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Pandora, Spotify And The Future Of Freemium
Although not long ago it was everyone's favorite business model, the growth of freemium based services like Pandora has slowed, causing its financial backers to lose faith, and call into question the viability of freemium in general. By Mark Mulligan of the Music Industry Blog Earlier this week Soundcloud’s financials revealed that the company was hemorrhaging cash (even before ...
Pandora Weighs Sale
Pandora, the largest internet radio service in the U.S., has conducted preliminary negotiations with an eye towards selling the company. According to the New York Times, Pandora is working with financial services company Morgan Stanley to meet with potential buyers. Sources told The Times that the talks were in the preliminary stages and may not lead ...
Twitter Lost 2 Million Users Last Quarter
Twitter reported another gloomy quarter last week; narrowing losses, but shedding 2 million customers with no turn to profitability in sight. 2015 fourth quarter sales were up by 48% to $710 million over the same period in the previous year- a record quarter for the company, and a strong showing for their advertising model. Driven by ...
Back Catalog Sales Overtake New Releases
A recent review of music sales has revealed 2015 to be the first year where back catalog sales (18 months +) exceeded those of new releases, even with the launch of big name titles like Adele's 25. Guest Post by Kevin Cornell on the TuneCore Blog Every year since people have been reading and writing blogs, January has ...
Google's YouTube Acquires BandPage For $8 Million
Consolidation within the music tech space continued today, with Google owned YouTube acquiring BandPage, one of the original and most popular direct to fan platforms, for a reported $8 million. BandPage has been acquired by Google owned YouTube for a reported $8 million. That's far less than the $27.6 million raised by the startup since launching ...
David Bowie's Legacy On Copyright: Did He See The Future?
While all of David Bowie's predictions about copyright- like its no longer existing- may not have been one hundred percent accurate, he was correct about the panic the copyright industry would experience, causing them to enact policy which is now hurting, rather than incentivizing, the creative economy. Guest Post by Mike Godwin and Zach Graves on ...
Digital Resale And The Restoration Of Value To The Creative Process
This article examines the detrimental fallout from the landmark case of Capitol Records, LLC v. ReDigi, Inc, how it created a music economy where the resale value of digital music is effectively zero, and how blockchain technology might be able to alter consumer behavior to better benefit artists. Guest Post by Bryce Weiner on Zapchain Imagine you ...
Philadelphia Councilman Scraps Live Music Bill Following Outcry From Music Community
In a recent victory for Philadelphia's live music scene, city councilman Mark Squilla has opted to withdraw his bill giving local police the opportunity to veto live performances. The decision comes following strong opposition from the community, although the question remains why he attempted to push the bill through in the first place. Guest Post by Nicole Daley on Future ...
7 Tools And Techniques To Improve Your Music Career
For artists trying to step up their game in 2016, here are seven different tech tools and techniques that will help to take your music career to the next level, and make your life easier in the process. Guest Post by Angela Mastrogiacomo on the Sonicbids Blog 2016 is said to be the year of the monkey ...
Having A Successful YouTube Strategy, Without Official Music Videos
Packaging music for release on something that's specifically designed for video may seem difficult without a fully fledged music video, but by following three fairly basic steps through the process, an artist can easily make YouTube a successful launching platform. Guest Post by Nathan Day on The Orchard on The Daily Rind YouTube has become the most accessible resource for ...
