Here’s a collection of some noteworthy developments emerging from Cannes, where the music industry has descended for the Midem conference. The opening keynote for the event gathered several industry leaders to talk about the future of the music business. TuneCore CEO Scott Ackerman also gave a talk and the Worldwide Independent Network released a report. Continue Reading
Brief news items and worthy reads from around the web: Behind the scenes at Serial; risky consolidation within indie label services; who are music’s disruptors? Continue Reading
Indie music fan service Drip announced it was closing its doors last month, but the platform is not disappearing quite yet. Instead, the day before it was scheduled to shut down, Drip has been acquired by Kickstarter. Continue Reading
Indie music service Drip announced plans to close on March 18. For five years, Drip provided a platform for direct-to-fan subscription music. Artists and labels used the flexible service to distribute exclusive content to fans, offer discounted event admission, sell special edition merchandise, and more. Continue Reading
Pandora has added another direct licensing deal to its arsenal, this time with independent outfit SONGS Music Publishing. Details of the multi-year agreement were not disclosed. “Now is the time to move past the over-regulation of songwriter rights and towards a market-based approach to streaming music,” SONGS’ Matt Pincus said. Continue Reading
Brief news items and worthy reads from around the web: Insights into Spotify In Residence: Merlin CEO pens op-ed against two-tier publishing rates; a new addition to NextRadio’s platform. Continue Reading
We’ve seen some trend pieces in the past month discussing just how important it is for artists’ success to secure spots on streaming services’ popular playlists. The indie community has recognized this and is preparing to jump on the bandwagon. The Association of Independent Music in the UK has issued a request for proposal seeking an entity to operate a streaming music playlists brand focused on indies. Continue Reading
Indie licensing agency Merlin conducted a survey of its members and found that digital service revenue increased in 2014 for nearly three-quarters of its respondents. Digital revenue now accounts for more than half of overall income for more than half of Merlin’s members. The survey pointed to streaming and subscriptions as key factors in the growing digital revenue. Continue Reading
Tidal is continuing its efforts to get more musicians on board with its premium streaming service. The latest plan is for a new feature called Discovery that bypasses the third-party distribution model for independent artists. Instead, those musicians will be able to directly upload their tracks to Tidal. Continue Reading
Brief news items and worthy reads from around the web: Millennials, social media, and big data; indie labels’ snapshot of digital music; online radio listening by age. Continue Reading
Indie distribution company The Orchard announced that it has purchased RoyaltyShare, a royalty-processing service, and made a strategic investment in a second royalty processor, Korrect. Thanks to the combined elements of those businesses, The Orchard will be providing a standalone royalty processing service for independent record labels. Business management has been a pivotal topic for independent artists as more listening happens in the online space, especially with the popularity of streaming platforms. Continue Reading