Category Archives for "Music Industry News"
October 6, 2017
Microsoft Dumps Groove Music For Spotify
You’re probably not aware that Microsoft has its own streaming service called Groove Music, and that’s exactly why the company is now dumping the platform in favor of Spotify instead. The company plans to stop selling subscriptions soon and will completely phase out the service by the end of the year, which probably won’t break […]
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October 2, 2017
More Changes Come To Live Streaming
Live streaming music and video was once hailed as the next big thing online, and perhaps it still will be, but so far major interest hasn’t materialized as predicted. There are a number of companies still in the game, but a shakeout has begun as the latest round of company acquisitions has shown. Most recently, […]
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September 29, 2017
Now You Can Buy Stock In Eminem’s Music Royalties
In what may be the wave of the future, a company offering stock in rapper Eminem’s music royalties will soon hit the stock market. The new company owned by Royalty Exchange (a company that brokers royalties) called Royalty Flow filed with the U.S. Securities and Exchange Commission to raise between $11 million and $50 million via a […]
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September 27, 2017
It’s Official – Hip-Hop Dominates Music
It’s been a long time coming, but hip-hop is now the undeniable leader when it comes to music consumption. For the first time since Nielsen started tracking the music industry in 1991, R&B/hip-hop officially dominates all other genres, according to Billboard. Hip-hop now claims 25.1 percent of total music consumption, while the #2 genre, rock, can […]
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September 25, 2017
Ed Sheeran Might Change Your Mind About Making Money On Spotify
There are still many artists and musicians that believe that streaming music is the devil, even worse than piracy. The idea is that since the payout for each stream is so small, an artist is just not capable of generating any serious income online. Ed Sheeran’s “Shape Of You” might change your mind about that, […]
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September 22, 2017
YouTube Kills Its Paid Channels But Ads Sponsorships
Chances are that you haven’t utilized the paid subscription feature on your YouTube channel or even considered it. The chances are also pretty high that you don’t pay to subscribe to another YouTube channel either. That’s one of the reasons why the service is now killing that feature – it’s no use having if people […]
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September 18, 2017
This Is Why Spotify Is Beating Apple Music
At around 65 million, Spotify has more monthly paying customers than any of its competitors by far. One of the reasons is that it was one of the first in the streaming music space, and another is that it has a fairly simple user interface. But the biggest reason by far is the fact that […]
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September 15, 2017
Spotify Launches Its iMessage Music Sharing App
In an effort to make sharing music on Spotify easier, the platform has launched its own version of Apple’s Messages that lets users listen to previews of suggested songs directly in the app. The new iMessage app allows you to search the music streaming service’s entire library for a specific song, then send it to a […]
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September 13, 2017
YouTube Has Found A Way To Pay Even Less
YouTube has constantly been at odds with the recorded music industry for its meager payouts, and now it’s found a way to even cut the payout on some of its biggest content creators in areas other than music as well. The video service recently started using artificial intelligence tools to flag offensive videos on the platform […]
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September 11, 2017
Facebook Goes After YouTube With The Money Card
If there was ever evidence that Facebook wants to take YouTube down, it’s with the report that the company has offered the music industry a boatload of money for music licenses so that its users can use popular music on their videos without legal repercussions. Ever since Facebook video was launched in 2015, the social […]
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September 8, 2017
Warners And Apple Music Have A New Deal, With More To Come
It hasn’t been widely known, but Apple Music’s licensing deal with the major labels ran out in June. Since then things have been chugging along as if they still were in contract while a new one was negotiated. The first of those three deals, this one with Warner Music, has just been announced, with Sony […]
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September 6, 2017
A New Vinyl Pressing Plant Is Coming To Austin
I guess that the vinyl comeback is here to stay, as another new pressing plant is about to come on line, this one in Austin. When band manager Caren Kelleher found that she couldn’t get timely vinyl delivery for the bands she manages, she decided that it was time for a vinyl plant that specialized in […]
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September 1, 2017
Pandora And Smart Speakers Are The Surprises In The Infinite Dial Study
For 20 years Edison Research has been conducting its Infinite Dial study that measures media and technology consumption in the United States. As always, the latest edition has a number of interesting discoveries, but it also identifies the new trends that may be in front of us, yet we find difficult to see. Here are […]
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August 30, 2017
Taylor Swift Goes Overboard With New Concert Ticket Scheme
Let’s face it, concert ticket prices for major acts are astronomical for anything but the nosebleed section of the venue, as the secondary market gets their hands on already high-priced tickets and increases the price. If that wasn’t bad enough, a new scheme hatched between Taylor Swift and Ticketmaster may bring the ultimate price of […]
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August 28, 2017
Spotify Needs To Follow Apple’s Example To Survive
Spotify just bounded over it’s last major roadblock to going public with its new licensing agreement with Warner Music, and now it’s final hurdle is convincing the SEC that its direct listing is on the up and up. This means that the company looks to meet its goal of being listed on the New York […]
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