Issue 603: Million-Plus Downloads for IDAGIO App; 7 Startups Spotify Should Buy; Universal Acquires INgrooves

Blog, Music, Streaming

Over one million downloads for IDAGIO app
Over one million downloads for IDAGIO appwww.rhinegold.co.uk
In January 2019, streaming service for classical music IDAGIO surpassed over one million app downloads worldwide. The Berlin-based streaming serviceRead More

Seven startups Spotify should (try to) buy to better serve artists
Seven startups Spotify should (try to) buy to better serve artistswww.musicbusinessworldwide.com
Merch, hardware, A&R, crowd-funding and more offered by some impressive young companies

Drake Releasing ‘So Far Gone’ to Streaming Services, 10 Years Later
Drake Releasing ‘So Far Gone’ to Streaming Services, 10 Years Laterwww.rollingstone.com

Superstar rapper posted a lengthy Instagram message to announce that his breakthrough mixtape will finally get a streaming release.

Universal Music to Acquire Distributor INgrooves in Move to Strengthen Commitment to Indie Labels
Universal Music to Acquire Distributor INgrooves in Move to Strengthen Commitment to Indie Labelswww.billboard.com
Universal Music Group has agreed to acquire INgrooves, the independent distributor that it has long had a strategic alignment with in addition to holding about a 25 percent stake in that company.

iHeart Launches Podcast Recommendation Engine - Radio Ink
iHeart Launches Podcast Recommendation Engine – Radio Inkradioink.com
iHeartRadio’s new podcast recommendation engine gives listeners podcast suggestions based on their preferences and listening habits.

How Is Playlist Culture Affecting Our Listening Choices? A New York City Experiment
How Is Playlist Culture Affecting Our Listening Choices? A New York City Experimentflypaper.soundfly.com
I spent a day in Union Square, New York City, asking passersby what they’re listening to and how they discovered it, and learned a lot about myself.

The Future of In-Car Radio: Losing All Restrictions
The Future of In-Car Radio: Losing All Restrictionswww.radioworld.com
Fraunhofer IIS explores possibilities raised by intelligent audio-processing technologies

Cramer: Wake up and hear the music—Spotify is an 'incredible' buy
Cramer: Wake up and hear the music—Spotify is an 'incredible' buywww.cnbc.com
Jim Cramer says Wall Street misread Spotify’s guidance even though the music streaming platform has recently made some great acquisitions.

The Knot Inspires Couples Through the Power of Music with Spotify
The Knot Inspires Couples Through the Power of Music with Spotifyplatformandstream.com

The Knot announces the launch of the Spotify playlist “Wedding Songs by The Knot,” which will serve up musical inspiration for couples across the globe.

How to Release a Project In the Streaming Era on a Minimal Budget: A Guest Editorial by Spree Wilson
How to Release a Project In the Streaming Era on a Minimal Budget: A Guest Editorial by Spree Wilsondjbooth.net
Singer-songwriter and producer Spree Wilson pens a guest editorial on releasing a project, or video, in the streaming era on a minimal budget.

Capcom Adds A Ton Of Game Soundtracks to Spotify
Capcom Adds A Ton Of Game Soundtracks to Spotifycomicbook.com

Many video game players enjoy the music that is part of their favorite titles.

The Knot Inspires Couples Through the Power of Music with Spotify

Blog, Music, Spotify, Streaming

The Knot announces the launch of the Spotify playlist “Wedding Songs by The Knot,” which will serve up musical inspiration for couples across the globe. The first artist to come on board in curating a powerful playlist to inspire and celebrate love is superstar Meghan Trainor; the playlist will feature all new music and insider commentary on her new EP, The Love Train.

Whether you’re currently planning a wedding or said “I do” decades ago, you can now stream music that will inspire you to fall in love all over again.

