Spotify Acquires a ‘Passive Minority Stake’ in Distrokid —And Gives Distrokid Subscribers Preferential Access + Distribution to Other Platforms

Spotify has just announced a serious alliance with digital distributor Distrokid — one that includes preferential access to Spotify and even distribution to competing platforms. Just last month, Spotify announced a beta-level feature that allowed artis…

Hearo.fm launches cryptocurrency that will be integrated with new music streaming service Tune.fm

Hearo.fm’s cryptocurrency is called the JAM token
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Today in Spotify Executives Jumping Ship: Rocío Guerrero

Why are so many top executives jumping ship from Spotify?  Simple.  It’s either get out now while things are going great, or crash and burn along with the company. Angela Watts.  Dave Rocco.  Mark Williams.  Kevin Brown.  Jackie Jantos.  Seth Farbman. …

Winamp, Started In 1997, Is Plotting a Major Comeback In 2019

Winamp is looking to whip the llama’s ass in 2019 with a major comeback. The brand-new Winamp will serve as an all-in-one audio app for music, podcasts, and possibly streaming services. Winamp was a staple for music lovers in the late 90s and early 200…

Spotify Lists Just 5 ‘Preferred Distributors’ — Starting With Distrokid In Bold (Updated)

Looks like Spotify is taking even more control over the digital distribution chain than we thought. Update: Since the publication of this article on Tuesday (Oct. 16th), Spotify has revealed a formal deal with Distrokid.  That deal not only includes pr…

The Music Industry Loses $2.65 Billion from Small Businesses Streaming Music Without a License

According to Nielsen Music, a lack of education and innovation among small business owners around the world costs the music industry billions each year. According to a new study, the music industry loses billions from businesses who don’t properly use …

Mixcloud Signs Long-Term Licensing Deal with Universal

Could Mixcloud’s new deal with UMG help it take on SoundCloud? Several years ago, British streaming service Mixcloud announced an impressive feat. After a few years on the market, the service had crossed 1 million unique uploaders.  Listeners on the se…

Apple Purchases Asaii, a Music Analytics Startup That Can Find “the Next Justin Bieber.”

Apple’s acquisition of Asaii reveals the company’s two-fold strategy to take on Spotify. Last month, Asaii, a music analytics program, abruptly announced it would shut down. In an e-mail to customers, the company wrote, “Asaii will [shut] down operatio…

Tencent Music Puts IPO on Hold Amid Turbulent Market Conditions

Tencent Music patiently waits for the storm to pass. On October 3rd, the Dow Jones Industrial Average reached a record high of 26,336.62. Since then, stocks have fallen sharply.  On Wednesday, the Dow Jones dropped 800 points.  Amazon lost 6.2%.  Netfl…

Top Wall Street Analyst Says Spotify’s Label Renegotiations Are “Less Significant Than Most Investors Believe”

Spotify’s renegotiations with the major music labels are happening next year.  Here’s another Wall Street analyst who doesn’t seem too concerned. MKM Partners analyst Rob Sanderson wrote a memo to clients saying that most of Wall Street seems overly fo…