While paid streaming subscriptions have, in many circles, been billed as the savior of the music industry, the reality is that the business is still operating at a severely reduced capacity since the devastation visited on it in the early days of digital.
Appearing on one of Spotify's playlists has, in many ways, become the Holy Grail of the music industry for up and coming artists, but doing so could soon get harder, thanks to the platform's rollout of its 'personalized playlists'. Here, we look at the impact and how artists can work around it.
[UPDATED] In this guest post, National Music Publishers Association head David Israelite explores how social media has shifted public opinion toward the songwriters and music publishers in their battles with Spotify, YouTube and other music services.
Musician, author and artist advocate Ari Herstand visits with Jay Gilbert on the Music Business Weekly Podcast to discuss digital distributors, Spotify listeners and his book ‘How To Make It in the New Music Business: Practical Tips on Building a Loyal Following and Making a Living as a Musician.’
While many television consumers have cut the cord and are eschewing traditional cable in favor of streaming options, it seems these same streaming services are taking up some of the practices which made cable so unappealing in the first place, and consumers are less than thrilled.
African based music streamer Boomplay Music has raised $20 million in Series A funding to expand across Africa. The company reports more than 44 million app downloads and is adding an average of 2 million new subscribers monthly.
Apple Music has more paid subscribers that Spotify in the United States, according to a new report from the Wall Street Journal, citing sources familiar with the figures. Apple has been adding subscribers at a faster rate than Spotify, both in the US and globally.
Spotify's $500 million move into podcasts appears to already be paying off for the audio streamer. New data shows Spotify has surpass Apple to become the dominate podcast player in Mexico, Spain and Italy and all of South America.
Daytrotter has closed its Davenport Iowa venue space and recording studio and will relocate to Atlanta.The move will put Daytrotter closer to Paste Magazine, the online publication that hosts Daytrotter’s catalog of more than 7,000 live music sessions. The Atlanta studio will be open by July 1.
Roger Lynch, the former CEO of Pandora, has been named the first global CEO of Condé Nast and will join the media and publishing conglomerates's board. Condé Nast’s whose portfolio includes Pitchfork, Wired, ars technica, Vanity Fair, Vogue and GQ is merging its US business with Conde Nast International in London, with Lynch in charge
The race to the bottom continues as Apple Music cuts streaming music subscription rates in India weeks after Spotify and YouTube Premium launched there. New individual subscriptions have been cut to Rs 99/$1.43 monthly.
Much as streaming has replaced traditional album sales, Spotify and Apple music 'pre-saves' have replaced pre-orders. While these pre-saves are certainly good news for artists as a metric of gauging listener interest, there is concern that artists are missing out some valuable listener data as a result.
Why Would Anyone Invest In Post-Bankruptcy iHeartMedia? Because 'Radio Motivates Behavior' says Fred Jacobs
At a time when more younger listeners are tuning out in favor of streaming and other forms of media consumption, broadcast radio giant iHeartMedia is hoping to raise $100 million in an IPO. If an aging audience isn't enough to scare off investors. the fact that iHeart is just emerging from a multi-billion dollar bankruptcy may do the trick.
Streaming may get all the headlines, but it is far from the only factor that's driving strong and and sustained growth in the recorded music industry; and the ripple effects of these trends will reshape the music industry for years to come. MIDiA analyst Mark Mulligan offers 10 trends reshaping the music Industry.
For artists who are in it for they long haul, its important to think past their next release and to look at the big picture, spending time growing strong, engaging personas and building a personal brand that will last over time.
Radio giant iHeartMedia has filed for a $100 million IPO, even as it just emerges from bankruptcy. William Paterson University Music Business Professor David Philp takes a look at the state of terrestrial radio, its less than graceful handling of the internet's rise, and why it needs to adapt, as radio's core audience ages out while simultaneously switching to other forms of audio entertainment.
SiriusXM and Pandora has launched the first cross-platform listening experience since the satellite broadcaster acquired the streaming service. Leveraging Pandora's listener data, Pandora NOW is be both a SiriusXM channel and a Pandora interactive station and playlist for its combined audience of 100 million listeners.
As with so many consumer practices, piracy has its own trends which, in the age of streaming, most recently took the form of stream-ripping, an illegal process whereby, content is 'ripped' from existing streaming sites. Fortunately, this practice appears to be on the decline, according to a recent report.
Red Bull Music Academy and Red Bull Radio will shit down after 21 years, the company announced Wednesday. Both will cease operations by Oct. 31st as the global beverage giant shifts its substantial marketing budget to a more localized approach.
Two and a half years ago, Drake's “One Dance” became the first song on Spotify to be played one billion times. This week, the 25th song joined the billion stream club. Here is the list of the the all the songs played 1 billion or more times on Spotify.
Spotify has hired Chaka Zulu to head artist and talent relations. Zulu is the long term manager of rapper Ludacris and co-founder of the Disturbing Tha Peace label. He replaces Troy Carter who exited the streamer several months ago. He shared the news via a post on Instagram.
With the new Show.co's Ad Builder tool, artists can easily create an ad capable of reaching Spotify's massive listening population, with targeting based on the geography and genre interests of listeners. Here Chris Robley outlines some key tips for actually recording and producing these audio ads.
The global recorded music market was up 9.7% in 2018. That's the fourth consecutive year of growth, according to the recorded music industry trade group IFPI's Global Music Report 2019. Total revenue for 2018 was $19.1 billion.
TUE. BRIEF: Pandora To Test Interactive Ads, Playlist Diversity, Symphonic & Reservoir To Nashville, More
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As iPhone and hardware sales slowed, Apple has sought new revenue streams; and like it has with Apple Music is shifting to a revenue strategy based more on content and subscriptions. It will be a difficult and expensive journey, says MIDiA analyst Mark Mulligan' that will reshape the entire digital content landscape.
Spotify has recently been testing the waters with its new personalized editorial playlists, a kind of hybrid between curatorial and strictly algorithmic playlists. Here Chris Robley outlines what artists need to know about this new listening format entering the streaming arena.