Hypebot: 3 Standout Music Apps From SXSW V2V
Pretty much everyone involved in the music industry is aware of Austin’s annual SXSW, but they may not be as familiar with SXSW V2V, a festival which focuses on the development of startups and entrepreneurial skills. Included here is a breakdown of the three music-related startups of particular note. Read full article here.
10 Questions Music Tech Startup Founders Should Ask When Choosing An Accelerator or Incubator
It is not news that the world of business accelerators and incubators is booming. The Top 15 incubators attract thousands of applicants for each cohort submission period. With over 50% of startups raising over $1 million each in additional financing after graduating a top program, many eager young entrepreneurs flock to these opportunities hoping to breakthrough.
Unfortunately, with only a 1% admission rate, getting accepted to Harvard Business School may be easier than a top accelerator or incubator program.
Music Tech Startups Must Deal With United State’s Broken Music Licensing System
On behalf of my client, I spent the week conducting conference calls and long email exchanges with ASCAP, BMI, SESAC, The Harry Fox Agency, National Music Publishers Association, Association of Independent Music Publishers, Crunch Digital, We Are The Hits, Tresona Music, and Audible Magic securing public performance licenses, obtaining synchronization licensing information, obtaining copyright identification service & royalty administration information for their UGC video hosting platform.
I Saw Great Startups @SFMusicTech, But They Have A Lot To Learn About The Music Business
What I learned (or confirmed, rather) is that there is a HUGE need to streamline and make efficient the process of securing synch licenses, a HUGE need to standardized/equalize deal structures between labels and digital service providers vs. publishers and digital service providers, and a HUGE opportunity for a collective-bargaining startup to secure pass-through licenses on behalf of many music tech startups, and we should consider making some forms of synch licensing compulsory.
Nevertheless, as long as the music industry is slow to innovate in how it deals with digital startups, there will continue to be confusion and frustration among all stakeholders and work for me to do as a consultant.
[Via Indie On The Move] 5 Startups For Touring From SF MusicTech Summit That Every Indie Artist Should Know
I recently profiled 5 startups that attended the SF MusicTech Summit in a piece that I wrote for Indie on the Move. Read the full article here.
Wego Is The Musical Lovechild Of Tinder And Bandsintown
While at the SF MusicTech Summit covering for Hypebot, I noticed a cool iPhone shaped flyer dropped on a promotional table in the corridor between the restroom and the main gathering room. On one side was a screenshot of an unknown app that displayed Daft Punk concert information and on the other side was the logo, features list, and website. Two weeks later, I finally decided to dig the flyer out of my grab bag and visit their website, www.wego.io (which takes you to iTunes App Store). A quick browse of their app page revealed something magical: this might be THE app for any single person who loves music [insert most young adults].