- Lukas Camenzind | How Cover Songs Can Take Your Music Career to the Next Level
- Jessica Blankenship | 6 Things Every Indie Artist Needs To Know In 2014
Volu.me is a band app-making company with which I was unfamiliar till I heard of their use of iBeacons to reward fans at shows based on their location in the venue. The use of iBeacon tech has a lot of implications but this is the first I've heard of a band app using it for fan rewards. It's also the first I've heard of Volu.me whose app service looks quite impressive and closer to being a complete offering for band/fan relationships than many on the market.
The 3rd annual EDMbiz Conference & Expo heads to The Cosmopolitan Hotel in Las Vegas June 17 through 19 with the addition of an expo featuring EDM-related brands. The initial speakers list is quite broad and even includes Bob Lefsetz who will appear for a "special conversation." Additional highlights include keynote panels with Hardwell and Above & Beyond and a new EDM consumer report from Nielsen. EDMbiz takes place in the initial days of EDC (Electric Daisy Carnival) Week.
Lueda Alia has found success on both sides of fence as a writer/editor and a publicist. She currently runs multi-media site MadeOfChalk.com and is the Director of Industry Relations at 24West.
The issue of internships has become a hot topic in the music industry lately, and I, for one, welcome the debate.
Crowdfunding has become a part of the landscape largely through platforms that have legitimized its variations from Kiva's microlending to Kickstarters' rewards-based crowdfunding. With equity crowdfunding still on the way in the States and most crowdfunding platforms project rather than business-based, there haven't been many options for crowdfunding a new business rewards-style. Local Lift is a new rewards-based crowdfunding platform for local brick & mortar businesses like record stores and clubs.
Live Nation is standing by a decision to refund just 50% of the ticket price for a Janelle Monae and Kimbra show that was cut short after Monae took ill. The performance, part of a Live Nation-produced tour of Australian and New Zealand, took place on May 17th. Kimbra performed, but the audience was then told that Janelle Monae was too ill to perform.
You can read more of Chris Robley's writings on the DIY Musician Blog.
Facebook pages seem to be less and less useful these days for promoting music, especially when we’re talking about your average independent band that doesn’t want to drop a bunch of cash just to reach fans that have already liked their page.
But one aspect of a Facebook page that IS still useful is the Facebook Events feature. Since Facebook pages are public, you can use your Facebook Events to announce shows, get people excited, and encourage fans to share information about your band with their friends.
The full text of the FoMC statement (bold added):
Proposed legislation is a step in the right direction, but doesn't go far enough.
Today, Representatives George Holding (R-NC) and John Conyers (D-MI), will introduce the RESPECT Act, a bill meant to create a limited performance right for the use of sound recordings by satellite and Internet radio companies.
Kayne and Kim are a couple of days into there honeymoon; and that PR bonanza added to World Cup mania has proven a winning combination for Adidas. Titled "The Dream", the spot which features Kayne's new track "God Watch" has over 27 million YouTube views a few days after release. How much has the use of music in commercials evolved? If a track titled "God Watch" by the mercurial West weren't controversial enough, the lyrics include the line, “You see sharks in the water. Then they try to do nothin’ but put cocks in your daughter.”
Being successful as an indie artist is not for the weak of hard. It takes more than blood, sweat, and tears to get noticed and to turn a profit. If you haven't made a plan for your career, you're going to want to take some notes. Putting yourself out there is imperative. Playing shows, networking with talented people within the industry, promoting your music - all of those things are absolutley critical to your success.
Apple has acquired Beats for $3 BIllion. After much negotiation, Beats Electronics and the new Beats Music Service was acquired for a purchase price of $2.6 Billion and roughly $400 Million to vest in time, a lower price than the $3.2 Billion earlier speculated. This is Apple’s largest acquisition to date and will generate millions for majority stake holders and co-founders Dr. Dre and Jimmy Lovine as well as 14% stake holder, Universal Music Group. Apple CEO Tim Cook is quoted saying that part of the Beats team will move to Apple including the co-founders and their team who will report to Apple’s senior vice president of internet software and services, Eddy Cue. With the decline of download sales from itunes, Beats Music Streaming Service could better help Apple merge into the growing streaming market.
Apple valued Beats Music at just under $500 million when calculating its $3 billion offer and subsequent deal to buy Beats, according to new reports. $500M is a very aggressive price for a 4 month old music service with just 250,000 subscribers.
Apple paid $2000 per user for Beats Music.
Android users who are Rdio Unlimited subscribers can now enjoy gapless playback which allows for a seamless experience rather than gaps between tracks. iOS user will get the feature soon. Gapless playback is especially noticeable when listening to live concerts, retro concept albums, comedy shows, and classical music.
Music Business News & Views From Around The Web
Updated Continuously @ Hypebot's More News Tab
Amazon will add free music streamING for Amazon Prime members as early as June or July, according to a new report. Deals with the major labels have been completed. Amazon's twist, which allows them to add free streaming to $99 Prime subscribers who already get free 2-day shipping and free streaming, is that only releases 6 months old or older will be included, according to Buzzfeed.
