Media +Technology Intelligence
Spotify’s once-heady stock has now tumbled below its opening price in 2018, with potentially further downward pressure ahead. In Wednesday (February 23rd) trading, Spotify stock (SPOT) dropped below its symbolic $147.92 valuation, established on the company’s first day of trading on the New York Stock Exchange. The drop means that Spotify stock has lost an Read More …
The podcast blends audio story-telling with original music and sound elements to create an immersive listening experience. The ‘Run, Rose, Run’ bookcast will combine excerpts of the co-authored fiction novel between Dolly Parton and James Patterson with an original soundtrack written, produced, and recorded by Dolly Parton. Source: Spotify Announces First Bookcast Called ‘Run, Rose, Read More …
With NFTs poised to potentially go mainstream in 2022, Hollywood studios, creatives, and stars are increasingly exploring how the blockchain-based tech can help generate content and build audiences. Insider compiled a list of promising NFT companies partnering with entertainment studios, music labels, and creators to capitalize on the digital assets for IP generation, marketing, and more. Read More …
The fund, in partnership with music investment and management firm Influence Media, is taking a novel approach to the frothy market in a bet on younger songs. Unlike many recent blockbuster deals for decades-old music that can provide stable returns for passive investors collecting royalty payments, the new fund is focused on so-called modern evergreen Read More …
TikTok’s FYP, or For You Page, is the best place for music creators to test their Minimum Viable Song—a stripped down demo that conveys the essence of their sonic musings. A sonic prototype normally sent to bandmates or producers, seeking feedback. TikTok however, distributes it among its 1B MAUs, who give instant feedback with their attention and engagement. Read More …