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Facebook needs regulation as Zuckerberg 'fails' - UK MPs
Facebook needs far stricter regulation, with tough and urgent action necessary to end the spread of disinformation on its platform, MPs have said. A Commons committee has concluded that the firm's founder Mark Zuckerberg failed to show "leadership or personal responsibility" over fake news. Untrue stories from foreign powers were risking the UK's democracy, they said. Facebook welcomed the digital select committee's report and said it would be open to "meaningful regulation".
dd  bf  Facebook 
20 hours ago by motiveunknown
Amazon made an $11.2bn profit in 2018 but paid no federal tax
In 2018, Amazon nearly doubled its profits, from $5.6bn to $11.2bn. But far from paying the statutory 21% income tax rate, it reported a $129m federal income tax rebate for the year – a tax rate of -1%. “The fine print of Amazon’s income tax disclosure shows that this achievement is partly due to various unspecified ‘tax credits’ as well as a tax break for executive stock options,” according to ITEP.
dd  bf  amazon 
20 hours ago by motiveunknown
Esports economy tipped to pass $1bn for first time in 2019
“Revenues will reach an impressive $1.1 billion in 2019, a year-on-year growth of +26.7%,” claimed the company. “Around 82% of the total market ($897.2 million), will come from endemic and non-endemic brand investments (media rights, advertising, and sponsorship).”  Note that 26.7% growth claim: last February, Newzoo claimed the global esports market would be worth $905.6m in 2018, but if $1.1bn is up 26.7%, that suggests the actual figure last year was around $868m.
dd  bf  esports 
20 hours ago by motiveunknown
Twitter has been storing your ‘deleted’ DMs for years
It turns out that despite showing that the message was deleted, Twitter still stores all those DMs dating back years. Folks can access this simply by downloading the archived data on their account from Twitter. Saini confirms that even messages sent to and from deleted or suspended accounts are still accessible.
dd  bf  twitter 
20 hours ago by motiveunknown
Apex Legends review – Fortnite has some stiff competition
Apex Legends is something of a triumph for Respawn Entertainment, a studio that saw its excellent narrative shooter Titanfall 2 all but disappear amid a barrage of bigger-name rivals. Fans may be annoyed that we probably won’t be seeing Titanfall 3 now, but with a potential battle royale audience of tens of millions you can’t really blame this talented team for shooting at the biggest target in modern gaming. And with Apex Legends, it scores a direct hit.
dd  bf  fortnite 
20 hours ago by motiveunknown
NLE Choppa Turned Down a $3M Record Deal to Partner With UnitedMasters
Stoute says that when the “Shotta Flow” music video caught the eye of UnitedMasters’ A&R team last month, he immediately reached out to Choppa and the rapper's mother, who was acting as his manager, offering distribution for the song. Choppa agreed. “Then, record companies are calling the guy and offering a bunch of money,” Stoute tells Billboard. “Here’s the issue: He’s already just seen, with him owning the rights and us doing distribution, he’s earning money on Spotify and Apple Music, and his song is growing on YouTube. What does he need a record company to do?”
dd  mi  unitedmasters 
20 hours ago by motiveunknown
If Content is King, what’s it like to be a Prince? Indies on the State of the Music Union
Mark Kitcatt, owner of Spanish indie label Everlasting Records and Chairman of IMPALA, the European association of indie labels: “In a market where new releases were worth more than catalogue and where the thing driving the market (recorded music) was the thing people paid for and took home and kept, there was a greater engagement and more excitement around what the musicians made. When there’s a degree of removal, as in your remuneration coming from advertising on free services, or tours financed by beers — I feel that that mitigates against being able to take risky decisions and develop careers."
dd  mi 
20 hours ago by motiveunknown
Scott Cohen is joining Warner – but what's the plan?
With Seton reporting directly to Lousada, it’s clear Warner has a different kind of role planned for Cohen. Sources say it’s one focused broadly on “innovation”. An official announcement isn’t expected until next month. Warner Music declined to comment but MBW obtained an internal email from Max Lousada to team leaders: “A real pioneer and a maverick entrepreneur, Scott’s constantly envisioning what’s beyond the horizon for entertainment, business and society,” writes Lousada, positioning Cohen to explore ideas and business models outside the music industry norm.
dd  mi  warner 
20 hours ago by motiveunknown
Vinyl in 2019: ‘We’re coming back to the joy, the addiction…’
On the ‘CD is dead’ debate: “It’s the media that are actually pushing this. It drives me insane… We press way more CDs than vinyl. Way more! And they’re holding up really well,” said Emanuel. Vlaski agreed: “It’s a really good point: basically digital versus physical sells clicks or papers, it makes for a good headline. There’s conflict involved: the one is ‘cannibalising’ the other. Whereas people that work in the industry don’t really see that’s what’s happening,” he said. “We find consumers are very multi-channel: you have to make everything available for people so they can choose what they want. Digital as a discovery platform or for convenience; vinyl for the extra-special experience; but CD maybe for driving in your car. And, very importantly, it is a very easy entry-level price. It is easier for somebody with limited resource to part with 10 or 15 euros… There is room for everybody.”
dd  mi  vinyl 
20 hours ago by motiveunknown
Sofar Sounds founder explains how it built a global music community
One final stat: Offer said that 75% of Sofar Sounds’ hires are from within its community. As the company expands, then, most of its staff are drawn from the people who started as volunteers and fans. He was asked to what extent the current success is because of those early years where it didn’t need to be a commercial business? “Huge. We grew organically: we didn’t spend anything on marketing until six months ago,” he said, while stressing that this isn’t any kind of ‘one single model’ for startups to follow. “For me, Sofar benefitted tremendously from that, but that doesn’t mean everybody needs that.”
