Posts filtered by tags: Bruce Houghton[x]


 

Facebook Could Be the Future of Social Music, But Isn’t Yet [Mark Mulligan]

In an ere where almost everything is billed as "social," streaming music is a surprisingly outlier. Given music's power to bring people together, streaming would seem ripe as a social hub. Facebook could fill that void - without ever launching its own streaming service.  But, as MIDiA's Mark Mulligan points out, so far Facebook + music are more about promise than delivery. By Mark Mulligan of MIDiA from his Music Industry blog Facebook recently secured licensing deals with music r...
Tags: Facebook, Asia, Music, Japan, India, Bruce Houghton, Mark Mulligan, Facebook Facebook, Kugou Kuwo, Bytedance TikTok


Songtradr Adds $12 Million To Fund Global Growth

Music licensing platform Songtradr has completed a Series B capital of US$12 million to support acquisitions, growth and product development. This round brings Songtradr’s total funding to date to $21.5 million. Billing itself as the only fully-automated, open marketplace for music licensing with over 400,000 artists and catalogs from 190+ countries, Songtradr reports year-over-year revenue growth of over 400%. The lead investor in the round is former musician Richard White, CEO and foun...
Tags: Music, US, Bruce Houghton, Richard White, Songtradr, Paul Wiltshire, WiseTech Global WTC


Streaming Music Forecast 2018 - 2026 [MIDiA]

Respected music and entertainment industry analysts MIDiA have just published its latest global music forecasts, with revenue and user numbers projected through 2026. __________________________ From MIDiA's Mark Mulligan from the Music Industry blog 2017 was the last year of strong streaming revenue growth. From 2018 onwards streaming growth will lessen each year, falling from 29% in 2018 to 7% in 2026. The slowdown in revenue growth reflects maturation of developed streaming market...
Tags: Spotify, Music, Japan, UK, Australia, France, China, Germany, India, US, Bruce Houghton, Mark Mulligan, Brazil India, Brazil Mexico, US UK Sweden Netherlands, Asia Argentina Brazil Colombia Mexico


Tencent Music [NYSE: TME] Stock Fell 11% Wednesday

UPDATE 2: Tencent Music [TME] stock took a hit Wednesday after the streamer's first post-IPO report to investors included a $127 million quarterly loss. Tencent stock closed Wednesday at $16.66 USD, down $1.91 or 10.29% and fell another 1% in after hours trading. Investors were not happy, even though the company had forecast the loss caused by a one time $221 million stock issuance to Warner Music Group and Sony Music Entertainment. More details: Tencent Music Posts $127M Loss, ...
Tags: Music, Sony, Tencent, Bruce Houghton, Warner Music Group, Tencent Music


Songs By Jay-Z, Nina Simone, More More Added To National Recording Registry

The Library of Congress announced Wednesday (March 20) that songs performed by Jay-Z, Cyndi Lauper, Neil Diamond and Nina Simon are among 25 recordings being inducted to the National Recording Registry. This year’s selection includes: Jay-Z’s Blueprint album, Lauper’s “She’s So Unusual,” Diamond’s “Sweet Caroline,” Simon’s “Mississippi Goddam,” Earth, Wind & Fire’s “September,” Sam & Dave’s “Soul Man,” Curtis Mayfield’s “Superfly,” Sylvester’s “You Make Me Feel (Mighty Real),” Ritchie Val...
Tags: Music, Congress, Broadway, Benjamin Britten, Nina Simone, Jay, Martin Luther King Jr, Bruce Houghton, Sylvester, Cyndi Lauper, Robert F Kennedy, Sam Dave, Curtis Mayfield, Dexter Gordon, Stan Freberg, Lauper


Splice Raises $57.5M, Artist Payments Pass $15M

Splice has raised $57.5 million in a Series C round to expand its music sample subscription service and other artist services. The startup also announced that it has paid $15 million in royalties since launching in 2013 to creators who offer samples through the company's artist-to-artist service, Splice Sounds. Leading the round are existing investors Union Square Ventures and True Ventures, joined by DFJ Growth, Flybridge, and Lerer Hippeau. Liontree, Founders Circle Capital, & Matt Pin...
Tags: Music, True Ventures, Union Square Ventures, Dfj, Bruce Houghton, Steve Martocci, Splice, Songz Publishing


THU. BRIEF: Splice Raises $57.5M • Tencent Music Tumble • Pandora Celebrates Spring • Tuner • More

THURSDAY 3.21. 19 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Bruce Houghton


