Vann Alexandra Daly goes by Alex but she's also known as the "Crowdsourceress" for her role in raising millions of dollars via Kickstarter for numerous films. Her reputation led Neil Young's people to recruit her for the Pono Music campaign on Kickstarter which she has led past $5 million and counting. These days Alex Daly is also sharing tips and spreading the word about crowdfunding with the support of the Knight Foundation.
Inthemix has just published its Power 50 - a list of the 50 most powerful people in dance music globally. It's the result of almost a year and hundreds of hours of research and interviews with 100+ industry leaders.
No, I haven't heard anyone call Robert Sillerman a racist for his hip hop parody that went viral last week but in a lot of contexts he would be. In others he'd just look dumb. Good thing it was all internal fun, right? Not so fun was the market's reaction to SFX Entertainment's fourth quarter report which inspired new lows for SFXE. During their conference call some uncomfortable questions were raised but, in the end, analysts were mostly pleased.
With a growing number of music and entertainment related companies going public, we've added a Yahoo! Finance stock tracker to the lower right column of the site. You'll find continually updated quotes for 10 top stocks: Amazon, Facebook,Google, Live Nation, Pandora, Sirius XM, SFX Entertainment, Sony, and Twitter. If you think we've missed one, let us know in the comments below.
Spawnsong is an interesting new take on a music sales and discovery platform. Musicians upload song snippets and listeners can preorder the track-in-progress. It seems to be getting shoveled into the crowdfunding category though it's simply a presale platform. As the founder Justin Kim clarifies, it's an experiment to see if such a platform can attract listeners interested in quickly discovering new music.
BandPage, a free online marketing and monetization platform for musicians, has raised $9.25 in Series C funding. The round was led by previous investors GGV Capital and Mohr Davidow Ventures and brings BandPage’s total capital raised to over $28 million.
Personalized online radio service Raditaz, which went offline in November, has re-branded as CÜR Media and raised $9.6 million with a reverse IPO. The company plans to launch a new service this Fall that it says will combine net radio services like Pandora and on-demand services like Spotify.
AM NEWS BRIEF: Juno Award Winners, AIM Music Startup Loans, Yahoo Seeks YouTube Stars, Decluttr & More
Music Business News & Views From Around The Web
- Broadcast Radio Is Digital’s Most Desired Partner
- Clay Shirky: The Fragmentation Of The Social Web
- Wu-Tang's One Copy Album: Can Art Hype and Collectors' Items Teach Music's Value?
- 10 Secrets Of Social Media For Musicians
- What To Do When Your Album Leaks
- 10 Steps To Building A Career As a Full-Time DIY Musician
- CD Baby Sync Licensing Paid $400K To Indie Artists In Last 3 Months Of 2013
- Is Amazon Announcing A Free Streaming Service Next Week?
- Musician Seeks $5.2 Billion In Damages From Apple, Amazon and CD Baby
- Twitter's New Music Strategy: Vevo Music Videos, Beats Music Ads, SoundCloud Partnership
- The Full List Of Record Store Day 2014 Exclusive Releases
- Last.fm Shuts Streaming Music Service
"The Wu – Once Upon A Time In Shaolin..." is the first piece of a larger experiment (yes, bigger than Wu-Tang) that references high art market practices as an inspiration for the ultimate Wu-Tang collectors' item. The double album includes numerous members of the Wu-Tang Clan, production and inspiration from Moroccan-based Wu-Tang affiliate Tarik "Cilvaringz" Azzougarh and the leadership of RZA presented in the form of an elegantly packaged single copy album. But will it change our understanding of the value of music? I don't think so.
Yesterday Twitter announced some updates that should be of great interest to those marketing music. You can now add up to 4 photos per tweet and can also tag up to 10 people in the photos without adding to your message limit. It sounded like a mess until I saw some examples but the multiple photos are a nice look. Just remember to check your settings to cut down on tag spam.
