Day: 5 avril 2018

MelodyVR to launch its VR music app ‘in the coming weeks’

After a lengthy beta-test period and a succession of licensing deals with music companies, VR music startup MelodyVR is preparing for its commercial launch.
In an announcement this morning, the publicly-listed company revealed that it “intends to launch its flagship music product (The MelodyVR app) in the coming weeks”, including a version for Facebook’s upcoming Oculus Go headset.
There are no further details on dates, pricing or content for now: this was a bare-bones announcement for investors rather than a detailed press release. In his accompanying statement, executive chairman Anthony Matchett focused on the Oculus Go aspect.
The post MelodyVR to launch its VR music app ‘in the coming weeks’ appeared first on Music Ally.
Source: Music ally

British music companies admit ‘unacceptable’ gender pay gaps

Yesterday was the deadline for all British companies with more than 250 employees to report their ‘gender pay gaps’ to the UK government’s Equalities Office. The definition of this being the difference between the average hourly earnings of men and women for each company.
Each firm has reported their ‘mean’ gender pay gap (based on adding the wages of all staff and dividing it by the number of staff) and their ‘median’ gender pay gap (based on the difference between the male and female employees in the middle of the pay range – which reduces any possible skew from the highest earners.
The post British music companies admit ‘unacceptable’ gender pay gaps appeared first on Music Ally.
Source: Music ally

Beggars Group China strategy: ‘We have a real issue with exclusivity’

“China was my hobby for the best part of 10 years: something which the company allowed me to run as a hobby on the side as long as I wasn’t spending too much money. It was five years before we made any money whatsoever, and 10 years until we felt we had a business…”
Simon Wheeler, director of digital at independent music company Beggars Group, first went to China in 2006 on a trade mission organised by trade group AIM and government body UKTI. The dominant form of digital-music consumption was piracy, but his curiosity was piqued.
“At that time, there was no pressure from the Chinese government in the market for people to behave properly. Effectively it was the Wild West,” he says, of a time when local music services were essentially unlicensed.
“We were going in and doing meetings with people saying ‘How about a licence?’ and they’d just be smiling at you. ‘Why would we want to do a licence? We’ve got your music already…’” he remembers.
“But it was a good learning experience to go and do that. If nothing else, we got to build relationships with all the different players, even though we weren’t able to do business back in those days.”
The post Beggars Group China strategy: ‘We have a real issue with exclusivity’ appeared first on Music Ally.
Source: Music ally

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