Epidemic Sound Unveils New Brand; Deezer Revenue Up, but CEO Stepping Down; Pex Releases UGC Modified Audio Data Report
1892 | Your Daily Dose of Music Streaming News
Spotify’s new ‘Song Psychic’ is like a Magic 8-Ball that answers your questions with music
Spotify is rolling out a new feature called Song Psychic that will allow its customers to ask Spotify questions and get answers in the form of music. The addition builds on the success of Spotify’s personalized, year-end review called Wrapped, which offers clever ways of turning Spotify’s music data into insights designed for social sharing. But in the case of Song Psychic, the goal is not to look back at your listening history, but to leverage Spotify’s understanding of music and song titles to answer a range of personal questions — like those you might ask a psychic or Magic 8 Ball just for fun.
Global Soundtracking Platform Epidemic Sound Unveils New Brand
Epidemic Sound, the soundtracking platform for content creation, has today unveiled their new brand identity. The new design, which evolves the Epidemic Sound brand to represent its most bold and vibrant qualities, was created in partnership with Bold Scandinavia / NoA - 2021’s European Design Company of the Year at LIA (London International Awards).
Why Underfunded Artists Are Turning to Tune.fm and Its Innovative Web3 Music Platform
Tune.fm is stepping into the streaming landscape with a mission to leverage the game-changing potential of blockchain technology and create a direct, synergistic bridge between artists and their audience. By eliminating intermediaries, the platform enables musicians to capture more of the pie as streaming micropayments are settled instantly without third-party involvement, as well as numerous other features that are tailor-made to serve creators' best interests.
Deezer revenues up 7.4% in 2023 but its CEO is stepping down
Deezer’s financial results came with an announcement: the company’s CEO Jeronimo Folgueira has resigned “to pursue personal projects”.
The state of modified audio: Which UGC platform had the most modified songs in 2023?
Rising in popularity, modified audio remixes often divert royalty payments away from rightsholders and into the hands of other creators. Many of these songs aren’t licensed, and as such the ownership information for them directs to the creator of the modified track, not to any of the original rightsholders. Without a license or proper attribution, rightsholders won’t see any credit or payment from the use of their songs.
“Music is on the right track”: UK recorded music revenues hit new high for the first time since 2001
Total music retail revenues for the 12-month period up to 23 February topped out at £2.223 billion.
IDOL appoints US label manager as it signs two new deals
IDOL has signed new deals for its North American division and made a key appointment. The independent digital distributor and artist & label services company has partnered with Le Plan Recordings and Old Soul Music, as well as hiring a US label & project manager.
Mastercard and Polygon Unveil Web3 Musician Accelerator to Shape Future Music Stars
Mastercard teams up with Polygon to launch the 'Artist Accelerator' program, empowering emerging musicians with Web3 technology. Learn about the 'Music Pass' initiative democratizing access to blockchain education for artists
SoundCloud are linking songs with brands by vibe
SoundCloud want to empower the advertising on their platform with the correct energy for their product with new Mood Targeting for ads.
The Rise of Fan Subscriptions in the Changing Music Landscape
Fan subscriptions, powered by platforms like Patreon, have emerged as a lucrative way for musicians to sustain their careers. Not only that, but fan subscriptions are a good way to recognise who your superfans are and build a community.
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