Business, Services And Guides For Music Labels
After a decade of brutal declines, Latin sales are steadily on the rise in the US. Luis Fonsi’s ‘Despacito’ featuring Daddy Yankee recently attained diamond status under the RIAA’s Latin program. And just last month, Shakira’s Zootopia track ‘Try Everything’ earned her platinum status in the United States. Do these singles, along with recent Latin artist […]
The post After a Decade of Loss, the Latin Music Market Finally Experiences Growth appeared first on Digital Music News.
Wall Street doesn’t care that Spotify isn’t profitable. They care that Spotify doesn’t have a realistic plan to become profitable. That’s a big difference. So how can Spotify become wildly profitable, for decades to come? The answer is to change their relationship with the major content owners: Universal Music Group, Warner Music Group, and Sony Music […]
The post How to Fix Spotify’s Business Model and Save the Music Industry appeared first on Digital Music News.
After failing to capitalize on funding, Dart Music will file for bankruptcy. About a year and a half ago, Dart Music started with a simple premise: add metadata for classical music. As digital distribution shifted their attention towards popular music metadata, independent classical musicians had to stay behind. Classical musicians faced metadata problems that most […]
The post After Burning $2.57 million in 1.5 Years, Dart Music Declares Bankruptcy appeared first on Digital Music News.
For Universal Music Group, Sony Music, and Warner Music Group, there’s no stopping revenue from streaming. Yet, how much are artists really getting? Under Vivendi ownership, Universal Music Group posted their best financial performance thus far. Across recorded music, publishing, and other activities, UMG’s overall revenues rose by $5.57 billion. This number is up 4.4% […]
The post UMG Alone Earns $4.5 Million a Day from Streaming appeared first on Digital Music News.
If it looks like a duck, walks like a duck, quacks like a duck, then, according to SoundCloud, it’s probably fake news. First, Spotify walked away from a rumored acquisition deal. According to the Swedish company, acquiring SoundCloud would slow down their IPO plans. Then, the company posted weak financials. Net losses grew at an […]
The post Is SoundCloud’s ‘Desperate’ Funding Fake News? Probably Not appeared first on Digital Music News.
Will 2017 see the end of SoundCloud? 2017 is shaping up to be a difficult year for SoundCloud. Several months ago, Spotify walked away from SoundCloud acquisition talks. In fact, SoundCloud co-founder Alexander Ljung all-but-confirmed the bankruptcy news. He admitted that the company may go bankrupt should their GO subscription service fail to take off. […]
The post Two Key Execs Leave as SoundCloud Starts “Desperate” Fundraising appeared first on Digital Music News.
Will 2017 see the end of SoundCloud? 2017 is shaping up to be a difficult year for SoundCloud. Several months ago, Spotify walked away from SoundCloud acquisition talks. In fact, SoundCloud co-founder Alexander Ljung all-but-confirmed the bankruptcy news. He admitted that the company may go bankrupt should their GO subscription service fail to take off. […]
The post Two Key Execs Leave as SoundCloud Starts “Desperate” Fundraising appeared first on Digital Music News.
How will Pandora survive in the streaming market when it keeps posting triple-digit annual losses? For the fourth quarter of 2016, Pandora reported revenue of $392.6 million. Although the figures beat Wall Street expectations ($374 million), it has yet to answer the question that also haunts Spotify: will the streaming service ever make money? In […]
The post What is Pandora’s Game Plan? Pandora (Again) Posts Substantial Loss appeared first on Digital Music News.
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