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Wall Street Is Totally Unimpressed With Streaming Music…

Paul Resnikoff
October 5, 2015
12
"A flat line for U.S. streaming subscribers is quite a worrying signal for music industry investors." Seeking Alpha analyst Pim Keunsler. It's been a rollercoaster for Pandora on Wall Street, but IPO hope... Read More...
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How Many Subscribers Will Apple Music Have? Roughly 3.5 Million, Sources Say

Paul Resnikoff
October 2, 2015
15
"I'd ballpark, roughly 3.5 million after November cancellations." Apple's Spotify competitor Apple Music is performing way below initial projections, according to a pair of sources close to the numbers. ... Read More...
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Half of Deezer’s ‘Subscribers’ Haven’t Played a Single Song In the Last Month

Paul Resnikoff
September 28, 2015
10
Spotify rival Deezer is now planning a major IPO in France, yet the process of going public is exposing some very unflattering details.  The biggest is that roughly half of Deezer's 'subscribers' are actual... Read More...

Universal Music Stole Streaming Royalties from Lady Gaga, Ex-Manager Says

Paul Resnikoff
September 25, 2015
3
"We've always gotten screwed from record royalties, anyway..." — Troy Carter (ex-manager, Lady Gaga) Last year, Digital Music News published a leaked portion of Lady Gaga's contract with Universal Music Grou... Read More...
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Nearly 80% of Americans Are ‘Unlikely’ to Pay for Streaming Music, Study Finds

Paul Resnikoff
September 23, 2015
13
The finding, released by Nielsen to Digital Music News on Wednesday night, raises more questions about a streaming industry that simply isn't attracting enough paying subscribers.  According to a just-concl... Read More...
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What If There Aren’t Any More Streaming Music Subscribers?

Paul Resnikoff
September 22, 2015
21
In about one month's time, we'll know how many people are willing to pay for Apple Music.  That number is absolutely critical to the future of streaming music, a sector that is proving ineffective at gettin... Read More...
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YouTube Music Is Growing 60% Faster Than All Other Streaming Music Services Combined

Paul Resnikoff
September 14, 2015
42
Does this make any sense?  Spotify is struggling to add paying subscribers, while YouTube music video views are surging on greater selection and totally free content.  In fact, according to stats compiled b... Read More...
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Diplo: “Technology Has Never Benefited the Artist. It’s Always Benefited the Audience.”

Paul Resnikoff
August 17, 2015
31
...from an interview with Charlie Rose, which also featured Sonny Moore (aka Skrillex). Charlie Rose: Let's look at this clip with Daniel Ek, here it is. Daniel Ek clip (from 5/1/2014): What I hope is ... Read More...
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SoundCloud Facing Legal Action ‘Before Thanksgiving,’ Sources Say

Paul Resnikoff
August 13, 2015
7
Legal threats against SoundCloud from major content owners are now intensifying, according to sources, with filings likely to happen within a few months if negotiations don't progress.  Earlier, Digital Mus... Read More...
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5 Ways to Fix the Streaming Music Crisis

Yves Riesel
August 7, 2015
39
1. Stop free use, and develop users' willingness to pay. Amongst the millions of ‘users’ that streaming services claim, the proportion of real subscribers who pay the advertised price is an absolute minority... Read More...
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Universal Music Responds: “We’re Not Firing Our CEO”

Paul Resnikoff
July 31, 2015
13
Universal Music Group and its corporate parent, Vivendi, are now publicly denying rumors that Universal CEO Lucian Grainge's job is in serious danger.  In a statement issued this morning, Vivendi noted that... Read More...
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The Major Labels Conducted a Study to Determine Why Their Artists Make So Little…

Paul Resnikoff
July 29, 2015
34
The International Federation of Phonographic Industry, or IFPI, is a trade group that represents recording labels, most importantly Sony Music Entertainment, Universal Music Group, and Warner Music Group.  ... Read More...
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