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Timely announcements covering new album releases, tours, concert series, special events, job postings, crowdfunding campaigns and more. You can find more news by searching our website, viewing our news stream, seeing what's trending or reading our blog posts. Subscribe to our news RSS feed and/or embed AAJ news content on your website or blog. Learn about our news service here. Submit news here.
What Analysts Are Saying About Spotify
Source:
HypeBot
[UPDATE 2, Spotify is madeits stock available to the public for the first time today in an unusual direct offering. While still an unprofitable company, Spotify has bested tech giants Apple, Amazon and Google to become the dominant player in music's dominate format- streaming. But will that be enough to make its stock soar at a time when the markets, and in particular tech stocks, are reeling from trade wars and Presidential tweets? Here's what Wall Street thinks: “$20-$25 Billion" ...
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Spotify Ends Solid First Trading Day At $26.7B Valuation
Source:
HypeBot
Spotify stock ended its first day as a public company with a valuation of $26.7 billion. The stock closed at $149.95 as more than 3o million shares traded hands at between $148.26 to and $169. The closing price was 14% of the $132 reference price set by the New York Stock Exchange prior to the start of trading. But while it was a solid start for Spotify, particularly at a time when the markets are volatile, there were some signs ...
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Music Piracy Has Increased [New Study]
![Music Piracy Has Increased [New Study]](https://s3.amazonaws.com/allaboutjazz/photos/logo/hypebotlogo2015.jpg){kind=logo}
Source:
HypeBot
With the rise of streaming, access to music (and media in general) has become easier than ever. While one might assume that this would negate any need for illegally downloading music, it appears that piracy is actually on the rise. Guest post by Bobby Owsinski of Music 3.0 We live in an age where it’s probably the easiest it has ever been to access just about any kind of music you want, and all for free. The music business has ...
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Taking The Music Industry Monopoly Seriously
Source:
HypeBot
As weakening antitrust laws and consolidation of businesses continue, virtually every corner of the music industry is now controlled by a choice few companies, whether its streaming or live music, writes Will Meyer. Here he explores why these monopolies must be taken seriously. Guest post by Will Meyer of CASH Music Everyone can agree, at this point, that most corners of the music industry are dominated by a small number of companies. Take streaming services, for example. Just a few ...
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U.S. Actually Just Expanded Arts, Public Broadcast Funding
Source:
HypeBot
After a great deal of bluster and promises to eliminate federal funding for the arts and public broadcasting, Donald Trump signed a $1.3 trillion spending bill that actually increases funding for the threatened programs last week. In February, Trump released a proposed budget that threatened to cut the Corporation for Public Broadcasting’s budget to the bone, reducing the federal contribution to the organization from $445 million down to just $15 million. However, in the spending measure passed on Friday, funding ...
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Listen: First Album Composed By Artificial Intelligence
Source:
HypeBot
Artificial Intelligence has hit a number of milestones of late. Forget self-driving cars and microbots, the music industry has just seen its first album composed using artificial intelligence. Guest post from FrtyFve, powered by TalentAI insights 'Hello World' is the first full-length album composed using artificial intelligence. The project released by SKYGGE aims to illustrate that AI “can be used to create new, compelling music, generating fresh musical material”. The use of artificial intelligence in music has improved way beyond its early applications- including ...
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It's Time For People To Learn How Streaming Really Works
Source:
HypeBot
Despite it being the fastest growing form of music consumption, many people still don't fully grasp how streaming works or, as this article maintains, doesn't work. Guest post by Faza of The Cynical Musician Odd as it may seem, people apparently still don’t understand how streaming music works. Spotify has been a thing for years and there’s a fair number of competitors these days, as well. Despite the vast trove of experience available to anyone with a stake in the ...
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A great day in Venice
Source:
Ken Franckling's Jazz Notes
Nearly seven years ago, former broadcaster Morrie Trumble was asked to start a jazz club in Venice for music fans who loved mainstream swing and a bit of bebop. It started small with scattered concerts and regular jam sessions. Before long, the South County Jazz Club, set up to serve the southern end of Sarasota County, was serving up helpings of jazz with season-long series of concerts generally running from October through April. Trumble, who has been president and major ...
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