Issue 602: SiriusXM Must Decide What to Do With Pandora; Qobuz Debuts Today; ‘Green Book’ Soundtrack Passes 1M Streams

Blog, Music, Streaming

With Merger Complete, SiriusXM Must Decide What to Do With Pandora
With Merger Complete, SiriusXM Must Decide What to Do With Pandorawww.digitaltrends.com
The merger between SiriusXM and Pandora, which has been in the works since September of 2018, is now complete. This means that 2019 will be the year that the combined entity will have to figure out how to make the most of the two audiences. Here’s how it plans to do it.

Hi-res streaming service Qobuz launches in the US today
Hi-res streaming service Qobuz launches in the US todaymusically.com
Music-streaming service Qobuz will go live in the US today: a launch that the company has been teasing for several months.

‘Green Book’ Soundtrack Passes 1 Million Streams
‘Green Book’ Soundtrack Passes 1 Million Streamsvariety.com
The official soundtrack to “Green Book” has surpassed one million streams on global music streaming platforms.

Deezer chooses Sam Fender and Lewis Capaldi for ‘Next’ promo
Deezer chooses Sam Fender and Lewis Capaldi for ‘Next’ promomusically.com
Deezer has announced the next swathe of artists who’ll benefit from its ‘Deezer Next’ promotion in 2019.

Spotify Spends Big On Podcasts, But Ad Revenue Has A Long Way To Go
Spotify Spends Big On Podcasts, But Ad Revenue Has A Long Way To Gowww.forbes.com
Spotify is spending hundreds of millions of dollars on podcast-related acquisitions. But the primary source of revenue in podcasting is advertising, and podcast ad revenue has a long way to go before it catches up to streaming music.

How India's Millennials, Smartphones and Spotify's Entry will Awaken the Music Industry's 'Sleeping Giant'
How India's Millennials, Smartphones and Spotify's Entry will Awaken the Music Industry's 'Sleeping Giant'www.entrepreneur.com
It is clear that every music streaming platform sees India as a golden ticket to growing tenfold. So much so, that streaming services like Spotify will likely come into the Indian market with a limited catalog with the goal of taking on market share holder Gaana.

‘Spotify Teardown’ Is the Book Spotify Didn’t Want Published
‘Spotify Teardown’ Is the Book Spotify Didn’t Want Publishedwww.rollingstone.com

Researchers behind the controversial new book into Spotify’s operations chat with Rolling Stone about their most surprising findings.

Warren Haynes & Stefani Scamardo Announce Valentine's Day Special On SiriusXM Jam On
Warren Haynes & Stefani Scamardo Announce Valentine's Day Special On SiriusXM Jam Onwww.jambase.com
The husband-and-wife pair of Stefani Scamardo and Warren Haynes will host a “Valentine’s Day Love Set” all day on February 14 via SiriusXM’s Jam On featuring Phil Lesh, Dave Matthews, Mike Gordon and more.

Why Don't We have Perfect Sound Yet?
Why Don't We have Perfect Sound Yet?audiophilereview.com

Steven Stone looks at reasons why we aren’t yet in sonic nirvana…

The album is in crisis: Streaming services, artists' preference for singles have put the format under threat
The album is in crisis: Streaming services, artists' preference for singles have put the format under threatwww.firstpost.com
Older consumers with a personal fondness for romantic balladeers and people who are buying music for their children are the only ones purchasing albums anymore. Most listeners have migrated to Youtube and audio streaming services

Amuse To Utilize Machine Learning To Calculate Royalty Advances
Amuse To Utilize Machine Learning To Calculate Royalty Advanceswww.hypebot.com
Royalty advances are typically an unpredictable shot in the dark about what an artist is worth, with publishers seeking to keep it as low as possible, while artists work to squeeze as much money out as possible. In hopes to remove some of the polarizing ambiguity from this process, Swedish…

Issue 601: Will Record Labels Soon Have a Sirius Problem?; Boca Juniors Tune in with Spotify; TIDAL Lets Users Mute Artists, Tracks

Blog, Music, Streaming

Will Record Labels Soon Have a Sirius Problem?
Will Record Labels Soon Have a Sirius Problem?www.billboard.com
SiriusXM’s $3.5 billion purchase of Pandora, finalized Feb. 1, will create a digital-radio behemoth with customized radio playlists, a contract with Howard Stern and an estimated 100 million listeners who tune in from cars, smartphones and laptops alike.

