Tag Archives for " streaming revenue "
August 9, 2017
Warner Music Has Best Quarter In 14 Years
It wasn’t that long ago that the recorded music industry was completely in the doldrums, knocked down to less than half its peak business by a failing physical recording business that showed no signs of being replaced by downloads. Everyone predicted the worst as there was absolutely no faith that the fledgling streaming services could […]
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May 22, 2017
The Major Labels Make $9000 Every Minute From Streaming
For those that said that streaming revenue would never replace that from CDs there’s this – According to a study done by Music Business Worldwide, the major labels made around $9000 every minute from streaming in the first quarter of 2017. To put it into perspective, that means $540,000 per hour and $12.5 million every day! If […]
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October 7, 2016
Industry News Roundup For The Week Of 10/7/16
Here’s the music industry news roundup from the week of October 7th, 2016. There’s a little less on streaming this week for the first time in a while, but still lots to cover. Let’s get to it. Music supervisors don’t think they’re hurting songwriters. I wrote about this last week and now a music sup responds. The bottom […]
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May 16, 2016
Universal Music Makes Nearly $4 Million A Day From Streaming
Who says that there’s no money in streaming? It seems that all of those micro-payments add up after all as Universal Music Group is making about $3.9 million per day just from streaming music, according to its parent Vivendi’s first quarter earnings statement. In fact, UMG’s streaming revenue was up almost 60% over the previous quarter, […]
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