SiriusXM posts Q1 2020 profit of $293m, but loses 143,000 net subscribers

‘In the face of the economy hitting the brakes hard in March, SiriusXM’s first quarter results were very strong.’
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SiriusXM’s annual revenues were up 35% in 2019, but Pandora’s Monthly Active Users fell by nearly 6m

Pandora had 63.5m MAUs at the end of 2019
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FRI. BRIEF: Live Nation Strong In Q3 • Pandora Struggles • Billboard + Bandsintown Charts • More

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Pandora’s user base is now nearly one quarter of the size of Spotify’s, having lost 1.8m listeners in three months

Service ended Q3 with nearly 6.3m ‘self-pay’ subscribers
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Now More Than 1000 Musicians Are Boycotting Amazon

The number of musicians that have signed a “No Music for ICE” letter pledging a boycott of Amazon-sponsored festivals and other partnerships until the company ends support of human rights violations through contracts with ICE and other related US government agencies has now passed 1000. Deerhoof, Ted Leo, Álex Anwandter,…

SiriusXM Adds 210K Subs, Pandora Adds Just 33K In Q3

SiriusXM added 210,000 subscribers to its satellite radio service last quarter, while it’s Pandora streaming music service added just 33,000 paid subscribers. By contrast, Spotify added 5 million paid users in the same three months. Shares of Sirius XM declined 0.5% in premarket trading Thursday, on missed profit expectations. THIRD…

Why You Need To Sit On Your Tracks Before Sending Them Out

Once you’ve invested your time and energy into cooking up the perfect track, your natural inclination may likely be to get it into the ears of your listeners as soon as possible. Unfortunately, this is precisely the wrong thing to do. Your chances of success are far greater if you…

What You Need to Know About Music Modernization Act and CASE Act

The Music Modernization Act and CASE Act are two of the most important pieces of U.S. legislation for musicians in decades. This week Rachel Stilwell from Stilwell Law joins Michael Brandvold and Jay Gilbert in the music business weekly podcast to explain everything you need know about both. How do…

How To Craft A Killer Facebook Video Marketing Strategy

While many artists may consider YouTube to be the go-to for video marketing, Facebook is actually a far more effective platform. Here we look at how to use Facebook to execute the ultimate vide marketing strategy. __________________________ Guest post by Randi Zimmerman of the Symphonic Blog For many of us,…