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- in the community space Music from Within
Reservoir Media has spent over $695m on catalogs to date (and 5 other things we learned about the company from its new Investor Factsheet)MBW fillets a new investor factsheet published by the publicly-traded firm
SourceReservoir Media has spent over $695m on catalogs to date (and 5 other things we learned about the company from its new Investor Factsheet)
www.musicbusinessworldwide.comMBW fillets a new investor factsheet published by the publicly-traded firm…
- in the community space Tools and Plugins
Seven Systems Trinity | Audio Mastering 3 Band Reference Based Audio Mastering. Trinity is an effective integrated mastering solution for digital music production enthusiasts & professionals, containing a set of precisely... Read More
Trinity Audio Mastering by Seven Systems - Mastering Suite App
www.kvraudio.com3 Band Reference Based Audio Mastering. Trinity is an effective integrated mastering solution for digital music production enthusiasts &...
- in the community space Music from Within
Songwriters demand $700M – $800M in royalties owed [Sign the petition]The Songwriters of North America, the Music Artists Coalition, and the Black Music Action Coalition have joined in pushing for a decision on the $700-$800 million in mechanical royalties due songwriters. Continue reading
The post Songwriters demand $700M – $800M in royalties owed [Sign the petition] appeared first on Hypebot.Songwriters demand $700M - $800M in royalties owed [Sign the petition] - Hypebot
www.hypebot.comThe Songwriters of North America, the Music Artists Coalition, and the Black Music Action Coalition have joined in pushing for a decision on the $700-$800 million in mechanical royalties due songwriters. Continue reading
- in the community space Tools and Plugins
United Plugins FirePresser currently free FirePresser offers emulations of four classic analogue compressors which can be placed in any order and mixed between using a simple X/Y pad interface.
United Plugins FirePresser currently free
www.soundonsound.comFirePresser offers emulations of four classic analogue compressors which can be placed in any order and mixed between using a simple X/Y pad interface.
- in the community space Music from Within
Money Management For Musicians: Everything You Need To Know [Bobby Borg]Many independent musicians struggle to pay bills on time and build credit, and many others who blow up lose their fortunes within ten years. This is why all musicians need. Continue reading
The post Money Management For Musicians: Everything You Need To Know [Bobby Borg] appeared first on Hypebot.Money Management For Musicians: Everything You Need To Know [Bobby Borg] - Hypebot
www.hypebot.comMany independent musicians struggle to pay bills on time and build credit, and many others who blow up lose their fortunes within ten years. This is why all musicians need. Continue reading
- in the community space Music from Within
How to build a brand as a musicianTo attract an audience to your music, you need to tell a story, and a deliberate approach to building your artist brand is key to doing it right. by Tony. Continue reading
The post How to build a brand as a musician appeared first on Hypebot.How to build a brand as a musician - Hypebot
www.hypebot.comTo attract an audience to your music, you need to tell a story, and a deliberate approach to building your artist brand is key to doing it right. by Tony. Continue reading
- in the community space Tools and Plugins
Royer launch R-10 Hot Rod Royer Labs' 25th anniversary version of the R-10 boasts some subtle visual tweaks and a custom transformer that offers an increased output level.
Royer launch R-10 Hot Rod
www.soundonsound.comRoyer Labs' 25th anniversary version of the R-10 boasts some subtle visual tweaks and a custom transformer that offers an increased output level.
Tesla Q1 deliveries beat expectations as China helps boost salesTesla said Sunday it delivered 422,875 electric vehicles in the first quarter of 2023, just beating Wall Street estimates of around 420,000 units. The company produced 440,808 vehicles in the same period.
The delivery and production numbers are record results for the EV maker. In the fourth quarter of 2022, Tesla delivered 405,278 and produced 439,701 units. Those Q4 deliveries were also record results, but they missed Wall Street expectations.
It appears that a large percentage of deliveries came from vehicles produced by Tesla’s Shanghai gigafactory. The automaker has been issuing price cuts in all markets, including China, where the most recent discounts have caused a price war among competitors. The result is an increase of Tesla sales in China from last year, which suggests the East Asian country is helping to boost Tesla’s global delivery numbers.
Tesla doesn’t break down its delivery and production numbers by region, but according to data from the China Passenger Car Association (CPCA), Tesla collectively sold 140,453 China-made vehicles in January and February. The CPCA hasn’t yet published March’s data. If Tesla’s March deliveries in China match February’s numbers, it would mean more than 50% (or nearly 215,000) of Q1 deliveries came from Shanghai.
