How Sony Music Group accelerated its status as the world’s 2nd biggest music rights company in 2022In a milestone year for Sony, the company's global music operation grew the gap between it and Warner's annual revenues
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NetEase Cloud Music now counts over 611,000 registered independent artistsNCM had 38.3 million monthly paying users at the end of 2022
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What do Spotify DJ & YouTube’s Radio Builder mean for broadcast radio? [Fred Jacobs]While broadcast radio still has a substantial audience, its numbers are declining partly because of on-demand music streaming, exacerbated, many would say, by a failure to invest in live content.. Continue reading
The post What do Spotify DJ & YouTube’s Radio Builder mean for broadcast radio? [Fred Jacobs] appeared first on Hypebot.

DistroKid adds ‘Mixea’ AI-powered music mastering serviceD.I.Y. music distributor DistroKid adds to its growing toolkit with Mixea today, an AI-powered mastering tool designed to make music “radio ready” by optimizing bass, compression, stereo enhancement, eq, limiting,. Continue reading
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Music creators and independent labels – have your voice heard!MIDiA is currently fielding two separate surveys that will help us create the definitive view of the contribution from music creators and independent labels to the global music market. We are exploring what it means to be a label and a creator in today’s fast-changing and challenge-strewn music business. We are listening to what challenges they face and how they feel about the coming year.

We have already got some great responses, but we want more! Not only will these surveys give you the chance to have your voice heard, we will share a summary of the results with all respondents. This means you will be able to benchmark yourself against your peers to get a better sense of how you are doing and assess whether your concerns and aspirations are shared by others.

Crucially, we do not share ANY respondent-level data. What this means is that your responses only ever go into the total average responses. Nothing is ever attributable to you and we have a comprehensive privacy and data protection policy that you can read when you take the survey.

The two surveys are:

Music creator survey: if you are an artist, songwriter, producer / engineer, performer, sound designer, and / or composer then this survey is the one for you. Click here to take the survey

Independent label survey: if you are a record label or distributor of any size that is not a division of a major record label, then this is the survey for you. Click here to take the survey. (Note – the extra reason for independent labels and distributors to take this survey is that we use the data to help create the global market shares data, to create the most accurate reflection of the contribution of independents possible)

If you have any questions then please email info@midiaresearch.com

5 ways Web3 could create a more secure Music Industry for all artistsFrom distribution to IP rights to digital storage, and more Web3’s revolutionary technology has the potential to improve the music industry’s efficacy and security. by Janelle Borg of AmplifyYou The. Continue reading
The post 5 ways Web3 could create a more secure Music Industry for all artists appeared first on Hypebot.

Two notes unveil Ministry DynIR Hot Rod The latest DynIR release from Two notes captures a selection of guitar cabinets picked by industrial metal band Ministry. 

FrozenPlain Lost Reveries Designed unapologetically for one purpose, Lost Reveries provides you with customisable, playable, ambient-drone synthesis created by an expert of the genre, Hilyard. It's a... Read More

MPG Awards 2023: Shortlists revealed The shortlists for this years MPG Awards have been announced, along with the winner of the first of three additional awards gifted by the Music Producers Guild.

Face the reality of Polygon network outage.
#crypto #Blockchain #Polygon

Roland announce SH-4d Roland's new desktop module is packed with oscillator models that promise to deliver everything from classic SH-101 and Juno-106 tones to more modern digital sounds.

Get EON By Modalics FREE For A Limited Time
Modalics offers the EON ($29 value) arpeggiator plugin as a FREE download for a limited time. Arpeggiators are indispensable for synths, and it’s always a delight to see solid plugins taking them on. While Cthulhu and BlueARP have served faithfully for many a year, Modalics has thrown their hat into the ring with EON. EON [...]
View post: Get EON By Modalics FREE For A Limited Time

Sound Magic Dynamic9:Blue25 Dynamic9 is a series dynamic processing unit modelled from vintage units. By using the latest Black Box Modelling technology, Dynamic9 series can offer an affordable price for the vintage... Read More

Lucid shares drop as EV maker misses 2023 delivery expectationsLuxury electric vehicle maker Lucid Motors missed Wall Street estimates for fourth-quarter and full-year 2022 revenue, as well as 2023 production and delivery goals, causing the company’s stock price to tumble almost 10% in after-hours trading.
That’s a particularly rough outcome for a company that’s been battling supply chain issues and has had to slash production targets in the past. Lucid had just been on the up after producing 7,180 vehicles last year, exceeding its own production guidance of 6,000 to 7,000 vehicles. Of those vehicles, 4,369 were delivered in 2022. When the company announced this success last month, shares popped briefly.
On Wednesday, Lucid set 2023 annual production targets of 10,000 to 14,000, which is roughly half of the 20,000 to 22,000 deliveries analysts had expected for the year.
Lucid’s revenue also fell short of expectations. In the fourth quarter, the company reported revenue of $257.7 million, which is quite shy of analyst expectations of $302.61 million, per Yahoo Finance data. Analysts had expected $661 million for full-year revenue, but Lucid delivered $608.2 million.
Lucid ended the year with about $4.9 billion in total liquidity, which the company says will fund operations into the first quarter of 2024. That includes $1.7 billion in cash and cash equivalents. However, the company’s free cash flow is -$938,403.
Lucid burnt a lot of money in 2022 — the company’s loss from operations in Q4 was $749.7 million and in 2022 was $2.6 billion.
Investors were probably also concerned about the lowered demand for the Lucid Air sedan. Lucid said it has 28,000 preorders for the Air, which is down from the 34,000 it reported in Q3. Similar to Tesla, the company recently announced a $7,500 discount for certain Air sedans to boost sales because the $87,400 car — and that’s just the base price — doesn’t qualify for the $7,500 federal EV tax credit.
Lucid noted that the 28,000 reservation number doesn’t include the up to 100,000 vehicles over the next 10 years the government of Saudi Arabia has agreed to buy. The country’s Public Investment Fund (PIF) holds about 62% stake in Lucid.
There has been recent speculation that the PIF would buy out the remainder of Lucid and take it private. This is the same fund that had been in talks with Tesla CEO Elon Musk to take Tesla private back in 2018. Investors will expect Lucid to discuss its plans with Saudi Arabia in the future, whether that be purely financial or in regards to Lucid’s plans to build a factory in the country with a planned annual capacity of 155,000 EVs a year.
“As we look ahead to 2023, we’ll continue to focus on strong capital discipline, leaving no stone unturned for every cost optimization,” said Sherry House, Lucid’s chief financial officer, in a statement. “We’re gearing for growth, while simultaneously taking a comprehensive look at reducing costs.”
Lucid shares drop as EV maker misses 2023 delivery expectations by Rebecca Bellan originally published on TechCrunch

Breaking: Polygon blockchain reportedly suffers network outageThe blockchain has not produced any new blocks or processed transactions for at least an hour and 40 minutes, leading some to believe its currently suffering an outage.