Sanctuary5B Entertainment has announced that they have sealed the deal on an ongoing partnership with touring festival producer Synergy Global Entertainment, Inc. (SGE). Through the partnership, the two companies plan to produce a variety of major tours, festivals and other branded projects.
- Facebook Fights a Nasty Spam Attack. (NY Times)
- Songtrust will offer music publishing administration services at a discount to members of Indaba Music’s community of 600,000 musicians to manage their copyrights and royalty collections
(UPDATE 3) Yesterday Google Music left beta with a 320kps download store, curated content, a unique song sharing feature and a direct to fan sales option that every band should want to take advantage of. Read the full story here or watch the video reply below. Skip past the pre-show graphics to 30 mins in when the real show starts.
THE WINNERS: Dan Peachey of ChatWithTheBand and
Edward Aten of Swift.fm.
The Billboard FutureSound Conference starts tommorow, November 17 and runs for two days at the Terra in San Francisco. This inaugural gathering will focus on bringing music industry, tech and finance leaders together to to define "the future opportunity of the digital music market for the artist, entrepreneur and rights-holder alike." We just freed up two more tickets to give away. Here's how to win:
The live music industry (promoters, club owners) has, in my experience, been slow to adapt to the new realities of marketing. Ineffective strip ads and radio campaigns are finally being replaced by more nuanced marketing: targeted email, social media, even GroupOn. Studies by ticketing companies like Evenbrite and Ticketfly have proven that social media sells tickets. In this video from Billboard's recent Talent & Touring Convention, Songkick CEO Ian Hogarth shares his vision of modern live music marketing. WATCH:
One easy thing you can do to improve your website is to focus your home page design on one main call-to-action. A call-to-action is designed to direct people's attention to something specific that you want them to do when they get to your website. This is the website equivalent of the over-friendly store clerk that welcomes you and says "hey there ! did you know we have a 2 for 1 sale on men's underwear" and then gently leads you towards the boxers display.
Slowbizz.com is a newly launched social network for music lovers designed to facilitate house concerts for solo artists. They emphasize that they are focused on slowly building a solid infrastructure of hosts before touring begins. The service is free to join for both hosts and artist. Hosts guarantee a basic contribution and accommodations while artists pay when a tour is booked.
In Linchpin, Seth Godin encourages people to quiet their lizard brains and make things happen. On Music Think Tank, Shaun Letang encourages musicians to take action to move their music careers forward. Are you taking action or just dreaming of what your music career could be?
Do improving music sales mark a turning point or just a bump in the road downward? Find out later this week as NARM host “A Numbers Update” webinar presented by Nielsen SoundScan. It's free for Hypebot readers this Thursday, November 17th from 4 to 5 PM ET.
CD Baby, one of the largest distributors of music by independent artists in the world, has now paid over $200 million directly to musicians, according to new stats provided by the company. At the current rate of $40 million a year, CD Baby expects to cross the quarter billion dollar threshold in 2012.
Adva Mobile was featured on Hypebot in August for their free mobile websites for musicians. Now they're back with a crowdfunding campaign to help them bring the design aspects of their mobile portal and individual mobile sites up to the level of their backend and address what CEO Jack Kelly calls the problem of having a "Ferrari engine in a Chevy body."
Yesterday, we reported that iTunes Match finally launched alongside Apple’s iCloud service. We also reported that it allows the uploading of up to 25,000 songs purchased from iTunes and non-iTunes outlets.
Well it appears that if your library contains more than 25,000 songs not purchased from iTunes, you cannot use iTunes Match. Period. The details:
Google Music will probably launch without 2 major labels on Wed., but it has signed indie aggregator Merlin. They may also have a few tricks up their sleeves, including a partnership with T-Mobile who sent invites to an after-party at the same LA location.
- RIAA wants ReDigi out of the business of selling "used" iTunes tracks. (ars) What took them so long?
- Nokia has launched MixRadio, a Pandora-like music service powered by The Echo Nest. (All ThingsD)
- TAG Strategic has partnered with blueFROG to form a digital consultancy serving India and Asia. blueFROG combines a live venue in Mumbai with a promotion, licensing and distribution agency.
The much anticipated iTunes Match has finally launched 14 days after Apple's self-imposed deadline of the end of October. (Click on image on left to enlarge.) The $24.99 per year service functions alongside Apple's iCloud and allows uploading up to 25,000 iTunes and non-iTunes purchased songs onto Apple's servers for easy access on up to 10 computers and iOs5 devices. How To access iTunes Match:
8-year-old YouTube sensation Sophia Grace Brownlee has hit 21 million views of her rendition of Nicki Minaj’s “Super Bass”. The video became so viral, that it even attracted the attention of Ellen Degeneres, who brought Sophia and her cousin onto her television show, and surprised the two with a special meeting with Nicki Minaj herself.
While it was certainly a touching moment that made for great television, let’s add some context here in order to complete the story:
(UPDATED) According to a recent NPD Group/NARM study, Twitter was found not to be a top source of music discovery, nor was it even found to be a common outlet that people turn to after making a discovery.
