Don’t chase someone else’s version of success.
(From founder of Midjourney)
18.12.2024 14:49
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Don’t chase someone else’s version of success.
(From founder of Midjourney)
UMG now owns this ecosystem—giving them control over distribution, publishing & label services that power countless independents.
Every year, indies gain market share.
Majors fight back the only way they know how: consolidation.
I guess if you can’t beat the indies, buy them.
Big news for the indie music world.
UMG just bought Downtown Music for $775M.
Downtown houses vital tools & services for the indie sector:
CD Baby→ Distro for 2m artists
FUGA→ Infra for top indie labels & services
Songtrust→ Pub admin for 445k songwriters
Curve→ Royalty services for 1,500 labels
🫡
Problems are opportunities and the music industry has plenty.
So, I asked 35,245 people “what’s the biggest problem to solve in music?”
Here’s the most common answers:
Don't you Nextdoor Bluesky
Just start with an email & a name and you're lightyears ahead of 90% of artists.
My guess is it's these starter packs, btw!
This is wild.
Why is there a mass exodus from X to Bluesky (and not Threads)?
This is the way.
:tap tap: Is this thing on?
If Spotify paid 100% of revenue to artists, it would be ~$0.0057 per stream.
Happy now?
Let's focus on new models that increase fandom, connection & music's value.