REWIND: The new music industry’s week in reviewLast week was a busy week by any definition; the music industry was no exception, with Soundcloud up for sale, Bandsintown hitting new records, a post-pandemic livestreams boom, and more…
The post REWIND: The new music industry’s week in review appeared first on Hypebot.

Global music streams grew by 33.7% to 7.1tn in 2023 according to Luminate.
That’s 7. 1 trillion music streams last year across the world. The stat comes from research firm Luminate’s 2023 Year-End Music Report, which was published this week:
• The 7.1tn streams were across audio and video services, with that total up 33.7% year-on-year. Of that total, 4.1tn were on-demand audio song streams, up 22.3%.
• Luminate’s report doesn’t state the video total outright, but it’s easy to calculate from its figures for total streams and audio streams. There were 3tn on-demand video song streams in 2023, up 63.3% from the 1.9tn in 2022.
• It may be an uncomfortable topic for music rightsholders to think about, but video streams appear to be growing nearly three times faster than audio streams.
• Luminate’s ‘Track Streaming Pyramid’ data is very interesting in the light of Spotify’s decision to not pay royalties to tracks until they reach 1,000 streams in the previous 12 months.
• According to Luminate’s calculations, 152.2m tracks were streamed less than 1,000 times in 2023. That’s a startling 82.7% of all the audio ISRCs that it tracks for this research.

#MusicIndustry #MusicBusiness #MusicAlly

Chase McDaniel Signs with Big Machine RecordsBig Machine Records has announced the signing of singer-songwriter Chase McDaniel to its impressive roster of artists which includes Tim McGraw, Carly Pearce, Midland, The Cadillac Three, Jackson Dean, Brian Kelley, Danielle Bradbery, Mae Estes, LECADE and more. The announcement comes with the launch of the pre-order for McDaniel’s forthcoming Blame It All On Country Music EP, arriving January 26. 

Raised in the small town of Greensburg, Kentucky by his grandparents, McDaniel is one of Nashville’s most tenacious, overcoming all of the many obstacles life has thrown at him and turning it into something valuable. A natural entertainer with an unmatched work ethic and disarming charisma, Chase’s true secret to his success lies within his genuine connection and open conversation with his fans.

“Chase is not only talented and smart but is truly someone who makes his own luck. He has a determination that inspires our entire team to dig even deeper,” shares Big Machine Label Group CEO & Chairman, Scott Borchetta. “He has a clear vision, and we can’t wait help make that vision a reality.”

“Scott and the team over at Big Machine Records have understood what fuels me and my dreams from the first meeting. It just clicked,” said Chase McDaniel. “I can’t express how grateful and excited I am to work with them, learn from them and grow this thing together.

chasemcdanielmusic.com/tour

The Future of Sound at NAMM!We’re counting down the days until the industry’s grandest spectacle, The NAMM Show, and we’ve got something that will make your visit rock! Get ready to immerse yourself in the auditory revolution as QSC takes center stage.

STEP INTO THE FUTURE WITH QSC

This is not just a booth; it’s an experience. Join us in our brand-new and expanded demo room at Booth 18802, ACC North Level 2. Each hour, we’ll be showcasing the awe-inspiring L Class Active Line Array System and the brilliantly intuitive QSC SysNav remote software for iOS and Windows. Our product specialists will be on hand, ready to guide you through the future of sound across our entire portfolio. Don’t just witness innovation — immerse yourself in it.

AUDIO POWERED BY QSC

QSC Audio Takes Center Stage Experience the power of music like never before in the NAMM Ballroom. We’re unleashing a colossal 52-box L Class/KS system, driving the pulse of NAMM’s premier events. From the TEC Awards to the She Rocks Awards, Parnelli Awards, Top 100 Dealer Awards, Grand Rally for Music Education and the NAMM U Breakfast Sessions, feel the energy that only QSC can deliver.

ULTIMATE EARS LIVE STAGE

Hall A Booth 10720 | Head to the Ultimate Ears live stage for electrifying performances throughout the day. UE has curated a lineup featuring some of music’s biggest names and a few surprise guests. Brace yourself for an unforgettable experience — all powered by QSC.

QSC ALL AROUND YOU

Wherever you go on the show floor, follow the sound of excellence—it will lead you straight to us. From the smallest boutique brands to some of the industry’s most iconic names, you’ll find QSC empowering exhibitors to make lasting impressions for their visitors. Mark your calendar, set your alarms, and get ready to be part of the future of sound. We can’t wait to see you at NAMM!

REGISTER NOW

From 45m unplayed tracks on streaming services to SoundCloud’s potential sale… it’s MBW’s Weekly Round-UpThe five biggest stories to hit our headlines over the past seven days...
Source

Meet Sung Soo Han, the music executive behind K-Pop stars SEVENTEEN, and founder of HYBE-owned PLEDIS EntertainmentMBW’s World Leaders meets Sung Soo Han, founder of HYBE subsidiary PLEDIS Entertainment
Source

How to grow listeners to exceed Spotify’s new 1000 stream minimumWith songs now needing 1000 streams per year to receive royalties on Spotify, artists are asking how to ensure they exceed that threshold. So, this week’s Flashback Friday post resurfaces. Continue reading
The post How to grow listeners to exceed Spotify’s new 1000 stream minimum appeared first on Hypebot.

