Water & Music

INTRO/OUTRO MUSIC: Lakey Inspired — "Better Days" YouTube | SoundCloud License for commercial use: Creative Commons Attribution 3.0 Unported "Share Alike" (CC BY-SA 3.0) License. Full License: https://creativecommons.org/licenses/... Music promoted by NCM: https://goo.gl/fh3rEJ FEATURED GUEST: Amit Gurbaxani, freelance music journalist (Firstpost, Billboard, Music Ally, etc.) FULL ANNOTATED AND HYPERLINKED TRANSCRIPT: https://medium.com/@cheriehu42/what-indias-music-industry-can-teach-us-about-paid-youtube-views-musical-regionalism-and-the-7008bc4cea99 ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC: Gab Wolf — "Baby" Bandcamp FEATURED GUEST: Garrison Snell, Founder/CEO of Gyrosity Projects FULL ANNOTATED AND HYPERLINKED TRANSCRIPT: https://medium.com/@cheriehu42/why-now-is-a-challenging-time-to-start-a-music-marketing-agency-f151192c9410 ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC: Madame Gandhi — "Bad Habits" (Instrumental) Spotify | Instagram | YouTube FEATURED GUEST: Kiran Gandhi, a.k.a. Madame Gandhi FULL ANNOTATED AND HYPERLINKED TRANSCRIPT: https://medium.com/@cheriehu42/what-does-an-artist-centric-future-for-music-tech-look-like-9ae5ca11d435 ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC: PYLOT — "Clova" Spotify | SoundCloud | Apple Music Music provided by Monstercat: https://youtube.com/monstercat https://youtube.com/monstercatinstinct FEATURED GUEST: Wyatt Jenkins, SVP Product at Patreon Patreon raised a $60 million Series D funding round in July 2019, around one month after this interview was originally recorded. Part of our discussion revolves around Wyatt's blog post in February 2019 about why Patreon is not a discovery platform. FULL ANNOTATED AND HYPERLINKED TRANSCRIPT: https://medium.com/@cheriehu42/why-music-isnt-a-top-two-category-on-patreon-yet-c734a71d8959 Thanks to Marcus Hahm for his help with mixing! ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC "McFlurry" (Instrumental) by Sleaford Mods Original song: Spotify | Apple Music | YouTube Music licensed from Lickd - https://lickd.co Listen and License this track here: https://t.lickd.co/0b16a70c28b54aaab609c4fc88193c06 License ID: 498c21344bcd47379e72f0f740e4465c FEATURED GUEST Alex Mitchell Founder/CEO, Boomy Boomy launched out of beta on July 19, 2019, just one hour before this episode was recorded. FULL TRANSCRIPT WITH HYPERLINKS https://medium.com/@cheriehu42/how-artificial-intelligence-will-do-to-music-what-instagram-did-to-photography-b69268a2d318 Special thanks to Marcus Hahm for help with mixing! ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC "Flowers" by a[way] Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download/Stream: http://bit.ly/Flowers-away Music promoted by Audio Library: https://youtu.be/h_7V5TXkAw4 FEATURED GUEST Sammy Andrews CEO, Deviate Digital This episode is inspired by Sammy's recent column in Music Week about the stubborn data silos that persist in the music industry. TIMESTAMPED TOPICS [2:49] Interview begins [5:53] Preliminary overview of different data silos that exist among artists, labels, publishers, distributors and streaming platforms. Examples: [9:49] Importance of asking for access to certain kinds of data in recording/publishing contracts. [11:15] Promoters usually get left behind in terms of access to data, but take on the most risk in putting on shows. [15:09] DSPs have a long way to go before fully nurturing and monetizing superfan relationships. [16:40] Distributors offering self-serve advertising platforms to indie artists Show.coBeatchainCORRECTION:AdRev[21:08] Given that nothing is certain in terms of the future of tech and media companies, the best way to protect artists is to ensure that they can have their consumption, audience and payment data move with them, as opposed to constantly trying to cobble together fragmented sources at the whim of third parties. [26:05] What are types of data that music companies are very protective about and don't want to share, but whose openness could actually benefit them more? global playlist brand for the independent community[30:03] More and more music companies all morphing into the same thing and eating into each other's revenue streams. Original articleMusic Business WorldwideRolling Stone.