As record labels push to monetize fandom yet again, the are reviving an old playbook. But will today’s artists play along? The recorded industry’s future may hinge on expanded rights deals and there ability to finally deliver on their promise, writes Tatiana Cirisano of MIDiA Research
Last week we’ve shared major stories from the stage and beyond, including a critical look at Live Nation by the Wall Street Journal, why concerts tickets are so pricey, ticket resales, the NIVA conference and more.
Here’s a roundup of the key music business news last week with highlights including Live Nation, the NIVA Conference, Quebec’s battle with Spotify and more.
Why are concert tickets so expensive? This analysis breaks down what’s behind rising prices – from rising expenses to high demand, ticket fees and even streaming.
In the latest live music news, Wasserman Music has added two executives that specialize in Hip-Hop and R&B to its Global Festivals and artist representation teams.
While the industry scrambles for hits and music venues struggle, smaller themed parties like bardcore raves and underground music venues are building real communities, one chainmail outfit at a time.
“The manipulation of inventory, unchecked speculative listings, and aggressive affiliate networks have created a system where fairness (in ticket resales) is neither expected nor delivered,” says artist manager and ticketing crusader Randy Nichols on fairness in ticket resales.
Soft power hasn’t disappeared – it’s just moved online, where tech companies now shape what we watch, share, and care about. Behind the screens, writes Mark Mulligan of MIDiA. algorithms are quietly rewriting the rules of culture.
With the internet and digital technologies driving rapid change within the music industry, articles about new releases and who has been hired and fired are no longer enough. Our up to the minute industry news alongside insightful commentary helps our readers sift through the rumors and developments to find the information they need to keep their businesses moving forward.
Hypebot is read daily by more than 30,000 music industry professionals including executives and senior staff of music related tech firms, internet based music sites, every major label group and most indies as well as many managers, artists and members of the live music community:
