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Music Industry

Pandora CEO Tim Westergren To Exit [REPORT]

Pandora CEO Tim Westergren To Exit [REPORT]

Source: HypeBot

Pandora [P] CEO Tim Westergren is stepping down, according to reports surfacing late on Sunday. The shift comes just weeks after U.S. satellite radio company Sirius XM [SIRI.O] agreed to invest $480 million in the music streamer. A Pandora spokesperson declined to comment.  Pandora's co-founder and most visible advocate, Tim Westergren, is exiting the music streamer, reports recode.  He will likely stay at the company until a replacement is found.  Earlier this month, Pandora attracted a $480 million investment from ...

Music Industry

Sparkplug: Rent Instruments, Gear, Space From And To Your Fellow Musicians

Sparkplug: Rent Instruments, Gear, Space From And To Your Fellow Musicians

Source: HypeBot

This article explores the new ins and outs of Sparkplug, a resource which allows artists to make money by renting out instruments and space to fellow artists, as well as save money by renting space and gear from same said artists. Guest post by Jennifer Newman Sharpe, CEO and founder of Sparkplug Make money renting out your instruments; Save money on tour or in the studio by renting from a fellow artist. In order to better support and invest in their art, ...

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Music Industry

Elon Musk, Tesla In Talks To Launch Streaming Music Service

Elon Musk, Tesla In Talks To Launch Streaming Music Service

Source: HypeBot

Just in case you weren't sure that there are already a few too many music streamers, comes word that Elon Musk and his Tesla auto brand are in talks to launch their own music service. But why would they not just partner with Spotify or Apple Music?   Tesla is in serious talks with the major labels to launch their own streaming music service, reports Recode, and the automaker has confirmed the move: “We believe it’s important to have an ...

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Music Industry

Things We Learned From Austin Music Foundation’s DIY Musician Marketing Panel

Things We Learned From Austin Music Foundation’s DIY Musician Marketing Panel

Source: HypeBot

From the Austin Music Foundation's June DIY marketing panel, we learn some of the insights shared at the event regarding marketing tools and techniques available to artists seeking success in a rapidly shifting marketplace. Guest by Sarah of Wysidio On June 7th, the Austin Music Foundation hosted “Breaking Through the Noise: Digital Marketing for DIY Musicians” at one of our favorite venues in Austin: Empire Control Room. The panel was moderated by artist and podcast host, Johnny Goudie. He was joined ...

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Music Industry

The music community helps its own

The music community helps its own

Source: Ken Franckling's Jazz Notes

One of the latest instances involves West Coast bassist Marc van Wageningen. He and drummer David Garibaldi were injured severely on January 12 when struck by an Amtrak train while were walking to a Tower of Power performance at Yoshi’s in Oakland CA. Marc VW, a 30-year fixture on the Bay Area’s jazz, funk and Latin music scene, has been subbing in the funk band since 2002. He was the most seriously injured of the pair. He underwent surgery to ...

Music Industry

Royalty Exchange Adds $6.4 Million Funding, 3 Industry Veterans To Advisory Board

Royalty Exchange Adds $6.4 Million Funding, 3 Industry Veterans To Advisory Board

Source: HypeBot

Royalty Exchange, a digital marketplace for royalties, has secured $6.4 million in funding, as well as added three new industry veterans to its board of advisors. The company had been seeking to raise $3 million, but said it increased its offering due to demand.  Royalty Exchange provides a platform for rightsholders to sell a part of their royalty stream in an online auction. Artists are allowed to keep full control of their copyrights in the transactions and can still collect ...

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Music Industry

Streaming Shifting The Industry For Labels and Artists

Streaming Shifting The Industry For Labels and Artists

Source: HypeBot

SongCast’s Mike Wright explores how the culture of music consumption has shifted from one of 'ownership' of content, to one of on-demand enjoyment, and how this change is impacting the entire industry, and how labels and artists choose to distribute their music. Guest post by Mike Wright of SongCast We’ve seen the trajectory from tapes, to CD’s, to mp3’s to iPods, but now we’re moving into streaming, instead of simply “ownership” of the content, and listeners want on-demand enjoyment. The industry ...

Music Industry

Could Europe Be Set To Recalibrate The Digital Music Market?

Could Europe Be Set To Recalibrate The Digital Music Market?

Source: HypeBot

Respect for copyrights and music's “value gap" continue to be core issues for creators and the music industry. But Europe's competition commissioner Margrethe Vestager is taking steps to recalibrate the entire digital marketplace, and the indie sector can lead the charge, says Helen Smith, executive chair of European independent music trade group Impala. Guest post by Helen Smith, the Executive Chair of Impala Helen Smith- Executive Chair of IMPALA When we hear about the value gap, the discussion often focuses ...


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