Issue #215: Spotify Coming After Apple With New Podcast Initiative; Sirius XM Is the Piper That Gets Paid in Digital Music

Spotify Is Coming After Apple With a New Podcast Initiative
Spotify Is Coming After Apple With a New Podcast Initiativewww.bloomberg.com

Spotify  is tiptoeing into new businesses again.

Sirius XM Is the Piper That Gets Paid in Digital Music
Sirius XM Is the Piper That Gets Paid in Digital Musicwww.bloomberg.com
Adept management positions the company to take on the next challenge.

Harry Styles, Streaming Lead Sony Music to Double-Digit Q1 Gains
Harry Styles, Streaming Lead Sony Music to Double-Digit Q1 Gainsvariety.com
Sony Music is riding high in its first fiscal quarter on a combination of streaming and Styles, as in One Direction member Harry’s debut.

The Raine Group In Talks to Take Stake in SoundCloud
The Raine Group In Talks to Take Stake in SoundCloudwww.billboard.com
The Raine Group is exploring an investment in SoundCloud that could help the struggling music service survive on its own, sources tell Billboard.

Neil Finn Announces New Album Recording Livestream
Neil Finn Announces New Album Recording Livestreamwww.jambase.com
Neil Finn will livestream the recording of a new album in a single session taking place next month.

Steve Rifkind’s Music Discovery Platform WAV Partners with The Orchard
Steve Rifkind’s Music Discovery Platform WAV Partners with The Orchardvariety.com
WAV, the Los Angeles-based music discovery app and artist platform, has partnered with The Orchard for digital and physical distribution.

SoundCrowd: Tokenizing & Collectivizing Soundcloud
SoundCrowd: Tokenizing & Collectivizing Soundcloudmedium.com
I’ve been thinking about this a lot since the recent, somewhat unsurprising, news of Soundcloud’s troubles. My intention is to put these thoughts out there, but also to run a temperature check on how…

Spotify IPO: How Does a Direct Listing Work?
Spotify IPO: How Does a Direct Listing Work?fortune.com
It would be the largest ever transaction of its kind.

NextRadio Launches iOS FM Radio Streaming App
NextRadio Launches iOS FM Radio Streaming Appplatformandstream.com
NextRadio, the app with the most FM radio stations, announced today the launch of an iOS version of its free app for iPhone mobile device users. NextRadio offers the most local radio FM stations available through a single app to Apple users for the first time.

BookMyShow Acquires nFusion To Bolster Music Streaming Service Jukebox
BookMyShow Acquires nFusion To Bolster Music Streaming Service Jukeboxinc42.com
The nFusion acquisition is the fourth deal BookMyShow has struck in 2017.

Pandora Added Just 150,000 Paid Subscribers in Q2 of 2017
Pandora Added Just 150,000 Paid Subscribers in Q2 of 2017variety.com
Pandora’s premium on-demand music service seems to have lost virtually all of its momentum just months after launching to the public in March.

Issue #209: Spotify, Warner Music Close to Deal; Aphex Twin Debuts Micro Streaming Service; Tiny Desk Concert Has Big Impact

Spotify, Warner hope to clinch royalty deal by September
Spotify, Warner hope to clinch royalty deal by Septemberwww.reuters.com

Spotify is close to agreeing a new licensing pact with Warner Music Inc, the last big music royalty deal it needs before pushing ahead with a U.S. stock market listing, four sources familiar with the situation said.

NPR's Tiny Desk Concert: As Powerful For Musicians As Late Night?
NPR's Tiny Desk Concert: As Powerful For Musicians As Late Night?www.forbes.com
While late night television has always been the go-to place for managers to showcase emerging talent, there’s a much tinier alternative that can drive just as much growth on social media.

How SoundCloud's broken business model drove artists away
How SoundCloud's broken business model drove artists awaywww.theverge.com
‘25 million plays, and zero dollars’

Dollars and No Sense
Dollars and No Sensewww.theindustryobserver.com.au

Is the digital revolution leaving artists and consumers behind?

