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A Streaming Service's Metamorphosis: Radical.FM Founder Shares His Startup Journey
In this piece traveler and music business entrepreneur Tom McAlevey walks us the through the development of his music streaming startup Radical.FM and how the service has evolved over time to fit the needs of the industry. Guest Post by Tom McAlevey on Radical Indie My life swings between insane adventures and intense business undertakings like a ...
Social Music Company BandLab Buys Major Stake In Rolling Stone
Even as streaming has helped the music industry right itself, rock journalism is still undergoing major upheaval. In the latest chapter, a Singapore-based social music company acquired a substantial stake in venerable music magazine Rolling Stone. BandLab Technologies, a Singapore-based social music company, has acquired a substantial minority stake in Rolling Stone music magazine. According to the ...
Data From Music Streamers Saved Label $1 Million This Year, Says Big Machine's Scott Borchetta
Like it or not, data drives the music industry. That's particularly true of labels that compete for commercial radio play. Data, including expensive focus groups, drives what and how they pitch, and streaming data has rapidly become an essential and free source. “We can’t get enough data,” said Big Machine Label Group chief Scott Borchetta, responding to ...
Streaming Hits Important Mile Marker In 2016
While streaming's growth has certainly been noticeable in 2016, the full extent is greater than many previously thought. Indeed, recent stats show that purchase revenue barely surpased non-purchase revenue, putting streaming in a dead heat with retail and downloads. By Glenn Peoples of Pandora Two new reports, one for the U.S. and one for many large ...
Where The Music Business Stands Midway Through 2016 [RIAA Report]
Although it's been about half a decade, the music business has, at long last, seen some appreciable growth in 2016, thanks largely to streaming. However, music continues to be undervalued, and the industry remains hobbled by outdated laws. Guest post by Cary Sherman, Chairman & CEO, RIAA For the first time in over a decade, we can ...
Sonicbids To Shut Down ArtistData To Shut Down Next Month
ArtistData is shutting down in October. The free service, which allowed musicians to syndicate tour dates across multiple sites and platforms, was launched by Cluster Labs co-founder Brenden Mulligan in 2008 and acquired by Sonicbids in 2010. Sonicbids owned ArtistData is shutting down on October 14th and all artist profiles and data will be removed. The ArtistData widget ...
Did Apple Music, Spotify Just Win The Streaming Wars? [Mark Mulligan]
Although streaming in general has seen strong growth in 2016, it seems this recent build in subscribers has largely been isolated to two major players in the streaming wars, Apple Music and Spotify, leaving smaller contestants in the dust. Guest Post by Mark Mulligan on his Music Industry Blog Spotify has just delivered 2 landmark data points: 40 ...
Ole Lands $500 Million Credit Line To Fund Aquisitions
Independent music publisher Ole has received a $500 million credit line to fuel acquisitions. It part of a trend that has seen everyone from venture capitalists to established publishers vying for song catalogs. ole, the independent music publishing and rights management company, has secured a $500 million USD credit facility from 12 U.S. and Canadian banks ...
Why People Pay For Subscription Entertainment Services
Here Karen Allen looks what makes a person willing (or unwilling) to pay for subscription entertainment, depending on whether the content they're accessing is premium or non-premium. Guest Post by Karen Allen on Medium I’ve been giving a lot of thought to subscription entertainment services and why people will or won’t pay for them. This is ...
Streaming Playlist Data: 10 Things You Need To Know
Many labels have begun tapping in to streaming playlist data, but much of said data requires some interpretation before it can be useful. Here Sammy Andrews debunks several streaming data myths, and works to explain what you can hope to learn from such information. Guest post by Sammy Andrews, the director of Entertainment Intelligence on Music Ally This guest column for ...
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