Interesting thoughts by Mat Dryhurst, who suggests turning Soundcloud into a crowd-owned platform. It still has a lot of issues to solve before this would work well, but then the interests of creators & listeners could be better aligned.
Shawn ‘Gif’ Folk, an artist who also runs a YouTube-channel about music marketing called Pay Us No Mind, goes through some of TIDAL’s broken promises. It seems like Roc Nation didn’t really understand the complexities of running a streaming platform. (luckily there are some skilled people on the team there, who will hopefully turn things around)
“The situation is now urgent and we can no longer allow this to continue,” warns CEO, after charity identifies “mental health crisis” in the music business. In other news, Passion Pit’s Michael Angelakos self-released a new album and is making sure proceeds go to treating mental illness.
A market which after years of counterfeit CDs and unlicensed streams is now starting to show signs of growth. Tencent’s leading the charge. Read more. Meanwhile, Latin America is also turning into a valuable streaming market.
If you don’t know about Pieter Levels, he’s an entrepreneur I try to follow closely. He bootstraps small startups and often turns them into a success by releasing new versions often and iterating fast. I think this is something people on the newsletter can learn from. In this article, he talks about his latest project, Hoodmaps. He was one of the inspirations for my piece: if you want to learn how to code, don’t learn how to code.