Vevo seek half a billion dollars for upcoming subscription service

Vevo are reportedly looking for a giant $500 million in funding as they prepare to launch their own subscription service.

A report by the Financial Times reveals that Vevo have brought on Goldman Sachs to help them find $500 million in funding. Vevo are presumably looking to find money to help launch their upcoming, long awaited subscription service.

The music video service announced plans to add a subscription tier to their video platform in February but have since revealed little more like; when exactly is it released? how much will it cost? what are the benefits over it’s free offerings? Although remaining mostly tight lipped a job opening at Vevo suggested we could see long-form, original programmes.

According to the reports on Vevo’s new search for $500 million they also hope to expand internationally using the money. Vevo are currently in a better position than ever as they recently signed Warner Music on music video distribution. Warner were the only 1 of the 3 major labels that didn’t come together to start Vevo 7 years ago, now all 3 major labels distribute music videos through Vevo.

Vevo follow other free services like YouTube, the world’s biggest video hosting site, which introduced their first subscription service YouTube Red last year. Open music streaming platform SoundCloud also launched their first subscription offering earlier this year with SoundCloud Go.

With the world’s 3 largest music labels behind them you’d think Vevo wouldn’t have trouble funding themselves but perhaps their ambitions go further than their parent companies’ reach. Whilst Vevo look to receive half a billion dollars in funding we’ll continue waiting to see what we get with their subscription service.

Scratch records on the road with Numark’s new portable turntable

Who says busking is just for guitarists and singers? Take your DJing skills on the road with Numark’s PT01 Scratch portable turntable.

Renowned DJ deck and tech creators, Numark, have come out with their latest device, a battery powered turntable. With a name like PT01 Scratch you can probably assume that it’s not meant for taking your favourite Zeppelin vinyls on a road trip, rather it’s for DJ’s to cut and scratch their heart out with no limit to where they can go.

The PT01 Scratch has been designed for easy portability so as you can imagine, there’s only the one deck. So how will you play a background beat to scratch over? As if Numark didn’t think of that – Numark have a 1/8″ stereo input on the PT01 Scratch so you can connect your phone, laptop, etc. and play accompanying beats.

DJ Numark scratch scratching vinyl records decks dj producer

The PT01 Scratch has a built-in speaker so you’re never at a loss but it’s at it’s best when outputted to a speaker or other equipment through the RCA stereo outputs. You can also output it via a headphone jack to smaller speakers or to your headphones if you want a private mixing sesh.

Numark have included an ‘Adjustable Scratch Switch™’ that makes scratching your records like spreading butter. It’s also adjustable so that left-handed and right-handed people can easily switch to suit their scratching style. Plus Numark claim that their scratch and slide switch performs longer than ordinary sliders and is also easily replaceable.

If you really like what you’re scratching you can connect the turntable to a computer with USB and record it with free software. You can also record vinyl normally if you want a digital copy of your favourite records. Finally the PT01 Scratch runs from an AC outlet as well as batteries, so you won’t be burning through batteries just to quickly scratch at home.

Full list of features:

  • Built-in adjustable Scratch Slide Switch
  • User-replaceable scratch slide-switch keeps the action going
  • Protective dust cover and integrated carrying handle
  • Wall-powered with included AC adapter or six batteries (not included)
  • Built-in speaker
  • Cartridge included
  • Removable slip-mat
  • Class-compliant USB connection for PC recording
  • 33 1/3, 45 and 78 RPM settings
  • RCA line and headphone outputs
  • 1.8″ Aux input with adjustable volume
Numark’s PT01 Scratch is expected to be made available this October with a price tag of £109.99.

Roland to reveal 30+ new instruments during “online music festival”

To celebrate #909day Roland are hosting a one-of-it’s-kind online music festival featuring performances, reveals, new tech, interviews, and more.

Roland have revealed details of “The Future. Redefined.” a 24-hour online music festival, and it looks set to be epic. It will take place on the 9th of September, to celebrate their classic TR-909 drum machine, and will be hosted across the globe in Tokyo, Berlin, Brussels, Paris, Toronto, NYC, Los Angeles, and even more.

