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Concord Music Acquires Savoy Label Group, 429 Records
Indie music powerhouse Concord Music continues its buying streak with this acquisition of the Savoy Label Group. Details of the deal were not disclosed. In June, Concord acquired music publisher Imagem at a record breaking price reported to be between $500 million and $600 million. The combined companies create the world's sixth largest music publishing company. ...
Metadata Explained And 7 Key Reasons Songwriters Should Manage It Themselves
Although the term is thrown around often as an issue which needs fixing in the music business, particularly where streaming is concerned, what it is and why it's important for songwriters to manage their own is often unclear. Here we work to explain those details. Guest post by Niclas Molinder of the Music Rights Awareness Foundation and Auddly ...
RIAA Releases State Of Music Business Mid-2017: Streaming Subscriptions Drive Revenue Growth
Amazingly enough, 2017 is halfway gone already which means it's time to take stock of the music industry as a whole, looking at where revenue has increased and how companies have been able to adapt to a rise in the popularity of streaming. Guest post by Cary Sherman, Chairman & CEO of the RIAA on Medium Today ...
Patreon Just Raised $60M, Now YouTube Is Gunning For It with Fan 'Sponsorships
Patreon announced yesterday that it had raised an additional $60 Million to expand its fan-to-creator patronage site. Now Google's YouTube is gunning for the startup, which has become a popular revenue tool for many of its creators, with it's own Patraon-like fan “sponsorship" tools. Based on old-school patronage, Patreon enables fans and sponsors to support musicians ...
All Streaming Music Services Gain After A Q1 Lull, But Rankings Remain Unchanged
YouTube is still the world's most popular streaming music service, according to tracking from the analysts at MIDiA. But Spotify is growing at such a clip that it might be able to close the gap. In fact, in the UK, Spotify surpassed YouTube for music among Gen Z's 16-19 year olds. Analysis From Mark Mulligan of ...
23 Top Music Organizations Sign Letter On NAFTA Talks Demanding Protections For All Creators
President Trump has forced the renegotiation of the North American Free Trade Agreement (NAFTA) with Canada and Mexico; and included in that negotiation are important copyright and intellectual property provisions. Recently, major tech groups lobbied U.S. Trade Rep. Robert Lighthizer as the “new faces of the American content industry.” Not so fast, say 23 top music organizations including the ...
Chatbots: Reality Or Hype?
Chatbots, also known simply as bots or interactive agents, are programs designed to mimic human conversation via text or audio. The implication of these programs for the music industry could be huge assuming that it isn't all just hype. Guest post by Moses Namara of The Message A chatbot is a computer program that is made to ...
Spotify is Beating Apple Music and Here Is Why
Of the two major front-runners in the steaming war, Spotify and Apple Music, the former appears to be beating out its competition on several fronts. Here we look at some of main reasons for Spotify's growing success over Apple, including its 'bundling' with Hulu. Guest post by Bobby Owsinski of Music 3.0 At around 65 million, Spotify has ...
How To Book Yourself A Gig... And Get Asked Back
Cultivating and growing a fanbase is by no means an easy task, and doing requires an ample amount of blood, sweat, and tears. Here we look at how to successfully book your first gig, and better yet get invited back to play again. Guest post by Rich Nardo of the TuneCore Blog [Editors Note: This blog was ...
Indie Rock Is Thriving On Pandora
The state of indie rock? Always up for debate. The state of indie rock at Pandora? Never been better, says the music streamer's Glenn Peoples, who took a deep dive into the data. By Glenn Peoples, Music Insights and Analytics at Pandora Lord Huron, a folky four-piece that weaves rural tradition into the skinny-jeaned sounds of ...