(UPDATED) Amidst all the news about the acquisition of Beats Electronics, we've heard very little about the CEO of Beats Music, Ian Rogers. Yes, Jimmy Iovine is the big boss at Beats, but given the prominence of the streaming music service in coverage of the acquisition, one would think the CEO of said service would get a bit more ink. Yet this sense that Rogers is missing from the news has been part of the story of Beats Music all along.
Just as Craigslist seems incapable of being undermined even as a long list of businesses focus on doing a better job of its subcategories, YouTube seems likely to remain a powerhouse even as companies like Vevo attempt to build their own platforms. Two big examples of rivalry and alternatives were announced recently. One, Yahoo's "YouTube rival," seems to be making a play for creators. The other, a video-on-demand site from YouTube MCN Fullscreen, is making a play for the fans.
From musicians responding to fans' smartphone habits to a variety of studies regarding mobile devices and live shows, it's clear that mobile devices, especially smartphones, are becoming a bigger part of the live music experience. A new study from the Interactive Advertising Bureau and InMobi, a native ad exchange, gives an updated look at concert-goers use of mobile devices. Though it appears mobile use is high at all stages of events, its strongest current use is in the planning and information gathering stage.
Eddie Cue, the widely respected Apple executive that spearheaded the deal to buy Beats Electronics and Beats Music, is also the person who Jimmy Iovine, Dr Dre and the rest of the Beats team will report to. But just a few hours after inking the $3 billion deal, Cue expresses a very pessimistic view of the state of the music industry.
1. Done is not really done: While the deal might be "done", as public traded company it is subject to regulatory approvals. Apple expects the transaction to close in fiscal Q4, but we've occasionally seen things go astray.
2. Dr. Dre is still at the big boys table, but just barely: While his name was mentioned and his photo taken, not one of the official announcements quoted Dre and he was absent from key post-announcement interviews.
“Thank you, [insert appropriate city]! Goodnight, everybody!”
Okay, you’ve just melted the faces of your largest crowd to date. Now what? Hang out in the green room? Drink at the bar? Go to the hotel or home?
No, no and no.
When you get push the fanboys dreaming about a Jimmy/Dre Apple takeover, reaction to Apple's $3 billion deal to buy Beats Electronics and Beats Music, as well as, to give Beats execs key roles in Cupertino, is at best mixed. In fact's is general pretty pesimsitic.
"Deals like Beats won’t be the last such deal. As a friend of mine once told me, that for most of us — time buys us money, for those who are rich, money buys time. Apple’s just buying time!" - Om Malik, founder GigaOm
SoundExchange today joined with 70+ major recording artists to launch Project72, a campaign to ensure digital radio payments for musicians and rights holders who recorded prior to 1972. Project72 is designed to support today’s introduction of The RESPECT Act by U.S. Representatives George Holding (R-NC) and John Conyers (D-MI). The bill would require equal payments for pre-1972 recordings.
By Mark Mulligan of Music Industry Blog.
Although the Apple-Beats deal is about far more than just streaming music, it is nonetheless an important part of the puzzle. Apple has been going slow with streaming, introducing cloud experiences (iCloud, iTunes Match, iTunes Radio, Video rentals) slowly so as not to alienate its less tech-adventurous mainstream user base. That strategy remains valid and will continue, but it has failed to protect the defection of its core, high value, early adopters.
As CEOs often do, Apple's Tom Cook reached out to his team minutes after the deal was announced. In this wide ranging and revealing memo, Cook shares why he bought Beats, how the companies will work together and how important he thinks music is to the future of Apple. We've bolded some text to emphasize key takeaways.
Music Business News & Views From Around The Web
Updated Continuously @ Hypebot's More News Tab
Apple announced on Wednesday that it has acquired streaming music service Beats Music and Beats Electronics, makers of Beats headphones, speakers and audio software. As part of the deal, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple in a non-specified executive roles. Apple is acquiring both companies for a total of $3 billion - $2.6 billion now and approximately $400 million that will vest over time. From the statement:
CUPERTINO, California - May 28, 2014 - Apple® today announced it has agreed to acquire the critically acclaimed subscription streaming music service Beats Music, and Beats Electronics, which makes the popular Beats headphones, speakers and audio software. As part of the acquisition, Beats co-founders Jimmy Iovine and Dr. Dre will join Apple. Apple is acquiring the two companies for a total of $3 billion, consisting of a purchase price of approximately $2.6 billion and approximately $400 million that will vest over time.
When new festivals are announced for Washington State's Gorge Ampitheater, where the Sasquatch Festival is about to occur, Dr. Fernando Dietsch checks out related music in order to guess which kinds of drugs and what kinds of harmful activities are likely to occur. He admits to stereotyping but it's necessary when you run a tiny E.R. and have to plan ahead. Not only that but the costs of providing additional services hit $400k last year and that has to change.