The estate of 1950s teen idol Rick Nelson has filed a class action lawsuit against Sony Music Entertainment. The suit, which was filed in U.S. District Court in New York on Tuesday, alleges that the label is improperly withholding a portion of Nelson’s royalties from international streaming revenue. Also according…
Category archives: streaming
Amazon Music Unlimited Launches In Canada
Amazon Music Unlimited launched today in Canada, joining Amazon Music which launched there last year. As in the US, users can access music through voice with Alexa on the Amazon Music app for iOS and Android. Amazon Music is now in 40 countries. “We’ve seen such a positive customer response…
Apple’s buyout of Shazam: 5 reasons it could change music streaming forever
How the world’s leading voice-recognition app could shake up the streaming game
The post Apple’s buyout of Shazam: 5 reasons it could change music streaming forever appeared first on Music Business Worldwide.
Is Led Zeppelin Launching Their Own Streaming Service?
A trademark application filed in the US hints that the iconic heavy metal band Led Zeppelin is eyeing the launch of their own streaming service. According to LedZepNews, the application says the service, called The Led Zeppelin Experience, will offer “non-downloadable prerecorded music on-line via a global computer network.” However,…
Effective Spotify Strategies For New Artists
Spotify is an important strategic component to keep in mind for you next musical release, and releasing your music on the streaming service requires a significant amount of careful pre-production in order to be executed effectively. Here we look at how new artists should craft and carry out an effective…
Classical Music Streamer IDAGiO Raises $11.7M, Launches in North America
Classical music focused streaming service IDAGIO is now available in North America. The Berlin based startup also announced that it has secured a funding round of 10 million EU ($11.7M USD) from existing investors. Classical music accounts for as much as 40% of global recorded music revenue.* IDAGIO has subscribers…
Beware: Greg Maffei Is Now Music’s Most Powerful Executive
Move over Daniel Ek and Lucian Grainge, Greg Maffei is now the most powerful executive in the music industry. Maffei is the president and CEO of Liberty Media, Chairman of Live Nation Entertainment and Chairman of SiriusXM, which yesterday acquired Pandora. If that’s not enough to make Maffei music’s new…
Spotify’s Big Tencent Risk [Mark Mulligan]
China’s Tencent Music and Spotify did a major stock swap last year. At the time, it was seen as a brilliant strategic move, offering both a more global reach and increased bargaining power with the music industry. But with Tencent cutting its IPO target in half, the deal is getting…
More To Spotify’s Artist Direct Upload Strategy Than Meets The Eye
In a recent surprise movie, Spotify announced that it will now give indie artists the option of uploading their music directly to the streaming service for free, rather than requiring artists to use a distributor. While this may simply seem like a blessing to artists, this new option is all…
Apple Music Growing 2.5X Faster Than Spotify In U.S.
Apple Music has 21 million paid subscribers in the U.S. vs. 20 million for Spotify, according to Loop Venture’s analyst Tom Munster. That gap will widen quickly based on Munster’s other big conclusion: Apple is converting potential customers into paying customers at a rate 2.5x faster than Spotify. From Loop…