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Broker Genius Raises $15M For Dynamic Ticket Pricing
New York based Broker Genius, developers of dynamic ticket pricing technology has secured a $15 million Series A round of funding from Boston-based growth equity firm Volition Capital. Broker Genius offers pricing automation technology in the live event secondary market. The travel industry uses similar technology to price flights and hotels rooms. To date, Broker Genius technology ...
How And Why To Make Your Band An LLC
The simplest kind of business entity, registering your band as an Limited Liability Corporation can offer a number of advantages, both when it comes to taxes and if your band should ever be sued. It's a litigious world out there, after all. Guest post by Peter Vaughan Shaving of CASH Music WHAT IS A LIMITED LIABILITY ...
Mixcloud Rethinks Online Radio For Listeners, Curators and Musicians
Nico Perez, co-founder of Mixcloud, joins co-hosts Michael Brandvold and Jay Gilbert on this week's Hypebot Music Biz Weekly podcast. They discuss how musicians can use Mixcloud to promote their music. Mixcloud is a digital audio streaming platform rethinking radio for listeners, curators, and brands alike. Mixcloud works to connect listeners with new music and ideas ...
Keynote Q&A With WME's Marc Geiger At This Year's IEBA Conference
Here we look at a recent Q&A with American music executive and co-founder of Lollapalooza Marc Geiger who shared his message on the importance of eliminating consumer frustration, and smoothing out the process of getting music into the hands of said consumers. Guest post from IEBA’s 47th Annual Conference in October of this year William Morris Endeavor's ...
Pandora's Loss Poised To Become Gain For Investor Sirius XM
Pandora is struggling on almost every level, from monthly average users to revenue. This week Wall Street punished the streamer's performance, more than halving its stock price in a single day. But Pandora's loss appears poised to become Sirius XM's gain, says MIDiA analyst Mark Mulligan. The successful satellite broadcaster invested $480 million in Pandora earlier ...
Monthly Growth For Key Streaming Services [CHART]
It's no secret that music streaming is exploding, with Spotify leading the way. But examining the month-to-month trajectory of that growth tells a more nuanced story. Can Apple Music ever catch Spotify, for example? And is it actually possible that Spotify free growth has slowed just enough and Spotify paid growth accelerated just enough, that Spotify ...
Radio's 'Main Studio' Rule, How It Affects Music and Why The Trump Administration Wants To Kill It
For years the FCC instituted a rule that any radio station needed to have a main studio accompanied by a full-time staff member during business hours. Formerly beneficial, this regulation has become an unnecessary burden in many respects, causing the FCC to vote for its elimination. Guest post by Bobby Owsinski of Music 3.0 In 1934 ...
Musical.ly and Live.ly Sold For $800M - $1B To China's Bytedance
Music video app Musical.ly and sister app Live.ly has been sold to Chinese media giant Bytedance. The deal is worth between $800 million and $1 billion, according to multiple sources. A division of Bytedance aquired Musical.ly rival Filpagram earlier this year. Hugely popular music video lip sync platform Musical.ly and its live streaming app Live.ly has ...
Musical.ly Just Sold For $800M, But Its Already Peaked, says Mark Mulligan
Musical.ly may have just sold for an eye-popping $800 million to $1 billion, but the app is already beyond its peak writes MIDiA analyst Mark Mulligan. The reason for the slump, says Mulligan, is that Musical.ly concentrated on building features and not products. By analyst Mark Mulligan of MIDiA and the Music Industry Blog News has ...
iHeartMedia Stock Tanks After $248M Quarterly Loss and 'Substantial Doubts' About Survival [UPDATED]
![iHeartMedia Stock Tanks After $248M Quarterly Loss and 'Substantial Doubts' About Survival [UPDATED]](https://s3.amazonaws.com/allaboutjazz/photos/news/iheartradio200.png)
iHeartMedia Inc., the largest operator of commercial radio stations in the US, once again disclosed that it has “going concern" about its viability as a company going forward. In its most recent financial filing with the SEC, iHeartMedia warned investors that it was in dire financial straits and noted that “there is substantial doubt as to ...
