Rocket Songs Is A Marketplace Of Original Songs

Rocket songsJonathan Stone of original song marketplace Rocket Songs joins Michael Brandvold and Jay Gilbert on the Music Biz Weekly podcast.  Music publishing is a multi-billion dollar industry that has been mostly undisrupted by the tech and data revolution.  Rocket Songs is working change that and democratize music publishing. 

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Audius Raises $5.5M For 'SoundCloud On The Blockchain'

image from cdn-images-1.medium.comAudius has raised a $5.5 million to use blockchain and cryptocurrency to assure that artists are paid fairly. It's a pitch made repeatedly by numerous startups in recent months, but Audius now has the capital to actually move this game-changing concept forward.  

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Meet The Google Funded Group That Hacked EU Copyright Vote [David Lowery]

2The EU parliament recently endured several weeks of being bombarded by tweets, calls, emails, and letters opposing Article 13 of the Copyright Directive, which would have forced major tech companies like Google to more tightly regulate copyright on their platforms. This "movement" was the result of a small group of anti-copyright ideologues from Vancouver, writes David Lowery.

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50% Of Universal Music Is For Sale, But Who Will Buy It?

Universal_music_group_logo__pngVivendi announced this week that it is no longer spinning off its Universal Music Group with an IPO; but rather that it wants to sell up to 50% of the world's largest music company.  But given the price tag and other hurdles who can afford UMG?  Who will want to?

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Why Congress Should Support Startups In The Music Modernization Act

1In this piece Chris Castle breaks down the latest inside the world of the Music Modernization Act, and why the law needs to be altered in order to restore balance between the rule makers and the rule takers, and better support startups in their bids for success.

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Variety, Rolling Stone Owner Penske Invest In BuzzAngle To Challenge Billboard Chart Dominance

image from d1qb2nb5cznatu.cloudfront.netPenske Media has invested in music charts and data company BuzzAngle Music. Penske owns Rolling Stone, Variety, Deadline and IndieWire, and plans to leverage BuzzAngle charts across their properties.

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Netflix $9B Stock Tumble Also Offers A Warning For Spotify [Mark Mulligan]

Spotify new

$9.1 billion was wiped off its market capitalization this week, after Netflix missed aggressive targets by analysts, despite solid earnings. As Spotify prepares for its quarterly earning report next week, there are lessons for both  investors and CEO Daniel Ek that can be learned from the fate of its fellow streamer.

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Hipgnosis Songs Closes $23M The-Dream Catalog Deal, Debuts On London Exchange

image from www.hypebot.comHipgnosis Songs Fund Limited (LON:SONG) has acquired a 75% stake in the song catalog of Terius Youngdell Nash aka The-Dream.  The fund, which listed on London’s main exchange today, will pay $23.75 million USD.

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One77 Music Launches With $27M Catalog Backed By Virgo

Jennifer BlakemanMusic publisher One77 Music has launched in New York City, with an eye for new catalog and some very deep pockets.  Led by veteran music exec Jennifer Blakeman, One77 launches with a catalog of 6,000 songs, which it values at $27 million, as well as a substantial, but undisclosed capital investment.

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Spotify Hiring Patterns Reveal Post-IPO Focus

Help wantedCEO Daniel Ek has promised that Spotify going public would not change the culture of the company or its mission to build a more artist centered new music industry. But a study of post IPO hiring at the music streamer reveals that, for now at least, ramping up sales and software is more of a focus than programming, video and artist services.

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Blink Brings Big Brother To Concerts With $1.5M Funding For Facial Recognition

image from celebrityaccess.comAustin-based startup Blink Identity has announced that it has raised $1.5M in a seed round led by Sinai Ventures with the participation of Live Nation, Techstars, and a number of other live entertainment related funds.

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ArtistGrowth, Pinnacle Partner To Bring Financial Services, Capital To Touring Artists

Artist-growth-logoArtistGrowth, a mobile artist management platform, and Pinnacle Financial Partners have announced a strategic partnership and equity investment designed to broaden the financial services and capital available to touring entertainers.

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Merck Mercuriadis' Hipgnosis Fund Raises $260M For Song Acquisitions, IPO Next

image from static1.squarespace.comHipgnosis Songs Fund Ltd has raised $260 million in a private offering and is expected to IPO in the coming weeks. The fund, led by veteran artist manager Merck Mercuriadis, will purchase and manage US and UK song catalogs.

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Two More Spotify Execs Exit, At Least One For Apple Music

Spotify newTwo respected executives at Spotify are exiting the music streamer, and at least one is headed for Apple Music. The pair join a handful of others in what could be a growing trend, as Spotify staffers cash out stock options and are lured by lucrative offers in an increasingly competition streaming sector.

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PledgeMusic Falls Behind In Paying Artists, Promises Fix

PledgeMusic New[UPDATED] PledgeMusic has fallen behind on payments to artists that have completed their crowdfunding and pre-release campaigns. The music crowdfunding and e-commerce site boasts that more than 3.4 million fans and 50,000 artists ranging from new to platinum selling use the platform.

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Why Startups Should Be Included In Music Modernization Act

1Adding to the already intense level of criticism being levied at the Music Modernization Act, this piece from Chris Castle delves into the legislation's failure to properly include startups, and why they should be more present in the legislative process and the act itself.

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Spotify Is 'Cash Flow Positive,' says CEO Ek, Admits Hate Policy Handled Badly

Daniel EkSpotify CEO Daniel EK has now publicly admitted that the company handled the implementation of its new "hate content and hateful conduct" policy badly. More surprising was how the founder and CEO says that he views profitability at the music streamer.

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How We Crowdfunded 18K With No Experience, Fans [Part 5]

1In this fifth and final piece of a five part series, Justina Grayman shares her experience running a successful crowdfunding campaign, and outlines what others considering embarking on a similar journey should keep in mind. In this final piece she details process of actually rolling out the completed project.

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