Business, Services And Guides For Music Labels
Will high paid subscriptions help the “king of streaming” finally become a streaming contender? This year, Pandora hasn’t had a lot of good news. Despite still reigning as the “king of streaming,” young people are fleeing the streamer in favor of Spotify. Yet, CEO Tim Westergren remains confident that its paid subscription offers a “real […]
The post Pandora Will Have 32 Million Paying Subscribers In 2018 appeared first on Digital Music News.
Led Zeppelin, the Beatles, Metallica, the Rolling Stones, and even Prince licensed their music to Spotify and streaming music platforms. Is Tool next? When it comes to streaming music holdouts, Tool is one of the most extreme. While some of the most notorious holdouts have eventually signed streaming deals, Tool has refused to submit. Is […]
The post Tool Doesn’t Hate Spotify As Much as You Think 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.
If you’re Apple Music, don’t worry; a 3% adoption rate just means you’re about to blow up. Forget about the fact that Spotify has increased by 20 million in just one year. In a note to investors, RBC Capital Markets’ Amit Daryanani wrote that Apple would have to grow revenues from its services division by […]
The post Failure, or Opportunity? Just 3% of Apple Users Subscribe to Apple Music appeared first on Digital Music News.
Spotify has already signed direct deals with artists. Now, they’re likely to start signing a whole lot more. Want to be part of the action? Why isn’t Spotify’s CEO an internet billionaire? That’s a question that Daniel Ek is probably asking himself every morning. But there’s actually a really simple reason. Actually, there are three […]
The post How to Get Signed by Spotify Records appeared first on Digital Music News.
What happens when you throw $500,000 in a musician’s face? Well, they usually take it. But that doesn’t make it healthy for the music industry or music fans. And so we had another giant bombshell over the weekend. Chance the Rapper received $500,000 from Apple for making Coloring Book an iTunes and Apple Music exclusive. […]
The post Apple Music Refuses to Stop Industry-Killing Exclusives appeared first on Digital Music News.
What happens when you throw $500,000 in a musician’s face? Well, they usually take it. But that doesn’t make it healthy for the music industry or music fans. And so we had another giant bombshell over the weekend. Chance the Rapper received $500,000 from Apple for making Coloring Book an iTunes and Apple Music exclusive. […]
The post Apple Music Refuses to Stop Industry-Killing Exclusives appeared first on Digital Music News.
Your paid subscription numbers keep jumping. You’re alone atop the music streaming mountain. You have your eyes set on an IPO. So, what do you do? If you’re Spotify, you prepare to offer Premium-only content. Last August, several sources spoke in confidence with Digital Music News’ Paul Resnikoff. They told him that Spotify would prepare […]
The post Spotify Finally Finds a Way to Secure Licensing Deals and Go Public appeared first on Digital Music News.
In a new interview with CNBC, Pandora CEO Tim Westergren shared how the company will make a profit. Step 1: Get subscribers Step 2: ? Step 3: Profit. In 2015, Pandora reported a heavy loss. The company lost $170 million. Last year, that number more than doubled. The streamer lost $343 million. In total, the […]
The post Pandora CEO Intends To Turn a Profit, But Doesn’t Explain How appeared first on Digital Music News.
While Pandora still tops as the preferred streaming service, will fading numbers spell long-term doom for the company? After teasing users for months, Pandora finally launched its premium service. This move comes as the company has posted bleak financial reports. SiriusXM pulled out of advanced buyout talks after deeming the price too high. The company […]
The post New Study Shows Young People Abandoning Pandora at Alarming Rate appeared first on Digital Music News.