Tag: music tech

Spotify royalty debate

Spotify [NYSE: SPOT] stock up 8% in the last two days

Spotify stock closed Tuesday at $231.92, up $8.67, a gain of 3.88%. Earlier in the day NYSE: SPOT was up as much as 8.64% after the streamer delivered a strong Q4 2023 report.

Bruce Houghton on 02/07/2024 in Music Business | Permalink | Comments (0)
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playlist

Spotify, WMG, Deezer execs on artist-centric payments, streaming fraud and ‘the new free goods’

Executives from Spotify, Deezer, Warner Music Group and more share some candid comments on artist centritc royalties, streaming fraud and more on a recent panel…

Alana Bonilla on 02/07/2024 in Music Business | Permalink | Comments (0)
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Half of all Grammy 2024 winners were independent!

Half of 2024 Grammy winners were on independent labels, according to A2IM (American Association of Independent Music), including 4AD, Candid, Concord, Cosmica Artists, Craft, EMPIRE, Fantasy, Loma Vista Recordings, Mack Avenue, Reach Records, Single Lock, and Thirty Tigers…

Bruce Houghton on 02/07/2024 in Conventions & Awards | Permalink | Comments (0)
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Spotify

Four big music takeaways from Spotify’s earnings call

While Spotify’s Q4 earnings call focused more on podcasts, audiobooks, and bottom-line numbers than music, there were still some critical music-related takeaways.

Bruce Houghton on 02/06/2024 in Music Business | Permalink | Comments (0)
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Spotify per-stream rates

Spotify passes 602 Million Monthly Active Users

Spotify added 28 million Monthly Active Users (MAUs), including 10 million paid users, in the last three months, the second-largest-ever Q4 gain.

Bruce Houghton on 02/06/2024 in Music Business | Permalink | Comments (0)
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Luminate acquires Artist ID database Quansic

Music and entertainment data provider Luminate, whose clients include Billboard and its popular Charts, has acquired Quansic, a global music artist identification service.

Bruce Houghton on 02/06/2024 in Music Business | Permalink | Comments (0)
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Mogul ‘always on’ royalty tracking for musicians launches with $1.9M funding

Newly launched Mogul tracks dozens of input and income streams, including PROs, distributors, labels, and music publishers, to let artists and managers see their entire business in one place. While. Continue reading

Bruce Houghton on 02/06/2024 in D.I.Y. | Permalink | Comments (0)
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New Apple royalties favor Majors at the expense of independent artists, say indie labels

indendent labels and artists are upset by what they say is the unfair advantage that Apple Music gave major record labels with its recent 10% increase in royalty payments for. Continue reading

Bruce Houghton on 02/05/2024 in D.I.Y. | Permalink | Comments (0)
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Threads adds 1M daily

Is Threads dead? No, say 130 million active users

Threads launched with a bang. Thirty million signups in its first 24 hours, then 100 million in less than a month, and then an apparent falloff in user interest. Did. Continue reading

Bruce Houghton on 02/05/2024 in Music Marketing | Permalink | Comments (0)
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Your Morning Coffee Podcast

Your Morning Coffee Podcast: UMG, TikTok battle • $1.38B in Spotify misuse • new Women in Music study • More

Episode 182 of Jay Gilbert and Mike Etchart’s podcast Your Morning Coffee: Weekly News for the New Music Business is available now. Episode 182 On this week’s episode of the. Continue reading

Bruce Houghton on 02/05/2024 in Music Business | Permalink | Comments (0)
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