Musosoup’s Industry Noodles: 28th October
Welcome to Musosoup’s Industry Noodles, where we serve up the juiciest music industry news for emerging artists! Grab your chopsticks and let’s dive into this week’s highlights.
Direct Agreement with TikTok as Ditto Leaves Behind Expiring Merlin Deal
Ditto has signed a direct agreement with TikTok, moving away from their expiring Merlin deal. This new partnership aims to enhance visibility and offer more opportunities for independent artists by providing better access and tailored support on the TikTok platform. Independent musicians can now benefit from a more streamlined process for getting their music heard by TikTok's vast audience.
Why This Matters for Emerging Musicians:
This move opens up more direct avenues for your music to be discovered on TikTok, providing better chances to go viral and reach new audiences. With Ditto’s direct support, you can optimize your content for maximum engagement and discoverability.
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Qobuz Launches High-Fidelity Streaming and Download Service in Japan
Qobuz has launched a high-fidelity streaming and download service in Japan, offering music lovers access to high-quality audio files. This launch marks a significant step in providing audiophiles in Japan with access to top-notch sound quality, allowing them to enjoy music the way it was meant to be heard. The service promises a vast library of tracks in high-resolution formats, ensuring a superior listening experience.
Why This Matters for Emerging Musicians:
Higher quality streaming means your music will sound better than ever to your fans. It's a great opportunity to ensure your tracks are recorded and mastered at the highest quality, enhancing the overall listener experience. This platform also opens up a new market for your music in Japan, potentially broadening your fanbase.
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Global Songwriter Royalty Collections Rose 7.6% to $12.7bn in 2023, CISAC Reports
The International Confederation of Societies of Authors and Composers (CISAC) has reported a 7.6% increase in global songwriter royalty collections, amounting to $12.7 billion in 2023. This rise highlights the growing value of songwriting in the music industry and the increasing recognition of songwriters' contributions. The report also underscores the importance of ensuring that songwriters are fairly compensated for their work.
Why This Matters for Emerging Musicians:
Increased royalty collections mean better compensation for your creative efforts. Ensuring your work is properly registered with collection societies can lead to significant earnings. This trend indicates a positive shift towards recognizing and valuing the work of songwriters, encouraging you to pursue your craft with confidence.
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Neon Gold Records and Avenue A Unite to Launch Futures Music Group
Neon Gold Records and Avenue A have teamed up to launch Futures Music Group, a new venture aimed at discovering and developing emerging talent. This initiative promises to bring fresh sounds and innovative artists into the spotlight, providing them with the resources and support needed to succeed in the competitive music industry.
Why This Matters for Emerging Musicians
New platforms like Futures Music Group offer more opportunities for emerging artists to be discovered, mentored, and developed into successful careers. This partnership creates an additional pathway for artists to gain exposure and receive the support necessary to hone their craft.
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Personalized Music for Games Platform Reactional Music Partners with Classical Music Company Naxos
Reactional Music has partnered with Naxos to bring personalized classical music to gaming platforms. This partnership aims to enhance the gaming experience by integrating high-quality classical music, creating immersive and dynamic audio environments for players. This collaboration exemplifies the growing trend of incorporating diverse music genres into gaming.
Why This Matters for Emerging Musicians
This partnership highlights the growing intersection between gaming and music, offering new opportunities for musicians to get their work featured in video games. By exploring this avenue, you can reach a wider audience and potentially find new fans among gamers.
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Hopeless Records Launches a Music Academy for Young People
Hopeless Records is launching a new music academy aimed at nurturing young talent. The academy will provide educational resources, mentorship, and performance opportunities for young aspiring musicians. This initiative is designed to empower the next generation of artists by equipping them with the skills and knowledge needed to thrive in the music industry.
Why This Matters for Emerging Musicians
Access to structured education and mentorship can significantly accelerate your music career, providing valuable knowledge and networking opportunities. The academy offers a supportive environment for young musicians to learn and grow, preparing them for future success.
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LANDR Launches an AI-Powered Composer Plugin for Musicians
LANDR has introduced an AI-powered composer plugin designed to help musicians create new compositions quickly and easily. This tool leverages artificial intelligence to assist in generating musical ideas and arrangements, making the composition process more efficient and creative.
Why This Matters for Emerging Musicians
AI tools can enhance your creative process, helping you experiment with new sounds and compositions, ultimately speeding up your workflow. This plugin provides a valuable resource for musicians looking to expand their creative horizons.
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Audio Collaboration Startup Highnote Raises $2.5M Funding
Highnote, a startup focused on audio collaboration, has raised $2.5 million in funding. Highnote aims to streamline the collaboration process for musicians, making it easier to work together remotely. The platform offers tools designed to facilitate seamless communication and project management among collaborators.
Why This Matters for Emerging Musicians
Enhanced collaboration tools can help you work with other artists from anywhere in the world, opening up new creative possibilities. This funding will likely lead to further improvements and innovations in the platform, making remote collaboration even more effective.
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Spotify Feature Lets Users Create Playlist Cover Art in-App
Spotify has introduced a new feature allowing users to create custom playlist cover art directly within the app. This feature aims to give users more creative control over their playlists, enabling them to personalize their listening experience.
Why This Matters for Emerging Musicians:
Custom playlist art can make your playlists stand out, attract more listeners, and provide a personalized touch that resonates with your audience. It also offers another way to creatively engage with your music and brand.
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That’s a wrap for this week’s edition of Musosoup’s Industry Noodles. We’ll be back next week for more insights and opportunities that can help you carve your path in the music industry.