Business, Services And Guides For Music Labels
Investors now ask themselves: Will Spotify ever become profitable? Probably not. Is music streaming profitable? Better yet, will an IPO help Spotify finally make sustainable revenue after ten long, arduous years? Or will they face a similar Snapchat-like fate? To gear up for their long-awaited IPO, the Swedish streamer has built an office in New […]
The post A Leaked Financial Report Shows Spotify’s Losses More Than Doubling appeared first on Digital Music News.
So, had Pandora Radio agreed to the original deal, they would’ve received $15 per share. Now, with SiriusXM, they may get much, much less per share. In an interview with CNBC Squawk Alley, Pandora Radio CEO Tim Westergren shared the magical way the company would finally make a profit. Step 1: Get subscribers. Step 2: […]
The post Will Pandora’s Arrogance Sink SiriusXM’s Buyout Talks Once Again? appeared first on Digital Music News.
As Spotify’s revenue goes up, artist per-stream and revenue payouts are going way, way down. And here’s the data to prove it. Two years ago, in a funding round, investors valued Spotify at $8 billion. In the latest round, investors pushed that number above $13 billion. Sounds like some serious growth. Yet investors can’t ignore […]
The post Exclusive Report: Spotify Artist Payments Are Declining In 2017, Data Shows appeared first on Digital Music News.
Is the internet truly ready for high-fidelity streaming? Are our wallets? At launch, Tidal became one of the first streaming services to support high-fidelity audio streaming. The service boasted that consumers could better listen to their music. According to Tidal, consumers would immediately tell the difference. There was just one problem: high quality audio streaming […]
The post Has Hi-Fi Streaming Arrived? Merlin/MQA Deal Says Yes, But Maybe Not appeared first on Digital Music News.
Over the weekend, Diplo found out one cold hard social media fact: the internet really hates Justin Bieber. On May 11, Diplo released a new single on Soundcloud. Titled ‘Bankroll,’ the Justin Bieber rap featured Young Thug and Rich the Kid. King Henry and Boaz van de Beatz co-produced ‘Bankroll.’ According to EDMSauce, the single […]
The post The Internet Forces Diplo To Remove Justin Bieber Rap From Soundcloud appeared first on Digital Music News.
After flat-out denying acquisition talks with CMRRA last month, SoundExchange has some news. It’s an acquisition involving CMRRA. Sorry, but I simply must call out SoundExchange on this one. Last month, I directly asked SoundExchange CEO Michael Huppe if his company was acquiring Canadian rights organization CMRRA. He flat-out said ‘No,’ right to my face. […]
The post Turns Out SoundExchange Was Lying About Its CMRRA Acquisition appeared first on Digital Music News.
Is Spotify valuable or will going all-in on a direct listing on Wall Street have the Swedish streamer face a Snapchat-like fate? Earlier this year, Spotify faced a resounding rejection when attempting to list their IPO. The reason was a real no-brainer. Despite a reported $8 billion valuation, the Swedish streamer had yet to secure […]
The post Ahead of NYSE Listing, Spotify Valued at $14 Billion appeared first on Digital Music News.
Spotify introduces Spotify Codes, a new way to share and discover music. This week, Spotify launched an new way for users to share music on the app. And it’s as simple as taking a picture of the code attached to the song art. You can find these codes directly on the Spotify app, have a […]
The post Spotify Introduces ‘Codes’ to Stimulate More Sharing appeared first on Digital Music News.
Spotify introduces Spotify Codes, a new way to share and discover music. This week, Spotify launched an new way for users to share music on the app. And it’s as simple as taking a picture of the code attached to the song art. You can find these codes directly on the Spotify app, have a […]
The post Spotify Introduces ‘Codes’ to Stimulate More Sharing appeared first on Digital Music News.
So, why did Universal Music Group suddenly back out from their deal of streaming Prince albums? Fraudulent inducement. A month ago, music executives at Universal Music Group secured a very important streaming deal. The music label would stream Prince’s catalog released since 1995. They would also have access to the entire catalog of Prince’s recordings […]
The post UMG to Prince Estate: Give Us Back Our $31 Million appeared first on Digital Music News.