Archive

Monthly Archives: April 2018

Spotify’s Market Cap Shows Just How Powerful Apple Really Is

Spotify Market Cap on the Music 3.0 blog

Spotify’s direct listing on the New York Stock Exchange last week proved to be a little underwhelming in that most existing stockholders decided to hold on to their shares, a good sign for the company’s long-term future. Its stock price at the end of the week ended up at just shy of $148, which translated […]

Continue reading

Which Streaming Service Pays The Most? You’ll Be Surprised

Streaming Services on the Music 3.0 blog

Streaming royalties are a completely moving target, and what’s reported as the average payment today will certainly change tomorrow. The reason is that there are so many variables that go into calculating a stream payment. That said, the chart below from Statista provides the gross payouts to labels per stream from each major streaming service. […]

Continue reading

Spotify Finally Goes Public, And Sony Sells Some Of Its Stock

Spotify stock

Spotify finally went public yesterday in a unique direct listing that had Wall Street watching the offering closely. The stock opened at a price of $165.90 per share but fell to $149.01 by the end of the day. The stock dropped down another 8% to $140.02 by midday Wednesday. That said, even at $140 per […]

Continue reading

New YouTube TrueView For Reach Ads Could Mean More Revenue For Artists

TrueView YouTube ads on the Music 3.0 blog

YouTube has rolled out a new variety of advert that may end up bringing in more ad dollars not only for artists and bands, but anyone who posts an interesting video on the service. Known as TrueView for Reach, the new ad type is similar to standard TrueView ads that can be skipped after 5 […]

Continue reading

Blues Hall Of Fame Sax Player Joe Sublett On My Latest Inner Circle Podcast

Joe Sublett on Bobby Owsinski's Music 3.0 Blog

My guest this week is saxophonist Joe Sublett, who’s a Grammy and W.C. Handy Award winner as well as an inductee of the Blues Hall of Fame. Joe’s credits include work with superstars like The Rolling Stones, Eric Clapton, Bonnie Raitt, Little Feat, The Band, Stevie Ray Vaughan and Double Trouble, BB King and a […]

Continue reading

New Record Deal Advances Are Soaring, If You’re A Hip Hop Artist

Record Deal on Bobby Owsinski's Music 3.0 blog

There was a time in the recent past when the record company advances for a new record deal had shrunk thanks to the overall music business being in such a bad way revenue-wise. It got to the point where many artists considered going the DIY route since it actually offered better alternatives to make money. […]

Continue reading