Business, Services And Guides For Music Labels
Was it all avoidable? Wild overspending is partly being blamed as SoundCloud slashes 40% of its workforce and grinds towards bankruptcy. You could say that SoundCloud never had a viable business model. But were they also guilty of some seriously bad business? Accordingly, co-founders Alexander Ljung and Eric Wahlforss are now battling accusations of wild overspending […]
The post These Lavish Office Photos Are Coming Back to Haunt SoundCloud appeared first on Digital Music News.
After releasing 4:44 exclusively on TIDAL, Jay Z has made the available on Amazon and Apple Music, not Spotify. We examine what this means for the rapper’s legacy. Jay Z has plenty of reasons to celebrate. His critically-acclaimed album, 4:44, received platinum status in less than a week (thanks to Sprint). Now, fans everywhere have […]
The post Jay-Z Tells Spotify Where to Stuff His New Album appeared first on Digital Music News.
The situation at SoundCloud is quickly deteriorating, with bankruptcy potentially next. Company CEO Alex Ljung has just announced the layoff of 173 employees. Offices in San Francisco and London will be shutting down immediately. Amidst a bevy of possible buyouts, SoundCloud’s financial system is heading towards implosion. The company has just announced that 173 staffers […]
The post SoundCloud Bankruptcy Nears: 173 People Laid Off; 2 Offices Closed appeared first on Digital Music News.
Jay Z needed Sprint to “purchase” 4:44 to earn a platinum title. Here’s why this decision means the writing’s on the wall for TIDAL. In apparently good news for Jay Z’s floundering streaming service, TIDAL, his latest album, 4:44 went platinum. Taking a closer look at the company, namely its poor financials, (probably) fraudulent subscription […]
The post Jay Z’s 4:44 Platinum Status: The Beginning of The End for TIDAL appeared first on Digital Music News.
New music sales stats show us that people love older albums over newer ones. Also, CD and vinyl sales continue to grow. Halfway through 2017, BuzzAngle has released a new report detailing music sales across the industry. As expected, audio streams continue to drive major sales. Subscriptions streams have also grown. As previously reported by […]
The post Everything You Need to Know About Music Sales in 2017 appeared first on Digital Music News.
Somewhere in Jay-Z’s alternative universe, a Sprint/TIDAL-exclusive is a fantastic idea. The music industry got the memo on streaming exclusives in 2016! And this memo has been delivered — and re-delivered — by the industry’s biggest players. Like Lucian Grainge, Jimmy Iovine, Kanye West, and Troy Carter, just to name a few. The verdict is in: […]
The post Why Everyone Is Stealing the Crap Out of Jay Z’s 4:44 appeared first on Digital Music News.
SoundCloud’s possible salvation may come in the form of Google, Jimmy Iovine, or…Deezer? SoundCloud counts with over 150 million songs on its streaming service, mostly from indie artists including DJs. Chance the Rapper has thanked the service for his success. However, the company has quickly bled through most of its cash. Now, as it faces […]
The post Soundcloud May Finally Have a Buyer (And It’s Definitely Not Spotify) appeared first on Digital Music News.
As Kanye West and Jay Z prepare for a legal battle, their feud already has a victim: music exclusives. To grow their fledging music service, Apple implemented a new strategy: obtain and release album exclusives. Jay Z’s TIDAL streaming service quickly followed suit. Now, in his public and bitter feud with Jay Z, Kanye West […]
The post Kanye West Just Killed the Streaming Music Exclusive appeared first on Digital Music News.
We want Pandora to win. But does Pandora want Pandora to win? I first met Tim Westergren in a sushi joint around the corner from our office in Santa Monica. I was amazed at what came out of this guy’s mouth. He told me the story about how he was $500,000 in debt on a […]
The post Pandora Just Fired Everyone — But Isn’t Changing Their Business Model appeared first on Digital Music News.
He started the company in the 90s. Now, Tim Westergren is getting forced out. Is Pandora about to undergo some massive changes? This morning, Pandora Radio CEO Tim Westergren officially quit the company. But his sudden resignation leaves more questions than answers about the streamer’s future. According to people close to the company, Tim […]
The post Tim Westergren’s Resignation Letter Makes You Wonder What’s Next appeared first on Digital Music News.