Business, Services And Guides For Music Labels
Want to double your per-stream payouts from Apple Music and Spotify? Do what this band did (and a bunch of others are doing). Last week, an analysis of over 1 million Spotify streams revealed a per-stream payout of $0.004891, or less than half-a-penny per stream. The band sharing the statement revealed Spotify earnings of less than $5,000 […]
The post Another Band Doubles Their Apple Music and Spotify Payments… appeared first on Digital Music News.
R.I.P. Harambe (1999-2016). Over the Memorial Day weekend, endangered western lowland gorilla Harambe was shot dead after an unattended toddler somehow broke through several protective barriers at the Cincinnati Zoo. Emergency response officials defended their decision to shoot the rare animal on fear that the child was in imminent danger. Now, a growing number of animal rights […]
The post Help Me Build this Musical Playlist for Harambe the Gorilla… appeared first on Digital Music News.
Are you willing to trade a paycheck for exposure? This actually happened more than a year ago, but the owner of this restaurant agreed to share the results with Digital Music News. The only condition was that we wait at least a year (but preferably longer) and that we hide the specific city where the […]
The post Restaurant Owner ‘Saddened’ After Asking Bands to Play for Free… appeared first on Digital Music News.
Is Spotify’s ‘free-to-paid’ thing sustainable? 89.9% of Spotify’s revenues come from just 31.4% of its users, according to more financial data now surfacing. The 2015 filing, registered with EU regulators last week, showed that paying subscribers generated a hefty $1.96 billion in revenues. By stark comparison, free, ad-supported users generated a relatively paltry $222 million. That imbalance is […]
The post 90% of Spotify’s Revenue Comes from 30% Of Its Users appeared first on Digital Music News.
The average Spotify employee makes $168,747 a year. What do their bosses make? Last week, Spotify financial filings for 2015 revealed that the average employee is earning $168,747, with a worldwide headcount of 1,610. That raised the question of what the top executives and board members at Spotify are making, so we started investigating further. Here’s […]
The post Average Annual Earnings by a Spotify Executive: $1.34 Million appeared first on Digital Music News.
This is the largest spreadsheet of Spotify royalty data we’ve received to date. That group that shared these statements was unsigned until just a few months ago, and is fast-rising within a specific EDM niche. While still label-less, they somehow managed to get onto a few Spotify featured playlists. That’s becoming increasingly difficult for smaller artists, […]
The post My Band Has 1,000,000 Spotify Streams. Want to See Our Royalties? appeared first on Digital Music News.
Spotify losses may be mounting, but its salaries are exploding. Buried within Spotify’s 2015 financial filings released this week was an interesting wrinkle: this is actually a pretty great place to work. Outside of the obvious perks of working in tony areas like downtown Manhattan, Stockholm, or London with younger, talented people, there’s the money. […]
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Is this case in trouble? David Lowery and Melissa Ferrick’s class action lawsuits against Spotify have now been combined. Late last year, Lowery filed a motion to consolidate his $150 million lawsuit with Melissa Ferrick’s similar $200 million lawsuit, filed shortly after Lowery’s. Those amounts are estimated (by the lawyers or others), based on what […]
The post Spotify Now Faces One Big Fat $350 Million Lawsuit appeared first on Digital Music News.
What is Apple Music paying artists? We asked an artist with more than 32,000 streams across 54 countries for the answer. This is part of Digital Music News’ ongoing streaming transparency initiative, designed to offer artists, labels, and content owners better information on exactly what streaming platforms are paying. And with that, the latest to generously share […]
The post What Apple Music Pays In Every Country, Worldwide appeared first on Digital Music News.
Can this possibly be sustainable? Spotify tossed another scary financial figure into the ring this morning, with 2015-year losses topping an astounding $188.7 million on revenues of roughly $2.12 billion. That widens a year-2014 loss of $176.9 million, and brings cumulative losses to $698.1 million since the company started in 2008. All of which raises the question over […]
The post $698.1 Million Reasons Why Spotify Is Unsustainable… appeared first on Digital Music News.