- Spotify is going public on April 3. I'm sure you've seen the news and wondered how the hell it will impact you? Honestly, hopefully not much. However, we know that once a tech giant goes public all eyes are on that stock price. You might want to check into these 10 key points from the investor day.
- iHeartMedia owes people some money. We know they are bankrupt, but this radio giant owes pretty much every sort of collection agency (BMI/ASCAP, SoundExchange, etc) some cash. Watching to see how this plays out.
- SoundExchange has now paid out over $5 BILLION to artists. If you haven't signed up with SX, what the HELL ARE YOU WAITING FOR.
- Artist advocacy group, C3 submitted 3 ways that the Music Modernization Act could be improved upon. In case you missed it, one of our fearless leaders (Ron Pope) was on a panel discussing the MMA at the Nashville Entrepreneur center a couple of weeks ago. He kicked ass and stood up for independent artists.
- Social Media use declining overall. Seems people are a little tired of their lives being broadcast all day, seeing their crazy cousin's political rants, and having FOMO. Another reason to boost your email list.
- Don't follow your passion? Seems a little off brand for us, but we dig this general advice from billionaire, Mark Cuban. "But in order to be one of the best, you have to put in effort. So don't follow your passions, follow your effort. I am going to give you one other secret: The one thing in life that you can control is your effort."
Last week's motivational quote:
"I want to grow. I want to be better. You grow. We all grow. We're made to grow. You either evolve or you disappear." - Tupac Shakur
Go get after it!
Each Monday we post relevant news stories from the previous week that you should be paying attention to as an indie artist. We'll mainly focus on streaming platforms, artist pay rates, and what's going on in the world of social media so you can access your fans better. What you won't find here: top level executive changes at major labels, big money marketing partnerships with giant artists, and things of that nature. As always, send us comments, suggestions, or things we may have missed!