Revelator Launches Artists Wallet To Enable Real-Time Royalty Payments

image from photos.prnewswire.comMulti-territorial music rights administrator Revelator has launched Artist Wallet, a mobile copyright app that uses smart contracts technology to turn future receivables into instant royalty payments. Slow, delayed and inaccurate distribution of royalty payments have long afflicted the entertainment industry.

 

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Music Think Tank: Call For Your Submissions

MTTNewA big thank to the devoted MusicThinkTank readership and the valuable and insightful content that many of you have shared, But we want more smart people to join the party.

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If You Ever Ran Or Contributed To A PledgeMusic Campaign DO THIS NOW!

image from cdn.pixabay.comWith PledgeMusic entering the UK equivalent of bankruptcy and calls for an investigation intensifying, the future of all of the data stored on the platform is seriously in doubt. Whether you are an artist who used the platform to raise funds or a fan who contributed to a campaign, you are urged to download all of your data now. Here is how:

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Tencent Music Reports Subscriber, Revenue Growth Amid Management Shakeup

image from celebrityaccess.comTencent Music announced that  co-president Guomin Xie has abruptly resigned. The dominate music streamer in China also reported that monthly actives increased 4.6% from 625 million in Q1 2018 to 654 million in Q1 2019. Paid monthly actives also increased by an impressive 27.4% to 28.4 million in Q1 2019.

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Spotify 'Storyline' Let's Artists Tell Stories Behind Their Songs Instagram Style

Spotify newSpotify is widely testing its own version of Instagram Stories for musicians and songwriters. "Storyline" provides curated commentary about each song running slideshow-style as the song plays 

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SoundCloud Adds Pioneer DJ Integration

SoundCloud_logo (1)SoundCloud has launched its latest DJ software integration with Pioneer DJ. Through its We DJ app, SoundCloud users can instantly stream and mix SoundCloud’s catalog of 200 million tracks from  20 million creators.

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Maren Morris Warns Streamers About Bro-Heavy Playlists

image from images-na.ssl-images-amazon.comMarren Morris has found country music stardom with big does of help from Spotify, Apple Music and other music streamers. Her album ‘Girl’ notched 24 million streams in the US on the week of its release.  But her biggest fear is the music streaming become too much like country radio.

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King Crimson Shades Spotify With Apple Music Exclusive

image from i5.walmartimages.comKing Crimson, one of the last major streaming holdouts, has finally made its entire catalog available. In an apparent dis to market leader Spotify, the classic rockers has made all 13 albums available only on Apple Music.

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Soundstripe Raises $4M For Video Music Licensing

image from cdn.uc.assets.prezly.comNashville music tech startup Soundstripe has closed a $4 million Series A financing round led by Vocap Investment Partners. Soundstrip offers subscription based royalty-free music micro-licences to YouTubers, advertisers and other video creators.

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What The Fall Of PledgeMusic Means For Artists [Music Biz Weekly Podcast]

PledgeMusic NewWith the news that crowdfunding platform PledgeMusic is entering Administration, the UK equivalent of bankruptcy, music marketing veterans Michael Brandvold and Jay Gilbert of the Music Biz Weekly podcast explore what went wrong, was it means for artists and the future of music crowdfunding.

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PledgeMusic Story Is Starting To Sound Like A Broken Record says Bandzoogle's Dave Cool

image from diabetesdad.orgThe demise of PledgeMusic and the hundreds of musicians left in its wake are a sadly familiar story for music industry veteran Dave Cool of Bandzoogle. "The company takes on millions in investment to support rapid growth," writes Cool. "Flashy headlines ensue." But when things fall apart, too often it's the unsuspecting musicians that suffer.

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NMPA Chief Compares Spotify To Uber As Songwriters vs Streamers Battle Escalates

image from theurbanbuzz.comOn the day that Uber went public, NMPA head David Isrealite used the IPO to fire the latest salvo in the escalating battle the pits music publishers and songwriters against Spotify and other music streamers.

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Rolling Stone Music Charts Launch Delayed Indefinitely

image from www.underconsideration.comThe launch of music charts on Rolling Stone has been delayed indefinitely. Originally scheduled to launch on Monday May 13th, the charts will be the first to offer a widely distributed alternative to the Billboard charts.

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REWIND: The New Music Industry’s Week In Review

6a01b7c7aa2d2b970b01b7c907b5d7970b-100wiIn this rummage back through a busy week of music industry happenings, we revisit Facebook's new video ranking system, the problem of how pervasive anxiety and depression is in among independent musicians, check back in on Fyre Fest's Billy McFarland (now penning a new memoir from jail), and more!

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Move Over Music, Spotify App Redesign Spotlights Podcasts

Spotify new rectangleSpotify's $500 million investment in podcasting is driving a new version of its app that will give podcasts more prominence. The goal is to make it easier to find and listen to podcasts.

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Industry Calls For Gov't Investigation Of PledgeMusic As Crowdfunder Enters Administration

image from cdn.pixabay.comUPDATED: UK Music CEO Michael Dugher is leading a music industry campaign demanding that Small Business and Consumer Minister Kelly Tolhurst refer PledgeMusic to watchdogs at the UK's Competition and Markets Authority.

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Artists, Music Industry React To PledgeMusic Bankruptcy

PledgeMusic NewAs news that PledgeMusic was declaring the UK equivalent of bankruptcy, reaction was swift and almost universally negative. Many blamed PledgeMusic's management and board of directors.  "I honestly don't know how they sleep at night," said veteran music marketer Jay Gilbert.

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8 Amazing Web Resources Designed For Musicians

1As social media promotion becomes increasingly difficult for artists to to do for free, band websites have now become one the most important marketing resources you have. That said, maintaining and customizing a website can be touch trickier than social media platforms - luckily there are a number of great resources out there designed specifically to help artists do just that.

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Fan Data Drives 5 New Bandsintown Big Break Artists

BIT FistConcert discovery leader Bandsintown has named five new developing artists to its Big Break fan-driven emerging artists program. An early identifier of success, Bandsintown's live music insights identify acts who have seen a notable increase of trackers on the platform within a six month period.

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Free SPLITS App Makes Songwriter Splits Super Simple

image from ci4.googleusercontent.comThe new free SPLITS app from Create Music Group is designed to eliminate songwriting disputes between writers, producers and artists.by generating a free split agreement - the document music publishers use to clarify individual contributions to a song.

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New York Music Month Returns In June

image from celebrityaccess.comOrganizers for New York Music month announced its return for a third year. Set for June, the expanded event includes a music and technology-focused music conference, a series of free concerts in the Bronx and Queens, workshops aimed at the LBGTQ+ community, walking tours of musically significant locations in the city and more.

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Ex-PledgeMusic CEO Benji Rogers Pens Letter Of Apology As Crowdfunder Files For Bankruptcy

image from pbs.twimg.comPledgeMusic co-founder and former CEO Benji Rogers penned an open letter after it was announced that the troubled crowdfunder would be filling for bankruptcy. "I went back into PledgeMusic just over three months ago as a volunteer to try and help the board and team turn around and sell the company," said Rogers, "but I am sad to report that this effort has not met with success and that PledgeMusic will shortly be heading into administration."

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PledgeMusic To Enter Administration As Sale Falls Through

PledgeMusic NewA prospective sale of PledgeMusic has fallen through, and the company will enter administration, the UK equivalent of bankruptcy, sources with direct knowledge of the situation tell Hypebot.

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