Music streamer Spotify to expand into Asia, Latam, North Europe

Written for and appeared at:  http://news.yahoo.com/music-streamer-spotify-expand-asia-latam-north-europe-111322063.html

Daniel Ek, CEO & Co-Founder of Spotify, addresses attendees during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana May 9, 2012. REUTERS/Sean GardnerReuters/Reuters – Daniel Ek, CEO & Co-Founder of Spotify, addresses attendees during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana May 9, 2012. REUTERS/Sean Gardner

STOCKHOLM (Reuters) – Music streaming web service Spotify said it was expanding into Asia and Latin America, announcing plans to launch in eight new countries as it attempts to catch up with larger rival Pandora Media Inc and keep ahead of new entrants to the sector.

Unlisted Spotify, which has about 24 million “active” users – those who have used it in the last 30 days – and 6 million paying subscribers, said it would now offer its services in 28 markets worldwide.

“We’re taking our first steps in Latin America with Mexico, and Asia with Hong Kong, Malaysia, and Singapore,” the company said on its blog page on Tuesday. “Plus we’re thrilled to make new friends in Estonia, Latvia, Lithuania and Iceland.” Continue reading

Posted in Industry News, Music Business, Music Marketing, New Technology, Newsletter, Social Media & Technology, Trendspotting | Leave a comment

Business Matters: Why Did Bjork’s Kickstarter Project Fail?

First Written ForBillboard Magazine
By , Nashville
See Original Article Here:  http://www.billboard.com/biz/articles/news/1538605/business-matters-why-did-bjorks-kickstarter-project-fail

Internationally famous Icelandic artist Bjork may have been the most high-profile musician to undertake a project on Kickstarter, the platform that allows artists to raise money from fans for their projects. Her project most likely became the biggest Kickstarter failure when it was canceled Thursday after just £15,370, or 4% of total funding, was raised in 10 days.Failure is not uncommon on Kickstarter. Just 55.8% of the service’s music campaigns launched last year were successfully funded. But Bjork’s campaign was uncommon in a number of ways. Continue reading
Posted in Industry News, Music Business, Music Marketing, New Technology, Newsletter, Social Media & Technology | Leave a comment

Music Industry Grows First Time in a Decade on Digital Adele

The worldwide recorded music industry’s revenue grew 0.3 percent to $16.5 billion last year, the first increase in more than decade, as more people downloaded music and used online streaming sites.

Adele’s “21” was the best-selling album and Carly Rae Jepsen’s “Call Me Maybe” was the best-selling single, an industry group representing music labels said in a statement today. Digital sales rose 9 percent to $5.6 billion and now account for about 34 percent of total revenue, according to the International Federation of the Phonographic Industry.

The improvement is welcome for an industry battered by piracy, the shuttering of record shops and declining sales of CDs. Digital sales of music now account for the majority of record companies’ revenue in countries including the U.S., Norway, Sweden and India, the IFPI said.

“These are hard-won successes for an industry that has innovated, battled and transformed itself over a decade,” said Frances Moore, chief executive officer at IFPI. “They show how the music industry has adapted to the Internet world, learned how to meet the needs of consumers and monetized the digital marketplace.” Continue reading

Posted in Industry News, Music Business, Music Marketing, New Technology, Newsletter, Social Media & Technology | Leave a comment

Introducing Muvote.com

Originally written for Mc2N.com
Posted here :  http://www.mi2n.com/press.php3?press_nb=161714

Something new is bubbling up from the depths of the Internet. Music critics are calling it, “Something to do.” Music fans are excited about the fate of bands being in their hands.

It’s a website called muvote (pronounced myo͞ovōt) (and if that doesn’t help, think of the words music and vote smashed together).

It’s the “hot or not” site for music (mostly independent music). There will never be ads and it’s built with 100% heart. Every artist that submits a song is manually reviewed by a real human for quality assurance purposes.

