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SiriusXM Completes $480M Investment in Pandora, 3 Join Board

Pandora and SiriusXM announced Friday that the later has purchased $307.5 million of Series A preferred stock in Pandora, completing the $480 million strategic investment announced on June 9, 2017. Under the terms of the agreement, a subsidiary of SiriusXM purchased $172.5 million of Series A preferred stock upon execution of the agreement on June 9, 2017 and today purchased an additional $307.5 million of ...

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New Order Settles Lawsuit With Longtime Bassist

After years of acrimony, members of the legendary new wave band New Order reached a legal settlement with former bassist Peter Hook over the use of the band's name. A statement from the remaining members of New Order about the settlement::  "New Order announce that today, a full and final settlement has been reached in the long-running disputes with their former bassist Peter Hook. "The disputes were based ...

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ASCAP “I Create Music” 13th Annual Expo Set For May 7-9, 2018

ASCAP today announced that its 13th annual ASCAP “I Create Music” EXPO will be held May 7 - 9, 2018 at the Loews Hollywood Hotel in Los Angeles. Billed as the United States’ largest conference for songwriters, composers, artists and producers, ASCAP “I Create Music” EXPO offers an opportunity for aspiring music creators to learn from and collaborate with some of the most successful and creative people in th ...

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Announcement Of Latin Grammy Nominees Delayed Indefinitely By Natural Disasters

The Latin Recording Academy has postponed the announcement of nominations for the 18th annual Latin Grammy Awards in the aftermath of a deadly and powerful earthquake that affected Mexico this week, as well as the lingering devastation from hurricanes Irma and Harvey. In a statement announcing the delay, Latin Recording Academy President Gabriel Abaroa Jr. said: "As an outgrowth of the terrible and tragic r ...

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Spotify Takes A Crack At Music Sharing With New Messaging App

To make sharing easier for both paid and freemium users, Spotify has launched its own Facebook iMessage app which allows users to search for, share and send tracks and playlists from Spotify's library of 40 million songs. _________________________ In an effort to make sharing music on Spotify easier, the platform has launched its own version of Apple’s Messages that lets users listen to previews of suggeste ...

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Concord Music Acquires Savoy Label Group, 429 Records

[UPDATED] Indie music powerhouse Concord Music continues its buying streak with this acquisition of the Savoy Label Group. Details of the deal were not disclosed. In June, Concord acquired music publisher Imagem at a record breaking price reported to be between $500 million and $600 million. The combined companies create the world's sixth largest music publishing company. The 3000 album strong Savoy catalog ...

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Why Moving To Brooklyn Isn’t Necessary For Your Band To Make It Big

Thanks in part to an idea perpetuated by popular culture, many fledgling bands and artists enter the industry under the assumption that moving to a densely populated area is a requirement to achieving success. This is untrue, however, and doing so can sometimes be a setback. _____________________________ Guest post by Patrick McGuire on the TuneCore Blog [Editors Note: Patrick McGuire is a writer, composer, ...

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Metadata Explained And 7 Key Reasons Songwriters Should Manage It Themselves

Although the term is thrown around often as an issue which needs fixing in the music business, particularly where streaming is concerned, what it is and why it's important for songwriters to manage their own is often unclear. Here we work to explain those details. _____________________ Guest post by Niclas Molinder of the Music Rights Awareness Foundation and Auddly This is a guest post by Niclas Molinder, ...

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FREE WEBINAR: How To (Properly) Release Music Online

Confused about the best ways to release music online? From selling direct to fans, to selling on stores like iTunes and Amazon, there are many options. But getting your music up for sale is the easy part. The key is to have a strategy for where your music goes up for sale, and when.   ___________________________________________ Join Bandzoogle team members Dave & Allison for this free webinar to find ou ...

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