WE NOW HAVE THE PROOF. STREAMING RATES HAVE PEAKED. As we noted yesterday The UN is airlifting calculators and behavioral economics textbooks to Hollywood and Silicon valley. So soon we hope some of the executives being paid to do the math on streaming will actually do the math on streaming. In the meantime we crunched the numbers and it appears that Spotify rates per stream have peaked and are now dropping as they add more users.
The decision by Swift’s Big Machine Records to yank the pop star’s music from Spotify has prompted Sony Music Entertainment to reconsider whether it will continue to license songs for free, ad-supported music services, according to Kevin Kelleher, EVP and CFO of Sony Music.
We’ve written about this before in two posts, Why Spotify is not Netflix (But Maybe It Should Be) and Streaming Is the Future, Spotify Is Not. Let’s talk Solutions. In Both posts we talk at length about how the problem is not technology or streaming itself, but rather the very restricted business models and poor economics that currently exist.
One of the big head-scratchers that comes up whenever anyone keeps something off Spotify - or streaming in general - is the chorus of voices that rise in a collective call: “But we’re already paying for Spotify! What do you mean we can’t listen to your new album?”
These companies can’t keep giving the "I see nothing" Sergeant Schultz line. Artists are sick of it and now that The Turtles [following a recent lawsuit victory over Sirius XM, where the satellite radio giant was done for copyright infringement for failing to pay royalties on the group's recordings made before 1972] have shown us the light, and if the DOJ doesn’t do anything, expect lawsuits. In multiple jurisdictions, against brands, Madison Avenue and the advert exchanges.
Several of our posts on streaming ray rates aggregated into one single source. Enjoy... If the services at the top of the list like Nokia, Google Play and Xbox Music can pay more per play, why can't the services at the bottom of the list like Spotify and YouTube? We'll give you a hint, the…
Many works composed by popular musicians including The Eagles, Pharrell Williams, Boston, Foreigner, John Lennon, Smokey Robinson, Chris Cornell and George and Ira Gershwin could be headed off YouTube.
From Yahoo News: The Swedish co-founder of file-sharing website The Pirate Bay was sentenced to three years and six months in jail Friday in the largest hacking case in Denmark's history. Gottfrid Svartholm Warg, 30, was sentenced at a Copenhagen district court a day after he was found guilty of "hacking and aggravated vandalism". The prosecutor had requested a six-year jail term for Warg, and two years for his co-defendant, a 21-year-old Dane, who received a six-month sentence instead. The court in Frederiksberg, in central Denmark, said Warg's "piracy was systematic, intensive and long-term".
The music business press has repeatedly criticized artists for not providing a solution for the problems with streaming. Once you get past the amusing fact that it’s not our job nor are we paid to fix streaming services it does become a useful exercise. Here is my response.
I would like to thank the shareholders for appointing me CEO of Spotify. I am honored that you placed such great trust in my ability to navigate us through this difficult time.
A new song by Usher will be the prize at the bottom of select cereal boxes. Starting Tuesday, a exclusive single will be available for download with specially-marked Honey Nut Cheerios packages purchased at Walmart stores.
Lashing back at artists who have recently come out against music streaming — namely, Taylor Swift — Spotify chief*Daniel Ek released a statement insisting that Spotify has already “paid more than $2 billion*to labels, publishers, and collecting societies for distribution to songwriters and recording artists.”
Spotify is not paying sustainable rates for the cost of goods. Look – it’s like this, if something cost you $100 to make, and someone else sells it for $10… it doesn’t matter that you are getting 70% of the gross, you’re still over 90% unrecouped on a per unit basis. This is the problem
Why Spotify Sucks for Independent Artists If the future of music rests in the hands of streaming, why do independent artists have such a hard time embracing it? It breaks down to one simple factor. If...
If you’ve been observing the media campaign opposing Taylor Swift’s decision to withdraw from Cult Spotify while having the biggest first week sales of any record in a very long time, hopefully you haven’t been distracted by the bright and shiny object. Taylor Swift has proven the rule that we all knew, but was very unpopular to actually act on:
Just days after the US singer-songwriter became the latest artist to remove her music from Spotify, the music publishing company Kobalt will announce its Spotify revenue in Europe has overtaken income from iTunes downloads for the first time
We don't know if the rumors are true, but we're hearing rumblings from the upper echelons of the music business that top management is very unhappy with the cannibalization of the transactional business that is being accelerated in a death spiral towards a $3b record industry.
Did you guys get this headline on the midyear sales figures, U.S. Music Revenues Down Nearly 5%