Day: 26 septembre 2018

Bandcamp to hold fundraiser to protect voting rights in the US

Bandcamp has announced the details for its next day-long fundraiser, which will take place this Friday, seven weeks ahead of the US mid-term elections. The focus this time round is on voting rights, with Bandcamp planning to donate 100% of its share of sales on its site to a program called the Voting Rights Project. “We […]
The post Bandcamp to hold fundraiser to protect voting rights in the US appeared first on Music Ally.
Source: Music ally

SoundCloud starts recording artist sessions in its Berlin studio

SoundCloud is the latest music-streaming service to start recording exclusive sessions in its own studio – in this case, in the company’s Berlin studio. The sessions will be branded ‘First on SoundCloud: Studio Sessions’ and will focus on “emerging creators who began their careers first on SoundCloud, and the creative journey of their newest track”. First […]
The post SoundCloud starts recording artist sessions in its Berlin studio appeared first on Music Ally.
Source: Music ally

Songtrust expands to Atlanta, Los Angeles and Nashville

Royalty collection and publishing-administration service Songtrust is expanding again, this time swelling its team to include staff in Atlanta, Los Angeles and Nashville. The company has hired former ASCAP, MusicBox and RightsFlow executive Alex Gershwin to work in LA as a business development representative. Meanwhile, Breanna Harper, formerly of Spotify, the Grammy Foundation and Disturbing […]
The post Songtrust expands to Atlanta, Los Angeles and Nashville appeared first on Music Ally.
Source: Music ally

Spotify and Deezer lobby for EU ‘platform-to-business’ law

The new European copyright directive has a few steps to go before becoming law yet, but there’s another piece of in-progress European legislation to keep an eye on. It’s called the ‘platform-to-business’ law (P2B for short) and will focus on fair treatment for European businesses that operate on large internet / technology platforms. Such as […]
The post Spotify and Deezer lobby for EU ‘platform-to-business’ law appeared first on Music Ally.
Source: Music ally

Analysts give their views on SiriusXM / Pandora acquisition

Analysts have been publishing their views on the implications of SiriusXM’s proposed acquisition of Pandora, and it’s fair to say many of them are taking a wait-and-see approach. Goldman Sachs highlighted the ‘go-shop’ provision in the deal that allows Pandora to seek out a better offer, and suggests that “the value of Pandora as an […]
The post Analysts give their views on SiriusXM / Pandora acquisition appeared first on Music Ally.
Source: Music ally

Music Modernization Act approved by House of Representatives

Nobody is counting chickens just yet when it comes to the Music Modernization Act, given that its final hurdle to become law is President Trump’s signature. But music-industry bodies are confident that there won’t be any issues when the MMA reaches the president’s desk, having been unanimously approved yesterday by the US House of Representatives. This follows […]
The post Music Modernization Act approved by House of Representatives appeared first on Music Ally.
Source: Music ally

Analyst claims Apple Music has an ‘iOS ownership advantage’

You may have seen some headlines overnight about Apple Music ‘converting’ people to subscribers at a rate “2.5x faster than Spotify”. But what does this mean, given that the two services have different funnels – a fully-free ad-supported tier for Spotify and a time-limited free trial for Apple Music? It’s worth following the headline trail […]
The post Analyst claims Apple Music has an ‘iOS ownership advantage’ appeared first on Music Ally.
Source: Music ally

Sandbox Summit 2018 – London #MarketMusicBetter

Music Ally is delighted to announce the agenda and first set of confirmed speakers for this year’s Sandbox Summit sponsored by Linkfire which will take place at the London Arthouse on Wednesday 31st October. Early bird tickets have already sold out and momentum is building for the second London edition of our dedicated music marketing conference. […]
The post Sandbox Summit 2018 – London #MarketMusicBetter appeared first on Music Ally.
Source: Music ally

Shazam financials show revenue growth flattened in 2017 ahead of Apple acquisition

Apple completed its acquisition of music-identification app Shazam this week, but now the latter company has published its latest (and likely final) set of public financial results, via the UK’s Companies House.
They reveal Shazam’s figures for the 2017 calendar year, with the company having accepted Apple’s acquisition offer on 10 December that year.
What do the financials show? Shazam was reaching more than 400 million annual active users in 2017, up from 300 million the year before. However, Shazam’s growth in revenues flattened out in 2017: it generated turnover of £40.8m (around $53.7m), up just 1.4% year-on-year, compared to the 14.5% growth that Shazam recorded in 2016.
The post Shazam financials show revenue growth flattened in 2017 ahead of Apple acquisition appeared first on Music Ally.
Source: Music ally

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