Category Archives for "Music Industry News"
August 24, 2018
Will Virtual Reality Concerts Actually Go Commercial?
Virtual Reality hit the streets with such promise but really hasn’t taken off the way that everyone had hoped and predicted. One of the reasons was that the bulky headsets just aren’t that appealing. The other is that there really wasn’t a “killer app” available, although for a while everyone thought that music might be […]
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August 22, 2018
How Ad Blockers On Spotify Might Be Costing You Money
Spotify recently revealed that it had 2 million subscribers that were using ad blockers on its free tier. Since a user doesn’t pay anything to subscribe to that tier they’re subjected to ads that help pay for it and also return royalties to the artists. Someone who uses an ad blocker obviously doesn’t listen to […]
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August 20, 2018
Ticketmaster Will Shut Its Secondary Ticket Sites In Europe – Is The US Next?
Everyone hates paying the inflated prices that secondary ticket sellers charge, but many customers feel they’re a necessary evil. If you want a seat, especially a good one, they’re probably the only game in town. But that may not be as true in Europe soon as Ticketmaster announced it will shut down its GET ME […]
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August 17, 2018
Yes, There’s Now A Zillow For Song Royalties
If you own a home you most likely know about Zillow, a website that makes it easy to find out how much your house, and others in the neighborhood, is worth on the current open market. It’s great if you’re buying or selling a home, or just for fun to play a “What if” game […]
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August 15, 2018
Sony And Universal Make More Than $500k Per Hour From Streaming
The naysayers have always been so negative on the fraction of a cent payout that comes from a music stream, but it’s never been so evident that those small bits add up to something huge. Music Business Worldwide did the math after looking at both Sony Music and Universal Music Group’s financials for the beginning […]
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August 13, 2018
Spotify Escalates Its Battle With Apple Music With A New Samsung Agreement
Spotify and Apple Music have been locked in a back and forth battle for the hearts and minds of the music streaming business that increases in tempo a bit more seemingly every day. Until now, Apple has had the upper hand strategically over Spotify in that its music streaming division was just another reason to […]
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August 10, 2018
Warner Music Group Sells It’s Spotify Stock And Gives 25% Back To Its Artists
Warner Music Group recently sold all of its stake in Spotify for $504 million, and everyone expected that money to go right to the company’s bottom line and bypass its artists. That’s not the case though as Warners announced that it would allocate 25% of that income back to artists. Sounds like good news, right? […]
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August 7, 2018
Introducing The Music Business Advice Book
I’m pleased to announce the release of my latest book, The Music Business Advice Book: 150 Immediately Useful Tips From The Pros. The book is a compilation of 150 helpful quotes from 130 top music pros from various segments of the music industry who previously shared these tips on my Inner Circle Podcast over the course of almost […]
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August 6, 2018
Billboard’s All-Time Top 100 Songs Brings More Shock Than Surprise
In honor of the 60th anniversary of Billboard’s Hot 100 chart, the company issued its all-time top 100 songs cultivated from #1 hits over the last 6 decades. The chart was created by 3 Billboard staffers with the help of producer Mark Ronson and hit songwriter Diane Warren. It’s easy to be surprised with some […]
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August 3, 2018
Spotify Releases Playlist Pitching Feature
Everyone knows that the key to streaming success today is getting placement on a key playlist, especially on Spotify. While this might have been easier to accomplish a few years ago, it’s now become increasingly more difficult, thanks to the fact that playlist curators are overloaded with submissions. This has even to a new type […]
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August 1, 2018
Here’s Proof That The Album Is Almost Dead
Since the 70s it’s been a dream of musicians to release an album. A deal with a major label and subsequent best-selling album release was the epitome of what we all worked for. Today the album is fast becoming a relic of the past and you need look no further than Drake’s Scorpion album as […]
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July 30, 2018
Will Billboard Have A New Chart Rival Soon?
Ever since the first Billboard music chart was created back in 1940, the music industry has relied on the publication as a measure of success. Much of this was for bragging rights between labels, but also as a way to provide retail with sales data (and a large dose of hype) to determine what records […]
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July 27, 2018
The Trend Is Towards Cashless Festivals, And That’s A Good Thing
The cashless society that was predicted many years ago is pretty much here, as fewer people resort to using cash in daily transactions. Using a credit or debit card sure beats carrying around a pocket full of bills and coins and having to worry about exact change in inopportune situations. Even festivals are now turning […]
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July 25, 2018
Drake Has Generated Over $100 Million From Streaming So Far
Who says that streaming doesn’t pay? Yes, it only pays a fraction of a cent per stream, but those fractions really add up, especially when streams are in the billions for an artist like Drake. You may recall that Drake smashed all the streaming records on both Spotify and Apple Music recently during the release […]
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July 23, 2018
You Won’t Believe The Top 10 Highest Paid Artists
When you think of highest paid artists you think of the most popular at the moment, but that’s not necessarily who made the big money last year. Artists like Drake and Taylor Swift took a back seat to some of the biggest legacy artists when it comes to the highest paid, and it all comes […]
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