Sir Lucian Grainge brushes his teeth. He puts on his Pj’s, tucks himself in and settles down for an uninterrupted eight hours. By the time he wakes up, Universal Music Group has generated close to $2m from streaming services like Spotify. Welcome to the never-ending...
Apple has reportedly been trying to lower the share of Apple Music revenues (QQQ) that it pays out to record labels—the suppliers of the content it uses for its music streaming service. According to Bloomberg, the prior agreements that Apple had with record labels...
The most difficult part about the debate over streaming royalties is that nobody seems to know what streaming services actually pay. Which is why Digital Music News started an initiative to collect streaming data from anyone who would share their royalty statements....
Aren’t we supposed to be bitching? No, the future’s so bright you’ve gotta wear shades. It’s hard to change the mantra. How the internet ruined the music business, how streaming is the devil, but you can’t argue with the numbers. Revenue was up 13.3% year over year....
Image by Thomas Galvez (CC by 2.0) If you’re trying to live off your Spotify spins, stop it right now. Taylor Swift makes $400,000 off Spotify in a weekend. But nearly everyone else making bubkes. Which means if you’re hoping to making streaming your...
On Friday we mentioned new reports that Spotify is planning to go public on the NYSE via a so-called direct listing, with our sources saying that late 2017 is more likely than early 2018. Some notes: Why? A direct listing would save Spotify some Wall Street...
