Tag Archives for " Spotify "
Apple recently confirmed that it acquired the audio recognition app Shazam for a cool $400 million. The price actually surprised analysts at how low it had fallen, given that the company was valued as high as $1 billion in the past. That said, Apple had to beat both Spotify and Snap in a bidding war […]
Continue readingIt’s been a fact of life in the recorded music business that the records known as “frontline” releases get all the attention. The big marketing dollars, the promotion, and any sales push is reserved for only the latest releases, and that attention changes pretty quickly on to the next new one unless it’s a big […]
Continue readingSpotify just released its list of most streamed artists for 2017, and while many are household words, the extent of their popularity might surprise you. For instance, Ed Sheeran was the platform’s top streaming artist with over 6.3 billion streams this year, dethroning Drake who was number one in 2015 and 2016. Rihanna was the top streaming […]
Continue readingIt’s been reported that Spotify and Chinese Tencent Music Entertainment Group are in talks to acquire 10% of each other, and should the deal go down, there’s no other way to look at it than a strategic maneuver that has nothing to do with their subscribers. No, this all about stockholders – actually potential stockholders […]
Continue readingWhenever we think of the top music market for an artist, the major city centers of New York, Los Angeles or London immediately come to mind. One that’s been off the radar but is coming fast is Mexico City, and it’s already the #1 market for a diverse number of artists like Diplo, Adele, Dua Lipa, Radiohead, Shania Twain, Harry […]
Continue readingFor a company that can’t yet turn a profit, Spotify is sure acting like one. It keeps on hiring more people and renting super expensive office space like it’s going out of style. Word comes that it will soon double its UK workforce of 200 people, and that it just rented about 60,000 square feet […]
Continue readingNicholas Mishko is an artist manager who brings a blend of old school wisdom to modern management. After a stint at Abkco Music and Records in the New York watching deals for music by legacy artists like The Who and Rolling Stones, Nicholas was well armed for negotiating recording and publishing contracts. That’s a skill […]
Continue readingYou’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 […]
Continue readingThere 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, […]
Continue readingAt 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 […]
Continue readingIn 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 […]
Continue readingGoldman Sachs raised some eyebrows recently with it’s latest Music In The Air report that predicted the streaming music market alone would increase to $28 billion per year by the year 2030. Sounds great, but considering that the industry’s greatest revenue year to date brought in $27.4 billion (in 1996 during the height of the […]
Continue readingSpotify 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 […]
Continue readingWe keep hearing about the trickery taking place on both Spotify and Apple Music where artists are trying to game the system by posting album length songs of silence that repeat over and over in order to boost royalties. Thankfully, most streaming services are now on the lookout for these fakes, but there is one […]
Continue readingIf you haven’t been paying attention, Spotify recently settled a lawsuit over unpaid mechanical royalties to songwriters. The suit maintained that the company didn’t have the license to play some of the music available, while Spotify claimed that it didn’t have the information to adequately disburse the payments. Instead of fighting the lawsuit in court, […]
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