Business, Services And Guides For Music Labels
In very, very good news for the music group, in a conference call announcing its third-quarter financial results ended on June 30, Billboard and Sys-Con Media are reporting that Warner Music Group posted only a $9 million loss on revenues of $811 million, a huge improvement over last year’s $44 million loss in the last […]
The post Thanks to Streaming Revenue, Warner Music Group Posts Strong 3Q Earnings appeared first on Digital Music News.
Millennials are driving on-demand music streaming. According to market research company – Loop, 15-19 year olds in the US prefer to listen to music through on-demand streaming services, as opposed to any other format. The research was published with the Music Business Association and claims that for this age group, on-demand streaming accounts for 51% of […]
The post On-demand Streaming Is The Chosen Music Format For 15-19 Year Olds appeared first on Digital Music News.
YouTube and Vevo streams increased 132%, but revenue only inclined 15%. Ok, so the argument over YouTube paying labels and artists fairly has been ongoing for some time. But, that argument is about to heat up, as Midia Research has concluded based on solid information that the revenue paid to music labels and artists halved last year […]
The post YouTube’s Per-Stream Royalty Rate Halved Last Year appeared first on Digital Music News.
What is the real difference between SoundCloud and SoundCloud Go? Prior to SoundCloud launching its paid subscription service – SoundCloud Go, the platform offered a catalog of over 100 million songs ad-free, and for free. SoundCloud has always been notorious for being a free, easy-to-use platform which provides unique content, and allows up-and-coming artists and DJs […]
The post Is There Any Point In Paying For SoundCloud Go? appeared first on Digital Music News.
But, is this enough to convert its 175 million users to its paid subscription service ‘SoundCloud Go’? Earlier in the year SoundCloud announced the addition of a stations feature. Now, the streaming service has announced an update to this feature which allow users to discover music in what SoundCloud calls ”a lean back, seamless listening experience”. […]
The post SoundCloud Amps Up Music Discovery To Compete With Spotify and Apple Music appeared first on Digital Music News.
Spotify stays ahead of competition… According to a report by MBW, Spotify has hit 37 million paying subscribers, adding approximately 2 million paying users a month in the last quarter alone. If these figures are correct, it means that June was the fastest growth period for the streaming service since launching in 2008. It would also represent […]
The post Spotify Boosts Paying Subscribers by 23%… appeared first on Digital Music News.
Apple Music will never catch up to Spotify if people keep cancelling their subscriptions… Last week, Cowen’s John Blackledge and Tim Arcuri shared some information in a recent report, on the rate of which Spotify and Apple Music lose subscribers on a monthly basis. According to Cowen, Apple Music have a subscriber churn rate of 6.4% […]
The post Apple Music Loses 3 Times More Users A Month Than Spotify appeared first on Digital Music News.
Good news for artists. Music fans are streaming more music through on-demand audio streaming services than video streaming platforms… According to BuzzAngle, Americans are consuming more music through on-demand audio streaming services than through music video platforms. In the first six months of 2016, Americans played more than 114 billion audio streams on streaming platforms […]
The post On-demand Audio Streaming Surpasses Video Streaming appeared first on Digital Music News.
One year on and Apple Music is the second most popular music streaming service… This time last year, Apple Music had just surfaced onto the music streaming market. A year on, and the service now boasts 15 million paying subscribers. To say the very least, the platform has established itself as one of the most popular streaming […]
The post Apple’s First Year In The Music Streaming Market appeared first on Digital Music News.
One year on and Apple Music is the second most popular music streaming service… This time last year, Apple Music had just surfaced onto the music streaming market. A year on, and the service now boasts 15 million paying subscribers. To say the very least, the platform has established itself as one of the most popular streaming […]
The post Apple’s First Year In The Music Streaming Market appeared first on Digital Music News.