Startups and change makers leveraging music and music technology to curate a more creative world.
This week the music industry news cycle is comprised of virtually YouTube Music. Google launched a subscription-based service for YouTube Music to go up against heavyweights Spotify and Apple Music. The news comes a little too late and the industry is somewhat divided.
YouTube has not traditionally been an artist friendly platform is you look at it from the artist’s perspective because of their lack of royalty rates. The new rates are a good step in the right direction however and indicative of a growing trend to pay artists for their music. But we will see how these fair for everyone who generates revenue from song plays - not just the artists.
Billboard charts have changed some of their points systems and it will impact the charts.
This week we want to showcase a video creation startup called, Magisto, which allows you to create videos using royalty-free licensed songs. It’s a great tool for artists looking to offer a different type of content on their digital platforms.
Have a great and well deserved long weekend!
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On Tuesday, Google will launch subscription-based YouTube Music in an effort to go head-to-head with the likes of Spotify and Apple Music. Good news for artists: Lyor Cohen, YouTube’s Head of Music, says they’ll pay comparable royalty rates.
The MBW Review offers our take on some of the music biz’s biggest recent goings-on. This time, Glenn Peoples drills down into new, recently announced alterations which will affect the historic Billboard Hot 100 later this year. The MBW Review is supported by Instrumental.
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