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Transparency Takes Center Stage at Berklee's Fair Music Workshop
Transparency in the music industry -- essentially, the idea that artists should be privy to the details of how their music is used, where their money is coming from and why -- has taken center stage in a public debate of increasing volume in recent history. On Friday, the Berklee Institute of Music's Rethink Music initiative sponsored the Fair Music Workshop, a series of panels and chats designed to provoke discussion on how transparency can be heightened and reinforced in the music business, at Boston's waterfront innovation hub District Hall.
Twitter Names Jack Dorsey CEO, Adam Bain Becomes COO, Dick Costolo Steps Down From Board

After four months of running under Jack Dorsey interim chief executive, today Twitter finally named him as its permanent leader. The man who helped co-found Twitter in 2006 is now its full-time CEO again.

Dorsey is juggling the job with a couple of other roles. In addition to already being the social network's chairman of the board, he is also the CEO of Square, an e-commerce startup that he co-founded in 2009 and is reportedly slated for a public offering sometime this year. Insiders at Square have been quietly assuring everyone that Dorsey plans to stick around as CEO. This won't be the only change happening at Twitter, as it's reportedly reshaping its board, with former CEO Dick Costolo expected to step down.

Music Industry Coalition Sets Public Meeting For Oct. 7

The Music Industry Coalition (MIC) and the National Trust for Historic Preservation will share research about Music Row's history during a public meeting on Wednesday, Oct. 7 at RCA Studio A, located at 30 Music Square West at 6 p.m.

Metro Planning Department Exec. Director Doug Sloan will be on hand to discuss the next steps in the development of a new design plan for the Music Row area, as well as how the research study will inform the planning process.

The Blockchain Might Be The Next Disruptive Technology

To process a transaction, you need first to make sure the sender owns the asset he wants to transfer, and make sure he will not trade it twice.
In the blockchain, information is stored in blocks that record all transactions ever done through the network. Hence, it allows validating both the existence of assets to be traded and ownership.

To avoid double spending, the technology requests several nodes to agree on a transaction to process it. A validation is also artificially difficult to achieve: miners leverage computer power to solve complex cryptographic problems (the proof-of-work). Every time a problem is cracked, a block is added to the chain, and all the transactions it includes are thus validated. The updated chain, including the new block, is shared with other nodes and becomes the new reference; this process leverages cryptography to prevent duplicate transactions.

Is This About Majors vs. Indies?

The Copyright Royalty Board, which is currently deliberating for webcasting rates, may have just opened a Pandora's box for record labels. The panel asked the Copyright Office whether it can set varying royalty rates for different music suppliers.

That question can be interpreted a number of different ways, but boiled down, it appears the Board is looking into whether it can set a higher rate for music licensed from the major labels over music licensed from the independents.

"They are essentially asking an abstract legal question," says one music industry lawyer in the label camp. "It's almost presumptuous to think you know what angle they are considering."

YouNow, the Livestreaming Social Network, Raises $15 Million

If you want to make or watch live, streaming video, you have lots of ways to do that: Meerkat and Periscope will let anyone stream (just about) anything, whenever, to whoever wants to watch. Facebook and YouTube will let some people who have some degree of clout do it, too.

YouNow has a different approach: The startup also lets anyone stream whatever they want from their phone. But the point of YouNow isn't just to broadcast live — it's to interact with your audience, and to let them chat with you, and each other, at the same time.

This isn't an idea that appeals to everyone, which means YouNow is still a niche product, where people watch other people sing, talk and even sleep. But it has enough people — most of whom are very young — and enough traction, to attract more money from investors: The New York-based company has raised another $15 million, in a round led by Venrock and angel investor Oren Zeev.

Bands and Ticketmaster Wrangle Over Rules for Fan Club Sales

On Monday, Ticketmaster will gather a group of musicians' managers at Barclays Center in Brooklyn to introduce a revamped system for handling services like V.I.P. packages and early ticket sales — programs that are often vital to the success of a tour.

But the company has already faced complaints from some of those managers over its rules for these programs, particularly in how many tickets artists can make available to their fan clubs.

For years, Ticketmaster, a division of the concert giant Live NationEntertainment, has allowed acts to sell 8 percent or more of the tickets to their events through fan clubs and other channels. This opportunity has been prized by musicians as a way to interact directly with their audiences and make extra money through deals that include backstage meetings with the artists or special merchandise.

HMV revival continues with global plans

HMV will continue its remarkable turnaround in the run-up to Christmas, embarking on an international expansion drive just two years after falling into administration.

The UK music retailer has opened 14 new stores this year, with another three planned before Christmas. This is in stark contrast to early 2013 when the business collapsed under £176m of debt and 80 of its 223 shops were shut. It was rescued by the retail turnaround firm Hilco, which took on 141 high street stores and 2,600 employees.

HMV has made a rapid comeback on the high street, wresting the title of the UK's biggest music and DVD retailer back from Amazon in January. In the fortnight leading up to Christmas, HMV sold one-in-three of all CDs and DVDs in the UK.

Following hack, private Patreon data leaks online

Just a day ago Patreon admitted it had been breached and some personal data had been stolen from the service -- now much of it has leaked online.

On October 1, alleged database dumps, internal configuration files and the site's source code appeared on file download sites. Since then, security researchers have verified the authenticity of the data.

Troy Hunt, the creator of Have I Been Pwned, said on Twitter that it appears an entire copy of the database for the site was downloaded from the test server and released as part of this leak.

