ArtistDirect, UlitimateMusic Sold For $1 Million [REPORT]

In an online music world dominated by Pandora, iTunes and Spotify, it is tough for independent music sites to compete. Now ArtistDirect, one the web’s original music destinations, is once again being sold. Ryan Kavanaugh’s Relatively, the owners of online music retailer ArtistDirect, has reportedly sealed a deal to sell…

TuneCore Launches Exclusive Artist Content App DropKloud At SXSW 2015

TuneCore, a flat fee digital distributor of independent music, will raise the bar of artist to fan engagement at SXSW with the official launch of DropKloud. DropKloud uses geo-fencing technology to put VIP access to exclusive artist content into the hands of fans at SXSW. The free, app will allow…

EDM Giant SFX Reports $350 Million Loss

Robert Sillerman saw vast profits in EDM and said he’d bring those dollars to Wall Street. But as the company’s latest financial report shows, despite an impressive list of acquisitions, so far his vision is a promise unkept. EDM promoter SFX Entertainment reported a dismal fourth quarter and year, with…

Pandora Stock Jumps 11% On Takeover Rumors

Pandora shares rose as much a 11% Friday on rumors that the company was in sale talks. The only evidence was a series of unsubstantiated tweets, but that was enough to send the battered stock upwards. Pandora closed the week up 7.24% at $16.44. Related articles Pandora to release day…

Could SXSW Be Too Big To Fail?

“SXSW didn’t protect the integrity of its brand, simple as that. And now… it’s a massive free for all that feels kinda-fun (see aforementioned bands and beer) at best and obligatory at worst.” Guest Post by Cortney Harding on This Week In Music Tech In a few days, tech folks,…

The Complete DIY Guide To Getting Your Music Featured On Music Blogs

“There are many facets of a successful music publicity campaign, but among the most common questions I hear from newer artists are about how they can promote their music independently and get it covered on music blogs.” Guest Post by Nicholas David, Founder of Sunshine Promotion Since many new artists…

Sony Music CEO On Spotify, Beats, YouTube, How “Free (Music) Is Death” and More

You can tell it is contract renegotiation time for music streamers, because the chorus of major label execs expressing opinions on the evils of free music is growing. Now Sony Music’s CEO has spoken out with surprising candor. “Basically, I equate ‘free’ with the decline of the music business,” Sony…

A College Professor Describes How His Student’s Music Listening Habits Have Shifted

According to professor Aram Sinnreich, author of the 2013 book The Piracy Crusade: How the Music Industry’s War on Sharing Destroys Markets and Erodes Civil Liberties, college students have changed significantly in their music listening habits and overall musical tastes over the last decade, in part due to market forces…