Sony Sells $750M Spotify Stock, Will Artists Get Fair Share?
Sony has sold half its 5.7% stake in Spotify, Sony Corp. CFO Hiroki Totoki told Wall Street yesterday. At Spotify's average stock price, the sale netted Sony more than $750. Continue reading
Universal Music, WITHIN Partner For Music-Focused Augmented Reality, Virtual Reality
The scramble to combine music with augmented and virtual reality is accelerating with a new deal between top music group Universal and tech company Within. The startup has raised $56.6 million. Continue reading
Are Irving Azoff & James Dolan Trying To Buy Rolling Stone?
Last month we learned that music magazine Rolling Stone was for sale. Now we're learning who was and apparently is still trying to buy iconic title including uber-manager Irving Azoff,. Continue reading
Warner Music Responds To Songkick Concert Listing Concerns: ‘We’re still here for you”
After Songkick announced that it was shutting down its concert ticket sales division, many musicians and music marketers became concerned that Songkick's popular concert app and artist focused Tourbox service. Continue reading
Independent Music Labels Capture Growing 38.4% Market Share Thanks To Streaming
[UPDATED] A new study commissioned by the Worldwide Independent Network (WIN) looks at the global market share of independent music labels based on copyright, rather than distribution, and reveals a. Continue reading
Albums And Why They Still Matter
With the rise of playlist culture, and the nature of music consumption changing so rapidly, many are questioning whether the conventional album is worthy investment of a band or artist's. Continue reading
Warner Music’s Topsify Playlist Chief Exits To Launch New Venture
Three years after selling Playlist.net to Warner Music Group and establishing the major's own Topsify playlist brand, Kieron Donoghue is leaving the label group to start a new venture. The future. Continue reading
TOP POSTS: This Week’s Most Read Posts On Hypebot
This week, the most popular among Hypebot's many articles looked at Spotify's eventual transformation into a full stack company, the most powerful independent curators on the streaming service, how you. Continue reading
A7X Lawsuit Bears Potential To Forever Change Label Contracts
Huntington Beach, CA based band Avenged Sevenfold is trying a legal maneuver new to the music industry as they challenge the "7 year rule," which bars the personal services of. Continue reading