SoundCloud’s Post

JKBX, founded in 2022, is aiming to democratize music royalties by bringing investment opportunities to the masses. The company plans to list more investments and build a new asset class, according to CEO Scott Cohen. Check out the Wall Street Journal article to learn more. #musicinvestment #investing #assetclass

Exciting news for those attending #MusicBiz this year Our very own Michael Pelczynski will be speaking across #three panels at Music Business Association's quintessential event in Nashville. Here's a quick synopsis of each session for those interested: Session #1: Experienced music startup advisors will offer insights into avoiding common pitfalls when launching a startup in the music industry. They'll offer practical advice on navigating the complexities of startup preparation and market entry, emphasizing the importance of understanding the needs and strategies of rights holders. Featuring Aileen Crowley 🌎 Elizabeth Moody Michael Pelczynski and Cliff Fluet Session #2: Larry Mills, Monica Corton, Michael Pelczynski and Tomas Ericsson will address the shift from black boxes to market share payments as a solution to attribution issues in the music industry. They'll explore the fairness of market share payments and discuss the challenges in identification and attribution, while examining the roles of various stakeholders in resolving the black box problem. Session #3: The panel will discuss the evolving debate in the music industry regarding 'artist-centric' streaming remuneration models, driven by the influx of tracks on digital service platforms and concerns over fraudulent activities. Despite growing support for reform, issues such as tiered thresholds disadvantaging grassroots artists and ineffective penalties for fraud within major labels remain unresolved. The panel aims to identify necessary measures and collaborative efforts to establish streaming models that prioritize the interests of artists and rightsholders across all tiers of the industry. Featuring Thomas Sharp Maxwell Michael Pelczynski David Atkinson Matt Brinkworth Fran Mills Don't miss out on this opportunity to gain valuable insights from industry experts and join the conversation on these important topics. See you soon in Nashville! #MusicBusiness #IndustryInsights #StartupAdvice #StreamingModels #RightsHolders #IndustryDebate

Music companies, PLEASE stop telling Artists to 'find' their Super Fans! The $4.2b Super fandom whitespace shouldn't be yet another way to enrich yourselves. Instead, let's make it a two-way street. DSPs, ticketing outlets, merch companies, and social media platforms should give artists 100% of the fan data they collect. This way, artists can directly engage and curate their super fans. Let's not put more pressure on these already burnt-out and financially taxed artists. At Vocana , we're building an indie-centric DSP that pays user-centric payments and has a complete social media suite and merchandise while giving 100% of the data back to the artists. Join us in supporting artists and making the music industry a fairer place. #SupportArtists #MusicIndustry #Vocana #superfans #fandom

Highlights from last week's 'Curating and Monetizing Exclusives for Your Superfan Community' panel for artists at Music Biz 2024 (feat. Sara Mertz, Tixr VP, Partnerships - Music) ⤵️ ✅ Value first: Always prioritize providing genuine value. Ensure what you're selling is unique and authentically resonates with both fan and artist. ✅ Engagement is key: Make fans feel seen and heard. Fans today see themselves as creators and integral parts of an artist's journey. ✅ Ticketing matters: Not all ticketing platforms are equal. Align with one that gives you multiple ways to engage, can sell more than just tickets, puts fairness first, and gets tickets to real fans. Drop us a comment with ways you've seen artists engage and monetize superfans successfully. #tixr #musicbiz2024 #ticketing #musicfans #venues

What if Superfans aren't about the money you think they are? Superfans are the holy grail for the music industry, but are we looking at them through the wrong lens? Rob Abelow, in his Inside Issue 26, thinks so! Instead of just seeing them as walking wallets, Rob suggests 3 key shifts: 1️⃣ Deeper Connections, Not Just Downloads Forget passive streaming. Think immersive experiences, artist-driven initiatives, and fostering a strong community where fans feel truly connected. Think exclusives, interactive sessions, and shared passion projects. 2️⃣ Bespoke, Not Mass-Produced Every artist and their superfans are unique. Give them the tools and freedom to build their own worlds, tailored to their specific bond. Forget one-size-fits-all solutions. 3️⃣ Cultivate, Don't Force-Feed Don't be desperate for a quick buck. Authenticity and empowerment are key. Let superfans' passion blossom organically, and you'll reap the rewards of their loyalty and discovery power in the long run. Imagine thriving artist communities, meaningful connections, and superfans as true partners. Link to Rob's Newsletter: https://lnkd.in/dU2YzePD #musicindustry #fandom #superfans #artistrelationships #innovation #futureofmusic

