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Tagged music streaming

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Goldman Sachs Estimates Global Music Revenue Will Reach $131 Billion

Goldman Sachs Says Global Music Revenues Will Reach $131 Billion by 2030

Daniel Sanchez
June 5, 2019
1
According to a new report from Goldman Sachs, nearly 1.2 billion people will be paying for music streaming in just 11 years. The latest report from the investment bank – dubbed 'Music In The Air' – comes nea... Read More...
Streaming Has Already Generated $1 Billion for Sony Music This Year

Streaming Has Already Generated $1 Billion for Sony Music This Year

Daniel Sanchez
October 31, 2017
As fans move away from digital downloads and physical formats, music streaming brings in over $1 billion at Sony Music. For the first quarter of 2017, Sony Music reported an impressive 18.8% sales and operat... Read More...

I’m Warning You, Universal Music Group. Don’t Make This Stupid Mistake…

Paul Resnikoff
April 4, 2017
18
Windowing albums for Spotify's premium users?  I applaud you, UMG.  Making those albums exclusive to Spotify?  I will burn you, Universal Music Group. I woke up this morning to some pretty game-changing news... Read More...

How to Get Signed by ‘Spotify Records’

Paul Resnikoff
March 20, 2017
10
Photo: Michael Fötsch (CC by 2.0) 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 inte... Read More...

Too Big to Fail? Spotify Hits 50 Million Paying Subscribers

Paul Resnikoff
March 2, 2017
10
Earlier this year, we questioned whether Spotify was at risk of going bankrupt.  But for a rebounding music industry, is this company simply too big to fail?  Now, with 50 million paying subscribers, the Spot... Read More...
Why is Netflix Earning Money When Spotify Can't?

Why is Netflix Making Money When Spotify and Other Services Can’t?

Daniel Sanchez
October 13, 2016
13
Image by Jeremy Schultz (CC by 2.0) Why is Netflix making money when Spotify isn't yet profitable? It’s a frustrating experience when you open up Netflix and can’t find the movie you’re looking to watch. It’... Read More...
Warner Music Group Logo

Thanks to Streaming Revenue, Warner Music Group Posts Strong 3Q Earnings

Daniel Sanchez
August 4, 2016
In very, very good news for the music group, in a conference call announcing its third-quarter financial results ended on June 30, Warner Music Group posted only a $9 million loss on revenues of $811 million, a... Read More...

Music Ownership Incredibly Unimportant to 15-19 Year Olds, Study Finds…

Charlotte Hassan
July 13, 2016
19
In case you were wondering about the future of music downloads... According to market research company Loop, 15-19 year olds in the US overwhelmingly prefer to listen to music through on-demand streaming ser... Read More...

Surprise! YouTube Slashed Its Royalty Rate by 50% Last Year

Charlotte Hassan
July 12, 2016
5
YouTube and Vevo streams increased 132% last year, but revenue paid to artists only increased 15%.  Make sense? The argument over whether YouTube is paying labels and artists fairly has been intensifying for... Read More...

Why I’m Totally Unimpressed With SoundCloud Go

Charlotte Hassan
July 8, 2016
3
What's the real difference between SoundCloud and SoundCloud Go? The answer to that question is a big, big problem for SoundCloud. Prior to SoundCloud launching its paid subscription service, SoundCloud G... Read More...

SoundCloud’s ‘Stations’ Feature Just Got Interesting…

Charlotte Hassan
July 7, 2016
But will this be enough to convert SoundCloud's 175 million users to its paid subscription service, ‘SoundCloud Go’? Earlier in the year, SoundCloud announced the addition of a stations feature.  Now, the st... Read More...

Virtually Overnight, Spotify Boosts Paying Subscribers by 23%…

Charlotte Hassan
July 7, 2016
6
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 fig... Read More...
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