Category Archives for "Music Industry News"
September 14, 2016
Will The New Cheap Tier From Pandora And Amazon Be Worth It?
Ever since music streaming began in earnest, there’s been a mantra inside the music industry that’s gone something like this – “Until the paid subscription rate gets to $5 per month, streaming is never going to scale.†That’s only partially been true, as subscriber numbers have grown steadily at the now standard $10 per month, […]
Continue reading
September 12, 2016
Warner Brothers Reports Its Own Site As Illegal
If you haven’t had a site or channel or video that you owned be contested because someone is claiming you don’t own the content, consider yourself lucky. This practice seems to be growing by the day and it can be a real pain to straighten out. For the most part, this process is automated either by […]
Continue reading
September 5, 2016
The Most Expensive Vinyl Record Ever
Vinyl record collectors can really go overboard when it comes to a rare record or a rare edition or version. Just like coin collectors, they especially revel in records with a flaw that were quickly pulled off the market since there’s only a limited number ever printed. So what do you think a classic record marked […]
Continue reading
September 1, 2016
Rap, Rock, Country And EDM Aren’t Considered Real Music In Chicago
When it comes to the issue of “fine arts,” rap, country, rock and DJ-based music are not considered real music in Chicago, and believe it or not, that’s actually a good thing. Small venues that hold 750 or less in Cook County aren’t subject to a 3% admission fee tax because what goes on in […]
Continue reading
August 31, 2016
Spotify Appears To Be Punishing Artists
Talk about a sore loser, it looks like Spotify is punishing artists who do exclusives with Apple Music. According to an article in Bloomberg, the service is manipulating search results so that those who provided Apple Music with an exclusive on a new release don’t appear in the top ranks of searches after their music […]
Continue reading
August 29, 2016
The Success Of New Music Fridays Still Up In The Air
For the longest time new music was released by most record labels in the United States on Tuesday, which made a lot of sense. Tuesday is usually a slow news day, so it was (and still is) pretty easy to get the word out without having to wade through the noise, plus it gave record […]
Continue reading
August 24, 2016
Japan Has Way More Music Stores Than The US
Japan is a pretty small country compared to the United States, but when it comes to the music business in has a big lead in at least one category – retail music stores. In what may be a startling revelation to some, Japan currently has around 6,000 music stores while the US only has 1900, […]
Continue reading
August 19, 2016
Maybe YouTube Isn’t That Big For Music After All
The music industry has always operated under the premise that music content made up about 40% of YouTube’s traffic, a figure that has bothered everyone considering how little revenue it’s generated as a result. No comes data from Pexeso showing that figure may be way off. The company found that music-related content on YouTube amount to just 4.3% of […]
Continue reading
August 10, 2016
Apple Music Now In 114 Countries, But At Different Prices
If you want to get your music to be heard in every part of the planet, then Apple Music is currently the way to go. Apple recently announced that it has expanded its reach to 114 countries, far more than any other service at the moment. Spotify, which Music Business Worldwide now estimates at 36 million […]
Continue reading
August 8, 2016
Goodbye MP3, We Hardly Knew Ya
When it comes to technology, the music business has always been about convenience. It’s ultimately never about the sound or even a lower cost, it’s always comes down to what’s easiest to use. Still, it’s surprising to see the MP3 file format (or the “download” as many know it) accelerating so quickly towards the end […]
Continue reading
August 5, 2016
iHeartRadio Needs $6 Billion To Pay Back Loans
The largest radio station ownership group is in big financial trouble. iHeartRadio, which owns over 850 terrestrial radio stations, is struggling as it’s projected to lose more than $80 million this year and has threatened bankruptcy. That has spooked the investors that loaned the company more than $6 billion, and now they want their money. Actually, […]
Continue reading
July 29, 2016
A SoundCloud Demise Would Create A Void For Indie Artists
SoundCloud is seeking a buyer, and that could make it much more difficult for indie music artists across all genres to have their music heard. The streaming music service is reportedly seeking a sale in the $1 billion range in a deal that could alter that part of the music landscape for a long time. According to […]
Continue reading
July 27, 2016
Do You Really Need A Record Label?
Here’s a very interesting video from The Economist that looks at the new dynamics of the record business and whether an artist really needs a record label these days. It’s a veiled advert for Kobalt, but frankly, that company is way ahead of the game when it comes to not only collecting artist royalties, but […]
Continue reading
July 22, 2016
Deezer Launches In The U.S., But Does Anybody Care?
After a year run up, the streaming service Deezer has finally launched in the United States. Spotify’s major competitor in Europe is now in the world’s largest market, but the question is, does it have enough to differentiate itself from the rest of the current streaming contenders in the space? The Paris-based service launched in […]
Continue reading
July 20, 2016
Apple’s Publishing Royalty Proposal Is A Shot At Spotify
Who says Apple’s music executives aren’t smart? In what may end up being a brilliant strategic move, the company discretely made a proposal to the governing Copyright Royalty Board to increase the song publishing royalty rate to 9.1 cents per 100 interactive streams, a significant increase over what is currently paid, according to the NY […]
Continue reading