WED. BRIEF: Sony Embraces Reality 360 Audio • SiriusXM Passes 34M • Pitchfork Founder Exits • More

WEDNESDAY 1.9.19 Music Business News From Around The Web Updated continuously under the More News tab

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Most Influential Music Blogs

Never underestimate the power of music blogs in a marketplace where an almost unlimited number of voices are screaming for attention. We look at the Top 25 of the 200. Continue reading

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YouTube Names Kurt Patat Global Head of Consumer and Entertainment Communications

Kurt Patat has named Global Head of Consumer and Entertainment Communications at YouTube.  Before joining YouTube, Patat held several senior level positions at Viacom including SVP of Communications for CMT and. Continue reading

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Nielsen Music 2018 Report: On-Demand Streams Up 49%

Nielsen Music has released it 2018 Year-End Highlights. The survey shows a year of significant overall industry growth, with total album equivalent audio consumption up 23% over 2017, driven by. Continue reading

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Hip-Hop Dominates U.S. Streaming, But Not Physical Sales

Here we look at some fascinating new data from market analyst BuzzAngle, revealing some interesting trends in America's music consumption habits. One thing at least is clear: hip hop reigns. Continue reading

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RPM Music Distribution Shuts Down Without Warning

RPM music distribution has shut down without warning. The Concord, Ontario based company whose distribution and one-stop clients include independent labels Concord, eOne, Drag City and Rough Trade. A letter. Continue reading

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Online Media’s New Model

In this piece, Daniel Pines looks at how mainstream media is reinventing itself in order to accomodate the rise of independent online content creators, and how this new media model. Continue reading

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Spotify (NYSE: SPOT) To Post Q4 Financials

Spotify (NYSE: SPOT) will post its fourth quarter 2018 financial  on February 6th before the market opens. This week, four key analysts downgraded the streamers target price. 

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When Economic Theory Fails: A Critical Look At Waldfogel’s Digital Renaissance

In this piece, Neil Turkewitz digs deep into the recently released book by Joel Waldfogel entitled "Digital Renaissance: What Data and Economics Tell Us About the Future of Popular Culture,. Continue reading

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Deutsche Bank Raises UMG Valuation 45% To $33 Billion As Sales Search Continues

Deutsche Bank has raised its valuation of Universal Music Group 45% to $33.19 billion, up from a previous  $22.86 billion. That values UMG higher than the market capitalization of its. Continue reading

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Top Analysts Cut Spotify [NYSE: SPOT] Stock Price Target, See Rough Ride Ahead

Four top stock analysts have shifted to a bearish outlook for Spotify (NYSE: SPOT). Monday, Guggenheim, Deutsche Bank, Stifel and Nomura reset their target prices to $120, $135, $170 and. Continue reading

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