Aphex Twin launches micro streaming service full of Aphex Twin songs
Aphex Twin launches micro streaming service full of Aphex Twin songswww.theverge.com
Now comfortably outside of a 13-year, mid-career retirement, Aphex Twin has made it easier than ever for fans to listen to his music all in one place. The musician (born Richard D. James) unveiled…

How to Sell Music Online
How to Sell Music Onlineblog.symphonicdistribution.com

Streaming sites, like Spotify and Pandora, may be hard to distribute your music to nowadays, and you want to make the most of your work without spending a lot of money.

SoundCloud: Why the Streaming Service is In Deep Trouble
SoundCloud: Why the Streaming Service is In Deep Troublefortune.com
SoundCloud’s technical problems and limited opportunities are pushing creators away.

How to Start Getting Your Music Licensed – Industry Insiders Share Their Secrets
How to Start Getting Your Music Licensed – Industry Insiders Share Their Secretsflypaper.soundfly.com
Sync licensing opens up a whole world of revenue and exposure for your music. Here are key tips from industry pros on how to secure placements and get paid.

Spotify has a problem that only the independent music community can solve.
Spotify has a problem that only the independent music community can solve.medium.com
Let me start this article by saying I’m a huge fan of Spotify both as a music fan and a record label owner. Spotify makes up a big chunk of our labels monthly revenue and seems to be contributing a…

Paperchain launches survey on unattributed music royalties
Paperchain launches survey on unattributed music royaltiesmusically.com
Startup Paperchain has launched a survey to gauge the scale of the music industry’s problem with unattributed royalties and unidentified rights owners.

SoundCloud isn't the only streaming firm struggling to make music pay
SoundCloud isn't the only streaming firm struggling to make music paywww.wired.co.uk
Legal streaming services such as Soundcloud and Spotify have caused piracy rates to plummet, but money is still proving hard to come by

Issue #203: How Bitcoin Technology Could Save Streaming Music Revenue; Amazon Is Now The 3rd Biggest Music Subscription Service

How Bitcoin Technology Could Save Streaming Music Revenue
How Bitcoin Technology Could Save Streaming Music Revenuewww.laweekly.com
It’s the biggest dilemma facing the modern music industry: how to fairly compensate artists for digitally distributed music. Do cryptocurrencies like…

Why musicians are so angry at the world’s most popular music streaming service
Why musicians are so angry at the world’s most popular music streaming servicewww.washingtonpost.com
Labels accuse YouTube of being the biggest threat to the industry since piracy in the 2000s.

Amazon Is Now The 3rd Biggest Music Subscription Service
Amazon Is Now The 3rd Biggest Music Subscription Servicemusicindustryblog.wordpress.com
At MIDiA we have long argued that Amazon is the dark horse of streaming music.

SoundCloud reportedly only has 80 days left to live (unless Chance the Rapper can save it)
SoundCloud reportedly only has 80 days left to live (unless Chance the Rapper can save it)qz.com

The streaming apocalypse is in full swing. Despite launching an on-demand subscription service last year to rival that of streaming juggernauts Apple Music and Spotify, SoundCloud has not had an easy time.

Spotify's Tuma Basa On Curating RapCaviar, What Not to Do When Pitching and Why He's No 'Gatekeeper'
Spotify's Tuma Basa On Curating RapCaviar, What Not to Do When Pitching and Why He's No 'Gatekeeper'www.billboard.com
Spotify’s Tuma Basa walks Billboard through the process of pitching and placing artists and songs on playlists at the world’s largest streaming service.

Warner Music Acquires Songkick, the Concert Discovery App
Warner Music Acquires Songkick, the Concert Discovery Appwww.billboard.com
Warner Music Group has acquired many of the core assets of concert discovery platform Songkick, including its website and app, along with the trademark.

Facebook reveals plans to negotiate with existing digital music platforms
Facebook reveals plans to negotiate with existing digital music platformswww.musicbusinessworldwide.com

Back in March, MBW revealed that Facebook was hiring for no less than three senior positions – all focused on the direct licensing of music.

When Musical Artists and the Blockchain Converge
When Musical Artists and the Blockchain Convergewww.nasdaq.com
Shutterstock photoBy Michael ScottThe 1999 launch of the file sharing service Napster was a seismic wake up call for the music industry. For many.

