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Spotify Files $1 Billion Initial Stock Offering

Spotify new[UPDATE 3 ] Spotify has filed its long rumored initial stock offering seeking $1 billion from the public markets.  Unlike the traditional IPO, Spotify, which will trade on the NASDAQ using the ticker symbol SPOT, is offering guidance of between $90.00 and $132.50 per share, based on recent private stock sales.

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How To Have A Successful SXSW 2018

1Love it or loath it, SXSW is an important time for the music industry and those involved with it, presenting a vast wealth of opportunities for growing your brand, networking, and also enjoying the show. With so many options, we here assist in how best to break down your time at SXSW, whether you're a first-timer or seasoned vet.

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Led Zeppelin Embraces Record Store Day With New Release

photo by Happybeatle2 via WikemediaYou may want to get in line early this Record Store Day.  In advance of Led Zeppelin’s 50th Anniversary celebration, slated to commence this September, the band will wet fan’s appetites with their first ever Record Store Day release on April 21st, 2018.

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How to Use Facebook Live to Promote Music

image from i2.wp.comRecent changes in Facebook's algorithm have sent musicians and music marketers scrambling for new ways to grab the attention of the social network's massive audience. The jury is still out on most tactics, but one thing is certain: Facebook ranks and delvers more eyeballs to live video. 

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$58.8M Later Ticketer Razorgator Joins Startup Deadpool

image from crunchbase-production-res.cloudinary.comOnline ticket marketplace Razorgator laid off the staff at its Marina del Rey headquarters and locked the doors yesterday.  No ticket inventory is available on its site. The startup has hired David M. Johnson of financial advisory firm Sherwood Partners to assist with the “formal insolvency process.”

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Another Music Licensing Deal Signed For Facebook

2While Facebook hasn't entered into the streaming game yet, it does seem to be leaning that way, having recently dipped a second toe in after signing a deal with ICE Services, a licensing group representing several European performing rights organizations.

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Amazon Prime Music Streaming Adds India

Amazon-prime-musicAs rumored, Amazon has rolled out its Prime Music service in India, with apps available for web, Android and iOS.  The streaming service is now included in all Rs. 999/$15 USD annual Amazon Prime memberships which includes shipping, video and other perks.. Local competitors including Saavn, Gaana, Apple Music and Google Play Music charge between Rs. 1,200 ($15) and Rs. 1,440 ($22) yearly, just for music

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Just 2 U.S. Festivals Join Pledge For Gender Equality

image from upload.wikimedia.org45 music industry conferences and festivals have pledged to achieve a 50/50 gender balance across their festivals by 2022,  including live line-ups, conferences and commissions. The international effort, which is led by the PRS Foundation’s International Keychange, has signed on dozens of major European fests and conference, along with 4 events in Canada and just 2 in the United States.

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Midemlab Launches 2018 Music Tech Startup Competition

MidemlabLeading international music conference Midem has launched the 2018 edition of its Midemlab music-related startup competition, with Kima Ventures, Ticketmaster, Google, and Tencent joining the jury. Midem will be in Cannes, France June 5-8.

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One Senator's Vote Can Stop Net Neutrality Repeal, Join Operation: #OneMoreVote

OneMoreVoteOne U.S. Senator's vote is all that is need to help stop the repeal of net neutrality. Today, Tuesday, February 27th, please join us and other net neutrality supporters and major web platforms in Operation: #OneMoreVote, a mass day of online and offline action.

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Splice Acquires Online Music Community Indaba, Free Rubber Tracks Sample Library

splice X indabaMusic collaboration tech developer Splice has acquired Indaba Music. Indaba is an online music community of more than a million creators. Indaba’s Founder Dan Zaccagnino and CEO, JJ Rosen, a former Sony exec, will join Splice’s executive team, bringing along eight team members. Terms of the acquisition were not disclosed.

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Shareholder Lawsuits Against Spotify Just Got Easier

1While there has long been a crusade from the powers that be to de-fang small publishers and independent songwriters as much as possible to prevent them from suing major companies like Spotify, the streaming platform's new public status could shareholders a legal leg-up.

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Ed Sheeran Tops World's 10 Best Selling Musicians 2017

Ed Sheeran LiveGlobal recorded music industry trade group IFPI has named Ed Sheeran as the world’s best-selling recording artist of 2017 following the record-breaking success of his third studio album ÷ (Divide) and its global single hits Shape of You, Castle on the Hill, Galway Girl and Perfect.

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