UK record labels’ association, the BPI, has launched the BPI Innovation Hub – a new forum that seeks to harness the potential of creativity and innovation by matching innovative tech companies with record labels that are looking to utilise new technology in their business.
The BPI will look to convene the Innovation Hub on a quarterly basis, inviting selected companies to meet with and present to each other with the aim of developing productive business partnerships that will generate long-term commercial opportunities.
Source: Media Centre
Live music technology is transforming the industry. Those who stay ahead of the curve have a huge opportunity to impress fans, simplify their work, and increase profit. So, how can you get smarter about how you use technology to produce and promote live shows?
To find out, we interviewed 20 music and technology leaders who are on the cutting edge of music technology. We also surveyed nearly 50 live music venues about their top challenges, and how they’re using technology to solve them.
Source: 6 Important Music Tech Predictions From 20 Industry Tastemakers – hypebot
The steady march of progress through technology has radically altered the way many industries operate, and perhaps nowhere is that effect more evident than in the music industry. The movement toward digital media has changed everything from the way music is produced to the way it is discovered, purchased and consumed by listeners.
Now, the Internet of Things, and in particular the rise of interconnected “smart” home technology, promises to once again revolutionize the way the music industry operates and engages with consumers. Rather than being tethered to a PC or laptop, listeners equipped with smart tech can now discover and stream music seamlessly throughout their homes.
Source: Smart Home Technology Is Revolutionizing The Music Industry – hypebot
The music industry is getting its own version of a tech-world rite of passage: a three-month “accelerator” program for music startups trying to get off the ground.
Techstars, a 10-year-old Boulder, Colo., company that runs business accelerators across the country with specialties from health care to retail, is starting to accept applications this week for its first music-industry focused program, launching in February.
Source: Techstars to Launch Accelerator for Music-Industry Tech Startups – WSJ
In the old days, economists could count cars coming out of an automobile factory. They could count freight containers on ships in ports, and get an idea of whether trade was growing, and where exports and imports were headed.
But if Spotify, based in Sweden, sells a subscription to someone in the UK, that “export” is unlikely to be picked up in the trade measurement data. Even if it is detected in Sweden’s tax data, it won’t be reported and factored into Swedish GDP or months or years.
Source: Spotify is causing a major problem for economists – Business Insider
Film studio Warner Brothers has asked Google to remove its own website from search results, saying it violates copyright laws. It also asked the search giant to remove links to legitimate movie streaming websites run by Amazon and Sky, as well as the film database IMDB.
The request was submitted on behalf of Warner Brothers by Vobile, a company that files hundreds of thousands of takedown requests every month.
Source: Warner Brothers reports own site as illegal – BBC News
David Emery, VP Global Marketing Strategy, Kobalt Label Services, told MBW that the format would give Kobalt and Gray the opportunity to keep the artist’s 850,000-plus monthly listeners on Spotify engaged.
“We didn’t just want to make a static playlist – Kobalt has the technology to create something special that changes and adapts with David Gray as an artist,” he said. “We have noticed that the tracks that are most popular for [David Gray] change over time on Spotify, and a lot of that is driven by playlists.
Source: Kobalt rethinks the ‘greatest hits’ album with dynamic David Gray ‘Best Of’ – Music Business Worldwide