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SoundExchange Quarterly Payout Hits $122.5 Million, Largest Ever - hypebot

SoundExchange Quarterly Payout Hits $122.5 Million, Largest Ever - hypebot | Music Industry | Scoop.it
Amidst a growing battle over digital broadcast royalty rates, SoundExchange today fired the most powerful gun in it's arsenal: the largest quarterly payments from non-interactive digital music services to artists and labels ever.

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Back in the groove - FT.com

Back in the groove - FT.com | Music Industry | Scoop.it
If you are a music-lover of a certain age, and it is the age of people who run the world, this is how a typical conversation about your abiding passion goes: you first of all lament the witless banality of reality shows, the ubiquity of Simon Cowell,...
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Digital Music News - I'm a Music Industry CEO. And This Is Why I Tossed Your Resume Into the Trash...

Digital Music News - I'm a Music Industry CEO. And This Is Why I Tossed Your Resume Into the Trash... | Music Industry | Scoop.it
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Beyond the Music: How Artists Create Communities

Beyond the Music: How Artists Create Communities | Music Industry | Scoop.it
By Richard Pulvino | @rpulvino
The word “community” is thrown around too loosely these days. Social media marketers work to convince fans that following an artist or band on Facebook or Twitter...
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Crowd Patronage: Can A 400 Year Old Model Save The Music Industry? - hypebot

Crowd Patronage: Can A 400 Year Old Model Save The Music Industry? - hypebot | Music Industry | Scoop.it
By Bryan Kim (@freshbreakfast), Director of Business Development at Hipset from his personal blog. “A lot of people in our industry haven’t had very diverse experiences.
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How Spotify Changed Music

How Spotify Changed Music | Music Industry | Scoop.it
Guest post by Kyle Bylin of sidewinder.fm, a music and tech think tank.

 

As Spotify moves from the fringes of the tech crowd to the mainstream market, it’s worth reflecting on how the online music service has changed the way many of us listen to music.

Not long ago, we went to great lengths to seek out and purchase albums for our collections. Now, we simply search for an artist on Spotify and add their entire discography to our library. With a single click, we can listen to their songs and not have to wait for a video to buffer or a download to complete. Rather than collect our favorite songs with diligent care, we capture them using the “Like” button with pure ease.


Via Yvan Boudillet, Doug Davenport
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There's No Money in Indie Music: Cat Power Is Broke

There's No Money in Indie Music: Cat Power Is Broke | Music Industry | Scoop.it
You know times are tough for indie musicians when even Chan Marshall—who released a Top 10 Billboard album and played sold-out concerts this year—is bankrupt. ...
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Study suggests streaming services are encouraging people to pay for music - StrategyEye Digital Media

Study suggests streaming services are encouraging people to pay for music - StrategyEye Digital Media | Music Industry | Scoop.it

(Curator's comment: Note that this study, by WIMP, states that streaming is growing "as younger users switch from downloads and CD buying to services such as Spotify and Rdio.")

 

The popularity of streaming services is growing in the Nordic European countries and Germany, with growth in usage also apparently making more consumers willing to pay for access, according to a new survey from Norwegian streaming service WiMP.

 

The company, which clearly has a vested interest in such claims, says that streaming usage is growing across Norway, Denmark, Sweden and Germany as younger users switch from downloads and CD buying to services such as Spotify and Rdio. Usage is currently highest in Norway, with 61% using a streaming service, versus 56% in Sweden, 35% in Denmark and 16% in Germany. WiMP surveyed 1,000 respondents in the four markets where it is currently active.

 

WiMP claims that willingness to pay for a subscription "increased in parallel" with the growth in streaming access, with Norway reporting the highest year-on-year growth. A third of Norwegians are willing to pay for streaming, up from 20% last year, though Swedes remain ahead at 36%, having had access to streaming services longer. Meanwhile, 25% of Germans say they are willing to pay, trailed by 14% of Danes.


Via Catherine Hol
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Live Nation Boss Irving Azoff Calls Pandora "Horseshit", Sees Difficult Future For Music Industry [VIDEO] - hypebot

Live Nation Boss Irving Azoff Calls Pandora "Horseshit", Sees Difficult Future For Music Industry [VIDEO] - hypebot | Music Industry | Scoop.it
(UPDATED) Live Nation Executive Chairman Irving Azoff didn't mince words over his feelings about the Pandora Digital Music service during a recent appearance at a media conference. "It’s horseshit. The market cap for Pandora is like $1.8 billion.

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Rdio Artist Program Pays $10 Per Fan; Snoop Lion Approves

Rdio Artist Program Pays $10 Per Fan; Snoop Lion Approves | Music Industry | Scoop.it

There’s been a lot of talk lately about whether unlimited music services devalue music by underpaying the people who make the songs that makes them worthwhile in the first place.


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Justin Timberlake, Myspace Owners Discuss New Relaunch | Billboard.biz

Justin Timberlake, Myspace Owners Discuss New Relaunch | Billboard.biz | Music Industry | Scoop.it
It was over 450 days ago, June 2011, that Chris and Tim Vanderhook bought MySpace. Monday, in Los Angeles, they were joined by investor Justin Timberlake to unveil the new...
Via Benjamin DEBUSSCHERE
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What Actually Drives Music Consumption

What Actually Drives Music Consumption | Music Industry | Scoop.it
I created the conceptual model to understand the independent variables that help predict music con...
Via Jérôme Rastoldo
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The record label is dead: long live the record label - Telegraph

The record label is dead: long live the record label - Telegraph | Music Industry | Scoop.it
Despite the rise of internet self-promotion, the record industry is in rude health, says Frances Moore.
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Bands Still Need To Sign To Labels, Says Report

Bands Still Need To Sign To Labels, Says Report | Music Industry | Scoop.it
A new report from the International Federation of the Phonographic Industry [IFPI] is arguing that record labels around the world are the biggest investor in artists, and that the majority of unsigned…...
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Digital Music News - Ringtones Are Still Four Times Bigger Than Spotify, Rhapsody, & Pandora, Combined...

Digital Music News - Ringtones Are Still Four Times Bigger Than Spotify, Rhapsody, & Pandora, Combined... | Music Industry | Scoop.it
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Are Music Fanatics A Dying Breed? - hypebot

Are Music Fanatics A Dying Breed? - hypebot | Music Industry | Scoop.it
Guest post by Alex May of sidewinder.fm A recent video of an album teaser by Muse quickly separated the fans from the critics. The hatred expressed toward the band erupted over a clip of a song on an album that hasn’t been released yet.
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Troy Carter At Wired 2012 On Owning A Direct Relationship With Fans - hypebot

Troy Carter At Wired 2012 On Owning A Direct Relationship With Fans - hypebot | Music Industry | Scoop.it
Troy Carter was interviewed during last week's Wired 2012 gathering and he spoke quite a bit about the power of artists having a direct relationship with their fans.

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Is Apple Preparing To Offer High-Resolution Music?

Is Apple Preparing To Offer High-Resolution Music? | Music Industry | Scoop.it
By Eliot Van Buskirk of Evolver.fm. We’ve heard rumors that Apple would start selling high-resolution music — as in “better than CD quality” — for years, but so far, “lossless” has been as good as it gets, and the only way to get it in iTunes is to...

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Rolling Stones Concert To Air as Live Pay-Per-View Via WWE...

Rolling Stones Concert To Air as Live Pay-Per-View Via WWE... | Music Industry | Scoop.it
World Wrestling Entertainment will distribute the final of four Rolling Stones concerts as a live pay-per-view event entitled One More Shot.  The band today...
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A Changing Music Industry Calls for Unconventional Marketing and Promotion

A Changing Music Industry Calls for Unconventional Marketing and Promotion | Music Industry | Scoop.it

The music industry’s troubles are well documented, hinging on contradictory realities: Music is too free to be expensive and too expensive to be free.

 

People no longer spend money on music automatically, so promoting it is arguably more important than ever. One approach is to try to “turn your band into a virus.” Let’s take a look at three other proven ways to promote music: merchandise, apps, and location.


Via Yvan Boudillet, Doug Davenport
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Music Festivals Enjoy Record Expansion in 2012

Music Festivals Enjoy Record Expansion in 2012 | Music Industry | Scoop.it

Music festivals are more dominant than ever in the concert business, and they're still growing – from Coachella, which brought in a record-breaking $47.3 million gross over two weekends in April, to this weekend's Starry Nights...


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Amanda Bounasis's curator insight, February 15, 2014 10:06 PM

This article is a good source and explains how music festivals are growing. I like how they talked about different types of festivals to show how they are all growing in their own way.

Jonathan Alexander's curator insight, April 13, 2014 2:45 PM

The reason I chose this article is because it describes how the music industry evolved in 2012. It also describes what music festivals impacted the industry as well. 

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The 20 Most Profitable Pieces of Merch...

The 20 Most Profitable Pieces of Merch... | Music Industry | Scoop.it

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Royalty ruckus scuttled iPhone 5 music streaming

Royalty ruckus scuttled iPhone 5 music streaming | Music Industry | Scoop.it

Apple’s plan to have its own music-streaming service built into the iPhone 5 was dramatically dashed when talks between the tech giant and Sony/ATV hit a last-minute snag, The Post has learned.

 

Sony/ATV, the world’s largest music publisher, and Apple couldn’t agree on a per-song rights fee, sources close to the situation said.


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Bas Grasmayer: Releasing albums should be the exception, not the norm

Bas Grasmayer: Releasing albums should be the exception, not the norm | Music Industry | Scoop.it

"Not everyone has a "Dark Side of the Moon" in them; and neither should they, says music 2.0 strategist Grasmayer"


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