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Top 10 Reasons Why the Music Industry is Failing

Top 10 Reasons Why the Music Industry is Failing | Music Industry | Scoop.it
You know what? I miss my vinyl records.
I miss going to the record store (a real community experience) and buying an LP for $10-$15. I miss the larger sleeves with the cover art and the inside liner notes which told you who wrote what and who...
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Not much new here, but an interesting read nevertheless

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William Hopewell's curator insight, December 2, 2015 3:28 PM

This article pin points a lot of hot topics to why the music industry is failing. A lot of it has to do with record labels going for safety instead of risk. This then makes the same songs over and over again. Nothing new, nothing different. Most people like this stuff but for those who really adore music and what it brings, we can see that music is losing touch with itself. A hit these days is based on perfection of an already boring song. Back then it was unique flares, personality and original writing. 

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Facebook inks licensing deals with Kobalt, HFA/Rumblefish and Global Music Rights - Music Business Worldwide

Facebook inks licensing deals with Kobalt, HFA/Rumblefish and Global Music Rights - Music Business Worldwide | Music Industry | Scoop.it
Opt-in agreement secured by SESAC for independent pubcos
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Spotify Hit With Billion Dollar Lawsuit; Accused Of Using Songs Without License

Spotify Hit With Billion Dollar Lawsuit; Accused Of Using Songs Without License | Music Industry | Scoop.it
Lodged on Friday.
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YouTube to launch a new Spotify rival, codenamed 'Remix', in 2018 - Music Business Worldwide

YouTube to launch a new Spotify rival, codenamed 'Remix', in 2018 - Music Business Worldwide | Music Industry | Scoop.it
Warner has already signed a deal for service, coming March 2018

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King-Ameer Colvin's curator insight, December 8, 2017 9:45 PM

YouTube wants to launch a competitor to the streaming powerhouse Spotify. YouTube’s ‘Remix,’ is scheduled to launch in march with negotiations with Vevo set to begin around the same time. I think that this is a interesting move by YouTube because i wonder how much the YouTube red service sales and community feedback led to the decision to make its own music streaming service. The source being musicbusinessworldwide.com  led by well known music commentator Tim Ingham in 2015. One of the more newer music industry website i would consider this a major informational resource for audio industry professionals because the report and analyze many different topics that are happening around the world of the music industry.

Alec Stith's curator insight, January 19, 8:11 PM

YouTube is launching a music streaming service similar to Spotify. Warner Music Group has already signed a deal with YouTube for the launch. This streaming service will add onto YouTube's many services in an attempt to take over the online entertainment industry. The article is published by Music Business Worldwide, which is a popular website for the latest music industry news.

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The Music Industry’s New Gatekeepers

The Music Industry’s New Gatekeepers | Music Industry | Scoop.it
Playlist professionals have replaced radio DJs as the new power brokers, as streaming services’ ready-made song lists become hitmakers.

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Traditional Music Industry Approach vs. What’s Coming…

Traditional Music Industry Approach vs. What’s Coming… | Music Industry | Scoop.it
dot Blockchain Media or “dotBC” has built and is in the process of releasing a new way for music and media creators to securely encode their rights and their identities into their digital assets…
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How Chance the Rapper's Manager, Pat Corcoran, Reimagined the Music Business | Blueprint

How Chance the Rapper's Manager, Pat Corcoran, Reimagined the Music Business | Blueprint | Music Industry | Scoop.it
Chance the Rapper's manager Pat Corcoran explains how the two met, the backlash around the release of Coloring Book, and more.

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Stephen C Roberts's curator insight, October 11, 2017 1:17 PM
wow
Jadon LaRue's curator insight, October 11, 2017 6:15 PM

This story is amazing.  I'm a huge fan of Chance the Rapper and hearing more of his story from his manager is just beautiful. 

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WINTEL 2017 – Worldwide Independent Market Report | Worldwide Independent Network

WINTEL 2017 – Worldwide Independent Market Report | Worldwide Independent Network | Music Industry | Scoop.it

Good reading. Thanks to Mat Rogers at UNFD for alerting me to this report.

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Universal Music Group wants to find the next Spotify before it's too late

Universal Music Group wants to find the next Spotify before it's too late | Music Industry | Scoop.it
The label will partner with accelerators to encourage entrepreneurs in the music space.

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BREAKING: APRA AMCOS announces new CEO

BREAKING: APRA AMCOS announces new CEO | Music Industry | Scoop.it
Following Brett Cottle's announcement that he would step down in June 2018, the APRA AMCOS CEO has named his replacement. International recruiting firm Odg
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Why Taylor Swift Trademarks Her Lyrics and Why Other Acts May Follow Suit

Why Taylor Swift Trademarks Her Lyrics and Why Other Acts May Follow Suit | Music Industry | Scoop.it
Taylor Swift's team has been regularly filing trademark applications for lyrics and other slogans under her holding company, TAS Rights Management LLC, striking down infringers in the process. But does it really work, and is this approach for everyone?

