Share this postPlatform & StreamStreaming & the Indie Labels; Spotify Acquires Mediachain LabsCopy linkFacebookEmailNotesMoreStreaming & the Indie Labels; Spotify Acquires Mediachain LabsPlatform & StreamApr 27, 2017Share this postPlatform & StreamStreaming & the Indie Labels; Spotify Acquires Mediachain LabsCopy linkFacebookEmailNotesMoreShareWith yesterday's IFPI Global Music Report and press conference, we know that major labels are happy with the evolution of streaming. But what about indies?The music platform incubates talent wonderfully, but can't hold onto it. What's next?American music radio as it is currently constructed will implode, and likely in the next 12 to 18 months. No amount of headlines and recent news should beMassive growth in online streaming of artists saw music industry revenues grow in 2016 at their fastest rate since records began.Mediachain Labs, designed to explore how the next generation of blockchains and open, peer-to-peer protocols would empower creators to better reach their audiences and earn a living, has been acquired by Spotify.Kickstarter music boss Molly Neuman revealed a new milestone for the crowdfunding service on Friday: 25k funded music projects so far.Independent music digital rights agency Merlin has announced that it has paid out $300m to its independent label members over the past 12 months – an eightfold increase on the $36m paid out in the calendar year of 2012.The singing competition co-produced by Ryan Secrest is coming to the digital video platform later this year.Learn how the Portland, Oregon-based festival Pickathon has been streaming live music with Livestream, staying independent while growing revenue.“Everyone’s on social media right now. We’re linked in.”PreviousNext