(UPDATED) On a new episode of This Week In Music, filmed last week from New Noise Santa Barbara, Ian Rogers interviews MOG founder David Hyman on future plans for the company, the business of streaming, how its changed since the Facebook integration, and his early job at MTV whcih he calls one of "the worst experiences" of his life. WATCH:
Boston's Music Hack Day has come and gone with a bunch of interesting projects to show for the hackers' efforts. This was one of a number of ongoing Music Hack Day events that were founded by SoundCloud's Dave Haynes. Though not all of the resulting projects are available for use, those that are offer a good look at the possibilities that can result from a single day of hardcore programming with access to music resources.
(UPDATE) The invite I got last week from Google was only thinly disguised. Clearly a major music announcement is coming on Wednesday. But Google has disappointed me before with less than stellar music launches. According to CNet, they're about to do it again with a Google Music expansion that doesn't include music from Sony or WMG. Universal is definitely apart of the launch, but even EMI's involvement is unclear.
On Friday, EMI CEO Roger Faxon wrote to his staff (full text here) regarding the sale of the recorded music division to Universal. Now that the ink is dry on the deal to sell EMI's publishing division to a Sony led consortium, Faxon has sent a second memo to his team along with a revealing "Q & A" aimed at answering questions about the company's future.
From Roger Faxon:
Google recently added Google+ pages and we’ve created a page for Music Think Tank. Add us to your circles by clicking on the red google+ button below!
Though the Billboard 2011 Touring Conference & Awards focused primarily on the upper niches of the touring industry, there were worthwhile takeaways for indie artists. In particular, interviews with Russell Wallach, President of Live Nation, and with Nic Adler, owner of The Roxy in LA, supported the insight that as artists build their fanbases via social media, they are also establishing the basis for working with sponsors and getting gigs.
NEWS BRIEF: iTunes Match Launch, Spotify Expands, Universal Sues, CDBaby Direct, Occupy Music & More
Apple's letter to developers strongly suggests that iTunes Match could launch as early as today. (CNet)
- Spotify is ready to launch in Belgium, Austria and Switzerland, possibly as early as this week. The music streamer is currently in 8 countries. (paidContent) There's also a good roundup of plans international plans across the sector.
- Why Universal Music Sued Its Insurer Over a $14.4 Million Payment to Musicians (Hollywood Reporter analysis) The label allegedly held back royalties from song artists and in a settlement UMG paid out, but now it wants reimbursement.
The week's big news was the sale of EMI by Citigroup at prices that prove investors still value legacy music companies and catalogs. Universal grabbed the recorded music division for $1.9B and a Sony led group including Michael Jackson's Estate and David Geffen bought EMI Publishing for $2.2B. Join the discussion: What do you think of Universal buying EMI?
- Facebook: Stats Show Music A Big Hit, Company Releases Best Practices For Music,
- SoundTracking Scores $4.75M For Social Music App.
- Google+ Officially Launches Pages, Grab Your Band Or Brand Name Now.
The Music Industry
Thinks Out Loud
- Michael Brandvold: Why Is It So Hard to Give a Record Label My Money?
- Minh Chau: How To Reach Out To Industry Execs
It's official. A consortium led by Sony/ATV has purchased EMI Publishing for $2.2 billion. The deal will allow the publishing arm to operate as a separate company, unlike yesterday $1.9 billion deal which saw Universal gobbling up EMI's recorded music division.
Investor Group Including Sony Corporation of America Enters into Definitive Agreement to Acquire EMI Music Publishing from Citi
New York, London and Abu Dhabi – An investor group comprised of Sony Corporation of America ("SCA"), in conjunction with the Estate of Michael Jackson; Mubadala Development Company PJSC; Jynwel Capital Limited; the Blackstone Group's GSO Capital Partners LP; and David Geffen (the "Group") announced today the execution of a definitive agreement, whereby the Group will acquire EMI Music Publishing from a wholly-owned subsidiary of Citigroup, Inc. ("Citi") for total consideration of $2.2 billion.
(UPDATED) Jay-Z's Rocawear clothing line is producing a line of Occupy Wall Street inspired clothing, but has no plans to share ANY OF the profits, according to a spokesperson. The twittersphere lit up recently with a photo (click on image to enlarge) of Jay-Z backstage with Russell Simmons and wearing a modified "Occupy Wall Street" shirt with the "W" crossed out and and adding an "S" to make it read "Occupy All Streets".
For years there have been four major label groups. If the sale of EMI to Universal goes through - and given EU anti-trust regulations it is an if - there will only be three. Is this bad for the music industry or good given shrinking music sales and the seismic shifts of the last decade? Or should our attitude be,"Who the hell cares?". (My thoughts are below.) Tell us what you think in the comments section:
(UPDATE) In an email circulated today, EMI CEO Roger Faxon informed his team that despite his best efforts, label and publishing would be split with the recorded music division sold to Universal. While widely reported in the media as a done deal with Sony, Faxon says that he hopes "to be able to share more detail on EMI Music Publishing shortly". Here it the full text of Faxon's lettter to EMI staff: