Music Biz Tipping Point is Right Now; TikTok Launches Music-Streaming Service in Brazil, Indonesia; Audius Debuts Sponsorship Program for Artists via SoundStage.fm
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— TikTok Launches Music-Streaming Service in Brazil and Indonesia
After months of speculation, TikTok is finally launching its own “social music streaming service,” initially in Indonesia and Brazil, the company announced Thursday, with licensing from all three major music companies.
— Audius Launches Sponsorship Program for Artists via SoundStage.fm
SoundStage.fm is a next-generation virtual concerts platform aimed at musicians and producers who are looking for new and exciting ways to connect with fans. With SoundStage.fm, artists and fans can transcend physical limitations, immersing themselves in a state-of-the-art 3D venue to deliver electrifying performances that emulate the energy and grandeur of real-world shows.
— Alex Cooper’s ‘Call Her Daddy’ Podcast Brings Big Bump in Streams for Anitta, John Mayer, More
At a time when more than 120,000 songs are being uploaded to streaming services every day and artists are continually seeking ways to stand out, Alex Cooper’s “Call Her Daddy” podcast, exclusively available on Spotify, has brought a big boost in streams — at least on Spotify, which happens to be the world’s biggest paid streaming service.
— Goldman Sachs Music In The Air 2023: Monetising superfans, price rises, streaming remuneration & AI
The Goldman Sachs Music In The Air report is always a major talking point for the industry.
With the report suggesting that the industry is entering a period of “major structural change given the persistent under-monetisation of music content, outdated streaming royalty payout structures and the deployment of generative AI ”, this one will undoubtedly be read even more closely by executives.
— The music industry’s tipping point is Right Here, Right Now
Streaming is buckling under its own weight. The economics and structure that served it well in its first decade are not the ones that will get it through the next ten years. You might say that streaming is going through its ‘start up to scale up’ phase.
AI is the disruption lightning rod of the moment, but transformational as it may prove to be, it is simply catalysing pre-existing disruptions.
— SoundCloud's latest partnerships include Discord and Squarespace
SoundCloud’s renewed focus on tools and services for artists also involves a suite of partnerships with other companies. Four more were announced yesterday: Discord, Squarespace, Rap Plug and Adobe.
— Tidal adds hi-res FLAC streaming for HiFi Plus subscribers
The feature is rolling out in early access for iOS users and the company says listeners can choose from over six million tracks available in the hi-res FLAC format, with more being added every day.
— Music-for-gaming firm Reactional strikes deal with Sony and Universal-owned production music firm, APM
the gaming world presents a major monetization opportunity for music rights holders. According to a recent report from Deloitte, 49% of gamers say they often discover new music through games.
Volumio AI Features Music Supersearch Discovery Powered by ChatGPT
Discovering new songs on Apple Music is about to get a lot easier and I love it
TikTok partners with Tomorrowland as it deepens engagement with electronic music
Understanding the power of retention in the subscription economy
Circle Now app allows you to watch Circle Network programming anytime, anywhere
How women-led music tech manufacturers are navigating a male-dominated industry