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Producer Quincy Jones Proposes A Music Stock Index Fund
Source:
HypeBot
While there have long been index funds built around media and tech stocks, there has never been an index fund created specifically around music, something which famed producer Quincy Jones is hoping to change. Guest post by Bobby Owsinski of Music 3.0 One way to invest in the stock market reasonably safely is by investing in an index fund, which is a type of mutual fund with a portfolio constructed to match or track a market index, such as the Standard & Poor’s 500 Index (S&P 500). ...
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What Is The Music Modernization Act and Who Supports It?
Source:
HypeBot
The Music Modernization Act is poised to reshape music copyright and compensation for a generation. But what exactly is the MMA, and how will it impact songwriters and publishers? We will be exploring these questions all this week on Hypebot with “The Music Modernization Act: Peril Or Promise?," a series of articles and guest posts designed to explain and dissect the legislation. We begin with this simple question: What is the Music Modernization Act and who supports it? Few would deny ...
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Google, Amazon, Spotify, Facebook, Other Major Net Players Endorse U.S. Music Modernization Act
Source:
HypeBot
The Internet Association, the trade and lobbying group which represents Google, Amazon, Spotify, Facebook and several dozen other major internet companies, today sent a letter to the bipartisan Congressional sponsors of the Music Modernization Act (MMA) calling on them to advance the legislation. Microsoft, Eventbrite, Twitter, Netflix and Reddit are also among the members of the Internet Association supporting the MMA. The Music Modernization Act would change the system for obtaining mechanical rights to a song. Today, licenses must be obtained ...
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10 Field Artists Working Across Aesthetic Boundaries
Source:
HypeBot
While field recording has existed for over a century, it has changed and progressed along with the rest of the industry. Here we look at ten people working in field recording who are crossing aesthetic boundaries to capture sounds from the outside world. Guest post by Patrick McGuire of Soundfly's Flypaper The roots of field recording go all the way back to early 1900s when pioneer musicologist John Lomax began recording cowboy songs in Texas. His son Alan eventually ended up taking recordings ...
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Spotify Has 4 Paths To Profitability, None Of The Are Good For Labels Or Artists
Source:
HypeBot
Spotify, which accounts for an estimated 17% of all major label revenue, has rejuvenated the music industry. But it's own revenue future is far murkier. Spotify, like its competitors, is loosing hundreds of millions each year. And while an eminent public stock listing will replenish reserves, eventually the streamer must become profitable. It is estimated that Spotify lost $400 million in 2016. Ad revenue increased and royalties decreased slightly in 2017, but losses last year will still be measured in ...
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Qobuz To Bring Ultra Hi-Res Audio Streaming To U.S.
Source:
HypeBot
Spotify, Apple Music and other music streamers have been eyeing high resolution streaming music as a way to charge some users more. While they consider following Tidal and Deezer's lead into Hi-Res, French streamer Qobuz, which calls itself “ the highest resolution music streaming service in the world,” is launching in U.S. French audio streaming service Qobuz, which touts itself as “ the highest resolution music streaming service in the world,” is coming to the U.S. to try its luck against ...
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What's Driving The Music Business? VR, AI, Blockchain, Smart Speakers, More [Bas Grasmeyer]
Source:
HypeBot
As we move forward in 2018, Bas Grasmayer takes moment to reflect on the leaps and bounds forward which music industry tech has made, and how these advances will shape major industry trends in the coming year. Guest post by Bas Grasmayer from Music Tech Future I am typing this article on my phone in an airport. Therefore this piece is going to be a bit different than my usual MUSIC x TECH x FUTURE post. It’s amazing what we can do ...
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Is Now Actually A Good Time To Invest In Music Royalties?
Source:
HypeBot
While shelling out cash in the music industry is nothing new when it comes to purchasing merch or paying for Spotify, the idea of a more traditional investment has also been gaining traction of late. Here Cherie Hu explores the viability of investing in music royalties, and one sort of ROI one might see for doing so. Guest post by Cherie Hu from Forbes.com If you are a diehard music fan—spending $120 a year on a streaming service with access to millions ...
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