Full Stack Music: 1 Trillion Streams, 200 Million Tickets

At present, there are three distinct musicindustries: radio, on-demand music, and concert ticketing. However, we are starting to enter a new phase, where these industries will converge and produce one integrated experience for artists and fans. I've taken to calling this full stack music, because at heart it speaks to a holistic experience that integrates these industries through data.

The integration of these three, previously distinct industries will produce a richer experience for artists and fans, unlock a ton of additional subscription, ticketing and advertising revenue for artists and create a better experience for fans. It will resolve the central tension between fans, artists and technology companies that so much ink has been spilled about.

Disappointing U.S. Streaming Subscribers An Increasing Risk For Music-Related Stocks?

In September, the Recording Industry Association of America published its mid-year figures for the U.S. music industry. According to this report, total streaming subscriber growth in the U.S. is starting to show a flat growth pattern.

Let's take a look at the numbers published by the RIAA. Music news website Music Business Worldwide already provided a good overview of the numbershere. In short, the total number of U.S. streaming subscribers only grew by 2.5% to 8.1 million in 2015 from 7.9 million in the same period a year ago.

A flat line for U.S. streaming subscribers is quite a worrying signal for music industry investors. I even consider music streaming growth the mostimportant argument to invest in music-related stocks. The most recent report by the RIAA indicates that my general bullish outlook for the sector might be at risk.

SNL (and Miley Cyrus) mock millennials and their phones

Technically Incorrect: In the workplace, millennials have become entitled to a mocking. It's surprising that it's taken "Saturday Night Live" this long to join in.

How long after you start your job should you expect to get a promotion?

In the case of millennials, the answer is three days. At least that's what "Saturday Night Live" believes.

In a committed homage to their entitlement and general obsession with their phones, Kate McKinnon and friends posit a new Fox workplace drama called "The Millennials."

These special creatures expect to be treated differently. Better, in fact.

Why Vine is Betting on Entertainment and Leaving Social Behind (Q&A)

"I would say in the same way that Jack said about Twitter, there is nothing that's overly sacred about anything."

You'd be forgiven if, at times, you forgot that Vine is still part of Twitter.

It turns out that most of that separation is actually by design. Vine, the six-second video platform Twitter launched in early 2013, is stationed in New York, away from the hubbub that is Twitter's San Francisco headquarters. With the exception of Vine's General Manager Jason Toff, none of the employees — of which there are fewer than 50 — report to folks in San Francisco. In many ways, it operates like its own startup.

Re/code caught up with Toff, a former product manager at YouTube, to discuss Vine, how it's evolved, and whether he plans to axe the app's six second video restraint. The following interview was edited for brevity.

As digital music programming grows, so does lack of originality

As the music industry evolves – or devolves some may argue – the business model inevitably and understandably must adapt with the incessant output and creation of new age technologies. But what happens when that robotic monotony gradually compromises the creativity, foundational instrumentation and overall artistic ingenuity the industry has been built upon? No more "what if" – it's happening.

Recently I was reminded of this ever-growing musical mundanity by a throwback snippet video (above) of Grammy-winning rock legend Joe Walsh from his guest episode on Daryl Hall's (Hall & Oates) digital and VH1 show Live From Daryl's House in 2012. The former Eagles guitarist led an hour-long special of both performance and interview but the most poignant moment came about halfway through when Walsh frustratingly explains technology's demise of authentic musicianship and a subsequent lack of originality:

"Records, record stores, record sales, it's all gone. And it's up to the young musicians to try and figure it out. There's no money in it, no record companies. It's free, you can download it. Nobody gets paid, so they can't afford to make music. That's what's happening. And they're just cranking out music that is just a recipe. You know, nobody is playing at the same time. Everybody's adding on virtual instruments that don't exist on to a drum machine that somebody programmed. And you can tell in the music that's out now. It's all been programmed. There's no mojo. There's nobody testifying. There's not the magic of a human performance, which is never perfect. And the magic of a human performance is what we all know and love in the old records, by the way they were made. And it's all gone. So we'll see what the digital age has in store."

Live Music Drives Sales, Streaming From Millennials, Study Shows

Live music is a key driver for brands seeking deeper recognition and loyalty from millennials, according to a new study from New Momentum Worldwide Research, commissioned by AEG.

Among the findings:

For Millennials, Live Music Drives Online Sales and Streaming
– More than 83 percent of millennials plan to attend a music experience in the next 12 months. Additionally, 78 percent of respondents say attending live music makes them want to purchase more music online, while 73 percent say seeing live music makes them want to stream more music.

How iHeartRadio Got 340 Million Snapchat Impressions in 2 Days

The fifth annual iHeartRadio Music Festival drew tens of thousands of music fans Sept. 18 and 19 in Paradise, Nev., near Las Vegas, and featured a rich assortment of pop music, including Kayne West, Demi Lovato, Kenny Chesney and The Weeknd, among many others. It also drew a whole lotta love from Snapchat users, who generated about 340 million impressions on the mobile app during the two-day event, according to an industry source. The festival's parent, iHeartMedia, didn't offer specifics when asked about the data.

To generate the buzz, the San Antonio, Texas-based company utilized the prime Snapchat Discover real estate on the app that iHeartRadio has only had since the end of July.Snapchat and iHeartMedia seemed to have an increasingly important partnership. Evan Spiegel, Snapchat CEO, attended the music-industry giant's Upfront last April, and the two companies held a party together on Wednesday evening during Advertising Week that featured an intimate performance by Alicia Keys. The festival's marketers seemed to place a premium on social media this year while also getting roughly 6.5 billion impressions across Twitter, Facebook, Instagram, Snapchat, Tumblr, Flickr and YouTube.

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