AM BRIEF: Splice Raises $57.5M • Tencent Music Tumble • Pandora Celebrates Spring • Tuner • More

THURSDAY 3.21. 19 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Bruce Houghton


Tencent Music [NYSE: TME] Stock Falls 10.3% Wednesday

[UPDATE] Tencent Music [TME] stock took a beating Wednesday after the streamer's first post-IPO report to investors included a $127 million quarterly loss. TME stock closed trading on the New York Stock Exchange Wednesday at 16.66 USD down $1.91 or 10.29%. Investors were not happy, even though the company had forecast the loss caused by a one time $221 million stock issuance to Warner Music Group and Sony Music Entertainment. More details: Tencent Music Posts $127M Loss, 664M Mon...
Tags: Music, Sony, New York Stock Exchange, Bruce Houghton, Warner Music Group


Tencent Music [TME] Stock Falls 9.3% After Earnings Report

Tencent Music stock was taking a beating on Wednesday after the streamer's first IPO report to investors. Tencent Music had posted a $127 million loss. As of early afternoon, TME was trading on the New York Stock Exchange at $ 6.86 USD, down $ 1.71 or 9.21%. Investors were not happy, even thought the company had forecast the loss caused by a one time $221 million stock issuance to Warner Music Group and Sony Music Entertainment. More details: Tencent Music Posts $127M L...
Tags: Music, Sony, Streaming, New York Stock Exchange, Music Business, Music Tech, Bruce Houghton, Warner Music Group, Startups & Funding, Tencent Music


BUSINESS OF INDIE: Chess Club Records • Big Hit Entertainment • Prima Classic • Ditto • More

In this week's edition of the Business Of Indie , Chess Club Records adds an investor and new distribution, BTS propels Big Hit Entertainment,  indie label Prima Classic launches, Ditto adds a management division and much more. Like Hypebot's More News  section,  The Business Of Indie  is nestled under its own  Indie tab at the top of the site and features a regularly updated compendium of indie news from hundreds of global sources.   READ BUSINESS OF INDIE HERE. ...
Tags: Music, Bruce Houghton, Business Of Indie, Business Of Indie Chess Club Records


Streaming Music Forecast 2018 - 2106 [MIDiA]

Respected music and entertainment industry analysts MIDiA have just published its latest global music forecasts, with revenue and user numbers projected through 2026. __________________________ From MIDiA's Mark Mulligan from the Music Industry blog 2017 was the last year of strong streaming revenue growth. From 2018 onwards streaming growth will lessen each year, falling from 29% in 2018 to 7% in 2026. The slowdown in revenue growth reflects maturation of developed streaming markets ...
Tags: Spotify, Music, Japan, UK, Australia, France, China, Germany, India, US, Bruce Houghton, Mark Mulligan, Brazil India, Brazil Mexico, US UK Sweden Netherlands, Asia Argentina Brazil Colombia Mexico


WED. BRIEF: Tencent Music Posts $120M Loss • Pandora Adds Modes AEG Adds Mission Fair Ticketing • More

WEDNESDAY 3.20. 19 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Bruce Houghton


Fall Out Boy Sued Over Use of Furry Llama Puppets

Fall Out Boy is being sued by the Furry Puppet Studio for allegedly overusing the life-sized llama puppets that appeared in their 2017 video for “Young and Menace.” In a 133-page complaint filed by famed Pennsylvania attorney Francis Malofiy, Furry Puppet admits that the company was hired by Rubrik House to create puppets for use in the band’s video.But, according to the company, Fall Out Boy’s “limited implied license” did not extend beyond that project. Fall Out Boy has since u...
Tags: Music, Pennsylvania, Fall Out Boy, Bruce Houghton, Francis Malofiy Furry Puppet, Rubrik House, Universal Music Group Inc Sony Music Entertainment, Furry Puppet Studio Inc


ADA Inks Sara Evans' Born To Fly Records

WMG owned indie distributor ADA Worldwide has partnered with multi-platinum country artist Sara Evans and her indie label, Born To Fly Records. ADA will support the Nashville-based label with sales and distribution globally. Launched in 2017, Born To Fly Records is home to Evans’ critically acclaimed eighth studio record, Words, which was named one of Billboard and Rolling Stone’s Top Country Albums of the Year. The ACM Female Vocalist of the Year is currently prepping her new album, due ...
Tags: Music, Nashville, Evans, Warner, Rolling Stone, Ada, Bruce Houghton, Sara, WMG, Aaron Watson, Craig Dunn, Sara Evans, ADA Worldwide, Kenny Weagly, Records ADA, Big Label Records and Broken Bow Records