Two artists are randomly displayed on the main page. The visitor then has the opportunity to listen to both artists and select the artist that they feel is the best, out of the two. Then, two more artists will be display and the voting continues, indefinitely. The artists with the most votes get pushed to the top of the “Discover” page. Or, as some call it, “The page where dreams come true.”

Even artists without a lot of fans, but with a lot of luck, could be featured on the site, on the “Noteworthy” page.

A random indie music blog said, “muvote is a fresh way to hear new music random style, and help the songs/artists you like get a little more buzz.”

This new random music discovery engine is currently seeking new artists. To apply, visit http://muvote.com/entry-form/.

Posted in Industry News, Music Business, Music Marketing, Music Organizations, New Technology, Newsletter, Social Media & Technology, Trendspotting | Leave a comment

When A Band Should Change Their Name

Originally Posted by Daniel Kobale and posted on:http://www.alivemusicstudios.org/cms/when-a-band-should-change-their-name/

Hopefully this is something you never have to deal with, but it does happen: Bands change their names. We don’t always know why, but usually there is a lot of discussions, sometimes heated, that takes place long before the name-change occurs. The hardest thing to decide is when and why a name change should take place. Here are some tips…

Tip 1) Think about your band name as a tattoo. You are supposed to think about the tattoo you want for a long while before you actually get the tattoo, just to make sure you really want it. Do the same with a potential new name for you band: discuss it amongst your band mates and management team, wait a little while and then come back to it and see if everyone still agrees it is a good idea.

Tip 2)
 If there is only one or fewer original band members left in a band, it might be time to change your name. Some do this because it is out of respect, while others do it because a judge ordered it. Either way, if your band isn’t the band that it started out as member-wise, this could be a good time to change the name.

Tip 3) So you started your band when you were 15 years old with your high school buddies, and you came up with a name that you thought would be hilarious and great (think Doobie Brothers) but ten years down the line people are having a hard time taking you serious because your name sounds more like a *** position than a band name, it might be time to change your name to something a little more memorable for the right reasons.

Tip 4) If you didn’t take the time to do trademark and copyright searches and clearances on your band name when you first chose it, you should do so now, or at least before you get too big. If someone else already has your band name registered, you can either offer to buy the rights, change your name, or keep on truckin’ and hope the other band doesn’t sue your butt off when you make it big. I’d recommend either the first or second option.

Tip 5) If your band name just makes no sense, isn’t memorable, too hard to pronounce, or just doesn’t make for a very marketable name, then you should look into changing your name. You need to be marketable, and this starts with your band name and logo. Clever or simple names are the best because they are easy to remember for people who come across your music.

Read more http://www.alivemusicstudios.org/cms/when-a-band-should-change-their-name/

Posted in Music Business, Music Marketing, Newsletter, Trendspotting | Leave a comment

7 Lessons From The Beatles’ Biggest Failure

Originally appeared on Inc.com
Written By:  John Greathouse and found at:
http://www.inc.com/john-greathouse/7-lessons-from-the-beatles
-biggest-failure.html?utm_source=feedburner&utm_medium=feed&utm_
campaign=Feed%3A+inc%2Fheadlines+%28Inc.com+Headlines%29 

What the Beatles’ early failures can teach you about staffing, timing, market research, and product development.

The words “failure” and “the Beatles” seldom appear in the same sentence. But the Beatles’ early career was actually a series of failures–a record that culminated in their unsuccessful audition with the leading record company of their era, Decca Records. This particular failure nearly caused the band to break up.

At the time of Decca’s rebuff, the Beatles had been performing under various monikers for nearly five years. Faced with that kind of rejection, most bands would have returned to Liverpool, gone back to their run-of-the-mill day jobs, and continued to play occasional gigs. But the Beatles were not like most bands.

And you should not be like most companies. Setbacks on the path to success are inevitable. What matters is whether you allow them to build you up or tear you down. Be like the Beatles. They ignored the alleged musical experts, internalized their failures, and improved their value proposition by working their asses off.

