Category Archives for "Music Industry Roundup"

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!

Music Industry News Roundup For The Week Of 2/10/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of February 10th, 2017. It’s been a busy week in the music world this week. Let’s get into it.

Google and YouTube merge their music teams. There’s confusion between Google Play and YouTube Red services, so look for these to become just a single service soon.

Warner Music joined the $1 billion streaming club. Now all 3 major labels make more than a bill from streaming.

FM radio is now enabled in half the smartphones in the US. The question is, how many are actually listening?

Ticketing is a broken industry that needs to be fixed. The latest incident with Ed Sheeran may bring things to a head in the UK.

Trump’s presidency will affect music in some way. Here are 5 scenarios of what could happen.

Chance the Rapper gives all his music away for free and still does pretty well. So he doesn’t need a label as a result. Here’s how he does it.

Thanks to the Super BowlLady Gaga’s sales surge over 1,000%. In the grand scheme of things, her sales still aren’t that great though.

A million plays isn’t enough to break an artist any more. I keep saying that the metrics have changed. You need at least 10 million to even get in the ballgame, and 50 mil for a minor hit.

The reason why so many music tech startups fail. They don’t analyze the market to see if there’s really one there. But they’re musicians, what else do you expect (musicians know what I’m talking about)?

Sir Paul McCartney is suing Sony/ATV publishing to get his Beatles songs back. And there’s a good reason why he’s done it in the US, according to this article.

The New York Times is bundling a free Spotify account with a subscription. That should push Spotify over 50 million paid users soon.

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 2/3/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of February 3rd, 2017. This has been a big week for social media changes, but there are still some interesting record label-related developments. Let’s get into it.

Sony earned $1.2 billion from streaming last year. It still made more from physical sales, but not by much.

Streaming is changing music consumption, but is that good? Well, the measurements are no different, and this article doesn’t think they’re as fair and equal as they should be.

Investors are putting more money in the music business. That’s because they believe it’s finally coming back, and owning music publishing is an appreciating asset (which it’s always proven to be).

Vevo has now reached 100 million users. The music video network partially owned my Universal Music was seen by 43% of all viewers who watched YouTube in December. The funny thing is, most of them aren’t even aware that they’re watching it.

Speaking of Vevo, MBW thinks Facebook should poach it from YouTube. The article says that it could make approximately $32 billion a year if it did, which sounds a bit far-fetched to me. Still a good idea though.

Soundcloud’s getting deeper into advertising. Users don’t want to hear this, but the company is trying to increase revenue to look like a better acquisition target.

Snapchat is adding augmented reality. A new lense will allow users to identify environmental elements and superimpose digital effects on top. It’s still experimental so we won’t see it for a while, but it’s cool that it’s in development.

Hulu launched its virtual reality show On Stage. You need the service’s VR app in order to get the full effect, but it’s good to see the technology getting off the ground in music.

Facebook is going to start paying for videos. Both up front and revenue sharing from ads will make video content creators happy. It’s also a shot across the bow of YouTube.

People are upset that Instagram now does groups of photos. They feel it’s trying to become all things to all people and losing its focus.

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 1/27/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of January 27th, 2017. There’s lots of varied news that covers the spectrum of the music business. Here are some of the news highlights for the week.

Spotify wants to pay a lower royalty rate. It’s contract with the major labels is up, but it’s offer is to pay 14% less than it’s paying now. Good luck with that.

Spotify also has some big loan payments soon. Which is why the rush for the company to go public this year.

Pandora thinks it can take on Apple Music and Spotify. Maybe, but it has a long way to go. This article provides its plans.

32 online music services have shut down in the last 5 years. It’s getting tough out there unless you’re one of the big boys.

Sony wants to keep its music division. It plans on selling the film studio, but music is making too much money to cut loose.

Artists can make money from YouTube’s new Super Chat feature. It’s a pay-to-comment feature that the service hopes will add some revenue to the artist’s coffers. It’s also killing the Fan Funding feature in the process.

Google Play Music is testing an auto-play option.  It’s unique in that it resumes play at the spot where you left off when you launch an app.

Music has to lead the way for VR to succeed. That’s going to be difficult, as most creators still view audio (let alone music) as the poor step-child to the picture.

Movie trailers may be the best marketing for an artist. At least that’s what this Atlantic Records exec thinks.

It looks like protest music is making a comeback. We can thank our new president for that.

Some of the copyright changes that the industry hoped for might not happen. The new administration is strangely silent on the matter, which scares music insiders.

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 1/20/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of January 20th, 2017. We’re back in the swing of things as everyone hits the ground running in the new year. Here are some of the news highlights for the week.

