Day: 5 février 2019

Amuse to pay artists up to six months of royalties in advance

Amuse is the Swedish music company that’s part distributor – a platform for artists to upload their music to streaming and download services – and part record label, working more closely with talent that’s emerged from its distribution arm.
Launched internationally in 2017, the model is similar to that of Kobalt’s AWAL with its combination of distribution and a higher tier of label/artist services. Amuse now has hundreds of thousands of artists on its distro platform, and raised a $15.5m funding round in May 2018.
Now it’s launching a way for those artists to get paid up to six months’ royalties in advance. The feature is called Fast Forward, and it’s launching in beta today with a group of musicians, before rolling out to more in the coming months.
The post Amuse to pay artists up to six months of royalties in advance appeared first on Music Ally.
Source: Music ally

Warner Music Group revenues grew by 15.1% last quarter

Warner Music Group has published its latest quarterly financial results, which reveal that the company’s revenues grew by 15.1% year-on-year.
That was just over $1.2bn in the fourth quarter of 2018 (WMG’s fiscal Q1). Of that, digital revenues grew by 17.6% to $627m, with the company reporting an operating profit of $147m and a net profit of $86m for the quarter.
Within all this, WMG’s recorded-music revenues grew by 15.2% to $1.04bn, while publishing revenues grew by 15.4% to $165m. CFO Eric Levin said that the results were “evidence that our long-term strategy is paying off”.
The post Warner Music Group revenues grew by 15.1% last quarter appeared first on Music Ally.
Source: Music ally

Two groups vying to oversee MMA’s blanket mechanical licence

One of the key parts of the Music Modernization Act (MMA) was the plan to create a new collective to license and administer mechanical rights in the US. Yesterday we got more details on the pitch from the National Music Publishers Association (NMPA) and Songwriters of North America (SONA) for their ‘Mechanical Licensing Collective’ (MLC), […]
The post Two groups vying to oversee MMA’s blanket mechanical licence appeared first on Music Ally.
Source: Music ally

India draws up new rules for ‘intermediary’ apps like TikTok

Social apps from overseas, particularly China, have been dominating the upper reaches of app stores in India. Now the government is responding, with new regulations aimed at ‘intermediary’ apps that get their content from users. The Financial Times reported that any such apps with more than five million users in India ‘need to set up […]
The post India draws up new rules for ‘intermediary’ apps like TikTok appeared first on Music Ally.
Source: Music ally

Emma McGann talks music, live video and finding fans on YouNow

Live video is an increasingly common way for musicians to interact with their fans, from album and tour launches on Facebook to fan Q&As on Instagram and even streaming gaming sessions on Twitch or YouTube.
One aspect of livestreaming that still flies under the western music industry’s radar, though, are standalone live-video apps like YouNow, LiveMe and (until it was shut down in June 2018) Live.ly. Yet these apps, with their native stars and tip-based economies, are well worth studying.
One example of a musician building her audience through this route is British artist Emma McGann. She has nearly 204,000 fans on YouNow, where her videos have generated nearly 11m views since she started broadcasting using the app four years ago.
The post Emma McGann talks music, live video and finding fans on YouNow appeared first on Music Ally.
Source: Music ally

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