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Shazam Is To Apple As The Echo Nest Is To Spotify [Mark Mulligan]
Source:
HypeBot
From Mark Mulligan of MIDiA: Shazam finally found a buyer: Apple. Ever since its affiliate sales revenue model crumbled with the onset of streaming (there’s no business in an affiliate fee on a $0.01 stream), Shazam has been trying to find a new business model. It doubled down on providing tools for TV advertisers but never got enough traction for that to be a true pivot. Shazam’s problem has always been that it was a feature rather than a product ...
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Apple To Acquire Shazam For $400 Million [REPORT]
Source:
HypeBot
Apple is reportedly days away from acquiring music and audio recognition app Shazam for a $400 million. The startup, which had been valued as high as $1 billion, had previously raised $143 million from investors including Kleiner Perkins, DN Capital and IVP, as well as, Sony Music, Universal Music and Access Industries, which owns Warner Music. Apple is on the verge of acquiring Shazam for $400 million, according to multiple reports, far less than a recent $1 billion valuation. While wildly popular, ...
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YouTube Planning New Spotify Competitor "Remix" [REPORT]
Source:
HypeBot
YouTube is planning a March launch of a music service internally dubbed Remix, according to a new report. The move comes amidst increasing calls for YouTube to return more revenue to creators and rightsholders, and will be the streamer's third attempt at getting users to pay. Google's YouTube is planning a March launch of a new music streaming service, internally called Remix, which will include Spotify style on-demand streaming plus some video from YouTube, sources tell Bloomberg. This will be Google's ...
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Inside Music Analytics: Chris Stapleton Has More In Common With Etta James, Van Morrison, Otis Redding Than You Think
Source:
HypeBot
In this piece Glenn Peoples looks at the rise of Chris Stapleton's cross genre success with is cover of Tennessee Whiskey" and how the soulful country number has been able to capture the attention of audiences typically more focused on R&B/soul legends. Guest post by Glenn Peoples, Music Insights and Analytics at Pandora, of Medium “Tennessee Whiskey” plays well with songs in the country, Americana, singer-songwriters, rock, R&B, and soul genres. Stapleton’s music has a close relation to Etta James ...
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Co-Founder Glenn Dicker Talks Seminal Indie Label Yep Roc
Source:
HypeBot
In this interview Glenn Dicker, co-founder of Yep Roc records (now in its twentieth year), chats about the origins of the label, the value of genre diversity, suggests some essentials from their catalogue, and more. Guest post by Will Hodge of Noisetrade It’s always an incredibly fun opportunity to chat with the industry professionals that help get the music that we love into our hands and our newest NoiseTrade One-on-One with Yep Roc Records co-founder Glenn Dicker is no exception. ...
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Music Sustainability: The State Of Streaming
Source:
HypeBot
As streaming's dominance in the music business to grow, we're taking a moment to look at the current state of streaming, as well as where it might be headed in the near future. Guest post from Rethink Music by Allen Bargfrede, original article on Slush Music “Alexa, play some Tom Waits.” That’s how my children will grow up interacting with music. Streaming has changed the game, forever, and in a good way. In my earlier post for Slush, I discussed the return to growth ...
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Geography Of Music: Tulsa, Oklahoma
Source:
HypeBot
While not place necessarily associated with pop culture preservation, the University of Tulsa is teaming with a philanthropist to make the city home to an archive of documents and objects belonging to Bob Dylan and others. Guest post by William Glanz of SoundExchange Bob Dylan will remain in Tulsa forever. That’s because philanthropist George Kaiser teamed up with the University of Tulsa this year to purchase thousands of documents and objects belonging to Bob Dylan. Bob Dylan and Joan Baez ...
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This North American Indie Record Store Chain Grew From 8 To 82 Stores In 2017
Source:
HypeBot
Much like the recorded music industry, record stores are making a comeback. While the gains are modest, some new stores are opening successfully with a mix of vinyl, merch, used music and more. One independent chain has grown to 82 stores, fueled by the vinyl resurgence and guided by technology. Independently owned music retailer Sunrise Records, whose history dates back to 1977, grew to an 82 store Canada-wide operation in 2017. The firm launched its expanded operations with a belief ...
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