Tag archives: Spotify

WED. BRIEF: Jay-Z, NFL Partner • Spotify Woos Siri • Cinq Adds $40M • Corite Launches • Bandzoogle • More

WEDNESDAY 8.14.19
Music Business News From Around The Web
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Are Merch Sales More Important Than Song Streams?

While streaming is the new normal for music consumption, the income that many artists receive from it is far less than needed to sustain a career. But, as some artists have learned, merch sales, remain an excellent way to net much larger profits. _____________________________________ Guest post by James Shotwell of…

Shira Knishkowy Exits Matador To Join Spotify

Shira Knishkowy has been appointed Spotify’s communications manager, the streamer has confirmed. Knishkowy joins the streaming giant from Matador Records where she has worked since April of 2015, most recently as its director of publicity. During her tenure with the label, she worked closely with artists including Lucy Dacus, Kurt…

Tencent Music Reports Revenue Growth As UMG Acquisition Talks Continue

With Tencent in open talks to acquire a 10-20% stake in Universal Music Group, its Tencent Music’s earnings report is receiving additional scrutiny. Late Monday, the Chinese streaming service posting record Q2 revenue of RMB5.90 billion ($859 million), an increase of 31.0% year-over-year. Net profit for the digital music platform…

Exec who launched Universal’s Digster and Spinnup in Sweden starts platform for fans to invest in artists ‘without a traditional label’

Mattias Tengblad and Emil Angervall launch Corite out of Sweden with interesting fan-funding model
The post Exec who launched Universal’s Digster and Spinnup in Sweden starts platform for fans to invest in artists ‘without a traditional lab…

Spotify is still adding more users across Europe and North America than in Asia, the Middle East and Africa combined

SPOT is reaching less than 1.5% of its potential addressable market outside of Europe and the Americas
The post Spotify is still adding more users across Europe and North America than in Asia, the Middle East and Africa combined appeared first on Music…

Apple Music For Artists vs. Spotify For Artists: A Side By Side Comparison

Late last week Apple Music For Artists exited beta and became available to any artist with music on the platform. Since this is Apple’s overdue answer to Spotify For Artists, we wondered how the two platforms compared. Veteran music marketer Jay Gilbert, the co-founder of Label Logic, has been using…

How To Embed Metadata In Music Files And Why It’s So Important [Video]

Living as we now are in the digital age, it has become increasingly important for artists to attach metadata to their work, and by doing so providing key information like artist name, copyright holders, and contact info. Here we break down the fairly straightforward process of attaching this info to…

Apple Hi-Res Streaming Has Arrived With Apple Digital Masters

After sitting on a stockpile of high-resolution audio masters for a while now, Apple has finally decided to launch its often rumored hi-res streaming service, joining the ranks of other platforms like TIDAL and Deezer, who also provide this premium quality tier. ______________________________ Guest post by Bobby Owsinski of Music…