Hastings is shutting down all 123 stores and liquidating inventory and fixtures at a deep discount. Hastings had filed bankruptcy and been given 30 days by the court to find a buyer. We got details of the sale and a list of all Hastings locations.
The boss of one of the private equity group that invested in the Sony-led acquisition of EMI Music Publishing in 2012 is caught up in a major corruption scandal involving the Malaysian government’s sovereign wealth fund.
Here George Howard looks at how the social, fun, and competitive formula which has made PokemonGo the massive success that it is could potentially work in the music industry, and the hurdles it would have to overcome to do so.
For musicians, the few days following a show are a critical time for strengthening their fanbase and networking. Here we provide a helpful checklist artists can follow to make sure they aren't wasting post-gig momentum.
Here an entertainment lawyer lends his perspective on a recent decision handed down by the Department of Justice, a decision which ignored the advice of copyright experts and served to further strip songwriters of their rights.
In a bid to raise much need cash, a bankrupt SFX first put EDM music service Beatport up for sale. Then they postponed the sale and gutted Beatport staff and services. Next it said the sale was on again, only to be withdraw it from the market last week. Yesterday SFX tried to explain the flip flop.
Apple has proposed a streaming royalty rate with the Copyright Royalty Board as part of a preceding to set statutory rates for downloads and interactive streaming services. The proposed rate, intended to simplify the way on-demand streaming services like Apple Music and Spotify pay songwriters and publishers, is 9.1 cents for every 100 streams of a song.
While being a do-it-yourself independent musician is certainly possible in this day and age, there are certain tools that make it significantly easier. Here we look at six such tools that can help artists with their marketing/managing.
Music streaming data makes it possible to understand the fan behavior behind each stream. "But the way we translate this creativity into monetizable, digitally-mediated experiences requires a culture change" within the music industry," says Samuel Potts, the head of radio at Columbia Records UK.
The final in a series of what would have been three concerts by singer-songwriter Michelle Shocked, originally scheduled for July 33rd at Newberry Music Hall was canceled after Shocked conducted a musical protest at her own show.
There's no guarantee that a good musician will also happen to be a savvy business person as well, which is why hiring outside help can often be a good idea. Here we look the proper way to go about hiring business help so that an artist can instead focus on honing their craft.
In May, Canadian performing rights organization SOCAN acquired music and metadata delivery technology provider MediaNet. Late yesterday, they added Audiam, a digtal music licensing and royalty collection service, to their music tech portfolio.
The turnaround that the music industry has waited almost a decade for has finally arrived, thanks to streaming. The latest evidence comes from Germany where the recorded music market was up by 3.6% in the first half of 2016, driven entirely by streaming.
A recent court decision that pre-1972 recordings are subject to the “safe harbor“ provisions of the DMCA ran contrary to all previous rulings, and sent shock waves through the music industry. Now, trade groups and labels are banning together to overturn the ruling.
As the battle between Taylor Swift and Kanye West continues, the rapper continues to maintain that he made her “Famous.”Pandora dug into their data to analyze the way their listeners engage with both artist’s music to answer the question once and for all.
Could it be that the best way for musicians and rights holders to earn more money moving forward it to get more listeners to ditch traditional AM/FM radio in favor of online streaming? According to the math, services like Pandora provide higher payouts for more royalty types than their broadcast competitors.
With one of the lowest payouts per stream of any service offering music, YouTube has become the target of much ire from the music industry. But Facebook, which recently extended its $50 million payment program to select creators, is not paying a dime for the vast majority of the videos on the site.
We're sadly getting used to hearing about the big evil mega-corps getting hacked. But an as-cool-as-any-record-label-can-ever-be indie? Well, The Beggars Group has been been hacked and they are urging all U.S. fans of their roster of indie darlings to change their passwords asap.
Although many active members of the copyright community have been requesting that some form of small claims court be set up as an alternative to filing a federal lawsuit, a new bill being introduced with this theoretical purpose is riddled with issues, and could be primarily utilized by copyright trolls.
Everybody enjoys free stuff, but many artists just starting out can't afford to chuck expensive items like t-shirts and vinyls into the crowd without any kind of compensation. Still, giving things away for free can be a great way to show fans you care. Here are ten items that can be gifted the crowd at a minimal loss.
“According to those who oppose the service, YouTube is slowly killing the music industry, one tiny cut at a time. It is anti-artist and anti-copyright, they claim. Meanwhile, every major artist has a channel on YouTube and wouldn’t dream of releasing a new record without YouTube involved in its launch.” - Eamonn Forde, The Guardian via MusicRedef
Sought after by many artists, but singer-songwriters and acoustic acts in particular, house concerts are in many ways the holy grail of live shows, requiring little promotion while still providing an extremely rewarding performance experience, yet many artists don't know how to get these coveted gigs.
As if they didn't already have it bad enough, mom and pop music shops have been dealt yet another blow with the news that Warner Music will no longer allow direct accounts with stores which do less than $10k in business with them each year.
Once reserved only for A list celebrities, Twitter is expanding it verified accounts program to more users, and simplified the application process to get one. The blue verified badge on Twitter lets people know that an account of public interest is authentic.
As fans of recently deceased artists such as Prince, Bowie, and many others, are forced to confront their favorite musicians' mortality, some innovators within the music industry are working to find ways in which these artists' legacies can live on.