Category Archives for "Music Industry News"
When it comes to writing top 10 hits, it appears that the more songwriters you have, the better. That’s because the average number of songwriters for the top 10 streaming hits of 2018 in the U.S. was a whopping 9.1, according to research done by Music Business Weekly based on information stored in the ASCAP and/or […]
Continue readingWe live in a world where a big hit regularly sees hundreds of millions and even over a billion streams or views. Even at a fraction of a cent each, that many plays generates some serious money. But what if you’re an indie artist with little hope of garnering hundreds of millions of streams without […]
Continue readingWe all hate commercials of any type, but they’re a necessary evil when you’re consuming media content for free, especially the free tiers of streaming services. Spotify is looking for new ways to monetize its free tier and it thinks it’s come up with something new – sponsored ads on its extremely popular Discover Weekly […]
Continue readingDespite the rise of streaming, most recent studies have found that our automobile listening habits have been surprisingly consistent with the past. That now appears to be changing as found by a new study by Edison Research, which found that we’re now much less reliant on our AM/FM radios in our cars these days. Interestingly, […]
Continue readingAccording to the latest stats from market analyst BuzzAngle, hip-hop dominated US streaming last year with just over 25% of the total, up from 22% the year before. That figure was even higher when it came to Spotify and Apple Music, as the genre came there in at 26.9%. That domination carried over to video […]
Continue readingJanuary 1st was Public Domain Day 2019, the first day that a host of titles originally published in 1923 are now available to use for free and without permission. These include literary works, music and movies. Originally the works from 1923 were set to go into the public domain in 1999 after a 75-year copyright […]
Continue readingPredictions can be a tricky thing, but if we look at the trends in the music business over the last year we can see where things might be going. Here are 10 predictions for how the industry will fare in 2019. 1. Apple Music Nearly Catches Spotify Spotify is still the king of the hill […]
Continue readingIt was another big year for music streaming, and since Spotify is the largest and most influential streaming service, it only makes sense that we pay attention to the many Top 5’s that the platform recently published. Keep in mind that these are global lists and not limited to the United States. Most Streamed Artists […]
Continue readingOne thing for sure about streaming music is that the payouts per stream are constantly changing and this year was no exception. In fact, you’ll be surprised who is new highest pay leader. According to a survey of third-party websites made by Digital Music News, Napster now owns the highest pay mantle at $0.019 per […]
Continue readingIf you’ve ever owned physical music product like vinyl or CDs you know that there’s a market for “pre-owned” albums. People have made a living from the used market for decades, so it was natural to believe that this same idea would transfer to digital music as well. ReDigi was one of the first virtual […]
Continue readingTrying to launch a streaming service these days is insanely difficult due to the fact that in order to get any sort of catalog together, music licenses that are prohibitively expensive are required. But what if an artist only featured his or her work on the service? That’s exactly what Neil Young is doing with […]
Continue readingThe touring industry has wondered for a while now what would happen when the legacy rock acts were no longer able to tour. Would the new generation of artists be able to fill the concert venues and stadiums like their predecessors? The answer is yes, and this year has proven it beyond a shadow of […]
Continue readingThe Chinese music streaming service Tencent Music raised $1.1 billion last week, in what was one of the largest U.S. public offerings of the year. After a hot start where the stock gained almost 10% in its first day of trading, it fell considerably to $12.81 per share from its opening price of $14.10 on […]
Continue readingIt seems like the days of the YouTube personality are slowly beginning to wane thanks to creator burnout and corporations getting better at implementing their channels. PewDiePie currently leads all others on the platform with an astounding 76.4 million channel subscribers, but that record may fall by the time you read this. What’s more interesting […]
Continue readingThe major record labels have always chaffed at the idea of tech companies like Spotify, Apple, Google and Amazon being in control of the distribution of their music, especially at the currently Wall Street valuations that those companies possess. That said, they’ve been unsuccessful in developing their own digital distribution product in the past, which […]
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