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Dart Music Files For Bankruptcy
Dart Music promised to fix music's metadata problem; first with classical music and then all genres. But after raising $1.5 million, the promising startup has filed for bankruptcy. Dart Music has filed for bankruptcy in its home state of Tennessee. In a press release, the company said it will continue to operate during Chapter 11. But ...
Music Investment Act Making Georgia Appealing To Musicians
What a peach. A state that seems to have a firm grasp on the value of entertainment, Georgia is about to pass the Music Investment Act, intended to make the state more financially appealing for artists both to outsiders and those native to the state. Guest Post by Bobby Owsinski on Music 3.0 There are some ...
SoundCloud Adds Robust $4.99 On Demand Streaming Plan, But Many Artists Remain Unpaid
SoundCloud has added a $4.99 per month 120 million track on demand streaming subscription tier that includes most of the features- but not all of the tracks- that it and competitors charge $9.99 for. SoundCloud Go today added a mid-priced subscription plan that takes its free ad-supported on demand 120 million track service offline and ...
Stagelink Expands To US Backed By Seven Figure Investment
German based event crowdsourcing platform Stagelink has expanded to the U.S. after concluding a seven-digit seed financing. Using Stagelink, musicians and other creators uncover fan demand for potential live appearances to produce successful, risk-free events and tours. Stagelink will open its first U.S. office in Santa Monica, California. “Coming to the U.S. is an important step for Stagelink’s ...
Trump Administration Seeks To Cut Or Privatize All Arts Funding
In an alleged effort to reduce spending by the government, the Trump administration recently drafted a budget which would lop off funding for the National Endowment for the Arts, National Endowment for the Humanities, and the Corporation for Public Broadcasting. Guest post by Taylor Mims on Amplify In an attempt to reduce government spending, the Trump ...
YouTube Unleashes Power Of Live Streaming
In addition to its new 'Super Chat' feature, YouTube is also seeing a rise in the success live streaming video, although this has been a part of YouTube since 2011 the popularity of such content on Facebook, and the ability to monetize it means YouTube stands to gain greatly from pushing live streaming to the forefront. ...
Congress Preps To Gut Net Neutrality With Bills Pretending To Save It
The Trump administration and its new FCC boss have made clear their intentions to completely trash net neutrality protections, but the threat of backlash and the complications of rolling back such regulations means they'll likely try and and take a lazier, sneakier route towards undoing things. Guest Post by Karl Bode on Techdirt As we've noted ...
Pandora Makes The Case For Building A Full Stack Streaming Music Company
Songkick's Ian Hogworth apparently coined the term, but I first heard about “full stack" music companies during a webinar that PledgeMusic and DotBlockchain co-founder Benji Rogers gave for BerkleeOnline. He was referring to the rollup of PledgeMusic, Noisetrade and Set.fm into a multi-faceted artist services company. Now, Pandora's Glenn People's makes the case that their acquisition of ...
Four Companies Could Buy Spotify And None Are U.S. Based, Says Mark Mulligan
According to multiple reports, Spotify will delay its IPO until at least 2018. That's an expensive choice, thanks to a $1 billion loan with an escalating interest rate. But there may be another reason that Spotify is taking its time. A buyer could swoop into save the rapidly growing but very unprofitable company; and that buyer ...
Spotify Adds 1,000 Jobs In NYC, Will Move To World Trade Center Thanks To $11M In State Incentives
To think that Spotify has inadvertently (we hope) helped President Trump “make America great again"... The Stockholm-based music streamer announced today that it would be adding 1,000 jobs in the U.S. over the next two years. Of course, there were also those $11 million in New York rent incentives that helped make the deal possible. New ...
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