Roland claim that they will reveal over 30 new products and services during the 24 hour “festival”, including synthesizers, electronic pianos, V-Drums, DJ rigs, guitar accessories from BOSS, and the mysterious “new categories”. You can get a sneak peek of what might be in store by looking at the pictures for each category in the timetable, where you can also plan which parts of the day you want to watch in your timezone.

Roland’s 24-hour “must-watch” online music festival fuses liveliness and diversity with artist performances, new product debuts, and interviews, spanning multiple time zones from major cities around the world.
What does the future of musical instruments sound like? Don’t miss it.

Though the event is mostly focussed on all of Roland’s new products the day will also be a remembrance of Roland’s massively influential Roland TR-909 drum machine. As such the part of the festival dedicated to electronic music and instruments will be dedicated to the TR-909, as well as the date being : 09/09/16.

For 33 years the TR-909 has been one of the most definitive sounds in electronic music, and the beating heart of DJ culture. Join us as we celebrate 33 years of the “909” with the release of many new and inspiring electronic instruments.

It’s not an event to be missed with a massive lineup of new instruments and products from Roland’s “new generation of electronic instruments”. The festival will also feature various performances and lectures from world class artists and musicians.

‘The Future. Redefined.’ starts at 4:00UTC on September 9th, with the streamed action then moving to cities including Tokyo, Paris, New York and Los Angeles, as new Roland products are revealed in each location.

More information and the live stream can be found here:

All 3 major record labels join up for Spotify talent show

As music streaming takes over the world it was just a matter of time before music-based talent shows found a way into the streaming arena.

All 3 major labels, Universal, Sony, and Warner, have teamed up for a new X-Factor type contest that uses music streaming to pick the winners. The contest, simply called ‘The Stream’, is a collaborative effort between the labels and Norwegian program rights company Nordic World.

The online-based competition cites the success of artist like Justin Bieber, Adele, and Kygo as examples of how you can be discovered online and go on to worldwide success. They describe The Stream as:

The Stream gives ordinary people and new talent a chance to be discovered and chosen in the exact same way – through the Internet and social media. The world’s leading record companies Universal, Sony, and Warner Music, together with Spotify – are all working together on The Stream to find the next big artist.

To be chosen undiscovered talent uploads a video of themselves performing to The Stream’s website where it can be viewed publicly. Once the video is uploaded people can view, stream and share the video to gain it attention. After the online “auditions” are closed the 100 most streamed artists will be invited to a showcase.

At the showcase acts will perform in front of reps for the 3 record labels. Warner, Sony and Universal’s reps then choose 40 artists to keep back and work closely with. At the end of the week each label will choose their 3 favourite artists who will be signed to the record company.

Once signed to a label the acts will all compete in a weekly live show. Their music will also be on Spotify at this point, where viewers and fans can stream their favourite acts. This is where Spotify comes in as the least streamed artist that week faces the risk of eviction from the competition.

It’s up to the audience which artists stay in the competition, and which ones have to leave, based on the number of streams as well as traditional voting during the live shows. The winner of The Stream is the most streamed artist – discovered and chosen by the public. In a new era that demands new stars, The Stream takes talent shows to the next level and speaks the language of our generation.

The Stream is open to all talents, whether you’re a band, solo singer, electronic producer and anything in-between. The aim of the competition is to find the next musical star, but without a particular act in mind.

Keep an eye out for when The Stream launches.

SoundCloud now has over 135 million tracks and 1 million albums and stands as the biggest music streaming platform in the world

The biggest music and audio streaming platform in the world has revealed just how massive their library is following a year of new additions to SoundCloud.

SoundCloud have revealed that they now have over 1 million albums and 135 million tracks worldwide, hosted on their website. 2016 has been a giant year for the community-based music streaming platform, launching their first ever subscription service – SoundCloud Go earlier this year, new release types, artist stations and more.

With the news SoundCloud have released an infographic to show just how big their service is, with 175 million listeners every month, and a guide to music discovery on their mobile apps.

SoundCloud music streaming service platform open users