Kill The Record Industry
36.0K views | +0 today
Follow
Kill The Record Industry
Kill The Record Industry / Save The Music
Curated by Pierre Priot
Your new post is loading...
Your new post is loading...
Scooped by Pierre Priot
Scoop.it!

The great big Spotify scam: Did a Bulgarian playlister swindle their way to a fortune on streaming service?

The great big Spotify scam: Did a Bulgarian playlister swindle their way to a fortune on streaming service? | Kill The Record Industry | Scoop.it
Did a canny scammer suck over $1m from Spotify's royalty pool last year?
Pierre Priot's insight:
Forget about BitCoin mining, let's got Spotify scamming!
more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Amazon Music: The Dark Horse Comes Out Of The Shadows | MIDiA Research

Amazon Music: The Dark Horse Comes Out Of The Shadows | MIDiA Research | Kill The Record Industry | Scoop.it
amazon music now 3rd largest streaming services., 162.6 million music subscribers globally, midia research
Pierre Priot's insight:
Don't underestimate Amazon's "music" streaming service ; when it comes to evil, Amazon is always leading the pack
more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

PRS for Music study shows that stream-ripping has increased 141% to become most aggressive form of music piracy

PRS for Music study shows that stream-ripping has increased 141% to become most aggressive form of music piracy | Kill The Record Industry | Scoop.it
The reasons given for stream-ripping were: music was already owned by the user in another format (31%); wanting to listen to music offline (26%), or on the move (25%); unaffordability (21%) and overpriced music (20%).
Pierre Priot's insight:
The Record Industry may learn a couple of lessons from the stream ripping pirates
more...
Giovan Delgado's curator insight, October 18, 2017 2:13 PM

With the numbers in stream-ripping, this could damage the industry in a major way. People have developed many ways to rip music, and websites have been created for the sole purpose of this, artists can lose a lot of revenue due to all of this. Youtube does not give much when you create and post something, and with the increase in numbers of people ripping music the creators in question could receive almost nothing from Youtube themselves. This website can give information on whats happening with specific artists and anything revolving around the industry. Professionals can use this because of the news this website covers in terms of what's going on with specific artists and the industry as a whole.

Scooped by Pierre Priot
Scoop.it!

Spotify's Latest Offer To Labels: A 14% Lower Royalty Rate

Spotify's Latest Offer To Labels: A 14% Lower Royalty Rate | Kill The Record Industry | Scoop.it

Spotify's latest offer to record labels marks an almost 14% reduction in payments, according to the Financial Times: "Spotify made its latest offer before Christmas: it proposed cutting its royalty fees to about 52 per cent of sales from its current 58 per cent share — which at least one of the major record labels is warming to, according to people briefed on the negotiations." In exchange for the lower tariff, the music labels are considering multiple concessions from Spotify, including stock, big upfront payments and increased restrictions on its free ad-supported music tier.

Pierre Priot's insight:
Streaming royalty rates keeps plunging as per stream revenue fails to grow - i.e. new evidence that "The Streaming Business Model Is Broken"
http://bit.ly/2jtL9it
more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Don't believe the hype about human music curators

Don't believe the hype about human music curators | Kill The Record Industry | Scoop.it
All signs point to more stuff like this in our future. Apple's big new feature this year is a Discover Weekly knockoff called Discovery Mix. Pretty much everyone is talking about getting deeper into personalized recommendations, which inevitably means recommendations that depend more on AI. Even Pandora has steadily shifted away from human-powered labeling in favor of big data analysis.
Pierre Priot's insight:
I could hardly disagree more with this fellow.
Playlists should not be evaluated based on efficiency and audience acquisition, but on sense, meaning, feelings... human factor.
more...
Jason Huskey's curator insight, March 21, 2017 9:54 PM

Accuracy- The information is accurate and based on current market trends and data.

 

Currency- The article is Less than a year old.

 

Objective- This article is based on hard date and trends.

 

Authority- UK Business Insider is reputable and they back up their statements with source links.

Scooped by Pierre Priot
Scoop.it!

