Business, Services And Guides For Music Labels
Spotify, despite beating out Apple Music and other competitors with 30 million paid subscribers, is actually bleeding money. While the company boasts high annual salaries for full-time workers, reported at over $168,000, the company reported last year a loss of over $194 million, way up from just $28 million in 2010. This might show that […]
The post QQ Music Shows How to Be Profitable in the Music Streaming Business appeared first on Digital Music News.
Dj Skee weighs in on one of the biggest topics around in digital musicThe post Why Exclusives Are Terrible for Fans, Artists, and the Streaming Music Business appeared first on Music Business Worldwide.
Going on another one of his all-too-common signature rants on Twitter, Kanye West sent out a tweet storm, calling on Apple and Tidal executives, along with several other big-names in the music industry to hold a meeting and calm down the “beef” between both companies. Kanye West posted on Saturday: “I need Tim Cook Jay […]
The post Kanye West Tells Apple: ‘Give Jay Z His Check for Tidal…’ appeared first on Digital Music News.
Despite its immense popularity around the world, web-based music streaming service Deezer has yet to turn a profit. But according to an interview on BFM business radio, that’s about to change. Deezer’s managing director Alexis de Gemini, when asked when the service should be profitable, said that the company is aiming to be profitable in […]
The post Spotify and Apple Music Competitor Deezer Says They’ll be Profitable in Just 2 Years appeared first on Digital Music News.
Do labels need to change their strategy in the streaming world?
The post ‘Streaming has not broken the chart. The key is more long-term A&R.’ appeared first on Music Business Worldwide.
According to a report by Bloomberg, Spotify’s Chief Executive Daniel Ek plans to make the streaming service public in the second half of 2017. Just before it’s tenth birthday, Spotify announced raising $1 billion in convertible debt from investors who valued the company at $8 billion. This funding round was pegged to an IPO which was […]
The post Spotify Planning IPO For Q2 2017? appeared first on Digital Music News.
Programmatic advertising deal done with Rubicon and othersThe post Spotify is asking brands to bid for ads based on your individual tastes appeared first on Music Business Worldwide.
Apple Music plans to significantly increase songwriter royalty rates. That could be a genius move. In a recent proposal to the US Copyright Royalty Board, Apple suggests that the royalty rate for publishers should be set at 9.1 cents per 100 streams of a song. Though an Apple Music official confirmed these reports, the filing […]
The post Apple Music Proposes Increased Songwriter Royalties; Can Spotify Survive? appeared first on Digital Music News.
Austin Daboh and others join George Ergatoudis at streaming companyThe post Spotify raids BBC Radio for talent to boost UK playlist team appeared first on Music Business Worldwide.
The biggest songs in the world are now far more popular on audio servicesThe post How Spotify and Apple are winning a blockbuster war against YouTube appeared first on Music Business Worldwide.