Boca Juniors tune in with Spotify
Boca Juniors tune in with Spotifywww.sportspromedia.com
Argentinian soccer giants create music playlist for fans.

TIDAL lets users mute Artists and Tracks
TIDAL lets users mute Artists and Tracks www.musicbusinessworldwide.com
Tracks and artists can be blocked from appearing in My Mix and Artist and Track Radio playlists

A Music Startup Is Paying Artists For Their Future Royalties
A Music Startup Is Paying Artists For Their Future Royaltieswww.rollingstone.com

Swedish startup Amuse debuts Fast Forward, a new service that projects artists’ future earnings using machine learning.

Suddenly, podcasting becomes a sound business
Suddenly, podcasting becomes a sound businesswww.computerworld.com
Spotify began a buying spree in an apparent bid to dominate podcasting. Here’s what it knows that others don’t.

Spotify's Acquisition of Gimlet & Anchor Does to Podcasts What It Can't Afford to Do to Music
Spotify's Acquisition of Gimlet & Anchor Does to Podcasts What It Can't Afford to Do to Musicwww.billboard.com
Now Spotify can finally bring its vision of becoming a “two-sided marketplace” to life — just not for music first.

Georgia Wants to Add a Tax on Netflix, Digital Music
Georgia Wants to Add a Tax on Netflix, Digital Musicfortune.com
Legislators in the Peach State are considering a new 4% tax on digital video, books, music, and games.

¡Más volumen! Mexico City is a new capital of the digital music business
¡Más volumen! Mexico City is a new capital of the digital music businesswww.marketplace.org
Spotify says the world’s largest market for its streaming service is not NYC or London: it’s Mexico City. And this metropolis is becoming a huge hub for those who create, produce or monetize digital music.

Is Spotify Stock the Next Pandora, or the Next Netflix?
Is Spotify Stock the Next Pandora, or the Next Netflix?investorplace.com
Spotify stock has pulled back sharply amid a market sell-off and mounting risks. Is SPOT like NFLX, or will competition take it down?

Alexa gets support to stream over 350 radio stations in India
Alexa gets support to stream over 350 radio stations in Indiawww.businesstoday.in
With over 350 radio stations supported, the list includes a live broadcast of 17 All India Radio stations in 14 Indian languages.

Issue 600: How AI is Reshaping the Music Business Globally; Spotify Readies New Podcast About The Clash

Blog, Music, Streaming

How AI is Reshaping the Music Business Globally
How AI is Reshaping the Music Business Globallywww.entrepreneur.com
The fourth industrial revolution is in full effect, and companies, particularly in the music business, need to prepare a new set of strategies if they are to adapt and take full advantage of AI’s wave of change.

Spotify gets Chuck D for eight-part podcast about The Clash
Spotify gets Chuck D for eight-part podcast about The Clashmusically.com
It was clear last week just how much welly Spotify is willing to put behind podcasts in the year ahead, with up to $500m earmarked for acquisitions of tech and content – including its deals for Gimlet Media and Anchor.

Don't bore us, get to the chorus? How streaming is changing songs
Don't bore us, get to the chorus? How streaming is changing songswww.cbc.ca
Streaming has changed the way people consume music, and it may be changing the way songs are written. Researchers and songwriters alike observe that songs that do well on streaming have shorter instrumental intros and get to the chorus faster, to hook the listener as soon as possible.

Musiio Raises $1M To Bring Spotify-Like AI To Other Music Services, Labels, Publishers
Musiio Raises $1M To Bring Spotify-Like AI To Other Music Services, Labels, Publisherswww.hypebot.com

Musiio has raised a $1 million seed round to continue development of its use of artificial intelligence (AI) which brings Spotify-like discovery and curation tools to other music services and AI driven A&R tools to labels and other music companies.