Vinyl Generates More Revenue Than YouTube Music, VEVO, SoundCloud, and Free Spotify COMBINED - Digital Music News

Vinyl Generates More Revenue Than YouTube Music, VEVO, SoundCloud, and Free Spotify COMBINED - Digital Music News | Kill The Record Industry | Scoop.it
  Vinyl sales have been surging for years.  But now, the oldest format on the market is generating more revenues than all ad-supported on-demand streaming music services,...
Pierre Priot's insight:

Yet another perfect demonstration of real numbers telling a fake story.

$221M is the total amount of US vinyl ; only a small piece of that pie will bring revenue to copyright holders when stores, distributors, labels... have taken their share.

The other figure is free streaming royalties revenue, which is ridiculously low compared to the actual ad revenues driven to digital services (hint: billions).

more...
Cy Queen's curator insight, September 26, 2015 2:41 PM

Are you making sure to ad Vinyl to your marketing efforts?
Looks like you REALLY should!

John Joseph's curator insight, October 7, 2015 2:36 AM

Vinyl is beating all these services on the market and that is amazing considering how much all these services like YouTube and Spotify make annually.

Scooped by Pierre Priot
Scoop.it!

Streaming Music Service Deezer Plans IPO to Challenge Spotify, Apple

Streaming Music Service Deezer Plans IPO to Challenge Spotify, Apple | Kill The Record Industry | Scoop.it
Deezer filed for an initial public offering to raise funds as the French music-streaming service seeks to challenge Spotify and Apple.
Pierre Priot's insight:

Deezer is in it for the big game. IPO would see Deezer competing with Spotify and Apple on the US market, hunting where the big bucks grow.

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

BREAKING: Believe Digital Is About To Screw 100k Musicians

BREAKING: Believe Digital Is About To Screw 100k Musicians | Kill The Record Industry | Scoop.it

Artists will receive an email from TuneCore in “a few days” with a promo code to re-distribute their releases “for free” for the first year.

Sounds reasonable right? Except, it’s not at all.

For one, Zimbalam artists were promised when they signed up that there would be “no annual fees” and “no hidden charges.” Except, now there are. $50 a year PER ALBUM and $10 a year per single. You distributed 4 albums with Zimbalam over the years? Well, now you owe $200 A YEAR if you want to go with TuneCore. Been putting out a single a week for the past year? It will now cost you $520 a year on TuneCore.

 

 

Pierre Priot's insight:

Acquisitions & market consolidation will bring no good to indie + self released artists.
If you're currently tied with Zimbalam/Tunecore, you should be considering other options (CDBaby would be on top of my list)

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

This was Sony Music's contract with Spotify

This was Sony Music's contract with Spotify | Kill The Record Industry | Scoop.it
Over the last year the music industry has been in flux as artists, labels, and streaming services jockey over the best way to build the future of their business. Taylor Swift pulled her catalog from Spotify; Tidal launched a new platform owned by artists, not record companies; and Apple is preparing to muscle in on the market with its own offering. The one thing missing from much of this discussion has been the details on how deals get done between these groups, but that is no longer the case.
Pierre Priot's insight:

So you thought Spotify would treat majors and indie labels just the same? You couldn't be any wronger.

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

YouTube just put the final nail in the Loudness War’s coffin

YouTube just put the final nail in the Loudness War’s coffin | Kill The Record Industry | Scoop.it

This is HUGE. It may not look like much, but if you’re involved in music production, recording, mixing or mastering, this image could be the most important thing you’ll see all year.

Pierre Priot's insight:

The loudness war keeps on roaring. This time YouTube pulls out the ultimate mastering engineer nightmare 

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Smells Like Teen Enron: Pandora Sues Songwriters Again. Why?

Smells Like Teen Enron: Pandora Sues Songwriters Again. Why? | Kill The Record Industry | Scoop.it

Pandora is currently suing BMI songwriters over the rate it will pay for the next 4 or 5 years.

