London based music tech startup ROLI has raised $27 million. The company creates and sells net connected musical instruments and related tech including the well received Seaboard RISE keyboard.
[UPDATED] To date, music streaming service CÜR has raised $13.6 million in funding, including a recent $2 million in convertible notes. But rumors point to a company struggling to make partial payments to record labels and rightsholders. So the startup has brought in an industry veteran to try to right the ship.
Rather than play by the rules and stick to industry conventions, it has become important for those operating independently within the music business to pursue trends which will allow them greater control over their work. Here we look at three such trends which are expected to gain prominence in the coming year.
Even before their recent acquisition by PledgeMusic, NoiseTrade has been one of my favorite direct to fan services, both for music marketing and as a fan. I've seen how well it has worked for some of the artists we work with at Skyline Music including 10,000 Maniacs, Darlingside and Caitlin Canty. Now, Noisetrade has added to their access-for-email toolkit.
Ever since the demise of Topspin, its been difficult to see a clear path forward for companies focusing on direct to fan music. But a few executives like PledgeMusic's Benji Rogers,Mike Doernberg of ReverbNation and Jack Conte at Patreon have continued to innovate; and now a new vision of what is possible in D2F is beginning to emerge.
SFX CEO Robert Sillerman sent a letter to his beleaguered staff encouraging them to be positive and "find the path to success." The note comes as he exits his day to day role at the bankrupt music conglomerate, after being forced out by creditors. That same day, court documents embarrassingly revealed just how distrustful the rest on the music industry is SFX.