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How Spotify Engineered the New Music Economy

How Spotify Engineered the New Music Economy | Music Industry | Scoop.it
In a post-Napster music industry, Spotify seems to have concocted a winning monetization formula, but not all its participants are happy with the numbers.

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Bianca Brown's curator insight, October 13, 2013 5:46 PM

Spotify is good for letting the music industry for selling and listening numbers , instead of looking for social media webistes like facebook and/or twitter. Some artists do not have any knowledge about selling their music and knowing if it is good are not the billboard. Spotify can make you or break you for sells but sometimes this website maybe for availablity.

travis eskridge's curator insight, October 13, 2013 8:37 PM

the article talks about how succesful downloadable sites have become and how they play an important roll in the industry sites like napster and spotify.

Pros:you could receive revenue from this as artist everytime your music is downloaded.

Cons: if your and indie artist you wouldnt be able to live off of downloads and it would make it hard to have a stable career.

Herman Vernon's curator insight, September 14, 2016 7:45 PM

Is every big label in the game going to start launching and investing in already existing online streaming companies? Or have the big names in online music streaming already made to big of an impact for there to be space for the big record labels to get in.

 

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US recorded music market generated $8.7bn last year - up by over $1bn on 2016

US recorded music market generated $8.7bn last year - up by over $1bn on 2016 | Music Industry | Scoop.it
Streaming formats now account for 65% of US marketplace

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International Copyright Enterprise and Facebook Sign Landmark Licensing Deal

International Copyright Enterprise and Facebook Sign Landmark Licensing Deal | Music Industry | Scoop.it
Facebook has penned a new deal with the International Copyright Enterprise (ICE) to ensure songwriters and composers are accurately compensated […]
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Juan Coronado's curator insight, March 15, 9:37 PM

Facebook making a first of a kind deal for the digital age. The International Copyright Enterprise (ICE) made a deal to ensure the artist and composers are rewarded their royalties. I thinks its a wonderful idea and that all platforms should come to a agreement   so that all genres get their fair share.

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Spotify files for IPO

Spotify files for IPO | Music Industry | Scoop.it

Spotify filed to go public on Wednesday.
According to the company, shares have traded as high as $132.50 on private markets, which would give the company a valuation over $23 billion.
It lost $1.5 billion in 2017, according to the filing.


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Spotify Has New Plan to Take on Radio and Reinvent Podcasts - Bloomberg

Spotify Has New Plan to Take on Radio and Reinvent Podcasts - Bloomberg | Music Industry | Scoop.it
Spotify, the world’s largest paid music service, will begin offering news and political coverage to lure listeners away from radio and podcasts from rival Apple Inc.
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Developing innovative sponsorships - Creative Partnerships Australia

Developing innovative sponsorships - Creative Partnerships Australia | Music Industry | Scoop.it
Secret Sounds was established as a start-up in 2002 and has grown into a wildly successful full-service tour promoter operating out of Sydney, Brisbane and Byron Bay. A pioneer in new approaches to business partnerships, we asked Founder and MD, Kristy Rosser, for her tips on developing innovative sponsorships. Have a clear, long-term vision for your …
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Facebook inks licensing deals with Kobalt, HFA/Rumblefish and Global Music Rights - Music Business Worldwide

Facebook inks licensing deals with Kobalt, HFA/Rumblefish and Global Music Rights - Music Business Worldwide | Music Industry | Scoop.it
Opt-in agreement secured by SESAC for independent pubcos
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Spotify Hit With Billion Dollar Lawsuit; Accused Of Using Songs Without License

Spotify Hit With Billion Dollar Lawsuit; Accused Of Using Songs Without License | Music Industry | Scoop.it
Lodged on Friday.
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YouTube to launch a new Spotify rival, codenamed 'Remix', in 2018 - Music Business Worldwide

YouTube to launch a new Spotify rival, codenamed 'Remix', in 2018 - Music Business Worldwide | Music Industry | Scoop.it
Warner has already signed a deal for service, coming March 2018

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King-Ameer Colvin's curator insight, December 8, 2017 9:45 PM

YouTube wants to launch a competitor to the streaming powerhouse Spotify. YouTube’s ‘Remix,’ is scheduled to launch in march with negotiations with Vevo set to begin around the same time. I think that this is a interesting move by YouTube because i wonder how much the YouTube red service sales and community feedback led to the decision to make its own music streaming service. The source being musicbusinessworldwide.com  led by well known music commentator Tim Ingham in 2015. One of the more newer music industry website i would consider this a major informational resource for audio industry professionals because the report and analyze many different topics that are happening around the world of the music industry.