Pandora wants to pay 1.75%.  BMI songwriters would like them to pay 2.5%. In 2014 Pandora paid BMI $16.1 million dollars.   So basically Pandora is using the entire apparatus of the federal courts to get a reduction of less than $7 million dollars in 2015.  If it’s a 4 year deal that means Pandora saves $28 million dollars (Pandora growth has virtually stopped).  Court cases like this have typically cost the parties tens of millions of dollars.  This does not include the millions it costs taxpayers.

Pierre Priot's insight:

Ever get the feeling you've been cheated?

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

With Downloads In Decline, Can iTunes Adapt?

With Downloads In Decline, Can iTunes Adapt? | Kill The Record Industry | Scoop.it
Apple's innovative iTunes music service is still the market leader in music downloads, but after more than a decade of growth, sales of music tracks on iTunes have been declining. Last year saw the largest drop in sales — 14 percent. The drop is attributed to the increasing popularity of streaming music services such as Spotify, Pandora and YouTube. These services give fans access to millions of tracks from any Internet-connected device for a monthly fee or in return for listening to commercials.
Pierre Priot's insight:

If the Internet eventually kills iTunes, I won't feel sorry for Apple!

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Whiskeytown's dollars and cents -- but really just cents

Whiskeytown's dollars and cents -- but really just cents | Kill The Record Industry | Scoop.it

By some accounts, Whiskeytown alumnus Ryan Adams has done well enough in the music business to amass a sizable fortune. But just in case you’re under the impression that playing in a rock band is a path to riches for everyone, check out the Facebook post that Whiskeytown drummer Skillet Gilmore put up yesterday, concerning his quarterly earnings for “Midway Park” (one of Whiskeytown’s best songs, and kickoff track to the 1996 full-length debut Faithless Street)

 

 

Pierre Priot's insight:

Yet another example of the streaming industry's royalty remuneration failure.

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Spotify Attorney Estimates the Service Infringed 300,000 Songs in Settlement Hearing

Spotify Attorney Estimates the Service Infringed 300,000 Songs in Settlement Hearing | Kill The Record Industry | Scoop.it
Spotify is said to be preparing an initial public offering -- perhaps a “direct listing” that would take place next year. It still faces one significant obstacle, however: Copyright issues around compositions it didn’t license.
Pierre Priot's insight:
Bummer, weren't they just claiming they're only meaning to share revenue with artists and copyright holders?
more...
g.leaf's curator insight, December 9, 2017 2:50 PM

I always wondered about who was paying for these streaming services as well, with millions of people paying only paying $10, some even $5 a month to have most commercially made music in one app or website. "Spotify made a decision to stream first and do some of the required paperwork later." It seems here that streaming companies raced to see which one would open to the public first and some skipped the required paperwork and are now suffering.

 

billboard is an American entertainment media brand owned by the Hollywood Reporter-Billboard Media Group, a division of Eldridge Industries.

 

Although I'm not sure how many audio industry professionals rely on it for their own news, it has had its share of professionals in the industry. This includes Tony Gervino, who was editor-in-chief from 2014 up until late 2016. He was just recently hired for vice president of the streaming service Tidal, a major Spotify competitor.

Chris Kehoe's curator insight, December 10, 2017 9:05 PM
This is the deeper negative aspect of streaming services that a lot of people wouldn't normally care about. If a company is streaming songs without permission from the owners, the end result can be quite damaging to the company. The fact that Spotifiy themselves say they have poor record keeping, and refusing to say how many songs are in question of being streamed, is concerning to hear. It's just unacceptable for a music related application to have this issue. Billboard is a pretty big name in the music industry. It's a good source of new information and mainstream news regarding big happenings in the music world. I would use this source again for music articles. 
Jermaine James's curator insight, February 17, 11:41 PM
This is yet another instance where big business has been taking advantage of producers, composers and songwriters. Now that the RIAA has moved on that bill, class action settlements are starting to unfold left and right because these big businesses have used other peoples material to get wealthy. I dont agree with it. It obviously take a while to establish a following, where artist, producers, songwriters and composers have have a direct to fan relationship but that is the best business model available. At least by creating this you establish a straight to consumer relationship and cut out unnecessary expenses. BillBoard is a creditable source for music news and a lot of people in the industry turn to billboard for music updates and accolades. 
Scooped by Pierre Priot
Scoop.it!

