Category Archives for "Music Industry News"
While radio airplay used to be the lifeblood of a hit (and in some cases still is), today it’s the playlist that really sets the tone for listener discovery. If a track is added to a popular list, its streams will spike and listeners will add it to their personal playlists, which sometimes adds a […]
Continue readingWe keep reading about Spotify having more paid subscribers than just about any other service at 51 or so million, but it looks like Apple Music is not only catching up, but surpassing the service in many areas. A new survey from the media measurement company Verto Analytics actually puts Apple Music at the top […]
Continue readingIt could be a sign that digital music aggregation has either grown up or is adopting a label model, but regardless of the reason, TuneCore has launched a program called TuneCore Direct Advance that offers automated advances to artists signed to distribution or publishing deals. This is certainly a first for this arm of the industry, and […]
Continue readingThe recorded music business is rejoicing at the fact that after more than a decade, it finally has some strong revenue growth. The best part is that the growth looks like it will continue, as paying for streaming has finally gone mass market and listeners have seem the light of the benefit of paying at […]
Continue readingAlmost from the beginning of the industry, recording artists have complained about not being compensated for radio airplay. Sure, songwriters get paid, but artists and labels never receive a dime. This is a phenomena unique to the United States, since in most other countries artist compensation has long been settled. While legislation to pay artists […]
Continue readingAs I’ve written in other posts, Spotify wants to do a public offering this year but won’t be able to do that until it signs new licensing agreements with each of the major labels. It looks like the first of those agreements has come to pass with the reported signing of Universal Music. The fact […]
Continue readingIn record label executive offices across the U.S. there’s rejoicing as the latest RIAA numbers show a double digit increase in revenue for the first time in almost 20 years. The latest figures show that the recorded music market in 2016 brought in $7.7 billion, up a bit more 11% over the previous year. And […]
Continue readingAs mentioned here before, Spotify’s licensing deals with the major labels is currently out of contract. This is a big deal since the company wants to go public this year, and that could be put in jeopardy if it doesn’t have its licensing house in order. But the labels are driving a hard bargain, not […]
Continue readingYou’d think that owning music is a thing of the past, yet the iTunes music store still does over a $1 billion a year selling downloads. Streaming may be putting a big hit on downloads, but a new online store called Voltra is coming at it with a new approach that might benefit both music […]
Continue readingWe like to think that everything about music is built around the tastes of the people that are both creating and listening to it, but that outlook seems to be increasingly out of step with reality. Artificial intelligence is being used more and more for all sorts of things that control our lives, so why […]
Continue readingMusic is a big part of the nightlife of any city, but venues everywhere have been seriously threatened by rising real estate costs, noise control laws, and city taxes. Luckily, many cities are finally waking up to the fact that a city without music is a far less attractive destination or place to live, and […]
Continue readingIt looks like Pandora isn’t the only streaming company having big financial problems. SoundCloud is reported to now be in a do or die situation where it must either raise some serious cash or sell for pennies on the dollar. The company has been trying to raise $100 million to keep the doors open for […]
Continue readingIf you’re a Pandora user, the service that you know and hopefully love may very well be different in the next month. That’s because an investor revolt looks to be forcing the company’s sale, according to an enlightening expose’ by Music Business Worldwide, and that could come within the next two weeks by the way things […]
Continue readingA big controversy has popped up over a tweet (see below) that outlines the language in the latest SXSW artist contracts which stipulates stipulates “SXSW will notify the appropriate immigration authorities” if an international artist tries to play either an official or unofficial show without the proper work visa. As a result, a number of international acts […]
Continue readingMost pundits in the recorded music business have been advocating for a low-priced streaming music tier for years, predicting that real growth in that end of the business won’t begin until the entry level price falls from $10 to around $5. While Amazon introduced its low-priced tier at the end of last year, you needed to […]
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