Despite the streaming music giant’s success in the country, don’t expect Spotify to obliterate – or even make a dent in – rampant music piracy. According to Spotify, Mexico has an insatiable appetite for music. Globally, the streaming music giant has m…
Category archives: music streaming
Following Weak Trading, Goldman Sachs Cuts Spotify’s Price Objective
Can Spotify turn things around and meet analysts’ lofty expectations? Late last month, Spotify’s stock hit a new low. Scraping at $131, the company’s share price ultimately closed at $141.68. Keep in mind the streaming music giant had reached a high of…
So, How Much Do Songwriters Earn from Streaming?
Once again, don’t expect to earn money from streaming — even if you work with major artists. As a songwriter, Sam Barsh has achieved notable success in the music industry. His credits include songs for Kendrick Lamar, Wiz Khalifa, and Logic, among man…
Looks Like Tencent Music’s IPO Is Moving to 2019
So, when exactly will Tencent Music launch its fabled IPO? Earlier this year, Spotify changed Wall Street forever with its $26 billion direct offering. Well-positioned investors, including Sony Music, Universal, Warner Music Group, and Merlin, all rec…
Anghami Unveils Partnership with ACRCloud in Desperate Bid to Remain Relevant in the Middle East
With its new partnership with ACRCloud, Anghami looks to deal its dominance against Spotify and Deezer. Anghami has long dominated the streaming music market in the Middle East. The service, which last reported $10 million in revenue, is seen as a rela…
Continuing on Its Downward Slide, Spotify Stock Reaches a New Low at $120
Just how low will Spotify go? Several weeks ago, Spotify skirted near an all-time low at $131. Several factors, including major sell-offs in global markets, attributed to the company’s weakening share price. The streaming music giant soon rebounded, c…
Multiple AMLC Board Members Quit as a Post-MMA Turf War Breaks Out
Last week, DMN first reported on the formation of the American Music Licensing Collective, or AMLC, which is focused on fulfilling the duties the MMA’s Mechanical Licensing Collective (MLC). Now, that group has quickly lost a pair of board members, for…
Multiple AMLC Board Members Quit as a Post-MMA Turf War Breaks Out
Last week, DMN first reported on the formation of the American Music Licensing Collective, or AMLC, which is focused on fulfilling the duties the MMA’s Mechanical Licensing Collective (MLC). Now, that group has quickly lost a pair of board members, for…
Spotify Unveils Inaugural Advertisers for the MENA Region
Because when you listen to music on Spotify’s ad-supported tier, you suddenly want to get a bite to eat. Prior to its launch in the region, Spotify had posted the price tag for advertising on its platform. For $200,000, major advertisers could purchase…
Spotify Is Trialing Premium In South Africa for 42-Cents a Month — and $4.20 After That
Spotify is hoping to entice a wave of new premium subscriptions in South Africa with some sweetheart holiday pricing. The new trial offers South Africans Spotify premium for the low price of R5.99, or about $0.42 USD. The introductory pricing is good …