Here’s theÂ Music Industry News RoundupÂ 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 heÂ doesn’t need a label as a result. Here’s how he does it.
Thanks to the Super Bowl,Â Lady 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.
That should push Spotify over 50 million paid users soon.
That’s the MusicÂ News Roundup of what went on in the music industry last week. Have a great week ahead!