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Spotify Plays The Big Numbers Game
Source:
HypeBot
Hot on the heels of Apple’s less-than-dazzling entrance into the streaming market Spotify made two big announcements: a further $526 million in funding and 20 million paying subscribers with 55 million free users. Not a bad retort. Original Post Written By Mark Mulligan on Music Industry Blog Subscriber Growth Outpaced Free User Growth, Depending On Which Metric You Use Between December 2014 and June 2015 added an average of 2 million free users a month and 1 million paid users a month. Although this meant Spotify’s free user ...
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Apple Music Boycott - Should Indie Artists, Labels Stop Releasing New Music For Next 90 Days?
Source:
HypeBot
The outcry over Apple Music's 90 free day trial is growing within the independent music community. But those upset with free trials that return no revenue to artists and labels for millions free plays are left with few optionsexcept, perhaps, to stop releasing new music for the next 90 days. Concern Over The Contract Apple sent a 'take it or leave it' contract to independent labels and digital distributors last week. Effectively it said, sign a new deal that allows Apple ...
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The Bundle Deal: The Miracle of Spotify’s Paid Subscription Numbers
Source:
HypeBot
We all knew it was coming. Of course Spotify was going to answer back the big ballyhoo of Apple Music’s underwhelming unveiling. By digital music veteran Jon Maples from his blog It came today as Spotify announced 1) that it now had 20 million premium users 2) that it was paying more than ever for content ($300 million in the first three months of 2015!) and once again, tried to clear up the misconception of free music. As we all know, Spotify ...
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A2IM Cautions Indie Labels Not To Sign Current Apple Music Offer
Source:
HypeBot
After a source shared the contract that Apple Music was offering independent record labels, we wrote about Apple's insistence that no money would be paid to rightsholders during the 90 day free trial of its new subscription music service launching on June 30th. Apple's iTunes is among the top sources income for most labels; and 90 days without income while, as expected, millions shift from downloads to subscription streaming could cripple many independent labels. U.S. indie music trade group A2IM ...
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Ornette Coleman: Last Word
Source:
JazzWax by Marc Myers
On Friday, the Wall Street Journal's Arts in Review editor asked me for a career essay on Ornette Coleman, who died on June 11 at age 85 (go here). So I spent the weekend listening to Coleman's albums—both of the Contemporary releases, all of the Atlantic recordings as well as his celebrated works over the decades. My conclusion is that for too long, Coleman has been a misunderstood and maligned figure whose music has been viewed politely by jazz traditionalists ...
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5 Cloud Storage Options for Musicians and Labels
Source:
HypeBot
What happens when you have new music recorded and not enough space to store it? You may want to check out getting some cloud storage. Check out today's article to see some of the best options for storing your music on the cloud. Musicians and DJs are often in the space of creating. They make new songs and mixes so much that, before you know it, your entire hard drive is filled. So what do you do? You could, of course, ...
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More On Bitcoin and the Music Industry
Source:
HypeBot
BlockChain and the Music Industry... Wait! I thought we were talking about Bitcoin? In part one we delved into the wild and wacky world of Bitcoin and cryptocurrency. If you have not read it, here is the link. Are you finished? Are you back yet? Good, let’s proceed. Guest Post Written By Alan Cross On A Journal of Musical Things Blog In the last article we ventured into the world of bitcoin and discovered its implications on the music industry and why ...
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8tracks Secures $2.5M, TuneCore and Naxos Sign On Expanding Music Library To 9M Tracks
Source:
HypeBot
8tracks is a rarity in music tech. It's profitable and has been since 2012. And despite a somewhat low profile, it's also hugely popular, particularly with fans of independent music. Popular fan curated playlist online radio app 8tracks has secured $2.5 million debt financing from Silicon Valley Bank. The company also announced partnerships with TuneCore, Naxos, Black Hole Recordings and Armand Van Buuren’s Armada Records, adding 2.5 million tracks to its now 9 million song library. Since launching in 2008, ...
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