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Sources: Yahoo Music is Now Being Dismantled...
As the dust settles on a massive layoff round at Yahoo, there's this: it now appears that Yahoo Music was a major part of the downsizing, according to sources dislcosing information to Digital Music News. Yahoo representatives declined to share any details beyond its top-level, 2,000+ layoff round completed this week, though one informed source pointed ...
Still Think Streams Are Killing Downloads? Think Again...
Spotify payments are ridiculously bad for artists, but are Spotify streams killing iTunes downloads? That probably depends on the artist in question, and in many cases the answer is yes. But on the aggregate, the early answer seems to be that both formats are rising—and paid downloads aren't getting cannibalized one bit. Here's a look at ...
Pandora's Choking on Advertising. and It's Getting Worse...
Internet radio keeps surging; it appeals to more people now than ever before in history. And one of the biggest beneficiaries (and drivers) of this growth has been Pandora, whose active listener base nearly doubles every year. Yet Pandora is still profitless, still boxed out of Britain, and a dog on Wall Street. So what's wrong ...
Sales Of Vinyl 45s Grew 99.6 Percent In 2011...
Vinyl is officially booming, but this retro explosion is going beyond full-length LPs. According to data just released by the RIAA, US-based sales of 45s - categorized as 'vinyl singles' - surged 99.6 percent in 2011. This is based on the retail price of units shipped, which means this only counts new stuff - and not ...
I'm a Jazz Bandleader. and This is a Breakdown of Every Dollar I Make...
This accomplished jazz musician also composes, plays as a sideman in other jazz ensembles, and makes two-thirds of his income from touring. Almost every other dollar comes from grants and label advances, with tiny contributions coming from record sales, publishing, and other sources. This isn't every jazz bandleader and composer, but it is a profile of ...
Collectively, the Major Labels Still License 80% of Downloads Sold in America...
That's according to the fairly massive legal team representing the Temptations, who are now suing Universal Music Group in federal court. The group is filing against UMG over a number of royalty concerns, and part of a growing class action lawsuit sparked by Eminem's publishing group, F.B.T. Productions. “It is estimated that the licensing of master ...
'Digital Music Created the Resurgence in Vinyl...'
What's really causing the sudden rebound in vinyl? The easy answer is that fans just want something tangible, a physical memento that isn't iTunes or Spotify. But the more you dig into the vinyl resurgence, the harder it becomes to separate it from everything that's happening in digital. In fact, the incredible access and discovery that ...
More Than Half of All Artists Are Juggling 3 or More Roles...
Musicians are musicians because they play music, not because they love accounting or managing Facebook pages. But in the current climate, artists are now forced to play more roles than ever—and their art is often suffering as a result. According to survey information just shared at SXSW by the Future of Music Coalition (FMC), more than ...
Why Your Company Isn't Hiring Great People...
If you're working in music, you're working in a highly unstable, quickly-shifting industry with tremendous risk and uncertainty. Which is absolutely awesome except for people that like to punch the clock. But if we can all agree that great people are required for any great organization, why are we constantly hiring bad or simply adequate people? ...
Study: Consumers Overwhelmingly Prefer Ownership Because of The 'Security'
The simple version is that physical is going digital, and digital is going towards access. The real version, however, seems to be infinitely more complicated. According to a UK-based study just presented by eMusic and the Association of Independent Music (AIM) this morning, a massive 80 percent of British consumers still buy physical stuff like CDs ...
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