Why Did Spotify Hire This Expert In Music-Making AI?
Why Did Spotify Hire This Expert In Music-Making AI?www.fastcompany.com
As “fake artists” rack up millions of Spotify plays, the company’s new AI lab–intended to help artists–has raised the specter of songs written by robots.

Google Play Music gets more personalized with New Release Radio, customized to your tastes
Google Play Music gets more personalized with New Release Radio, customized to your tastestechcrunch.com
It’s no longer enough to simply offer on-demand music as part of the value proposition for music streaming services – you have to enable discovery of new..

Lessons Learned From LAMC: Streaming, Syncs and Immigration
Lessons Learned From LAMC: Streaming, Syncs and Immigrationwww.billboard.com
The Latin Alternative Music Conference hosted a series of panel discussions tailored for the different conundrums that arise when U.S., Latin and Latin American artists try to swim in the mainstream of the music business in the United States.

Issue #200: Spotify, Sony Music Reach Deal; Fixing SoundCloud; 2017: The Year of Music Streaming


Spotify Reaches Deal With Sony Music
Spotify Reaches Deal With Sony Musicwww.billboard.com
After months of negotiations, Sony Music Entertainment has reached a licensing agreement with Spotify, sources tell Billboard, becoming the second major label to do so this year and paving the way for the streaming service to go public.

Fixing SoundCloud
Fixing SoundCloudattentionecono.me
SoundCloud is in dire straits. Some ideas to fix its broken business model by renewing its focus on independent artists.

2017 Is Shaping Up to be the Year of Music Streaming
2017 Is Shaping Up to be the Year of Music Streamingwww.nielsen.com

On-demand audio streams have reached more than 184 billion so far in 2017, a considerable 62.4% increase over the same period last year.

The Music Streaming Revolution: Spotlight on Spotify's Valuation
The Music Streaming Revolution: Spotlight on Spotify's Valuationthemarketmogul.com

The growth of online music streaming has contributed to Spotify’s success. However, some commentators are circumspect about Spotify’s valuation.

How Music Streaming Creates New Fans for Classic Artists
How Music Streaming Creates New Fans for Classic Artistswww.hypebot.com
As Deezer announces its first-ever Family Plan offer in the US, VP of Marketing Deborah Jourdan discusses key stats and findings to discuss the broader context off how the music industry is changing and how music streaming in particularly has changed the landscape for artists of today and yesteryear.

Google Play Music gets new interface for music streaming on Chromecast
Google Play Music gets new interface for music streaming on Chromecastwww.theandroidsoul.com

Google Play Music seems to have received a new interface for streaming music via Chromecast. A Reddit user has revealed the same on a new thread.

'Russian Google' Restricts Music Service Content Amidst Piracy Concerns
'Russian Google' Restricts Music Service Content Amidst Piracy Concernswww.billboard.com
Yandex, “the Russian Google,” has introduced restrictions on user-generated content of its music service amidst piracy concerns, although the company has denied a connection.

Who needs more than one speaker?
Who needs more than one speaker?www.cnet.com
Is just one speaker enough for movies and music?

How Fender Is Reinventing Online Guitar Lessons For The Age Of Distraction
How Fender Is Reinventing Online Guitar Lessons For The Age Of Distractionwww.fastcompany.com
Fender Play is a new 4K video subscription service designed to teach guitar in bite-sized, song-based tutorials that put YouTube lessons to shame.

SoundCloud Demonstrates the Need for Great Discoverability in Music Services
SoundCloud Demonstrates the Need for Great Discoverability in Music Servicestech.co

In the audio streaming business, one single factor stands above the others: Discoverability. SoundCloud’s recent high-profile stumbles are tied to it.

Issue 193: Why 2017 is the Year of Reckoning for the Streaming Music Business; How A Music App Can Help Dish Network

Why 2017 is the Year of Reckoning for the Streaming Music Business
Why 2017 is the Year of Reckoning for the Streaming Music Businesswww.fastcompany.com
Can Spotify make a profit? Will Tidal and SoundCloud survive? Streaming music is on the verge of its moment of truth.

iHeartMedia Inks Deal to Integrate Audio Into Layer3 TV Service
iHeartMedia Inks Deal to Integrate Audio Into Layer3 TV Servicewww.billboard.com
iHeartMedia will integrate its digital radio and on-demand streaming products into Layer3 TV’s television service, Billboard has learned.

