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Monthly Growth For Key Streaming Services [CHART]
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It's no secret that music streaming is exploding, with Spotify leading the way. But examining the month-to-month trajectory of that growth tells a more nuanced story. Can Apple Music ever catch Spotify, for example? And is it actually possible that Spotify free growth has slowed just enough and Spotify paid growth accelerated just enough, that Spotify ...
Musical.ly and Live.ly Sold For $800M - $1B To China's Bytedance
Music video app Musical.ly and sister app Live.ly has been sold to Chinese media giant Bytedance. The deal is worth between $800 million and $1 billion, according to multiple sources. A division of Bytedance aquired Musical.ly rival Filpagram earlier this year. Hugely popular music video lip sync platform Musical.ly and its live streaming app Live.ly has ...
Musical.ly Just Sold For $800M, But Its Already Peaked, says Mark Mulligan
Musical.ly may have just sold for an eye-popping $800 million to $1 billion, but the app is already beyond its peak writes MIDiA analyst Mark Mulligan. The reason for the slump, says Mulligan, is that Musical.ly concentrated on building features and not products. By analyst Mark Mulligan of MIDiA and the Music Industry Blog News has ...
iHeartMedia Stock Tanks After $248M Quarterly Loss and 'Substantial Doubts' About Survival [UPDATED]
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iHeartMedia Inc., the largest operator of commercial radio stations in the US, once again disclosed that it has “going concern" about its viability as a company going forward. In its most recent financial filing with the SEC, iHeartMedia warned investors that it was in dire financial straits and noted that “there is substantial doubt as to ...
Why Songwriters Must Pay Attention To A Trump Tax Reform Plan
In 2006, congress reclassified songwriters income from the sale of a catalog as “capital gains" as opposed to ordinary income, giving artists an important tax break. Under the newly proposed tax reform bill, however, artists are at risk of losing this big break. Guest post from Royalty Exchange Songwriters came dangerously close to losing a key ...
Founding Member Of Jefferson Starship's Lawsuit Over Name Continues
A federal judge Tuesday refused to dismiss a lawsuit from Jefferson Starship’s former lead guitarist, who wants the group to stop using the rock band’s famous name. U.S. Magistrate Judge Maria Elena James denied a motion to dismiss Craig Chaquico’s second amended complaint. Chaquico sued his former bandmates David Freiberg and Donny Baldwin in April, claiming they are ...
Goliath Never Learns: Google Yanks True Parody By Content Creators Coalition
While people are quick to call foul when YouTube issues take-downs on what the creators think are parodies, the video sharing site recently removed a true parody from the creatives at C3, calling out YouTube for its failure to properly compensate artists. Guest post by Chris Castle of Music Technology Policy If you’ve ever heard some ...
Milt Buckner: Locked Hands
Yesterday I posted on Go Power!, saxophonist Illinois Jacquet's 1966 album with Milt Buckner on organ and Alan Dawson on drums. In the post, I mentioned that Buckner had created the locked-hands technique on the piano keyboard. Unleashing this difficult approach requires that both hands play the same chords with the song's melody note up on ...
Who Needs Shazam? Google Assistant App Adds Song Recognition
Google has added song recognition to its Google Assistant app across all platforms. Ask Google Assistant “what song is this?” or “what song is playing?,” and it shows the song's name, the artist, lyrics, and links to YouTube, Google Play Music and Spotify. Move over Shazam... Music recognition had previously come to Google's Pixel 1 and Pixel ...
Unbundled: Shifting the Paradigm
The unbundling, whether as single album tracks on iTunes or the distribution and marketing that once only a record label could do, has affected every corner of the music and the music industry. But a new music paradigm is rising out of the wreckage of unbundling, writes Alex Marx. By Alex Marx This is a continuation ...
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