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Kill The Record Industry
Kill The Record Industry / Save The Music
Curated by Pierre Priot
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Google Ventures leads $60m funding round for music firm Kobalt

Google Ventures leads $60m funding round for music firm Kobalt | Kill The Record Industry | Scoop.it
Backing for publishing and rights company as it tries to bridge gap between music industry and Silicon Valley – and get songwriters paid
Pierre Priot's insight:

Kobalt clearly plans to storm the publishing business the Google way: offer artists and labels the best rates ever until the competition is dead.

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LEAKED: MySpace's Master Plan To Raise $50 Million And Relaunch As A Spotify Killer

LEAKED: MySpace's Master Plan To Raise $50 Million And Relaunch As A Spotify Killer | Kill The Record Industry | Scoop.it
The parent company of MySpace is trying to raise $50 million in order to re-launch MySpace as a direct competitor to Spotify and Pandora in 2013.

 

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Josh Granese's curator insight, November 4, 2014 11:59 AM

VERY interesting. MySpace is making a comeback! The new social media site looks absolutely stunning and it definitely can blow Spotify and Pandora out of the water if it Re-Launches correctly! This is interesting to say because everyone ditched MySpace for Facebook a few years ago!

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Set.fm Raises $1.2M To Help Artists Make Money By Selling Instant Live Recordings | TechCrunch

Set.fm Raises $1.2M To Help Artists Make Money By Selling Instant Live Recordings | TechCrunch | Kill The Record Industry | Scoop.it
Anyone who's ever aspired to be a professional musician (my 12-year-old self included) knows that it's a tough lifestyle with little guarantee of financial security.
Pierre Priot's insight:

I remember the Pixies doing this 10 years ago on their reunion tour.

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Matthew Dorsky's curator insight, September 9, 2013 12:02 PM

Set.fm has created an app that allows artists to record their live performances and sell it seconds after the show has ended. Set.fm will take the recording from the soundboard, convert it into analog, then covert it into digital and metadata all in real time. 

 

Pro's: This allows a lot of indie bands that want to do it themselves bring in more income. It allows fans to instantly download the bands live performance seconds after the show has ended, as well as, support them. The indie bands don't have to pay for expensive equipment to record live performances.

 

Con's: The bands only gets a certain percentage of the income. People are starting to move away from studio recordings therefore making work for studios decline.