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Why Music Keeps Us Coming Back for More
"Music itself can be identified as a language. Every language has structure, each with a set of grammatical rules put into place for correct communication. Yet beyond structure music also has the ability to create feelings and emotions without a verbal context. Music, like words, has the ability to make us cry, enlighten and transcend us. ...
Facebook Updates Artist Pages
Facebook has updated artist pages. The layout is different. The tabs are removed. Users can now “Login as Page" and interact with Facebook. For instance, I can now visit the TED Page and comment on their wall as Hypebot. Or I could “Like" a status update. Pages cannot, however, post on a user's wall or on his ...
The Perils of Music Industry Criticism
Wesley Verhoeve of Family Records was kind enough to remind me via Twitter that if you say bad things about the major labels often enough, it's important to balance out your criticism with some solutions. Well, Mr. Verhoeve I'm working on it. For the last couple weekends, I've dedicated my writing and time to figuring out ...
Pandora Files for IPO as It Nears Profitability
Pandora announced on Friday that it has filed Form S-1 with the U.S. Securities and Exchange Commission as the first step towards an initial public offering of stock. Pandora has a commanding 50% share of all internet radio listening time among the top 20 stations and networks in the U.S. according to Ando Media. According to ...
Slacker Raises $3 Million, Preps on-Demand Launch
Slacker has raised $3 million in debt funding according to a SEC filing. This adds to the growing number of music startups that have gained additional funds in 2011. While Slacker is known more commonly as a rival to Pandora in the coming months, they will be taking MOG, Rdio, Rhapsody, and Thumbplay Music head-on in ...
PayPal Goes Live with Micropayments: Sell Digital Tracks Direct and Keep More $'s
An inability to profitably process small transactions has been a major impediment to growth in direct to fan digital music sales. A 99 cent track on iTunes nets an artist or label about 65 cents. Often a distributor takes another 10㬕% diluting the profit further to under 60 cents. Additionally, who bought the track and other ...
Tired of Being "Held to Ransom by Apple" - Could Sony Pull It's Track from iTunes?
Statements this from a senior Sony executive hint that the end game for its new Music Unlimited service may not be just to compete with iTunes, but rather to replace it. Late last year, Sony unveiled its online store and music service in Europe and promises to bring it to many more countries in 2011. Music ...
An Uncommon Career as a D.I.Y. Musician
In 2005, Josh Phoenix, 25, sold cell phones by day and retreated to his home studio by night. This is a situation that many D.I.Y. musicians find themselves in. They have an unsexy job that pays the bills and when they return home, they create music they love. Fast forward to today and Phoenix finds himself ...
Pledgemusic Starts "Record Label" and "Signs" Band - So What Does That Mean? [interview]
Back in December, PledgeMusic, a fan-funding site, launched their own record label and publishing division and signed the indie rock group The Damnwells. Once the news broke, many questions arose. What does it mean to start a “record label" and “sign" a band? To answer these questions, I spoke with Alex Dezen, a member of The Damnwells. Benji Rogers, the ...
Rich Venture Capitalist Converted into Music Pirate
Fred Wilson, a predominate venture capitalist and blogger, converted into a music pirate the other day. This is someone who is extremely well off and, by his own admission, spends upwards of $2,000 a year on music in his family. And yet, Wilson found himself pirating the latest Streets album from the Internet: “searched the Internet ...