[33:09] Is bundling an effective solution for breaking down data silos, or does it just take advantage of fans? DJ Khaled vs. Tyler the CreatorVerified Fan campaign[36:10] The chicken-egg problem for solving the data-silo problem: Should we try to build a concrete product first, or start by tackling wider organizational practices and behaviors? [42:31] Overrated/Underrated segment begins [42:39] Sammy's topic: Big tech players like Netflix, Facebook and Spotify extending and diversifying their reach into entirely different types of content and technologies. short-lived ticketing venture[47:25] Caveats of doing exclusive distribution and content deals with tech platforms Crazy Rich Asianschose[52:46] Cherie's topic: Spotify is one of several tech companies supporting Facebook's new cryptocurrency Libra. official post on their website Special thanks to Jay Shah for help with editing and mixing! ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC: Yung Skrrt & Jonah Baseball - "The Man" (feat. Houdinne & Lunarboy) (Instrumental) Spotify | SoundCloud | Bandcamp Yung Skrrt: Twitter | Instagram COVER ART: Arielle Trenk FEATURED GUESTS: Eugene Kan — co-founder, MAEKAN Charis Poon — writer, editor and producer, MAEKAN Both Eugene and Charis co-host the weekly podcast Making It Up, and were two of five co-writers of the essay "The Modern Creator's Paradigm: Reasons for More Critique and Accountability." SHOW TIMESTAMPS: [2:50] Interview begins. [4:00] Are we as consumers sufficiently challenging the creative work that's out there? Is it our role to challenge it? Should the consumer always "win"? [9:12] Music and video platforms are increasingly embracing their roles as gatekeepers, and taking on the burden of responsibility and scrutiny in their curation. Discover Weakly[15:45] A significant component of creative and algorithmic accountability just comes down to answering the question of why. Why is a platform recommending this song or movie to me? Why am I listening to this song, and does the platform know that reason? This is a question that word-of-mouth addresses better than any other tactic, and that algorithmic channels like Spotify's Discover Weekly still struggle to navigate. [20:36] Thinking more critically about a piece of creative work arguably drives up the value of that work. "Without creative accountability, the new work that’s generated rarely gets the critique necessary for it to develop into something refined and of higher value." [25:26] Regardless of whether the song "Old Town Road" is actually "good," Lil Nas X benefited from fast-moving forms of cultural response — including memes, which arguably comprise a form of cultural criticism. [28:42] Despite whatever creative democratization has taken place thanks to technology, our silos of communal critique may be deepening. [29:39] As a whole, if we're advocating for smaller, tight-knit communities of critique to help push culture forward, how many of those communities will we be able to see in the open? Who will even get to see it in the first place? (Hint: platforms.) [30:57] From a cultural consumer's perspective, higher barriers to consumption arguably lead to more impactful and emotional investment in creators. [33:41] Music distribution and tech companies are increasingly catering to the "middle tier" of independent artists and their teams. recent newsletter[39:01] A somewhat radical idea: What if creator-focused companies taxed hobbyists higher than professional artists for their services? Or, put another way, what if artists were rewarded with more equity, not less, for contributing positively to their culture and community — essentially the opposite of how traditional record-label deals are structured? [42:44] Discussion of the key building blocks for the future of media, speaking from our experiences building MAEKAN (Eugene/Charis) and a Patreon membership (Cherie). Key trends: [54:39] Overrated/Underrated segment begins. (this lasted more than 10 minutes, lol) [54:57] Charis: The conversation and controversy around Taylor Swift's new single and music video "You Need to Calm Down." [58:32] Eugene: The role of merch bundling not only in Billboard chart placement, but also in artists' cultural influence on- and offline. DJ Khaled vs. Tyler, The Creator[1:04:46] Cherie: YG Entertainment founder Yang Hyun-Suk stepping down, amidst a string of sex-related scandals in the K-pop world. Subscribe to my newsletter for more conversations on big ideas and trends in music and tech: bit.ly/waterandmusic ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC: WYL & Wun Two - "Kübla" Spotify | SoundCloud | Bandcamp FEATURED GUESTS: Ben Gross — Chief Strategy