Spotify ‘Seriously’ Explores Nixing IPO In Favor Of Direct Listing, Motivated By $1B Funding Terms
This week's announcement that Spotify had cut a multi-year licensing deal with UMG, and the subsequent deals with other rightsholders that will certainly follow, paves the way for Spotify to. Continue reading
Streaming Now Generates More Revenue For Music Industry Than Downloads, Physical Combined
Double digit growth in streaming in 2016 meant that Spotify, Apple Music and their competitors now account for 51.4% of all U.S. music revenue. Digital downloads were 24.1% in 2016 and. Continue reading
A New Strategy For Releasing Music
As the music industry continues to change, so too must the strategy for releasing music. With the single once again more important than the album, artists and labels both big and. Continue reading
Drake’s “More Life” Is The New Normal In Streaming
Like Ed Sheeran days before, Drake has shattered multiple streaming records with the release of his 20 track "playlist" More Life. But with this release, Drake is also rewriting longstanding rules. Continue reading
MelodyVR Pacts With Universal Music, It’s Second Major Deal
Music virtual reality company EVR Holdings announced Monday that its MelodyVR subsidiary has signed a licensing and revenue share agreement with Universal Music, the world's biggest music group. The company. Continue reading
Chance The Rapper Says Apple Music Paid $500,000 For 2 Week “Coloring Book” Exclusive
After weeks of questions from insistent fans, Chance The Rapper shared that Apple Music had paid $500,000 last year for a two week exclusive on his then highly anticipated "Coloring. Continue reading
REWIND: The New Music Industry’s Week In Review
In this final re-visitation of a full seven days of music industry news, Ed Sheeran's 'Divide' smashes records, music streamers are paying less to licensing orgs, Jimmy Buffet over extends. Continue reading
