Apple Watch fans have been pining for an official Spotify app for the device for a few years now, but to no avail. Now, it looks like Spotify is testing an Apple Watch app in the latest TestFlight build. It includes an Apple Watch app that has a few l…
Category archives: Music Tech
Can Spotify Ever Meet Stock Market Expectations?
Spotify stock his an all time low Thursday, despite a solid Q3 report. The drop came after the streamer was honest about its long term plan to put growth over profits. "Spotify is building its business at a decent rate that meets/exceeds music industry expectations, but not investor expectations," writes…
Will Streaming Music’s Growth Alter Streaming Music?
[UPDATED] It wasn’t that long ago that the music industry was experiencing its worst slump ever, with streaming seen as a dubious alternative to physical sales. Fast-forward and streaming revenue accounts for 75% of label income. But how will this growth change the medium of streaming itself? ______________________________ Guest post…
Spotify Stock Hits All Time Low After Earnings Call
Spotify stock closed at $141.70, down 5.7% on Thursday, after the streamer said that it would continue to sacrifice profit margins to generate growth. The stock downturn came despite a nearly profitable quarter and represents a 30% drop from its IPO day close. “Operating margin improvement in Q3 was largely…
FRI. BRIEF: Live Nation Soars • Spotify Sinks • Lyric Financial Expands • Shazam + Instagram • More
FRIDAY 11.2.18
Music Business News From Around The Web
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Our Latest Podcast: Quadraphonic Sound Died In the 1970s. So Why Is Somebody Bringing It Back?
Quadraphonic sound faded from the landscape in the late 1970s, securing its place in the music technology dustbin. Now, somebody is bringing it back — and spreading the gospel to artists who want a simpler surround sound solution. If you remember quad…
And Another One: Shazam Is Now Directly Integrated Into Instagram Stories
Shazam is the latest music feature to be integrated directly into Instagram Stories, thanks to a new partnership with the Facebook-owned app. Instagram users can share now identified songs and post them to Instagram Stories. The integration officially…
Would You Pay To See A Classic Rock Hologram Perform A Show?
We’ve all at least heard of, if not seen, the "rebirth" of some of music’s most beloved deceased artists as they return to stage in holographic form, but will these resurrections actually sell concert tickets? _________________________________ Guest post by Fred Jacobs of Jacobs Media Strategies I’ve been known to speculate…
Mastering Isn’t A Dark Art, It’s Simply Misunderstood
In the music business, mastering has gained something of a reputation as mysterious "dark art". The reality is that mastering is quite simple at its core and, while not as sexy or glamorous as being a rockstar, is an important part of the music industry machine. _____________________________ Guest post by…
Tomorrowland Suffers Massive Data Breach
We’re used to our Yahoo and Experian data coming under attack, but who thinks about such problems when buying a festival ticket? Think again. EDM giant Tomorrowland has suffered a data intrusion that exposed the personal information of tens of thousands of festival goers. According to Belgian news outlet De…