Category Archives for "Music Industry Roundup"

Music Industry News Roundup For The Week Of 4/21/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week ending on April 21st, 2017. Spotify was much in the news this week, but there were a lot of other significant news stories as well. Let’s get into it.

Is the end of the free streaming tier near? It might be coming soon, especially if the music industry has its way.

Now indie labels can window releases too. Universal Music got its way with holding back star releases for the paid tier only, but the indie association Merlin just signed a similar deal with Spotify.

You’re the real product when you consume free music. It’s really your data that Spotify and other streaming services want.

Spotify had $2 billion in revenue last year, but still lost a bunch. And that’s why investors want that IPO as soon as possible.

YouTube is making it hard to be an artist on the platform. It’s shifting algorithms are really hurting creators, especially the outspoken ones.

Universal may go back on its deal with the Prince estate. Apparently the company doesn’t feel like it’s getting its money’s worth.

The nature of the music business has changed. It used to be major versus indie, but now it’s “quick versus slow” according to this interview.

Facebook’s Instant Articles may end up being a flop. Publishers are pulling out, saying that they get a better rate of return with direct links to their sites.

Believe it or not, the “golden age” of UK radio is upon is. There are more listeners than ever before, proving that radio doesn’t have to be old and stogy like in the U.S.

LiveNation is partnering with Mercedes for a VIP ticketing program. I guess it’s smart to go where the money is, but this won’t make concert tickets go anywhere but up.

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 4/14/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week ending on April 14th, 2017. The news this week is varied, but interesting, with Spotify in the lead again. Let’s get into it.

Recording artists are lobbying Capitol Hill to get paid for radio airplay. This has been an ongoing struggle for a couple of decades but the NAB always wins. It might not be so easy this time.

3 Rights societies collaborate for better royalty collection. ASCAP, France’s SACEM and the U.K.’s PRS are hoping that the blockchain technology from IBM will help with better and faster worldwide collections. Blockchain has been offered as a solution by a wide array of tech startups, but having the muscle of an IBM could actually give it a chance.

Google has to change how it presents music in order to prosper. There are two destinations with Google Play and YouTube music, and that’s one too many.

Spotify might take a different route to going public. It might list its shares directly without raising any money, which gives its investors an easier way to cash out.

Jay-Z pulled his music off of Spotify and Apple Music. Then he brought it back to Apple Music. Curious, but too little too late, unfortunately. This won’t help either Jay-Z or Tidal.

Amazon is actually the world’s biggest streaming service. That’s based on the number of Prime members it has, who automatically get access. This doesn’t mean they’re actually using the service though.

Another plagiarism lawsuit catches Ed Sheeran this time. And it cost him $20 million and co-writes.

DailyMotion relaunches to try to take on YouTube. But it’s going to have a lot less user content, so it really isn’t challenging YouTube much.

Spotify is better than broadcast music radio. Well, duh. Especially with long blocks of commercials these days, radio is becoming unlistenable.

A guild for music supervisors has launched. It’s only for the UK and Europe, but can the US be far behind?

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 4/7/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week ending on April 7th, 2017. It’s been another big week in the world of streaming, but there’s other news as well. Let’s get into it.

Streaming is now making more money than downloads ever did. And Steve Jobs said it would never happen. Some good charts and comparisons here, but it just goes to show how much the music business has changed in 10 years.

The music business is still unsure about it though. That’s basically because it’s still run by execs that may be a little too “old school” for their own good.

But streaming may be overtaken by artificial intelligence. Don’t bet on it being soon however.

There are 4 ways it could happen. And the article is probably right – it’s just the timing that we don’t know about.

The UMG/Spotify deal is a bigger deal than you think. Mark Mulligan outlines why this is really a big deal for both parties other than what’s been publicized. He says it ushers in a new era of licensing agreements.

The windowing part of the deal is bogus. Bob Lefsetz makes a great point that it will only alienate users, and he has a point.

Pandora is losing audience. Fewer visits and less time spent is a bad sign as it loses users to Spotify.

Spotify may be looking to become a label. But despite what this article says it can’t go into competition with the major labels yet.

You can’t trust Facebook’s numbers. It seems to fudge things by 10 to 15%. But advertisers (the lifeblood of the service) are catching on.

And Beats 1 is not the biggest radio station in the world. Apple fudges the facts as well.

YouTube is changing its advertising and everyone is making less money. Advertisers aren’t happy and content creators big and small are besides themselves. Mark my words, we have now passed “Peak YouTube.”

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 3/31/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week ending on March 31st, 2017. There is less news about streaming than in past weeks, but there’s still lot of very interesting items nonetheless. Let’s get into it.

New music is cool, but it’s old music that sells. The weekly Top 50 is only worth less than 4% of the total music revenue pie, and gets most of the audio and video streams.

Warner Records just launched a vinyl-only label. The difference is that all the releases are selected by fans.

Whatever happened to Generation X? They joined the ranks of the Baby Boomers, that’s what. Interesting story of the transition here.

