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Spotify Has 4 Paths To Profitability, None Of The Are Good For Labels Or Artists
Source:
HypeBot
Spotify, which accounts for an estimated 17% of all major label revenue, has rejuvenated the music industry. But it's own revenue future is far murkier. Spotify, like its competitors, is loosing hundreds of millions each year. And while an eminent public stock listing will replenish reserves, eventually the streamer must become profitable. It is estimated that Spotify lost $400 million in 2016. Ad revenue increased and royalties decreased slightly in 2017, but losses last year will still be measured in ...
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Four Companies Could Buy Spotify And None Are U.S. Based, Says Mark Mulligan
Source:
HypeBot
According to multiple reports, Spotify will delay its IPO until at least 2018. That's an expensive choice, thanks to a $1 billion loan with an escalating interest rate. But there may be another reason that Spotify is taking its time. A buyer could swoop into save the rapidly growing but very unprofitable company; and that buyer isn't likely to be Google, Amazon or any of the names often mentioned, says analyst Mark Mulligan. By Mark Mulligan of MIDiA and the ...
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Jambalaya Brass Band Celebrates Mardi Gras At Bar None
Source:
Carol Green, Redwood Entertainment
New York, NY, February 25, 2011—Jambalaya Brass Band will be performing live at a Mardi Gras celebration on Tuesday, March 8, 2011 from 7:30 to 9:30 PM at Bar None in New York City. The Jambalaya Brass Band is a group of seasoned musical pros from a variety of impressive previous musical settings as diverse as the Duke Ellington Orchestra to the Lounge Lizards, yet they have a knack for integrating these disparate musical experiences into one dynamic setting. They ...
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Peter Holsapple & Chris Stamey Duo Album Coming On Bar/None Records June 9
Source:
conqueroo
hERE aND nOW is the first new collaboration in almost two decades by Peter Holsapple and Chris Stamey, the acclaimed songwriters of the dB’s. Scheduled for release June 9 on Bar/None Records, the album features legendary saxophonist Branford Marsalis on two tracks: the single “Early in the Morning” and Peter’s ode to New Orleans, “Begin Again.”
Drum aces Jon Wurster (Superchunk, Son Volt, the Mountain Goats) and Logan Matheny (Roman Candle, The Rosebuds) and percussionist Gary Greene (Hootie and the ...
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