How How Ticketmaster Gets Away With Exorbient Fees
Thanks to Live Nation Entertainment, the parent of Ticketmaster, the cost of attending a concert or another event has exploded. Not only has the face value of tickets gone up considerably, but an even bigger problem is the tacked on “fees,” which can be as high as 75% of the ticket price. Worse, consumers are increasingly forced to buy tickets on the secondary market, where prices and fees are even higher. Read more…
Ableton Unveils Note – iOS App For Song Generation
Ableton has released Note, a new iOS app designed specifically for the early stages of the music-making process. Note offers multiple musical starting points with drum kits, melodic instruments and synth sounds. Music-makers can also create their own sound palette by recording the world around them into Note’s sampler instruments. Read more…
How Many Spotify Streams Does It Take To Live Above The Poverty Line?
Hypebot recently posed this question in an article and did the math. The poverty line for single-person households is approximately $12,000, which is quite low if you live in a major city. If you’re looking at an average payout of $0.006 per song stream, a musician living in the United States needs 3,000,000 plays annually to have a gross income of $12,000. Read more…
Too Many Songs, Not Enough Hits: Pop Music Is Struggling to Create New Stars
In a recent Billboard article, music executives say that a deluge of new music hitting the market and the difficulty of influencing TikTok’s algorithm has made building an audience harder than ever for new acts. Read more…
TikTok Parent ByteDance Explore Music-Streaming Expansion
TikTok parent ByteDance Ltd. has begun talks with music labels about expanding its music-streaming service globally to compete with industry leaders including Spotify, Apple, Amazon and others, according to people familiar with the discussions. ByteDance wants the service to eventually be integrated within TikTok and to serve as a major platform for distributing music around the world. Read more…
1010Music Announces Razzmatazz Nanobox
1010Music has announced a new Nanobox, the Razzmatazz, a drum sequencer with FM synthesis and sampling in a ultra small form factor. Read more…
Spotify For Artist Fan Study
Spotify has revealed that new releases are as important as ever, but your past catalog can be just as crucial for building your fanbase. Whether it’s finding new listeners or deepening relationships with existing fans, Spotify’s data shows that your catalog is a key part of a well-rounded music marketing strategy. Read more…
14 Reasons Why NFTs are Good for Artists
What do artists and art collectors really get when they mint or buy an NFT? Tellie breaks it down. For artists, NFTs represent a whole new way to think about selling your work. As this new format continues to shape the future of art collecting, you may be wondering about the pros and cons of getting into NFTs, both for you, as well as your collectors. Read more…