Filter Cancel Reunion After PledgeMusic Fiasco

Last year, the band Filter had announced that original members Richard Patrick and Brian Liesegang were reuniting to record a new album, their first since the band’s 1995 debut, ‘Short Bus.’ The reunion has now been canceled and the band is blaming PledgeMusic. The pair were funding the record with… Continue Reading

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IHeartMedia [IHRT] Stock Falls On Market Debut

T he largest radio conglomerate in the US, iHeartMedia, became a publicly-traded company again on Thursday, are launching its direct listing. Shares of the company, which just recently emerged from bankruptcy, are listed under the ticker “IHRT” on the NASDAQ. The stock fell as low as $15.75 in early trading… Continue Reading

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WAVE Raises $5.65 Million To Mix Music and Meditation

Breath, body, and beats could serve as the tagline for WAVE, the new subscription-based music-based meditation app and vibrating pillow that has launched with $5.65 million in seed funding. Investors include CrossLink Capital, Lerer Hippeau Ventures, Collaborative Fund, and Ludlow Ventures. WAVE’s founders see hugely successful apps like Calm and… Continue Reading

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LANDR Raises $26M To Expand Beyond AI Powered Mastering

AI-powered music mastering platform LANDR has closed a $26 million Series B financing round led by Sony Innovation Fund, microphone manufacturer Shure and state-owned financing corporation Investissement Québec and Fonds de solidarité FTQ. Additional investors include Warner Music, Plus Eight Equity Partners, Slaight Communications, YUL Ventures and PEAK Capital Partners…. Continue Reading

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Google Is Launching Yet Another Social Network. This Time It’s Called Shoelace

While nobody is about to deny Google’s stature as a company, it has struggled to cultivate much success in the social network department. Still, it’s not about to stop trying, as evidenced by its new attempt at the hyper-local social media platform, Shoelace. ________________________ Guest post by Bobby Owsinski of… Continue Reading

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6 Things Every Crowdfunding Campaign Needs To Be Successful

In the wake of PledgeMusic’s recent historic trainwreck, trust in crowdfunding platforms has sunk to an all-time low. In spite of this recent challenge, however, crowdfunding remains a very much viable avenue for artists looking to fundraise for a project or tour, provided their campaign has all the necessary elements…. Continue Reading

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Understanding, Controlling Your Finances As An Artist

As an artist, understanding and effectively managing your finances isn’t always something that comes naturally, and is often acquired through a risky trial and error process. It doesn’t have to be that way however, and in this piece we look at how to craft a budget based on an understanding… Continue Reading

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Spotify [SPOT] Schedules Next Earnings Report

Spotify [SP0T] will share its second quarter 2019 financial results in a call with shareholders and analysts on Wednesday, July 31st before the market opens. Spotify stock has shown strength in recent weeks rising from a May 23rd low of $121.58 to a close at $145.29 on Monday. The company… Continue Reading

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Epidemic Sound Raises $20M At $370M Valuation

The explosion in video creation on YouTube, Instagram, Facebook, Tik Tok and elsewhere has been good for Epidemic Sound. The Swedish startup has raised just $20 million at a $370 million valuation to expand its platform which allows online creators to soundtrack videos. Investors in this round include Korea’s DS… Continue Reading

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Spotify Says It Overpaid Songwriters And Wants Money Back

In it’s latest spat with music publishers, Spotify says they owe the streamer for overpayments. Last year’s US Copyright Royalty Board rate change included a retroactive cut in the minimum payment that the streamer makes on student and family plans along with a graduated 44% increase in payments to songwriters… Continue Reading

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