Guildhall School Easter Courses 2023 Guildhall School of Music & Drama are offering a running a four-day Music Production in Logic Pro program selection of in-person courses over the Easter break

Silicon Valley Bank’s depositors will be fully protected, according to the Federal ReserveThe Federal Reserve issued a joint pair of statements on Sunday with one clear message: Silicon Valley Bank’s depositors, both insured and uninsured, will receive help in a manner that will “fully protect” all. Depositors, the statement reads, “will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.”
The move comes after recommendation from boards of the Federal Reserve and the Federal Deposit Insurance, and a consultation with the President, Treasury Secretary Janet Yellen
“approved actions to enable the FDIC to complete its resolution of Silicon Valley Bank in a manner that fully protects all depositors, both insured and uninsured.”
The statement, released by Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg, also says that the Federal Reserve is prepared to address any liquidity pressures that may arise.
Here’s what to wait for: the financing will only be made available through the creation of a new Bank Term Funding Program, which will offer 1-year long loans to banks, savings associations and credit unions as well as other depository institutions. There will also be a $25 billion backstop for the BTFP, although the Reserve wrote in the statement that it does not anticipate that accessing that backstop “will be necessary.”
“The Board is closely monitoring conditions across the financial system and is prepared to use its full range of tools to support households and businesses, and will take additional steps as appropriate,” the statement reads.
Silicon Valley Bank’s depositors will be fully protected, according to the Federal Reserve by Natasha Mascarenhas originally published on TechCrunch

Breaking: Signature Bank closed by New York banking authoritiesThe New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement.

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Learning Jazz Harmony the Berklee Way: Deconstructing ‘Misty’ – Part 2Introduction: In this lesson, we will be discussing the harmony of the jazz standard “Misty” and applying some new techniques to “There Will Never Be Another You”. This post is a follow-up to a previous video by mDecks Music, so make sure to watch Part One first if you haven’t already.

Learning Jazz Harmony the Berklee Way: Deconstructing ‘Misty’ – Part 1

We will cover the 2-5-1 progression and its extension, the 1-6-2-5, and how they are used in “Misty”. We will also explore a variation of the 3-6-2-5 progression in “Misty” using secondary dominance that tonicizes the ii.

Here’s a summary of the lesson:

Section 1: The 2-5-1 Progression in “Misty”

Definition of the 2-5-1 progression

How it is used in “Misty”

Examples of the 2-5-1 in “Misty”

Explanation of the bracket and arrow notation used to find ii-V-Is

Section 2: The 1-6-2-5 Progression in “Misty”

Definition of the 1-6-2-5 progression

How it is an extension of the 2-5-1

Examples of the 1-6-2-5 in “Misty”

Explanation of the chord progression in the key of C and Eb major

Section 3: Variation of the 3-6-2-5 Progression in “Misty”

Definition of the 3-6-2-5 progression

Explanation of the variation in “Misty” using secondary dominance

Analysis of the Gm7 chord in measures 7 and 8

Explanation of the ii/ii – V/ii – ii – V progression

Section 4: The Back-door Progression applied to “There Will Never Be Another You”

Conclusion: In conclusion, the harmony of “Misty” demonstrates the importance of the 2-5-1 and 1-6-2-5 progressions in jazz music. The variation of the 3-6-2-5 in “Misty” using secondary dominance shows the versatility and creativity of jazz musicians. By applying these techniques to “There Will Never Be Another You”, we can see how they can be used in different contexts and expand our understanding of jazz harmony.

For more jazz tutorials like this one check our mDecks Music YouTube Channel and visit mDecks.com

HYBE pulls out of bid to acquire 40% stake in SM Entertainment: ‘The market has been showing signs of overheating due to our competition with Kakao.’It's the end of the road for HYBE's ambition to buy up a large stake in one of its biggest K-pop rivals
Source

Learning Jazz Harmony the Berklee Way: Deconstructing ‘Misty’ – Part 1If you’re a songwriter or a musician, you may have come across the term “harmony” before. But do you know what it means? Harmony is the simultaneous sounding of two or more notes, creating chords that give a sense of structure and tonality to a piece of music. In jazz, harmony is the best tool that we have for songwriting, yet it’s often neglected by many songwriters and musicians. In this blog post, we’ll explore jazz harmony and how you can use it to play, improvise, arrange or even write music.

To start, let’s take a look at the harmony in the jazz standard “Misty”. The song is in the key of Eb major, and the first chord is an Imaj7 (Ebmaj7). The next chord is a IVmaj7 (Abmaj7), which is a target chord approached by way of its 2-5. This is where the Berklee College of Music’s method of harmonic analysis comes in handy, using arrows and brackets to show the progression harmonically, without any chord symbols.

By studying the harmony of “Misty” from this perspective, we can clearly see that this is a secondary 2-5-1, where the target is not the I of the key. Instead, the ii/IV and the V7/IV are called secondary functions, because they target a primary function. The ii prepares the target by positioning the listener in the subdominant of that target, which then goes to the V in the dominant region which in turn, desperately wants to resolve to the target.

