INNOVATION \ CHANGE

Latest Features

Killing background music

20 February 2017 in Music

Swedish start-up Soundtrack Your Brand is looking to expand its geographic footprint and further develop its technology after successfully completing a $22 million investment round. The Stockholm-based firm, which boasts leading streamer Spotify as an investor, as well as a former Spotify business development head as a co-founder, boasts a streaming platform delivering custom background music to the likes of stores, eateries, hotels, bars and museums.

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Live music gets immersive

14 February 2017 in Music

Live music experiences are set to be much more immersive, as audience members increasingly become part of performances, making live events significantly more multidimensional. And virtual reality along with augmented reality, could well be the technologies that enable these richer show elements going foward, according to the Music Trends 2017 report from Eventbrite.

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Make it niche and cheap

9 February 2017 in Music

There is a major need for a music streaming service that will cater to the lower end of the audio market as current mid-tier offerings from Spotify, Apple Music et al aren’t doing enough to expand the consumer base, argues MIDiA in its Streaming Music Pricing report. However, streaming pricing is inelastic so that any change in demand will be smaller than a drop in pricing – cutting the headline $9.99 price to $6.99 would simply result in reducing the size of the streaming market.

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Time to tape

24 January 2017 in Music

US consumers showed appetite for music cassettes last year, with album sales spiking 74%, according to Nielsen Music metrics. Justin Bieber’s Purpose,The Weeknd’s Beauty Behind the Madness and Prince’s Purple Rain were among the year’s bestsellers. However, the market remains pretty small beer at just to 129,000 copies sold, with audio tape having some ways to go to match US vinyl with 13 million unit sales in 2016, an increase of 10% year-on-year.

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Pressing out vinyl

23 January 2017 in Music

Those vinyl presses keep on rolling. Just last week, US-based SunPress Vinyl opened a new plant in Miami at the one-time Final Vinyl factory in the city’s northern Opa-Locka district, a location which saw the manufacture of output of reggae label Studio One. Among those featuring on Final Vinyl presses were the likes of the Skatalites, Dennis Brown, and Sugar Minott. SunPress had been looking to open its new plant in Brooklyn until it visited Final Vinyl on the lookout for short-in-supply vinyl presses. What it saw there made the company change plans.

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Making music play

3 January 2017 in Music

UK MusicMusic industry A&R expenditure comes in at 16.9% of revenues, a metric which is higher than the equivalent spent on R&D by any other sector, says record industry association the IFPI in its Investing in Music report. Even investment-dependent pharma and biotech runs to just 14.4%, but that’s ahead of software and computer services’ 10.1% and technology hardware and equipment’s mere 8%, according to the EU Industrial R&D Investment Scoreboard 2015.

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AI in the music mix

25 November 2016 in Music

AI musicArtificial intelligence is set to transform how music is created, discovered, shared and enjoyed, while algorithms are beginning to influence the composition of music as artists embrace the tech to enhance their own creativity, says UK music association the BPI. And, according to the Music’s Smart Future: How will Artificial Intelligence impact the Music Industry? report from the BPI/MusicAlly, music’s DNA is now closely entwined with technology with record labels already exploring how AI can help bring artists and fans closer together.

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Music tech in the Hub

24 November 2016 in Music

Music techUK record company association the BPI has launched its BPI Innovation Hub, a new platform aiming to bring technology companies together with music labels looking to deploy innovative tech solutions in their operations. The hub will stage a meet-up every three months with the BPI acting as matchmaker by inviting selected companies to present to each other and to foster new partnerships.

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Latest News

Tech against Trump

6 February 2017 in technology

A grouping of some US tech firms including the likes of Apple, Facebook, Google, Intel, Microsoft and Twitter have filed a joint legal brief opposing President Trump’s immigration ban

Now in bed with Birkenstocks

26 January 2017 in -e.showcase

German shoe firm Birkenstock is extending its business out of orthopaedic sandals and heading for the bedroom – cue a brand new range of six bed styles.

Tackling Fakebook

20 January 2017 in Social

The German government is drafting regulation that would require Facebook and other online networks to tackle fake news.

No more Yahoos here

10 January 2017 in -e.online

The Yahoo brand has been with us since the last century but is set to disappear from the online landscape when Verizon completes its acquisition of the Silicon Valley denizen

Non à Steve

15 December 2016 in technology

Paris Left attacks tech hub plans to name street after Steve Jobs.

Green it

9 December 2016 in -e.showcase

Greenery is the name of Pantone’s 2017 colour of the year. Or 15-0343 if you want to get technical.

Time-charged, wearable

21 November 2016 in technology

Look out for a smartwatch that powers up on body heat, which could well be one the first wearable devices that never needs a recharge.

Gimme drone, VR

18 November 2016 in technology

US consumers are set to purchase 1.2 million drones, 700,000 virtual reality headsets and 4.5 million 4K UHF TVs during the course of the fourth-quarter holiday season

Brexit slams UK fintech funding

17 November 2016 in Finance

Thirty UK-based fintech start-ups have had their funding cancelled or delayed by investors since the Brexit vote in June, giving them serious cashflow headaches.

alt-right tweets terminated

17 November 2016 in -e.social

Twitter has suspended a number of accounts associated with the US alt-right (aka right-wing extremist/white supremacist) movement backing Donald Trump.