All about the world of music from the inside

  • Universal Music Group is worth more than $50 billion, as firm’s share price hits highest point in 2 yearsUniversal's market cap is currently around $12 billion higher than Spotify's
    Source

    According to Google Finance, Spotify’s market cap at the close of today was USD $38.83 billion – that’s around USD $12 billion lower than UMG’s.

  • DistroKid Launches Mobile App for AndroidDistroKid, the world’s largest distributor of independent music, unveiled today its first-ever mobile app for Android. Earlier this year the company launched its first mobile app for iOS which to date has been downloaded more that half a million times. Like its iOS predecessor, the new Android app puts DistroKid’s powerful suite of tools directly in the hands of artists, enabling them to upload new releases, receive instant payment alerts, access stats from Apple and Spotify, edit metadata, and more–right from their phones.

    The DistroKid app is available for download here: https://distrokid.com/app

    “DistroKid’s mobile app for iOS has been hugely popular,” said Matthew Ogle, Chief Product Officer at DistroKid. “We’re so excited to give millions of Android users around the world access to the same streamlined experience, so they can distribute and manage their music directly from their mobile device.”

    Over the last year, DistroKid introduced other innovations to its platform. Earlier this year, the company unveiled Mixea, an AI-powered intelligent mastering tool that helps artists instantly make their music “radio ready” by optimizing bass, compression, stereo enhancement, EQ, limiting & loudness.

    Late last year, the company launched DistroVid, a service which enables users to upload music videos to Apple Music, Tidal and Vevo. DistroKid was the first music distributor to offer this kind of deal to artists – unlimited full length music video uploads for one low price.

    These were just the latest in a suite of services developed by DistroKid to help artists work faster & become more prolific. These innovations build upon DistroKid’s basic offering – unlimited music distribution – plus more than 20 free tools that help artists have fun, make music & get heard.

    In September DistroKid acquired Bandzoogle, whose powerful tools enable artists to easily create websites and sell their music directly to their fans.

    As always, DistroKid pays artists 100% of their earnings.

    About DistroKid

    Founded in 2013, DistroKid distributes 30-40% of all new music in the world. They have built their business on providing musicians, managers and record labels with online tools and services that are innovative, easy-to-use, and affordable. More than 2 million artists rely on DistroKid, including hobbyists, up-and-coming musicians, top influencers, and international stars. DistroKid’s expanding array of services include music distribution, monetization, metadata customization, storage, and promotion. DistroKid’s skilled staff, coupled with a largely automated backend, has enabled DistroKid to process more than 25 million songs, while simultaneously providing fast, personal & friendly customer service to artists of every size.

    DistroKid, the world’s largest distributor of independent music, unveiled today its first-ever mobile app for Android. Earlier this year the company launched its first mobile app for iOS which to d…

  • Apple eyes paying extra for music in a format Spotify doesn’t offerApple Music may soon pay all artists that release music in the Dolby Atmos spatial audio format a higher royalty rate than regular stereo mixes. “Listeners wouldn’t necessarily have to. Continue reading
    The post Apple eyes paying extra for music in a format Spotify doesn’t offer appeared first on Hypebot.

    Apple Music may soon pay all artists that release music in the Dolby Atmos spatial audio format a higher royalty rate than regular stereo mixes. “Listeners wouldn’t necessarily have to. Continue reading

  • 2024 Music Industry Predictions from Janelle Borg of AmplifyBetween now and the end of the year, Hypebiot will be publishing a series on 2024 Music Industry Predictions from our favorite forward thinkers in music and music tech. First. Continue reading
    The post 2024 Music Industry Predictions from Janelle Borg of Amplify appeared first on Hypebot.

    Between now and the end of the year, Hypebiot will be publishing a series on 2024 Music Industry Predictions from our favorite forward thinkers in music and music tech. First. Continue reading

  • Music Will & the Importance of Music EducationAs the founder and chief visionary officer of Music Will, David Wish helps teachers and students transform lives through music education. Wish joins Michael Brandvold and Jay Gilbert on the. Continue reading
    The post Music Will & the Importance of Music Education appeared first on Hypebot.

    As the founder and chief visionary officer of Music Will, David Wish helps teachers and students transform lives through music education. Wish joins Michael Brandvold and Jay Gilbert on the. Continue reading

  • Metallica Announce FOR WHOM THE BAND TOLLS! Marching Band Competition FinalistsWith 450+ colleges and high schools across the U.S. having signed up since its April 10 announcement, the first annual Metallica Marching Band Competition has announced its finalists today at http://metallicamarchingband.com/.

