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TuneGo Raises $7.7M For Music Industry Data Platform
Source:
HypeBot
TuneGO, a data driven music A&R startup has completed a Series B financing totaling more than $7.7 million. Private equity firm Falcon Capital led the round. TuneGO will use the funds to enhance its technology platform and global infrastructure, which is already being used by many leading music and entertainment companies. The company will also increase the size of its engineering team, invest in user growth and continue to expand into new international markets, particularly in Asia. “With the explosive growth ...
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Amuse Raises $15.5M For Next Gen. Record Label, Free Music Distribution
Source:
HypeBot
Next-generation record label and music distributor Amuse has raised a $15.5 million Series A round co-led by Lakestar and Raine.The company was founded in Stockholm by execs from Spotify, Universal Music and Warner Music. Using Amuse, artists can distribute their music for free to major services including Apple Music, Spotify, Deezer, etc. and keep 100% of the royalties. Amuse then leverages data to identify promising talent and signs artists through licensing deals rather than traditional contracts, which means the artists ...
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Spotify, Apple Music and The Future Of Ad Supported Streaming [Zach Fuller, MIDiA]
![Spotify, Apple Music and The Future Of Ad Supported Streaming [Zach Fuller, MIDiA]](https://s3.amazonaws.com/allaboutjazz/photos/logo/hypebotlogo2015.jpg){kind=logo}
Source:
HypeBot
Musicians and labels have long been skeptical of Spotify's free ad-supported tier, primarily because returns a lower per stream rate than Spotify's, Apple Music's or other paid subscription tiers. But according to MIDiA's Zach Fuller, a recent makeover and the latest revenue stats show that Spotify is, at least somewhat successful, repositioning free streaming is not a replacement for retail but a replacement for radio. By Zach Fuller of MIDiA Research Cast your mind back to streaming yesteryear, back when the format ...
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Smokey Robinson Gives Moving Defense Of Artists Rights At Hearing Over Music Modernization Act
Source:
HypeBot
Singer songwriter Smokey Robinson too the stage in a somewhat different capacity recently to act as a moving and powerful advocate for artists' rights, delivering a passionate defense to the Senate Judiciary Committee as they deliberate on the Music Modernization Act. Guest post Chris Castle of Music Technology Policy Smokey Robinson is one of the best witnesses for artist rights. Mr. Robinson was on stage yesterday in the clinch at the Senate Judiciary Committee hearing on the Music Modernization Act, ...
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The Art Of Being Heard: Are Big Data And Analytics The Future Of Music Marketing?
Source:
HypeBot
As the use of big data as a marketing tool gains speed in music industry, Natasha Lane here explores in depth the definition of big data, and how it applies to music itself, and the marketing strategy implemented for said music. Guest post by Natasha Lane We live in an age of information overload. Every time you go on the internet, your devices produce huge amounts of data that contain your actions, locations, preferences, etc. It is said that users ...
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Sony Music Buys $185M Stake In 'Peanuts' Brand
Source:
HypeBot
Sony Music Entertainment (Japan) has today announced that it has acquired a stake in the iconic ‘Peanuts’ brand. Created by Charles M. Schulz in 1950 and owned by Nova Scotia-based DHX Media, Sony purchased 49% of DHX Media’s 80% stake in ‘Peanuts’ for $185 million. DHX originally acquired the ‘Peanuts’ brand as part of a $345 million acquisition of the entertainment division of Iconix Brand Group in May 2017. Also part of the deal is an extended licensing and syndication agreement ...
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Could Spotify Buy Universal? Should It? [MARK MULLIGAN]
![Could Spotify Buy Universal? Should It? [MARK MULLIGAN]](https://s3.amazonaws.com/allaboutjazz/photos/news/spotifylogo200.jpg)
Source:
HypeBot
Vivendi has been openly exploring spinning off Universal Music Group. Publically the talk is of a possible IPO, but the rumor mill has spun out several scenarios, including a purchase by Apple or Alibaba. But what if Spotify bought UMG? Could that bold move solve its ongoing profitability problem? By Mark Mulligan of MIDiA Vivendi is reported to be proposing to its board a plan for spinning out Universal Music. It is certainly the right time for a spin off (always ...
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Sam Trippe's Short, Tragic Career
Source:
JazzWax by Marc Myers
Painfully little is known about trumpeter Sam Trippe's career. Based on my research last night, Trippe was born in 1923 and grew up near Rochester, N.Y. He married in 1945 and lived with his wife, Dorothy, in the village of Endicott, N.Y. According to a 1946 ad in the Rochester Democrat and Chronicle, Trippe played jam sessions with drummer Jimmy Antonelli at the Casablanca on Endicott's Main Street. According to the Binghamton Press in Binghamton, N.Y., Trippe's family name was ...
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