Tesla’s Q1 2023 delivery and production numbers. Image Credit: Tesla, via screenshot
Tesla started cutting prices for its EVs in China in October. Most recently, Tesla again reduced the prices of Model 3 and Y there in January by between 6% and 13.5%, adding fuel to the fire of a price war in the country. Rivals Xpeng and Nio, as well as international brands like Volkswagen and Mercedes-Benz, also discounted their prices to compete with Tesla cars, which are now up to 14% cheaper than last year. In some cases, they’re almost 50% less expensive than in the U.S. and Europe.
The automaker mirrored similar price cuts in Europe, Mexico and the U.S. over the past few months. This year, Tesla dropped prices for Model Y and Model 3 vehicles in the U.S. by up to 20%, and Model X and Model S vehicles by up to 9%. Last week, Tesla also relaunched its European referral program to try to increase sales before the end of the quarter.
Tesla’s share price rose 6.24% Sunday (in off trading hours) following the automaker’s quarterly production and delivery results.
Tesla needed a strong result after a volatile last few months in trading. At the end of 2022, Tesla’s share price plummeted amid CEO Elon Musk’s overhaul of Twitter. Investors were also concerned last year that the many discounts Tesla implemented across markets — including a $7,500 discount for U.S. buyers who took delivery before year’s end — might indicate low demand from customers.
During Tesla’s Q4 2022 earnings call in January, Musk tried to assuage investors by saying that demand actually exceeded production. At the time, Tesla acknowledged that the price decreases and general inflationary environment might affect the company’s short-term automotive margins, but that the company said it’s more focused on its operating margin.
We’ll know more about how the price decreases globally have affected the overall business when Tesla reports first quarter earnings on Wednesday, April 19. At the end of last year, Tesla said it expects to remain ahead of the long-term 50% compound annual growth rate with around 1.8 million cars for the year.
Tesla Q1 deliveries beat expectations as China helps boost sales by Rebecca Bellan originally published on TechCrunchTesla Q1 deliveries beat expectations as China helps boost sales
techcrunch.comTesla delivered 422,875 electric vehicles in the first quarter of 2023, just beating Wall Street estimates of around 420,000 units.
Bitcoin price turns $28K to support, opening the door for ETH, MATIC, HBAR and EOS to breakoutBTC, ETH, MATIC, HBAR and EOS are likely to pick up momentum if they cross above their respective overhead resistance levels.
Bitcoin price turns $28K to support, opening the door for ETH, MATIC, HBAR and EOS to breakout
cointelegraph.comBTC, ETH, MATIC, HBAR, and EOS are trading near their overhead resistance levels, indicating a possibility of an upside breakout.
- in the community space Music from Within
Close Up: Royer LabsRoyer Labs
royerlabs.com
25 Years of Modern Ribbon Mics: In 1996, Dave Royer, Rick Perrotta and John Jennings talked about starting a new pro audio company; then, in 1997 Dave Royer designed the first R-121 ribbon microphone in his garage in Fullerton, CA. Royer Labs opened in 1998, and the R-121 quickly became a sought after, award-winning staple of studios and live stages around the world. Before Royer, the only ribbon mics that existed were vintage models from the ‘40s and ‘50s, which were large, heavy and very fragile. The R-121 was the first ribbon mic that could handle high SPLs (sound pressure levels) and it was lightweight and compact.
Another major advantage Royer discovered was how well ribbons addressed problems with early digital recording systems. Tape systems sounded warm and more natural, while the new digital systems of that time sounded harsh and unforgiving by comparison. The warm, natural response of ribbon mics made engineers feel like they were working with tape again so much that in 2013 Royer Labs became one of the youngest companies ever to win a Technical Grammy, for bringing ribbon mics back and helping digital recording sound better.
Shortly after the R-121—whose high profile users have included Al Schmitt, Ross Hogarth, Joe Chiccarelli, Arturo Sandoval, Jeff Beck, Eddie Van Halen and others—Royer Labs released the SF-12 stereo ribbon mic, followed by the R-122, the world’s first phantom powered ribbon mic.
R-10 “Hot Rod” 25th Anniversary Mic: To kick off its 25th anniversary celebration, Royer has released the R-10 Hot Rod ribbon mic, which is designed for both studio and live stage use. Their standard R-10 was based somewhat on the R-121 technology but at a lower price point. When paired with their dBooster plug-in—an inline signal booster with two gain settings—the R-10 was also ideal for quiet instruments and vocals. The limited edition “Hot Rod” is fitted with a custom transformer that gives 5dB hotter output and a punchier, more open sound, and comes with a 25th Anniversary trim package that makes it unique from the standard R-10. It features a lowered proximity effect that makes it a perfect choice for close miking instruments and singers. For more bite in the highs without multi-miking, the R-10 Hot Rod takes EQ beautifully. Dave Grohl has used an R-10 on his guitar amp for Foo Fighters gigs for years, appreciating its extreme durability and natural sound.