We’ve said it before, Pandora is in trouble. The problem is that the major labels aren’t too thrilled with the prospect as they might have been before.

5 ways Spotify is gaining leverage over the major labels. It needs all the leverage it can get because it still also needs those new label licensing deals.

Can Snapchat change the music business? I have my doubts, but this article thinks it’s possible.

Every hear of a record store crawl? There’s one coming to New York City in April and 11 more cities during the summer.

A battle is shaping up at the US Copyright Office. And it could have a big affect on the music business.

iHeartRadio now has more than 100 million users. Doesn’t matter, the company still has big financial problems.

Sad to say, but music education appears now to be only for the white and wealthy. With all the money spent on other things that are frivolous in the grand scheme of things, you’d think that there’d be a little money for something so essential.

 

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 3/24/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of March 24th, 2017. Spotify gets a lot of attention because it’s getting serious about its upcoming public offering, but lots of other news as well. Let’s get into it.

Spotify is nearing a new licensing deal with the major labels. It’s been out of contract for the last 2 years, but needs to reup before its IPO this year.

The Street takes a grownup look at Spotify’s current financial situation. There are a lot of forces currently at work here that are pushing Spotify to make deals that it might not want.

Speaking of Spotify, it’s collecting a huge amount of data from you. It doesn’t care much if you stream for free because it’s learning so much about you that it’s turning into cash.

Voltra has a different approach to monetizing music, both for the consumer and artist. The question is, will it survive against the deep pocketed services that have a big head start?

Just after you thought no one can top Ed Sheeran, here comes Drake again. He breaks both Apple Music and Spotify records with 90 million streams in 24 hours for his latest release.

Vinyl versus streaming – the future. Experts predict what may happen to both, but they’re actually pretty vague, and I think off the mark.

Discogs is bringing record collecting into the 21st century. Although there are many who go along kicking and screaming.

Google Hangouts gets a makeover. It’s not only going after Slack, but WhatsApp and Facebook Messenger as well.

LiveNation has acquired 13 companies in 13 months. The latest is the UK’s Isle of Wight festival. Talk about a rollup.

Radio is listened to at the same rate in all age groups. Surprising numbers from Nielsen, but these numbers have been holding steady for years.

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 3/17/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of March 17th, 2017. There’s lots of interesting speculation on new services, and not a mention of Spotify for once. Let’s get into it.

Facebook trying to solve “social music.” No one else has cracked it, but the company is taking music very seriously.

Will AI and chatbots disrupt the music industry? AI is already being used for streaming recommendations, but there may be other places for it as well.

Ed Sheeran claimed 9 of the top 10 chart spots in the UK. And 16 of the top 20, and that’s worrying a lot of people. Are free streams are screwing up the charts because they’re weighted the same as paid streams? Apple’s Jimmy Iovine has a lot to say on this.

Is Taylor Swift getting into the streaming business.  She just filed for 9 trademarks for “Swifties,” but all we know is that it’s for a website. Speculation runs high here.

Pandora finally launched its premium tier. The company tries to capitalize on its 175 million users, but is this too little too late?

Alibaba to launch an artist management company. The Chinese company is going global and has committed to spending more than $7 billion on entertainment in the next 3 years. Look out Google, Apple and Amazon.

Airbnb is getting into the music business. It’s launched its “Music Experience” which provides not only accommodations, but prime tickets as well. Now available in 12 cities but soon expanding to 40 globally.

And Amazon is getting into the festival business. No announcement, just a job posting about wanting to dramatically improve the festival experience. Who wouldn’t be for that?

Google Play Music has new audio playback options. You can now change between 4 different levels of audio quality, which suggest some hi-res music in the future. The problem is there’s no explanation about the specs.

You’ll be shocked at the top vinyl records in each state. Classic rock still rules, which is kind of sad in a way. I like the fact that vinyl buyers understand the quality of the musical period, but it’s time for some new blood.

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 3/10/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of March 10th, 2017. Nothing major, but a lot of interesting business tidbits this week. Let’s get into it.

Streaming music is a bad business according to this article. It is if that’s the only product you have. As I’ve explained before, it’s a loss-leader for Apple, Amazon and Google.

But the music business is a model for non-music businesses. Which means, learn by our mistakes.

Spotify is quietly A/B testing the pricing for a high-resolution tier. It’s called Spotify Hifi, and it will be either $5 or $10 more than the normal paid subscription.

And Spotify has hit 50 million paid subscribers. That said, it’s beginning to look like the streaming business is slowing down. Time to lower the price? That will give it the kick it needs.

Ed Sheeran is dominating Spotify. He breaks a single day record for streams with his new album, then tops a billion views on YouTube.

Nirvana’s Nevermind is still on the charts 350 weeks later. It has a way to go to top Pink Floyd’s Dark Side of the Moon ( 741 weeks), but that’s still pretty impressive.

Another indie artist goes #1. Move over Chance the Rapper, Stormzy hit the top of the charts in the UK.

