Tencent Plans $4B US IPO That Also Benefits Spotify

Tencent Music, China’s largest music streamer, has reportedly invited investment bankers to pitch how they can guide the company through a U.S. IPO valued as high as $4 billion later this year. The music arm of Chinese tech giant Tencent Holdings will reportedly go public before the end of the…

What Happens When Paid Streaming Has 96% Market Share? Sweden Has Answers

The music industry is experiencing a resurgence thanks to streaming. But can that growth continue and will more users return promised revenue to artists and labels? MIDiA’s Mark Mulligan says that data from Sweden, where paid subscriptions account for 96% of the streaming market, offers answers. _______________________________________ By Mark Mulligan…

Streaming Habits Mirror Purchasing Habits: The Big Lie Of Spotify [David Lowery]

A theory often perpetuated by Spotify maintains that streaming will yield more revenue than downloads or traditional retail sales, as it generates money for the artist with every play, as opposed to a one-time purchase. Unfortunately, streaming is a lot more like traditional sales than Spotify is letting on. ______________________…

Apple Music Extends Free Trial Beyond 3 Months

Apple Music is using a new weapon in its battle to overtake Spotify in the streaming music subscriber wars – extending the free trials of some new users beyond the traditional 90 days. For about 6 months, Apple Music has been offering some trial users an extra free month when…

DistroKid Adds 6 Payment Options

One of the things we’re impressed by about DistroKid is how its constantly innovating. It seems like every week, we’re writing about a new feature that the ultra-low cost flat free music distributor has added. This week it’s the simple but important ability to decide how you get paid. Distrokid…

Which Spotify Playlist Is The Most Important?

While the holy grail of playlist placement for many artists may be the curated front page playlists, the ones which they should be going after are the personalized algorithmically generated playlists like Release Radar and Discover Weekly. _________________________ By Chris Robley of CD Baby from the DIY Musician blog. The…

The Orchard signs licensing deal with B2B streaming platform Nightlife in Australia

Independent music distributed by The Orchard can now earn public performance revenue in Australia
The post The Orchard signs licensing deal with B2B streaming platform Nightlife in Australia appeared first on Music Business Worldwide.

Spotify To Test Raising Subscription Prices Next Month

Spotify is experimenting with raising its subscription price, in a major test of customer loyalty. The announcment comes just days after the music streamer announced a major expansion of its free ad-supported tier. Spotify is raising the price of all of its subscription by 10% in Norway. New customer prices…