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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!
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!
Here’s the Music Industry News Roundup for the week of December 9th, 2016. There’s a lot of news this week, especially on the streaming side of things, so let’s get right into it.
The three major labels experienced growth this year, all thanks to streaming. Many feel that the industry has finally turned the corner on revenue, especially with Amazon Music finally launched.
Apple Music has topped 20 million users. A milestone for sure, but it still trails Spotify by a lot.
Pandora’s new interactive service has finally launched. Pandora Premium is here, but will anyone really care?
This Quartz article thinks that Apple Music and Spotify are too far ahead for Pandora Premium to matter. Maybe so, but this is more for shareholders than users at the moment.
Will users actually want the $4.99 light subscriptions? This survey says yes, at least for the new iHeartRadio Plus service, pegging the potential subscribers at around 4 million.
Speaking of streaming numbers, there’s a new king of Spotify streams. Drake loses his crown to The Weeknd.
YouTube offers some big numbers, but the music industry claims that’s not enough. The royalty split still doesn’t work, but there no immediate relief in sight.
Brits now spend more money on vinyl than on downloads. No surprise here, except for how quickly downloads are slipping from our digital vocabulary.
A US court ruled against Duran Duran in regards to reclaiming the rights to their first 3 albums. It claims they are bound by an English contract, not an American one.
Finally, a law against ticket bots. New York signed into law legislation against unfair ticket purchasing and reselling practices, which could soon mean better seats and better prices for everyone if the law spreads to other states.
That’s the Music News Roundup of what went on in the music industry last week. Let’s see what next week brings.
Here’s the music industry news roundup from the last week. As always, streaming and streaming services are in the news, but so are a number of huge artists, as well as some cool speculation on the future. Let’s get into it.
Apple Music is seriously getting into song lyrics. Reports are that it’s hired a new team to curate lyrics rather than use a third party to do it. The feature is supposed to be part of iOS 10, which hasn’t been released yet.
The Ed Sheeran plagiarism lawsuit is causing a bit of a dustup. Billboard rants a bit about the bad journalism surrounding the suit (that “Thinking Out Loud” is too close to Marvin Gaye’s “Let’s Get It On”), and on the surface, this one feels frivolous, but we’ve been surprised by the results before. This could be a bombshell for songwriters and music publishers alike if it goes against Sheeran.
Chance The Rapper turned down all the major labels and signed an exclusive with Apple instead. That’s the way the new music business works, although I’d bet that he ends up on a major sometime in the future.
Speaking of exclusives, Frank Ocean also went with Apple Music. Starting to see a trend here? First it was Tidal, then Spotify, now it looks like Apple is putting on the serious push for exclusives. It will be interesting to see its latest subscriber numbers.
In the meantime, Spotify is diversifying into gaming. It launched a new portal dedicated to game soundtracks, which is a great idea, given that gaming is a far larger business than music.
Pandora’s doing the same thing. Diversifying, that is. The company has added more comedy and podcast content, in a move that might be too little too late. Notice how little press the company is getting lately?
People can’t tell what fidelity they’re listening to. That’s what an informal study by CNBC says. Only 1 in 3 could identify the hi-res stream in a test that included streams from Tidal, Spotify and Apple Music. I’m not sure if that means the codecs have all gotten better or the basic quality of the tracks have gotten worse (probably a little of both).
Will Google suffer Yahoo’s fate? It wasn’t all that long ago when Yahoo was the search engine of choice, and this article shows how it could also happen to the current king of the mountain.
How Drake conquered streaming. First you conquer social media, then the streaming comes with that, according to this article. Yeah, it also helps when you’ve had success before a great team to work with.
That’s the News Roundup of what went on in the music industry last week. Let’s see what next week brings.
Here’s some interesting music business news from the last week. There’s a lot going on in the streaming world, but as usual, that’s not all.
Warner Music had it’s best quarter in a long time. Streaming agrees with this major label, and it’s up around 14% over the same time last year. Guest what? It’s all due to streaming.
“Happy Birthday” is copyright free, but what about “We Shall Overcome” and “This Land Is Your Land?” Both are considered national treasures and thought to be in the public domain, but are instead controlled by the daughter of Woody Guthrie. New lawsuits attempt to change that, but what does it mean for copyright law?
Many superstars are going it alone without a manager. Taylor Swift, Bruno Mars, Beyonce and Ariana Grande are using a close tight nit team to guide their careers instead of traditional management companies. Prince was notorious for doing the same thing, and Mick Jagger has essentially guided the Rolling Stones since early in their career. Works for some, not so much for others as Queen and Billy Joel had a rough time after trying the strategy.
Drake’s Views chart dominance is mainly due to streaming. It seems that sales aren’t what they used to be, but I’ve been making that point for a long time.
Spotify is trying to program ads based on your musical tastes. The company is now asking advertisers to submit ads that fit specific profiles to better target listeners on its free ad-supported tier. Creepy or smart?
Song pluggers now target playlists. Song “pluggers” or promoters used to target just radio in order to raise the profile of a song and make it a hit, now they target various playlists instead.
Apple has fixed a big problem with Apple Music. It has moved to fingerprinting technology to help better match your personal music collection to its online catalog. User have been frustrated with inaccurate matches, but this promises to kill the bug.
Downloads will be dead by 2020. That’s what this article predicts as it looks at the downward spiral down of downloadable music consumption. Not analysts believe it will happen this quickly, by the way.
Has streaming broken the UK singles charts? A better question might be, what dos the singles chart now measure, because it certainly isn’t sales.
That’s the News Roundup of what went on in the music industry last week. Let’s see what next week brings.