Category Archives for "Music Industry News"
April 3, 2017
Happy Days – US Music Growth The Most In 20 Years
In 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 […]
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March 29, 2017
Yes, Spotify Tiers Might Look Different Soon
As 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 […]
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March 27, 2017
Voltra Tries A Stream-To-Own Approach
You’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 […]
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March 22, 2017
Can A Hit Be Predicted By An Algorithm?
We 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 […]
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March 20, 2017
Cities Waking Up To The Value Of Music Venues
Music 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 […]
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March 15, 2017
Money Is Getting Tight For SoundCloud
It 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 […]
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March 8, 2017
Big Changes Are Coming To Pandora Soon
If 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 […]
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March 6, 2017
Will SXSW Have International Artists Deported For Unofficial Shows?
A 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 […]
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March 1, 2017
New SoundCloud Go Tier Priced At $4.99
Most 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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February 27, 2017
Music Investment Act Makes Georgia Attractive For Artists
There are some states in the US that know the value of entertainment and they’re willing to invest in it. The latest is Georgia, which is about to pass the Music Investment Act to make it more financially attractive for music artists to create in the state. Not only is this piece of legislation intended […]
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February 22, 2017
You Won’t Believe What The Most Popular Music Platform Is
Streaming gets all of our attention these days but there’s more to music distribution than that. Business Insider conducted a survey of adults in the United States and found some very interesting data about our very favorite music platform, Here’s what it found. iTunes – 30% Pandora – 23% Spotify – 13% Google Play – […]
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February 16, 2017
Spotify May Now Be Looking For A Buyer
It looked like Spotify’s strategy was to go public this year, but recent announcements have pretty much put that aside. The IPO (Initial Public Offering) market has changed recently, and tech companies can no longer be assured of the big paydays of just a few years ago. As a result it looks like the company’s new plan is […]
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February 8, 2017
Spotify Could Be Hurting If It Doesn’t Go Public Soon
It was assumed that Spotify would final go public in 2017 not only because the timing was right in its growth, but mostly because of pressure from investors to get their money back. Rumor has it that the company is considering delaying its IPO until 2018, and that could cause the company a world of financial […]
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February 6, 2017
How Big Is That Super Bowl Halftime Bounce?
The Super Bowl is one of the most viewed events in the world, and the coveted halftime performance is what many A list artists dream of. But does an artist get much of a visibility bounce as a result? When it comes to videos on YouTube, yes they do, although some get a bigger one than […]
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February 2, 2017
Where Your Concert Ticket Money Goes
The concert ticket you buy today is more expensive than ever, but that doesn’t seem to hinder music lovers from shelling out their cash anyway. With a typical ticket going for well over $100 and VIP tickets going in the thousands, it begs the question – where does the money I just spent for my ticket […]
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