There’s speculation that Sony Japan is tiring of the entertainment business and might now want to sell out. That means Sony Music and Sony/ATV publishing as well. Could the 3 major labels soon be down to 2?

It looks like Sirius XM is still interested in buying Pandora. But only at the right price. Pandora is in trouble, so that price is sure to be coming down to where Sirius likes it soon.

There are predictions that the US radio industry is going to change big time soon. Back to local and away from big station groups, as iHeartRadio is in big financial trouble that could start the change. This is a good thing.

The long term trends in radio don’t look good. Despite what you might read, fewer people are listening to radio, a figure that looks like it will only decrease. Is it because of the product (too many commercials) or the format? Could a big industry shakeup change the trend?

Norway shuts down its analog radio system. It’s trying to make a clean shift to digital. This is for national stations only though, as lots of independent analog stations will still stay on the air.

Facebook has decided to stop paying publishers for live videos. It seems like this was just a short term deal to establish the format and now it wants to put more emphasis on long-form videos instead. This is no-doubt because it will soon be inserting mid-roll ads after 20 seconds, so the longer the video, the better.

Apple is looking to produce TV content. Could this be Netflix/Amazon envy, or has it just lost confidence in the core product of Apple Music?

The hottest selling metal records of 2016 holds a surprise. Metallica holds 6 of the top 10 spots and is still selling physical product like crazy.

Music streaming now has more paying users than Netflix. Of course, Netflix is only one company, while the more than 100 million music streaming subscribers is across all the streaming networks world-wide.

10 virtual reality observations. Will it be the next big thing? It could be, but probably not in the way you 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 1/13/17

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of January 13th, 2017. Everyone is back from holiday vacation and the year is starting to get busy. Let’s see what’s in the news.

Pandora lays off 7% of its workforce. Things are getting tough in streaming land as the company tries to overcome a cash crunch.

Deezer’s Chief International Officer jumps ship to newspaper publisher and SoundCloud’s co-founder takes a new position as well. The big shakeup in streaming is beginning now. There will be far fewer players by mid-year.

Instagram is dropping ads into stories. Not a lot of people are happy about it. Will it kill what until now has been the golden goose? Will musicians make money?

Snapchat is trying hard to make itself important to the music business. You know what? It’s succeeding.

YouTube is running a contest to find someone to create the official music videos for some of Elton John’s biggest songs. “Bennie And The Jets,” “Rocket Man,” and “Tiny Dancer” never had videos but now they will. Don’t forget that Elton recently publicly railed against YouTube for its tiny payout, but he’s in bed with them now.

iHeart Radio officially launched it’s subscription service. $5 and $10 per month tiers, but will people actually pay a monthly fee for radio that they can get free?

Universal and Sony Music lead in streaming market share. Tunecore leads in indies, which is the only surprise here.

Ed Sheeran breaks the all time Spotify record 3 times in 2 days. 46.5 million streams from latest two releases in just 4 days. Boy, that guy is scorching hot.

Labels are rereleasing classic albums to try to skirt copyright law. In the EU, older albums can go to the public domain under the right conditions, and the major labels are exploiting it.

It looks like the era of print music critics has come to an end. The few that are left (it’s estimated there are only 10) are given multiple jobs on the paper or magazine outside the arts. There’s no sense trying to get a magazine or newspaper review anymore.

Pandora’s stock dropped like a rock after reports that Sirius XM’s acquisition was unlikely. This is a company in trouble, and it doesn’t look like any help is on the way.

Music is the fastest growing form of entertainment in the UK. Streaming is leading the way, but I’m not sure what that actually says about the health of the industry.

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 1/6/17

Music Industry News Roundup Happy New Year, and here’s the first Music Industry News Roundup of the year for the week of January 6th, 2017. We’re just coming off a major holiday and things are slowly ramping back up. Let’s see what happened.

The Blackstone Group acquires SESAC. Just think about that for a second. A big investment group now owns a performing rights organization.

SoundExchange could lose a lot of revenue this year. The government collection agency is losing out thanks to direct deals with labels and publishers by Pandora

Chinese giant Alibaba is about to spend over $7 billion on entertainment content. Move over Apple, Google, Amazon and Spotify – you’ve got competition and it has deep pockets.

It looks like Facebook is getting close to their own version of Content ID. That means that content creators can finally get paid for their music and videos playing on the service. Word is that it won’t actually be released until the Spring though.

Indie labels claimed 35% of the market last year. Good news for DIY artists and labels not affiliated with majors, but this is based on rights ownership, not revenue.

A vinyl pressing plant is going out of business. It’s pretty hard to do in this market environment, but Canada Boy Vinyl can’t make a go of it.