Officer, Genius Laura Kinniburgh — Head of Music Licensing, Genius SHOW NOTES: [2:34] Interview begins [2:52] Overview of Genius' relations with publishers, songwriters and other players in the music industry [5:45] Overview of Laura's background in music licensing and current role at Genius [6:53] Types of licenses involved in Genius' online video series [7:23] Relationship between Genius' industry relationships and the site's user-generated content Genius profile for the rapper Rekstizzyuntil 2017[10:06] How Genius approaches sharing advertising revenue with rights holders—including emerging artists without publishing representation or support [12:21] Overview of Genius' partnerships and integrations with Spotify, Apple Music and YouTube launchedlaunchedtested[15:05] Genius' role as an advocate for publishers in their deals with streaming companies [17:02] Impact of lyric integrations on lean-forward engagement and differentiation on streaming services [21:16] Role of lyrics in voice search lyric requestslaunched[24:40] Laura's role in educating up-and-coming and unsigned artists about how publishing and performance royalties work [25:21] How Genius' "Verified" videos provide a source of publishing income for artists [26:18] Whether Laura's job in music licensing has gotten easier or harder over time as technology has advanced [27:36] New and unconventional forms of music and lyrics licensing Lyrics to Life event[31:00] Why music scares brands from a licensing perspective, and how companies like Genius are trying to help [33:08] How users can experience lyrics as the first point of music discovery [35:34] How you don't have to be interviewed in a "Verified" video to get paid by the series Genius Verified video for "Monopoly,"[36:45] How Genius recently reconfigured its approach to music licensing—in part because of Laura's background on The Tonight Show [38:03] What tools and resources Laura uses to help streamline her licensing process [39:45] The massive metadata problem for artists and how, if at all, Genius can help out [44:23] Overrated/Underrated segment begins [44:35] The ongoing wave of vague copyright infringement lawsuits from songwriters, in the wake of the "Blurred Lines" case dropped his 2017 lawsuitbelatedly gave[48:05] Mariah Carey is an underrated songwriter honored Careynominated[51:10] Fenty, Rihanna's new luxury house with LVMH wrote for Billboard last yearsold $50 church socksThanks for listening! :) ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC: "Muted Voices" by Landslide Spotify | Apple Music Licensed from Lickd—listen and license this track here License ID: 4d328232aa4a4fb1845b1b8097aaaf8e FEATURED GUEST: Alex Bonavia Head of Business Development at Wavo Twitter: @A_Bonavia SHOW NOTES: [1:40] Interview with Alex begins [4:54] Adam Alpert on The Chainsmokers' monthly release strategy in 2017: "The strategy works very well for streaming services, because they are getting regular content, and playlist editors can help you narrate that story month to month." https://www.billboard.com/articles/news/dance/7718105/chainsmokers-manager-adam-alpert-interview-2017 [5:25] The newly-reunited Jonas Brothers released their two latest singles, "Sucker" and "Cool," within 40 days of each other: https://www.youtube.com/watch?v=CnAmeh0-E-U https://www.youtube.com/watch?v=8_JbZvHc92U [9:15] An example of a label exec touting the power of building "career artists": https://www.billboard.com/articles/business/8094078/2-single-release-strategy-music-industry [12:55] I wrote for Billboard last year about whether labels should be concerned about Spotify's churn rate: https://www.billboard.com/articles/business/8258220/music-industry-spotify-churn-rate-inactive-subscribers [13:38] Splice raised a $57.5M Series C round in March 2019: https://techcrunch.com/2019/03/20/splice-sample-marketplace/ [15:05] Alex's tweet about the rise of JVs: https://twitter.com/A_Bonavia/status/1105205494170480646 [15:52] Managers like Jake Udell and Scooter Braun are starting their own labels in-house: https://www.billboard.com/articles/business/8488954/artist-managers-launching-record-labels [17:09] ODESZA's label Foreign Family Collective: https://www.foreignfamilycollective.com [17:45] RÜFÜS DU SOL launched their own label Rose Avenue in October 2018, which has a distribution deal with Warner Bros. imprint Reprise Records, according to metadata from their latest album on Spotify: https://www.billboard.com/articles/news/dance/8478125/rufus-du-sol-rose-ave-label-cassian-lafayette [20:50] W Hotels launched its singles label in October 2018, and has collaborated with the likes of Amber Mark and Perfume Genius: https://www.rollingstone.com/music/music-news/w-hotels-is-record-label-now-too-732641/ [21:03] Red Bull Music Academy will be shutting down later in 2019: https://pitchfork.com/news/red-bull-music-academy-and-radio-to-shut-down/ [22:08] Yes, KFC's Colonel Sanders did have a slot at the Ultra Music Festival: https://consequenceofsound.net/2019/03/ultra-kfc/ [22:35] Mountain Dew's media & entertainment venture with Complex Media, Green Label, once housed the record label Green Label Sound, which collaborated with artists like Jay Electronica and The Cool Kids. The venture at large seems to be inactive today: http://greenlabel.com [22:53] More context on the multifaceted Kitsuné brand, co-founded by former Daft Punk manager Gildas Loaëc: https://www.billboard.com/articles/business/8236269/kitsune-x-nba-new-standard-indie-label-releases-fashion-sports [26:25] ALL the JVs!! - Boominati Worldwide, Metro Boomin's JV with Universal Music's Republic Records: https://www.billboard.com/articles/columns/hip-hop/7849328/metro-boomin-boominati-worldwide-label-bryson-tiller-tour - Visionary Records, Visionary Music Group's JV with Sony: https://www.forbes.com/sites/ogdenpayne/2019/01/24/music-entrepreneur-chris-zarou-launches-new-sony-backed-imprint-visionary-records/#3abcd53c7485 - Palm Tree Records, a JV between Kygo's manager Myles Shear and Sony: https://www.billboard.com/articles/business/8478266/kygo-myles-shear-palm-tree-records-sony-music [27:55] In 2017, Spotify's Director of Economics Will Page wrote an important analysis for Music Business Worldwide about why the arbitrary 18-month threshold for catalog marketing is no longer relevant in the streaming...

INTRO/OUTRO MUSIC: "In All The Wrong Places" (Instrumental) by Kero One YouTube | Spotify | SoundCloud FEATURED GUEST: Kero One, DJ/rapper/producer http://www.kero1.com/ SHOW NOTES [2:40] Interview with Kero One begins [4:46] More context on the origin of the "Is this a butterfly?" anime meme: https://www.vox.com/2018/5/15/17351806/is-this-a-pigeon-anime-butterfly-meme-explained [5:45] Cartoon Network's Adult Swim is referenced several times in oral histories of lo-fi hip-hop—from its role in engineering the success of rapper MF DOOM, to its influence on other, younger producers and the emergence of nostalgia-driven audiovisual mixes on YouTube: https://www.youtube.com/watch?v=kVZcO6bcYqc https://djbooth.net/features/2018-06-13-lo-fi-hip-hop-evolution https://www.vice.com/en_us/article/594b3z/how-lofi-hip-hop-radio-to-relaxstudy-to-became-a-youtube-phenomenon [8:15] YouTube first launched its native livestreaming feature in limited beta in spring 2011, and waited until late 2013 to open up the feature to anyone with 100 or more subscribers: https://youtube.googleblog.com/2011/04/youtube-is-going-live.html https://www.theverge.com/2013/8/3/4586624/youtube-live-streaming-now-available-to-channels-with-100-subscribers [10:50] I last interviewed Kero for a Forbes article in summer 2017, during which he shared how one of his biggest breaks as an artist came when underground DJs in Japan picked up copies of his 2006 project Check the Blueprints: https://www.forbes.com/sites/cheriehu/2017/07/21/inside-kero-azures-old-school-new-blueprint-trans-pacific-vision-of-indie-rap/#7b1023aa2eed [11:40] The New York Times published a fascinating multimedia article in February 2019 about the presence of Chicano/Chicana subcultures in Japan, including an interview with Japanese Chicana rapper Mona. To be fair, OC Weekly beat them to their own coverage eight years earlier: https://www.nytimes.com/2019/02/19/style/how-my-southeast-la-culture-got-to-japan.html https://ocweekly.com/when-east-los-meets-tokyo-chicano-rap-and-lowrider-culture-in-japan-6573626/ [14:04] Links to Nujabes and Cradle Orchestra: https://www.youtube.com/watch?v=WrO9PTpuSSs https://en.wikipedia.org/wiki/Cradle_Orchestra [17:32] Passion of the Weiss' interview with Bas van Leeuwen, founder of record label Chillhop Music, in which he states that "we don’t want the music to be seen as a throwaway or interchangeable product. We want people to recognize individual tracks": https://www.passionweiss.com/2019/01/16/lo-fi-hip-hop-chillhop/ [19:17] You can watch the first installment in Kero's career-driven video series on YouTube by