Tag Archives for " Prince "
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!
Here’s the Music Industry News Roundup for the week of November 18th, 2016. Lots on the legal front this week, and streaming news is back strong again. Let’s get into it.
The Justice Department wants BMI to collect fees in a different way. It asked for “full work licenses” where all songwriters must agree to a license, but lost the argument in court recently. It has now announced that it will appeal. Not good for the publishing business if it wins as licensing will get a lot harder if there are multiple songwriters involved.
A long list of music industry associations have asked the US government to support European copyright actions aimed at YouTube. They’re hoping that the royalty payout from YouTube ultimately rises to that of Spotify or Apple Music. This is a long shot at best, but certainly worthy of continued discussion.
Some insiders think that Trump might be good for business. They site the close ties of the Obama administration to Google. Good luck with that one.
Prince’s estate is suing Tidal. It says that the streaming service has been illegally streaming a number of the superstar’s albums without a license. This could end up being the death knell for the service.
Google Play Music rolled out some new features. Improvements to the user interface include contextual song recommendations, which are garnering kudos all around. This could end up being a big deal, as Apple Music is generally thought of as clunky to use, while Spotify as a little stodgy in its UI.
Amazon launched Amazon Music Unlimited in Europe to much fanfare. It’s now available in the UK, Germany, and Austria. And the service rolled out a Family Plan as well.
More than a quarter of all music streaming subscribers hop around. They go from service to service on the free plans with different email addresses, according analyst Mark Mullligan. Not good that they can’t be converted.
Spotify now driving concert ticket sales. It’s now sending out emails to subscribers with ticket offers.
BMG going all in with Alibaba in China. It had signed a 2 year deal to supply music to the Chinese giant, and now extended the agreement for 3 more years.
Metallica’s music returns to Napster. 17 years after the group had a collective thrombo over the music service, their music is back on the platform. We’ve come full circle on that one, haven’t we?
That’s the Music News Roundup of what went on in the music industry last week. Let’s see what next week brings.