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News: Music Industry

Jimi Hendrix Stamp Dedicated at SXSW Hendrix Celebration Concert

Jimi Hendrix Stamp Dedicated at SXSW Hendrix Celebration Concert

The US Postal Service introduced a Jimi Hendrix Forever stamp at SXSW last week which will be followed later this year by a Janis Joplin stamp. They're both part of the USPS's Music Icons series which launched last year. At SXSW the new stamp was dedicated at the Jimi Hendrix Celebration concert featuring such guitarists as ...

News: Music Industry

Breaking Bad Music Supervisor: Inside the Wonderful [and Corporate] World of Sync

Breaking Bad Music Supervisor: Inside the Wonderful [and Corporate] World of Sync

Thomas Golubic, the music supervisor behind Breaking Bad, Six Feet Under, The Killing and The Walking Dead has an insider view of the world of music sync, and its not always pretty. “These are big corporations,” Golubis, interviewed by Music Week at AIM’s recent Sync Conference, says of music budgets. “Some of the companies you deal with are ...

News: Music Industry

Positive Changes in Chinese Music Industry Happening Behind the Scenes

Positive Changes in Chinese Music Industry Happening Behind the Scenes

This is an excerpt from China music market specialist Ed Peto's article on the China Music Business site. It originally ran as a feature in the March 5th edition of the Music Ally report. In March 2013, Gao Xiaosong – a famous Chinese music composer, producer and TV talent judge – announced that on 1st July ...

News: Music Industry

Neil Young's Pono Kickstarter Campaign Passes $1.3 Million in One Day

Neil Young's Pono Kickstarter Campaign Passes $1.3 Million in One Day

Neil Young's campaign to fund high quality music player and download store Pono went live on Kickstarter on Tuesday.  By the next morning it had surpasses it's $800,000 goal, raising $1.35 million in 24 hours. Pono will play FLAC files with bit rates up to 9216 kbps, and the campaign has pledge levels ranging from $5 to $5000. A $200 ...

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News: Music Industry

Rdio to Exit Echo Nest After Spotify Acquisition, New Data Competitors Emerge

Rdio to Exit Echo Nest After Spotify Acquisition, New Data Competitors Emerge

Streaming music service Rdio will stop using the music intelligence services of The Echo Nest since it has been acquired by Spotify. Sharing data with its competitor was the primary reason cited for the move by Rdio CEO Anthony Bay in an interview on CNBC.   “As far as we are concerned, they were a good ...

News: Music Industry

Michael Dell Takes $25 Million Stake in Kobalt Music

Michael Dell Takes $25 Million Stake in Kobalt Music

(UPDATED) Computer titan Michael Dell’s private investment firm, MSD Capital, has taken a 9.9% stake in music publisher Kobalt. Kobalt has been a leader in using new technologies to collect new and far flung royalty streams. MSD reportedly paid about $25 million for the stake, sources tell the WSJ.  The full press release: NEW YORK, LOS ...

News: Music Industry

Spotify Paid $100 Million for the Echo Nest Plus Industry Reactions

Spotify Paid $100 Million for the Echo Nest Plus Industry Reactions

Spotify paid $100-$125 million to acquire The Echo Nest with up to 90% of the figure being equity in Spotify, sources tell TechCrunch. Based on the higher valuation, sources peg $15 million split between founders Brian Whitman and Tristan Jehan, and CEO Jim Lucchese, $20 million for employee cash earn outs over 4 years for 70 others ...

News: Music Industry

Spotify Acquires the Echo Nest, Music Data Provider for Rdio, iHeart Radio and More

Spotify Acquires the Echo Nest, Music Data Provider for Rdio, iHeart Radio and More

Spotify is acquiring music intelligence provider, The Echo Nest. The music streamer says that the deal allows them “leverage The Echo Nest’s in depth musical understanding and tools for curation." But The Echo Nest already feeds music data to Spotify along with Rdio, iHeart Radio and many other competitors who are likely a bit nervous today ...

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News: Music Industry

The Lead Sheet: Twin Cities Live Jazz, March 7-13

The Lead Sheet: Twin Cities Live Jazz, March 7-13

A fast-rising star, an internationally renowned veteran, a young lion...not a bad start to another week of jazz in the Twin Cities. Add to that a significant up-turn in our weather and Joy Spring is in the air! Big Gigs This Week Friday, March 7. Parma continues its Friday night vocal jazz series with one of ...

News: Music Industry

Big Bands: Direct to Disc

Big Bands: Direct to Disc

If you remember the 1970s, you probably recall a time when audio equipment mattered. In fact, many of us still call our iTunes systems “stereos." I grew up in the 1960s, when 45s ruled. By the late 1960s, with the release of the Beatles' Sgt. Pepper and rise of FM radio, albums were more engaging because ...


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