Tag Archives for " streaming revenue "
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 […]Continue reading
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 everyÂ minute from streaming in the first quarter of 2017. To put it into perspective, that means $540,000 per hour and $12.5 million everyÂ day! If […]Continue reading
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 […]Continue reading
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, […]Continue reading