clicking here: https://www.youtube.com/watch?v=TbCJmSmObuE&t=60s [22:10] Kero's comments connecting EDM to lo-fi hip-hop in terms of both genres' dependence on playlists reminded me of this piece I wrote for Billboard last year about how some flagship playlists on Spotify were underperforming on engagement and conversion to artist fandom, despite having multiple millions of followers: https://www.billboard.com/articles/business/8463174/spotify-playlists-engagement-analysis-study [26:06] DJ Mark Farina has been commercially releasing a series of downtempo/chill hip-hop compilations called Mushroom Jazz since 1996. Here's a link to the second compilation in full on YouTube: https://www.youtube.com/watch?v=f6k0FlHGrZE [31:06] Spotify's "Lo-Fi Beats" playlist currently has over 1.7 million followers; "Mellow Beats" has over 1.4 million followers; "Chill Lofi Study Beats" has over 400,000 followers. https://open.spotify.com/playlist/37i9dQZF1DWWQRwui0ExPn https://open.spotify.com/playlist/37i9dQZF1DX3qCx5yEZkcJ https://open.spotify.com/playlist/37i9dQZF1DX8Uebhn9wzrS [33:32] Links to the life and work of Sam Gellaitry, an electronic producer in his early...

INTRO/OUTRO MUSIC: "sleep" (instrumental) by min.a Spotify | SoundCloud | YouTube TRAVEL UPDATES: I'm speaking at the European DIY Musician Conference in Valencia, Spain on April 6 and 7! If you'll still be around, you can purchase tickets here: https://diymusiciancon.com/eu/ FEATURED GUEST: Amber Horsburgh Music marketing consultant; former SVP of Strategy of Downtown Records Author of the Deep Cuts newsletter https://us2.list-manage.com/subscribe?u=f0541c84182af8be2e2a9a627&id=6b07de7ce8 Today's episode is inspired by Amber's blog post "Playing to Strangers": https://medium.com/@AmberHorsburgh/playing-to-strangers-8568f5e0e2fd SHOW NOTES: [3:44] Interview with Amber Horsburgh begins [5:32] Byron Sharp's book How Brands Grow: What Marketers Don't Know: https://www.amazon.com/How-Brands-Grow-What-Marketers/dp/1511383933 [10:46] Music Ally's report on the "dry streams" problem and how labels and managers navigate it: https://musically.com/wp-content/uploads/2019/03/Sandbox224-62916028.pdf [15:18] Kevin Kelly's original blog post on "1,000 True Fans": https://kk.org/thetechnium/1000-true-fans/ [19:02] The Coachella lineup in 2012 featured many more artists from the rock and pop world—e.g. Beirut, The Black Keys, Arctic Monkeys and M83—than from hip-hop, R&B and similar genres: https://consequenceofsound.net/2012/01/radiohead-dr-dre-the-black-keys-headline-coachella-2012/ [20:41] As one example of a study on rising concert ticket prices, the U.K.'s National Arenas Association found that the average ticket cost for a big-arena gig in the country rose from £22.58 in 1999 to £45.49 in 2016. Adjusting for inflation, that's a 27% increase over that time period: https://www.bbc.com/news/business-42982769 [22:02] Artist manager Jake Udell's newsletter about how record labels often spend 80% to 90% of their budget on content, rather than on reach: https://artofamanager.com/2019/02/important-marketing/ [24:26] During Spotify's Investor Day presentation in March 2018, CEO Daniel Ek shared that the streaming service receives roughly 20,000 tracks every single day: https://investors.spotify.com/events/investor-day-march-2018/default.aspx [29:49] According to a study by MusicWatch, 44% of Facebook users like an artist or band, while 56% of Instagram users follow, tag and/or share posts from artists https://www.soundexchange.com/2018/08/08/musicwatch-music-social-media-perfect-harmony/ [39:12] Marshmello's groundbreaking Fortnite concert continues to be on the tips of everyone's tongues in the industry: https://www.theverge.com/2019/2/2/18208223/fortnite-epic-games-marshmello-concert-exciting-bizarre-future-music [40:33] Courtney Barnett and Kurt Vile's critically-acclaimed collaborative album Lotta Sea Lice was released in October 2017: https://courtneybarnettandkurtvile.bandcamp.com/album/lotta-sea-lice [43:32] Overrated/Underrated segment begins [43:47] Bandsintown acquired Hypebot and Music Think Tank: https://variety.com/2019/music/news/bandsintown-platform-acquires-hypebot-musicthinktank-1203170255/ [44:47] Throughout January and February 2019, both HuffPo and BuzzFeed laid off 7% and 15% of their workforce, respectively: https://www.theguardian.com/media/2019/jan/26/huffpost-buzzfeed-layoffs-digital-journalism [45:23] I recently wrote a two-part essay for my newsletter Water & Music about how artist education is the new point of competition for music companies, especially for streaming services and third-party distributors: https://www.getrevue.co/profile/cheriehu42/issues/artist-education-is-the-new-competition-part-one-154161 https://www.getrevue.co/profile/cheriehu42/issues/artist-education-is-the-new-competition-part-two-156331 [48:37] Warner Music acquired Songkick in July 2017: https://techcrunch.com/2017/07/14/warner-music-group-buys-concert-discovery-service-songkick/ Thank you so much for listening! :) ★ Support this podcast on Patreon ★

