Day: 25 août 2020

Music Ally Startup Files: SoundStorming opens up the creative process

SoundStorming could be a lot of things, and at a glance the platform appears to begin a trek up that unassailable summit of music-tech: A Social Network For Music. But co-founders Alícia Rius and Arnau Bosch are keen to explain that their aim is simple.
“We want to get the fans on board earlier than the release date, and bring them to the beginning of the creative phase to make them fans sooner. Our mission is to build a more equitable ecosystem for artists and fans.”
Their big idea is that musicians should use music to communicate with fans, and that SoundStorming “helps them make music while they promote it. It allows them to use their musical ideas as a social post to connect with an audience to bring them along their journey.”
The post Music Ally Startup Files: SoundStorming opens up the creative process appeared first on Music Ally.
Source: Music ally

Survey: 30% of musicians are planning weekly livestreams

Bandsintown has been one of the companies around live music that has pivoted during Covid-19 – in its case, turning its site and app into places for fans to discover livestreams by artists, as well as launching its own live channel on Twitch.
Now the company has published a report based on a survey of artists and fans using its platform. On the fan side, 73% have tuned in to a livestream during lockdown; 60% say they’d like to continue watching these events even after the restrictions on large offline gatherings are lifted; and 80% say they’d be willing to pay to watch a livestream in order to help their favourite artist.
The post Survey: 30% of musicians are planning weekly livestreams appeared first on Music Ally.
Source: Music ally

IFPI takes aim at more ‘music streaming manipulation’ sites

Global music body the IFPI is continuing its battle against ‘streaming manipulation’ services. Together with German body BVMI, it has secured court injunctions against the operators of five websites promising to inflate artists’ streaming counts artificially.
The sites are Socialnow·de, Socialgeiz·de, Likergeiz·de, Netlikes and Likesandmore, with a sixth site (Fanexplosion·de) having already removed the relevant service in response to a cease and desist letter.
“Streaming manipulation companies deprive right holders of revenue and mislead consumers. We are committed to tackling this problem,” said IFPI CEO Frances Moore.
The post IFPI takes aim at more ‘music streaming manipulation’ sites appeared first on Music Ally.
Source: Music ally

The mystery of Tasmin Little’s missing Spotify royalties

Pitchfork’s article about ‘how musicians are fighting for streaming pay during the pandemic’ isn’t new: it was originally published in June. However, after the site re-shared it on Twitter yesterday with some stats on classical violinist Tasmin Little’s earnings, it’s sparking debate.
There’s definitely something puzzling afoot. The article references a tweet from Little in May revealing that she was paid £12.34 (around $16.16) for six months of plays – “around 5-6 million streams” – on Spotify.
Here’s why we’re puzzled: according to the ‘2019-2020 Streaming Price Bible’ data shared by artist-rights blog The Trichordist earlier this year, Spotify’s average per-stream rate (for a mid-sized independent label) was $0.00348 – so around $3,480 per million streams on average.
The post The mystery of Tasmin Little’s missing Spotify royalties appeared first on Music Ally.
Source: Music ally

TikTok’s Trump lawsuit reveals it has 689m users worldwide

TikTok has followed through on its promise to sue President Trump’s administration over its recent executive order setting a deadline for the app’s US operations to be sold or shut down. The lawsuit includes some important new figures on TikTok’s business globally, as well as in the US. 
Globally, TikTok grew from 54.8 million monthly active users in January 2018 to 271.2 million by the end of that year, and then 507.6 million by the end of 2019. As of July 2020, TikTok had 689.2 million monthly active users worldwide.
Over that same timescale, TikTok’s US userbase has grown from 11.3 million monthly active users to 91.9 million, meaning that in July – as talk of a potential ban ramped up – the country accounted for nearly 13.3% of TikTok’s global total.
The filing also includes a figure for August, revealing that TikTok has passed the 100 million monthly active users milestone in the US.
The post TikTok’s Trump lawsuit reveals it has 689m users worldwide appeared first on Music Ally.
Source: Music ally

Music VR startup MelodyVR announces plan to merge with Napster

Music-focused virtual reality startup MelodyVR has announced plans to merge with streaming service Napster. To be clear: MelodyVR is the buyer, although the Napster brand will live on.
“Under the terms of the Merger Agreement, a wholly-owned subsidiary of the Company will be merged with and into Napster (with Napster being the surviving entity),” explained MelodyVR’s announcement to the markets this morning.
“The Company will pay consideration totalling approximately $26.3 million to the vendors of Napster to be satisfied in aggregate by $15.0 million in cash, and the issuance of approximately 200 million MelodyVR shares.”
The post Music VR startup MelodyVR announces plan to merge with Napster appeared first on Music Ally.
Source: Music ally

Aller à la barre d’outils