Spotify has passed 232 million monthly active users, up 29% since this time last year, including 108 million paid subscribers, up 31% YoY. The new stats were one of many strong new numbers shared by the streamer in a Q2 earnings report on Wednesday.
Currently only available in Swedish, Spotify Untold recounts the "hero's journey" of Spotify CEO Daniel Ek. Chris Castle explores the curious timing of the book's release and its correlated US book tour.
Sharing your music with the world has changed dramatically since the days of busking, with developments in online tech making instant distribution an easy reality. Currrently, SoundCloud is one of the most artist-friendly platforms available - but how can you use it to reach the right audience for your music?
[UPDATED] Spotify (NYSE: SPOT) will report earnings results for the second quarter of 2019 on Wednesday before the market opens. While continued growth is expected, analysts disagree on how far away the streamer remains from profitability.
Michael Sherman, Feature.fm Director of Business Development joins Michael Brandvold and Jay Gilbert on the Music Biz Weekly podcast. Feature.fm builds marketing, advertising, and analytics tools that help artists and labels promote their music to the right audience.
Stream-ripping sites, the new boogymen of the music industry, have been under heavy assault lately, a crusade which YouTube has happily joined in on. Unfortunately, these attempted shutdowns have been carried out with a typical lack of nuance which is now to be expected.
¡Viva Latino! has been growing 5x times faster than any other Spotify playlist in its top 1000. The streamer's flagship Latin playlist has propelled numerous Spanish-language songs into the Global Top 100 and Top 50 charts. Now, ¡Viva Latino! has surpassed an impressive 10 million followers.
Spotify has appointed Sulinna Ong to the newly-created role of Head of Music in the UK and Ireland. Ong initially joined Spotify in April as Head of Artist & Label Services. She came to the streaming giant from Deezer, where she served as Global Vice President of Artist Marketing.
T'Spotify Untold' offers a behind-the-scenes "character-driven story of Spotify’s rise from a tiny start-up to the biggest music streaming company in the world,” and the new book is filled with some juicy revelations.
Recently AFEM and CI collaborated to create a "Meta Data Best Practice Guide", a definite must read for artists, particularly those who don't fully understand what metadata is, or why it's so important for artists to have, living as we are in the streaming age.
Although the sale of physical music is still a large part of the revenue pulled in by major labels, their whole-hearted embrace of streaming has caused them to neglect traditional retail sales, with some fairly disastrous results.
Is Spotify on a path to become the "dominant player" in streaming or one that lacks a path to profitability and "little content differentiation" from its competitors. Two top Wall Street analysts offer two very different views of Spotify's future.
Given its incredible size and striking diversity of population, breaking down the entirety of Brazil's music consumption data is a herculean task. Luckily, thanks to a spike in technological developments throughout the country, music consumption has standardized to some degree, making an accurate break down more achievable.
Pandora Adds Conversational Voice Mode For All Users 'that sweeps the floor with anything else out there'
This morning, Pandora rolled out Voice Mode for all users. The advanced, conversational voice interface combines voice-recognition and Natural Language Processing with Pandora’s Music Genome Project personalization technology so that users can talk conversationally with Pandora as specific or vague as they want.
The official video for Queen’s 1975 single “Bohemian Rhapsody” has now passed 1 billion views on YouTube. The video is the first pre-1990s song to reach 1 billion views on YouTube. “Bohemian Rhapsody” is generally recognized as the first-ever promotional music video.
With efforts to fight music piracy seen as largely successful, at least one music trade group executive is saying out loud what others in the industry have only dared whisper - the real problem keeping artists and labels from earning more from music isn't stream-ripping, it is the free music offered by Spotify and YouTube.
UPDATED: Spotify clearly filled a need with the launch of its Spotify Lite app, which takes up one-third of the space on the users mobile, while still maintaining most of Spotify's popular features. Spotify Lite grabbed more than 1 million global users in its first week.
YouTube Premium and YouTube Music Premium subscribers can now seamlessly transition between a song and its music video. Users will now see a video button at the top of the screen as they start listening to a song, and with a tap, they can watch the music video or flip to the audio at the same point in the track.
Spotify monthly active user counts are one of the most important metrics used by the music industry - radio, media, A&R and more - to judge how hot an artist is and the size of their fan base. But how does Spotify calculate monthly active users? Is it unique listeners or total listens? Is it calendar monthly or last 30 days?
Sony Corporation chief Kenichiro Yoshida has announced that the company will bring together its recorded music and music publishing businesses outside of Japan under the umbrella of Sony Music Group Sony Music Entertainment CEO Rob Stringer will now run Sony Music Group as well as Sony Music Entertainment.
In this third part in a series exploring music "trigger cities", Jason Joven pf Chartmetric takes an in-depth look at Latin America's music consumption stats to explore how listeners there are precipitating the exponential growth of Latin music's global popularity.
At the heart of the music business almost since its inception, major labels have successfully weathered multiple challenges to their industry dominance. But as music once again reinvents itself, can the major labels continue cling to power?
Regardless of who's getting the money, it is undeniable that streaming has made the music industry lucrative again. Now, as the business works to reinvent itself, are historically downtrodden artists finally coming out on top, or are record labels and management siphoning off all of the profits?
On-demand music services including Apple Music, Pandora and Spotify will top $8 billion in revenue in the U.S. this year, up 33% as increased adoption of products like wireless earbuds and smart speakers help drive more music subscriptions, according to a new Consumer Technology Association survey.
As streaming continues to grow as the dominant form of music consumption, AI powered algorithm-based playlist marketing could be boxing out more niche genres of music and limiting the variety available to listeners.
Indian rapper Badshah’s new music video ‘Paagal’ has broken the YouTube 24 hour debut record held by BTS with 75 million views, according to his label Sony Music. But the milestone appears to have come thanks, in large part, to a big Google AdWords spend from the label.
ROXi Music, the manufacturers of music streaming service and device ROXi has chosen investment bank Arden Partners to prepare its initial public offering in the fourth quarter of 2019. The offering will be floated on the alternative investment market (AIM) of the London Stock Exchange.