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
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
Managing Artists At Scale: Using Tech To Turn Musicians Into Industry Experts
In this piece DeCarlos Garrison explains the challenges of artist management and of guiding a band or artist towards industry success, as well as how embracing tech can work to. 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
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
Warner Music Cuts Deal With Mixcloud
Mixcloud, a British streaming service that allows listeners to share and consume radio shows, recently announced that it is signing on to a licensing agreement with Warner Music Group, and. Continue reading
Spotify Revenue Up 40%, But Losses Continued In First Half Of 2017
Revenue at Spotify grew 40% in the first half of this year, according to a new report. Along with the gains, however, came continued losses. The numbers, which were shared. Continue reading
Techstars Music Accelerator Adds Three Member Companies
Concord Music, RecoChoku and Royalty Exchange have joined Warner Music Group, Harmonix Music Systems, Q Prime Management, Bill Silva Entertainment, Silva Artist Management, and Sony Music in supporting Techstars Music. Continue reading