INTRO/OUTRO MUSIC: "Drifter" by postmoderndisco Spotify | Bandcamp | SoundCloud | YouTube GUEST: Mike Warner Author, Work Hard Playlist Hard (https://gumroad.com/a/550745203) Artist + Label Relations, Chartmetric Manager + Producer, Date Night CITATIONS: [3:32] Interview with Mike Warner begins [5:14] My original tweet claiming that "playlist placement isn't artist development": https://twitter.com/cheriehu42/status/1067873158705893378 [5:41] My email newsletter issue about our new "post-playlist" reality: https://www.getrevue.co/profile/cheriehu42/issues/our-new-post-playlist-reality-138493 [11:48] There are many other resources online about how to "optimize" your Spotify profile for discoverability and follows, such as on this blog: https://www.awal.com/blog/playlisting-tips [17:35] Spotify shut down third-party playlisting pitching service Spotlister for breaching the former's terms of service, as illuminated in an investigation by The Daily Dot: https://www.dailydot.com/upstream/spotify-playlist-scandal/ [22:42] Playlist SEO is real, and there are ways artists can use it to their benefit (instead of, you know, for scamming people): https://diymusician.cdbaby.com/music-promotion/build-spotify-playlist-shows-search/ [29:00] As I and a few other writers have covered recently, the role and power of music publicists has changed rather dramatically over the last five years in the wake of streaming and other digital trends: https://www.billboard.com/articles/events/women-in-music/8488966/female-music-industry-publicists-unsing-power https://www.billboard.com/articles/business/8493224/independent-music-publicists-shrinking-media-landscape-premieres [32:40] Keith Jopling's blog post about the future of playlist innovation for MIDiA Research: https://www.midiaresearch.com/blog/whats-next-for-playlist-innovation/ [33:51] Spotify launched a collection of horoscope playlists in January 2019, in collaboration with "resident astrologer" Chani Nicholas: https://newsroom.spotify.com/2019-01-17/astrologer-chani-nicholas-shares-how-music-matches-your-horoscope/ [38:32] Overrated/Underrated segment begins [38:51] Facebook announced new music licensing deals in India, Thailand, Vietnam and other markets across Asia during SXSW: https://www.billboard.com/articles/business/8502461/facebook-music-40-countries-india-thailand [39:40] In January 2018, a study by Diffusion Group found that 50% of adult Facebook users in the U.S. had never heard of the free Watch video service, while 24% had heard of it but never used it. https://variety.com/2018/digital/news/facebook-watch-half-users-never-heard-of-1202913756/ [42:42] Around Spotify's launch in the U.S., the streaming service relied heavily on Facebook for acquiring users and spreading a reputation of the service as "social-friendly." https://www.wired.com/2011/05/facebook-spotify-together/ [43:18] Spotify launched in India in February 2019—but without some clickbait-friendly legal action from Warner Music Group. https://techcrunch.com/2019/02/26/spotify-launches-in-india/ https://www.theverge.com/2019/3/1/18243053/spotify-warner-india-global-food-fight-music-streaming [46:00] In December 2019, Indian streaming service Saavn merged with the music arm of Reliance Jio, one of India's biggest telcos: https://techcrunch.com/2018/12/05/jiosaavn/ [47:05] Deezer is known for relying heavily on telco partnerships for customer acquisition, even if those customers don't stay around for long—leading to a phenomenon that MIDiA Research has called "zombie users": https://www.billboard.com/articles/business/8258220/music-industry-spotify-churn-rate-inactive-subscribers [47:21] Here's a recap of the most-streamed songs on Spotify India in the first week: https://musically.com/2019/03/07/western-artists-prove-popular-in-spotifys-early-days-in-india/ [48:55] Apple is expected to launch a video subscription service later this...

