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Pandora Weighs Sale
Pandora, the largest internet radio service in the U.S., has conducted preliminary negotiations with an eye towards selling the company. According to the New York Times, Pandora is working with financial services company Morgan Stanley to meet with potential buyers. Sources told The Times that the talks were in the preliminary stages and may not lead ...
Google's YouTube Acquires BandPage For $8 Million
Consolidation within the music tech space continued today, with Google owned YouTube acquiring BandPage, one of the original and most popular direct to fan platforms, for a reported $8 million. BandPage has been acquired by Google owned YouTube for a reported $8 million. That's far less than the $27.6 million raised by the startup since launching ...
David Bowie's Legacy On Copyright: Did He See The Future?
While all of David Bowie's predictions about copyright- like its no longer existing- may not have been one hundred percent accurate, he was correct about the panic the copyright industry would experience, causing them to enact policy which is now hurting, rather than incentivizing, the creative economy. Guest Post by Mike Godwin and Zach Graves on ...
Digital Resale And The Restoration Of Value To The Creative Process
This article examines the detrimental fallout from the landmark case of Capitol Records, LLC v. ReDigi, Inc, how it created a music economy where the resale value of digital music is effectively zero, and how blockchain technology might be able to alter consumer behavior to better benefit artists. Guest Post by Bryce Weiner on Zapchain Imagine you ...
Philadelphia Councilman Scraps Live Music Bill Following Outcry From Music Community
In a recent victory for Philadelphia's live music scene, city councilman Mark Squilla has opted to withdraw his bill giving local police the opportunity to veto live performances. The decision comes following strong opposition from the community, although the question remains why he attempted to push the bill through in the first place. Guest Post by Nicole Daley on Future ...
Is Songkick Struggling Or Just Shifting Gears?
As the touring industry gathers in San Francisco for Pollstar Live!, a series of recent changes in the executive suit at Songkick are raising eyebrows. In recent weeks, Songkick Co-CEO Ian Hogarth moved to Chairman leaving Matt Jones as sole CEO; alongside two major staff exits. VP of Industry Relations Greg Schmaele and Jessica Henig, head of Artist ...
Kickstarter Passes 100,000 Funded Projects, 22% Of Them Were Music
Despite the growth of music-centered fan funding platforms like PledgeMusic, Kickstarter is still very popular with many musicians. The company announced this week that it has past 100,000 successfully funded projects and released stats that show how musicians are using Kickstarter. Music On Kickstarter By The Numbers Number of successfully funded Music projects — the category with the ...
As Twitter Tumbles, Rumors Of A Switch To Algorithm Based Feeds Are False
Twitter stock tumbled yesterday after the company reported slower user growth. This came after a week of consternation among Twitter users after a rumor began to circulate that the service would be switching a Facebookesque newsfeed, where user only see posts deemed popular or relevant to their interests. Guest Post by Bobby Owsinski on Music 3.0 Twitter ...
Is Twitter Still Relevant?
As its stock flutters dramatically downwards, and bickering musicians use the platform as a space to air their grievances, there is some question as to how artists' relationship with Twitter - and indeed Twitter itself- will evolve moving forward. Guest Post by Jesse Kirshbaum There is so much speculation about Twitter right now. Their stock is down 35% this year ...
SoundCloud Reports $56.5M Loss, Faces "Material Uncertainties"
This is the year that SoundCloud has promised to launch a paid music service and start paying more to the artists that create the music that draw millions of listeners to the service. But first it has to survive growing multi-million dollar losses. SoundCloud lost $56.5 million in 2014 according to new UK filings. The loss ...
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