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Westside Joint Gives Unsigned Bands a Boost Breathes Life into Music
Just west of L.A.'s Miracle Mile, the restaurant/nightclub Life on Wilshire hosts a weekly Monday night showcase of mostly unsigned acts that's been slowly gathering steam over the past year and a half. Westsiders with a taste for live music who dread penetrating the rock-club bottleneck of the Strip, the alt-pop lounges of Silver Lake and ...
San Francisco Jazz Group Plans Its Own Building Dedicated to the Genre
SFJazz, the San Francisco arts organization, will announce plans on Friday to build its own facility dedicated to jazz: a 35,000-square-foot building in that city's Hayes Valley neighborhood, with two adaptable theater spaces inside. “The concept of an institution for jazz is a very new thing obviously, Jazz at Lincoln Center made that concept work," said ...
Nielson Offers More Proof of MySpace Decline, as Facebook and Twitter Soar
Compared to user activity on social networking sites last year, Facebook and Twitter posted gains of 69% and 45% respectively in the U.S. Globally, the total minutes spent on social networks monthly saw a more than 100% gain over the same time last year, driving the average time per person spent on social networks to over ...
ASCAP 2009 Revenues Jump $176m To $995m
ASCAP reported that in 2009 collections rose to $995 million for its 380,000 members paying out more than $863 million. That's up from $819 million in 2008 and $741 in 2007. Foreign revenue grew to nearly $302 million. “Music is performed more often, in more places, in more ways by more businesses than ever before. That ...
WMG Offers Mixed Financial Report, Digital Sales Up
In a report to investors this morning, Warner Music Group showed a loss for the quarter ending March 31st of $25 million or 17 cents a share. That's down significantly from the $68 million or 45 cents a share loss in the same quarter last year. Overall revenue fell 1.3% to $662 million with rising digital ...
Jazz Goes Silent at Ortlieb's Jazzhaus
It had been one of Philadelphia's cozy hideaways, the former lunchroom of a bygone brewery at Third near Poplar, where the jazz was cool and the food was hot for more than two decades. Ortlieb's Jazzhaus, the club with a tiny stage where the Philadelphia jazz elite played, closed Sunday night after 23 years. “It was ...
MusikPitch Responds to Complaints, Revises Terms
MusikPitch, which facilitates custom song commissions for film, TV and individuals, launched last week to a mini-storm of controversy over terms which required the writers of chosen songs to transfer ownership to the startup. One Hypebot reader called the terms and conditions, “blatantly predatory, preying on emerging artists". To their credit, MusikPitch responded ...
Quick Interview with We7 CEO Steve Purdham
On The Future Of we7 & Ad Supported Music Last week UK music streaming service we7 announced the first month where its on demand music was paid for in full by advertising. It was a milestone for BOTH We7 and for ad supported music which has struggled to find ad funded modes that are both profitable ...
MySpace Lost $150m in Last 3 Months
MySpace lost parent News Corp. $150 million for the quarter that ended March 31st compared with an $88 million loss a year earlier. The fall of MySpace was just one of the stories behind a mixed report to investors from the media giant. News Corp. earned $839 million in the fiscal third quarter. That's a 69% ...
MusikPitch Offers Lame Explanation of Terms That Grab Ownership from Songwriters
Last week MusikPitch launched an online marketplace for custom songwriting. Clients post their needs for songs along with a budget and songwriters submit tracks. But as some astute Hypebot readers discovered, the terms (see terms after the jump below) require songwriters to give up all ownership of the chosen songs to MusikPitch. So if your dream ...
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