Day: 17 mars 2021

Google reduces its app sales cut for small developers

Apple’s 30% “app tax” (as critics like to call it) isn’t always 30%. It’s 15% for subscriptions once a subscriber has been paying for a year, and since November 2020 it has also been 15% for smaller developers and businesses who make less than $1m a year. A change clearly made in part due to the pressure […]
The post Google reduces its app sales cut for small developers appeared first on Music Ally.
Source: Music ally

OnlyFans launches creative fund with £20k grants for musicians

We first wrote about OnlyFans in August 2020, when Cardi B launched a $4.99-a-month subscription on the crowdfunding site previously better known for being used by adult entertainment stars. In December, the company said it was paying out $200m a month (!) to its community of creators, as it made its pitch for more mainstream celebrities to use it. […]
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Source: Music ally

Concert streaming site MySongbird seeks $5m in crowdfunding

New rules on equity crowdfunding in the US will allow startups to raise up to $5m a year from ‘non-accredited’ investors (i.e. the general public). Expect a wave of startups testing it out, including music firms. Early out of the blocks is MySongbird, a streaming service for live performances and music documentaries, which is seeking $5m […]
The post Concert streaming site MySongbird seeks $5m in crowdfunding appeared first on Music Ally.
Source: Music ally

Async to launch ‘programmable music’ through stems and NFTs

Async is a startup focused on ‘programmable art’ that is capable of changing over time. Oh, and it’s also part of the blockchain wave, with that art able to be bought, resold and interacted with. It has generated more than $1m in sales for digital artists since its launch in February 2020. Now the company is […]
The post Async to launch ‘programmable music’ through stems and NFTs appeared first on Music Ally.
Source: Music ally

Downtown’s Joe Conyers III joins Crypto·com to work on NFTs

Artists piling onto the NFTs bandwagon is one thing, but prominent music industry executives leaving their jobs for it is quite another. Joe Conyers III, of Downtown Music Holdings, has left for a new EVP role at cryptocurrency firm Crypto.com, where he will be in charge of its new “invite-only NFT platform that will feature […]
The post Downtown’s Joe Conyers III joins Crypto·com to work on NFTs appeared first on Music Ally.
Source: Music ally

Africa expansion for UMG/Boomplay and for Freeme Digital

From DSP launches to label expansions to [waves enormous plug] new education initiatives for the industry, there is plenty of exciting activity happening around Africa’s music ecosystem. There are two more examples to report on this morning. First, Universal Music Group has extended its licensing deal with streaming service Boomplay from seven countries in Africa to […]
The post Africa expansion for UMG/Boomplay and for Freeme Digital appeared first on Music Ally.
Source: Music ally

Marc Geiger: ‘We’re going into a post-Spotify earning era’

Yesterday was the first day of SXSW 2021’s online conference, including a chat between former WME music chief Marc Geiger and Pandora founder Tim Westergren – now working on their new ventures, venue network Savelive and livestreaming firm Sessions. The topic was timely: the explosion of ways for artists to connect with fans and to try […]
The post Marc Geiger: ‘We’re going into a post-Spotify earning era’ appeared first on Music Ally.
Source: Music ally

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