dd  mi  sofar 
20 hours ago by motiveunknown
AIM Announces New Flagship Conference 'AIM Connected'
The Association of Independent Music (AIM) announced its AIM Connected conference today (Feb. 13). Their biggest ever conference combines AIM's Indie-Con, Music Connected and Women in Music events. The flagship confab will take places from April 1-3 at Studio Spaces, London and will feature roundtables, one-on-ones, three keynotes and over 30 panels.
dd  mi  aim 
20 hours ago by motiveunknown
Spotify says it paid $340M to buy Gimlet and Anchor
Spotify doubled down on podcasts last week with a double deal to buy podcast networks Gimlet and Anchor. Those acquisitions were initially undisclosed, but Spotify has quietly confirmed that it spent €300 million, just shy of $340 million, to capture the companies. That’s according to an SEC filing — hat-tip Recode’s Peter Kafka — which reveals that the transactions were “primarily in cash,” Spotify said. Kafka previously reported that Spotify paid around $200 million for Gimlet, which, if correct, would mean Anchor fetched the remaining $140 million.
dd  mi  spotify 
20 hours ago by motiveunknown
LyricFind expands into Southeast Asia and Middle East
Lyric licensing platform LyricFind has expands into Southeast Asia and Middle East. The company has opened offices in Morocco and Vietnam. The newest LyricFind office in Tangier, Morocco, is home to a local team covering Arabic and Turkish languages. At LyricFind’s offices in Vietnam, a local team covers Thai, Vietnamese, Tagalog, Bahasa, and Malay language lyrics.
dd  mi  lyricfind 
20 hours ago by motiveunknown
Tidal Now Lets Users Block Artists and Songs
Starting today (Feb. 12), Tidal is giving users the ability to block artists and tracks from appearing in curated playlists, following in the footsteps of Spotify, which unveiled a similar feature last month. On Tidal, the blocking feature works for the streaming platform's algorithmically curated products, personalized "My Mix" and Artist and Track Radio. To remove content that arises on these playlists, users simply press a block icon that appears on the "playing" page.
dd  mi  tidal 
20 hours ago by motiveunknown
Classical streaming app Idagio has passed 1m downloads
It has a new milestone to report: more than 1m app downloads globally, with an admittedly-less-useful stat that it now has subscribers in 180 countries. It’s taken four years to reach the million-downloads mark. “Idagio offers almost the entire classical catalogue in lossless audio quality: Beethoven’s Seventh Symphony alone is available in nearly 200 versions,” noted CEO Till Janczukowicz. “For music lovers all over the world, IDAGIO turns every smartphone into the ultimate classical collection.”
dd  mi  idagio 
20 hours ago by motiveunknown
'This process of trying to get on playlists is becoming borderline farcical'
Hemmings also had spirited views on the process of pitching songs for inclusion on Spotify playlists. “It’s become this comedic dance that doesn’t really mean a lot. There’s a person whose job it is to go to somewhere like Spotify and say ‘We’ve got this new priority and we’d love you to playlist it’. And there’s someone’s job at Spotify in artist or label relations to sit and go ‘That’s amazing, I love that track’. And then at the end of the meeting you ask if you can get playlisted, and they say ‘No! Because we don’t run the playlist, the editorial people do.”
dd  mi  spotify 
4 days ago by motiveunknown
How TikTok Gets Rich While Paying Artists Pennies
By mid-December, TikTok’s payout to Epitaph, through their distributor, was a grand total of $1,500. Half of that went to the band. I ask Ronnie Radke, Falling in Reverse’s lead singer, how he feels about the whole experience. “I loved it—sales and streams skyrocketed off that song,” he says, adding, “I’ll be honest, I don’t really get the TikTok movement as a whole, but to each their own.” Like iLOVEFRiDAY’s manager, he seems to view TikTok as a means to an end, like trickle-down economics: So long as something—anything—reaches the little guy, it doesn’t really matter what happens up above.
dd  mi  tiktok 
4 days ago by motiveunknown
Universal fully acquires Ingrooves Music Group
Universal Music Group is acquiring Ingrooves Music Group. UMG has been a minority investor in Ingrooves since 2006, and is thought to currently hold approximately 20% in the independent music distribution and marketing company. By buying the remaining 80% in Ingrooves – which is HQ’d in Encino, Los Angeles – UMG will gain sole control of the firm’s approximate 2% market share in the United States.
dd  mi  umg 
4 days ago by motiveunknown
European copyright directive agreed – now for more votes
In its current form, the new directive’s Article 13 aims to balance the rights of creators/rightsholders and internet users. “Users will benefit from the new licencing rules which will allow them to upload copyright protected content on platforms like YouTube or Instagram legally. They will also benefit from safeguards linked to the freedom of expression when they upload videos that contain rightholders’ content, i.e. in memes or parodies. The interests of the users are preserved through effective mechanisms to swiftly contest any unjustified removal of their content by the platforms,” explained the EC.
dd  mi  copyright 
4 days ago by motiveunknown
Hi-Res Streaming Service Qobuz Arrives in U.S., Hoping To Super-Serve Audiophiles Stateside
“Audiophiles have been awaiting Qobuz for years, and now we're able to reach a larger audience to let them know that better quality audio is available,” Dan Mackta, managing director Qobuz USA, tells Billboard in an email. “And bringing some competition into the sphere will be good for everyone -- listeners, labels (re: payouts), speaker companies, etc.”
dd  mi  qobuz 
4 days ago by motiveunknown

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