Since 2015, the Nashville Entrepreneur Center has played host to Project Music, an accelerator program for tech start-ups whose focus is upon creating solutions for the music industry. This first of its kind accelerator program has supported five different cohorts to date, and several members of those cohorts have already gone to market with their unique solutions, as a result of the mentorship and fundraising help they received through the program.
In the past, digital start-ups frequently approached the music industry with tech solutions to problems that didn’t exist for most artists and labels. That paradigm has seemingly shifted in the past few years, and now the solutions being brought forth by tech companies are helping to alleviate certain stresses and strains on the music industry. On this episode, we’re highlighting new tech companies like Ursa Music, Corite, and Pitch who are creating new revenue streams for artists and labels, rather than cannibalizing the old ones and taking a cut.
Under the current distribution model, labels and rights holders typically only get paid once a month by their distributor, and those payouts are often for streams and downloads that occurred well before the pay period. In an era where artists and labels are able to see nearly real-time usage data for their catalog, these delays in payment have made rapid growth difficult in some cases, and now there are companies stepping in with solutions. On this episode, we speak with Bruno Guez of Revelator and Daniel Dewar of Paperchain about their efforts to increase the liquidity of assets for rights holders by advancing payments to them based upon their catalog’s performance on DSP’s.
In our latest installment of the Get Paid series (in collaboration with Vortex Music Magazine), artists and business people share their real-life experiences and advice for booking, promoting and touring.
From streaming to the inner-workings of indie labels, hear our most popular interviews of 2018 as determined by you, our listeners. In this episode, you can hear Liz Pelly speak on “The Problem with Muzak,” Rob Jones’ spiel on the history of Jealous Butcher Records, Jen Cloher’s financial advice on starting your own record label and keeping it local, and what Justin Schmidt has to say about musicians looking to work in the industry without a record label.
Australian artist Jen Cloher joins us in studio to talk about the Sydney music scene and her particular D.I.Y. approach to the music business, which she frequently shares through a program called “I Manage My Music.” She also talks about how her own career as a musician, and how her experiences there shapes to the ways that she chooses to run the label Milk! Records, along with Courtney Barnett.