The fragmentation of traditional media and demise of print magazines has given rise to hundreds of influential music blogs. Each with their own point of view blog from th well known Pitchfork to the much less well know Daily Swarm have become music's new gatekeepers. Style Of Sound has combined Klout scores, other analytics and touch of editorial discretion to create their list of most influential music bloggers.
Global digital music revenues hit an all-time high of $5.9 billion in 2013. Income from streaming services, both ad-supported (+17.6%) and subscription-based (+51.3%), saw growth that offset a small decline in download revenues (-2.1%). Observers believe that download sales may have reached their market peak as streaming music services from Pandora to Spotify gain in popularity.
With the acquisition of The Echo Nest by Spotify opportunities have opened up for competing services. Lots of talk is going on behind the scenes causing industry panelists to sidestep relevant questioning. Recently The Filter, a digital media recommendation service, launched Responsive Radio providing a user interface and adaptive playlist generator for white-labeled music services.
Steven Tyler visited Congress this week to lobby for protection of intellectual property rights for songwriters. Steven Tyler is one of many public figures who has come out in support of songwriters and publishers following the The Songwriting Equity Act bill being introduced by Congressman Doug Collins this past February. After a few days of lobbying, Steven Tyler held a special concert near the Capitol building where many congressmen were in attendance including Congressman John Conyers who joined him onstage for his song, “Walk This Way”.
Amazon is in talks to launch a free ad-supported streaming music video and television service. Amazon will also add free music videos with advertising to people visiting its retail website, two of the people familiar with the talks told the Wall Street Journal. For example, a search for Bruce Springsteen downloads would also show an option to watch his "Born in the U.S.A." video.
Music Business News & Views From Around The Web
Want to know want new track the twittersphere is going gaga about right this very minute? Soon you can, thanks to a Billboard and Twitter new partnership to create the "Billboard Twitter Real-Time Charts". Joining the magazine's 200 other charts (yes, there really are that many Official Billboard Charts), these will track the top songs discussed and shared on Twitter both in real-time and over an extended period, as well as, those of up and coming acts.
An integral part of the recent MIA Music Summit was the Music Hackday that preceded it over the weekend at The LAB Miami. Building community is an important part of the process of building a tech scene and that's the core focus of most hackathons. In addition, a group of five finalists was chosen to present at the Summit and one, iRemix, was honored with a commercialization award.
Hey reader! Have we mentioned that the third Hypebot meet up was a enormous success? You showed up in droves and droves. You packed the panel. You sat quietly and listened. You packed the upstairs kitchen. You drank all the beer and wine. You helped yourself to cookies, chips, and peanuts. Most importantly, you talked to your “busy” friends and met several new ones, too.
Last year Pete Tong brought his Ibiza International Music Summit to Los Angeles as IMS Engage and it returns this year on April 16. Last year's unique approach also returns with surprising pairings of speakers. The first two pairs were announced yesterday bringing together Moby and David Lynch speaking across disciplines and Hans Zimmer with Junkie XL speaking across generations. Sounds like a mind-opening opportunity.
In his always enthusiastic style, Jamie Leger offers practical advice for overcoming what he calls the Starving Artist Syndrome: The Modern Epidemic for Artists and Creators.
First I must acknowledge and thank you for all your feedback and support-it has been incredible, and as always, I’m proud to be on the other end-serving you with the best stuff I can. Hopefully, some of it is even good!
It seemed to be a widespread conclusion that the Twitter #Music App was essentially dead long before the announcement that it was being pulled. Though critics continue to address the topic from time to time, focus is now moving on to Twitter's future plans. According to two writers for WSJ.com and their sources, Twitter will roll out a new music strategy this very week. It's claimed they also met with Beats Music, want to work with SoundCloud and are adding music videos from Vevo.
Songza is as adding data from the The Weather Channel to enhance its context driven music streaming service. With the new partnership, in addition to the day, time, device type, location and past behavior, Songza will use weather data to better predict the users state of mind of the user and what music "can be served to improve it."