Spotify is reportedly adding 4 new members to its board of directors prior to its stock listing. The choice of former execs from YouTube and Disney who have experience with video, alongside board member Netflix chief content officer Ted Sarandos, is fueling speculation that Spotify may make a major push…
Category archives: Streaming & Cloud
How To Comment On FCC’s Attack On Net Neutrality and Why The Indie Music Community Must Speak Out NOW
On a 2-1 party line vote, the FCC began the process of dismantling net neutrality. A new comment period has opened and every member of the indie music community must speak out now to try to save rules that guarantee that all content on the web is delivered and streamed…
Major Labels Are Now Earning $9000 A Minute From Streaming
While many remain dubious regarding revenue from streaming, a recent study from Music Business Worldwide shows that major labels are actually pulling in roughly $9000 a minute from streaming services, a number that looks to be on the rise. _____________________________ Guest post by Bobby Owsinski on Music 3.0 For those…
Music Business Perspective On Vivendi’s Havas Media Investment
Here Zach Fuller looks at what is driving French mass-media conglomerate Vivendi’s steps to purchase a large portion of Havas Media Group, as the future of the music industry brightens and the investment prospects of music-oriented media improve. ________________________ Guest post by Zach Fuller of Midia After a quiet period…
PayPal Sues Pandora Over "P" Logo As Analysts Downgrade Music Streamer’s Stock
[UPDATED] Pandora stock continued to fall Monday closing down 1.3% at $9.12, despite buyout rumors. The fall was fueled in part by a lawsuit filed by PayPal over Pandora’s logo. Adding to the bad news, Macquarie Capital analysts downgraded Pandora stock from a buy to neutral, because they aren’t sure…
Spotify Has Lost Matt Ogle, Who Helped Create Discover Weekly, To Facebook’s Instagram
[UPDATED] Spotify product manager Matthew Ogle, who was an integral part of the team that some created many of Spotify’s most popular personalization features including Discover Weekly is leaving for Facebook’s Instagram. Product manager Matthew Ogle, who joined Spotify early in 2015 from his own startup, This is My Jam,…
Spotify Hires M&A Specialist To Continue Music Tech Startup Buying Spree
Even as Spotify prepares to become a public company, it’s been on a bit of a buying spree that the music streamer apparently wants to expand. Last week, Spotify acquired music machine learning innovator Niland. Prior to that ten other music tech startups joined the Spotify family including Mediachain, MightyTV…
Why You Should Incorporate Playlists Into Your Social Media Strategy
When it comes to marketing and promotional strategies, artists tend to focus on how they can get their music on other people’s playlists. This article looks at approaching it from the other end, with artists themselves acting the curator. _______________________________ Guest post by Bas Grasmayer of Music Tech Policy The…
Spotify Losses Widen Despite Big Revenue Rise [REPORT]
Spotify’s operating loss rose to between $350 million to $450 million last year, up from $205 million in 2015. That’s despite a 50% increase in revenues to $3.1 billion, sources tell respected investment site The Information. The numbers call into question Spotify’s ability to be a profitable company going forward….
Spotify’s Troy Carter at Music Biz: On streaming, "the best songs win…(but) the value chain is broken"
[UPDATED] Speaking at the Music Biz 2017 conference in Nashville on Wednesday, Spotify’s director of artists relations and former Lady Gaga manager Troy Carter offered high but unvarnished praise for his employer and the power of streaming to transform music discovery, artist marketing and the entire music industry. ________________________________ "The…