Pandora to Acquire Next Big Sound!
Weâre thrilled to announce that Next Big Sound will be joining Pandora.Â
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@nextbigsound-blog
Pandora to Acquire Next Big Sound!
Weâre thrilled to announce that Next Big Sound will be joining Pandora.Â
This Week in Music & More
Another week has flown by, and the weekend is upon us! Here are a few links for you to contemplate before you are released into the wild.
This Week in Music & More
Ladies and gentlemen, sirs and madams, dukes and duchesses, hackers and hackesses. Â
Certified Gold, Though Fetty Wap Has More To Offer Than "Trap Queen"
It was about a year ago when a young rapper from Paterson, N.J. uploaded a track to SoundCloud that would start a chain-reaction online.
This Week in Music and More
Morninâ meeps and moops.
Another faaaahbulous Friday is upon us, and hereâs what you need to know.
Apple Collaboration, SXSW Success, And Why We Have Our Eye On Elliphant
If you were watching the Grammy broadcast earlier this year, that may very well have been the first time you ever laid eyes on Elliphant.
This Week in Music and More
ÂĄHola todos!
Seeking a Fresh Format, YouTubeâs Music Awards Put Artists Front And Center
Two years ago, YouTube hosted their inaugural Music Awards Show. The event, live-streamed from a New York warehouse, was intended to celebrate the many musicians that have leveraged the platform to reach fans and build a loyal audience over the years. The video quality and response was mixed. So this year YouTube changed it up.
On March 2nd, Youtube announced the 50 award winners, chosen for their impact on the platform and massive growth in subscribers, video views, and audience engagement. On Monday, 13 music videos featuring a selection of the honored artists and performers, went live on the award show website. As the introductory video (which has already been watched more than 3 million times) states, this is an award show that you can "enjoy whenever, and however you want." And there are big names involved. Martin Garrix, Kygo, Charli XCX, and Lindsey Stirling are among the artists premiering music videos with the platform this week.
The show was "sort of" hosted by YouTube personality Tyler Oakley (Oakley has more than 6.6 million channel subscribers, and is known for breaking artists like Betty Who by endorsing her on his show), in a string of backstage commentary videos.
The format is definitely a different experience than your traditional award show. A video playlist that includes the official music videos, Oakley's introductions, and behind the scenes footage from several artists is provided, making it easy to follow, but it would not be surprising if viewers dropped off. However, each of the music videos has already racked up at least a few hundred thousand views.
Some are more popular than others, Martin Garrix feat. Usher, with the track "Don't Look Down," has close to a million views in total, compared to some of the lesser known artists like Shamir, whose video for "Call It Off" is on the lower end of the spectrum at only 200,000+ (still, that is close to 2x the number of views in one day, than Shamir saw for his all-time most popular YouTube video "On The Regular" in the past month).
Up-and-comer Shamir saw close to 2x the number of views for the YouTube Music Award video in one day, than he saw for âOn The Regularâ in the past month.Â
You have to give it to YouTube â the clear focus on the music itself is refreshing. They haven't skimped on quality and cost. The videos are well-produced, promote the artist and their work more than the platform itself, and the entire format is an innovative approach to a tired tradition.
YouTube made the news last week as well. Previewing their new artist data tool during SXSW, the video platform is putting a lot of emphasis on supporting artists. The strategy is clever: YouTube reaps the positive publicity from making moves that are beneficial to artists.
This article originally appeared on Forbes.com. Liv Buli is the resident data journalist for music analytics company Next Big Sound. She takes a data-driven perspective to covering the ins and outs of the music industry. Buli is a graduate of New York University's Arthur L. Carter Journalism Institute and her work has appeared in Newsweek Daily Beast, Forbes, Billboard, Hypebot and more.
This Week in Music and More
Oh hello.
Hot Off U.S. Album Debut, Sheppard Are Itching To Break Through
Sheppard are more than just a band. They are a family.
Why You Should Be Paying Attention To James Bay
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Coast to Coast: Win The Chance To Perform
Next Big Sound is teaming up with Eventbrite and media company The Wild Honey Pie to give two individual artists or bands the opportunity to get their music heard â and heard by the right people.Â
Why Engagement Might Be The Most Important Metric For Artists
But often overlooked in this dismissal of the validity of social activity is the fact that building a significant social following is fairly pointless for an artist unless they successfully leverage that following at critical moments. To reach fans with a new lyric video, to spread the word about a tour, to gauge interest in an upcoming album release â ultimately to interact with fans and get instant feedback on what you are creating.
While a vast social following can be a valuable tool, only legitimate and loyal followers that engage with the content you provide through social channels, and ultimately your work, provide you with the reach and engagement you are seeking as an artist. For this very reason, it is important to look beyond totals, and start to measure the relationship between daily activity and the number of fans you have â a measure of engagement.
Artist manager Robbie Lackritz has been working with Leslie Feist â known only as Feist â for close to a decade, and has a strong sense of how to build valuable engagement with fans. Feist, who is a Canadian singer-songwriter with more than four solo studio albums under her belt as well as countless collaborations with other artists and bands, has maintained a successful career as an artist for many years now.
