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9 Reasons Apple and Google Should Be Worried About Amazon
This guest post comes from Paul Lamere of The Echo Nest and his blog Music Machinery. For the last year we've heard rumors of how both Apple and Google were getting close to releasing music locker services that allow music listeners to upload their music collection to the cloud giving them the ability to listen to ...
Facebook is Not the Sales Tool You'd Hoped For [chart]
It's pretty well proven that Facebook is a great way to find fans and communicate with them. But is it also a great place to sell? Some music commerce services like Moontoast have made Facebook sales tools their lead products, but a new Goldman Sachs survey shows that social networks may not be a major driver ...
Does Pandora Imbue Impulsive Behavior?
In the past several months, I've spent lots of time using Pandora. Due to this, I've wondered if Pandora imbues impulsivity in us like email does. The reason why email is addicting is because it comes at varied times. In this sense, email is like a slot machine. We keep “pulling the lever" in hopes that ...
Is This Going Somewhere? Rhapsody's Grown 15% in Just One Year...
It's easy to write Rhapsody off as a hopeless niche play. In fact, that's exactly what JV partners RealNetworks and MTV Networks did one year ago. Yet oddly enough, that's just about when things started to grow! Today, Rhapsody celebrates its first year of independence (no, this isn't a formerlycolonized island nation), and its newfound freedom ...
RIAA Declares: Being Signed to a Major Label Rocks!
It turns out that 3 out of 4 artists want to be signed to a label, according to a joint survey conducted by Digital Music News and ReverbNation. Most of the participants saying 'yes' wanted major label deals, but does that mean that major deals “rock"? Well, according to the RIAA, that's exactly the conclusion we ...
ASCAP Revenues Fall 6%
A report just released by ASCAP (American Society of Composers, Authors and Publishers) shows a 6% drop revenue in 2010 to $935 million. Despite the decline ASCAP paid out $845 million in distributions to members, a decline of just 2.1%. They blamed the fall in revenue on the slower economy and court setbacks which lowered certain ...
$7000 Per Copy Report Says U.S. Digital Sales Will Pass CDs in 2012
You could pay $6999 for Strategy Analytics' Digital Media Strategies report, “Global Recorded Music Market Forecast“ or I can just tell you that it says that that digital sales will pass CD sales next year in the U.S. For you're $7K they'll also tell you: Total recorded music sales in the US declined by 7% to ...
Why Warner Music Shares Just Jumped 16%...
This part isn't about the music, really. It's about making a killing off of something about to be sold, which definitely describes Warner Music Group. And with that in mind, comments from suitor Bertelsmann sent investors rushing into Warner shares (WMG) during Tuesday trading. By the bell, WMG had gained13.25 percent to $6.58, after hopping as ...
Twitter Study: Just .05% Generate 50% of Action
A new Yahoo Research study confirms that Twitter is more of a hierarchical broadcast network than a social network. A striking concentration of attention on Twitter—roughly 50% of tweets consumed—are generated by just 20K elite users. Media produces the most information, but celebrities are the most followed. The study also found a significant homophily within groups: ...
Another Study Predicts Cloud Music to Boom
Earlier this month, ABI Research predicted that cloud music to boom in the next five years, reaching a subscriber of 161 million by 2016. They believed that smartphone penetration, a lowering in price, and an emerging Asia-Pacific market would give services like Spotify and Rhapsody a boost. Now, Juniper Research is saying similar things; they suspect ...