YouTube lost it’s dominance to streaming music. People are now finding streaming networks way more convenient than the YouTube experience.

A full-time YouTuber shows how much money he makes.  And of course he does it on YouTube. Doesn’t make all that much, but he’s not a very big channel either.

George Michael Best-Of Sales skyrocket. They improve by over 5,000% in the UK alone.

Speaking of the UK, the biggest album seller last year wasn’t a musical artist. It turns out it was a 56 year old game show host. Well, that’s probably the demo that still buys physical product.

That’s the Music News Roundup of what went on in the music industry last week. Have a great 2017!

Music Industry News Roundup For The Week Of 12/30/16

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of December 30th, 2016, the last week of the year. As expected, there hasn’t been much in the way of blockbuster news, but there have been some interesting pieces.

Mozart was not #1 in album sales. A story made the rounds that a box set by the composer outsold even Drake, but the measurements have proven to be specious at best. It was a bad year for the physical album as a whole though, as the article points out – even for Drake.

Here’s a list of the top 50 biggest songs on Beats 1 radio last year. There are many that are expected, but a few surprises as well.

Rolling Stone has 6 reasons why 2016 was a great music year. There are a few that I don’t quite agree with, like radio being healthy and album releases being events, but other than that its spot on.

6 music tech predictions for 2017. Culled from 20 industry tastemakers, these are mostly out-of-the-box in that you probably haven’t heard about them before. They also lean towards live music rather than recorded.

Warners is getting back into compilation albums. This is spurred on by the fact that singles are hot again thanks to streaming [subscription required].

Deezer plans to take over the streaming world. The streaming universe is still young and will be expanding for some time yet, so why not?

Tencent is a big threat to Apple Music and Spotify. It already dominates Asian streaming and has the money to come West [subscription required].

Billboard looked at the 10 best music memes. I must admit that I missed these during the year, but don’t feel too bad about it.

PC World looks at what went right and wrong with VR in 2016. Virtual Reality still hasn’t caught on the way everyone had hoped, but it did make some progress.

Warners is going head first into VR though. It plans “hundreds” of VR music releases in 2017.

Many Top 40 hits had ambiguous key centers. This is a little music geeky but interesting. It shows the evolution of the hit song and consumer tastes.

That’s the Music News Roundup of what went on in the music industry last week. Happy New Year everyone. See you next year!

Music Industry News Roundup For The Week Of 12/23/16

Music Industry News Roundup Here’s the Music Industry News Roundup for the week of December 23rd, 2016. Surprisingly enough, there’s a lot of music business-related and social news this week, despite the Holiday season.

iHeart Radio is in big financial trouble. Radio is dying in general, and a few years ago when the hedge funds bought in they didn’t realize that fact. The company probably won’t change much because of the problems (at least in the short term) but the investors will take a haircut soon.

Apple Music is trying to become more than a streaming platform. It’s now more of a quasi-label, offering lots of promotion in addition to streaming. This interview with two Apple Music execs is revealing.

Not to be outdone, YouTube is quietly beefing up promotion for some artists as well. Not that it helps the indie artist much, but you can see where all this going. [subscription required]

There are indie artists making it on streaming alone though. Yes, it’s not only possible, but this article outline a number of indie artists in different countries with massive streaming numbers.

The VR revolution is here, but it has yet to break with consumers. Many think that this will change in 2017, but the consumer uptake so far is disappointing, and understandable.

Dance music hit a big speed bump in 2016. This article outlines 11 things that broke the hearts of EDM aficionados.

The album cycle is pretty much dying, with Drake the perfect example of the new singles paradigm. But playlisting plays a big part in streaming success as well, and this interview with Spotify’s Troy Carter is enlightening.

Streaming is changing music again, finally making the Long Tail concept viable. This Harvard Business Review article shows how streaming is turning the music industry into a singles business, and is killing the album. Oh, and more people are listening to music other than the hits along the way.

Streaming apps aren’t keeping pace, and user experience is the thing to concentrate on. Industry analyst Mark Mulligan makes a number of good points about music falling behind in engagement to non-music apps like Snapchat, Instagram and Buzzfeed.

Twitter is toast, according to one financial analyst. The company is experiencing plateaued growth and a brain drain, and the stock is expected to take a dive soon.

Finally, Facebook is correcting its metrics for ad reach, streaming reactions, Likes and Shares. It looks like the numbers we were seeing weren’t really true after all. If you advertise on Facebook, you should read this article before placing another ad.

That’s the Music News Roundup of what went on in the music industry last week. Let’s see what next week brings.

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