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Moving Past Kickstarter: Equity Crowdfunding and the Jobs Act
Crowdfunding is this decade's new tool for helping Artists raise money to reach their goals - and it just got better. Kickstarter, IndieGoGo, RocketHub, and other Crowdfunding service companies are being used successfully by Artists to raise money for projects, but the average Kickstarter campaign raises about $4,500. (Hey, we can't all be Amanda Palmer and ...
Bach Goes Open-Source with a Little Help from Some Fans
Guest post by Eliot Van Buskirk of Evolver.fm. You have to hand it to good old J.S. Bach for the latest project taken up in his name: a successful campaign to open-source and app-ify one of his most beloved works, The Goldberg Variations. The Open Goldberg Variations project is a dream come true for Bach enthusiasts, ...
When iTunes Becomes Obsolete
Guest post by Bryan Kim (@freshbreakfast), Director of Business Development at Tracks.by. The following chart is sourced straight from the RIAA year end sales report. It is released every March, and it is the reason you read about the year-over-year triumphs of digital downloads in the face of plummeting CD sales. It is the reason everyone ...
Grammys Restore Latin Jazz Album Award, Add and Combine More Categories
One year after the Grammy's dropped 31 categories, they're making even more changes. After outcries and protests from the Latin music community the Grammys have reinstated the award for the best Latin jazz album. The Academy's annual Board of Trustees meeting last month also netted several new awards. Added are awards for “best urban contemporary album" ...
Streaming Music Will Change Culture for the Better. Here's How:
Guest post by Eliot Van Buskirk of Evolver.fm. Forget, for the moment, about how much Spotify pays out to artists. Focus instead on the nature of those payouts. In the olden days (i.e. 20 years ago), recording artists had to convince you to fall for their music once - just long enough to buy a CD. ...
Digital Music Prices: Is Cheaper Better?
If you visit Amazon's digital music store and browse the top albums chart one thing you might notice is how low the prices are. Almost every album is “on sale" in some way making it one of the cheapest places to buy digital music. On the other side, glancing at the iTunes top album charts you ...
How Music Streaming Services Could Help Artists, Fans, Labels, Charities and the Music Industry
Guest post by Benji Rogers (@benjikrogers), Founder & CEO of PledgeMusic. I'm not into streaming. I've never really made a secret of that, and as such it occurred to me that rather than simply bashing it and those who seek to profit from it, I should come up with a solution that would make it work ...
Vinyl Business Booming: Third Man Records, Independent Label Market, Origami Vinyl
One of the bright spots in music sales is the still growing love of vinyl. Events like Record Store Day fuel the boom as does the desire for tangibility in an age when digital media feels as cheap and insubstantial as tap water. Examples of the boom include the success of Jack White's Third Man Records, ...
Samsung's New Music Hub Takes On Spotify, Pandora, iTunes and iCloud
One year ago this week, we wrote about a company called mSpot and its quest to dethrone music service titans like Spotify, Pandora, and iTunes/iCloud by combining everything they all do into one unique package. Samsung acquired mSpot earlier this month, and already, we're seeing what the electronics giant has planned for its acquisition — you ...
Are Music Fans Craving Exclusivity?
Unless you've been hiding under a rock, you'll most likely be familiar with Amanda Palmer's impressive KickStarter campaign (she's raised over $750,000 through the crowd-funding platform). At risk of being 'one more to add to the list', I want to focus on what we can learn from her and what the success of her campaign suggests ...