Meet Tuma Basa, The Mastermind Behind Spotify's 'Rap Caviar' Playlist
Meet Tuma Basa, The Mastermind Behind Spotify's 'Rap Caviar' Playlistgenius.com

“Streaming is like the Atari era in video gaming. It’s just gonna get bigger.”

How A Music App Can Help Dish Network
How A Music App Can Help Dish Networkwww.forbes.com

Recently, Dish Network launched Dish Music, a mobile app which allows customers to sync music throughout their home via a central control..

Apple Music Personalized Playlist Chill, Algorithmic And Editorial
Apple Music Personalized Playlist Chill, Algorithmic And Editorialtechcrunch.com
This week Apple is beginning to roll out the first new personalized playlist under Apple Music’s ‘For You’ section. The playlist, entitled ‘Chill’..

‘A proxy for personality?’: How Spotify is using music data to understand how its users behave
‘A proxy for personality?’: How Spotify is using music data to understand how its users behavemumbrella.com.au
While many organisations struggle to corral and verify the data for their customers, streaming platform Spotify has the opposite problem – how to make the

Do you listen to music in stereo?
Do you listen to music in stereo?www.cnet.com
The Audiophiliac ponders whether stereo is all that important for the enjoyment of music.

MelodyVR strikes partnership with Microsoft – funding included
MelodyVR strikes partnership with Microsoft – funding includedmusically.com
Music-focused virtual reality startup MelodyVR has announced its latest partnership: with Microsoft. The deal includes marketing and funding for the company

Twitter suspends accounts of The Fader and other popular music sites
Twitter suspends accounts of The Fader and other popular music siteswww.theverge.com
Suspensions are rare for big publications

Inside Spotify’s Financials: Is There a Path to Profitability Or an IPO?
Inside Spotify’s Financials: Is There a Path to Profitability Or an IPO?www.billboard.com
As Spotify continues to scale (50 million users) yet not make a profit (its net loss doubled to $568M), the streaming service is faced with many paths towards profitability (including renegotiating royalty rates) and having its long-awaited IPO.

The Rise and Rise of the Podcast
The Rise and Rise of the Podcastblog.audioboom.com
Podcasts are fast becoming the spoken-word choice for the younger people, enabling big brands and advertisers to target a thriving audience.

Cue sad playlist: Pandora departures point to uncertain future
Cue sad playlist: Pandora departures point to uncertain futureventurebeat.com
Capping a tumultuous year for the music-streaming pioneer, Pandora is losing founder and CEO Tim Westergren as well as its president and chief marketing officer.

Music Streaming | The Week in Review

In case you missed all the great music streaming news we featured this week, here’s our Platform & Stream Week In Review for May 15 – May 19.

Monday: Guvera Shuts Down; Is The MP3 Officially Dead?; Long Live the Spotify Inbox

Tuesday: Spotify, Blockchain and the Future; Sound Royalties’ $100m Bet on Unlocking Artist Income; LiveXLive Acquires Wantickets

WednesdayCompeting With Paid; The MP3 Is Not Dead; Universal Partners with Tencent

ThursdayIt’s Demo Day for Techstars Music Start-Ups; Apple Music Shifts Away From Album Exclusives

Friday: Spotify Acquires AI Start-Up Niland; SiriusXM Circles Back to Pandora

 

* Get the Platform & Stream daily digest newsletter – the best source of news about music streaming. Sign-Up Today!

Who Might be in Line to Buy SoundCloud?

Audio self-publishing service SoundCloud is at the centre of a rumour frenzy after reports surfaced that it has been struggling to raise the $100 million it needs to survive.

Investors value the brand in the region of $700 million – a $70 million cash injection from Twitter last year pegs it at the same amount – however the team will apparently listen to offers which exceed the total amount investment raised to date; a mere $250 million.

Although the economics of the business are murky for the moment, the brand does offer potential for organizations which want to play in the content arena. The team state SoundCloud has 175 million monthly unique users, though this number hasn’t been updated since 2014.

Read Article: Telecoms.com

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