Here are start-up lessons you can take from the Beatles’ biggest setback.

Continue reading

Posted in Music Business, Music Marketing, Newsletter, Trendspotting | Leave a comment

TV Veteran Developing News Show for Fuse

 Original Appeared on ABC News
Written By DAVID BAUDER Associated Press
Find Article Here:  http://abcnews.go.com/Entertainment/wireStory/tv-veteran-developing-news-show-fuse-18338729

The Fuse television network has turned to news veteran Rick Kaplan, who has run CNN and MSNBC and produced programs like “Nightline,” to develop a music news program aimed largely at people some 40 years younger than him.

“Fuse News” is set to debut Feb. 6 at 8 p.m. Eastern time with pre-Grammy Awards coverage. The half-hour show, originating from Fuse’s studios across from Madison Square Garden in Manhattan, will be repeated at midnight.

“A lot of people are covering music in different ways,” said Mike Bair, president of MSG Media, Fuse’s corporate ownership. “But not a lot of people are covering it deeper and in a respectful way. We thought there was a real opportunity for us.”

Fuse, available in some 70 million homes, is overshadowed by MTV, but unlike its competitor has kept its focus on music and is looking for a signature show.

Kaplan, 65, walked through a busy newsroom with TVs tuned to a Fuse countdown of sexy rap videos one recent afternoon. The 47-time Emmy winner had most recently produced Katie Couric’s “CBS Evening News” and Christiane Amanpour’s stint on ABC’s Sunday morning and has formed his own consulting company.

Bair reached out to Kaplan through a mutual friend to gauge interest, and the idea intrigued Kaplan.

“While he’s not in the target audience for Fuse (the network’s median age is around 27), I think he also saw the opportunity,” Bair said.

A whiteboard in Fuse’s office already lists story plans for the first month. The collapse of the traditional music industry has made for many changes ripe for examining.

One future story will talk about bands scalping tickets to their own concerts, another about the sound quality issues behind the resurgence of vinyl. If “Fuse News” was on the air last week, it wouldn’t treat the story about Beyonce lip-synching at the inauguration as a joke, but rather look into how widespread the practice is, Kaplan said.

“I want it to be a place where if you’re involved in the industry in any way — and that means anybody with a headset — this will be the place where you will want to go,” Kaplan said.

Kaplan’s tastes run to the Eagles, the Beatles and the Rolling Stones. Now he’s learning about electronic dance music, and even liking some of it. Liz Walaszczyk, a 28-year-old producer and contributing correspondent on “Fuse News,” is gently introducing her boss to bands like the Xx.

And he’s introducing her to the news.

Walaszczyk, who booked bands for Carson Daly’s NBC show before joining Fuse, said that she finds blogs like Pitchfork and Stereogum helpful but that there’s a void in serious music journalism. Kaplan is teaching her the importance of detail in every question asked and picture selected for her stories.

“I hear his voice and I think, ‘This man has spoken to so many legends,’” she said.

Co-anchors for the show are Alexa Chung and Matte Babel. Former Gawker writer Elaine Moran and Jack Osbourne are contributing correspondents.

Yes, the news producer who once worked with Walter Cronkite is telling Ozzy’s kid what to do.

Kaplan brushed aside a question about whether some people in the television news business might consider his current gig a comedown.

“Oh, God no,” he said. “By no means. People who say that don’t get it. It’s a great privilege to be asked to do this program. It’s the only serious program in this (music) industry. It’s a serious attempt to report on music in a credible way.”

He said he’s having a blast.

“In many ways, what Fuse is attempting to do with this show is more cutting edge than what any of the networks are doing,” he said. “We’re not starting a magazine show. We’re not tinkering with the evening news.”

The show will also have studio guests and music performances. Kaplan has hired Audrey Gruber, a former CBS News and CNN producer, to eventually take over for him when the show is up and running.

