Tag Archives for " Music Business Worldwide "
It’s big news that Taylor Swift has left the Big Machine label for Universal Music, but a byproduct of that deal is that the label’s artists would receive all of their share of the revenue from a sale of the company’s holdings of Spotify should it decide to sell. That means that the total amount […]Continue reading
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 […]Continue reading
Spotify finally went public yesterday in a unique direct listing that had Wall Street watching the offering closely. The stock opened at a price of $165.90 per share but fell to $149.01 by the end of the day. The stock dropped down another 8% to $140.02 by midday Wednesday. That said, even at $140 per […]Continue reading
When we look at streaming subscriber numbers, it always looks as if Spotify is in a commanding lead with over 70 million paid users as compared to Apple Music’s 36 million. But as we’ve seen so many times before, statistics can be deceiving. According to an article in the Wall Street Journal (subscription required to […]Continue reading
All of the major labels have been out of contract and on a month-to-month basis in their licensing agreements with YouTube for some time now, but the first domino has fallen as Warner Music Group reported that it’s just completed a new deal with the video service. Even though no terms were announced, it’s easy to […]Continue reading
The major record labels are adamant about keeping the price of a music streaming subscription at $9.99 per month, regardless of the platform, so it was a great surprise last week when Amazon announced that its new Amazon Music Unlimited service was priced at $7.99 per month forÂ Amazon Prime members. It turns out that the […]Continue reading