Day: 24 mars 2020

Today’s positive coronavirus-related music industry news (24 March)

Music Ally is trying to write a story every working day, rounding up the good, practical things happening in and around our industry: focusing on relief efforts and other initiatives from the music industry and music / tech communities.
Start today with Bandcamp’s update on how last Friday’s big music sale went. “On a typical Friday, fans buy about 47,000 items on Bandcamp, but this past Friday, fans bought nearly 800,000, or $4.3 million worth of music and merch,” reported the company. “That’s more than 15 times our normal Friday, and at the peak, fans were buying 11 items per second.”
Continue with news that German collecting society GEMA has announced an ’emergency aid’ program of up to €40m (around $43.2m) for its members, over two stages of distribution for songwriters who get into financial difficulties as a result of the current pandemic. Detail of how to apply will be published later this week. GEMA is also promising to be “pragmatic and flexible” in its licensing dealings with music events organisers in the weeks and months ahead.
The post Today’s positive coronavirus-related music industry news (24 March) appeared first on Music Ally.
Source: Music ally

Twitter users up but revenues hit due to coronavirus

Earlier this year, Twitter provided analysts with its financial guidance for the first quarter of 2020, predicting revenue of between $825m and $885m, and operating income between $0m and $30m. Yesterday, though, Twitter withdrew that guidance, due to the coronavirus pandemic. “While the near-term financial impact of this pandemic is rapidly evolving and difficult to measure, based on […]
The post Twitter users up but revenues hit due to coronavirus appeared first on Music Ally.
Source: Music ally

New York Times buys startup that turns articles into audio

It’s not just music streaming services who are excited about podcasts and long-form audio more generally. The New York Times just acquired a startup called Audm, which runs a “subscription-based audio app that offers listeners the world’s best longform journalism, read aloud word-for-word by celebrated audiobook narrators”. It launched in 2016, and aggregates articles from the NYT but […]
The post New York Times buys startup that turns articles into audio appeared first on Music Ally.
Source: Music ally

BTS로 한국어 배우기 (that’s ‘Learn Korean with BTS’ in Korean)

We really hope that means ‘Learn Korean with BTS’ – blame Google Translate if not! We wrote about Weverse earlier this year as part of our report on K-Pop giant Big Hit Entertainment’s latest financial results: it’s a fan community platform focusing on artists including BTS, TXT, Seventeen and Gfriend, launched by Big Hit subsidiary beNX. Now it […]
The post BTS로 한국어 배우기 (that’s ‘Learn Korean with BTS’ in Korean) appeared first on Music Ally.
Source: Music ally

South Korean DSP changes chart to battle ‘distorted’ streams

Flo, owned by SK Telecom, is one of the main music streaming services in South Korea. It used to run a near-real-time chart (updated hourly) showing what the most popular songs were on the platform. That has now been replaced by a new Flo Chart that updates every 24 hours that allows it to use […]
The post South Korean DSP changes chart to battle ‘distorted’ streams appeared first on Music Ally.
Source: Music ally

Spotify is testing photo-based music recommendations

Have you ever been using a music streaming service and thought: ‘Yes playlists and suchlike are good, but what I really need is the ability to take a photo and have that used to recommend music to me’? Nope, us neither. Still, Spotify clearly sees some potential in the idea: it appears to be testing […]
The post Spotify is testing photo-based music recommendations appeared first on Music Ally.
Source: Music ally

Apple Music’s new personalised playlist is Get Up! Mix

Although Apple Music has made human curation a big part of its brand (especially when execs are throwing shade at Spotify in interviews) that hasn’t stopped it from developing its own series of algo-personalised playlists. Now Favourites Mix, Chill Mix and Friends Mix have a new team member: ‘Get Up! Mix‘. Like the others it’ll […]
The post Apple Music’s new personalised playlist is Get Up! Mix appeared first on Music Ally.
Source: Music ally

Music Ally to hold free webinar: ‘Bringing Live Online’

As you’ll have noticed, livestreams are all the rage right now, as artists look for a way to perform for and chat to fans (and perhaps to find a new income stream) in lieu of cancelled tours and festivals.
This Thursday, Music Ally is holding a free webinar called ‘Bringing Live Online’ – kindly supported by MQA – to offer our knowledge and advice on how to make the most of livestreams. It’ll be around an hour long, presented by our SVP of digital strategy Patrick Ross, and will cover a range of platforms, case studies and lessons for artists.
Besides the big platforms like Facebook Live, YouTube and Twitch, we’ll be looking at newer and/or more-niche platforms like YouNow, and some of the creative ways that artists have been using them to connect and make money.
The post Music Ally to hold free webinar: ‘Bringing Live Online’ appeared first on Music Ally.
Source: Music ally

Music Ally Startup Files: Pex sees big music potential in UGC

For the last few years, LA-based startup Pex has been quietly scanning, fingerprinting and indexing every single piece of audio and video uploaded to open, public-facing platforms. It has accrued a whopping database of 20 billion data points, and – perhaps – know what’s happening on certain platforms better than the platform itself.
Music Ally spoke to Pex COO Amadea Choplin, who previously worked for French video platform DailyMotion, about how important music really is to YouTube and the accuracy of its revenue maths; Article 17; and how Pex can unlock revenue by peeking inside streaming’s black box.
The post Music Ally Startup Files: Pex sees big music potential in UGC appeared first on Music Ally.
Source: Music ally

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