Fast Company chooses 10 companies that are changing the face of the music industry. They are: Neon16 - a talent incubator and music label for Latin music, BeatStars - an online marketplace for producers to sell their beats to artists, Royalty Exchange - a marketplace allowing artists who are earning royalties to sell them to investors during online auctions, Audiomack - a music streaming and discovering platform aiming at Africa, Stem - a music distribution platform making it easier to artists, as well as Verzuz, Parkwood Entertainment, Harmonix, Bandcamp, and Dolby.

On Monday SoundCloud announced they will be setting up a free upload limit to 15 tracks. On Thursday they abandoned the idea. But the damage was done. Twitter pushed its “decentralized and open-source” streaming service Audius (free, unlimited upload) in the meantime, and another competing service Audiomack started s new ad campaign - "always free, […]