Twitter Is Investing $70 Million Into SoundCloud

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Although Twitter pulled out of a deal to buy SoundCloud in 2014, it is now reported that the social network giant has invested $70 million into the music streaming platform.

When discussing the investment deal, Twitter CEO Jack Dorsey stated: “Earlier this year we made an investment in SoundCloud through Twitter Ventures to help support some of our efforts with creators. They’ve been great partners of ours over the years and their community-supported approach mirrors ours in many ways.”

This follows Twitter’s announcement that SoundCloud will now appear in and stream via Twitter Moments thanks to a deal struck in April. The move aims to allow curators to build specific playlists for specific tweets.

There is no public information that discusses the $70 million cash infusion at this time, although a statement from a SoundCloud spokesperson reads: “We can confirm that Twitter has made an investment in SoundCloud. Both companies facilitate and inspire contemporary culture to happen in real time while reaching millions of people around the world.

“This investment will enable SoundCloud to remain focused on building value for creators and listeners alike, and to continue the global rollout of many company initiatives such as our recently launched subscription service, SoundCloud Go.”

It is estimated that this funding round values SoundCloud at about $700 million — the same value that investors placed on the company in 2014, when it raised $60 million.

Source: Recode

SFX’s Flavorus Sold to Vivendi for $4 Million

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As we previously reported, SFX has been auctioning off their assets as part of their Chapter 11 Bankruptcy restructuring. Major event companies the likes of React Presents, Made Event, Alda Events and more were owed millions as a result of years’ worth of steady financial decline.

The latest company on SFX’s portfolio to have been sold is Flavorus, the ticketing service that has in the past been used by major festivals such as Electric Daisy Carnival and Movement Electronic Music Festival. On June 2nd and 3rd, Flavorus was auctioned off to Vivendi Ticketing US LLC, a branch of the UK’s Vivendi S.A. for the high-bidding price of $4 million offer – a $13.1 million loss on the price the company was originally acquired for in 2014.

The latest in SFX’s development comes following Beatport’s announcement that it is ending its news and streaming services in order to concentrate on its original intended purpose of serving as a music store for the electronic music community.

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Are Carl Cox & Native Instruments Feeling Your Mix?

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With the 2015 release of Stems, a new audio file format by Native Instruments, the digital DJ game has started to change drastically. To celebrate the first anniversary of this revolutionary new format, Native Instruments will be hosting a special giveaway event – a mix competition, co-hosted by Mixcloud. To enter, you must record a 30-minute mix (using TRAKTOR, of course), upload it to Mixcloud, and add the tag #PLAYSTEMS. Three lucky winners, hand-picked by house and techno legend Carl Cox, will be selected to win – the first, second and third place prizes are: (1) e-voucher worth $2000 toward gear via NI’s online shop,  (2) a TRAKTOR KONTROL S8 DJ system, and (3) a TRAKTOR KONTROL S4 DJ system.

 

Submissions are due by June 12, so make sure to get started quickly. Time to cook up some fire

For more information, please visit Native Instruments: www.native-instruments.com/1-year-of-stems

TRNTBL: The World’s First Wireless Vinyl Record Player Is Here

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The resurgence in popularity of vinyl records and turntables has been translating into the opportunity of advancing and creating new technology to enhance the use of this music medium.

VNYL is the perfect example of a company that has been tapping the booming record market with innovative ideas and products. The first of these was a record subscription service which sees users receive a personalized basket of records every month.

Next up, the company is moving onto hardware, by creating the world’s first wireless vinyl record player. TRNTBL will be able to stream music to speakers using Bluetooth or Airplay technology, on top of offering the streaming of uncompressed audio to Sonos’ entire line of premium audio products. Technology incorporated with TRNTABL will allow it to identify the music playing in real time with a live tune-in feature synched with Spotify.

 

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You can pre-order TRNTBL now for $351 before price increases $420. The wireless record player comes in either cream/gold or black/gold. For more information and to place a pre-order, visit their website directly.

