A new report from the IFPI has confirmed suspicions that, yes, a lot a of people are listening to a lot of music, a lot of the time. While this may not be much of a surprise, the annual report does provide some interesting additional data on when and where listeners across the globe are consuming their music.
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Artists and record labels are losing $2.7 billion in revenue each year because many small business owners use their $10 per month personal accounts to stream music in their retail shops and cafes, rather than pay for a $35 per month commercial license.
Continue reading "$2.7B Yearly Loss From Illegal Music Streaming By Businesses" »
BMG has acquired independent world music label, World Circuit, home to Buena Vista Social Club, Ali Farka Touré and Orchestra Baobab. The label's Nick Gold will join BMG to develop new projects.
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Radio streaming service Pandora and popular photo sharing platform Snapchat recently unveiled an exciting new partnership where users of both platforms will be able to share their Pandora listening habits over Snapchat, all in hopes of increasing engagement.
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Recording Academy chief Neil Portnow was introduced by Trump as, "in the world of music [he] is big stuff." But key industry players were invited, then uninvited to the signing of the bipartisan Music Modernization Act
Continue reading "Key Industry Players Uninvited To All Male MMA Signing At White House" »
Gone are the days of labels compelling artists to relinquish creative control of their music in exchange for a promised lengthy in music. In this piece we take a hard look at why maintaining control of your masters is so critical for an artist operating in 2018.
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[UPDATED] The Music Modernization Act was signed into law by President Trump today. The multifaceted legislation had widespread industry support as an overdue overhaul of antiquated licensing laws. But what is the MMA and what does it mean for you?
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The Music Modernization Act is finally the law of the land. With Kid Rock at his side, President Trump signed the bill on Thursday in the White House's Roosevelt Room. Almost universally approved of by the music industry, the multifaceted copyright and royalty legislation passed both Houses of Congress on unanimous voice votes.
Continue reading "Industry Reacts As MMA: AIMP, A2IM, Music Biz, ASCAP, SoundExchange, BMI, Sound Royalties" »
President Trump signed the sweeping Music Modernization Act into law today in a Roosevelt room ceremony. Kanye West was missing in action as Kid Rock, members of Mercy Me, Jeff Baxter of the Doobie Brothers, Mike Love of the Beach Boys, John Rich of Big & Rich, Tracy Morgan, Sam Moore and Neil Portnow of the Recording Academy all joined the President.
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While Chinese streaming giant Tencent Music Entertainment's announcement that it was planning to go public in the US was in and of itself major news, a revelation that both Sony and Warner Music would each be dropping a cool 200 million on the company before they even filed has served to further spice things up in the industry.
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The Genius crowd-driven lyrics database is now available on Apple Music as part of an expanded partnership. Apple Music subscribers who visit Genius will also be able to play full tracks from the song page by signing into their Apple Music account.
Continue reading "Genius, Apple Music Partner For Lyrics, Player" »
President Trump is expected to sign the Music Modernization Act at 11:45 ET today, Thursday October 11th. Kanye West, who has been confirmed for lunch at The White House today, will be joined by Kid Rock for the signing, according to multiple sources.
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President Trump is signing the Music Modernization Act at 11:45 ET today, Thursday October 11th. Kanye West, Kid Rock and music industry leaders are expected to attend. Watch Trump Sign Music Modernization Act Today At 11:45ET:
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Choosing the right band name is something many artists struggle with, and like anything else is susceptible to the cultural trends of the time. It should be no surprise then, that many successful groups haven chosen to go off the rails by incorporating symbols and characters that are often difficult to pronounce or type.
Continue reading "What’s In A Name? How Bands Use Symbols, Characters" »
[UPDATED] Kanye West has set a lunch meeting with President Trump and son-in-law Jared Kushner at the White House on Thursday, The New York Times reports. West has been a vocal, if controversial, supporter of the president in recent months.
Continue reading "Kanye West Trump, Kushner White House Lunch Confirmed, MMA Signing Rumored" »
[UPDATED] A look at some key music business numbers that are shaping the direction of the industry, including Apple's 400 million dollar acquisition of Shazam, 200,000 verified users on Spotify for Artists and more.
Continue reading "$400M Apple Shazam Acquisition, 200K Verified Spotify Artists, More Stats Shaping Today's Music Business" »
No matter how much work you sink into a show or tour, it'll all be for not if no one shows up. Marketing is key to filling the house, and while it may seem difficult or intimidating, it could really be much worse. Here we look at three of the best ways to guarantee your next event is sold out.
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While most artists likely already have some presence on social media, a great way to strengthen your platform and better connect with fans is to implement an email newsletter into your strategy. Here we look at some tips and ideas for getting started.
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Shifts in the music industry have precipitated a new rapid fire format of music release, with artists constantly creating new music and releasing singles rapid-fire. In addition to other changes, this shift has caused the EP to begin edging out the LP as a dominant format of music.
Continue reading "How The EP Killed The LP Star" »
For those fresh-faced artists just arriving on the scene, there are several important steps they must be sure to take in order to ensure they have at least a chance of success. Here we outline what the the top five priorities of new artists should be.
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In a bit of good news for aspiring rappers, artists Lil Yachty, Zaytoven, and AXE Body Spray have recently launched a two part contest which will give up-and-comers a chance to become collaborators on upcoming releases from the aforementioned artists.
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This week we're sharing helpful tips for the independent, do-it-yourself artist on how they can promote their music on digital platforms more effectively, what makes for smart touring route, how to collect the proper royalties you're due when you release new music, and much more!
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The world of online promotion is a crowded one, with new music being released everyday, it can be difficult to get your work noticed at all. Unfortunately there's not silver bullet when it comes to digital music promotion, but here we look some tips that can at least improve your chances.
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Fans and artists alike are currently more than a little a displeased by the "Big Pool" method with which streaming services calculate how artists get paid. Here we explore an alternative method of calculating these royalties dubbed the "Ethical Pool Solution" which would allow listeners to direct royalties only to the artists that they actually listen to.
Continue reading "Arithmetic Online: The Ethical Pool Solution To Streaming Royalty Allocation" »
While touring can be a fun and rewarding adventure for a lot of bands, a lot them struggle with knowing where to go, and going where it counts, rather than everywhere they can. Here we look at how to plan a tour that's efficient and functional.
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Choosing a career in music is a decision that is often looked on dubiously by some of the more pragmatically minded professional adults in the world. That said, there are a number of pros to such a pursuit as well.
Continue reading "Is Music A Good Career Choice For Me/My Child? FAQ" »
There are a plethora of income streams available to artists in the current music economy, but owing to the convoluted way in which the industry operates, many musicians don't know where or how to collect their hard earned money. Here we look at some key steps to take to ensure you're getting your due.
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If your one of the many bands planning to embark on a tour and make your mark on the music scene, major populous cities can seem like essential destinations for playing shows. In reality, however, you may be better off making a big impression in a smaller city.
Continue reading "Big v Small: How To Decide Which Cities To Focus On During Your Tour" »
In this piece we look back on the 9th Vienna Music Business Research Days, a multi-day event which gathers together researchers and music business professionals for keynote speeches and panel discussions covering important music business goings-on.
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Just in case you didn't feel like the music industry was a litigious enough space, the estate of 60s era pop star Ricky Nelson has open a whole new can of legal worms by filing a class action lawsuit against Sony Music over its alleged failure to properly report streaming of the late artist's music.
Continue reading "Sony Music Faces Lawsuit For Under-Reporting Streaming Revenue" »