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Spotify’s plan for rescuing the music industry: let it fall apart first

Spotify’s plan for rescuing the music industry: let it fall apart first | Music Streaming | Scoop.it
Spotify, the music-streaming service, just scored a $100 million round of financing.
Jaron Lewis's insight:

Spotify representative giving his view on how streaming is the future of music and artists and labels should just accept it and move on with the times. Also this article gives a view from the streamers perspective as opposed to the artists view.

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Valentin Moueza's curator insight, November 9, 2014 9:02 PM

The article looks credible to me because it has quotations of the founder of Spotify: Daniel Ek. They are talking about the future of Spotify and Ek said that Spotify was "built for the long run". He admits artists are not paid a lot but he says that they are paid every time a song is played, and that it's better than the drop off in revenue when consumers buy the album/song.

James Gervais's curator insight, November 8, 2015 9:32 PM

In this article, Ek talks about what he wants to do with the music industry by using Spotify. At the same time, he wants to help emphasize and embrace the change that is going on in music industry from both the inside and the outside.

 

What Ek talks about has a very valid point. Instead of just gambling on a band and hoping that they're going to be the next best thing, you let the band slowly grow and then capitalize off of it when it's big enough. It starts to give a better understand why record labels are still striving with new talent and are using spotify to their advantage.

 

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Pandora boss reveals some figures | Complete Music Update

Pandora boss reveals some figures | Complete Music Update | Music Streaming | Scoop.it

"Possibly feeling that his company has been tarnished a little by the “streaming services underpay artists” mantra that is wheeled out every few weeks these days, the boss of US-based interactive radio service Pandora, Tim Westergren, has made some claims about how much certain artists are earning from their play on his service."

Jaron Lewis's insight:

Representative from Pandora gives a statement about how much some artists actually make off of their streaming services. I believe this article is reliable as well because it comes from a reliable site in www.thecmuwebsite.com

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Kyle Walker's curator insight, July 20, 2014 6:59 PM

 The Boss of Pandora only discussed rates on top artists but the top 100 is only a fraction of how many artists are out there. He stated that they have better deals because they have more rope to pull. But I don't believe this is fair in the slightest. The artists out their struggling are being recognized but not financially supported fairly. 

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Streaming: The Future of the Music Industry | Shift

Streaming music online with a subscription instead of buying it - some say that's the future of the music market. Music streaming services such as Spotify, R...
Jaron Lewis's insight:

This video talks about how streaming is not benefiting the artists or labels as much as the actual streaming site. 

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Songwriters Are Left Out of Pandora's Royalty Plan: Guest Post by Downtown Music's Justin Kalifowitz

Songwriters Are Left Out of Pandora's Royalty Plan: Guest Post by Downtown Music's Justin Kalifowitz | Music Streaming | Scoop.it
Pandora's efforts to lower its royalty rates have inspired conversation and controversy in recent weeks.
Jaron Lewis's insight:

extreme controversy over pandora trying to lower royalty rights. I feel it is important because it talks about the artists and how they feel it is unfair that they make so little off of streaming sites. Article is reliable as it comes from billboard.com

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Justin Walker's curator insight, October 9, 2014 4:24 PM

Pandora royalty plan is  not right and should be  reconsidered and evaluated differently.  With  all the music publishing and internet streaming  pandora the only streaming service who gives there  song writer's and publisher's  8 cents for every dollar that the artists gets paid.  They say the only reason the songwriter hasn't gotten  a  better pay is because of leverage.  I believe that pandora should just have fair and equal royalties for all parties across the board. 

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Online Music Sales and The Reality Behind Distribution: "Digital Business" - MMC 2012 (Scion AV)

In part 6 of this exclusive Scion workshop, A.J. Finizio (Seed Distribution) discusses the quick speed of the digital life cycle and how to manage this effec...
Jaron Lewis's insight:

Talks about how once you release your music to a site that streams music there is no way possible to re-nogitate deals in order to get more money from it.

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