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Rasheed Mccord's curator insight, October 11, 2017 7:41 PM

In my opinion I think Taylor Swift should continue to try to trademark her lyrics. She gets benefits when it works out in her favor so why not! She’s able to sell products and make her fans happy with things their favorite artist said on items they can purchase. Although everything’s can’t be trademarked, the things that can should. My source of information is reliable as well as a major informational source in the music industry. 

Jasmine Tabb's curator insight, October 13, 2017 11:47 PM

First, I feel like this is an amazing idea. Having trademarks on one's music could prevent theft of content without proper pay to the rightful owner. This source is extremely credible, Billboard.com has been updating us with the latest entertainment industry news for years.

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How music supervisors create iconic TV moments

How music supervisors create iconic TV moments | Music Industry | Scoop.it
The job of adding music to television was just recognized by the Emmys for the first time ever.

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Emily Coppa's curator insight, October 18, 2017 12:55 PM

I found this article interesting because it talks about the job of a music supervisor. Basically what they do is source the songs that make up the soundtrack of TV shows and movies. As of this year, the Emmys are now recognizing these people who work as music supervisors and giving them an award, which I think is well deserved. I believe this source is from a reliable outlet, I also don't think this will serve any purpose to audio industry professionals. 

Nicole Harris's curator insight, October 18, 2017 10:44 PM

 

 

After reading this article I was able to understand more about the role of a music supervisor, Its unfortunate that the Emmy's took this long to recognize the hard work and talent it takes to be a music supervisor. I believe that this a very liable source, furthermore I do not think audio industry professionals will benefit from reading this article .

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Facebook Offers Hundreds of Millions of Dollars for Music Rights

Facebook Offers Hundreds of Millions of Dollars for Music Rights | Music Industry | Scoop.it
Facebook Inc. is offering major record labels and music publishers hundreds of millions of dollars so the users of its social network can legally include songs in videos they upload, according to people familiar with the matter.

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Joshua Ming's curator insight, September 16, 2017 2:35 PM

Streaming music is becoming a big thing today and social media like Facebook wants to be first in profiting from it. Bloomberg.com is a credible source for information. Its reliable because it talks specifically about why Facebook wants to own music rights from recording labels. This is key information for anyone who wants to start a record label and are worried about how their going to sell their music.

Christopher Jenkins's curator insight, September 17, 2017 6:47 PM

Simply Outrageous. Facebook already has billions of dollars, First they copy Snapchat, Then they made it to where you can send money to each other like Venmo or Cashapp, and now they want to become Soundcloud or Itunes all in one? I know its business, but that is just simply greedy. I believe one day Facebook will take it too far and will completely Pummel to the ground. They are already stalking people, hacking in to their messages invading peoples privacy. 

 

 

Facebook Inc. is offering major record labels and music publishers hundreds of millions of dollars so the users of its social network can legally include songs in videos they upload, according to people familiar with the matter.

 

The posting and viewing of video on Facebook has exploded in recent years, and many of the videos feature music to which Facebook doesn’t have the rights. Under current law, rights holders must ask Facebook to take down videos with infringing material.

-Lucas Shaw and Sarah Frier. 

Source-Bloomberg 

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Warner Music Acquires Spinnin' Records For Reported $100 Million

Warner Music Acquires Spinnin' Records For Reported $100 Million | Music Industry | Scoop.it

Warner Music Group has acquired independent electronic music label Spinnin’ Records"


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What Is Splice and Why Did It Just Raise $35 Million?

What Is Splice and Why Did It Just Raise $35 Million? | Music Industry | Scoop.it
Earlier today, Splice announced that it had just earned $35 million in a Series B round of financing. DMN analyzes what this means for indie artists.
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2018’s hot topics for the music business – MUSIC x TECH x FUTURE – Medium

I am typing this article on my phone in an airport. Therefore this piece is going to be a bit different than my usual MUSIC x TECH x FUTURE post. It’s amazing what we can do on our phones now. They…

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Facebook and Sony/ATV Music Publishing Announce Licensing Agreement

Facebook and Sony/ATV Music Publishing Announce Licensing Agreement | Music Industry | Scoop.it
Sony/ATV Music Publishing and Facebook on Monday announced the signing of a licensing agreement.

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Alec Stith's curator insight, January 19, 7:55 PM

Facebook signed a deal with Sony/ATV Music publishing which allows users to be able to upload content using their music. This a a step forward by allowing content creators to be able to have popular music included in their videos such as blogs or shows. Variety Magazine is popular magazine for people who are interested in the music and entertainment industries.

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Björk hits the blockchain with cryptocurrency fan rewards

Björk hits the blockchain with cryptocurrency fan rewards | Music Industry | Scoop.it
Fans will be able to buy Björk's new album 'Utopia' using cryptocurrencies, and pre-ordering it directly from the star will earn them crypto rewards too.