🎸💥 Kiss, the legendary hard rock band, has just made a monumental move in the music industry. They've sold their brand, songs, and intellectual property for a whopping $300 million! 💰 This sale not only marks their retirement from live performances but also underscores the immense value of intellectual property in today's market.In a groundbreaking deal with Stockholm-based Pophouse Entertainment, Kiss has opened up avenues for future AI-generated content, leveraging their iconic brand and extensive music library. This strategic move highlights the enduring value of intellectual property, which stands as a standalone asset to be valued and leveraged in its own right. As seen with recent sales by music icons like Bob Dylan and Bruce Springsteen, intellectual property isn't just about past achievements—it's about unlocking endless possibilities for innovation and creativity. By recognizing and capitalising on the value of their intellectual property, Kiss has positioned themselves for continued success in the ever-evolving music landscape. Gene Simmons, the entrepreneurial force behind the band, emphasised the importance of collaborating with the right partners, ensuring the band's vision continues to thrive. This partnership between Kiss and Pophouse Entertainment exemplifies how intellectual property can fuel innovation and drive strategic growth. Story widely covered, here’s the BBC coverage https://lnkd.in/dmvm483m #IntellectualProperty #MusicIndustry #Innovation #Kiss #PophouseEntertainment #musicroyalties

Interesting article Nat!

How many of you have seen this clip from Vince Staples’ interview on #DrinkChamps? Vince dropped some important gems on how royalties in the music industry work and I love it! In this clip, Vince is talking about “sync royalties” (also known as synchronization royalties”). I recently posted about this but I’m going to bring it back up and reshare this information with you. Here are 3 ways creatives can make money: 1️⃣ Royalties! Royalties! Royalties! Every time your work is played or used, you get paid. That’s why it’s important to always protect your work via the right documentation and contracts. 2️⃣ Offer subscriptions to your audience We see them all over social platforms especially here on Instagram! Offer content that only those who choose to opt in can enjoy. 3️⃣ Brand partnerships Build your platform and brand up to go after partnerships with brands that align and have synergy with your platform. And remember! Make sure to tap in with your legal advocate to ensure you’re covering all of your bases. 🎥 via xcalberzero on TikTok #AmyOSaidSo #Royalties #BrandPartnerships #CreativePassport #Community #EntertainmentIndustry

Most renaissance art was the result of patronage: perhaps it's time to bring that model back? Because this corporate form of arts patronage, focused purely on profit, is destroying the conditions in which the artists we now revere, flourished. "Like the major Hollywood studios that keep pumping out movies tied to already popular products, music’s new overlords are milking their acquisitions by building extended multimedia universes around songs, many of which were hits in the Cold War — think concerts starring holographic versions of long-dead musicians, TV tie-ins and splashy celebrity biopics. As the big money muscles these aging ditties back to our cultural consciousness, it leaves artists on the lower rungs left to fight over algorithmic scraps, with the music streaming giant Spotify recently eliminating payouts for songs with fewer than 1,000 annual streams." By Marc Hogan in The New York Times #music #grassrootsmusic #culture https://lnkd.in/epEE_cWH

It's no secret that cultivating relationships with superfans is the future of music... I previously highlighted Live Nation's initiative to create VIP experiences for top fans, the importance of community, and D2C within music. Now, Warner Music Group is taking a big step forward with its development of its own superfan app. This move is massive in recognizing and monetizing the unique value that superfans bring to the table. Warner Music's CEO, Robert Kyncl, shared at the Web Summit that they're on the brink of launching a direct-to-fan platform, designed to nurture the artist-superfan connection. It's exciting because it's more than just listening - it's about engaging and experiencing music on a personal level with an artist. How do you think this will play out for WMG and what steps do you see other artists taking to cultivate their superfans in 2024? Let me know 👇 #superfans #music #news #warnermusic