 

Is SoundCloud Making Moves to Delete and Block All Uncleared DJ Mixes?

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Is SoundCloud slowly deleting all uncleared DJ mixes? It appears that may be the case.

According to Digital Music News, SoundCloud has made plans to delete all DJ mixes that haven’t been fully cleared yet, a move that is bound to affect a large portion of the files uploaded to the platform by its 185 million active users.

Users have now begun to notice massive amounts of DJ mixes disappearing from their playlists. Several high-profile users such as Morgan Page and L’Affaire Musicale have already had their entire accounts or uploads deleted, with SoundCloud making it clear that DJ mix or live sets contains popular tracks that belong to another artist will be deleted. If a music file is deleted, the user sees all the statistics racked up through that upload also disappear.

UPDATE: SoundCloud issued a statement today replying and denying that any measures have been taken to delete DJ sets off the platform. The statement reads:

“The story has no truth to it. At SoundCloud, we’re on a mission to create a place where all creativity can live. SoundCloud’s creator community, including DJs, is incredibly important to us.”

 

Source: Pulse

Richie Hawtin Finally Unveils PLAYdifferently’s Model 1 Mixer

Richie Hawtin, his father and Andy Riby-Jones before the unveiling of PLAYdifferently's Model 1. Photo courtesy of Richie Hawtin via Instagram

Richie Hawtin, his father and Andy Riby-Jones before the unveiling of PLAYdifferently’s Model 1. Photo courtesy of Richie Hawtin via Instagram

After years of work and months of promotion and road testing, Richie Hawtin has now fully unveiled the Model 1 mixer of his PLAYdifferently line. Previously, fans and DJ technology buffs had only seen partial pictures of the hardware that didn’t reveal much.

The mixer is now officially launched and available for pre-order on PLAYdifferently’s website for £2500 plus £50 flat rate shipping word wide. Orders will be shipping after June 30th. The official launch event will occur via live stream later today, courtesy of Boiler Room Berlin. Read more

Was Spotify Hacked? User Credentials Leaked Online

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A list of Spotify account credentials for hundreds of users was leaked to the website Pastebin in what seems to be either a security breach or a leak from the inside. These details include usernames, passwords, emails, and other account info – a number of users are reporting that their accounts were targeted as a result. Some cited changes to their music preferences, while others claimed they were unable to log in to their accounts as their passwords had somehow been changed.

As an anonymous victim reported In a statement to Tech Crunch, “I suspected my account had been hacked last week as I saw ‘recently played’ songs that I’d never listened to, so I changed my password and logged out of all devices.”

This would neither be the first nor the second breach that Spotify has encountered thus far, so we can’t be 100% sure whether the data come from a new breach or was previously acquired and just leaked recently. Either way, it is definitely be possible that there are many more account credentials that may be leaked in the future.

Asked about the incident, a spokesman denied allegations that Spotify was attacked :

“Spotify has not been hacked and our user records are secure. We monitor Pastebin and other sites regularly. When we find Spotify credentials, we first verify that they are authentic, and if they are, we immediately notify affected users to change their passwords.”

The page with the leaked information is dated April 23, although statements from many affected users indicate that the issues began last week. Some also said they received emails on Sunday, telling them that their passwords had been changed. As another user explained, “I was definitely hacked and later tried googling ‘Spotify hack news’ last night to no avail… I noticed it last night when I opened Spotify on my phone and saw someone was using my account somewhere else.”

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In order to protect the victims, we must refrain from posting a link to the Pastebin page to protect the victims (as many other sources have done). However, we will post a screenshot with all personal data censored out. Please remain on high alert if you notice that your account has been suspiciously accessed, especially if you’ve linked Spotify with your social media pages or you use the same password to log in to other websites. Several users have even reported suspicious activity on their Skype, Facebook, Uber, and even bank accounts. Even if your account was not tampered with, we highly recommend that you change your password immediately – better safe than sorry!

