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The Real Costs of Music Publishing
Let’s talk about running a music publishing company. Whether you are just starting, or operating a publisher as we speak, it is important to know when and why to spend money. Here are some estimates of what it takes to start and operate your own music publisher: *Includes health benefits **maintenance and hosting fees ***Yearly retainer, ...
As Snapchat Stock Continues To Soar Friday (↑12%), Will Music Be Its Killer App?
Snapchat stock [NYSE: SNAP] opened Friday at $26.25, up 54% from its initial $17 IPO price on Thursday. By 10:30 AM ET Friday, the stock was up another 12% to $27.41. Now it is up to this soaring startup to prove it's not the next MySpace or Twitter. Could music be point differentiation that justifies Snapchat's valuation ...
From Austin To Memphis: What It Takes To Build A Music-Tech City In 2017 [Cherie Hu]
In this piece Cherie Hu explores the complexities of bridging the gap between tech and music in cities, whether the two camps might be able to collaborate productively, and how such a collaboration might be affected by a city's socio-economic position. Guest Post by Cherie Hu on Forbes Silicon Valley for music. Even today, this phrase ...
Recorded Music Revenues Up $1.1 Billion In 2016
While A2IM CEO Richard James Burgess rightly pointed out that independent labels are undervalued in many studies, it is undeniable that 2016 was a year of strong growth for the entire music industry. Driven largely by streaming revenue, recorded music saw a $1.1 billion bump last past year. Guest post by Mark Mulligan of MIDiA and the Music Industry ...
Spotify Preps Launch Of Hi-FI Music Tier
Hi- Fi, Hi-Rez or Lossless. Whatever you want to call it, higher quality music streaming offers a new revenue opportunity for both streamers and rightholders. A new public test signals that Spotify is about to join Tidal in offering a premium hi-fi music tier. Spotify is openly testing a lossless streaming option. Currently called Spotify Hi-FI, ...
How To Get Press Coverage For Your Band - Pro Tips For Writing Promo Emails
Getting good press coverage for your band often requires crafting the perfect promo email. Here we look at what the necessary components of a great promo email are, depending on the needs of both the sender and the recipient. Guest Post by Kira Grunenberg on Soundfly's Flypaper What defines a great promo email? And what does ...
What The Music Industry Can Learn From The Gaming Industry
Here Bas Grasmayer explores the unprecedented growth of gamer personalities, the business models they use, and what the music industry can do to learn and directly benefit from the gaming industry and it's marketing tactics. Guest Post by Bas Grasmayer on Synchblog The gaming industry counts as many differences from the music business as it counts similarities. ...
Sound United (Polk Audio) Acquires D+M (Denon, Boston Acoustics)
Two of the biggest names in consumer audio Sound United, parent company to Polk Audio, Definitive Technology and Polk BOOM has acquired the D+M Group, owner of the Denon, HEOS by Denon, Marantz and Boston Acoustics brands. The D+M Group is the largest supplier of audio/video receivers worldwide and a leader in wireless multi-room audio. Sound ...
Sunrise Music Saves 70 HMV Records Stores
Indie music retailer Sunrise Records announced that they will take over 70 of HMV's brick and mortar retail locations across Canada. The acquisition will significantly expand Sunrise's footprint in Canada. Previously, the music retailer operated nine brick and mortar locations around Ontario. As a part of their strategy, Sunrise will expand each shop's stock of compact ...
Dart Music Files For Bankruptcy
Dart Music promised to fix music's metadata problem; first with classical music and then all genres. But after raising $1.5 million, the promising startup has filed for bankruptcy. Dart Music has filed for bankruptcy in its home state of Tennessee. In a press release, the company said it will continue to operate during Chapter 11. But ...
