New numbers have revealed that YouTube is more popular than every other streaming service combined, and while there's some suspicion regarding these numbers, there remains a great deal that Spotify could do to make itself a little more user friendly to consumers.
Data shows that interactive streaming has become the dominant form of music consumption, largely replacing previous means of listening, and causing us to look back at the less than lucrative (albeit brief) fourish year period of music downloads.
Although none of it is shocking new data from the most recent IFPI study has given us a glimpse of what a later stage streaming economy might look like, thanks to the numbers coming from Spotify's home country of Sweden.
"I spoke on an incredible panel for AIMP here in New York City a few nights ago all about branding and marketing," writes Ariel Hyatt of CyberPR, "and in a roundtable discussion after, an artist asked me what my history was in the music business. he asked, “How do you know so much about locating super fans and building?”
Chinese streaming company Tencent Music is rumored to be headed for an Initial Public Offering in the very near future, with a valuation high enough to make it the fourth biggest streaming company in North America.
In this piece Bobby Owsinski refutes the idea that technology will "save" the music business, arguing that as long as people want to hear music, there will be a business around it, and that things like blockchain tech can only be so beneficial.
A theory often perpetuated by Spotify maintains that streaming will yield more revenue than downloads or traditional retail sales, as it generates money for the artist with every play, as opposed to a one-time purchase. Unfortunately, streaming is a lot more like traditional sales than Spotify is letting on.
The Music Modernization Act has passed the U.S. House of Representatives, and while much of the bill's content seems positive on the service, there are a number of ways in which it could be altered to favor all music creators.
Having recently gone public, Spotify remains busy making alterations to their service, most recently unveiling an updated interface for those users just now joining at the freemium level, which allows greater access and control over playlists.
[UPDATED] In 2015, MondoTunes offered something revolutionary - free music distribution to the major services. Months later, the company came under fire after it changed the terms. Now MondoTunes, which has rebranded as an affordable flat fee distributor, is working to bring back early customers.
Glenn Peoples documents how the release of a new Manic Street Preachers album slipped under his radar due to a combination of product shortcomings and user error, and how better data can keep it from happening again.
VEZT, the blockchain powered marketplace that lets fans share ownership with artists in their favorite songs, has announced an advisory board packed with music industry leaders and the hiring of Swedish producer and music tech investor Andreas Carlsson as Chief Strategy Officer.
While copyright and licensing law have a lot of catching up to do to be brought into the digital age, the Music Modernization Act's passage by the House Judiciary Committee brings reform much closer. Here we look at what's inside this package of bills.
Although not always recognized as one of the frontrunners in the streaming world, Amazon Music is truly gaining in popularity; reportedly having as many as hundred million active users, double it's count from just six months ago.
Revenues from recorded music in the United States grew from $7.5 billion in 2016 to $8.7 billion in 2017. In 2017, subscription and ad-supported accounted for 65% of U.S. recorded music revenues, up from less than 10% in 2011. 2017 was also the first time in years that physical sales eclipsed download revenues.
In this issue of W. Tyler Allen's GROWTH column, he explores essential growth strategies for artists and the concept of growth marketing as it applies to advancing your career goals in the music industry.
This chart from Statista shows the decline in digital music single downloaded sales in the United States from 2004 to 2017. Last year, 553.5 million digital music singles were downloaded in the U.S., down from 743 million a year earlier.
While producers used to get paid as a result of physical sales, music's decline in the retail sector has mad it difficult for producers to see a return on their work. This could all change, however, with recently the reintroduced AMP act stipulating that producers get paid for streaming.
Maverick Management has appointed veteran label exec Meredith Gardner to the role of Senior Vice President of Digital. In her new posting, Gardner will lead the company’s digital team as well as consult on digital marketing strategies for Maverick’s client roster.
Domain and website hosting service GoDaddy has been ordered to suspend four domains used by music pirates. Mp3Juices-Download-Free.com, Melodiavip.net, Foxmusica.site and Fulltono.me. Each had offered unlicensed mp3 downloads.
With the rise of streaming, access to music (and media in general) has become easier than ever. While one might assume that this would negate any need for illegally downloading music, it appears that piracy is actually on the rise.
As weakening antitrust laws and consolidation of businesses continue, virtually every corner of the music industry is now controlled by a choice few companies, whether its streaming or live music, writes Will Meyer. Here he explores why these monopolies must be taken seriously.
Spring is in the air, and Spotify is headed for a direct listing on the NY Stock Exchange on April 3rd. Unfortunately for the streaming platform and its IPO, investors don't seem too confident about its future.
After a suspicious incident where what appeared to be bootlegs of R&B artist Aaliyah appeared on Spotify, evidence is building that bootleggers are now taking advantage of streaming service's lack of policing.
Spotify is testing Siri-like voice control within its music streaming app. Those testing the feature see a microphone icon and tapping it enables voice commands like “play my Discover Weekly,” “show Roger McGuinn,” “play Darlingside” or "play some new folk.”
Legacy entertainment companies have a long and sordid history of burying innovation and applying a stranglehold to companies which create new services in accordance with consumers' contemporary desires, a pattern which may soon repeat with Spotify, writes Mike Masnick of Techdirt.
[UPDATED] Subscription metrics platform ProfitWell collected date from 7000 users and found that the music streamer is leaving some serious money on the table. For example, consumers are willing to pay $19 per month for a family plan that includes five users, according to the analysts, which is $4 or 26.6% more than their current price.