Reservoir’s revenues grew 13% YoY to $122.3m in its full fiscal year ending March 31Reservoir has published the financial results for its fiscal Q4 2022 (calendar Q1 2023) and FY fiscal 2023, ended March 31, 2023
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TIDAL’s CEO thinks music is ‘undervalued and underpriced.’ Here’s what he’s doing to try change that.MBW interviews TIDAL CEO Jesse Dorogusker about the economics of streaming, the rise of generative AI, and the platform's partnership with Universal Music Group
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Anthem Entertainment Signs Country Songwriter Jamie PaulinAnthem Entertainment’s award-winning Nashville music publishing division has announced a worldwide publishing deal with acclaimed country songwriter Jamie Paulin.  Paulin, whose most recent number one came from Chris Janson’s “Done,” and Kenny Chesney’s “Happy Does,” has had numerous other cuts on high-profile projects including Justin Moore's hit single “Backwoods,” and Tim McGraw’s “How I’ll Always Be” from his latest Greatest Hits collection, and 2015 smash studio album Damn Country Music.  Paulin has also had songs recorded by artists such as Jordan Davis, Jon Pardi, Kane Brown, Ian Munsick, Shane Proffit, Travis Denning, Scotty McCreery, Jack Ingram, and Frank Ray, and currently writes with several Anthem songwriters, including Chris Janson, Jordan Davis, Shane Profitt, Nate Kenyon, Trae Landon, and Justin Lantz.

“After being friends with Noah Dewey for years and seeing the success he has had working with other writers, when the opportunity presented itself for us to work together, it just seemed like it was meant to be,” said Paulin in a recent statement.  “I’m looking forward to this new venture and working with Gilles, Noah, Courtney, Chandler, and all the other folks at Anthem!”

"I've tried to sign Jamie for years, but the timing was never right," added Noah Dewey, VP of Creative for Anthem Nashville.  "We finally figured it out! I'm elated that he's joining the Anthem family. His infectious personality is only overshadowed by his immense talent as a songwriter. I'm looking forward to continuing to build on Jamie's already successful career!"

Anthem Entertainment

anthementertainment.com

Left to right: Gracie Glass (Anthem Creative Coordinator), Jamie Paulin, Noah Dewey (Anthem VP of Creative), Gilles Godard (Anthem President), Courtney Crist (Anthem Sr. Creative Director), Chandler Thurston (Anthem Creative Director)

TIDAL launches artist resources hub ‘Artist Home’TIDAL has consolidated its offerings for artists in a central hub dubbed Artist Home and added some key new features. Like Spotify For Artists and Apple Music For Artists, with. Continue reading
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Kevin Breuner exits CD Baby after 17 years to join BandlabCD Baby SVP of Artist Engagement and Education Kevin Breuner has exited the D.I.Y. distributor for musician services and social music platform Bandlab. He leaves CD Baby as the company. Continue reading
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A basic guide to Music Metadata and why it mattersByta in partnership with MusicBrainz is creating a guide to understanding and utilizing music metadata. This post covers the basics. by Byta and MusicBrainz Announcing a three-part article series, Metadata Matters. Byta and the. Continue reading
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Memphis Record Pressing Becomes Largest Vinyl Record ManufacturerLast month Memphis Record Pressing, already one of the biggest players in the fast-growing vinyl record pressing industry, held a pair of ribbon cuttings to commemorate the completion of a $30 million expansion that positions the eight-year-old company as the largest vinyl record manufacturer by volume in North America.

On April 13, the mayor of Bartlett, Tennessee, the Memphis suburb that Memphis Record Pressing has called home since its 2014 founding, joined company co-founders, CEO Brandon Seavers and COO Mark Yoshida, and other dignitaries to cut the ribbon on MRP’s $21.3 million expansion of its pressing plant. A week later on April 20th, Bar-Kays bassist James Alexander and Moneybagg Yo producer Ari Morris were among the guests who helped christen MRP’s new $7.5 million packaging and shipping hub at 7625 Appling Center Dr. 

The ribbon cuttings cap a dramatic growth phase that saw MRP triple its physical footprint and staff. MRP is actively recruiting workers to staff all levels of its expanded operation, with an additional 100 workers needed by June. Current open positions can be found on the company’s website at memphisvinyl.com/careers/.

Speaking at the April 20th event, CEO and co-founder Seavers announced that MRP, which presses records from most of the major labels as well as indie labels and artists, had set a new company record, making 1.3 million records already that month. The company is on track to produce 20-25 million records this year. When running at full capacity, MRP can press as many as 125,000 records a day or more than 45 million a year, making it the largest vinyl record manufacturer by volume in North America. 

Once thought to be an all-but-dead format, vinyl records have been mounting a steady comeback for more than a decade, with record sales steadily increasing for 17 years and surging during the pandemic. Last year, vinyl album sales overtook CD sales for the first time since 1987 with 43.46 million copies sold.  

