Webcast Listening Has 12% Year On Year Growth, Spotify Averages 2.5M Simultaneous Streams

Arrow_Up_Green_Transparent_PNG_Clip_Art_ImageSpotify reached a record 2.5 million average simultaneous streams in October of last year, according to Triton Digital’s Top-20 ranking. Pandora stayed steady around 2 million average streams while over all webcast listening grew 12% year of year.

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SEC Charges Major PledgeMusic Shareholder With $25M In Penny Stock Fraud

PledgeMusicJoshua Sason, whose Magna Group is one of PdgeMusic's largest investors, has been sued by the U.S. Securities and Exchange Commission for fraud. A Friday SEC filing accuses Sason of an elaborate scheme to illegally obtain $25 million in shares of penny stock to unload on investors.

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Rhapsody and Napster To Pay Songwriters Up To $10M In Class Action Settlement

image from cdn.pixabay.comThe law firm representing musician and artist advocate David Lowery and other songwriters has filed a motion for preliminary approval of a settlement that will see self-published songwriters paid as much as $10 million by Rhapsody and it's Napster music streaming service.

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SoundCloud Adds Free Distribution To Spotify, Apple Music To All Pro Accounts

Soundcloud-logoSoundCloud has added free digital distribution to its SoundCloud Premier monetization toolset. With the new feature, creators monetizing music on SoundCloud can distribute to Amazon Music, Apple Music, Instagram, Spotify, Tencent, YouTube Music and other music services directly from their SoundCloud account.

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Truth: The Next Big Data Opportunity

1As the reality of data harvesting settles in among consumers, music tech companies are forced to choose where they in the coming privacy war, a where in which honesty and transparency could provide the greatest competitive advantage.

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Songtradr Acquires Big Sync Music

image from d2wbsh8jsobsq.cloudfront.netMusic licensing platform Songtradr has acquired global music licensing agency Big Sync Music. The combined companies will offer Songtradr clients more access to top tier brands and give Big Sync direct access to Songtradr's massive catalog and propriety technology platform.

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PledgeMusic Issues An Incomplete Update

PledgeMusicPledgeMusic issued an update late on Friday, but failed to address the core concerns of artists affected by non-payments and the complete suspension of all crowdfunding campaigns almost two weeks ago.

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Spotify Reports Growth and A Hint of Profitability, But Questions Remain [Mark Mulligan]

SpotifyMIDiA analyst Mark Mulligan takes a deep dive into Spotify's latest public numbers and finds some areas for real concern. "Spotify is growing its subscriber base markedly more quickly than it is growing its premium revenue," says Mulligan, and that is resulting in declining average revenue per user (APRU).

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How To Label MP3’s With Song Information (Meta-Tags)

1For the DJs and bloggers who have to deal with your MP3s professionally, few things are more frustrating than having an artist provide music which is unlabeled and contains no meta-tag. Correctly labeling your music is, as luck would have it, actually not that hard, and here we walk through exactly how to do it.

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This Week In Music Commentary

6a00d83451b36c69e201bb09aae429970d-100wiThis week commentators in the music industry look at what what Billboard's Power 100 list got right and wrong, streaming's significant problem with math, why Ariana Grande's fans are the fans every artist needs, and more.

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TOP POSTS: This Week’s Most Read Posts On Hypebot

6a00d83451b36c69e201b7c907b568970b-150wiThis week on Hypebot, some of our most popular articles explored PledgeMusic's shutdown and alarming silence, SoundCloud's outstripping of Spotify in the content department, how artists can use affordable Spotify ads to promote their music, and more!

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Marshmello Fortnite Concert May Reveal Next Realm For Artists

1While the idea of performing to thousands may be dream for many artists, DJ Marshmello took things to an even higher level, with a recent in-game Fortnite concert which drew in millions of viewers. Virtual concerts may not be a new thing, but technology and gaming culture have developed to a point where such performances offer a whole host of exciting opportunities for fans and artists alike.

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YouTube's ContentID System Being Repurposed By Blackmailers Thanks To Its Failings

YouYouTube's content ID system has long been maligned by the music industry for its multifaceted failings. The minimal staffing YouTube provides regarding copyright claims has left the system vulnerable to misuse and, most recently, outright extortion.

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Amuse To Utilize Machine Learning To Calculate Royalty Advances

1Royalty advances are typically an unpredictable shot in the dark about what an artist is worth, with publishers seeking to keep it as low as possible, while artists work to squeeze as much money out as possible. In hopes to remove some of the polarizing ambiguity from this process, Swedish AI platform Amuse with soon begin calculating these payments using machine learning.

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Identity Theft New Trend In Music Piracy

1Music piracy has existed as long the music industry itself, but like every thing else in the biz, it's constantly changing and adapting. The most recent trend appears be impersonation, and has digital buccaneers pinging labels and publicists, claiming to be an artist or manager in order to access their music.

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PledgeMusic Shutdown Continues

PL1The suspension of all music crowdfunding campaigns on PledgeMusic continued Tuesday, six days after they began. The company has been silent since last week, leaving thousands of musicians in the dark and in many cases, owed tens of thousands of dollars in funds pledged by fans.

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Streaming Music Revenue Up, But Per Song Rates May Have Dropped In 2018

1In this piece, Bobby Owsinski breaks down some complex recent streaming data, which highlights the disparity between the royalty rates paid out by major streamers (with YouTube coming up particularly short) as well as the contextual challenge of drawing accurate information from these kinds of data sets.

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Bandsintown Relaunches Facebook Event Export

image from pbs.twimg.comBandsintown and Facebook have partnered to relaunch the popular concert discovery platform's Facebook Event export feature. Once a day, Facebook scans Bandsintown events and automatically populates the Events tab on artists' Facebook Page as part of the Facebook Events service.

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