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Thursday, April 28, 2022

RG Ingersoll's Hotrax Music Tips for April 28 2022

 

The latest on Spotify Stock, Lizzo, Michael Rapino, Carnegie Hall, YouTube Ad Growth, more...

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April 28th, 2022


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Spotify Stock Plummets Below $100 Per Share for the First Time Following Q1 2022 Earnings ReportSpotify stock (NYSE: SPOT) has fallen beneath $100 per share for the first time in company history following the release of the service’s Q1 2022 financials.The Story Continues Here. 


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Lizzo Slated to Perform at the First Music Awards Show In the Roblox MetaverseLizzo will perform at the Logitech Song Breaker Awards, the first music awards show in the Roblox metaverse.The Story Continues Here. 
Live Nation CEO Michael Rapino Has Sold Almost $160 Million In Company Stock During 2022Live Nation president and CEO Michael Rapino has sold nearly $160 million worth of stock in his company since 2022’s beginning, Securities and Exchange Commission (SEC) filings have revealed.  The Story Continues Here.
 

Carnegie Hall Announces Full Season Comeback for 2022-2023Carnegie Hall has announced its full comeback season for 2022 through 2023, with over 150 concerts scheduled.The Story Continues Here.
 

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YouTube Ad Growth Slows Even As Shorts Grow ExponentiallyDespite exponential YouTube Shorts growth, YouTube ad growth has slowed drastically after the pandemic.The Story Continues Here. 


BandLab Officially Wraps $65 Million Series B With Investments From Vulcan Capital and Prosus Ventures

Back in December of 2021, music-creation company BandLab revealed that its Series B had generated $53 million at a $303 million post-cash valuation. Now, four months and an additional $12 million later, the Singapore-based business has formally closed the round.The Story Continues Here.
 

Warner Music Group Launches In-House Podcast Network – Interval PresentsWarner Music Group is launching an in-house podcast network called Interval Presents. Here’s what you should know.The Story Continues Here. 


How To Release Music on Spotify (Step-by-Step Process)Even though Spotify’s streaming payouts are currently atrocious, your music still needs to be available on the platform.The Story Continues Here. 


Most ReadEuropean Union High Court Upholds Article 17 of Controversial Copyright Directive — Music Industry Organizations ReactThe Court of Justice has officially upheld Article 17 of the controversial EU Copyright Directive, which makes certain “online content-sharing service providers” (as opposed to users) liable for the unauthorized use of protected media. Music industry organizations including Impala and the European Composer and Songwriter Alliance are reacting to the decision.The Story Continues Here. 


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The latest positions and posts! Check out the full list here, and email noah@digitalmusicnews.com for details on how to post.Warner Music NashvilleStreaming ManagerRitholz Levy Fields, LLPLocation:  Nashville, TN (Hybrid)