Warner Music Group’s Double-Digit Growth Fuelled By Streaming

Streaming surge drives Warner Music Group’s revenue… Today, (May 6th) Warner Music Group released their Q2 financials showing double-digit growth. The company’s revenue increased by a massive 10% – or a 13% increase excluding currency exchange, which totals the revenue to $745 million. The company – which is the third largest in the music business behind Vivendi, […]

The post Warner Music Group’s Double-Digit Growth Fuelled By Streaming appeared first on Digital Music News.

Warner Music Group’s Double-Digit Growth Fuelled By Streaming

Streaming surge drives Warner Music Group’s revenue… Today, (May 6th) Warner Music Group released their Q2 financials showing double-digit growth. The company’s revenue increased by a massive 10% – or a 13% increase excluding currency exchange, which totals the revenue to $745 million. The company – which is the third largest in the music business behind Vivendi, […]

The post Warner Music Group’s Double-Digit Growth Fuelled By Streaming appeared first on Digital Music News.

Does Boycotting Spotify Work?

Last month, DMN wrote an article on the topic of boycotting Spotify and the growing number of musicians who are opting to do so. Now, after several major artists excluded their music from the streaming platform, DMN took a look at what effect this has had on the success of their albums. Beyonce’s Lemonade  Result: All songs […]

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‘The music industry needs more innovators and fewer lawyers’

CD Baby CEO Tracy Maddux on class action lawsuits fired at streaming services

The post ‘The music industry needs more innovators and fewer lawyers’ appeared first on Music Business Worldwide.

Is Streaming Increasing Vinyl Sales?

According to a new ICM poll it is… The poll, shared exclusively with the BBC states that music streaming sites have helped to drive vinyl sales. The survey indicates that nearly half of the customers that purchased vinyl had already listened to the album or EP first via a music streaming service. But how? Now there are […]

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The average music streaming subscriber is paying less than $1 a week

And if you think that sounds low, you should see the YouTube stats…The post The average music streaming subscriber is paying less than $1 a week appeared first on Music Business Worldwide.

Is the Streaming Industry Lying About Piracy?

Streaming kills piracy, right? Maybe it’s not that simple. Over the past ten years, the music industry has profoundly transformed to the point of becoming unrecognizable. The traditional business structure has been replaced by a profound digital disruption, one that has provoked major shifts in the way music fans discover, consume and pay for music. And throughout that roiling […]

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