Welcome to the latest Music & Audio Industry News Roundup! Every month, we’ll share the top music and audio news headlines, stories and more from our ever-changing industry.
This month we’ll take a look at music industry growth, converting fans into paying subscribers, congressional relief for independent venues, Rick Beato, and Native Instrument’s new Maschine+.
Despite Pandemic, Music Industry Sees Growth
Image credit: Haulix
Despite closures and cancellation of events, the music industry actually saw an increase of 5.6%. Welcome news for musicians who have been using this time to create and hope when events resume that audiences will still be engaged. (Read More)
How to Convert Fans Into Paying Subscribers
Image credit: Symphonic Blog
With music audiences even more engaged and streaming numbers continuing to climb, it’s time to think about how to monetize your streams. Symphonic Blog runs down a few helpful tips on how to think about converting music streams into paying subscriptions in a non-intrusive way. (Read More)
New House Coronavirus Relief Bill Includes $10B To Save Music Venues
Image credit: KPBS
Not long ago Hosa donated $5k with your help to NIVA in order to assist independent venues threatened by Coronavirus closures. The newest draft of the Heroes Act includes $10B in government aid to those venues. Although not passed yet, it is a promising step to have stages to play to when events return. (Read More)
Rick Beato is Everything Music
Rick Beato has had a long history in the music business as an artist and producer, but more recently became one of the top YouTube music personalities. Whether you want theory lessons, commentary on the state of the music industry, or watching him break down what makes classic songs so special, Rick offers a little bit of everything.
Native Instruments has released Maschine+
Image credit: Music Inc.
The new Maschine+, an entirely standalone system that embeds the iconic Maschine workflow into a powerful, flexible groove box that works without a computer. Musicians can plug in, power up and sketch beats easily, as well as develop fledgling ideas into performance-ready pieces with arranging and mixing tools – both with or without a computer. (Read more)
Thanks for reading our October Music & Audio Industry News Round-up. If you enjoyed this recap and would like to continue to receive news, audio how-tos and product announcements directly from Hosa, subscribe to our newsletter today.- Hosa