Her most commercially successful album came in 2007. The Reminder (the making of which is chronicled in her 2010 documentary Look At What The Light Did Now) earned her four nominations for Grammy awards in 2010, including Best New Artist. About her latest album Metals and their release strategy, Lackritz says âit was a lot more about finding a more engaged core of followers.â
With just shy of a million page likes on Facebook, 127,000 followers on Twitter and more than 20 million video views on Vevo, Feist is classified as a Mainstream musician. But for the artist and her management team, building the largest online following, and simply hocking social content for attention, has never been the goal.
While they see the value in cultivating a social following, and Lackritz regularly employs analytics to understand how fans are reacting online, the artist posts fairly infrequently online. Her Instagram account totals only 15 snaps and two videos, she rarely puts out more than one piece of content per week on Facebook, and her last tweet was in November.
For each individual post Feist has in her Facebook feed, there are hundreds, if not thousands of interactions from followers. But given that she is nearing the end of her current album cycle, and the relative infrequency of social activity, her audience engagement is defined as Moderate.
Next Big Sound identifies four levels of engagement: Occasional, Moderate, Strong, and Passionate. Audience engagement is defined by the relationship between daily activity and the overall size of an artistâs following, and then performance is measured against that of every artist in the database. Artists that are defined as Moderate, such as Feist, range from the 16th to the 84th percentile.
Engagement is not contingent on having a massive following. For instance, Taylor Swiftâs audience engagement is also defined as Moderate, despite the fact that she has more than 77 million Facebook page likes, close to 50 million Twitter followers, and has just released her latest album to great fanfare. This measure is valuable for artists at any stage, to help them understand how they are reaching fans, and what content is reacting.
But be weary of engagement for the sake of engagement. âIf weâre posting photos of cute cats, people are going to engage,â he says, âBut when it comes down to the marketing of Feist, and what we put on her pages and why, we really try to center around where her head is at, and what she is working on.â The fans who follow and interact with Feist on social, attend her shows, enjoy the art of her album, and will help her sustain a career for many years to come.
âHer types of social media campaigns are far less active in volume of posts, but try to be much more curatorial about content,â Lackritz explains. âThat lends itself to the type of career that she aspires to have â which is not about being the most gigantic artist on the face of the earth, but about having fans that really appreciate the deep cuts on the record, as much as they do the songs that radio might consider playing.â
âAs nice as it is to have these social mediums of marketing to be able to engage people,â Lackritz says, âDonât compromise the end result of why you do what you do, and whatâs special about what you do.â
This article originally appeared on Forbes.com. Liv Buli is the resident data journalist for music analytics company Next Big Sound. She takes a data-driven perspective to covering the ins and outs of the music industry. Buli is a graduate of New York University's Arthur L. Carter Journalism Institute and her work has appeared in Newsweek Daily Beast, Forbes, Billboard, Hypebot and more.
Extra! Extra! Announcing Our Redesigned Profile Page
Less Complexity
The biggest change you might notice? Weâve dramatically simplified the design of the Profile page to deliver you the right information, right away. Weâve eliminated unused features while increasing the power of your favorite tools. Much more data is immediately available and exposed for easy comparison, rather than hidden behind multiple dropdown menus and labyrinthine tabs. This is perhaps our proudest improvement to the Profile page: simplification.
Real Data Science
At the top of every Profile page, youâll discover four new data insights: Metric Trends, Overall Audience Reach, Overall Audience Engagement, and Artist Stages. These valuable new measures, based on extensive user research, use our unique, preeminent perspective to provide critical context to each and every profile we track.
With Metric Trends, you can quickly judge whether this weekâs numbers are on target or spiking, then dive deeper into the profile to investigate. Metric Trends compares the past week of change across all metrics associated with a profile (from Page Likes to pageviews) to performance over the past 180 days. For example, a week after the release of the movie adaptation of Gone Girl, author Gillian Flynnâs metrics went viral, with a median increase of 537%.
Two new insights serve to measure a profileâs social strength relative to all the profiles in our database: Overall Audience Reach and Overall Audience Engagement. Overall Audience Reach measures the size of a profileâs fanbase on various social networks, compares these values to values for all the profiles we follow, then provides a percentile ranking (from a low of 0 to a high of 100) for the profile youâre reviewing. Overall Audience Engagement functions similarly, though it analyzes the ratio of social interactions to total social following. For example, although this summerâs star, Ariana Grande, lands at the 100th percentile for Audience Reach (earning her Enormous reach), her Audience Engagement ranks at the 71st percentile, a Moderate level of engagement.
Data Science isnât limited to these measurements, however. Weâre providing percentile ranks for nearly every metric in the Reach and Engagement tables. These numbers mirror the figures available in Ranks on the old profile and provide immediate, meaningful perspective on the performance of metrics.
Finally, Artist Stages are now available on all musician profiles. Through our extensive research on the digital arc of all artists, weâve identified five stages that artists move through on their way to dominating the airwaves. This framework for the size of an artistâs social following at any given stage of their career provides context around social data and traditional criteria for success. For a more detailed explanation on how artist stages work, check out this article.
