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Tag Archives: business

Instagram Debuts @Music, Provides Better Platform For Artists

Instagram has unveiled @music, the Facebook-owned company’s first-ever content vertical and dedicated portal for highlighting artists and their activities. “For the past four years, we have become the home for artists big and small — a place where people across the musical spectrum come to share stories, reveal their creativity and connect directly with fans,” Instagram founder and CEO Kevin Systrom wrote in a post on the company’s blog Wednesday morning (April 29). Facebook Engineering Director Departs for Music-Related Startup Music has long been an important driver of the 300 million users currently active on Instagram — more than 25 percent of the app’s top accounts are musicians, more »

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How Much Do EDM Artists Really Make?

And it’s better than it was five years ago. The amount that artists get paid from digital music and services like Spotify has been widely discussed for many years now. One of the most memorable instances was in 2010, when Information Is Beautiful (also responsible for a great book of infographics) published an infographic based on a post by The Cynical Musician that broke down just how many monthly streams a solo artist would need to make the US monthly minimum wage. The number – 4,053,110 – was depressing enough before taking into account how much music would have to be streamed for whole bands to make more »

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