Spotify and other streamers (sans Apple) have appealed new songwriter royalty rates set by the US Copyright Royalty Board, effectively ensuring that the increase is unlikely to flow to songwriters and music publishers any time soon. "That will be a long drawn-out process," Spotify Chief Financial Officer Barry McCarthy said…
Tag archives: Spotify
Recent Spotify Update Breaks Lockscreen Controls for Potentially Millions of Users
For the past month or so, Spotify users have remained vocal in their disappointment over a recent update on Android. With the service now reaching 217 million monthly active users (MAUs), it’s only natural a user base this large would remain vocal on a…
How Spotify’s Continued Expansion Is Killing Niche Music Genres
While the rise of streaming is, in many ways, responsible for the music industry’s salvation, the vast majority of content streamed on platforms like Spotify generally tends to lean towards the pop/hip hop spectrum. As Thomas Steffens here explains could be bad news for more niche music genres like classical…
TUE. BRIEF: Spotify Hits 100M Premium Subs • Twitter Expands Live Streams • Pandora + Ticketmaster • More
TUESDAY 4.30.19
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Nearly 40,000 tracks are now being added to Spotify every single day
That’s the equivalent of 280,000 songs a week, or around 1.2 million tracks per calendar month.
The post Nearly 40,000 tracks are now being added to Spotify every single day appeared first on Music Business Worldwide.
Spotify Adds 40,000 New Tracks Every Day [That’s Not A Typo]
During an earnings call Monday, Spotify CEO Daniel Ek shared that the streamer now offers 60 million tracks. The catalog continues to grow by a whopping 40,000 tracks every day, according to Ek. Podcasts Additionally, more than 50,000 podcasts have been submitted to Spotify through Spotify for Podcasters, enabling listeners…
Spotify’s Q1 2019 — 100 Million Subscribers & $159 Million in Net Loss
Spotify has reached 100 million subscribers. But, its losses continuing spiraling out of control. Earlier this morning, Swedish streaming music giant Spotify published its financial report for the first fiscal quarter of 2019 (Q1 2019). First, the goo…
Tunecore Distribution Payments To Artists Up 21%, Stream And Downloads Rise 83%
TuneCore artists earned $83 million in the first quarter of 2019, a 21% increase over the same period last year. Total streams and downloads of music by TuneCore’s 250,000 worldwide artists hit 199.3 billion in the past year, a 83% increase over 2017. This latest tally brings Tunecore’s total distributed…
Spotify Passes 217M Active Users, Revenue Per User Slips
UPDATED: Spotify’s monthly active users grew 26% over the last year to 217 million at the end of 2018, the streamer reported on Monday. Now in 79 countries, a February launch in India added 2 million to its global total. Overall, Spotify posted a smaller first-quarter loss of $158 million…
MON. BRIEF: Spotify Files Q1 Report • Fortnite vs Music Industry • Soundhound + Instagram • MuseNet • More
MONDAY 4.29.19
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