    Five finalists have been chosen in each of the following categories by professional judges, furnished by Conn Selmer: 

    Collegiate: Division 1 – $75,000 in prizing:

    Auburn University

    Fresno State University

    Iowa State University

    University of Iowa

    University of Texas at Austin

    Collegiate: Division 2, 3 – $40,000 in prizing:

    Blinn College

    Eastern New Mexico University

    Manchester University 

    West Texas A&M University

    Western Illinois University

    High School: Small, Medium & Large – $15,000 each in prizing:

    Small High School:Cleveland High School – Cleveland, ALEdinburg High School – Edinburg, TXOakton High School – Vienna, VAOologah High School – Oologah, OKValhalla High School – El Cajon, CA

    Medium High School:Boerne High School – Boerne, TXDesert Mountain High School – Scottsdale, AZDeWitt High School – DeWitt, MIKell High School – Kennesaw, GAMalverne High School – Malverne, NY

    Large High School:Austin High School – Sugarland, TXDobyns-Bennett High School – Kingsport, TNLambert High School – Suwanee, GALorena High School – Lorena, TXPell City High School – Pell City, AL

    The members of Metallica will select the winners in each of the above categories at a date to be determined in early January.  

    Additionally, two Fan Favorite winners—one Collegiate (across all divisions) and one High School—will be determined by popular vote and awarded $10,000 each in prizing. Go to https://www.metallicamarchingband.com/submissions/high-school#content to watch submissions and vote anytime up until December 31.

    Winners will receive musical instruments and equipment for their school programs at the values listed above, provided by Metallica and sponsors including Tama, KHS America, Zildjian, D’Addario Woodwinds, Evans Drumheads, ProMark, and Gator, in partnership with Sweetwater. 

    The Metallica Marching Band Competition promises to be a yearly national challenge to marching bands of all levels to craft their most exciting, unique, and impressive performances of the band's songs. For further information, please go to http://metallicamarchingband.com

    With 450+ colleges and high schools across the U.S. having signed up since its April 10 announcement, the first annual Metallica Marching Band Competition has announced its finalists today at&…

  • Fan engagement and social media platform FENIX360 plans to list on NASDAQ in $610m SPAC mergerSingapore-based FENIX360 to combine with blank check company DUET
    Source

  • Here’s exactly how Spotify’s new 1,000 annual streams royalty policy works…Spotify is introducing a significant update to the way it calculates recorded royalties next year
    Source

    Spotify is introducing a significant update to the way it calculates recorded royalties next year…

  • 2023 Pollstar Top Tours up 46%, but other Artists & Venues struggleRevenue from the Top 100 grossing Tours jumped 46% in 2023 to reach a record high of $9.17 billion, according to an analysis by live event industry trade Pollstar. Taylor. Continue reading
    The post 2023 Pollstar Top Tours up 46%, but other Artists & Venues struggle appeared first on Hypebot.

    Revenue from the Top 100 grossing Tours jumped 46% in 2023 to reach a record high of $9.17 billion, according to an analysis by live event industry trade Pollstar. Taylor. Continue reading

  • Top TikTok Songs of 2023 show shifts in music trendsTikTok is its own not-so-little world when it comes to music trends, and those trends can teach us a lot about how music listeners are changing. by Bobby Owsinski of. Continue reading
    The post Top TikTok Songs of 2023 show shifts in music trends appeared first on Hypebot.

    TikTok is its own not-so-little world when it comes to music trends, and those trends can teach us a lot about how music listeners are changing. by Bobby Owsinski of. Continue reading

  • All the major Music Streaming News & Updates from 2023 in one place…2023 has proven to be a landmark year for music streaming services, with the royalty pay-out debate noise reaching all-time levels and AI music on everyone’s worry list. But so. Continue reading
    The post All the major Music Streaming News & Updates from 2023 in one place… appeared first on Hypebot.

    2023 has proven to be a landmark year for music streaming services, with the royalty pay-out debate noise reaching all-time levels and AI music on everyone’s worry list. But so. Continue reading

  • Cast Your Vote in the AllMusic 2023 Readers' PollAs we review our favorite albums of the year, we turn it over to you to vote in our annual readers' poll. ​Each of you has five votes to spend in our annual year-end poll, with a ballot built from our readership's best-rated albums of 2023.

    We've launched our Year in Review hub, beginning with the year's 100 best albums and continuing with a new genre-specific list each weekday. But now it's time to let us know what…

  • Getting It Done: The Week in D.I.Y. & Indie MusicLast week, our tips and advice for independent, do-it-yourselfers covered how to learn more about your fans, the best modern strategies for releasing music, and more…
    The post Getting It Done: The Week in D.I.Y. & Indie Music appeared first on Hypebot.

    Last week, our tips and advice for independent, do-it-yourselfers covered how to learn more about your fans, the best modern strategies for releasing music, and more…

  • REWIND – New music industry’s week in review: Spotify troubles, Chart turmoil & MoreLast week was a busy week by any definition; the music industry was no exception, with Spotify making big cuts, a new streaming service emerging, and more…
    The post REWIND – New music industry’s week in review: Spotify troubles, Chart turmoil & More appeared first on Hypebot.

    Last week was a busy week by any definition; the music industry was no exception, with Spotify making big cuts, a new streaming service emerging, and more…