true IMS Industry Insider | Welcome
08 Aug 2023
Business
  • Deezer’s half-year financial results show a major decline everywhere but in its home territory of France. (DMN) Its ARPU rose by 14.9% mainly due to the improved geographical mix of its partnerships. 
  • Believe generated €415.4m in H1 2023, representing growth of 17.9% YoY. Discounting acquisitions made this year, revenue grew 17.5% YoY. (MBW)
  • Reservoir Media generated $31.8m in Q2, up 31% year on year including acquisitions and 21% YoY “organically”. (DMN)  
News and Features
  • DJ Mag's Best of North America awards 2023 winners announced.  
  • The City of Amsterdam pledges €2.2m to new measures to boost night culture. (DJMag) 
  • Games publisher Amanotes announced a global partnership with Reactional Music, which will allow Amanotes to "pioneer realtime music personalisation and in-game music purchase for gamers". (RotD) 
Digital
  • Twitter/X has assumed control over the @Music handle. (DMN) 
  • Amazon Music has announced a new merch integration with global concert-discovery platform Bandsintown.  (MBW) 
  • Spotify has expanded its personalised AI guide DJ to now be available in 50 markets around the world. (Spotify) 
  • TikTok has launched a “global music competition” for unsigned acts. (TikTok) The rules emphasise that all Submissions will “become the property of” TikTok, which is developing a music-creation AI.  
  • Moises.ai, a music AI company with B2B and musician-facing applications, announced the launch of two new features that allow artists, labels, and entertainment professionals to create and detect end-to-end AI-generated voice synthesis. (RotD) 
  • UK-based ticketing platform DICE laid off at least 30 members of staff across creative and marketing during a recent round of redundancies. (RA) 
  • Electronic music-oriented online music store Beatport is raisng its prices for the first time since its launch in 2005. (Beatport) In the UK, general catalogue will be £1.14, new releases £1.30, exclusives £1.86 and lossless fees 75p. 
Web3
  • Dequency has expanded its blockchain-based music licensing marketplace to cater for more digital media types. (RotD)  
  • Monthly NFT sales fell for fifth consecutive month to $495m in July, down 23% from June. (TechCrunch) The figure was the lowest level since April 2021, before the boom begun. However, transaction levels have remained high. 
  • Four ways the metaverse and Web3 will transform music. (Forbes) 
  • Meta has announced a new tool that can generate high-quality, realistic audio from text prompts. (TechCrunch) AudioCraft, the code for which is available in open source, provides a collection of sound and music generators plus compression algorithms that can be used to create and encode songs and audio without having to switch between different codebases. 
Live
  • Homobloc has announced the full line-up for its 2023 edition ahead of the festival’s return to Depot Mayfield on 4 November. (DJMag) 
  • Amsterdam Dance Event announces speakers for 2023, including DVS1, Darude and more. (Mixmag) 
Comment, Opinion and Analysis
  • Music streaming services are on the cusp of major structural change. (GoldmanSachs) 
  • Super fans may not be super enough. (Midia) 
Tech
  • How Serato plans to sustain its beat after AlphaTheta’s acquisition. (DJTechTools) 
  • PLX-CRSS12: Pioneer DJ finally made a hybrid turntable + motorized DVS controller (DJTechTools) 
Beatport
  • Playlist of the Week: Baby T (Beatportal)
  • Plugin Boutique are offering iZotope Neutorn 4 Elements or Excite Audio Lifeline Console Lite free with any purchase during August. (PluginBoutique)
  • Label of the Month: Garage Shared (Beatportal)
  • Nine of the Best AI-Focused Plugins on Plugin Boutique (PluginBoutique)
  • Beatport DJ is your ideal source for music digging (Beatport)
  • Eliza Rose and The Martinez Brothers unite on “Pleasure Peak” (Beatportal)
Clubs
  • Ibiza:
    Charlotte de Witte, Deborah De Luca, Jamie Jones, and more are set to perform at Amnesia closing party on 15 October. (DJMag) 
    The Beat Hotel has announced a 5-day Ibiza residency. (RotD)
  • Amsterdam's CLUB RAUM to open in October. (RA) 
  • London club Werkhaus is closing next month. (RA) 
  • London collective DAYTIMERS will hold down a month-long residency at Brixton club Phonox this month.  (RA) 
Streams & Podcasts
Artist and Music Features
  • Selections: Wu-Lu (DJMag) 
  • The Sound Of: All Centre (DJMag) 
  • Joel Corry picks his favourite things to do on Ibiza. (IbizaSpotlight) 
  • Honest playlist: Sister Bliss (Guardian) 
  • Read a Q&A with Ed Gillett, author of new dance music book Party Lines. (RA) 
  • Parties, protest and police: the neglected histories of UK dance music. (Dazed) 
  • Why optimizing for followers on Spotify is a fundamental mistake. (Medium - Austin Staubus)  
  • EX.672 Dorian Electra (RA) 
  • How Area51 is changing the fabric of Vegas nightlife with the world's most immersive adult playground. (EDM) 
  • Conjuring a vibe with Anthony Naples. (DJMag) 
  • With superstar DJs drawing generations of party people to Pacha’s dance floor, the legendary Ibiza venue hasn’t missed a beat. (Telegraph) 
  • The demons of DJ Koze, summer anthem genius. (Guardian) 
  • Thomas Bangalter looks back on Daft Punk’s first-ever show, why they began wearing the helmets, and why they took them back off. (6Music) 
  • 8 of the best AI tools for music production. (Mixmag) 
  • Five ways AI has already changed the music industry. (Billboard) 
  • AI and the future of music distribution: A conversation with TuneCore CEO Andreea Gleeson. (Synchtank) 
Artist News
  • fabric had tapped Helena Hauff for the next instalment in its 'fabric presents' mix series. (DJMag) 
  • A church in Harlow that appeared on a Chemical Brothers album cover has been granted protected status. (Guardian) 
  • Danny Tenaglia has announced that he will be completing his Global Underground trilogy with a new compilation, ‘GU45: Brooklyn’ (Mixmag) 
  • Jaguar’s UTOPIA Talks podcast returns for third season featuring Helèna Star, Pretty Girl, and more. (DJMag) 
  • David Guetta has bought a $69m mansion in Miami. (EDMTunes) 
  • Reinier Zonneveld broke the Guinness World Record for the longest electronic music live set after playing 11 hours and 11 minutes at the Karren Maar Festival in the Netherlands. (EDM) 
  • Stevie B-Zet, trance producer and Sven Väth collaborator, has died aged 62. (RA) 
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About IMS

IMS: International Music Summit is a global educational and motivational thought-leadership platform dedicated to the continued development of electronic music primarily through the presentation of global summits for the industry. 

About Beatport

Beatport is the worldwide home of music for DJs, producers, and their fans. Founded in 2004, the Beatport family of companies includes Beatport, the preeminent store for electronic music DJs, Beatsource for the open-format DJ community, and Loopmasters, Loopcloud and Plugin Boutique for music producers. Follow us on Twitch, Facebook and Twitter, and Instagram.

About AFEM

AFEM: A global voice for electronic music; representing our culture and commerce. AFEM's membership spans all industry sectors, with over 250 company members across 25 countries, the organisation connects its worldwide membership to develop opportunities and enable change.

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Record of the Day has produced a subscription-based daily publication for the music industry for over 21 years, featuring all the best news and comment, along with an editorially-chosen future hit. Sign up for a free trial here.
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