Will Music Streaming Services Save The Recording Industry
15 views | +0 today
Follow
Will Music Streaming Services Save The Recording Industry
Music streaming services provide recording companies a huge profit.
Curated by Brandon Jones
Your new post is loading...
Your new post is loading...
Rescooped by Brandon Jones from The Future of Music Streaming Services
Scoop.it!

Why Spotify can never be profitable: The secret demands of record labels

Why Spotify can never be profitable: The secret demands of record labels | Will Music Streaming Services Save The Recording Industry | Scoop.it
Record labels are the monopoly to end all monopolies. And as Michael Robertson, founder of MP3.com, explains, their over-the-top demands of music subscription services quash innovation, as well as any dreams of profitability.

Via Steve Cord
Brandon Jones's insight:

This is a prime example of recording companies exploiting the power they have to demand whatever price that they want. With this mindset, these companies are hindering the streaming services from making a profit. These services give artists exposure and in turn who they use to record their music. If they aren't careful the recording companies may take out one of their greatest assets in sharing their product. 

more...
Steve Cord's curator insight, April 15, 2013 8:57 PM

The deals made by record labels make it impossible for the streaming companies to profit. They figure which way will make them the most, whether it be a fee per person, per play or a set percentage of all revenue.

Scooped by Brandon Jones
Scoop.it!

Amazon gains against Apple's iTunes in music downloads - Reuters India

Amazon gains against Apple's iTunes in music downloads - Reuters India | Will Music Streaming Services Save The Recording Industry | Scoop.it
VentureBeat
Amazon gains against Apple's iTunes in music downloads
Reuters India
... companies such as Pandora Media Inc (P.N) and Spotify.
Brandon Jones's insight:

This article is included because it shows how prominent the streaming services are becoming for music sharing, and listening. Even certain companies that don't have streaming services intend to such as Amazon. Streaming music is causing a shift in the industry. This is why it is important to charge these services with fair rates to encourage more companies to sweeten the deal for consumers using streaming services. 

more...
No comment yet.
Scooped by Brandon Jones
Scoop.it!

ASCAP Lobbies for Higher Royalties From Pandora, Spotify - Variety

ASCAP Lobbies for Higher Royalties From Pandora, Spotify - Variety | Will Music Streaming Services Save The Recording Industry | Scoop.it
ASCAP Lobbies for Higher Royalties From Pandora, Spotify
Variety
Fast-multiplying streaming services are beautiful music to fans' ears — but can produce earaches for some in the larger music industry.
Brandon Jones's insight:

This directly relates to the problem streaming services are having. The artist and record labels believe that they should be paid more for these streaming services using the music they produce. The streaming companies however, believe that the prices they pay now are too steep for profitability. This has a huge impact on the recording industry either way.

more...
Steve Cord's curator insight, April 16, 2013 9:56 PM

This is another example of how the record labels are ripping of music streaming websites. The labels already take the largest possible portion of the streaming sites revenue as it is, yet they still want more. The record companies are limiting these website's creativity because they make it impossible to profit.

Max Gromann's curator insight, July 15, 2013 8:13 PM

Pandora lobbys congress to cut down the rate they have to pay the record industry.

Scooped by Brandon Jones
Scoop.it!

Twitter expected to launch music service - allvoices

Twitter expected to launch music service - allvoices | Will Music Streaming Services Save The Recording Industry | Scoop.it
allvoices Twitter expected to launch music service allvoices As music streaming — where companies such as Spotify host songs on their own servers, rather than consumers buying and storing songs on their computers— has taken off, Twitter is rumored...
Brandon Jones's insight:

The impact of social media and its coverage has a huge impact already on artists and their music. Combining that with a music streaming service would be huge for recording companies and the artists that use them. Creating competition within the music streaming arena is a great thing, because it will serve as motivation to provide the best streaming services possible. In the end this will bring a huge profit to recording companies because they could have their product being covered through social media and having it shared via streaming. This is why charging the right price is vital. If the streaming services can't thrive, then the recording companies cannot either in this area and trend of music streaming. 

more...
No comment yet.
Scooped by Brandon Jones
Scoop.it!

Digital Notes: Spotify's Global Ambitions - New York Times

Digital Notes: Spotify's Global Ambitions - New York Times | Will Music Streaming Services Save The Recording Industry | Scoop.it
VentureBeat Digital Notes: Spotify's Global Ambitions New York Times According to NPD, 44 million people bought at least one song or album download last year, holding steady from previous years despite the rapid growth of streaming services like...
Brandon Jones's insight:

I included this article to show the impact that these streaming services have now. They promote the artists through their free or very cheap subscription services, giving them heavy exposure. Spotify currently has 28 million users around the world. These services are beneficial for the artists and the record labels. This shows the benfit these services can give to the recording companies. This should be motivation to the companies to find a reasonable rate to charge these streaming services for streaming their content.

more...
No comment yet.
Scooped by Brandon Jones
Scoop.it!

Will Music Streaming Services Save The Recording Industry

http://www.musicclout.com/contents/article-94-will-music-streaming-services-save-the-recording-industry.aspx

Brandon Jones's insight:

Music streaming services are havily reliant on the recording companies providing them music. This means that the recording companies can demand any price without a second thought. This is great for the recording companies, but it puts the music streaming companies in jeopardy. Music streaming seems to be the future of these recording companies' income, but if they aren't careful the streaming companies won't be able to afford the cost.

more...
No comment yet.