Spotify (NYSE:SPOT) stock has an average rating of 1.69 (Buy) from the twenty one analysts that cover the company, according to Zacks Investment Research. Only one analyst has rated the streamer with a strong sell rating, five assigned a hold rating, one a buy and fourteen a strong buy rating….
Category archives: Music Tech
Spotify, Pandora Beat Apple Music In Brand Intimacy Survey
Music takes center stage in MBLM’s Brand Intimacy 2019 Study with Spotify, Pandora and Apple Music all landing in the in the top 5. Brand Intimacy is defined "as the emotional science that measures the bonds we form with the brands we use and love." U.S. Top 10 Most Intimate…
THU. BRIEF: iHeartMedia Completes Restructuring • Eventbrite Losses Widen • Bandier Slams Spotify • More
THURSDAY 5.2.19
Music Business News From Around The Web
Updated continuously under the More News tab
Spotify Says Personalizaton Increased Song Discovery 35%
Spotify says that song discovery is up 35%, thanks to new efforts to personalize the music delivered on the platform. Spotify recently began adding tracks based on the user’s listening habits to many of its curated playlists. Van Morrison fans might suddenly find that his "Warm Love" had been added…
Concerts From The Closet: Amy Speace’s “Yes” to Motherhood + Music Making
When critically acclaimed singer/songwriter, Amy Speace, live streamed a Concert Window album preview from her walk-in closet to the fans who had just helped fund its release, it wasn’t because she couldn’t book another venue. It was because she is both a new mom, and a musician, and with a one year old asleep down the hallway, it was a way to say yes to both.
Pandora Adds Ticketmaster Integration
Pandora has partnered Ticketmaster to bring more concert dates to the platform. “In our ongoing effort to provide a comprehensive and seamless artist marketing experience, Pandora has partnered with Ticketmaster to transform live event promotion,” SiriusXM owned streamer said in a statement. According to Pandora, which plans to pull touring…
Songwriter Rate Appeal To Be ‘Long Drawn Out Process’ says Spotify Exec
Spotify and other streamers (sans Apple) have appealed new songwriter royalty rates set by the US Copyright Royalty Board, effectively ensuring that the increase is unlikely to flow to songwriters and music publishers any time soon. "That will be a long drawn-out process," Spotify Chief Financial Officer Barry McCarthy said…
Woodstock 50 Concert Will Happen, says Festival Organizer
While Woodstock 50’s primary investors have backed away from the event, festival organizer Michael Lang insists that the show will go on. In a statement released via Woodstock Ventures, Lang said: “We are committed to ensuring that the 50th Anniversary of Woodstock is marked with a festival deserving of its…
Sony Music, Microsoft Deliver an Interactive, AI-Driven Music Video for NAO
R&B artist NAO teamed up with Microsoft to use machine learning and artificial intelligence for an interactive music video. NAO says she was so moved by the Saturn’s Return theme in astrology that she wanted to create a deeply personal experience. …
Soundcloud Adds DEX 3 DJ Software Integration
SoundCloud has added a new DJ performance software integration with DEX 3. DJ’s can now instantly stream content from SoundCloud’s massive catalog of original tracks in high-quality audio available with a SoundCloud Go+ premium consumer subscription. How to get started building mixes with DEX 3 Download and log into DEX…