Tag: distrokid

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DistroKid beta tests a music video distribution service

Music distributor DistroKid has a new off-shoot: DistroVid. As the name suggests, it's focusing on music videos rather than audio tracks.
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HyperTribe and DistroKid launch programme for women in music

HyperTribe, the UK-based (but globally-focused) community of musicians is working with distributor DistroKid on a four-week mentoring programme that launches on 28 March.
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DistroKid’s first ‘Sellout’ NFTs collection, yes, sold out

In fact, DistroKid says that all 10,000 NFTs, created by artists using its service, were sold within a day of the launch.
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Music NFTs roundup: DistroKid backlash, Kendra Jae, Whitney Houston and more

We reported yesterday on distributor DistroKid's non-fungibles move with its plans to get 10,000 artists creating 'Sellouts' NFTs. You won't find anything about that on the company's socials any more though: one fast,...
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DistroKid teams with Nifty Gateway for independent artist NFTs

Distributor DistroKid already claims to be responsible for more than a third of new tracks uploaded to streaming services. Now the company is making its move.
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Twitch launches a livestreaming music incubator scheme

Twitch settled its legal dispute with publishing body the NMPA in September to create space to sign licensing deals with individual members. Now it is launching a "livestreaming music incubator program" that will work with...
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UnitedMasters raises $50m funding at a valuation of $550m

It's not that long since some (although by no means all) music industry people were wondering whether digital music distribution was being commoditised...
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Spotify has just sold two thirds of its stake in music distributor DistroKid

Earlier today we reported on Spotify's latest financial results. Since that story, Spotify has published its full financials filing, including some interesting news about its investment in distributor DistroKid. That's...
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Distributor DistroKid valued at $1.3bn in funding round

There's gold in them thar distributors: DistroKid says that it has been valued at $1.3bn in a "substantial investment" made by Insight Partners.
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Spotify’s ‘Discovery Mode’ gains support from some distributors

Spotify has been coming under pressure over its ‘Discovery Mode’ test, which lets artists choose tracks to get a promotional boost in its autoplay and radio features, in return for a discounted royalty rate. Yesterday,...
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Facebook wants to add more independent music to its catalogue

Facebook has worked hard over recent years to sign licensing deals with major and independent labels and publishers covering user-generated content across its services, including Facebook and Instagram. Now it wants to swell...
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DistroKid says it distributes ’30-40%’ of all new music

DistroKid announced an update of its ‘Splits’ royalty distribution service on Friday, but what’s even more interesting is a claim made towards the end of the announcement about the distributor’s scale...