Razor & Tie Co-Founders Launch New Label RT Industries

image from images-na.ssl-images-amazon.comRazor & Tie co-founders Craig Balsam and Cliff Chenfeld have launched a new music venture, RT Industries, after selling their successful indie label to Concord last year. Their new label is dedicated to curating, developing and marketing classic recordings with the same level of care and attention regardless of era or genre.

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A&R Meets AI: Why Your Next Label Rep Could Be A Robot

1While record label talent scouting may have seemed like one bastion of the industry that was safe from artificial intelligence, Warner Music Group clearly feels differently, having recently acquired Sodatone, a startup which uses technology to identify unsigned talent.

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Facebook's Struggles Are Good For Musicians, Marketers

Facebook-musicFacebook's troubles are front page news. Data from 87 million users was compromised, #deletefacebook has been trending on Twitter on and off for days and  Congress is considering regulations after hours of continuous hearings. But all this bad new for Facebook may be good news for musicians and music marketers.

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8 Label Submission Tips For Saving You Time And Frustration

1While many artists are taking a DIY route and eschewing labels altogether, there's still a lot to be gained from a connection to a label, and while submitting to a label can be challenging, we here examine eight tips that will spare you wasted time and frustration.

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Record Labels Know What Artists Want, And It's The Reason They'll Never Change

2There is much debate in the music industry over whether or not signing to a label is the best way to succeed. Here George Howard explains what it is about record labels that allures artists, and why labels want to keep it that way.

 

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INgrooves’ 'Trends Now' Makes Sense of Streaming Data

INgrooves logoDigital music distributor INgrooves has launched a new data-mining tool designed to help labels sift through and make sense of the copious amounts of information now flowing from digital services to music suppliers. The technology is aimed at making it easier for clients to spot both marketing opportunities and potential business threats.

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Record Labels vs Spotify: Who Needs Who More?

scaleOn one side you have Spotify - an unprofitable company that needs to lower its cost of the content from three dominate players.  On the other side, you have three major music groups that increasingly rely on income from streaming.  When it comes right down to it, who - the Record Labels vs Spotify - needs who more?   

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Why It's Critical To Hire A Graphic Designer For Your Next Release

1As the music industry continues to shift and change, appearance and the visual component of music are becoming increasingly important, and having a graphic designer to rely on is essential for ensuring that you make a good visual impression.

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How Much Does Streaming Earn U.S. Record Companies? [CHART Year To Year]

Arrows upRevenues from recorded music in the United States grew from $7.5 billion in 2016 to $8.7 billion in 2017.  In 2017, subscription and ad-supported accounted for 65% of U.S. recorded music revenues, up from less than 10% in 2011. 2017 was also the first time in years that physical sales eclipsed download revenues. 

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Music Industry Gender Pay Gap Is Very Real [New Stats]

cThe music industry's gender pay back is very real and even worse than many thought. The three major labels today released gender pay gap figures for the UK, this week and they offer a bleak snapshot of  how women are devalued in the music industry. 

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Digital Music Marking, Messenger Bots [Interview with Blackstar London's Olivia Hobbs]

1In this edition of Behind the Artist we hear from Olivia Hobbs, the Managing Director of music consultancy for marketing, creative direction & strategic digital marketing at Blackstar London as she discusses effective digital marketing for artists and bands and how to utilize Facebook Messenger in these efforts.

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Record Deal Advances Skyrocketing (If You're A Hip Hop Artist)

1In the recent past, the contraction of the music industry took record company's advances with it, to the point where artists would often opt out of record deals altogether. It looks like this belt-tightening may be coming to an end however, at least where hip hop is concerned.

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Instrumental Raises $4M For TalentAI, WMG Buys Sodatone As Data Driven A&R Takes Center Stage

Instrumental-logoUK based A&R data platform Instrumental has added $4 million in funding and Warner Music Group announced it has acquired A&R  insights startup Sodatone, as data and machine learning become primary drivers of who gets a deal and how label resources are allocated.

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When To Consider Signing With A Label

1While many artists struggling to make it in the music industry may be under the impression that signing with a label is their holy grail, the reality is that signing  is only beneficial some of the time, and that having the backing of a label can sometimes do more harm than good. Here we look at how to identify if the time is right.

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Music Is "On The Move" says RIAA Chief Cary Sherman

Cary Sherman, RIAAA new RIAA report shows that the recorded music business in the U.S. grew for the second consecutive year in 2017, driven largely by streaming revenue.  RIAA chief Cary Sherman dug into the numbers to share what they means, including some areas that need improvement.

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Music Industry Revenue Up 16.5% In 2017, says RIAA

Arrows upThe U.S. recorded music business grew for the second consecutive year in 2017, driven largely by a 56% increase to 35 million paid music subscriptions, according to the RIAA's 2017 year-end music industry revenue report. Overall, recorded music saw a 16.5% increase in retail revenue to $8.7 billion, of which $5.7 billion came from streaming.

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Smart Speakers Will Drive Music Consumption, Industry Growth says New Report

Smart-speaker-report[UPDATED] A new report authored by Music Ally's Stuart Dredge for label trade BPI and the Entertainment Retailers Association [ERA] looks at how voice-controlled smart speakers are transforming how fans engage with music.

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Lyor Cohen @ SXSW On YouTube, Music Industry Renaissance [WATCH]

LyorCohen-photobyNoaGriffel-blog-768x432Speaking at SXSW, YouTube Head Of Music Lyor Cohen was his usual bullish self predicting the future of the music industry. "The industry is going to return and grow by ads and subscriptions. People are willing to pay, and we'll convert them to paid subscriptions," said Cohen. 

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The Album Is DEAD, But Not Everyone Believes It

1While creating an album has for many bands and artists been a cornerstone of artistic accomplishment over the years, our shift to a predominantly playlist based culture means that we're shifting away from the album format and living in a world of singles - just not everyone's accepted it yet.

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