The industry gave a collective gasp of horror when founder Tim Westergren was pulling down $1,000,000 by selling of Pandora stock while simultaneously fighting artists with royalty loopholes. Chris Castle writes that Spotify's Daniel Ek is leaving Westergren in the financial dust with a monthly windfall of $20 million.
With news that Spotify had invested in DistroKid and offer it as a distribution conduit to other music services, came speculation as to the music streamer's greater motives. MIDiA analyst Mark Mulligan sees the move as part of Spotify’s strategy to work way up music's value chain by "a) removing some of the distribution component and b) entering into direct relationships with artists." But how will the record labels react?
SoundCloud Makes DJ's Lives Easier with Native Instruments, Serato, Virtual DJ, DEX3, Mixvibes, Hercules Integrations
Underscoring the growing importance of independent music and labels, indie global rights agency Merlin has announced several significant new appointments. Merlin membership includes tens of thousands of independent labels in 57 countries.
Spotify is strengthening ties to DistroKid with an investment and announcement of an integration that allows artists using Spotify For Artists' new free upload service to then seamlessly distribute their music to other platforms through DistroKid.
A Spotify playlist created by NewYork - Presbyterian Hospital, contains only songs with 100 and 120 beats per minute, the perfect rate to perform CPR to. The diverse playlist includes wonderfully appropriate songs like the Bee Gees' "Stayin’ Alive" and "I Will Survive" by Gloria Gaynor, and some so, like Mariah Carey’s "Heartbreaker."
Spotify recently surprised many by offering no cost music uploads to the service to all artist. Still, most artists and labels will choose to use a distributor for their other services and because they need them to get on other music services. So to help those artists, Spotify offers a list of Preferred Distributors; and just five make the cut.
In this new music economy, pitching to playlists has become an essential part of a musicians promotion, as solid streaming placement can often propel an artist toward major success. Here we look behind the curtain at what the pitching process is actually like when it comes to Apple Music.
A new report from the IFPI has confirmed suspicions that, yes, a lot a of people are listening to a lot of music, a lot of the time. While this may not be much of a surprise, the annual report does provide some interesting additional data on when and where listeners across the globe are consuming their music.
Classical music powerhouse Naxos of America today joined a growing list of labels and distributors pulling it's 1.8 million track, 80,000 album owned and distributed catalog from eMusic due to " continued non-payment, as well as non-reporting."
The statistics for women in country music could not be more stark. Of the Top 50 songs on country radio in the week of October 1st, just six were performed by women. Look beyond radio to streaming and other forms of consumption, and the numbers are even more dramatic.
Artists and record labels are losing $2.7 billion in revenue each year because many small business owners use their $10 per month personal accounts to stream music in their retail shops and cafes, rather than pay for a $35 per month commercial license.
As streaming continues to establish itself as the dominant form of music consumption, we're taking a look at the state of radio in 2018, and how American's love affair with listening on the road has helped keep radio alive as a viable portion of the market.
Mixcloud has signed a multi-year direct licensing agreement with Universal Music Group. Under the deal, UMG artists will be compensated for use of their music on Mixcloud's ad-supported and yet-to-launch subscription crowdsourced radio platform.
Apple has acquired streaming analytics startup Asaii to bolster Apple Music. First word of the deal came when Asaii founder and CEO Sony Theakanath changed his Linkedin to reflect his employment at Apple Music.
Radio streaming service Pandora and popular photo sharing platform Snapchat recently unveiled an exciting new partnership where users of both platforms will be able to share their Pandora listening habits over Snapchat, all in hopes of increasing engagement.
Recording Academy chief Neil Portnow was introduced by Trump as, "in the world of music [he] is big stuff." But key industry players were invited, then uninvited to the signing of the bipartisan Music Modernization Act
The International Federation of the Phonographic Industry (IFPI) has released its Music Consumer Insight Report 2018. The study examines how consumers in key demographics engage with recorded music across twenty of the world’s largest markets for music.
[UPDATED] The Music Modernization Act was signed into law by President Trump today. The multifaceted legislation had widespread industry support as an overdue overhaul of antiquated licensing laws. But what is the MMA and what does it mean for you?
The Music Modernization Act is finally the law of the land. With Kid Rock at his side, President Trump signed the bill on Thursday in the White House's Roosevelt Room. Almost universally approved of by the music industry, the multifaceted copyright and royalty legislation passed both Houses of Congress on unanimous voice votes.
While Chinese streaming giant Tencent Music Entertainment's announcement that it was planning to go public in the US was in and of itself major news, a revelation that both Sony and Warner Music would each be dropping a cool 200 million on the company before they even filed has served to further spice things up in the industry.
The Genius crowd-driven lyrics database is now available on Apple Music as part of an expanded partnership. Apple Music subscribers who visit Genius will also be able to play full tracks from the song page by signing into their Apple Music account.
President Trump is expected to sign the Music Modernization Act at 11:45 ET today, Thursday October 11th. Kanye West, who has been confirmed for lunch at The White House today, will be joined by Kid Rock for the signing, according to multiple sources.
President Trump is signing the Music Modernization Act at 11:45 ET today, Thursday October 11th. Kanye West, Kid Rock and music industry leaders are expected to attend. Watch Trump Sign Music Modernization Act Today At 11:45ET:
It's been a minute since SiriusXM bought up streaming service Pandora, a purchase decision which should greatly benefit the satellite streamer in a number of areas. including making it the worlds biggest audio entertainment company.
October marks 10 years since the launch of Spotify. The streamer is celebrating the milestone with a “Decade of Discovery,” a decade-long look back at some of the biggest discoveries in music, as told through the lens of Spotify artists and fan insights, including the most globally streamed artist of the decade, the top 10 songs annually the past ten years and the first artists to hit a billion streams.
Indie music distributor DistroKid has received "a significant investment" from Silversmith Capital Partners, a Boston-based growth equity firm. DistroKid currently serves 250,000 independent musicians with digital distribution, as well as, royalty collection and management.