OPENING & CLOSING MUSIC: Mark Redito (fka Spazzkid) - "Getting To Know You" SoundCloud | Bandcamp | Spotify (Spazzkid) | Spotify (Mark Redito) FEATURED GUEST: Dan Runcie, founder of Trapital https://trapital.substack.com http://www.danruncie.com PODCAST ARTWORK: Arielle Trenk http://www.arielletrenk.com/ --- FULL SHOW NOTES: This episode is inspired by Dan's article in Trapital about the intersection of hip-hop and VC: https://trapital.substack.com/p/why-hip-hop-can-help-venture-capital [3:30] Interview with Dan Runcie begins [4:25] The original tweet is now deleted, but there are several news articles written about the debate that ensued—here's just one example: https://news.iheart.com/featured/jojo-wright/content/2018-01-29-people-are-choosing-dinner-with-jay-z-over-50k/ [6:18] Links to some of Jay-Z's nuggets of wisdom, including his autobiography and interview on the Rap Radar podcast: https://www.amazon.com/Decoded-Jay-Z/dp/0812981154 http://rapradar.com/features/rap-radar-podcast-jay-z/ [8:45] One example of a social app that relied on celebrity investment for user acquisition, only to fall flat shortly thereafter, is Shots: https://www.recode.net/2016/10/30/13459412/shots-app-justin-bieber-rudy-mancuso-lele-pons [10:39] Some links to rapper Russ' tweet-storm touting the importance of artists owning all the rights to their work and building enough leverage and clout on their own terms, prior to approaching a label, lawyer or other business partner: https://twitter.com/russdiemon/status/1103422668366376960 https://twitter.com/russdiemon/status/1103393282506264578 https://twitter.com/russdiemon/status/1103390793316921344 [12:25] The "record-label-as-VC-firm" concept has been swimming around for over a decade—here are links to some earlier examples: https://money.cnn.com/2007/04/18/news/companies/pluggedin_arango_music.fortune/index.htm https://www.hypebot.com/hypebot/2010/09/the-music-venture-capital-business-model.html [14:15] We reference indie distribution company UnitedMasters frequently in this episode. For those who aren't familiar, it's a distribution service owned by ad agency Translation that purports to give unsigned artists an unparalleled opportunity to connect and partner with brands, using distribution and the accompanying consumption data as the primary funnel. https://unitedmasters.com/ [16:53] The news of NLE Choppa partnering with UnitedMasters instead of signing a $3 million traditional record deal was broken on Billboard: https://www.billboard.com/articles/business/8498476/nle-choppa-turned-down-a-3-million-record-deal-partner-united-masters [18:18] Here are some links that give more context on indie.vc's model, and its investment in black-owned media company The Shade Room: https://venturebeat.com/2016/07/30/how-the-indie-vc-model-is-disrupting-vc-firms/ https://techcrunch.com/2017/05/17/the-shade-room-is-profitable-and-not-interested-in-acquisition/ [21:01] Amuse is a 100% free music distribution tool; the parent company's business model relies in part on its wholly-owned record label, which scouts and signs artists based on data gathered through the distribution service: https://amuse.io/record-label [21:39] Playlist placement isn't artist development. Repeat that ten times. https://twitter.com/cheriehu42/status/1067873158705893378 [22:30] UnitedMasters' first official brand partner is the NBA, giving the distributor's artists the opportunity to have their music synced across NBA's digital properties: https://techcrunch.com/2018/11/09/new-unitedmasters-deal-will-enable-its-artists-get-play-across-nba-properties/ [24:34] CD Baby's CEO Tracy Maddux has written about the , despite https://www.billboard.com/biz/articles/news/digital-and-mobile/6121578/tales-of-long-tails-death-greatly-exaggerated-guest [26:46] See the graph on page 4 of PitchBook's Venture Monitor report from Q4...

