Amber Grimes is leaving Spotify for the newly created role of SVP, Global Creative at Capital Music Group. Gimes had been the senior manager of urban independent at Spotify, and her move is the latest of many significant exits from the streamer over the last year. Grimes portfolio includes formulating…
Tag archives: Spotify
Tencent Music [TME] Ends First Trading Day Up 7.7%
After opening at $14.10, Tencent Music ended its first day of trading Wednesday up $1.00 at $14.00 or 7.69% above it’s $13.00 target IPO asking price. At one point in the day, the stock was trading at $14.75. 60,190,565 shares of TME traded hands on Wednesday. The full Tencent offering…
Tencent Music IPO’s At Reduced $12.3B Valuation
Tencent Music [TME] will launch its scaled down U.S. IPO on Wednesday. China’s largest music streamer priced shares at $13 ahead of its NYSE listing hoping to raise $1.1 billion. The IPO had originally been scheduled for October 18th. Tencent was valued at $30 billion in the Fall of this…
There’s "nothing social anymore about Spotify," say Users
Spotify is steadily becoming a less social service, even as most social platforms from Facebook to TikToc are putting music front and center. It’s a contradiction that’s not lost on some Spotify users. "Today I found out that in the section ‘Discovered On’ there are no other playlists anymore than…
What Spotify and Apple Music Really Pay — According to Das Kapital
Looks like it’s not just American artists receiving poor payouts from streaming music platforms anymore, especially on Spotify. Each passing year, major labels continue to report record revenue thanks to the rise of streaming music. In its second fisca…
Spotify still pays artists out of one big ‘pot’. Should the company change its policy?
Is the ‘pro rata’ system of payment fit for the modern era?
The post Spotify still pays artists out of one big ‘pot’. Should the company change its policy? appeared first on Music Business Worldwide.
MON. BRIEF: Investor Sues Ahead Of Tencent IPO • Spotify Back In Court • 1st Digital Box Set • More
MONDAY 12.10.18
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Spotify’s Most Streamed Artists, Tracks 2018 Are All Male and It Has Only Itself To Blame
Despite all the talk of equality for women in music, the top 5 most streamed most artists of 2018 on Spotify are all men. Spotify’s 5 Most Streamed Tracks were also all male. The streamer registered the same all male top artist inequality in 2015 and 2016. Spotify’s Top 5…
25% Skip A Song Within 5 Seconds [New Data]
We knew our attention spans were short, and it seems the streaming era is only making things worse, with new data revealing that consumers are becoming increasingly fickle, and skipping more songs after spending a decreasing amount of time listening to them. ____________________ Guest post from Haulix Daily The internet…
Spotify ‘Wrapped’ Artist, Fan 2018 Recap Micro-sites Launch
Spotify for Artists has launched the 2018 edition of its annual Wrapped campaign. Artist get a free custom micro-site chronicling their stats and successes on the streamer over the last year. Wrapped for fans give users a look back at the music they discovered and played on Spotify over the…