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SoundCloud and Twitch

More Good News: SoundCloud and Twitch Just Formed a Partnership to Expand Livestream Donations

Ashley King
March 26, 2020
Photo Credit: SoundCloud SoundCloud and Twitch are partnering to help indie musicians monetize their live streams. Gigs and tours are canceled nationwide until further notice. It has put indie musicians and ... Read More...

Help Musicians Is Sending £500 Checks to British Musicians — Here’s How to Apply

Dylan Smith
March 26, 2020
Help Musicians, a near-century-old charitable organization that supports artists during times of financial difficulty, is offering £500 ($610.12) checks to musicians who’ve been impacted by the coronavirus (C... Read More...

Music Producers In Britain Are Losing 70% of Their Income, MPG Report Claims

Dylan Smith
March 26, 2020
8
According to a report from the United Kingdom’s Music Producers Guild (MPG), domestic music producers are losing approximately 70 percent of their income—and facing dire financial straits—because of the coronavirus (COVID-19) pandemic. The study found that ... Read More...
FDIC chairwoman Jelena McWilliams in a PSA video issued March 24th.

More Good News: FDIC Planning to Increase Deposit Insurance Protection Beyond $250,000 — Sources

Paul Resnikoff
March 26, 2020
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FDIC chairwoman Jelena McWilliams in a PSA video issued March 24th. In a move designed to calm American account holders and prevent a run on the banks, the Federal Deposit Insurance Corporation (FDIC) is now ... Read More...

Copyright Infringement Lawsuit Against The Weeknd Is Placed on Pause

Dylan Smith
March 26, 2020
Experimental rock band Yeasayer’s Black Panther copyright-infringement lawsuit against The Weeknd has been postponed because of the coronavirus (COVID-19) pandemic. The plaintiffs and defendants submitted an... Read More...

Governors Ball, Isle of Wight, & Download Festivals Cancelled Due to Coronavirus Concerns

Dylan Smith
March 26, 2020
10
Governors Ball entrance in 2016 (photo: Zusowski) The coronavirus (COVID-19) pandemic has resulted in the cancellation of three more high-profile music-industry events, as organizers nixed the 2020 Governors Ball, Download Festival, and Isle of Wight Festiva... Read More...
Tencent fund

Tencent Launching Global Anti-Pandemic Fund With $100M Seed Funding

Ashley King
March 26, 2020
Photo Credit: Chris Yunker / CC by 2.0 Tencent launches the Global Anti-Pandemic Fund, a $100 million effort to fight coronavirus. Tencent joins other tech giants like Netflix and Facebook who have launched ... Read More...
StubHub furloughs

StubHub Announces Massive Furloughs as Live Event Layoffs Continue

Ashley King
March 26, 2020
Photo Credit: Claudio Schwarz StubHub is announcing massive furloughs – the first major ticketing company to do so. The cost-cutting move comes as the live music industry is devastated during the coronavirus... Read More...
JioSaavn Drops Subscription Prices by 75% to Undercut Spotify In India

Facebook Reportedly Eyeing a 10% Stake In JioSaavn Parent Company

Dylan Smith
March 26, 2020
Facebook is considering purchasing a 10 percent stake in Reliance Jio, a major cell phone service provider in India and the parent company of popular music-streaming service JioSaavn. The deal hasn’t yet been closed, and neither Facebook nor Reliance Jio ha... Read More...

Good News: Musicians and Freelancers Included In Senate’s $2.2 Trillion Stimulus Bill

Dylan Smith
March 26, 2020
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The U.S. Senate Floor. The Senate’s $2.2 trillion stimulus package contains support provisions for gig workers and freelancers, in addition to measures designed to help small businesses, individuals, and othe... Read More...
Hipgnosis Acquires Sam Hollander's Music Catalog

Hipgnosis Songs Fund Stock Bounces Back After Near-20% Drop

Dylan Smith
March 26, 2020
The Hipgnosis Song Fund, which pools investments to purchase song catalogs, has experienced a solid stock-price rebound following a value decrease resulting from the coronavirus (COVID-19) crisis. Hipgnosis ... Read More...

Songtradr Joins the Growing Music Industry Recovery Effort — Donates All Sync Commissions to Musicians

Paul Resnikoff
March 25, 2020
photo: Obi Onyeador As COVID-19 continues to spread, lockdowns and large-gathering bans have brought live entertainment — from concerts to sporting events — to a screeching halt. Sync powerhouse Songtradr is now part of the growing recovery effort to help af... Read More...
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    • Marketing Manager I
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