More Content Data
Weâve heard loud and clear that content is the focus for band managers and book editors alike: that latest release, that new sound, is whatâs foremost on your mind. On our new Profile page, weâre automatically pulling activity for the last three releases across multiple metrics. Recent Releases are automatically timeshifted from their release dates to enable easy, relevant comparisons and to ascertain whether that latest release is performing better than previous releases.
One-to-one Profile Comparisons
Weâre also very excited to share a new feature: in-page, one-to-one Profile comparisons. Simply use the comparison search to find another profile youâd like to compare â metrics for the other profile will appear side-by-side to provide that critical context, across Recent Content, Reach, Engagement, Audience, and Content measures. Itâs great for those moments when you need to know, right this second, whether Katy Perry has more Twitter Followers than you. (She does. 61 million of them.)
Even More
We could go on and on! Weâve split metrics into Sales, Reach, and Engagement tables to ease comparisons between similar metrics. We have a whole host of new options for looking at data in time, whether from last week or last year. Now, you can compare profile demographics across multiple metrics, as well as see top countries and cities together. Weâre very proud of our new Profile page and thereâs so much more to share â why not search for a profile and explore for yourself!
Increased Access; Added Intelligence
How does this affect you?
Registered users: Free access to all profiles
⢠Any currently registered users â you now have complete and total access to all profiles. Search for anything and explore all our public data, for any profile, for free.
Artist credit users: Access to all profiles and Graphs
⢠If youâre currently paying for monthly artist credits, congratulations! As a thank you for your valued patronage, weâre giving you access to Graphs, our core data exploration tool. ⢠We will continue to charge your credit card at the same rate that youâre currently paying. ⢠If youâre unhappy, youâre welcome to cancel your account and enjoy the free access that everyone else now enjoys.
Enterprise users: Access to all profiles and all reports
⢠If youâre an enterprise user, youâll notice no changes. Youâll continue to enjoy access to exclusive products, custom data integrations, and great client service.
This is a big change for us. In the past five years, weâve changed the way the music industry does business, from independent musicians to the major labels. We believe we can make an even greater impact on all creative industries by making more of our data, and more of our tools, free and publicly available. We want to bring more value to more users, in the music and publishing industries alike.
Our mission is simple â we make data useful for everyone. For our enterprise partners, we offer advanced data analysis and reporting tools, custom reporting, and private-data ingestion.
Weâre really excited about this new chapter for Next Big Sound. We want to make the best music analytics tool available to as many people as we can. Weâre here to empower everyone, from the undiscovered artists to the major labels, to bring intelligence to their intuition. Please send feedback to this email address: [email protected]
Welcome to the Laboratory
Today weâre excited to launch Next Big Sound Labs. Between the experimental and the final, youâll find labs â prototypes of new features, research, and ideas weâre toying with at Next Big Sound.
Measuring The Impact Of Brand And Band Partnerships
Once considered âselling out,â these partnerships are not only increasing in quantity, but also in quality. Artists, their management teams, and the brands they are working with, are more frequently creating clever, original content that goes beyond the traditional endorsement, and leveraging a more connected audience to spread the word. From exclusive tracks as the new cereal box prize, to tweet-driven odes to pretzel buns, to using a brand platform to help market an album release, artists and brands are proving that there is more than one way to work together.
And there are benefits to this beyond cashing a check for the financial compensation that is negotiated as part of a contract. While partnering with a brand can provide a source of cash flow that labels are unable to provide, artists are also supplied with a platform to reach an even broader audience than their core fan base. And in return, brands build a strong association with the artists, more engaged customers, and cultural relevance.
In âBands and Brands: The Value Exchangeâ Next Big Sound teams up with global music agency FRUKT to take a deeper look at how these partnerships have evolved. The report highlights the implicit additional value for both parties, from increased exposure, to sonic brand recall. It attempts to quantify the impact on social, streaming and sales across campaigns. Looking at them in aggregate allows us to measure the typical impact, such as a 10% increase in Wikipedia page views for artists the week after a partnership is announced, or a 40% lift in YouTube video views for brands.
In addition this impact can be quantified as earned media value, where the value of social activity is equivalent to the cost of purchasing a similar number of social impressions. For instance, after partnering with Doritos during last yearâs edition of SXSW, Lady Gaga saw more than $1.2 million dollars in earned media value on Twitter. This type of context helps set valid expectations, where expectations have not been set before.
The report also explores which brand verticals are the most likely areas for artist collaboration, as opposed to what type of brands artists and managers say they want to work with. For instance, according to an artist manager survey conducted as part of the report, while 90% of artists and managers desire to work with a technology brand, only about 45% have done so in the past.
The report is a first step toward building a new valuation model for assessing opportunity, fit, and success, as the collaborative culture of music brand partnerships is established as a core component of the industry.
Photo Credit: Wikipedia
This article originally appeared on Forbes.com. Liv Buli is the resident data journalist for music analytics company Next Big Sound. She takes a data-driven perspective to covering the ins and outs of the music industry. Buli is a graduate of New York University's Arthur L. Carter Journalism Institute and her work has appeared in Newsweek Daily Beast, Forbes, Billboard, Hypebot and more.