Quote from John Jennings, VP of Sales and Marketing: “Royer Labs is thrilled to be in our 25th year, and kicking it off with the R-10 Hot Rod is just fun. The innovative guys in our shop cooked this mic up and we love it, with its cool looking trim package and its different sonic personality. It expands on the R-10 in interesting ways, creating a unique flavor of R-10 with a beefier low end that we think recording engineers and FOH engineers will really like.”
Contact Royer Labs, 818-847-0121
Close Up: Royer Labs
www.musicconnection.comRoyer Labs royerlabs.com 25 Years of Modern Ribbon Mics: In 1996, Dave Royer, Rick Perrotta and John Jennings talked about starting a new pro audio company; then, in 1997 Dave Royer designed the fi…
- in the community space Music from Within
Last week in music industry commentaryCommentators in the thick of the industry last week shared their opinions and thoughts on the government-issued TikTok bans, what makes music ‘good’, and more… US threats to ban TikTok. Continue reading
The post Last week in music industry commentary appeared first on Hypebot.Last week in music industry commentary - Hypebot
www.hypebot.comCommentators in the thick of the industry last week shared their opinions and thoughts on the government-issued TikTok bans, what makes music ‘good’, and more… US threats to ban TikTok. Continue reading
- in the community space Tools and Plugins
SSL unveil SubGen plug-in SSL's latest plug-in claims to be the ultimate tool for bass generation and low-frequency enhancement, combining a four-band subharmonic synthesizer with overdrive and compression processors.
SSL unveil SubGen plug-in
www.soundonsound.comSSL's latest plug-in claims to be the ultimate tool for bass generation and low-frequency enhancement, combining a four-band subharmonic synthesizer with overdrive and compression processors.
- in the community space Tools and Plugins
ZenDAW Blue Swells: Kontakt ZenDAW announces BLUE SWELLS (Wavetable - Transwave & Additive Sounds) for NI Kontakt in collaboration with Rawl Gelinas. The Kontakt version has a nice GUI to make tweaking easy and... Read More
Blue Swells: Kontakt by ZenDAW - Kontakt Instrument kontakt library
www.kvraudio.comZenDAW announces BLUE SWELLS (Wavetable - Transwave & Additive Sounds) for NI Kontakt in collaboration with Rawl Gelinas. The Kontakt ve...
FTX EU opens withdrawal, Elon Musk calls for AI halt, and Binance news: Hodler’s Digest, March 26–April 1FTX Europe opens withdrawal for European customers, a petition seeks to halt AI development, and Binance is sued by U.S. authorities.
FTX EU opens withdrawal, Elon Musk calls for AI halt, and Binance news: Hodler’s Digest, March 26–April 1
cointelegraph.comFTX Europe opens withdrawal for European customers, a petition seeks to halt AI development, and Binance is sued by U.S. authorities.
Virgin Orbit runs low on cash, ByteDance pushes a TikTok replacement, and Canoo settles with the SECIt’s the weekend, party people, and you know what that means: It’s Week in Review (WiR) time. For the uninitiated, WiR is where TechCrunch recaps all the tech news that took place for the week. It’s like the morning paper, but in digital form, and without all the extraneous stuff unrelated to tech. So…not much like the paper, really, but very much worth a read (in this reporter’s humble opinion).
To get WiR in your inbox every Saturday, click here. And for this edition’s roundup, scroll down. But before you do that, don’t forget to check out TechCrunch’s upcoming events lineup, including the startup-focused Early Stage in Boston on April 20 and our mega-conference, Disrupt, in San Francisco on September 19–21.
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Crash and burn: Virgin Orbit is laying off around 85% of its workforce in order to further reduce expenses after the troubled space company said it was unable to secure additional funding to keep it afloat. The news, which Virgin Orbit filed with the U.S. Securities and Exchange Commission on Thursday, comes just two weeks after the company furloughed all employees and entered an “operational pause” in order to find more cash.
Date while filing taxes: There’s a new anime dating sim that does your taxes — and it actually works. Amanda played Tax Heaven 3000, a game produced by MSCHF, the venture-funded creative studio behind projects like Push Party and the Lil Nas X blood shoes. What’s the verdict? If you don’t mind risking sharing your personal information with an anime girl obsessing over the tax process, it’s not the least pleasant way to file your return.
The replacement TikTok: As U.S. lawmakers move forward with their plans for a TikTok ban or forced sale, the app’s Chinese parent company, ByteDance, is driving another of its social platforms into the top charts of the U.S. App Store. ByteDance-owned app Lemon8, an Instagram rival that describes itself as a “lifestyle community,” jumped into one of the U.S. App Store’s top-downloaded slots on Monday, becoming the number 10 overall app across both apps and games.
