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Less Than 2% of Americans Are Paying for Music Subscriptions...

Less Than 2% of Americans Are Paying for Music Subscriptions... | Musicbiz | Scoop.it

Does this ever get to 20%? There are approximately 318 million people living in the United States right now.  According to stats received this morning...

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SoundCloud Lays Off 40 Percent of Staff, Commits to 'Independent Future'

SoundCloud Lays Off 40 Percent of Staff, Commits to 'Independent Future' | Musicbiz | Scoop.it

SoundCloud laid off 173 staffers, or approximately 40 percent of its workforce, and consolidated its operations into offices in Berlin, where the streaming service is headquartered, and New York, closing its London outpost.

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Money, cash, woes: Jay-Z's 'exclusive' new album may be a sign of Tidal's failure

Money, cash, woes: Jay-Z's 'exclusive' new album may be a sign of Tidal's failure | Musicbiz | Scoop.it

The rapper who was once hip-hop’s biggest star has a new album, 4:44, that seems like a play to prop up Tidal and put business before music

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Spotify surpasses 140m active users - up by 100m in just three years

Spotify surpasses 140m active users - up by 100m in just three years | Musicbiz | Scoop.it

Spotify has officially confirmed that its platform’s audience is now made up of more than 140m monthly active users.

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Concord's $500m Imagem buy marks the birth of a major player in music

Concord's $500m Imagem buy marks the birth of a major player in music | Musicbiz | Scoop.it

The whopping pricetag is one of the biggest in music business history

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Who’s Leading The Streaming Pack?

Who’s Leading The Streaming Pack? | Musicbiz | Scoop.it

Subscriber numbers only tell part of the streaming story. They are solid indicators of commercial success, but can often obscure how well a service is doing in terms of engaging its user base. That’s why we track the main music services’ active user bases every quarter.

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Richard Russell’s XL Recordings Empire

Richard Russell’s XL Recordings Empire | Musicbiz | Scoop.it

By signing artists like Adele and Vampire Weekend, the label banks on long-term potential instead of chasing viral hits.

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Unlimited editions: how the music box set has managed to survive

Unlimited editions: how the music box set has managed to survive | Musicbiz | Scoop.it

High-profile new box sets from Beyoncé, Radiohead and the Beatles are appealing to an audience still willing to spend big on physical media

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LaDarius Horton's curator insight, May 21, 10:54 PM
I feel like this article wanted to point out the losses that Spotify took, but if you profited 3 billion would you care about a loss like that? I wouldn't. I would make sure that I fixed the problem for the next year. Here are more reliable resources on the same topic:http://tinyurl.com/l79s28k
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Warner Music Group Extends Deal With YouTube

Warner Music Group Extends Deal With YouTube | Musicbiz | Scoop.it

Warner Music Group has extended its recorded music and publishing deals with YouTube, according to a memo by WMG CEO Stephen Cooper obtained by Billboard.

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Now indie labels can window albums on Spotify Premium thanks to Merlin deal

Now indie labels can window albums on Spotify Premium thanks to Merlin deal | Musicbiz | Scoop.it

Like Universal deal, new agreement includes ability to 'window' album releases

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Facebook Adds Spotify Bot to Messenger, Apple Music Coming 'Soon'

Facebook Adds Spotify Bot to Messenger, Apple Music Coming 'Soon' | Musicbiz | Scoop.it

Facebook is giving the 1.2 billion people who use Messenger every month a handy way to share music.

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The Mastermind Behind Coachella

The Mastermind Behind Coachella | Musicbiz | Scoop.it

How Paul Tollett wrangles the biggest artists in the world into performing in the California desert.

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Can Incoming RIAA Head Make U.S. Music Business Great Again?

Can Incoming RIAA Head Make U.S. Music Business Great Again? | Musicbiz | Scoop.it

As streaming grows, policy issues will only become even more important. Here are five of the most important issues on the next RIAA chief's plate.

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Spotify will window albums on premium, as Universal finally inks new deal

Spotify will window albums on premium, as Universal finally inks new deal | Musicbiz | Scoop.it

Daniel Ek can sleep a little easier as recorded music's biggest company signs agreement

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The Secret Lives of Playlists

The Secret Lives of Playlists | Musicbiz | Scoop.it

Not all Spotify playlists are created equally. To begin understanding this, look at them closely. Literally.

