How The Music Industry Is Putting Itself Out Of Business; New ‘Purple Rain’ Concert Film, Documentary Pitched to Streaming Services

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How The Music Industry Is Putting Itself Out Of Business — www.forbes.com 
 There was a time when mid-level bands with a modest following could make a pretty decent living playing music. Times have changed, besides a handful of superstars, it’s impossible for bands and musicians to generate significant revenue taking this approach. The reason: Consumers don’t for music.

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Prince Estate Shopping New ‘Purple Rain’ Concert Film, Documentary to Streaming Services: Sources — www.billboard.com 
 Prince Estate administrator Troy Carter is helping negotiate a deal that could give one major streaming service exclusive rights to one of the late pop star’s unreleased concert films as well as rights to make a documentary about the film, sources say.

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SoundCloud Looks To Replicate Spotify’s Success With New Discovery Tool ‘The Upload’ — www.forbes.com 
 Love SoundCloud and want to hear some new music? This just-released feature is made for you.

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David Crosby Announces Webcast Of Fox Theatre Show — www.jambase.com 
 Here’s your chance to watch David Crosby & Friends featuring members of CPR play the famed Fox in Boulder this weekend.

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Australia’s Albums Charts to Include Audio Streams for the First Time — www.billboard.com 
 The first ARIA Albums Chart to integrate streams will be unveiled this Saturday (May 13), using data provided by the likes of Spotify, Apple Music, Deezer, Google Play and other digital music services.

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Sony’s Orchard Scoops Up Pair of Top European Distributors; Merlin Reacts — www.billboard.com 
 The Orchard is growing its global footprint with the acquisition of leading European distributors Finetunes and Phonofile in a deal that the Sony-owned company describes as a ‘win-win’ for all parties.

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Barbados Music Streaming Service ‘Selecta Charts’ wins Two Caribbean Awards — www.selectacharts.com

1st Place Prize in the Pitch Pit challenge.

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Streaming generates vast amounts of royalty data, and not all collecting societies are coping — www.completemusicupdate.com

The growth of streaming has meant a vast increase in the amount of data being supplied to collecting societies in order to calculate the royalty payments due to songwriters and music publishers.

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Music Festivals Are Leaning On Tech To Build The ‘Perfect’ Lineups — hackernoon.com 
 With weekends one and two of Coachella 2017 now in the history books, music festival season has officially begun.

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The rise of the very short song — theoutline.com 
 The radio used to determine how artists made music. Streaming is changing everything.

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Arena Music, the First Artist Friendly Streaming Platform, Now Pays Royalties in Bitcoin — platformandstream.com

Arena Music has announced that it will begin offering royalty payouts for music streamed through the Arena platform in Bitcoin worldwide starting in June. The company has been testing the digital currency in Phoenix and Atlanta over the last 6 months.