Ariana Grande’s 'Thank U, Next' Sets New Records on Apple Music
Ariana Grande’s 'Thank U, Next' Sets New Records on Apple Musicwww.billboard.com
Ariana Grande’s newest album, ‘Thank U, Next,’ has already set multiple records on Apple Music following its release on Friday (Feb. 8).

Marshmello's Virtual 'Fortnite' Concert Drove Major Streaming, Sales Gains
Marshmello's Virtual 'Fortnite' Concert Drove Major Streaming, Sales Gainswww.billboard.com
Marshmello’s digital concert inside video game Fortnite over the weekend drew upwards of 10 million virtual attendees, according to initial estimates — and the masked DJ’s virtual stint appears to be paying off in reality, too.

Spotify Trounces Apple Music in Competition for Streaming Music Service Paid Subscribers
Spotify Trounces Apple Music in Competition for Streaming Music Service Paid Subscribersfortune.com
Spotify paid subscribers are up 36% over last year. The company also announced the acquisition of Gimlet Media and Anchor.

Spotify Music Head on Muting Artists and That R. Kelly Debacle: "Our Intentions Were Good"
Spotify Music Head on Muting Artists and That R. Kelly Debacle: "Our Intentions Were Good"www.hollywoodreporter.com
Ahead of Sunday’s Grammy Awards, Spotify Music Head opens up about muting artists and the power of the curated playlist.

The four types of music subscription models in 2019
The four types of music subscription models in 2019www.musicbusinessworldwide.com
What music fans are spending money on every month – and how it’s going to evolve

What's the secret to Spotify's success?
What's the secret to Spotify's success?www.rappler.com

Rappler talks to Spotify Southeast Asia’s top execs about the streaming platform’s success, Filipino music, and why love songs matter.

Israel and Wales get new local-focused music-streaming services
Israel and Wales get new local-focused music-streaming servicesmusically.com
Shiri is a new music app launched by the National Library of Israel, with a catalogue of more than 400k tracks by Israeli artists.

Issue 599: An Ode to Napster; Spotify Shows Why Delivering Music is Very Expensive

Blog, Music, Streaming

An Ode To Napster, The Site That Broke The Music Industry (And Maybe For The Better)
An Ode To Napster, The Site That Broke The Music Industry (And Maybe For The Better)junkee.com
Napster wreaked havoc across the music industry, and changed the way we listen to music forever. We take a look back at the iconic site.

Spotify Shows Why Delivering Music Is Very Expensive
Spotify Shows Why Delivering Music Is Very Expensivewww.forbes.com
Profitability remains challenging.

SpongeBob got a bigger streaming bump than Adam Levine after Super Bowl 2019
SpongeBob got a bigger streaming bump than Adam Levine after Super Bowl 2019nypost.com
It really is a sweet, “Sweet Victory.”
Streams for the song SpongeBob Squarepants and the gang performed at the Super Bowl 53 halftime show jumped…

Spotify bans ad blockers in updated Terms of Service
Spotify bans ad blockers in updated Terms of Servicewww.theverge.com
Spotify sent out its updated Terms of Service today, and among the changes are some updates to User Guidelines. The new guidelines explicitly ban third-party ad blockers, bots, and fraudulent streaming activities.

Steve Dempsey: 'Streaming and a podcast boom may kill the radio star'
Steve Dempsey: 'Streaming and a podcast boom may kill the radio star'www.independent.ie
The music streaming company Spotify isn’t happy with its 200 million users, 96 million of whom are paying subscribers. It wants more. It wants to become the world’s largest audio platfo

How Amazon Is Betting on Voice to Drive Up Prime Music Adoption in India
How Amazon Is Betting on Voice to Drive Up Prime Music Adoption in Indiagadgets.ndtv.com
Amazon is slowly building up its voice capabilities in an effort to make sure consumers spend more time listening to music.

Siri co-founder Tom Gruber's new music startup LifeScore joins Abbey Road Red tech incubator
Siri co-founder Tom Gruber's new music startup LifeScore joins Abbey Road Red tech incubator www.musicbusinessworldwide.com
LifeScore is an adaptive music platform

Calm raises $88m: should meditation be on Spotify’s audio radar?
Calm raises $88m: should meditation be on Spotify’s audio radar?musically.com
Investor interest in the space is clear: yesterday another mindfulness startup, Calm, raised an $88m funding round valuing the company at $1bn.

