Business, Services And Guides For Music Labels
TuneCore invites US-based artists to get into streaming with upfront cash. How? Read on. TuneCore believes that music streaming provides artists with a successful future. So much so that the digital distribution and publishing admin company will now offer their clients automated advances. TuneCore launched their Direct Advance service today in a unique collaboration with […]
The post Tunecore Is Offering Upfront Cash to Artists (Here’s How to Get It) appeared first on Digital Music News.
Does Slacker Radio see profitability in massively laying off its employees? In an interview with Music Ally, Slacker Radio CEO Duncan Orrell-Jones criticized Spotify and Pandora’s “unsustainable” business models. However, does a “sustainable” music streaming model include laying up to half of your workforce in one fell swoop? Duncan Orrell-Jones shared his plan on turning […]
The post On The Cusp of Profitability, Slacker Radio Confirms Massive Layoffs appeared first on Digital Music News.
The Swedish music industry is booming thanks to streaming and vinyl sales. So why is YouTube contributing so little? On April 12th, IFPI Sweden published its annual music figures for 2016. The numbers follow what the rest of the music industry has experienced: rising revenue thanks to music streaming. However, the report also highlights dismal […]
The post Guess How Much YouTube Contributes to the Swedish Music Economy? appeared first on Digital Music News.
So, do all BMG artists receive above 75% of music streaming royalties? If so, will higher streaming revenue sharing become the norm across the music industry? In the past few years, all major music labels have posted higher financials thanks to one magic word: streaming. Revenue from music streaming have pushed major labels to higher […]
The post Are You An Idiot If You Earn Less Than 75% Of Streaming Royalties? appeared first on Digital Music News.
Spotify executive Chris Bevington was among the four victims who died in the fatal Stockholm terror attack. Last Friday, a man hijacked a lorry and drove it into a department store in Stockholm. According to investors, the 39-year-old suspect, originally an immigrant from the central Asian republic of Uzbekistan, targeted young children. The truck swerved […]
The post Spotify Loses Global Partnerships Director in Stockholm Terror Attack appeared first on Digital Music News.
Windowing albums for Spotify’s premium users? I applaud you, UMG. Making those albums exclusive to Spotify? I will burn you, Universal Music Group. I woke up this morning to some pretty game-changing news. Universal Music Group and Spotify had finally completed a long-term licensing deal. Which means a lot of things, including that Spotify’s once-hopeless […]
The post I’m Warning You, Universal Music Group. Don’t Make This 1 Stupid Mistake… appeared first on Digital Music News.
Spotify’s licensing agreement with Universal Music Group is just what the Wall Street doctor ordered. But can the trick be duplicated with Sony Music and Warner? Several weeks ago, some pretty interesting details started leaking to the Financial Times. What insiders said was this: Spotify needed longer-term, lower-royalty deals with the major labels if they […]
The post Spotify’s IPO Is Back on Track With a Juicy UMG Deal appeared first on Digital Music News.
Google is now planning to acquire Spotify in a deal valued at roughly $41.1 billion in cash and equity. The acquisition, first reported by the Wall Street Journal this morning, creates a clear frontrunner in the music subscription space. It would also give Google a massive edge over competitors like Apple Music. According to research emerging this week, Apple […]
The post Breaking: Google Acquiring Spotify In $41.1 Billion Cash, Equity Deal appeared first on Digital Music News.
Spotify says it has 50 million paying subscribers and over 100 million total users. But a new research report suggests those numbers might be fabricated. Back in the day, if Walmart claimed sales of a million CDs, the industry believed it. And the reason was simple: not only did the industry have to ship those […]
The post Is Spotify Lying About Its Numbers? New Research Raises Suspicions appeared first on Digital Music News.
Slow but surely, Apple Music gains the upper-hand in the streaming wars. In December, Apple Music struck gold by hitting 20 million paid subscribers in about a year and half in service. Although Spotify’s 50 million mark may dwarf Apple Music, the Cupertino-based company achieved that number in less time. Spotify achieved 50 million paid […]
The post More People Use Apple Music Than Spotify, Research Shows appeared first on Digital Music News.