"When it comes making money, the music industry – from labels, to artists, managers, promoters and venues – is stuck in the past. While the industry has embraced digital technology for production and distribution, almost everyone still insists on selling albums and songs. And while the industry continues to plod forward with its model of selling music "products," fans have moved on. They want music for free, but are willing to pay for music 'experiences.'"
Regulators are not known to be fleet of foot when it comes to responding to market conditions -- it can take years for something to get passed, or for fines to be levied on companies that violate antitrust rules, for example -- but you can't knock...
Meanwhile on Spotify’s app platform comes the launch of David Guetta’s ‘PLAY GUETTA’ app. Back when Spotify launched artist apps back in June I said that they were a great start on the rod to relevance for streaming music services and music discovery but that there was a long distance to go (which was a polite way of saying that the first wave of apps weren’t very good). The David Guetta app is a different kettle of fish altogether. Whereas the first wave of apps had an air of unfulfilled promised ‘PLAY GUETTA’ is a rich, immersive and – crucially – massively social app. As a testament to the importance of Spotify’s app ecosystem, ‘PLAY GUETTA’ is built using the Soundrop SDK, itself a Spotify app.
Our collective enjoyment of music is intrinsically tied to place, memory and personal experience; any debate regarding favoured format is therefore likely to elicit a passionate response. First and foremost, it’s a deeply human topic – be it a pile of personalised mix tapes from old friends, a treasured stack of original reggae 12”s or even a lovingly curated iTunes party playlist – most music lovers have significant memories attached to their collections and, by proxy, their favoured listening medium.
We’ve heard rumors that Apple would start selling high-resolution music — as in “better than CD quality” — for years, but so far, “lossless” has been as good as it gets, and the only way to get it in iTunes is to rip your own CDs. Evolver.fm has received word from legendary sound engineer Tony Faulkner that Apple is accepting high-resolution music files for iTunes, even if it is not selling them (yet?).
If streaming saved Sweden from a precipitous sales oblivion, why isn't the same thing happening in other countries? Here's one reason: streaming just isn't as big or important in other countries, and is less a percentage of broader digital consumption.
Deezer, the music streaming service which raised $130 million this fall to expand its business internationally, is today making good on those ambitions with launches in twenty-two new regions across the Middle East, Asia, Africa and Brazil.
Guest post by Sagee Ben-Zedeff (@sageeb) for sidewinder.fm, a music and tech think tank. Ben-Zedeff is the founder and CEO of Serendip Media. Three months ago, Nielsen published one of my favorite reports of the year, Music 360.