What if Spotify compensated popular playlisters?The disruptive nature of the internet has dramatically affected a variety of industries, with music no exception. But what changes occur as early adopters of platforms like YouTube transition into being sponsored professionals, and what is the potential for the same sort of evolution on Spotify.
Eager to beat Apple Music's June 30th launch to the punch, Google recently announced its newly-launched free music streaming service. Beginning this Tuesday, the search engine giant is introducing a free version of Google Play Music that allows users to listen to custom-made radio stations based on time of day, mood, artist or other factors.
AdShare, a premier social media monetization service for music, film, television and sports rights-holders, has tripled its global reach, expanding their worldwide operations into 14 countries and territories.
Big brands are turning to indie musicians for the soundtracks to their marketing campaigns. In an interview with Forbes, Eric Sheinkop, CEO of Music Dealers, the company responsible for bridging the gap between indie artists and some of the largest global brands said “Ads need to do more than just advertise a product or service. They need to bring real value to their consumers and music is the strongest way to do it." So why are the best known brands in the world opting for unknown artists?
SFX Entertainment has spent a considerable amount of time and energy focusing on the Electronic Music sector. Staking claim to hundreds of dance festivals in two years time, SFX hopes to gain the attention of electronic music fans when they relaunch Beatport.com, a 10 year-old digital music store SFX acquired last year. In lieu of selling downloads, the site will operate as a free, ad-supported music streaming service where fans will be able to listen on-demand catalog of primarily electronic music.
Facebook executives drew a line in the proverbial sand on Friday when they announced their plans to restructure the way posts placed by brands appear in newsfeeds. As if it hasn't been hard enough to gain organic reach, Facebook has essentially closed the door on anything other than paid advertising. Starting in January, as Facebook told marketers, if you want to reach customers on Facebook, you'll need to buy an ad. This change could arguably be long overdue for commercial brands raking in revenue at minimal advertising cost, but if you're a band on a budget or a musician trying to jumpstart a career, and you plan on using Facebook to reach your fans, it looks like you'll need to adjust your finances accordingly.
By Bobby Owsinski on Music 3.0
We now live in a world where it's really easy to skip a song that we're listening to if we're not satisfied. This is a revelation of sorts because it wasn't always that way on a personal level in the days of vinyl and even CDs, and of course it's still like that when it comes to radio. But in today's streaming world a new choice is only a click away to switch to something that's more to our liking.
By Chris Robley on The DIY Musician Blog
After much anticipation, YouTube has just announced the launch of its subscription streaming service: YouTube Music Key. YouTube Music Key, available in the US and 6 European countries, will let subscribers listen to ad-free music (including full albums in high quality audio) AND watch music videos — even when offline — for $9.99/month (though the introductory price is $7.99). And YOUR music (and “Art Tracks” videos) could be available on YouTube Music Key soon!
When Universal first unveiled their intent to use retroactive product placement throughout their YouTube catalog, the idea wasn't exactly welcomes with open arms. Since the announcement, the inserting of new ads in old videos has taken place and really isn't as bad as initially projected. In a recent interview with Rolling Stone, Ted Micco of Mirriad speaks to the technology that allows for the doing away or pre-video advertisements.
Op Ed by Dae Bogan of DaeBoganMusic.com
Earlier this week, hundreds of budding entrepreneurs convened at the SF Music Tech Summit XIV to network with potential future collaborators, gain insight from established industry pros, and promote their startups. Hopeful to become the next big thing in music tech, founders shuffled from room to room soaking in as much insight as possible while exchanging business cards along the way with anyone who gave them an ear for a quick pitch.
Big brands are finding all sorts of way to connect with youth and that elusive thing called cool. But most of all, when they get serious about that mission, they focus on music as the connector. Efforts may involve other elements but music is the key. Budweiser's strengthening its brand with Budweiser Made For Music offering support for producers and djs in the early stages. American Express is the launch partner for a new project, MADE Music, from a company that specializes in coolness and youth.
8tracks is a leading web radio music service that is also profitable. They currently have a combination of sponsored playlists and recently introduced video pre-roll ads to their ad-supported service. But 8tracks CEO David Porter told RAIN News that they're getting into audio ads because music listeners are increasingly going mobile. They're kicking things off with a partnership with AudioHQ which launched this month with a hybrid audio ad network that offers premium inventory via programmatic sales.
Spotify’s marketing platform, Spotify For Brands, has added two video ad units, Sponsored Sessions and Video Takeover, designed to attract more ad dollars to support the company's free music platform. Launch partners for Spotify video ads include Coca-Cola, Ford, McDonald’s, NBC Universal Pictures, Kraft/Mondelez, Nike, Sprint, Target and Wells Fargo.
Details & Spotify's Video Ad Pitch
The music video is just the starting point for a fan's journey thanks to embeddable links from hot video-meets-commerce startup Wirewax. Whle watching a video, click on a shirt worn by the artist and its takes you to an e-commerce site ready to sell it. Click on a singer's anguished face and it takes you the lyrics or on a deeper dive to what motivated her to write the song.
The First Shoppable Music Video
Apple recently dropped a new tv spot for the iPhone. Touting the smartphone as a parenting tool, the ad showcases a number of related apps over a bed of music sung by Julie Doiron of Sub Pop's Eric’s Trip. The simple and pleasant track "Life Of Dreams" comes from Doiron's long forgotten 2009 solo album ,"I Can Wonder What You Did With Your Day." [Kudos to the song plugger or music supervisor who unearthed it.] WATCH:
Spotify wants sponsors to pay so that listeners will be interrupted by fewer ads. The streaming music service is pitching a new ad unit that would eliminate all the ads on an entire playlist if the user will watch one mobile video spot. With the vast majority of Spotify users opting for free service and 65-70% of revenue paid to rightsholders, the success of Spotify's efforts to lure advertisers is essential to the company's future.
Kayne and Kim are a couple of days into there honeymoon; and that PR bonanza added to World Cup mania has proven a winning combination for Adidas. Titled "The Dream", the spot which features Kayne's new track "God Watch" has over 27 million YouTube views a few days after release. How much has the use of music in commercials evolved? If a track titled "God Watch" by the mercurial West weren't controversial enough, the lyrics include the line, “You see sharks in the water. Then they try to do nothin’ but put cocks in your daughter.”
Last night Vevo announced quite a bit of news at its NewFront pitch. Of special interest is a deal with Mirriad, a company that inserts ads into surfaces shown in the video. It's a smart use of the ad spaces created within the video's narrative for product placements after the fact. For artists whose songs are played repeatedly over time, this innovation could offer a revenue stream that ages well.
Building a website can be overwhelming - especially if it's your first build - but websites are becoming a necessary entity in today's music industry. When planning to build or update your sight it's important to stay focuses. Clean designs, clear calls to action, and concise messaging are critical factors to consider when creating your page.
By Audience Development Executive Paul Goldstein of The Content Is King.
[OpEd] Uncertainty rocking both the broadcast radio and record industries has opened an enormous opportunity for recording artists and record labels. Growth for the music industry will come from expanding the overall online radio audience and ad pie at the expense of broadcast radio.