Alec Stith's curator insight, January 19, 8:11 PM

YouTube is launching a music streaming service similar to Spotify. Warner Music Group has already signed a deal with YouTube for the launch. This streaming service will add onto YouTube's many services in an attempt to take over the online entertainment industry. The article is published by Music Business Worldwide, which is a popular website for the latest music industry news.

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The Music Industry’s New Gatekeepers

The Music Industry’s New Gatekeepers | Music Industry | Scoop.it
Playlist professionals have replaced radio DJs as the new power brokers, as streaming services’ ready-made song lists become hitmakers.

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Nicholas Krutz's curator insight, April 22, 11:12 PM
I feel that streaming and other online music providers can really hurt an artist. A lot of money can be spent sometimes just trying to put together an album. With music being easier to access right now, the only people losing in the end are the ones who help to create it. Seeing as  I want to pursue a career in the music field, it definitely makes me cautious yet aware that this is and has been a hot topic for a while ever since Napster. I feel that The Wall Street Journal is a very reliable source for major news.
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Traditional Music Industry Approach vs. What’s Coming…

Traditional Music Industry Approach vs. What’s Coming… | Music Industry | Scoop.it
dot Blockchain Media or “dotBC” has built and is in the process of releasing a new way for music and media creators to securely encode their rights and their identities into their digital assets…
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How Chance the Rapper's Manager, Pat Corcoran, Reimagined the Music Business | Blueprint

How Chance the Rapper's Manager, Pat Corcoran, Reimagined the Music Business | Blueprint | Music Industry | Scoop.it
Chance the Rapper's manager Pat Corcoran explains how the two met, the backlash around the release of Coloring Book, and more.

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Stephen C Roberts's curator insight, October 11, 2017 1:17 PM
wow
Jadon LaRue's curator insight, October 11, 2017 6:15 PM

This story is amazing.  I'm a huge fan of Chance the Rapper and hearing more of his story from his manager is just beautiful. 

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WINTEL 2017 – Worldwide Independent Market Report | Worldwide Independent Network

WINTEL 2017 – Worldwide Independent Market Report | Worldwide Independent Network | Music Industry | Scoop.it

Good reading. Thanks to Mat Rogers at UNFD for alerting me to this report.

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Universal Music Group wants to find the next Spotify before it's too late

Universal Music Group wants to find the next Spotify before it's too late | Music Industry | Scoop.it
The label will partner with accelerators to encourage entrepreneurs in the music space.

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Leading Indian Streaming Services Saavn and JioMusic to Form Country's Biggest Music Platform

Leading Indian Streaming Services Saavn and JioMusic to Form Country's Biggest Music Platform | Music Industry | Scoop.it
Two of India's leading digital music services, Saavn and JioMusic, have joined forces in a bid to grow their global reach and take on the giants of the streaming sector.

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Kobalt Invests $150M In AWAL To Help 'Thousands Of Emerging Artists'

Kobalt Invests $150M In AWAL To Help 'Thousands Of Emerging Artists' | Music Industry | Scoop.it
[UPDATED] Kobalt announced today that it is investing $150 million in its AWAL independent artist and label services division to better serve its growing roster. Kobalt is also combining all of its recording business under the AWAL brand. ____________________________________ Artist and label services firm AWAL is hiring 100 ne

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Universal buys majority stake in Kenyan label AI Records

Universal buys majority stake in Kenyan label AI Records | Music Industry | Scoop.it
Major will digitize the catalogue of Nairobi-based company which was born in the 1950s

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Major victory for songwriters as US streaming royalty rates rise 44% - Music Business Worldwide

