Posts Tagged ‘Spotify’

15442361_643640449130575_1124652700580521978_nThe highly-anticipated new album, Missing Chapters, by Winchester Gray is set to be officially released this Friday at Oscar’s Bar in Vandalia, and folks had better clear their schedules for a night of musical delights!

 

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There’s a lot of confusion in the marketplace about how much a music stream is worth. To say that it’s a complicated issue is an understatement.
It depends upon all of the following factors:

  • What type of service (interactive like Spotify, or non-interactive like Pandora)
  • Which tier (free or paid subscription)
  • Which territory it’s played in (they all pay different royalty rates)
  • Your marketshare (on Spotify you get paid more if you get played more)

As you can see, it’s impossible to say exactly what each stream is really worth, and the best we can do is get an average. Billboard has done just that with a great infographic that gives you an approximate worth of a stream coming from Spotify and Pandora.

How Much Money Is Music Streaming Actually Worth? [INFOGRAPHIC] – hypebot.

Eddy Cue unveils Apple Music at the Apple World Wide Developers Conference in San Francisco, June 8, 2015. DAVID PAUL MORRIS/BLOOMBERG/GETTY IMAGES

APPLE IS SKILLED at attracting praise. Often, the tech giant deserves that praise. This is not one of those times.

On Sunday, high-ranking Apple exec Eddy Cue tweeted that the company would, in fact, pay royalties to musicians during the three-month free trial period of its new music platform Apple Music. This decision was a reversal of an earlier policy that became the center of controversy this weekend when megastar Taylor Swift wrote a blog post slamming Apple for its plan not to pay artists while Apple Music was in its trial phase. “It is unfair to ask anyone to work for nothing,” Swift said, adding that she would be withholding her most recent album, 1989—that of “Shake It Off” fame—from Apple Music. (more…)

Friday, May 1, 2015
by Paul Resnikoff

It wasn’t a rumor: according to details confirmed this morning by CNBC, Spotify has now successfully raised a Series F (yes, F) of approximately $350 million.  The round, led by Goldman Sachs, pushes Spotify’s total funding to roughly $900 million, and values the company north of $8 billion (yes, with a b).

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Apr 17, 2015 3:53 PM

Geoff Barrow [Image by: Mintonfilm]Jay Z’s newly launched Tidal music service has reignited the debate about the economics of music in an era where streaming services like Spotify, iTunes, and YouTube reign supreme. In hopes of adding to that discussion, Portishead’s Geoff Barrow recently took to Twitter to share exactly how much money the band actually earned from its 34 million streams last year. His estimate: After taxes he was left with £1,700, or around $2,511, according to Consequence Of Sound.

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BBC Radio One DJ Zane Lowe just announced a shock move to Apple. For the non-Brits and non-Anglophiles, Zane Lowe is arguably the most influential radio DJ in the UK and is renowned for being a tastemaker with an eclectic pallet. His left of centre focus and his commitment to supporting and breaking new acts has allowed Radio One the freedom to be unashamedly mainstream in much of its other output. So why does this all matter for Apple? While it is not yet clear what sort of role Lowe will assume at Cupertino it is a move bristling with significance and a clear statement of intent from Apple.

Fixing the Tyranny Of Choice

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Posted on February 11, 2015

Rhapsody today announced reaching 2.5 million total subscribers across their unlimited and UnRadio offerings. While not in the same scale as Spotify’s 15 million, it nonetheless places Rhapsody as the fourth largest subscriber base globally and approximately 10% of the global total.

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2014 was a big year for streaming, 2015 will be bigger. Apple entering the fray is the catalyst. Apple enters a market when it is ready for primetime. Apple lets the pioneers establish the market, prove the model and create consumer mindshare before it comes in and most often assumes a leadership role. Apple is certainly leaving it later than normal with subscriptions but it is still the same classic follower model, and the marketplace knows it. Hence Jay-Z’s reported €50 million interest in Norwegian streaming service WiMP and Spotify’s reported pursuit of a further $500 million. The first move is ‘let’s get in a market Apple is about to make huge’ and the second is an Apple war chest.

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Spotify just announced the addition of 2.5 million paying since mid November to reach 15 million total subscribers. This is unprecedented growth not just for Spotify but for the subscription market as a whole. It also comes at a time when Spotify needs the best possible numbers to keep labels on board during its crucial renegotiations. But what is most interesting is what the growth tells us about pricing.

spotify 15 million

Long term readers will know that I firmly believe there is a watertight case for reducing the price of subscriptions. Only about 10% of music buyers spend $10 or more a month on music (across all recorded music formats) and most of those have already been converted to subscriptions. While there is absolutely a case that some consumers can be ‘educated’ to spend more on music, in just the same way cell phones educated them to spend more on telephony, many simply will not because there are such compelling free alternatives.

Read the rest of this article here:
What Spotify’s December Growth Tells Us About Pricing | Music Industry Blog
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