Spotify denies filling popular playlists with 'fake artists'

Spotify denies filling popular playlists with 'fake artists' | Kill The Record Industry | Scoop.it
Streaming music company rejects accusations that it is padding out popular playlists such as Sleep and Ambient Chill with fake artists
Pierre Priot's insight:
Spotify force feeding its fat goose audience
more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

From streaming to stream-ripping, new data signals the death of music sales.

From streaming to stream-ripping, new data signals the death of music sales. | Kill The Record Industry | Scoop.it
Along with all the musical icons who died in 2016, so did the last hope of digital music as any sort of sales savior.
Pierre Priot's insight:
More rock solid evidence that the newish streaming business model fails to provide an actual revenue to music makers
more...
Jason Huskey's curator insight, March 21, 2017 9:56 PM

Accuracy- The information is accurate and based on current market trends and data.

 

Currency- The article is current as of January 2017

 

Objective- This article is based on hard date and trends.

 

Authority- The Index is reputable and they back up their statements with source links.

Jr Gonzalez's curator insight, October 12, 2017 6:41 PM

Dead Sales

Jr Gonzalez's comment, October 15, 2017 10:13 PM
This article is more informative rather than opinionated. It sources it's information with links that support the statements.
Scooped by Pierre Priot
Scoop.it!

Why The Streaming Business Model Is Broken - MTT - Music Think Tank

Why The Streaming Business Model Is Broken - MTT - Music Think Tank | Kill The Record Industry | Scoop.it
The more people play stream, the smaller the piece of the pie to be shared with each copyright holder. The availability of unlimited streaming for subscription users makes it impossible to keep revenue in sync with spins.
The per-stream-revenue ratio keeps plunging down as more and more users make the jump and quit physical and even downloads to switch to streaming services. Even if a large fringe a them may subscribe to a plan, may it be Apple Music, Spotify, Deezer or Tidal, the revenue won’t match the huge tidal wave of stream spins - over 200 billions as the industry expects for 2016.
Pierre Priot's insight:
Streaming Broken Math - The more people play stream, the smaller the piece of the pie to be shared with each copyright holder.
more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Infographic: Music Streaming Revenues Surpass Physical Format Sales

Infographic: Music Streaming Revenues Surpass Physical Format Sales | Kill The Record Industry | Scoop.it
This chart breaks down U.S. music industry revenues by type of distribution.
Pierre Priot's insight:

Yet another revenue breakdown chart.

And again, this infographic fails to provide clear data. What's revenue? What's physical sales revenue? Are records stores sales included?

What's streaming revenue? Is that spotify/apple/pandora revenue? Or is that the cut they leave to labels & artists?

Again, this bring more questions than intelligence.

more...
Lyndie Wenzloff's curator insight, December 2, 2015 1:35 PM

This chart displays the statistics of revenue that came from the different types of distribution ways in the first half of 2014 and 2015. Note that physical album sales have dropped by $150 million, downloads have dropped by $100,000, while streaming has increased by $200 million. The source seems to be credible because the website only posts charts from studies and reports.

Brandon Weaver's curator insight, December 2, 2015 4:59 PM

Streaming services are the new "it" thing for music. It was inevitable that streaming would surpass physical sales when people don't make physical copies as much as they used to. 

Ramone Erving's curator insight, January 13, 2016 12:02 PM

Summary: Digital downloads and streaming is making more money than physical copies, and the physical copy sales are continuously decreasing. 

Pros: Giving streaming companies the ability to grow and expand

Cons: The physical copies of music will soon be minuet 

Scooped by Pierre Priot
Scoop.it!

Here's why Spotify thinks 'free' music is actually worth billions - Music Business Worldwide

Here's why Spotify thinks 'free' music is actually worth billions - Music Business Worldwide | Kill The Record Industry | Scoop.it
The New Audio report makes strong pitch for $8bn audio ad market in EU
Pierre Priot's insight:

"The New Audio Report" discloses Spotify's evil plan for global ad-powered radio domination aka "Attention Grabbing" as the report puts it.

