Business, Services And Guides For Music Labels
Does Mood Media’s bankruptcy filing mean we won’t hear anymore Muzak inside elevators? Several months ago, investors asked a simple question: Does Mood Media have enough money to cover their short-term responsibilities? Simply Wall St. came to a simple conclusion. The parent company of Muzak company doesn’t have a long-term balance sheets, thus they didn’t […]
The post Mood Media, Muzak’s Parent Company, Declares Bankruptcy appeared first on Digital Music News.
Does Mood Media’s bankruptcy filing mean we won’t hear anymore Muzak inside elevators? Several months ago, investors asked a simple question: Does Mood Media have enough money to cover their short-term responsibilities? Simply Wall St. came to a simple conclusion. The parent company of Muzak company doesn’t have a long-term balance sheets, thus they didn’t […]
The post Mood Media, Muzak’s Parent Company, Declares Bankruptcy appeared first on Digital Music News.
Investors now ask themselves: Will Spotify ever become profitable? Probably not. Is music streaming profitable? Better yet, will an IPO help Spotify finally make sustainable revenue after ten long, arduous years? Or will they face a similar Snapchat-like fate? To gear up for their long-awaited IPO, the Swedish streamer has built an office in New […]
The post A Leaked Financial Report Shows Spotify’s Losses More Than Doubling appeared first on Digital Music News.
Reports of major label deaths have been greatly exaggerated! Not only is Universal Music Group not dead, they’re experiencing strong, double-digit growth. If you’re wondering who’s making money off of streaming, you’ve found the answer. Because not only is Universal Music Group cleaning up on platforms like Spotify, they’re now experiencing double-digit revenue growth as […]
The post Universal Music Group Has Its Best Financial Quarter In 15 Years appeared first on Digital Music News.
Snapchat’s parent company proves that building a business model around live filters with dog noses (oh, and some messaging features, too) doesn’t turn a profit. Maybe having an actual business plan might help. So, how exactly do you lose $6 billion overnight? Simple. You focus a business model on a messaging service that includes features […]
The post Is The Writing On The Wall for Snapchat? Snap Loses $6 Billion Overnight appeared first on Digital Music News.
In the past two years, you’ve lost nearly $750 million. Yet, you don’t want to sell your company for less than $20 a share. Now, after receiving $150 million against losses of $133 million, you’ll consider a “strategic review.” What exactly is Pandora Radio doing? In an interview with CNBC’s Squawk Alley months ago, Pandora […]
The post With Losses Out of Control, Will Pandora Radio Finally Be Up For Grabs? appeared first on Digital Music News.
Thanks to streaming (once again), Warner Music Group posts strong gains. This may be why it’s wary of its new deal with YouTube. For the three months ended March 31, Warner Music Group reported strong double-digit growth. This came after the company criticized its new deal with YouTube in a leaked memo. Warner Music Group […]
The post Streaming Now Accounts For Over Half of WMG’s Revenue appeared first on Digital Music News.
iHeartRadio’s parent company, iHeartMedia, will, admittedly, face a very difficult 2017. iHeartMedia’s equity owners tried to pull off a way to balance the company’s massive debt. Thomas H. Lee Partners and Bain Capital attempted to restructure some $14 billion of the company’s $20 billion debt. At the same time, they aimed to get a reduction […]
The post Will iHeartRadio Parent Company Go Bankrupt In 12 Months? appeared first on Digital Music News.
GEMA reaps the fruit of their settlement with YouTube. Back in 2009, YouTube stopped showing music videos in Germany after their deal with GEMA came to a close. The German performance rights organization (PRO) wanted to raise their per-streaming fee to 12 euro cents per streamed video. Following seven long arduous years, YouTube finally reached […]
The post YouTube Pushes GEMA Collections Over $1 Billion In 2016 appeared first on Digital Music News.
If paid numbers are so high, and ad-supported so low, should streaming services like Spotify and Apple Music do away with the free model? Would placing limitations help? Across all media types, consumer habits have shifted. Instead of owning media, consumers have consistently shown that they prefer to stream their favorite content. For example, more […]
The post Paid Streaming Generates 6 Times More Revenue Than Ad-Supported Streaming appeared first on Digital Music News.