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Soundcloud Names Former Google Exec As CFO
Source:
HypeBot
SoundCloud has named Holly Lim as its first Chief Financial Officer. As a member of the Executive Team, she will split her time between SoundCloud's HQ in Berlin, Germany and its New York office. Holly Lim joins SoundCloud as CFO from Google where she led Google’s Business Operations for the Cloud Platform and Network Operations. Prior to joining Google, Holly held roles at Stetson, Comedy Central, New Line Cinema and Citibank. In this newly created role, Holly will be responsible ...
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Spotify IPO Watch: Blame ≠ Profit
Source:
HypeBot
Although Spotify, like so many streaming companies, blames its lack of substantial profit on its requisite payment of such high royalty rates, the company's woes may in fact stem from a flawed growth strategy and mismanaged finances, as potential investors wait for an IPO which may be a long time coming. Guest Post by Chris Castle on Music Tech Solutions By its own calculation, Spotify dominates the global streaming music market. According to a 2014 speech by Will Page, Spotify’s director of ...
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Former Staffer Offers A Rare Look Inside Apple Music
Source:
HypeBot
Former Apple Music employee Sean Glass offers a rare look inside the secretive world of Apple, and weighs in on the industry realities behind streaming exclusives and why they can be good for artists, but are generally not especially beneficial to major labels. Guest post by former Apple Music employee Sean Glass from Medium Frank Ocean’s album is out, what do you think? Who got that zine? Mine is sitting unopened, framed on my wall right now. In addition to what we already knew about it, ...
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How Piracy Altered Music Discovery & Licensed Services Pushed It Forward
Source:
HypeBot
Bas Grasmayer takes a look back at the multitude of different tech platforms (many of them a haven for piracy) which have allowed us to access music over the years, and how they have helped shaped the current emphasis on music discovery. Guest Post by Bas Grasmayer on Synchblog As we continue our 'Projecting Trends' series, digital strategist Bas Grasmayer takes a look into the history of online music discovery, and what the present tells us about the future. It seems that every other ...
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In Japan, Music Business Changes Very Slowly
Source:
HypeBot
A recent look at some overseas music industry numbers in Japan has revealed streaming's continued growth, and that physical sales, while still dropping, are slower to decline there. Additionally, and unlike the US, ringtones continue to take up an appreciable share of the market there as well. Guest post by Glenn Peoples of Pandora The CD lives on in Japan. Take a look at RIAJ statistics for physical sales through June for the world’s second-largest recorded music market. CD revenue was down just 6 percent ...
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YouTube Stats: Is The Service Not As Big For Music As Previously Thought?
Source:
HypeBot
Although the music industry has for some time operated under the assumption that music related content made up 40% of YouTube videos, news and drastically different data from Pexeso, offers some very different numbers, suggesting some of the low payout related anger targeted at YoutTube may be misplaced. Guest post by Bobby Owsinski of Music 3.0 The music industry has always operated under the premise that music content made up about 40% of YouTube’s traffic, a figure that has bothered everyone considering how ...
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Spotify, Netflix Tip-Toeing Into One Another's Territory
Source:
HypeBot
Here we look at Spotify's toe dip into the world of original video content, just as Netflix simultaneously releases music-centric material, while both companies face obstacles to steady growth and profitability. Guest post by Cherie Hu If you didn’t notice Spotify trying to be Netflix NFLX-0.28% last week, you probably were not alone. After years of growing its curational prowess through playlists like the handpicked Rap Caviar and the algorithmic Discover Weekly, Spotify quietly revealed its first foray into original video content on Thursday. There is ...
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Clicks Matter In Music: Here's Why
Source:
HypeBot
In this piece, Davin Riley takes a closer look at the “click-access" nature of the internet as it relates to fan involvement, as well as how artists can optimize their content to turn fan awareness and clicks into profitable engagement. Guest Post by Davin Riley, CEO of MSCLVR, on the TuneCore Blog [Editors Note: This is a guest blog written by Davin Riley, CEO of MSCLVR, one of the Artist Services provided by TuneCore that allows artists to track URL clicks and earn ...
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