Over the weekend, Spotify’s stock slid in after-hours trading. The drop came following a bearish report from investment firm Evercore. Spotify’s shares had declined 3.6% in after-hours trading to $143. Knocking the music streaming company’s stock from …
Tag archives: Spotify
Spotify Reveals How The ‘Fans Also Like’ Feature Works: ‘the second-most important piece of data’
"Fans Also Like" appears on Spotify artist page filled with a list of related artists. Those same artists also surface on their peers’ FAL lists. Spotify has now shared how this ‘second-most important piece of data’ works and its importance in the streamer’s data driven ecosystem. "Artist similarity is probably…
Spotify Says It Overpaid Songwriters And Wants Money Back
In it’s latest spat with music publishers, Spotify says they owe the streamer for overpayments. Last year’s US Copyright Royalty Board rate change included a retroactive cut in the minimum payment that the streamer makes on student and family plans along with a graduated 44% increase in payments to songwriters…
Apple: Spotify pays ‘app tax’ on less than 1% of paid subscribers
Spotify could really have done with some positive industry PR today following last week’s revelation that it’s clawing back overpaid royalties from songwriters and publishers. Instead, Spotify boss Daniel Ek might have some explaining to do…
This Week In Music Commentary
This week commentators in the music industry speculated on whether classical could be the next big genre for steaming, how to integrate a celebration of Pride Month into your music industry career, how Spotify’s new cryptocurrency could theoretically be used to pay artists directly. Is Classical Music Streaming’s Next Big…
REWIND: The New Music Industry’s Week In Review
Before moving on to another full week of music industry happenings, we revisit some notable articles from the past seven days, including a look at how Gen. Z is consuming music, why Spotify users are angry over the platform’s latest updates, how one major MP3 ripping site has been shuttered,…
TOP POSTS: This Week’s Most Read Posts On Hypebot
This week, some of our most popular and regularly perused articles on Hypebot explored Spotify’s "digital predator" designation by a top radio consultant, five reasons you might not actually want that record deal of your dreams, PledgeMusic’s ongoing pursuit of a sale, and more! Spotify Dubbed Digital Predator By Top…
Spotify Faces Backlash Over Axing Beloved Features on Mobile
Once again, users aren’t happy with Spotify’s new mobile update. Spotify doesn’t have a great track record with iOS users as of late. Several months ago, the streaming music company unveiled a controversial new feature aimed at forcing fans to share so…
Spotify: We ‘overpaid’ songwriters and publishers in 2018, and we would like our money back
Technicality in CRB ruling means publishers now owe Spotify millions of dollars
The post Spotify: We ‘overpaid’ songwriters and publishers in 2018, and we would like our money back appeared first on Music Business Worldwide.
Is Classical Music Streaming’s Next Big Genre? [Mark Mulligan]
Streaming is introducing a larger and more diverse audience to classical music. "These new audiences bring with them new expectations about what classical music listening should be like and they present a major new opportunity for the classical market," writes Marl Mulligan. __________________________________ By Mark Mulligan of MIDiA and the…