we have temporarily taken all Ticketfly systems offline." Eventbrite clients appeared unaffected by the hack. As ...

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Music Industry

Ticketfly, Major Venues Offline 12 Hrs After Hack, Ransom Demand [UPDATE 3]

Ticketfly, Major Venues Offline 12 Hrs After Hack, Ransom Demand [UPDATE 3]

Source: HypeBot

Ticketfly and the sites of many of the major venues and promoters it services are offline as the ticketing company struggles with a major “cyber incident."  Still offline as of 5PM ET Thursday, the site, which is owned by Eventbrite, went dark before 6AM ET Thursday with the tweet: “To protect our clients and fans, and to secure the website and related data, we have temporarily taken all Ticketfly systems offline." In addition to ticketing, Ticketfly provides web site services ...

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Music Industry

How Spotify Is Killing Jazz, Soul, Classical Music

How Spotify Is Killing Jazz, Soul, Classical Music

Source: HypeBot

Is it time for a Fair Streaming movement? Chris Rizik explores the structure of the new streaming economy and the way in which artists are paid could spell bad news for Jazz, Soul, Classical and other niche music genres. Guest post by Chris Rizik of Soul Tracks Two events happened recently that caught my attention: Lil Pump, a 17 year old Miami rapper, signed an $8 million recording deal with Warner Bros. Around the same time, one of the leading ...

Music Industry

The Reason Record Labels Hate Free Streaming Tiers

The Reason Record Labels Hate Free Streaming Tiers

Source: HypeBot

While streaming services may often be touted as the saviors of the music industry, label execs are no fans of the 'free tiers' offered by most of these platforms, arguing that the widen the music business's value gap. Guest post by Bobby Owsinski of Music 3.0 If you were to poll record label execs off-the-record on which music streaming service they like the most in a strictly business-sense, chances are that Apple Music would end up as the clear winner. ...

Music Industry

How Record Labels Screwed Up The Music Industry, And How Spotify, Apple Saved Them

How Record Labels Screwed Up The Music Industry, And How Spotify, Apple Saved Them

Source: HypeBot

ALTERNATIVE TAKE: Mike Masnick explores the sordid history of how the record labels' behavior in the early days of the internet literally brought the music industry to its knees, and how these same labels have been saved by the tech industry led by Apple and Spotify. By Mike Masnick from Techdirt If you've been following how much the record labels stumbled around the internet for the past couple of decades, then you know the basics here. But time has a way of ...

Music Industry

Mixcloud Pacts With EU Licensor ICE For 12M DJ Sets

Mixcloud Pacts With EU Licensor ICE For 12M DJ Sets

Source: HypeBot

European digital music rights organization ICE announced a new multi-territory licensing deal with dance music-focused digital music service Mixcloud.  Mixcloud’s new ‘Core’ licence deal with ICE covers PRS, STIM and GEMA repertoire for their combined 290,000 members and repertoire for some of the leading independent music publishers. Mixcloud currently has over 1.2 million content creators and streams more than 12 million DJ sets, radio shows and podcasts featuring artists such as Carl Cox, David Byrne and others. The site reports ...

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Music Industry

Vevo To Shutter Apps, Site And Stream Only Via YouTube

Vevo To Shutter Apps, Site And Stream Only Via YouTube

Source: HypeBot

Vevo has announced that it will shut down its mobile apps and video web site in the coming weeks, and make YouTube its sole delivery platform.  The shift also strengthens YouTube's dominance in music just as it launches its biggest push into paid streaming yet. Vevo is shuttering its mobile apps and web site, the music video service announced on Thursday. Vevo videos will continue to be available via YouTube, which the company says will include new and original content ...

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Music Industry

Sony Takes $2.3B Controlling Stake In EMI

Sony Takes $2.3B Controlling Stake In EMI

Source: HypeBot

With a check for $2.3 billion, Sony has become the world's largest music publisher. The deal adds a catalog of more than two million songs from EMI Music Publishing, including hits ranging from Queen to Pharrell Williams to  Sony's already massive 2.3 million track repertoire. The EMI investment is the first major move by new Sony CEO Kenichiro Yoshida. Sony, like fellow corporate giant Vivendi, is enjoying a music industry resurgence fueled by revenue from streaming.  The deal with Abu Dhabi-based investment ...


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