Opening instrumental: "Gonna Be Honest" by Jae Jin Original song: youtube.com/watch?v=CwaS3G2TG-c jaejinmusic.com Guest: David Turner Website: davidturner.work Twitter: twitter.com/_davidturner_ Newsletter: getrevue.co/profile/pennyfractions Patreon: patreon.com/pennyfractions ---------- Footnotes + corrections [2:40] David Turner wrote an issue for his Penny Fractions newsletter about how Ariana Grande's "thank u, next" presents a potential new model for pop music. https://www.getrevue.co/profile/pennyfractions/issues/penny-fractions-thank-u-next-is-the-new-model-of-pop-music-148912 [3:36] INTERVIEW BEGINS [3:50–4:55] Over the last month alone, Ariana Grande has broken streaming and chart records previously held by Drake, The Beatles, Taylor Swift and Katy Perry. https://www.billboard.com/articles/columns/chart-beat/8499407/ariana-grande-rules-hot-100-billboard-200-artist-100 https://www.billboard.com/articles/columns/chart-beat/8498841/ariana-grande-top-3-spots-hot-100 https://www.billboard.com/articles/news/8498122/ariana-grande-most-subscribed-female-artist-youtube [5:01] Are pop stars having an identity crisis in the wake of hip-hop's rise? Some people think so. https://www.wsj.com/articles/the-pop-diva-identity-crisis-1508348017 [6:13] YouTube is looking to take its Premiere feature more seriously in 2019, in the wake of one-off successes with artists like Ariana Grande and Dua Lipa. https://www.rollingstone.com/music/music-news/youtube-unveils-premiere-feature-784746/ [8:15] Leading up to the release of her album Witness, Katy Perry hosted a 24-hour livestream on YouTube that featured her simply living around a house, occasionally changing outfits and interacting with viewers. Critics largely interpreted the stream as a "last-ditch effort" to direct audiences' attention toward the album, after a series of singles that flopped. https://www.billboard.com/articles/news/7825918/katy-perry-witness-live-stream-essay [10:14] Coachella's 2018 livestream attracted 41 million viewers in total over the course of two weekends. https://www.latimes.com/entertainment/la-et-entertainment-news-updates-2018-coachella-racks-up-record-41-1524000028-htmlstory.html [13:49] One example of a successful 24/7 channel on Twitch is that of electronic and gaming label Monstercat. https://www.twitch.tv/monstercat [21:49] THE PUMP PLAN!! No other words needed. https://www.vulture.com/2018/12/the-gatekeepers-of-soundcloud-rap.html [22:54] Netflix deliberately planted memes across the internet in its marketing of original film Bird Box, which did attract views from anywhere between 26 million and 45 million Netflix accounts within its first week of release. https://www.theringer.com/movies/2019/1/3/18167278/bird-box-memes-netflix-bots-marketing [24:24] You can listen to Lil Pump's new album Harverd Dropout here. https://open.spotify.com/album/3zGtADK8O9cFL3x6B2yvsB [25:56] Ariana Grande one taught me love etc meme viral, resonated across fandoms. https://mashable.com/article/one-taught-me-meme-ariana-grande/#NXp6O0dU8PqD [27:12] Illustrator Andy J. Pizza's podcast Creative Pep Talk has become one of my favorite podcasts not just for motivation and inspiration, but also for tactical advice on running an independent career in any creative field. Here I cite his recent episode about what questions artists must ask themselves before pursuing "more followers." http://www.creativepeptalk.com/episodes/2019/2/13/218-want-more-followers-ask-yourself-this [31:29] Chris Molanphy, chart analyst and host of Slate's music history podcast Hit Parade, discusses his concept of a celebrity's "imperial period" in this episode about Elton John and George Michael. http://bit.ly/2Sp58wH [32:38] In June 2018, Spotify infamously plastered Drake's face over dozens of their biggest playlists, to promote the rapper's album Scorpion. The marketing move was controversial both to industry insiders and to fans, and some Spotify users even...