Sonos Sold Close to $500 Million in Smart Speakers During Holiday Quarter, Posts Record Profit
Sonos Sold Close to $500 Million in Smart Speakers During Holiday Quarter, Posts Record Profitvariety.com
Sonos is now generating nearly half of its revenue from home theater products.

How Streaming Saved The Record Industry
How Streaming Saved The Record Industryfijisun.com.fj
Although things are looking up at the moment, the music business is an unpredictable animal, but even so, will investors be able to resist a stake in the number one music company?…

Streaming Music Revenue Up, But Per Song Rates May Have Dropped In 2018
Streaming Music Revenue Up, But Per Song Rates May Have Dropped In 2018www.hypebot.com

Bobby Owsinski breaks down some complex recent streaming data, which highlights the disparity between the royalty rates paid out by major streamers.

Issue 598: SiriusXM Hopes Pandora Will Push Biz Beyond Cars; Why Spotify is Betting Big on Podcasting; Vodafone Idea to Launch Music Streaming App

Blog, Music, Streaming

SiriusXM Hopes Pandora Will Grow the Company Beyond Cars
SiriusXM Hopes Pandora Will Grow the Company Beyond Carswww.hollywoodreporter.com
SiriusXM CEO Jim Meyer has big plans for the now-largest audio entertainment company in the world.

Soon more Brits will pay for streaming than listen for free
Soon more Brits will pay for streaming than listen for freemusically.com
The UK’s Entertainment Retailers Association has predicted that the British music industry will see a new tipping point later this year: the moment when the number of paying music subscribers overtakes the number of free music-streamers.

Goldman Sachs Bets On Hip Hop And Millennials For Music Revival
Goldman Sachs Bets On Hip Hop And Millennials For Music Revivalwww.forbes.com
Streaming platforms take center stage in Goldman Sachs latested forecast that music revenue is going to more than double to about $131 billion by 2030. Currently music streaming sales are dominated by top R&B and hip-hop artists and black listeners are the largest streaming user group.

Vodafone Idea to Launch Music Streaming App, Will Rival JioSaavn
Vodafone Idea to Launch Music Streaming App, Will Rival JioSaavn www.thequint.com
Vodafone Idea will shut down Idea Music app and will look to partner with existing music streaming apps to offer content to consumers.

Gov't launches new Hebrew music streaming app
Gov't launches new Hebrew music streaming appwww.jpost.com
‘Shiri’ is available free worldwide and includes more than 40,000 Hebrew songs.

Why Spotify is betting big on podcasting
Why Spotify is betting big on podcastingtechcrunch.com

Podcasting revenues hit $314 million in 2017, according to a third-party survey released last summer.

Scooter Braun launches music tech investment group
Scooter Braun launches music tech investment groupwww.iq-mag.net
Scooter Braun and Zach Katz’s Raised In Space Enterprises investment vehicle aims to forge “proactive collaboration between music and technology”

Troy Carter Signs With UTA
Troy Carter Signs With UTAwww.billboard.com
Music industry veteran and tech investor Troy Carter has signed with UTA, The Hollywood Reporter has learned.

Spotify posts second consecutive quarterly profit, but projects big losses for 2019
Spotify posts second consecutive quarterly profit, but projects big losses for 2019venturebeat.com
Spotify’s revenue grew to $1.7 billion for the fourth quarter, up 30 percent from one year ago, with a profit of $503 million for the quarter.

Music industry tackles illicit challenge to streaming services
Music industry tackles illicit challenge to streaming serviceswww.computerworld.com.au

Stream-ripping sites in crosshairs.

Spotify-Gimlet Deal: Podcasting Is Not a Small Business
Spotify-Gimlet Deal: Podcasting Is Not a Small Businessfortune.com
Contrary to popular belief, there’s a lot of money to be made in podcasting.