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Are The Record Labels Of The Future Already Here?
As advancements in technology continues to shift the music business landscape, the role of record labels has become uncertain. Here Cherie Hu examines what future record labels might look like, and if they might already be here. Guest post by Cherie Hu For record labels, technological change has created more questions than answers. Are they even ...
Device Restricted Music Subscriptions Are Coming...
Apple's decision to ditch the headphone jack highlighted the idea that future music services might soon be device specific, and it looks as though Amazon is taking the plunge by offering a subscription service with a strict one device limit. By Leigh Beadon on Techdirt In the last episode of the Techdirt Podcast, we discussed the DRM ...
Bob Dylan Pandora Station Adds Spike 1825%
After Bob Dylan won the Nobel Prize For Literature on Thursday, his week over week new station adds on Pandora spiked 1825%. Dylan streams on Spotify jumped 512%. Some individual track increases: It Ain’t Me Babe is up 166,833% Went To See The Gypsy is up 4,533% Mama, You Been On My Mind is up 2,566% Hard ...
Music Streaming Reaches A Tipping Point
It seems the industry has finally reached a point where music streaming revenue has become the greatest contributor of royalties for both artists and labels and, as purchases continue to drop, this increasing prominence of streaming will reshape many other aspects of the industry. Guest Post by Glenn Peoples on Medium Takeaways: Streaming will soon represent over half of all ...
U.S. Music Festivals And The 23%: What It Means For Livestreaming
Music festivals in the United States are incredibly popular and impressively well attended, but much of the social media buzz which is generated surrounding these events is created by those not actually in attendance, meaning there's a significant void to be filled by livestreaming. Guest Post from AmpLive Few industries in the US reach as many people ...
Down Under, Streaming Is Up, Downloads Are Down
In an extension of a music industry consumer trend seen in the United States, it seems our neighbors to the south are embracing the streaming age, as Australians increasingly eschew CDs and downloads in exchange for streaming. Guest post by Glenn Peoples of Pandora OK, not a big surprise here. Over the last two years, more ...
Download Revenue To Shrink 50% As Streaming Music Grows To 950 Million Users, Says New Analysis
Streaming music adoption is exploding, but just how big a can it get? And at how bad a hit will paid downloads take as streaming expands? Very big and very bad are the answers provided in a new report from Strategy Analytics. The number of streaming music users will more than double to in four years ...
Shazam Tops 1 Billion Downloads, Achieves Profitability
Shazam announced that it has has been downloaded more than 1 billion times. The hugely popular music discovery app also joined a very exclusive club: it's a profitable music tech startup. Shazam today announced several impressive financial and user milestones. The popular music discovery app has surpassed 1 billion mobile app downloads and achieved EBITDA* profitability thanks ...
Fans Favor Experiences Over Downloads
A new Nielsen Music 360 report is out revealing, perhaps not unsurprisingly, that fans would rather spend their hard earned cash on live music experiences than digital downloads, as well as several other revealing numbers regarding consumer habits. Guest post by Taylor Mims from Amplify Fans are more willing to spend more money on live music than digital downloads, ...
Consumerless Recovery: Music Revenues Up But More Pain May Be Coming [John Maples]
While the latest news from the music industry certainly seems positive, with eight percent growth in revenues courtesy of streaming, for those who look more closely there may also be some concerning indicators hidden within those numbers. Guest Post by Jon Maples News this week, for once, was positive for the music business. The RIAA released ...