About Memphis Record Pressing

Founded in 2014, Memphis Record Pressing (MRP) has quickly grown to become a global leader in LP vinyl production and one of North America's largest vinyl pressing plants, with vinyl output increasing from less than 1 million LPs in 2015 to over 8.5 million in 2022. Fueled by increased global attention on the vinyl resurgence, an insatiable appetite by vinyl consumers, and a strategic partnership with GZ Media (the world's largest vinyl manufacturer), there’s no end in sight. MRP's goal is to make the highest quality record, with the fastest turnarounds in the industry, backed by the best customer service around. MRP is proud of its Memphis Music heritage and dedicated to keeping all things vinyl alive and spinning for many years.  

ByteDance expands responsibility of TikTok CEO Shou Zi Chew to include its Instagram rival Lemon8 (report)ByteDance is putting another of its apps, Lemon8, 'under Chew’s supervision', according to a report from The Information
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100+ CEOs and scientists, including ChatGPT boss Sam Altman, warn of ‘risk of extinction’ from future AI systemsAI experts issue statement warning about the potential dangers of advanced artificial intelligence
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YouTube kills Stories as Google emphasizes Shorts for fan engagementYouTube is discontinuing its Stories feature as of June 26th in a move designed to emphasize its TikTok-like YouTube Shorts feature. Much like Instagram Stories, YouTube Stories were considered an. Continue reading
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Fix The Tix coalition voices strong opposition to BOSS ticketing billThe Fix Tix has come out in strong opposition to the BOSS Act introduced in the U.S. Congress last week. The Fix The Tix coalition includes NIVA, NITO, UMG, See. Continue reading
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How remixes can revive old tracksSome songs just need a few tweaks and a new beat to top the charts again. Bobby Owsinski of Music 3.0 looks at the phenomenon and how to take advantage. Continue reading
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Tommy Stinson Talks Cowboys in the Campfire, the Replacements, Guns N' RosesTommy Stinson spoke to AllMusic shortly before the release of his new album and chatted about his latest project, if a reunion with Paul Westerberg is a possibility, and his thoughts on Chinese Democracy.

TOP POSTS: Last week’s most-read posts on HypebotCatch up on what everybody has been talking about with last week’s most-read posts. We’ve got topics ranging from the end of an era at CD Baby to ChatGPT plugins, the. Continue reading
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Cor-Tek Gets the DOD/DigiTech Band Together with Team of InnovatorsFollowing its acquisition of the DOD® and DigiTech® brands, Cor-Tek has rebuilt the brand’s Salt Lake City-based research and development team with an impressive staff of key, original members with over 70 years of collective experience with the brands. Longtime DOD/Digitech employees including Jim Pennock, Tom Cram, Roger Johnsen, and Parker Coons are back together again to head up innovation at the company known as “America’s Pedal”.

Jim Pennock is the General Manager and had all the right contacts to rebuild the Salt Lake team. His experience with DigiTech goes back to the mid-1980s when DOD Electronics first launched the DigiTech brand to focus on digital audio. Jim served as VP of Technology and Business Segment Director for DigiTech and holds 17 patents.  Highlights from Jim’s career include the industry’s first multi-effects product (DSP128), multiple generations of custom DSP chips (AudioDNA2), guitar multi-effects (RP1 through RP2000+), countless new DSP effects (think Space Station and GSP2101), and the first downloadable pedal (iStomp).

L-R: Parker Coons, Tom Cram, Jim Pennock, Roger Johnsen

DOD/DigiTech longtime marketer Tom Cram who launched his own pedal company, Spiral Effects, in 2018 has stepped up to lead the product strategy/vision, and social media operations for the team. His time at DOD/DigiTech dates back to 1995, when he started on the production floor but moved to marketing just a year later. After a brief hiatus to tour with his band Honest Engine, he returned to the company, gaining experience in dbx tech support and software. After helping to resurrect the DOD brand in 2012, he officially became the Digitech/DOD Marketing Manager in 2016. 

Roger Johnsen was lured away from designing military drones to come onboard as VP of Engineering at DigiTech/DOD. He’s a 35-year industry veteran who originally assumed the reins for DOD in 1988, taking over from founder David O. DiFrancesco when he left the company.  Roger is credited for being the silent “partner in crime” with DOD innovator Jason Lamb and managing the “Lamb Series” of extreme pedals. Roger is a true innovator and holds 32 U.S. patents from a wide range of start-up companies in Utah.

Parker Coons was working for Skullcandy when he got the call about joining the new team. He previously worked in the DOD/DigiTech engineering department for 10 years as a hardware designer with a deep love for guitar pedals. Parker is a world-class hardware designer with an impressive list of products that he has worked on including Rubberneck, Ricochet, Carcosa, and JamMan Express.

The bench strength of audio design engineers in the Salt Lake area is impressive. The team gets calls daily from many previous employees wanting to help the DOD and DigiTech brands come back to life and grow. 

Visit www.digitech.com