[UPDATED] Subscription metrics platform ProfitWell collected date from 7000 users and found that the music streamer is leaving some serious money on the table. For example, consumers are willing to pay $19 per month for a family plan that includes five users, according to the analysts, which is $4 or…
Category archives: streaming
Spotify Expands Self-Serve Ad Platform To UK, Canada
Spotify is expanding the public beta of its Ad Studio self-service ad platform to the UK and Canada. Nuch like Facebook’s ad platform, Spotify Ad Studio allows marketers to create audio ads on Spotify. In the US, the minimum ad buy is $250. “Spotify Ad Studio lets us connect with…
Spotify Public Stock Debut Set For Week Of April 2
Spotify will make its stock available to the public just 3 weeks from now during the week of April 2nd, according to multiple sources. The music streamer has an investors day scheduled for this Thursday March 15th to continue its pitch to investors prior to its rare and risky direct…
Apple Music Has 38M Paid Subs, 8M Trials, Up 2M Monthly
[UPDATED] Apple Music has added 2 million subscribers since the Wall Street Journal reported 36 million in early February. Apple exec Eddy Cue told the crowd at SXSW Monday that Apple Music now has 38 million paid subscribers along with 8 million trial users. Cue went on to say that,…
Spotify Expands To Israel, Vietnam, South Africa
Spotify launched today in Israel and will be live this week in South Africa and Vietnam. That brings the total number of countries where the world’s largest music streamer is live to 64. Here is a video created for Spotify’s launch in Israel, where Deezer and Apple Music are already…
Spotify Adds Crowdsourced Artist, Track, Album Data Tool
Spotify has launched Line-In, a tool for gathering information about artists, tracks and albums from its 150 million users. The feature is currently available to desktop users only. ________________________________ A new Spotify "Line-In" feature allows users to suggest edits to the information (metadata) that the streamer has about artists, albums…
iHeartMedia Admits It Has No Deal With $20B In Creditors, Bankruptcy Deadline Looms
iHeartMedia admitted in a Monday morning SEC filing that is has been unable to come to terms with its $20 billion in creditors despite weeks of negotiations. Unless an agreement is reached or the creditors grant another extension by 11:59 CST today, Monday 3/12, the countries biggest radio group would…
Streaming Music Presages The End Of Ownership… Of Everything [George Howard]
Music is often the proverbial canary in a cold mine, says George Howard. Here, he explores how the rise of streaming led to a full fledged shift to a cloud-based media, making the idea of actual ownership is becoming increasingly antiquated. __________________________ Guest post by George Howard , this first…
Americans Listen To 200 Billion Minutes Of Audio Weekly
A new set of data from Nielsen has revealed that the average US dweller is listening to a massive amount of audio on weekly basis, although not all of it seems to be coming from sources which you might expect. _____________________________ Guest post by Bobby Owsinski of Music 3.0 Ever…
Spotify, Google, Amazon ‘Can’t Find’ Neville Brothers, Other NOLA Songwriters
"Address Unknown" Notices Of Intent has been a problem in the music industry for some time, with music streamers and big tech companies dodging royalty payments in over sixty million instances. Chris Castle looks at how NOIs have impacted New Orleans songwriters, and what SoundExchange is doing about it. ___________________________…