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Music - Issue #5

Hi, This week the music industry news cycle is comprised of virtually YouTube Music. Google launched
Issue #5  •  May 25  •  view online
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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ExxonMobil Robotics Pitch Competition ($60,000 + Pilot)

BBL Ventures has opened the first Reverse Robotics Pitch for ExxonMobil. Interested applicants are invited to enter the challenge by March 29th for the chance at an invitation to Houston to participate in the reverse pitch the week of April 17. The prize for the winning challengers is $60,000 and eligibility for a commercial pilot.
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.   •   Share

Why Billboard's new chart changes will please some - but aggravate others - Music Business Worldwide

Big-data A&R startup TuneGo completes $7.7m funding round

YouTube Music is great for record labels, but bad for music lovers | WIRED UK

Inside YouTube's New Subscription Music Streaming Service | Billboard

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Techstars Startup Digest Music is curated by:
Corey Crossfield Corey Crossfield - Music Digest Curator
Josh Ford Josh Ford
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