Indie artists should not skip streaming. CD Baby’s CEO gives some pretty interesting numbers that just backs up what we all know – the music industry is quickly become all about the stream.

Songwriters are pushing hard for increased royalties from interactive streaming. It’s currently a pittance of a pittance, and they deserve more.

New York City is the center of the music universe. More ticket sales there than anywhere else, and it even has twice as many digital music startups than Silicon Valley or Los Angeles.

Iron Maiden is beating the scalpers. They’ve managed to bypass 3 of the top secondary ticket sellers in the UK. Quite an achievement!

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 3/3/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of March 3rd, 2017. A lot went down this week in a few related areas. Let’s get into it.

Good news – recorded music grew by 7% last year. It’s actually up $1.1 billion over last year, which is a heck of a good year of growth.

Indie labels say their share grew by more than 6%. That’s good news for the DIYers out there.

And indie publishers saw their revenue grow by 60%. The business may never reach it’s previous heights, but it’s definitely coming back.

Facebook is about to go after YouTube big time. And that means paying creators for things like music, if the hire outlined in this article means anything. A lot of people in the industry are very excited about this potential new source of revenue.

Artists are banding together to try to influence the US Copyright Office to force YouTube to pay more. Good for them for trying, but I don’t think it will mean much.

There’s over a billion hours of YouTube watched every single day. That means it’s 10 times as popular as Netflix or Facebook video and almost approaches broadcast TV’s numbers.

And YouTube has millions of dollars for artists in an escrow account. If you’re Canadian, you probably haven’t been paid some royalties owed to you, but you only have 3 months to make a claim.

The Austin live music scene is really struggling. Just like in other cities around the world, venues are closing at what seems to be a record rate. The festival scene is still strong, but SXSW now has a problem with not enough venues for it typical showcases.

Radio is not the place to listen to music, according to Jay-Z. OK, he’s biased but what he’s saying is totally true and it’s been something that I’ve been repeating for years on this blog and in my Music 4.1 book – Madison Avenue really runs radio, meaning that it’s all about the advertiser, not the listener.

That said, the number of radio listeners hasn’t changed much. People talk about the technology as being old and obsolete (it is), yet we all continue to use it more than we think.

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 2/24/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of February 24th, 2017. It was a rather quiet week, but still lots to talk about. Let’s get into it.

This may be the last easy year for streaming music. It needs new innovations and pricing if it wants to grow.

Users are leaving Snapchat for Instagram. It now has the same features, and this poster tells you why.

Old fashioned TV still drives the music business. But a lot less than in the past Remember when an appearance on Saturday Night Live was worth 150,000 album sales?

Universal Music And MQA make a deal. MQA may be the future format for streaming high-resolution music, and Universal is getting in on it early.

Alex Da Kid thinks there a new resurgence of indie labels coming. And he hopes his label leads the way.

Does owning your music matter anymore? Millions of streaming users say no but this article thinks differently. I’m not so sure I agree.

The big tech companies are still coming after the music business. Good or bad thing? Time will tell, but it looks inevitable.

And maybe Apple will end up with a music monopoly. It’s a long shot, but could happen.

Ed Sheeran is the biggest artist on Spotify worldwide. This is a bit of a surprise, but he’s killing it on the platform.

Look for more personalized ads coming from Pandora. Or just buy a subscription and go ad-free.

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

Music Industry News Roundup For The Week Of 2/17/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of February 17th, 2017. A lot went on in the streaming world, although nothing that you’d classify as major.. Let’s get into it.

Spotify just signed a big new lease in NYC and plans to add 1,000 jobs. The is a curious move given recent rumors about its IPO running aground. Could an acquisition be in the works?

Spotify also made a deal with the New York Times. You now get a free Spotify account with every Times digital subscription. That means the company should break 50 mil subscribers by the end of the year.

Apple Music is “well past 20 million” now. Of course, they didn’t say how much past. The last figure was estimated at 20.9 million paid subscribers.

SoundCloud lost 2 top executives. That’s not a good sign for streaming service that’s the backbone of most indie musicians.

Pandora is really trying hard to become a premium product with paying subscribers. It’s hoping to get to 9 million subs by the end of the year. It might be a futile effort as it has a lot going against it at the moment, not to mention fierce competition.

Facebook ads will now play automatically with audio. Ads used to be muted and you had the option to unmute if you wanted. Now we go to the dreaded autoplay with audio, so we’ll all have noisier news feeds. Why? Facebook says the mobile uses want it that way!?#!

Facebook also wants to steal music away from YouTube. It’s trying to make the labels an offer they can’t refuse.

It looks like big changes are coming to music videos either way. Industry analyst Mark Mulligan points out the many ways this sector is changing.

The movement to have radio pay music artists may be coming to a head. The hope is that the new administration will take the side of the artists instead of the radio industry so artists will finally get paid for airplay (only the songwriters get paid currently).

Prince’s music is back on most streaming services. There’s no reason to hold it back if the estate could be making money.

That’s the Music News Roundup of what went on in the music industry last week. Have a great week ahead!

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