Groupon has a new CEO: Groupon, which shot to fame popularizing the online group buying format, has appointed Dusan Senkypl as interim CEO. As Ingrid writes, Groupon has 14 million active users, but almost consistently for the last decade, the company’s financial position has been in a slow decline — with stagnation in its core business model, little success in efforts to diversify, declining revenues and ongoing losses.
Get your own Lyft: Lyft might once again drop its shared rides offering, just one of several changes the company’s newly appointed CEO, David Risher, could make in a bid to focus on Lyft’s core ride-hailing business and become profitable. Risher told Rebecca in a wide-ranging interview that other features may also be axed, like the Wait & Save option that allows riders in certain regions to pay a lower fare if they wait for the best-located driver.
Twitter’s APIs go paid: After weeks of stalling, Twitter finally announced its new API pricing structures on Wednesday. The three tiers include a bare-bones free level mostly meant for content-posting bots, a $100 per month basic level and a costly enterprise level. Subscribing at any level affords access to Twitter’s ads API at no additional cost.
Hard times, slashed valuations: Manish reports some of the biggest Indian startups are taking a haircut in their valuations — at least in the eyes of their investors, as some backers adjust their estimates amid the weakening global economy. BlackRock has cut the valuation of Byju’s, which is India’s most valuable startup at $22 billion, by nearly half to $11.5 billion, while Swiggy, India’s most valuable food delivery startup at $10.7 billion, has been marked down to a valuation of about $8 billion by Invesco.
Ledger wins big: French startup Ledger has added more money — about €100 million ($108 million) — to its Series C funding round, Romain writes. The company’s main products are hardware crypto wallets that offer a high level of security, shaped like USB keys and featuring a tiny screen to confirm transactions on the device.
Supply chain attack: Multiple security firms have sounded the alarm about an active supply chain attack that’s using a Trojanized version of 3CX’s widely used voice and video-calling client to target downstream customers, Carly writes. The malware is a particularly dangerous sort, capable of harvesting system information and stealing data and stored credentials from Google Chrome, Microsoft Edge, Brave and Firefox user profiles.
Canoo settles with the SEC: Electric vehicle startup Canoo has agreed to a $1.5 million settlement with the U.S. Securities and Exchange Commission, according to a regulatory filing. The SEC began investigating Canoo in May 2021, focusing on the startup’s operations, business model, revenues, revenue strategy, customer agreements, earnings and the departures of certain company officers, including co-founder and CEO Ulrich Kranz.
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TechCrunch’s podcasting output was as robust as ever this week, in case you had doubts. The Equity crew talked about AI, crypto, equity crowdfunding and — in a story out of complete left field — former startup founders trying to bribe China. Meanwhile, Found interviewed Angela Hoover, CEO and co-founder of Andi, an ambitious generative AI search chatbox company. And on TechCrunch Live, AtoB co-founder Harshita Arora and Contrary Capital founder and partner Eric Tarczynski discussed red flags investors keep an eye out for, how the VC and startup world reacts to the “girl genius” versus “boy genius,” and the pain points of the trucking industry.
TechCrunch+
TC+ subscribers get access to in-depth commentary, analysis and surveys — which you know if you’re already a subscriber. If you’re not, consider signing up. Here are a few highlights from this week:
Crypto on the upswing: “Crypto-focused venture capital investors are trucking along in their work,” Jacquelyn writes. Many remain confident in their investing strategies despite an enervated first-quarter market for crypto startup fundraising, while others are noticing a sharper decline in investing pace.
AI is the new oil: Being an AI company has become the soup du jour of startup land. Companies are scrambling to either incorporate AI into their existing business model or change up their marketing so whatever they were already quietly using AI to do is front and center. And Y Combinator’s latest class is no different, Rebecca reports.
Substack turns to its writers: Alex writes about Substack’s effort to crowdfund a venture-sized extension round. The platform, popular with writers and known for its email service, has collected more than $5 million in pledges for an extension to its Series B from its community and the internet at large.
A look at Sweden’s startup scene: In the wake of Techstars’ decision to discontinue its Swedish accelerator program, Alex and Anna decided to dig into the country’s startup scene to understand how one smaller venture market is adapting to a changed investing climate.
Virgin Orbit runs low on cash, ByteDance pushes a TikTok replacement, and Canoo settles with the SEC by Kyle Wiggers originally published on TechCrunchVirgin Orbit runs low on cash, ByteDance pushes a TikTok replacement, and Canoo settles with the SEC
techcrunch.comIn this edition of Week in Review, we look at Virgin Orbit's failure to secure capital, ByteDance's TikTok replacement and more.