Despite the contradicting differences in research, one thing remains clear for indie artists – don’t expect to earn enough from streaming music. Late last month, Digital Music News updated its list of what streaming music services pay. Thanks to inform…
Author archives: Daniel Sanchez
Pandora CEO Roger Lynch Forced Out Following SiriusXM Acquisition Approval
Pandora CEO Roger Lynch was unable to solve listener engagement issues. SiriusXM has released its operating and financial results for the fourth fiscal quarter and the full-year of 2018. The satellite radio company added 346,000 net subscribers in the …
Spotify Will Roll Out Enhanced Targeted Advertising Tools to More Advertisers
Will Spotify also allow freemium listeners to skip ads? Last summer, Spotify rolled out targeted advertising in Australia with a twist. Users on its free, ad-supported tier could completely skip ads while streaming their favorite music. The company had…
Apple Music Officially Hits 50 Million Subscribers
The busy holiday season pushed Apple Music up to 50 million paid subscriptions. According to a report from the Financial Times last November, Apple Music had 56 million subscribers. The financial newspaper dropped that number while discussing the compa…
Recording Academy in Damage Control Mode as Grammys 2019 Winners List Purportedly Leaked
The Recording Academy has gone into full damage control mode after a Twitter user uploaded the Grammy 2019 ‘winners’ list. Yesterday evening, Twitter exploded following the post of a single user. The now-deleted account, everyday4you, claimed to have h…
Recording Academy in Damage Control Mode as Grammys 2019 Winners List Purportedly Leaked
The Recording Academy has gone into full damage control mode after a Twitter user uploaded the Grammy 2019 ‘winners’ list. Yesterday evening, Twitter exploded following the post of a single user. The now-deleted account, everyday4you, claimed to have h…
Recording Academy in Damage Control Mode as Grammys 2019 Winners List Purportedly Leaked
The Recording Academy has gone into full damage control mode after a Twitter user uploaded the Grammy 2019 ‘winners’ list. Yesterday evening, Twitter exploded following the post of a single user. The now-deleted account, everyday4you, claimed to have h…
AEG Makes Strategic Investment in New Sports and Entertainment Fund
AEG sees a strong opportunity for growth in sports media. AEG has made a strategic investment. The company has backed the Sapphire Sport and Entertainment fund, started by VC firm Sapphire Ventures. The venture capital firm has announced the $115 mill…
PPL Reaches Historic International Collection Revenue in 2018
Thanks to agreements with global CMOs, PPL has just brought in record international revenue. PPL, a UK collection society, has raked in its largest international collection revenue to date. International collection reached £70.9 million ($93.5 million)…
SoundCloud Revenue Skyrockets 80% to Reach $102 Million in 2017
SoundCloud continues to post strong revenue numbers, but can it continue to narrow its total losses? Despite a very turbulent 2017, SoundCloud CEO Kerry Trainor has made good on his promise. The Berlin-based indie streaming music service has brought in…