Musically adds to this and UMG says: “I must remind you, 11 or 12 years ago, no one had heard of Spotify in the United States...". If you know the story of #Spotify it is quite interesting to know how this "breakthrough" had happened.
#MusicBusiness #majorlabels #independent #indie #Music

Medium.com (https://me.dm/@medium) launched a #Mastodon instance.

"Medium has somewhere between 85 and 100 million monthly active users".

https://blog.medium.com/medium-embraces-mastodon-19dcb873eb11

This letter seems very logical from #majorlabels point of view. Every corporation needs to grow at YTD sales and profit rate each year. And as soon as something starts to change then the #MusicBusiness model requires a change again...for the sake of competition.

The UK trade association for entertainment retailers released its annual estimates for the UK entertainment market, showing strong growth for video but less impressive increases for music and games by #Midia research.
#MusicIndustry #MusicBusiness #Streaming #Film #Games

"With a 2023 set to be a challenging year for the global economy, it is a good time to look at how the music industry has performed in the year to date."
#MusicBusiness #MusicIndustry

Oh, wtf #AI #music is going to be released at Anghami and will be present at the streaming platforms. Real humans are already releasing 2 songs a second at #Spotify. We need real people to continue creating music not bots

"You can automate later. Focus on innovating."

Crypto Music history and NFT music stores with Maarten Walraven.

My several words to this.
Not only we need better alignment, but we need better friendly collaboration and support while targeting to mutual goals for the society not only for ourselves and not for profit of individuals exploiting others.

BTC Netflows Record Largest Outflows from #crypto Exchanges

yes, it's global 90s again
https://mstdn.social/@kissane/109501687576762571

"The same factors are at play at the server layer. Since both Mastodon and the larger #Fediverse are decentralized, they are open ecosystems, in which anyone can set up and maintain a node: a server running a Mastodon instance, federated through the #ActivityPub protocol with the rest of the Fediverse. Over the last two weeks the number of instances grew proportionally more quickly than the number of users, showing that the model can sustainably scale. At the same time, many servers had to limit or stop accepting users, as either the technical infrastructure or their finances broke.

But servers are more than just ways to distribute load. Servers are also nodes that control information flows, through content blocking decisions. Unlike on the world wide web, federation does not mean full interconnection. The Fediverse is, by design, fractured by server-level decisions that block and cancel access to other parts of the network. Users can also make such decisions at individual level, but at the scale of the network, it’s the servers that count."

https://techpolicy.press/priorities-to-make-the-fediverse-sustainable/

Fan-owned team on NEAR in #crypto

Same "name", but different meaning of #TheMusicverse for #Music and #Creators. We target to completely different not corporative approach of the #musicindustry and music #metaverse in the #Fediverse with @musicverse. Ideas are in the air? It's all about people though.

https://www.musicbusinessworldwide.com/deadmau5-and-richie-hawtins-metaverse-platform-pixelynx-acquired-by-the-sandbox-parent-animoca-brands/

The #Fediverse​ is so much bigger than #Mastodon