Issue #357: Spotify Can Justify Valuation By Becoming Netflix of Music; Apple Not in the Music Business ‘For the Money’

Blog, Music, Streaming

Spotify Can Justify Valuation By Becoming Netflix of Music
Netflix building a studio saved its business. Spotify needs to do something similar: start a label and concert business that both provides a pathway toward profitability and allows it to become an attractive partner to musicians.

Apple CEO Tim Cook on Apple Music: 'We're not in it for the money'
Apple CEO Tim Cook on Apple Music: 'We're not in it for the money'www.cnbc.com
Tim Cook says he doesn’t necessarily think “a financial person” fully understands Apple.

Music and Blockchain: the Gentle Distant Revolution
Music and Blockchain: the Gentle Distant Revolutionmedium.com
There’s a big enthusiasm about blockchain tecnhologies and cryptocurrencies, with music world making no exception in the excited conversation.

Why Dance Music Stars Are Crazy About Cryptocurrency, and May Make a Killing
Why Dance Music Stars Are Crazy About Cryptocurrency, and May Make a Killingwww.billboard.com

DJs are diving into Bitcoin and other blockchain-based coins.

The future of the music industry: blockchain, diversity, hologram Roy Orbison and more
The future of the music industry: blockchain, diversity, hologram Roy Orbison and moremusically.com
FastForward prides itself on doing things a bit differently from other music-industry conferences, from its diverse speakers and youthful audience.

Pandora Launches Audio Ad Marketplace As Voice And Brand Safety Demand Rises
Pandora Launches Audio Ad Marketplace As Voice And Brand Safety Demand Riseswww.geomarketing.com

“The launch of our programmatic audio marketplace will give advertisers the unique opportunity to efficiently reach Pandora’s audience,” says Pandora CRO John Trimble.

Amazon Prime Music: Amazon Prime Music strikes deal with T-Series
Amazon Prime Music: Amazon Prime Music strikes deal with T-Seriestech.economictimes.indiatimes.com
Amazon Prime Music users will get ad-free access to 1,50,000 songs from the label, including Bollywood music, non-film albums, and regional music titl..

Survey claims early satisfaction with smart speakers is high
Survey claims early satisfaction with smart speakers is highmusically.com
89% of Americans who’ve bought a smart speaker so far are satisfied with their device, according to a new survey published by investment firm Loup Ventures.

Rep. Bob Goodlatte to unveil sweeping music copyright reform package next month
Rep. Bob Goodlatte to unveil sweeping music copyright reform package next monthwww.tennessean.com
Action on the legislation is a clear indication that long-sought federal copyright reform could come to fruition on 2018.

Universal Music Making Close To $18 Million A Day
Universal Music Making Close To $18 Million A Daymusic3point0.com
Universal Music Group had a great year, and now is making around $18 million a day, which no one would have expected 5 years ago.

YK Records’ Michael Eades on Running a Boutique Label in a Digital World
YK Records’ Michael Eades on Running a Boutique Label in a Digital Worldwww.nashvillescene.com

In our age of streaming media, “How much great music are we missing out on?” is not a question we’re likely to ask. But maybe we should.