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

RIAA - RIAA 2015 Mid-Year Music Sales and Revenue Numbers Released - September 22, 2015

RIAA - RIAA 2015 Mid-Year Music Sales and Revenue Numbers Released - September 22, 2015 | Kill The Record Industry | Scoop.it

"The data continues to reflect the story of a business undergoing an enormous transition. There are many positive signs: continuing the trend from 2014, wholesale revenues for the first half of 2015 increased. And revenues from streaming music services continue to grow at a healthy double digit rate. The product of music and the extraordinary roster of artists represented by today’s music labels remains in high demand. That is the bedrock of a successful future.

At the same time, intense demand and billions of streams does not always equal fair market rates or a fair playing field. Addressing that is an essential element of fulfilling the enormous promise of today’s digital marketplace.”

 

- RIAA Chairman and CEO Cary Sherman

Pierre Priot's insight:

US digital music revenue is growing, RIAA claims, despite its shift from download sales to streaming.

more...
Nzinga Austin's curator insight, September 14, 2016 2:06 PM
I am curious to see the direction music will take over the next 5 years 
Scooped by Pierre Priot
Scoop.it!

Music streaming doubles as plays reach almost 15 billion in a year

Music streaming doubles as plays reach almost 15 billion in a year | Kill The Record Industry | Scoop.it
Data from Kantar Worldpanel showed that over a quarter of adults (26.8%) used a dedicated music streaming service such as Spotify, Deezer, Google Play or Rdio at some point in 2014, with around 1 in 16 adults using the paid tier of one for at least part of the year.

The BPI’s report also revealed a slow-down in the rate of decline of CD album sales and vinyl sales reaching a 20-year high at 1.3 million sales in 2014, as listeners adopt a "multi-channel" digital/physical approach to music consumption.
Pierre Priot's insight:

Streaming doubles in UK, and yet vinyl sales hit a 1.3M figure ; could streaming be actually boosting physical sales?

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Can Apple Bring About the End of Free Streaming?

Can Apple Bring About the End of Free Streaming? | Kill The Record Industry | Scoop.it

Jimmy Iovine and the major labels are conspiring to get rid of free. Not only the free tier on Spotify, but on YouTube too. Apple writes a check to the labels at 40 million subscribers for years, whether they reach that number or not, and everybody pays for music.

 

 

Pierre Priot's insight:

No doubt Apple, Iovine and Majors want to secure an exclusive revenue feed by killing all free alternatives, may they be legit or pirate.

 

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

YouTube: 1 Billion Viewers, No Profit

YouTube: 1 Billion Viewers, No Profit | Kill The Record Industry | Scoop.it
YouTube accounted for about 6% of Google’s overall sales last year, but the video website doesn’t produce a profit—despite a billion monthly users. New efforts to build ad revenue include tapping into Google’s search data, subscriptions for non-music content and other changes.
Pierre Priot's insight:

Google's not making the money it would expect from Youtube?

Blame it on copyright holders and bloody artists! 

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Latest ARIA Figures Reveal Streaming And Subscription Services Revenue Doubled In 2014 | Brag Magazine

Latest ARIA Figures Reveal Streaming And Subscription Services Revenue Doubled In 2014 | Brag Magazine | Kill The Record Industry | Scoop.it

Subscription service income jumped twofold to $23 million. Revenue from streaming services was up 111% from 2013. Digital subscription and free ad-supported models now make up 10% of the total market. The message from music fans continues to be clear: give us an inexpensive alternative, and we won’t download illegally.

Pierre Priot's insight:

Streaming doubles revenue in Oz but fails to save the overall industry balance

more...
No comment yet.
Scooped by Pierre Priot
Scoop.it!

Las escuchas de canciones de Ramones aumentan un 300% en Spotify | Industria Musical

Las escuchas de canciones de Ramones aumentan un 300% en Spotify | Industria Musical | Kill The Record Industry | Scoop.it

Desde el anuncio de la muerte de Tommy Ramone el número de escuchas del grupo en Spotify ha crecido un 300%.

Pierre Priot's insight:

Hey ho, let's stream!

more...
No comment yet.