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Tax Break State Of Mind: New York Set To Offer Recording Companies Big Tax Credits
In a bit of good news for New York artists looking to save money, it seems the Empire State will soon be joining numerous others by offering companies which create music projects a sizable tax credit. Guest Post by Bobby Owsinski on Music 3.0 Everybody likes to save money and saving money on taxes is no ...
Twitter Invests $70 Million In Soundcloud
Two years ago, Twitter wanted to buy SoundCloud. Now it has settled for taking a $70 million stake in the music company as part of what appears to be a strategic partnership that could bring more audio to the social platform. Twitter has invested $70 million in SoundCloud, both companies have confirmed. The investment is part ...
Music Industry Is Not Ready For The Blockchain
Although the blockchain technology used for cryptocurrencies such as Bitcoin and Ethereum is often hailed as a potential savior for the music industry, getting the industry to embrace and integrate such technology may, as yet, not be feasible, says Bas Grasmayer. Guest Post by Bas Grasmayer The blockchain cannot solve the music industry’s problems, before the ...
Berklee Launches Ambitious Open Music Initiative, Majors Labels and Top Music Streamers Sign On
After a year filled with lawsuits and bad press over disputes resulting from the lack of a global music database, Berklee College Of Music's Institute for Creative Entrepreneurship has an announced an initiative to fix the problem. The efforts is so ambitious that it could be dismissed as just another academic exercise, if not for the fact that ...
Distributor Allegro Closes, Leaving 100s Of Indie Labels In Limbo
The latest victim of the rapid decline in music sales is indie distributor Allegro Media. It's sudden closure has left hundreds of independent labels with their product locked in a warehouse and no distribution. Music and video distributor Allegro has shut down unexpectedly, laying off employees and leaving dozens of independent labels in limbo. A source ...
Rhapsody / Napster Restructures, Laying Off Staff, Closing San Francisco Office
Rhapsody and Napster are reportedly closing their San Francisco office and laying off staff in a broad restructuring effort, as the company fights to find profitability in the increasingly competitive streaming music sector. Rhapsody is closing its long time San Francisco office and laying off staff, according to source with knowledge of the situation. The company's corporate ...
Pandora Learns From Spotify's Mistakes, Offers Fairer Terms For Songwiters, Publishers
If you think that streaming music treats musicians unfairly, take a look at how it affects songwriters. Pandora has taken a small but significant step towards righting that wrong. By Chris Castle of Music Tech Solutions Music industry licenses that require a music service to pay a royalty to a copyright owner have traditionally included what’s come to ...
Do Freemium Music Services Actually Offer Greater Revenue Per User Than Radio + Sales?
Many in the music industry seem to long for a simpler time when free ad-supported radio was used as a mechanism for selling records, but was the revenue from that model that much greater than the freemium streaming which we see today? Guest Post by David Touve on Rockonomic The purpose of this story is rather simple: ...
Indie Empresario Graham Stairs On The Music Industry, Great Songs And Staring A New Record Label
Here Odario Williams speaks with Graham Stairs about his new digital label imprint known as the Confidence Emperors, what it's place is in the industry, and what he looks for in a song. By Odario Williams Graham Stairs got his start in the business with Intrepid Records where, as their A&R rep, he was responsible for ...
AMA, Record Store Day Partner For Americana Music Month
Americana music is hard to define until you visit Nashville. There, an audience not vested in corporate country, has embraced artists as diverse as Jason Isbell, Lumineers, Darlingside and Ben Folds collectively known as Americana. The Americana Music Association and Record Store Day have announced a partnership to create Americana Music Month, which will take place throughout June 2016. ...
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