An important aspect of the 2-5-1 is that harmony follows the expected path of resolution towards a target. The ii chord prepares the target by positioning the listener in the subdominant of that target, which then goes to the V in the dominant region which in turn, desperately wants to resolve to the target. Also, the 2-5-1 creates the strongest bass movement of two consecutive perfect fifths.

Using this method of contextual deduction, we can work our way backwards from the target to determine the 2-5-1 progression. For example, in the case of Eb, the ii is Fm7, which would make our progression Gm7 to C7 to Fm7. If the target is the I (Eb), we would have Fm7 Bb7 to Eb, a primary 2-5-1.

Throughout “Misty”, we can see several 2-5-1 progressions using this method of analysis. It’s essential to consider the target when dealing with harmony, and always work backwards from there.

The 2-5-1 progression is crucial to understanding and playing jazz. It creates tension and release, and adds a sense of movement and resolution to a piece of music. By studying the harmony of great jazz standards like “Misty”, you can learn a bunch of new concepts that you can apply to your own process.

In conclusion, harmony is the best tool that we have for songwriting, and it’s important to study and understand it to become a better musician. By using the Berklee method of harmonic analysis, we can learn how to look at the progression harmonically, and study the different techniques used in jazz music. Whether you’re playing, improvising, arranging, or writing music, understanding jazz harmony can help you take your music to the next level.

If you want a workbook with harmony worksheets containing more than 1300 Jazz Standards to study and work on, check out The Ultimate Jazz Harmony Workbooks Bundle by mDecks Music

And if you want all Jazz Standards fully analyzed (with chord symbols, chord-scales, and arrows & brackets) check out The Jazz Standards Progressions Book by mDecks Music

If you want to learn more about the harmony in ‘Misty’ you can check out part 2: Learning Jazz Harmony the Berklee Way: Deconstructing ‘Misty’ – Part 2

Last week in music industry commentaryCommentators in the thick of the industry last week shared their opinions and thoughts on StubHub making bank from bots, the truth behind the TikTok bans, and more… The REAL. Continue reading
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View post: Green Oak Software Offers FREE Delay And Chorus Plugins

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Silicon Valley Bank down, USDC depegged, FTX billed $34M in Jan.: Hodler’s Digest, March 5-11Bank run on Silicon Valley Bank, USDC depegged from U.S. dollar and FTX’s bankruptcy expenses hit $34 million in January.

VCs are declaring their allegiances in the wake of SVB’s collapseThe dust has yet to settle in the largest bank run in U.S. history, a collapse that in just 48 hours dismantled the tech startup-focused Silicon Valley Bank. But already a debate is raging in the venture capital community and investors are picking sides.
On Friday, a group of more than two dozen venture capital firms issued a joint statement that supports Silicon Valley Bank. The statement was notably after — and not before — Federal Deposit Insurance Corporation regulators closed the bank and took control.
And the posthumous show of support keeps growing. By midday Saturday, more than 100 venture firms had added their names to the joint statement. There are also some noticeable absences on the list, including a16z, Founders Fund, Sequoia Capital and Y Combinator.
General Catalyst and managing director Hemant Taneja wrote in a post Friday on LinkedIn that several venture capital leaders met to discuss the aftermath of Silicon Valley Bank’s downfall. A dozen of some of the best known names in venture capital, issued a joint statement that expressed support as well as disappointment.
The initial group included Accel, AltCap, B Capital, General Catalyst, Elad Gil, Greylock, Khosla Ventures, Kleiner Perkins, Lightspeed Venture Partners, Mayfield Fund, Redpoint Ventures, Ribbit Capital and Upfront Ventures
The statement reads:
Silicon Valley Bank has been a trusted and long-time partner to the venture capital industry and our founders. For forty years, it has been an important platform that played a pivotal role in serving the startup community and supporting the innovation economy in the US.
The events that unfolded over the past 48 hours have been deeply disappointing and concerning. In the event that SVB were to be purchased and appropriately capitalized, we would be strongly supportive and encourage our portfolio companies to resume their banking relationship with them.
Notably, the group is urging their portfolio companies to not get too comfortable with whatever financial institution they have moved their assets to and to be prepared to move their capital back to SVB if it is purchased and adequately funded. In the past two days, many companies have admitted to pulling their assets out of SVB and into other banks — traditional and digital — such as JPMorgan Chase and Mercury. And, several startups have shared with TechCrunch that they have seen increased demand and transfers.
While many expressed support for the move, others noted in comments below the LinkedIn post that the effort was too little, too late.
“I wish these very same VCs would have banned together and kept their deposits, their portco deposits at SVB and “stayed calm,” Sanjay Gosalia, head of product at SVB, commented on the LinkedIn post. “They now have not only very likely lost a valuable bank partner that has served them unconditionally through tough times but will go underserved in new bank relationships. They fundamentally betrayed their partner and have undoubtedly shot themselves in the foot.”

VCs are declaring their allegiances in the wake of SVB’s collapse by Kirsten Korosec originally published on TechCrunch

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SXSW is here: 22 places I plan to be from 5 minutes to 5 hours! [Kosha Dillz]It’s that time of the year. You know the time because you can feel the stress. It is the time when everyone gets their Austin vintage clothing from the year before to post. Continue reading
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