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“Dance Tonight” Event App Aims to Revolutionize the Electronic Music World

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Dance Tonight – a new event-driven app – has now launched in key US and European markets. Aimed to provide fans with the most up-to-date and comprehensive guide to electronic music events in their area, Dance Tonight focuses on Underground, Indie Electronic and EDM with one simple user-friendly interface.

By integrating monthly top events from sources that include Dancing Astronaut, XLR8R, TRAX, Deep House Amsterdam, ROLLINGTUFF and Gotta Dance Dirty, Dance Tonight provides users with the ability to search events by location and date, buy tickets as well as bookmark their favorite artists and venues to be alerted of new shows as soon as they are announced. The app goes one step further, adding a social function that allows fans with similar interests to interact via direct messaging or city-wide after-party chats.

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The app, which is available for download for both iOS and Google Play Store, is live in Los Angeles, New York, Miami, San Francisco, Las Vegas, Amsterdam, London, Paris, Berlin and Barcelona. Further cities will be added in the coming months as the platform rolls out with its expansion plans.

When introducing the ideas behind this new platform, Ryan Botwinick, President of Dance Tonight, explained, “We set out to create the most convenient way for our music community to plan their night out. I am very proud of our team and excited to announce that Dance Tonight App does just that. For the first time, a user can get all the information they need in a single place. The app helps promote the Dance Music scene as a whole as it drives ticket sales to multiple platforms, encourages communication between fans and brings together some of the most influential music media outlets as partner curators for the app. No matter what style of Dance Music you like, this app was created for you.”

Check out a video teaser below for an idea of what to expect from the app!

Connect with Dance Tonight for updates: Online | FacebookInstagram

 

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Melbourne’s Vintage Synth “Workshop” Opens

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Vintage synth and gear enthusiasts will be especially delighted to hear Robin Fox, one of Australia’s leading experimental producers, has just opened a new business: a Melbourne-based vintage synth “workshop,” geared towards gear veterans and newbies alike. Operated by Fox and Byron Scullin, the Melbourne Electronic Sound Studio (M.E.S.S.) is a non-profit group offering annual memberships ($220) that allow users to book hours at a time to use any of the gear.

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 As Scullin explained to Broadsheet, “We want it to be like a museum, but one where you can use and touch everything… And also like a gym – come down and work out on a synth.” The M.E.S.S. collection features everything from classic synths and drum machines to outboard analog effects units from top brands like Roland, Yamaha, and Korg, alongside more obscure equipment such as the Chamberlin Rhythmate and the more recent modular systems made by Make Noise.

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For just $44, members can book four-hour timeslots, with up to 16 people participating in the session – users can even record what they play and take home the recordings. The full M.E.S.S. arsenal is so massive that they only have space to display about a third of the gear, which will be rotated every 22 weeks. Unfortunately, only the first 500 memberships will be processed, but Scullin and Fox have stated that at some point in the future, they would like to have school groups and touring artists come to visit. For more information, visit the official M.E.S.S. website.

Apple, Dubset Partner Up To License Streaming Mixes

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As the world of streaming becomes increasingly competitive, largely due to market saturation and legal action on behalf of artists and labels, each company is looking for a leg-up to bring in paid subscribers. It seems as if Apple Music will be taking the metaphorical cake for the time being; the company has just entered into a partnership with Dubset Media Holdings, which will allow Apple to stream unlicensed DJ mixes and bootleg remixes. Launched in 2015, Dubset has developed and refined their MixBank technology,which analyzes tracks and mixes to identify the samples and songs used, for the purpose of distributing royalties to the (often multiple) copyright owners. MixBank also allows copyright holders to blacklist certain tracks or set limits on how often they can be used.

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“You’re talking about hundreds of millions of dollars,” Dubset CEO Stephen White explained in a statement via International Business Times. “This is a huge day not only for the music industry, but also for DJs across the globe. We’re very, very proud to be able to support that community.” This is a big day for DJs and producers alike – the former can have their mixes heard without fear of takedowns or legal action, and the latter can finally be compensated for their works that have always been sampled left and right.