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How Amazon's Echo Is Making Major Labels Rethink Their Tunes

How Amazon's Echo Is Making Major Labels Rethink Their Tunes | Musicbiz | Scoop.it

As voice-activation technology from Amazon, Google and Apple goes mainstream, labels are looking to adapt to -- and capitalize on -- the latest frontier.

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Apple Music Hits 27 Million Subscribers

Apple Music Hits 27 Million Subscribers | Musicbiz | Scoop.it

During Apple's Worldwide Developer Confernce today out of San Jose it was revealed that Apple Music now has some 27 million subscribers, up from the 20 million figure that’s been bandied about since last December, and some 40 million songs in its catalog

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Spotify hopes going public will cement streaming as music's future

Spotify hopes going public will cement streaming as music's future | Musicbiz | Scoop.it

As music industry celebrates second straight year of growth, service hopes to buck trend of tech industry disappointments on Wall Street

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Rob Stringer sets out his vision for Sony Music leadership - Music Business Worldwide

Rob Stringer sets out his vision for Sony Music leadership - Music Business Worldwide | Musicbiz | Scoop.it

Recently-promoted exec talks China, international, and "very aggressive" acquisition strategy

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Spotify revenues topped $3bn in 2016, with losses above $330m

Spotify revenues topped $3bn in 2016, with losses above $330m | Musicbiz | Scoop.it

If correct, figures would mean losses growing faster than revenues

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David Forsch's curator insight, May 21, 8:53 PM

Its weird to read the ups and downs companies go through. I believe this is a great source because its factual sources. Along with is capability to relay the information clearly.

This would serve to a great interest to anyone in the music industry.

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Lyor Cohen, YouTube’s music ambassador, makes his case to the big music labels

Lyor Cohen, YouTube’s music ambassador, makes his case to the big music labels | Musicbiz | Scoop.it

Warner Music Group signed a deal with YouTube and then complained about it. Here’s the video site’s response.

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Music industry hits 'historic tipping point' as upturn continues

Music industry hits 'historic tipping point' as upturn continues | Musicbiz | Scoop.it

Second year of growth after recording 40% decline over previous 15 years, with streaming hailed as revitalising sector

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From Kanye to Kings of Leon, Why Artists Need Creative Directors In The Age of Instagram

From Kanye to Kings of Leon, Why Artists Need Creative Directors In The Age of Instagram | Musicbiz | Scoop.it

Virgil Abloh made the “creative director” title something of a buzzword in the music industry. Andra Day and Wiz Khalifa each have one; The Weeknd works with La Mar Taylor, while Travis Scott has Marc Kalman. Says Mazdack Rassi who is creative director of Milk Studios, a media and events company and agency: “Many [artists] run their teams like a creative agency and what’s great about this format is that they get to own their own brands.”

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Last of the record men: Seymour Stein looks back on 50 years of Sire Records

Last of the record men: Seymour Stein looks back on 50 years of Sire Records | Musicbiz | Scoop.it

Seymour Stein, the veteran record executive who helped launch the careers of the Ramones, Madonna and Talking Heads, looks back as his label, Sire Records, celebrates its 50th anniversary.

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Music industry goes to war with YouTube

Music industry goes to war with YouTube | Musicbiz | Scoop.it

Record labels are angry about the relatively small fees the platform pays for music videos compared with streaming services

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Ruth Caruth's curator insight, April 16, 3:32 PM

YouTube is the place to go to watch music videos. So why not get paid for it? Of course this would anger the competition, but its okay. 

Guillaume Fierens's curator insight, April 17, 6:57 AM
Brilliant article from The Guardian Showing some interesting facts about Youtube. The music industry is huge and making money is a lot more complicated than we thought. The real problem for some is this online music who doesn't pay much for the artists. A little piece of explanation here with some very interesting numbers.
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Universal And Spotify’s Deal Is An Even Bigger Deal Than It Looks

Universal Music and Spotify have finally agreed on terms for the streaming service’s new licensing deal which reportedly includes better rates tied to growth targets and premium windowing. Check out Tim Ingham’s piece for detail on the deal. Although the big focus across the industry so far is, understandably, on what this means for…

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