REWIND – The New Music Industry’s Week In Review: BMI • WMG • Spotify • Rdio • NPR • More
Another eventful week in the new music industry: BMI scored a major victory for songwriters, streaming revenue passed downloads for the first time at a major label, Spotify unveiled a surprising stat and. Continue reading
Spotify Says It’s Responsible For 10% Of All U.S. Label Revenue
Spotify claims to have been responsible for 10% of all U.S. record label revenue in the first quartet of 2015. The stat came from Will Page, Spotify's director of economics. Continue reading
Rdio Makes A Move To Go After The Squeezed Middle
Streaming monetization is polarized between premium subscriptions on one end and free streaming on the other. The middle ground that was the scale heartland of the CD and the download. Continue reading
Streaming Music Revenue Passes Downloads At Warner Music Group For 1st Time
It's generally accepted that streaming is how the majority of music will be consumed in the near future; and for the first time ever at a major label, income from. Continue reading
Full Text Of Letter To YouTube Creators Forcing Participation In Paid Subscription Service
Yesterday, YouTube sent a letter to top creators signalling the coming launch of ad free paid subscriptions. Creators were told to agree to new the terms of service or face. Continue reading
EDM Giant SFX Reports $350 Million Loss
Robert Sillerman saw vast profits in EDM and said he'd bring those dollars to Wall Street. But as the company's latest financial report shows, despite an impressive list of acquisitions,. Continue reading
Pandora Earnings Disappoint, Stock Plunges, $439M Paid To Rightsholders In 2014
UPDATE: After falling as much as 26%, Pandora stock rose slightly in after hours trading, settling at $14.90, still down almost 20%. Pandora stock fell on news that the music. Continue reading