We've been skeptical of the speed at which SoundCloud has on-ramped artists to its Premier program that allows creators to share in revenue generated ON SoundCloud. Today, the financially challenged music service added DJs and Producers those who can join, though the criteria for acceptance still remains a mystery.
The National Music Publishers' Association (NMPA), which represents U.S. music publishers and their songwriters, along with the Nashville Songwriters Association International (NSAI) are facing off against Google, Apple, Amazon, Spotify and Pandora as the Copyright Royalty Board meets this week to determine how songwriters are paid for the next five years.
What a stream is worth will be debated forever, but one place to start is to ask what revenue it generates. A new study says that monetization is fast approaching $100 per 1000 streaming hours. At the same time, however, payments to creators as a percentage of growing ad and subscription revenue, is falling.
[UPDATE] Spotify launched a new version of its web player on Tuesday. It's a major updates with changes to layout, artist pages, and search. So far, many of the comments from users have been negative. "Oh, cool, they've upgraded Spotify Web Player and made it worse in every single way!," wrote one user.
Last year rumors swirled that Spotify was in talks to buy SoundCloud. Spotify's interest eventually waned, apparently because it did not want strain it's pre-IPO balance sheet. But a new Spotify acquisition could make it possible - even easy - for them to become a SoundCloud-like home for the millions of indie mixes and other d.i.y. content.
Pandora stock closed down 6.5% at $11.66 on Tuesday after Liberty Media CEO Greg Maffei again called the music streamer overvalued, this time at the an investor conference Monday. But is Maffei just doing his best to drive the price down prior to make the Pandora acquisition that his Sirius XM subsidiary has sought for months.
YouTube is currently the streaming service that the music industry loves to hate. But for almost everyone, it is also unthinkable to go without the video behemoth as a marketing channel. After all, YouTube now has over a billion users - almost one-third of all people on the internet. More YouTube stats:
Following the Friday release of Ed Sheeran’s new album ÷ (‘divide’), he smashed streaming records and stormed the global charts, including almost doubling the previous first day Spotify album streams for an artist. Sheeran is currently the most streamed artist there, with over 45.5m monthly listeners. More stats:
Spotify has teamed with SXSW to share the festival's music experience with those unable to travel to Austin. Users can access Spotify SXSW genre-specific curated playlists on the SXSW 2017 hub on Spotify and within the SXSW GO app.
Digital music streaming and social media have created huge new opportunities for grassroots discovery, says Deborah Jourdon, Deezer's VP of Marketing Communications. citing the growth and popularity of human curated playlists; and Deezer's unique Flow feature, which combines machine learning and human curation.