Mar 2, 2015

New Wu-Tang Clan Album Won’t Be Released Commercially for 88+ Years

Last year multiple Kickstarter campaigns were launched by Wu-Tang Clan fans. These fans were hoping to raise enough money to collectively buy Wu-Tang’s one-off Once Upon a Time In Shaolin album.
Wu-Tang is going to sell the album to the highest bidder […]

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Mar 2, 2015

12 Reasons to Fire Your Bandmate…

 

(1) Drug Addiction.

Your band is not a rehab center, and this isn’t the 60s.  In 2015, your chances of success are lower than ever, and you need everyone gunning and participating as strongly as possible towards success.   You don […]

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Mar 2, 2015

Yes, Neil Young, Vinyl IS Better. And Here’s Why…

A few weeks ago Neil Young famously exclaimed that the vinyl resurgence is just a “fashion statement.” He claims that most new vinyl doesn’t sound better than the CD because the vinyl was pressed from the digital masters. Well, that’s not always […]

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Mar 2, 2015

SoundCloud Says They’ve Paid $1 Million in Ad Revenue in Six Months

At the end of August 2014 SoundCloud announced a new partnership program that would allow the most popular users to monetize tracks with advertisements.

Six months later SoundCloud says they’ve paid out $1 million in advertising revenue to just over 100 partners.

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Mar 2, 2015

Spotify Is Losing College Students, Study Finds…

Spotify is already peaking amongst college students, according to survey data now emerging.  The survey, conducted at the University of Georgia and published by professor David Lowery, shows that students are rapidly abandoning full-priced, $9.99-a month Spotify accounts.
They may also be leaving the […]

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Feb 27, 2015

Executive Shuffles: Twitter, Epic Records, BBC Radio 1

Breyon Prescott of Epic Records
 
Twitter‘s Head of Music Bob Moczydlowsky announced via Twitter that he is leaving his position. Moczydlowsky said: “I’m ending my time at Twitter in a few weeks. I’ve loved every day […]

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Feb 27, 2015

CD Baby’s Publishing Division Quadruples But Still Trails TuneCore

Up until a few years ago there weren’t many options for independent songwriters to collect mechanical royalties. Performance royalties were (relatively) easy to get. Simply sign up (and register all your songs) with a PRO like ASCAP, BMI or SOCAN (in Canada). But mechanical royalties are […]

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Feb 27, 2015

Another Universal Music Digital Executive Is Out…

David Ring, EVP of Global Digital Business, is out at Universal Music Group. This comes just days after his boss Rob Wells, President of Global Digital Business, announced his resignation.

According to re/code, Ring says he will continue to advise UMG. Ring said:
“It has […]

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Feb 27, 2015

After 10 Years, YouTube Still Isn’t Profitable…

 
Last year, YouTube made a massive $4 billion in revenues.  The only problem is that their costs were also about $4 billion.  “Google nurtured YouTube into a cultural phenomenon, attracting more than one billion users each month,” the Wall Street Journal opened&#8230 […]

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Feb 27, 2015

Kobalt Raises $60 Million from Google Ventures and Michael Dell

Kobalt has announced the closing of a $60 million Series C funding round. The round was lead by Google Ventures. Michael Dell’s MSD Capital and MSDC Management also contributed.
MSD Capital previously invested in Kobalt. Prior to this round Kobalt had raised […]

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