Canadian Independent Music Association Gets $20M From Federal Government

The Canadian Independent Music Association has been awarded $20 million the federal government over the next two years for the Canada Music Fund. The CMF has been a critical source of support over the years but had been underfunded and over-subscribed for the past decade. “This funding increase is fantastic news for Canada’s commercial music industry. We are incredibly grateful to the Federal government and specifically our dedicated advocate, Heritage Minister Pablo Rodriguez, for showin...
Tags: Music, Canada, Bruce Houghton, Cima, Pablo Rodriguez, CMF, Canada Music Fund CMF, Canada Music Fund, Canadian Independent Music Association, Stuart Johnston President of CIMA, Board Chair Lisa Logutenkow


Pandora Adds 'Modes' For Custom Lean Back Listening

Pandora has added Modes, a new feature for both free and premium users to customize the listening experience on Pandora stations. New are selectable modes within stations including “Crowd Faves” (most thumbed-up tracks by other listeners), “Discovery” (hear more songs by other similar artists) and “Artist Only” (songs only by the station artist). Some stations also feature "Deep Cuts" and "Newly Released" modes. Pandora’s classic "My Station" radio experience will remain the default. ...
Tags: Music, Pandora, Bruce Houghton, Pandora Modes


Tencent Music Posts $127M Loss, 664M Monthly Active Users

Tencent Music posted a $127 million loss in its first quarterly report its a December 2018 IPO. The loss, which the streamer forecast in its IPO prospectus stems from a one time $221 million stock issuance to Warner Music Group and Sony Music Entertainment. Tencent Music reported 664 million monthly active users and 27 million paid subscriber as of the end of 2018.  Financial Highlights From the Tencent filing.  In the three months ended  December 31, 2018 : Total revenues incr...
Tags: Music, US, Tencent, Sony Music Entertainment, Bruce Houghton, Company, The Company, Warner Music Group, Kugou, Kuwo, Tencent Music, Sony Music Entertainment Tencent Music, Cussion Kar Shun Pang, Cheuk Tung Tony Yip, Shirley Min Hu, QQ Music Kugou Music


Patreon Raises Some Prices, Reports 100K Creators Earn $500M Yearly

Patreon has added new tier pricing which mean higher fees for many new creators using the fan funding platform. To take advantage of the lower grandfathered rates, creators must Patreon in the next few weeks before the new rates hit in early May. 3 million fans now pay 100,000 creators more $500 million a year on Patreon, It will cross $1 billion in payouts in 2019, six years after launching.  The rate increase has been long anticipated by many who questioned if Patreon could survive a...
Tags: Music, Diy, Crowdfunding, Music Industry, Indie, Musicians, Jack Conte, Patreon, Music Business, Music Tech, Musician, Bruce Houghton, D.I.Y, Diy Musicians, Fan Funding


AM BRIEF: Tencent Music Posts $120M Loss • Pandora Adds Modes AEG Adds Mission Fair Ticketing • More

WEDNESDAY 3.20. 19 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Bruce Houghton


NMPA, Downtown, Ole, Peer, Others Sue Peloton For $150M In Song Infringement

The National Music Publishers’ Association (NMPA) has filed a lawsuit against exercise equipment and streaming giant Peloton on behalf of members Downtown Music Publishing, Pulse Music Publishing, ole, peermusic, Ultra Music and others. The lawsuit alleges infringement of more than a thousand musical works and seeks damages of more than $150 million. Music publishers Big Deal Music, Reservoir, Round Hill, TRO Essex Music Group, and The Royalty Network also joined the lawsuit. Whil...
Tags: Music, Gwen Stefani, Streaming, Music Business, Ole, Bruce Houghton, Florida Georgia, Downtown Music Publishing, Royalty Network, Peloton, NMPA, Ultra Music, David Israelite, National Music Publishers ' Association NMPA, Peermusic, Publishing & Songwriting


Fiona Apple Teases New Music With Instagram Videos

Fiona Apple has teased new music with two very casual videos on Instagram. The visual social media platform is gaining major traction as a music marketing channel, even as it's owner Facebook's effectiveness declines.   [Author: Bruce Houghton]
Tags: Facebook, Music, Bruce Houghton, Fiona, Fiona Apple


The Recording Industry Is Growing, So Why Do We Need Article 13? [Op-Ed]