Listen to the full Work Hard Playlist Hard marketing audiobook FREEWith his book “Work Hard Playlist Hard,” author Mike Warner provides proven actionable advice, time-tested through more than 20 years in the music industry. Now, he’s made an updated audio. Continue reading
The post Listen to the full Work Hard Playlist Hard marketing audiobook FREE appeared first on Hypebot.

Musician’s Guide to International Standard Recording Codes [ISRCs]If you’re in the music industry, you’ve likely heard about the importance of ISRCs. But what are they? How do they work? How do they affect you as a creator or music. Continue reading
The post Musician’s Guide to International Standard Recording Codes [ISRCs] appeared first on Hypebot.

The Guitar Center Music Foundation wraps up an eventful 2023Members of the Lincoln High School Guitar Club in San Diego show instruments acquired via a grant from The Guitar Center Music Foundation, partnering with Guitars and Ukes in the Classroom.

The Guitar Center Music Foundation (GCMF), a nonprofit organization that advances the healing, transformative power of music by granting instruments to music education and music therapy programs in need, has continued to grow and expand the scope of its philanthropic efforts throughout 2023. All funds raised for GCMF in 2023 total approximately $700,000, with more than $520,000 provided in instrument grants and support for over 100 organizations, including schools, community programs, music therapy and hospitals. These efforts will continue in earnest in 2024, with activities expanding into new realms.

Key to GCMF’s fundraising efforts is partnering with Guitar Center on the “Round Up” program at Guitar Center stores and online, which allows customers to round up their purchases to the nearest dollar as a donation to GCMF. The “Round Up” program evolved in 2023, with a number of corporate partners and individual sponsors pledging dollar-for-dollar matches for funds generated from the program. (Reach out at https://guitarcenterfoundation.org/contact/ to get involved in this capacity). Funds generated via the Round Up program in 2023 totaled more than $425,000.

In addition to instrument grants and lessons program, GCMF has established an Instrument Scholarship Fund, in order to provide instruments to promising high school students going on to study music in college. This year, GCMF provided two trombones to students in New Orleans, working closely with the Preservation Hall.

August saw devastating wildfires ravage the island of Maui in Hawaii, and GCMF’s Maui Relief Fund raised close to $100,000, and to date GCMF has helped numerous local musicians get back on their feet. Q1 of 2024 will see a continuation of these efforts, focusing specifically on schools on the island.

Key grant support went to Shakira’s Foundation Pies Descalzos for the development of a new music school in partnership with Playing for Change in Quibdó, Colombia.

GCMF expanded its support to mariachi programs this year, including the development of a new program in Santa Ana, CA, at NOVA Academy. The Foundation was featured on Good Morning America in September supporting three other school-based mariachi programs.

Key partnerships were solidified or expanded with such organizations as Guitars and Ukes in the Classroom, ASCAP Foundation, Music Forward Foundation, and Musically Fed. GCMF also renewed its ongoing relationship with Challenge America, serving veterans through music therapy and songwriting, providing over 100 guitars to veterans throughout the country. The year also saw the establishment of a new annual tradition in the form of a fundraising gala. Taking place March 30, 2023, at The Canyon in Agoura Hills, CA, the event honored the career of legendary percussionist Pete “Pops” Escovedo as well as the invaluable efforts of local music teachers. A capacity crowd was in attendance, enjoying the evening’s festivities and helping the Foundation raise thousands of dollars in new funds. GCMF Executive Director Myka Miller and GCMF Chairman of the Board David Helfant served as co-hosts for the event. A spring 2024 event is currently in its planning stages.

Finally, GCMF added three new board members this year: Herb Trawick, Fred Croshal and Raul Carrega.

“These are just a few examples of the ways in which GCMF has expanded the scope of our efforts in 2023,” stated Myka Miller, The Guitar Center Music Foundation Executive Director. “Our yearly goal is to continue to grow, and we hit our marks in 2023 and then some. We thank everyone who has supported our efforts in 2023, and we look forward to an even bigger 2024!”

To learn more, visit http://www.GuitarCenterFoundation.org, or follow @GiveMusicLife on Twitter for more news or to discover ways to support The Guitar Center Music Foundation. Also, follow GCMF on Facebook and Instagram.

Phil Bauer named President of DistroKid – company founder Philip Kaplan transitions from CEO to ChairmanDistroKid claims to be the world’s largest distributor of independent music, and estimates that it distributes 30-40% of all new music in the world
Source

Spotify is now calculating royalties differently. How will it affect you?The much talked shift in how Spotify calculates royalties has happened. But what do the changes actually mean for independent musicians? The changes focus on three areas: Spotify claims these. Continue reading
The post Spotify is now calculating royalties differently. How will it affect you? appeared first on Hypebot.

How to press records using eco-friendly “Green” vinylWe all love vinyl, but there is no escaping the fact that records are made of polyvinyl chloride (PVC) and, therefore, have a lasting carbon footprint. Greenpeace says that PVC. Continue reading
The post How to press records using eco-friendly “Green” vinyl appeared first on Hypebot.

TikTok concert draws 33M proving post-pandemic potential of livestreamsWhen the pandemic shut down in-person concerts in 2020, virtual livestreams were there to save the day. But now that artists are back on stage, will people put down their. Continue reading
The post TikTok concert draws 33M proving post-pandemic potential of livestreams appeared first on Hypebot.

152 million tracks had 1,000 plays or fewer on music streaming services last year. 45 million had no plays at all.The number of tracks with no plays on audio streaming platforms jumped by 7.7 million over the past year, according to a new Luminate report
Source