Altavoz Entertainment, Inc. (OTCPK:AVOZ) has filed its S1 with the SEC and we’re now in a Quiet Period. Which is defined by federal securities laws do not define the term “quiet period,” which is also referred to as the “waiting period.” However, a quiet period extends from the time a company files a registration statement with the SEC until SEC staff declare the registration statement “effective.” During that period, the federal securities laws limit what information a company and related parties can release to the public. The failure to comply with these restrictions generally is referred to as “gun-jumping.”
Just a heads up to anyone that’s been checking out Altavoz’s Distribution as a Service #DaaS pricing and considering it for their next release. Too late… New pricing is coming online May 12th #DaaS worked so well, that it’s now its own platform and already operational serving as a Distributors Distributor.
It has been widely known that the US music industry has been suffering for the past decade or so at the hands of illegal downloading and streaming services. But this past year, the turn tables have spun back towards the music producers. The Recording Industry Association of America (RIAA) has announced its official sales figures for 2011, revealing a slight but notable increase. Overall, the industry brought in $7.01 billion last year —the first gain for the industry since 2004.
Digital sales made up 50% of all shipments. Digital album downloads pushed past the 100 million-unit mark for the first time ever (1.09 million) and digital sales were up 25 percent at $1.1 billion. Music subscription services made a mark as well, as revenue increased 13 percent to a high of $241 million.
As digital and online services take over, CDs are continuing a descent into obscurity, following through on a consistent decline. CD sales dropped 4.8 percent in units shipped and 8.5 percent in dollar value from $3.9 billion down to $3.1 billion. Perhaps, in coming years, CDs will follow a path of another music medium once thought to be obsolete. Retro sensibilities made their mark on music sales in 2011 and LP shipments jumped 31.5 percent to 5.5 million units. Shipments of 45s doubled in dollar value to $4.6 million.
All of the RIAA’s data, reported by record labels, includes sales of digital and physical albums and singles, music videos and mobile platforms, including ringtones and ringbacks. For the first time ever, the RIAA report includes synchronization royalties (those paid to artists whose music is synchronized with other content, like movies, TV and video games).
According to the RIAA, 146,493 people are employed by 40,071 music community businesses across the country. Notable achievement for the music industry after years of decline.
As Altavoz is transitioning into a pubic company, ArtistsOwned.co there’s a bit of an embargo on news. As filings with the SEC State and oversight agencies are finalized updates will start to roll out.
We’d also encourage everyone to read about the Music Act and why it’s not a campaign issue in 2016 via BuyIndieSuportLocials.org
Random Hacks of Kindness DC Eventbrite:
12 tickets left
Please go to the full page for Back Catalog thanks MGMT.
Wanted to thank Lalita Clozel for her taking the time to learn about our multiple layers of distribution of which the School Music Deal is King and Libraries are the Queens of each USAMusicCity community.
School choirs have something many indie artists would die for: an adoring fan base — namely, their star-struck parents.
Seeking to cash in on that enthusiasm, Rockville-based indie music distributor Altavoz has launched a new deal just for schools.
In exchange for a fee, the company will get students’ music performances certified on iTunes, Amazon and YouTube.
“You need to have a community, and the larger your community the more successful your music is going to be,” said Altavoz CEO Nelson Jacobsen.
Jessamyn Sarmiento & Nelson Jacobsen nominated as finalist in InTheCapital #FifiyonFire competition in the Advocacy and Government category. “Needless to say surprised to be nominated along with 1500 others to make it down to 150 finalists is a real thrill and we owe it all to great staff and interns”. NRJ .
Read more on our blog.
We’ll post updates here and a link to schedule a meeting with Key Altavoz staff during the conference.
Currently we have an open call for interested parties in the Alt-payments and Crypo-currency to sit in on the panel