With Article 13 just weeks away from becoming law both sides are ratcheting up to support or fight the copyright directive.  Mike Masnick sits firmly in the later cap and asks why the restrictive legislation is need at a time of explosive growth in the music industry. ________________________________________ By Mike Masnick from Techdirt A key claim by those who support Article 13 is that it's necessary to get "fair compensation" for artists on the internet. Whenever more specifics ...
Tags: Europe, Music, US, Streaming, Riaa, Music Business, Music Tech, Bruce Houghton, Mike Masnick, Napster, IFPI, Publishing & Songwriting, YouTube & Video, Axel Voss


JUNO Award Winners 2019: The Full Winner List

The Juno Awards, Canadian Academy of Recording Arts and Sciences (CARAS) and CBC took over Budweiser Gardens in London, Ontario last weekend to celebrate Canada's annual biggest night if music. Hosted by Sarah McLachlan, the event featured 11 spectacular performances including Dance Recording of the Year winners Loud Luxury alongside the Western University Marching Band; emerging pop-singer and Breakthrough Artist of the Year bülow; Rock Album of the Year and Group of the Year winne...
Tags: Europe, Music, Japan, China, Vienna, Canada, Katy Perry, Kendrick Lamar, Beethoven, Jackie Chan, Bahamas, Vaughan, Cbc, Wilson, David Foster, Calvin Harris


BTS Pre-Sale Exceeds 2.6 Million Albums In Just 5 Days

K-Pop superstars BTS have pre-sold more than 2.6 million copies of the album "Map of the Soul: Persona" Set to be released on April 14, the album may be the biggest pre-sale in history, a particualty impressive feat in an era where streaming has surpassed physical sales. BTS hit this milestone just five days after the pre-sale March 13. Korean album distributor iRiver reports 2,685,030 copies sold. The band begins a stadium tour of Asia, Europe, and North and South Americas and will pr...
Tags: Music, North, Bruce Houghton, Asia Europe, South Americas, Iriver


TUE. BRIEF: Spotify Plans Songwriter Town Halls • 2.6M BTS Pre-Sale • Recording Academy Narrows Search • More

TUESDAY 3.19. 19 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Music Business, Music Tech, Bruce Houghton


Moby Releases Album Exclusively On Calm Meditation App

Moby has released his new album Long Ambients 2 via an exclusive partnership with the world’s leading sleep and meditation app, Calm. The album, which was released Friday (March 15) on World Sleep Day, will be available exclusively on Calm Music, the Calm app’s new music platform for 30 days. After that, it will become available via other music platforms including iTunes and Spotify. Moby’s Long Ambients 2 is a companion piece to 2016’s Long Ambients 1: Calm. Sleep., which was relea...
Tags: Music, San Francisco, Bruce Houghton, Spotify Moby


AM BRIEF: Spotify Plans Songwriter Town Halls • 2.6M BTS Pre-Sale • Recording Academy Narrows Search • More

TUESDAY 3.19. 19 Music Business News From Around The Web Updated continuously under the More News tab [Author: Bruce Houghton]
Tags: Music, Music Business, Music Tech, Bruce Houghton


Myspace Has Lost 50 Million Tracks From 14 Million Artists

Myspace has lost all content uploaded to the site before 2016 including more than 50 million tracks,videos and photos from 14 million artists.  Users noticed that content was missing almost a year ago. MySpace was once the most important social network in the world and served as a vital conduit of fan communications for many musicians. Over time, however, most fans moved on to Facebook and other social networks. Now, MySpace has confirmed the new data loss, blaming a faulty migrat...
Tags: Facebook, Music, Social Media, Time Inc, Music Business, Music Tech, Bruce Houghton, Andy Baio, D.I.Y, People Entertainment Network


How To Prepare For A Post-Album Music Industry [Keith Jopling Of MIDiA]

The album is not dead, but it is fading away; and stats shared by MIDiA analyst Keith Jopling confirm the trend. Adults that claim to listen to whole albums monthly, stands at just 16% according to Q4 ‘18 data from MIDiA, a drop from 22% in the previous quarter. ______________________________   By Keith Jopling, MIDiA’s Consulting Lead from the Music Industry blog. This is a follow-up piece to What’s Next In Playlist Innovation? Every week I’m still excited to check out the lates...
Tags: Apple, Spotify, Music, Netflix, Pandora, Ariana Grande, Elton John, Kanye, Reed Hastings, Bruce Houghton, Bowie, Migos Drake, Keith Jopling, Netflix Fortnite TikTok, Amazon Bandcamp, Rhapsdoy