Posted in Industry News, Music Business, New Technology, Newsletter, Trendspotting | Leave a comment

Building the $100 Billion Dollar Music Business

Originally written by Tom Silverman
Original post posted and later removed from Billboard.com but article revisited here:  http://www.famewiz.com/building-the-100-billion-dollar-music-business/

In this guest post, New Music Seminar/Tommy Boy Entertainment founder Tom Silverman describes how we can grow the music business into one that reaches $100 billion in annual retail revenue in the next decade. Silverman is also a a founding member of the American Association of Independent Music (A2IM) and Merlin and sits on the boards of SoundExchange, and the RIAA.

Going through last year’s U.S. sales numbers, a startling fact jumped out at me. So when the MIDEM director, Bruno Crolot, invited the New Music Seminar to present a panel at MIDEM this year, I knew it was the perfect place to discuss how to grow the music business and set a real goal of $100 billion in annual retail revenue that we can achieve in the next decade.

The 12th year of flat or declining sales and revenues has directly resulted in a reduction of artist rosters, signings and investment of roughly 50% and music job losses in the realm of 60% since 2000, based on my conversations with business affairs people relevant companies. The music industry has never been more risk-averse than it is today.

The only way to get more investment into more artists and create more music jobs is to increase the revenues of the music business.  We used to think the only way to do that was to sell more albums and sell them at a higher price. The trend analysis below explains why that is no longer a possibility. The music industry must focus its efforts on developing a new paradigm for music revenue creation.

The current U.S. retail value of the business is around $7 billion and the world is around $23 billion, according to the RIAA and IFPI. Looking at U.S. album sales and single sales since 1995 and projecting sales out to 2020, one thing becomes clear; music sales revenues will be down or flat for the foreseeable future. Physical CDs will continue double-digit declines in units and even greater declines in value. Digital albums will continue to grow and will pass physical CDs in 2015 in unit sales, but gains in digital sales will continue to be erased by declines in physical sales causing a ceiling on overall U.S. album sales of around 300 million per year, according to projected current trends. Digital single sales growth is slowing: we almost reached 1.4 billion in 2012 but it is unlikely that they will reach 1.5 billion in 2016 before they begin to decline. When you consider inflation at around 2% a year, you see that sales revenue cannot support a sustainable music business.


A conservative projection of future of music sales in America (it could be worse) 
Continue reading

Posted in Industry News, Music Business, Music Marketing, Music Organizations, Newsletter | Leave a comment

It’s Official: Vinyl Sets Another Sales Record In 2012…

You can dismiss it as a niche, but then again, everything starts (or, re-starts) as a niche. You can brush it off as an inferior format, but then again, that’s usually where the debate begins. According to stats shared with Digital Music News by Nielsen Soundscan, sales of vinyl LPs hit another, modern-era record in 2012 with 4.6 million units. Most are being sold at indie retailers, with a heavy lean towards rock. Here’s the latest sales picture.

Friday, January 04, 2013
by  Paul at Digital Music News http://www.digitalmusicnews.com/

Posted in Industry News, Music Business, Trendspotting | Leave a comment

DJs To Earn An Estimated $55 Million From New Royalty Program

Original written for and featured on
Website: http://www.thefuture.fm
Direct link:   http://www.mi2n.com/press.php3?press_nb=160733

Dubset Media Holdings, a music industry leader in rights-flow and fingerprint technology, today announced the launch of the world’s first formal DJ Royalty Program being offered by its internet radio site Thefuture.fm (www.thefuture.fm). Powered by the company’s patent-pending MixSCAN technology, Thefuture.fm provides one of the only platforms for DJs to share mixes with their fans under full rights compliance. Now, for the first time in history, DJs will begin earning multiple royalties themselves. Thefuture.fm is home to thousands of custom DJ radio stations having successfully fingerprinted over twelve thousand of the world’s best mixes from notable artists, venues, and festivals. The company recently surpassed two and a half million mix-plays by listeners. Continue reading

Posted in Industry News, Music Business, New Technology, Newsletter | Leave a comment