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A “your_song_name.bc” file is these six things… and many more…

A “your_song_name.bc” file is these six things… and many more… | Music Industry | Scoop.it
dot Blockchain Media or “dotBC” has built and is in the process of releasing a new way for music and media creators to securely encode their rights and their identities into their digital assets…
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Amazon Is Now 3rd Largest Subscription Music Service In The World [Mark Mulligan, MIDiA]

Amazon Is Now 3rd Largest Subscription Music Service In The World [Mark Mulligan, MIDiA] | Music Industry | Scoop.it
Amazon is now the 3rd largest paid music subscription service in the world, according to a new MIDiA analysis. Their just published report looks at Amazon’s streaming music strategy and how this fits within the wider competitive landscape. Some highlights from MIDiA analyst Mark Mulligan: ___________________________________ Back in th

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Billboard shifting how it charts Apple Music and other streaming services next year

Billboard shifting how it charts Apple Music and other streaming services next year | Music Industry | Scoop.it
Billboard has announced that it will adjust how it weights and calculates streaming music starting in 2018. Changes will include more weight given for paid music services like Apple Music than ad-s…
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How Instagram Became The Music Industry’s Secret Weapon

How Instagram Became The Music Industry’s Secret Weapon | Music Industry | Scoop.it
Led by Beyoncé’s former digital guru, Instagram wants to help artists make the most of its music-obsessed users.

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Dante Mackell's curator insight, October 18, 2017 6:34 PM

Instagram is a powerful application that helps promote established celebrities such as Beyonce and Lady Gaga. This is a very reliable source for the audio industry since millions of consumers are using using Instagram daily and are constantly tuning in on their favorite celebrities. For the Record labels in the industry this means much needed exposure for their artists.

 

Pros: The upside to the app is that Celebrities off all varieties can reach out to the world and express themselves creatively.

 

Cons: It's difficult for up and coming artists to get their voices heard on Instagram without an already established fanbase.

Nicole Harris's curator insight, October 18, 2017 11:11 PM

I found this article eye opening , I never realized how much  Instagram has an impact on the music industry. Its making it easier for them allow fans to see a personal look on the celebrities lives. Their numbers began to grow and so do their pockets. I believe this a really reliable source but I do not think audio industry professionals will gain any knowledge from reading this. 

Alec Stith's curator insight, January 19, 8:35 PM

Instagram is helping the music industry by allowing new artists boost their brand and sales by advertising. Many new artists became popular by using Instagram to promote themselves to their fans. Artists use the social media platform to connect with fans and give them insight into upcoming projects to boost anticipation, which ultimately boosts sales and streams. The article is written by John Paul Titlow,a writer an Fast Company Magazine, which is a popular source for industry news.

 
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Blurred lines: why Taylor Swift and Ed Sheeran are paying homage to pop’s past

Blurred lines: why Taylor Swift and Ed Sheeran are paying homage to pop’s past | Music Industry | Scoop.it
After Swift’s Right Said Fred reference, we look into the world of artists interpolating previously released music
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The Agony and Ecstasy of Building an Online Music Business

The Agony and Ecstasy of Building an Online Music Business | Music Industry | Scoop.it
Streaming services like Spotify and Apple Music may have helped bring profit back to the music industry, but the rules are changing constantly.

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Suzi Astrauskas's curator insight, October 18, 2017 2:09 PM

My opinion on this article that how could a huge platform like Soundcloud basically go bankrupt? With over 10 Million users it goes in the drain. I also found interesting how hard it is to actually make an online business. It takes so much work and not to mention money. I think that this site is some what very sourceful for people in the music industry and that even though it may cover a lot of other aspects in the world it runs a pretty good page. Like I said this site could be useful for some people in the music industry and they could use this for their benefits on how to run the proper online business and/or find business to work for.

Dusti T Jackson's curator insight, November 9, 2017 11:00 AM
Online music businesses, benifit or loss?
Dusti T Jackson's curator insight, November 9, 2017 11:51 PM
This could of hepled make more money, but the rules are also changing constantly, because there wasn't any ads in between songs a few years ago, when playing music on the internet was just becoming popular, so now music/movie app companies could ressult to running stores like "fye" out of business.
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Indie Labels Represent 30% of Australian Market: Report

Indie Labels Represent 30% of Australian Market: Report | Music Industry | Scoop.it
“This is truly a benchmark report that serves as the first indicator of the enormous cultural and fiscal value the Australian independent recording sector contributes to the Australian economy,” comments Maria Amato, GM of AIR.

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The World's Largest Music Publishers Just Declared War on Spotify

The World's Largest Music Publishers Just Declared War on Spotify | Music Industry | Scoop.it
Nobody said becoming a Wall Street billionaire would be easy.  Now, the largest music publishers are preparing for a major fight against Spotify.
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