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Full Text of Mel Karmazin Letter to Staff on His Exit as Sirius XM CEO
Outspoken Sirius XM Radio CEO Mel Karmazin will step down on Feb. 1, 2013, after his contract expires, according to an official release by the company. The satellite broadcaster's board has formed a search committee to consider both internal and external candidates to replace him. Here is the full text of Karmazin's email to staff: Dear ...
Monkeybars Music Ecommerce Platform Splits Sales Between Artists and Fans
Monkeybars today announced their official launch out of beta as a music ecommerce platform that rewards both artists and fans for their efforts. Musicians sell music and videos from the site and fans who buy content are then rewarded when social shares lead to sells. 100% of content proceeds go to musicians and fans. It's an ...
Concert Window Creates Live Streaming Concert Network
By Wren Leader of Evolver.fm. A couple Sundays ago, my girlfriend and I, Wren Leader, traveled to Berkeley, California to see one of my favorite bands, The Bobs, play at the Freight & Salvage, a coffeehouse music hall. These masters of comedic but heartfelt a cappella were in true form — world-class professional musicians combining the ...
The Future of Music Charts
“In recent years, Billboard has increased the number of charts it publishes, as well as their feature density." I. Status Quo When you look at the Billboard charts, it's hard to find a focus. Since the major redesign of Billboard.com in 2009, few things have changed about the design of the charts, but numerous features have been added. You can ...
Why Music Startups and Ad Networks Suffer from "Flavor of the Month Syndrome"
Last week, I was out in Indiana, chatting it up with one of music's respected tastemakers. I had just presented Earbits to several local business leaders, talking about the potential of our platform to become a streaming service of scale. Said tastemaker, a well-known blogger and host of his own show on Sirius, told me that ...
Michael Simon to Head Harry Fox Agency
Michael S. Simon has been promoted to President and CEO for rights management, royalty and licensing company, The Harry Fox Agency. Simon has been with HFA for more than 11 years, serving in a variety of roles, including Senior Vice President of Business Affairs, General Counsel and Chief Strategic Officer. Prior to joining HFA, Simon was ...
File-Sharers Buy 30% More Music Than Non-Sharers [Study]
While intuitively it makes sense to believe that music pirates are largely out to hoard large collections of free content, a comprehensive new study reveals that file-sharers in the United States tend to purchase more music than non-file-sharers. The findings come from a new report entitled “Copy Culture in the USA and Germany," conducted by The ...
"Data is the New Hustle" - Is the Music Business Getting Any Fairer?
During last Tuesday's SF MusicTech Summit, I had the privilege of moderating a panel alongside several top minds within music and technology, where a short, yet powerful quote was said that resonated deeply with myself and several members of the audience. “Data is the new hustle," pronounced BitTorrent's Executive Director of Marketing Matt Mason. The traditional ...
Live Streaming Boosts Music Festival Boom
American music festivals are in a strong growth phase and that includes free live streaming broadcasts of festival performances. With festivals selling out there's a larger audience interested in checking in on favorite acts or special events. As these audiences grow the potential for advertising revenue from live streaming grows as well. 2012 has been a ...
8 Questions All Music Startups Must Answer
As part of SF MusicTech week, NARM and DigitalMusic.org held their Music Startup Academy from the Rdio offices in downtown San Francisco last week. The room was filled with entrepreneurs and developers looking to educate themselves on what it really takes to develop a digital music product. For many (including myself), it was a crash course ...