Major victory for songwriters as US streaming royalty rates rise 44% - Music Business Worldwide | Music Industry | Scoop.it
Landmark Copyright Royalty Board ruling changes the game in US market

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LVfullscoop's comment, March 13, 7:10 PM
Streaming royalties have been a point of contention for artistes. It’s good to see steps have been taken and solidified to appease their concerns.
LVfullscoop's comment, March 13, 7:11 PM
Musicbusinessworldwide is a well respected publisher of verifiable information. This info is credible.
Matthew Holt's curator insight, March 18, 8:59 PM

This is a huge benefit for these artists who have been taken advantage of by these streaming services. 

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Daniel Ek and Troy Carter named Music Visionaries of the Year - Music Business Worldwide

Daniel Ek and Troy Carter named Music Visionaries of the Year - Music Business Worldwide | Music Industry | Scoop.it
Spotify execs honored by the UJA-Federation of New York

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LVfullscoop's comment, March 13, 7:18 PM
Spotify’s success in the private sector at a rate of over $100 a share will serve the company well as it heads into the future given the recent changes Spotify has undergone.
LVfullscoop's comment, March 13, 7:19 PM
Reporting from this source is trusted.
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What Is Splice and Why Did It Just Raise $35 Million?

What Is Splice and Why Did It Just Raise $35 Million? | Music Industry | Scoop.it
Earlier today, Splice announced that it had just earned $35 million in a Series B round of financing. DMN analyzes what this means for indie artists.
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2018’s hot topics for the music business – MUSIC x TECH x FUTURE – Medium

I am typing this article on my phone in an airport. Therefore this piece is going to be a bit different than my usual MUSIC x TECH x FUTURE post. It’s amazing what we can do on our phones now. They…

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Facebook and Sony/ATV Music Publishing Announce Licensing Agreement

Facebook and Sony/ATV Music Publishing Announce Licensing Agreement | Music Industry | Scoop.it
Sony/ATV Music Publishing and Facebook on Monday announced the signing of a licensing agreement.

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Alec Stith's curator insight, January 19, 7:55 PM

Facebook signed a deal with Sony/ATV Music publishing which allows users to be able to upload content using their music. This a a step forward by allowing content creators to be able to have popular music included in their videos such as blogs or shows. Variety Magazine is popular magazine for people who are interested in the music and entertainment industries.

Shanta Robinson's curator insight, January 21, 10:11 PM

Facebook has been known to make their users take down their posted videos, if it was thought to be using infringeming content. The signing of the agreement between Facebook and Sony/ATV Music Publishing, will allow songwriters to earn royalties and upload their music and videos on Facebook and Instagram, without having them taken down due to the fear of infringement.

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Björk hits the blockchain with cryptocurrency fan rewards

Björk hits the blockchain with cryptocurrency fan rewards | Music Industry | Scoop.it
Fans will be able to buy Björk's new album 'Utopia' using cryptocurrencies, and pre-ordering it directly from the star will earn them crypto rewards too.

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A “your_song_name.bc” file is these six things… and many more…

A “your_song_name.bc” file is these six things… and many more… | Music Industry | Scoop.it
dot Blockchain Media or “dotBC” has built and is in the process of releasing a new way for music and media creators to securely encode their rights and their identities into their digital assets…
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Amazon Is Now 3rd Largest Subscription Music Service In The World [Mark Mulligan, MIDiA]

Amazon Is Now 3rd Largest Subscription Music Service In The World [Mark Mulligan, MIDiA] | Music Industry | Scoop.it
Amazon is now the 3rd largest paid music subscription service in the world, according to a new MIDiA analysis. Their just published report looks at Amazon’s streaming music strategy and how this fits within the wider competitive landscape. Some highlights from MIDiA analyst Mark Mulligan: ___________________________________ Back in th

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Billboard shifting how it charts Apple Music and other streaming services next year

Billboard shifting how it charts Apple Music and other streaming services next year | Music Industry | Scoop.it
Billboard has announced that it will adjust how it weights and calculates streaming music starting in 2018. Changes will include more weight given for paid music services like Apple Music than ad-s…
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